Sigma Prime Ventures, Bessemer lead $5.6 mln round for nToggle

Ntoggle said Tuesday it raised $5.6 million in Series A funding led by Sigma Prime Ventures and Bessemer Venture Partners. Boston-based nToggle is an advertising technology startup. The company’s angel investors include Mike Baker, DataXu CEO and Ric Cavillo, Nanigans CEO.


Araxid nets $12.5 mln Series A

McLean, Virginia-based personal data company Araxid Prime Inc has closed $12.5 million in Series A funding. Bessemer Venture Partners and Columbia Capital led the round. In conjunction with the funding, Kent Bennett of BVP and Arun Gupta of Columbia Capital have been added to Araxid’s board.


NEA leads $56 mln Series B funding in Raise

New Enterprise Associates has led a $56 million Series B funding round in Raise, an online marketplace for gift cards. Other participants in the funding round include Bessemer Venture Partners, the Pritzker Organization, Listen Ventures and existing angel investors. The funding brings Raise’s total capital raised to $81 million. Tony Florence, general partner at NEA, will join Raise’s board of directors.


Ravello picks up $28 mln

Ravello Systems Inc, a nested virtualization software firm, has received $28 million in funding. Qualcomm Ventures and SanDisk Ventures led the round with participation from­ Sequoia Capital, Bessemer Venture Partners, Norwest Venture Partners and Vintage Investment Partners.


Vidyard pulls in $18 mln Series B in BVP-led round

Kitchener, Ontario-based Vidyard, a provider of video marketing and sales enablement solutions, has received $18 million in Series B funding. Bessemer Venture Partners led the round with participation from return backers iNovia Capital, OMERS Ventures, Salesforce Ventures and SoftTech VC. In conjunction with the funding, Byron Deeter, a partner at Bessemer Venture Partners, has been added to Vidyard’s board of directors.


Welltok scores $37 mln Series D

Denver-based health optimization firm Welltok has closed its Series D funding round at $37 million. Bessemer Venture Partners led the round with participation from other investors that included Hearst Health Ventures, Catholic Health Initiatives, Emergence Capital Partners, InterWest Partners, New Enterprise Associates and Qualcomm Ventures.


iSIGHT Partners grabs $30 mln Series C

Dallas-based iSIGHT Partners, a provider of cyber threat intelligence solutions, has secured $30 million in Series C funding. The investor was Bessemer Venture Partners.


VC-backed Flex Pharma files for IPO

According to an SEC filing, Boston-based Flex Pharma, a biotech firm that focuses on treating muscle cramps, has filed for an IPO. Although the number of shares that will be sold as well as the stock’s pricing terms have yet to be set, the document proposes the IPO’s value to be up to $60 million Jefferies and Piper Jaffray are among those named as lead underwriters. Flex Pharma’s backers include Bessemer Venture Partners and Longwood Fund.



Expect Labs picks up $13 mln Series A

MindMeld platform maker Expect Labs has secured $13 million in Series A funding. IDG Ventures and a USAA subsidiary led the round. Other investors included Intel Capital, Samsung Ventures, Telefónica Digital, Liberty Global Ventures, Fenox Ventures, Westcott, Quest Venture Partners, Google Ventures, Greylock Partners, Bessemer Venture Partners and KPG Ventures.

Allena Pharma raises $25 mln

Allena Pharmaceuticals has completed a $25 million Series B financing led by HBM Partners. Existing investors Frazier Healthcare, Third Rock Ventures, Bessemer Venture Partners and new investor Pharmstandard International also participated. Newton, Mass.-based Allena is specialty biopharmaceutical company that develops non-systemic protein therapeutics to treat metabolic and orphan diseases.


TCV leads $56.7 mln round for ThinkingPhones

Technology Crossover Ventures has led a $56.7 million Series D round for Thinking Phone Networks. The round also includes funding from existing investor Bessemer Venture Partners. Cambridge, Mass-based Thinking Phones provides technology that aims to unify voice, text and conferencing services on a single cloud platforms.


SendGrid racks up over $20 mln

Boulder-based email delivery platform SendGrid has received over $20 million in Series C funding. The investors were Bain Capital Ventures, Bessemer Venture Partners and Foundry Group.


BVP leads $47.6 mln round for LiveAuctioneers

Auction platform LiveAuctioneers has closed $47.6 million in funding. Bessemer Venture Partners led the round. Also, the company has named BVP partner Brian Feinstein to its board of directors.


Endgame scores $30 mln Series C

Endgame, a provider of security intelligence and analytics solutions for large businesses, has secured $30 million in Series C financing. The investors were Bessemer Venture Partners, Paladin Capital Group, Columbia Capital, Kleiner Perkins Caufield & Byers, Edgemore Capital, Top Tier Capital Partners and Savano Capital Partners.


CS Disco raises $10 mln from Bessemer, LiveOak, others

CS Disco Inc. said it raised $10 million of Series B financing in a deal led by Bessemer Venture Partners and joined by existing investor LiveOak Venture Partners. CS Disco customers Trevor Jefferies of Arnold & Porter and Stephen Wallace, a former general counsel at Westlake Chemical, also invested. BVP’s Bob P. Goodman, founding partner in the New York office, joined the e-discovery company’s board.


Stratoscale attracts $32 mln Series B

Stratoscale has closed $32 million in Series B funding. Intel Capital led the round with participation from Cisco Investments, SanDisk, Battery Ventures and Bessemer Venture Partners. Based in Israel, Stratoscale is a software platform for hyper-convergence.

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