Enso Ventures backs Galera Therapeutics

By Iris Dorbian — 3 days ago

Malvern, Pennsylvania-based Galera Therapeutics, a developer of new treatments for cancer patients, has secured $5 million in funding from Enso Ventures. This capital infusion brings Galera’s Series B funding total to $42 million. Galera’s other investors are New Enterprise Associates, Novartis Venture Fund, Novo Ventures, Correlation Ventures and Galera Angels.

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Splice Machine fetches $9 mln

By Iris Dorbian — 2 weeks ago

Splice Machine, a provider of the first RDBMS powered by Hadoop and Spark, has secured $9 million in funding. The investors included Correlation Ventures, Interwest Partners and Mohr Davidow Ventures.

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Menlo Ventures leads Series C round for BlueVine

By Iris Dorbian — 2 weeks ago

BlueVine, which provides working capital financing to small businesses, has raised $40 million in Series C funding. Menlo Ventures led the round with participation from other investors that included investor Rakuten FinTech Fund, Lightspeed Venture Partners, 83North and Correlation Ventures. In conjunction with the funding, Tyler Sosin has been added to BlueVine’s board of directors while Oskar Miel will become a board observer and strategic advisor.

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Sundar snaps up $1.3 mln seed

By Iris Dorbian — 2 months ago

Sundar, a global sourcing platform for sourcing materials for the apparel industry, has secured $1.3 million in seed funding. New Enterprise Associates led the round with participation from other investors that included Techstars Ventures and Correlation Ventures.

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Contactually snaps up $8 mln Series A

By Iris Dorbian — 3 months ago

According to a blog post on its site, Washington, DC-based software and service company Contactually has raised $8 million in Series A funding. The company’s backers include Grotech Ventures, Rally Ventures, Correlation Ventures, Point Nine Capital, 500 Startups, Bull City Venture Partners and Middleland Capital.

 

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Zebit pulls in $10 mln in Crosslink Capital-led round

By Iris Dorbian — 3 months ago

La Jolla, California-based Zebit Inc, an automated payment system provider, has secured $10 million in Series A funding. Crosslink Capital led the round with participation from other investors that included Wildcat Venture Partners, Leapfrog Ventures and Correlation Ventures. In addition to the funding, Jim Feuille, a general partner at Crosslink Capital, Bryan Stolle, a general partner at Wildcat Venture Partners and Mohr Davidow Ventures, and Pete Sinclair, a general partner at Leapfrog Ventures, have all been named to Zebit’s board of directors.

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Galera Therapeutics pulls in $37 mln Series B

By Iris Dorbian — 4 months ago

Malvern, Pennsylvania-based Galera Therapeutics, a biotech company focused on treating cancer patients, has closed $37 million in Series B funding. Novo Ventures led the round with participation from previous backers New Enterprise Associates, Novartis Venture Fund, Correlation Ventures and Galera Angels. In conjunction with the funding, Dr. Thomas Dyrberg, a managing partner of Novo Ventures, has been added to Galera’s board of directors.

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VC-backed Mirna Therapeutics debuts IPO

By Iris Dorbian — 4 months ago

Austin, Texas-based Mirna Therapeutics Inc, a biopharmaceutical company focused on developing cancer-treating drugs, has raised almost $44 million for its IPO after pricing its 6.25 million shares at $7 per share. The stock began trading Thursday on the NASDAQ under the ticker symbol “MIRN.” Citigroup and Leerink Partners are the lead underwriters. Mirna’s backers included Sofinnova Ventures, New Enterprise Associates, Pfizer Ventures, Osage University Partners and Correlation Ventures.

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Sun Basket meal kit delivery service consumes $4.5 mln

By Alastair Goldfisher — 5 months ago

San Francisco-based Sun Basket, a new entrant in the bustling meal kit delivery service sector that includes many well-funded competitors, announced it has raised $4.5 million in its first institutional round of funding. PivotNorth Capital and Baseline Ventures coled the round, which also includes Vulcan Capital, Roth Capital, The Florence Group, Rembrandt Ventures, Correlation Ventures, Relevance Capital, Lucas Venture Group and others, including a number of individual investors.

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Source3 nets $4 mln

By Iris Dorbian — 5 months ago

New York City-based Source3, a platform for licensing and distributing 3D content, has secured $4 million in funding. The investors included Contour Venture Partners, Western Technology Investments, Correlation Ventures, Crosslink Capital, 645 Ventures and Autodesk Inc.

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Crossbar picks up $35 mln Series D

By Iris Dorbian — 5 months ago

Santa Clara, California-based Crossbar Inc, a provider of RRAM technology, has closed $35 million in Series D funding. Tyche Partners led the round with participation from other investors that included Artiman Ventures, CBC-Capital, Cheerful Link Ventures, Correlation Ventures, Kleiner Perkins Caufield & Byers, Korea Investment Partners, Northern Light Venture Capital, Oriza Holdings, SAIF Partners, Tao Invest and the University of Michigan. In addition to the funding, Weijie Yun, a founder and managing partner of Tyche Partners, has been added to Crossbar’s board of directors.

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Gynesonics pulls in $43 mln

By Iris Dorbian — 7 months ago

Redwood City, California-based Gynesonics, a women’s healthcare company focused on developing solutions for treating uterine fibroids, has secured $43 million in funding. Endeavour Vision and Abingworth led the round with participation from HealthCrest, InterWest Partners, Advanced Technology Ventures, HBM Partners, Correlation Ventures and Hercules Technology Growth Capital.

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Distil picks up $21 mln in BVP-led round

By Iris Dorbian — 7 months ago

Distil Networks, a provider of bot detection and mitigation solutions, has raised $21 million in Series B funding. Bessemer Venture Partners led the round with participation from Foundry, TechStars, ff Venture Capital, Idea Fund and Correlation Ventures. In addition to the funding, David Cowan, partner at BVP and co-founder of VeriSign, Good Technology and Defense.net, has been added to Distil’s board of directors.

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Ankasa grabs $8.5 mln in first tranche of $17 mln Series A

By Iris Dorbian — 8 months ago

Biopharmaceutical company Ankasa Regenerative Therapeutics, which focuses on stem cell reactivation, has secured $8.5 million in the first tranche of a $17 million Series A funding round. Avalon Ventures was the lead investor. Heraeus Medical and Correlation Ventures are among the other backers that participated in the round.

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Dropoff scores $7 mln Series A

By Iris Dorbian — 8 months ago

On-demand same-day delivery logistics provider Dropoff has raised $7 million in Series A funding. Greycroft Partners led the round with participation from other investors that included Correlation Ventures, Texas Atlantic Capital and Wild Basin Investments.

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LEGO subscription service Pley attracts $10 mln

By Iris Dorbian — 1 year ago

LEGO subscription service Pley has raised $10 million in Series B funding. Sozo Ventures led the round with participation from previous backers Floodgate, Correlation Ventures, Maven Ventures and Allegro Venture Partners. Concurrent with the funding, Phil Wickham, managing director at Sozo Ventures, has been added to Pley¹s board of directors.

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