Reuters – Gigamon Shares Soar in Debut

Shares of Gigamon Inc, a maker of data traffic management software, jumped as much as 37 percent in their market debut, underscoring investor confidence in enterprise software start-ups, writes Reuters. The company, valued at about $680 million at the opening price, is backed by Highland Capital Partners.

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VMTurbo Raises Series C In Deal Led By Globespan

VMTurbo said it raised Series C funding in a deal led by Globespan Capital. VMTurbo’s funding now totals $25 million. The company had raised a $10 million of Series B in 2011 and at that point had $17.5 million in total funding, according to news reports at the time. This suggests the current round is $7.5 million. VMTurbo didn’t provide details. Existing investors include Bain Capital Ventures and Highland Capital Partners.

Rent the Runway Fashions a Series C Round Add On

Rent the Runway, which rents designer clothes, shoes and accessories to users, has raised $4.4 million in additional Series C funding from American Express and Novel TMT Ventures. The company previously raised $20 million in Series C funding from Advance Publications, parent company of Condé Nast, Bain Capital Ventures, Highland Capital Partners and Kleiner Perkins Caufield & Byers.

BAROnova Closes Series C

trong>BAROnova has closed its Series C financing of $27.3 million, led by investments from Sante Ventures and Boston Scientific Corporation, an innovator of medical devices and technologies. Investors included Series B investors ONSET Ventures, Highland Capital Partners and Arboretum Ventures, along with new investor Lumira Capital. Financial terms were not disclosed.

Infinio Inks $10m from Highland Capital and Bessemer Venture Partners

Infinio (formerly known as SilverLining Systems) has closed a $10 million Series A investment from Highland Capital Partners and Bessemer Venture Partners, bringing total funding to date to $12 million. The firms join earlier investors Lightspeed Venture Partners, Cambridge’s Founder Collective, the NYC Seed Fund, and a group of angel investors. As part of the financing, Highland’s Sean Dalton and Bessemer’s Felda Hardymon have joined the company’s board of directors.

Ed Park Joins Board of Healthcare Tech Company Kyruus

Boston-based healthcare tech company Kyruus has a new board member: Ed Park, the COO of Athenahealth. Park was an early investor in Kyrruus, which has raised roughly $20 million from investors including Highland Capital Partners and Venrock since 2011.

Aereo Closes Series B Led by IAC and Highland Capital Partners

Aereo has closed on a $38 million Series B round of financing, led by existing investors IAC and Highland Capital Partners. Previous investors from Aereo’s Series A funding round, including FirstMark Capital, First Round Capital, High Line Venture Partners, and select individuals, also participated.

Prescription Eyewear Acquires LensOn

Prescription Eyewear, parent company of myOptique.com, SunglassesShop.com and GlassesDirect.com, has added LensOn, a Nordic online contact lens seller, to its portfolio. The acquisition was financed by Prescription Eyewear’s existing venture capital investors Acton Capital Partners, Highland Capital Partners and Index Ventures. Additional funding was received from GP BullHound Sidecar, Silicon Valley Bank and Kreos Capital.

Qumulo Raises Series A Led by Highland

Qumulo, an enterprise data storage company, has raised $24.5 million in a Series A round of financing led by Highland Capital Partners, with participation from Madrona Venture Group and Valhalla Partners. The business was founded in March 2012 with seed funding from Valhalla Partners. As part of the investment, Peter Bell, general partner at Highland Capital Partners, joins the board of directors.

thredUP.com Secures Series C Led by Highland

thredUP.com, an online children’s clothing platform, has secured a $14.5 million Series C financing led by Highland Capital Partners. Existing investors Trinity Ventures and Redpoint Ventures also participated.

SingTel Acquires Pixable for $26.5M

Singapore Telecommunications (SingTel) is acquiring the smartphon app Pixable for $26.5 million. The three-year-old, New York-based company, whose technology allows users to share and prioritize photos that have been published to social networks, had raised $6.1 million from Highland Capital Partners and Menlo Ventures. PRESS RELEASE: Singapore Telecommunications Limited (SingTel) today announced that it has […]

Predilytics Raises $6m For Healthcare Analytics

Predilytics, a healthcare data analytics and services company, has raised $6 million in a Series A financing led by Flybridge Capital Partners and Highland Capital Partners with strategic investment from Google Ventures. As part of the round, Michael Greeley from Flybridge Capital Partners and Bob Higgins from Highland Capital Partners have joined the company’s board […]

Nebula Raises $25M From Comcast, Highland, KP, Innovation, Others

Nebula said it raised more than $25M of equity capital and debt financing. The company said its Series B round was led by Comcast Ventures and joined by Highland Capital Partners, Kleiner Perkins Caufield & Byers, Innovation Endeavors and individual investors Andy Bechtolsheim, David Cheriton, Ram Shriram, Harris Barton, William Hearst III, Scott McNealy and […]

Gaiss To Leave Highland Capital Partners

Michael Gaiss said that after 13 years with Highland Capital Partners he will leave the firm on Sept. 1. Gaiss serves as senior vice president at the firm running marketing, and portfolio and entrepreneurial development initiatives. He helped launch the Summer@Highland program for student entrepreneurs. Gaiss made his plans known in an e-mail. He said […]

Gigamon Appoints General Counsel

Gigamon, a provider of traffic visibility solutions, has appointed Paul Shinn as general counsel. Shinn will report to chief executive officer, Ted Ho. He will be responsible for the company’s global legal strategy and overall legal matters, including contract negotiations, strategic acquisitions, compliance, securities, and intellectual property matters. He joins Gigamon from Hewlett-Packard Company. Gigamon […]

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