Industry Ventures leads $40 mln round for The RealReal

By Iris Dorbian — 10 months ago

Luxury resale site The RealReal has secured $40 million in Series D funding. Industry Ventures led the round with participation from other investors that included e.ventures Growth, Greycroft Growth, DBL Partners, Canaan Partners and InterWest Partners. In addition to the funding, Cynthia Ringo of DBL Partners has been added to The RealReal’s board of directors.

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Diabetes management platform Glooko racks up $16.5 mln Series B

By Iris Dorbian — 11 months ago

Palo Alto, California-based diabetes management platform Glooko Inc has received $16.5 million in Series B funding. The investors included Canaan Partners, Medtronic, The Social + Capital Partnership and Samsung. In conjunction with the financing, Wende Hutton of Canaan Partners has been added to Glooko’s board of directors.

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Lending platform EVEN Financial scores $2.8 mln seed

By Iris Dorbian — 11 months ago

New York City-based lending platform EVEN Financial has secured $2.8 million in seed funding. Canaan Partners led the round with participation from other investors that included Lerer Hippeau Ventures, Brooklyn Bridge Ventures, Conversion Capital, Social Leverage and 555 Capital.

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Life sciences startup Unchained Labs grabs $25 mln

By Iris Dorbian — 1 year ago

Pleasanton, California-based life sciences tools startup Unchained Labs has closed $25 million in Series A funding. Novo Ventures, Canaan Partners and TPG Biotech led the round. Also, the company has acquired Optim, a multiplex protein stability platform for biologics. No financial terms were disclosed.

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Borro raises $19.5 mln

By Luisa Beltran — 1 year ago

Borro said Tuesday it has raised $19.5 million in funding led by OurCrowd and Rocket Internet. OurCrowd contributed more than $6 million of the capital raised while Rocket Internet increased its stake in Borro to 10 percent. Existing investors Canaan Partners, Eden Ventures and Augmentum Capital also participated in the round, the statement said. New York-based Borro allows individuals to use luxury assets –including fine art, antiques, jewelry, luxury watches, fine wine, prestige and classic cars — as collateral for loans. FT Partners provided financial advice to Borro.

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ClusterHQ rakes in $12 mln

By Iris Dorbian — 1 year ago

UK-based ClusterHQ, which is building a data layer for Docker, has secured $12 million in Series A funding, it was announced on the company’s site. Accel Partners led the round with participation from other investors that included Canaan Partners. To read more details about the funding, visit here.

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Cargomatic hauls in $8 mln, as it aims to be the Uber of trucking

By Alastair Goldfisher — 1 year ago

Cargomatic, which provides a shipment matching technology to connect truck drivers with those who need to move freight, has raised $8 million in Series A funding. Canaan Partners led the round and was joined by Volvo Group Venture Capital, Rob Estes of Estes Express, Morado Venture Partners, SV Angel, Sherpa Ventures, Winklevoss Capital, Structure Capital, Nicolas Berggruen, Scott Banister, Fritz Lanman and Hank Vigil. The Venice, Calif.-based company had raised $2.6 million last June.

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Beckon nabs $13 mln in Venrock-led round

By Iris Dorbian — 1 year ago

Marketing intelligence software provider Beckon has raised $13 million in Series B funding. Venrock led the round with participation from other investors that included August Capital, Canaan Partners and El Dorado Ventures.

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CytomX grabs $20 mln Series C

By Iris Dorbian — 1 year ago

Biotech firm CytomX has received $20 million in Series C financing. Pfizer Venture Investments led the round with participation from previous backers Third Rock Ventures, Canaan Partners and the Roche Venture Fund. In addition to the funding, Dr. Elaine Jones, executive director of venture capital at Pfizer Venture Investments, has been added to CytomX’s board of directors. Her appointment becomes effective January 15, 2015.

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Grocery delivery startup Instacart bags $210 mln

By Iris Dorbian — 1 year ago

According to an SEC filing, Instacart, an on-demand grocery service, has raised $210 million in a targeted $220 million funding round. A company spokesperson declined to add further information. Last June, Instacart received $44 million in Series B funding. Andreessen Horowitz led the round with participation from previous backers Sequoia Capital, Khosla Ventures and Canaan Partners.

 

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VC-backed LendingClub sets IPO pricing terms

By Iris Dorbian — 1 year ago

According to an SEC filing, LendingClub Corp. has priced 57.7 million shares of its IPO at between $10 and $12 a share. The stock will trade on the NYSE under the ticker symbol “LC.” Morgan Stanley, Goldman Sachs, Credit Suisse and Citigroup are the lead underwriters. Based in San Francisco, LendingClub is a peer-to-peer lending marketplace. Its backers include Norwest Venture Partners, Canaan Partners, Foundation Capital, KPCB and Morgenthaler Venture Partners.

 

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CompStak rakes in $4.4 mln

By Iris Dorbian — 1 year ago

New York City-based CompStak, a marketplace for commercial real estate data, has secured $4.4 million in funding. Canaan Partners led the round with participation from other investors that included dmgi, Expansion VC and Rubenstein Partners.

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