Splice Machine fetches $9 mln

By Iris Dorbian — 3 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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VC-backed InVisage names Oscar-winning cinematographer to advisory board

By Iris Dorbian — 3 months ago

Menlo Park, Calif.-based camera platform InVisage Technologies has appointed cinematographer Emmanuel Lubezki to its advisory board. Lubezki has won two Oscars in cinematography for his work on the films “Gravity” and “Birdman: Or (The Unexpected Virtue of Ignorance).” InVisage is backed by GGV Capital, Nokia Growth Partners, RockPort Capital, InterWest Partners, Intel Capital, Oceanwide and OnPoint Technologies.

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Cabot Microelectronics Corp to acquire VC-backed NexPlanar Corp

By Iris Dorbian — 5 months ago

Cabot Microelectronics Corp has agreed to buy NexPlanar Corp for about $142 million. The deal is expected to close within 30 to 45 days. Based in Hillsboro, Oregon, NexPlanar is a maker of advanced CMP pad solutions for the semiconductor sector. NextPlanar’s backers included BlueRun Ventures, Intel Capital, SmartForest Ventures, Finaventures and Interwest Partners.

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FTV Capital leads $42 mln round for NewsCred

By Iris Dorbian — 5 months ago

Content marketing software company NewsCred has secured $42 million in funding. FTV Capital led the round with participation from previous backers FirstMark Capital, InterWest Partners and Mayfield Fund. In addition to the funding, Liron Gitig, a partner at FTV Capital, has been added to NewsCred’s board of directors.

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VC-backed Invuity appoints Mackaness as CFO

By Iris Dorbian — 6 months ago

San Francisco-based Invuity Inc, a developer of advanced photonics devices, has named James H. Mackaness as chief financial officer. The appointment becomes effective August 24. Previously, Mackaness worked at IRIDEX Corp where he served as CFO and COO. Invuity’s backers include Wellington Management LLP, HealthCare Royalty Partners, Valence Life Sciences, InterWest Partners and Kleiner Perkins Caufield & Byers.

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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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InsideSales.com to acquire VC-backed C9

By Iris Dorbian — 9 months ago

InsideSales.com is planning on buying San Mateo, California-based C9 Inc, a provider of predictive analytics. No financial terms were disclosed. C9’s backers include Mayfield Fund, InterWest Partners and Leapfrog Ventures.

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VC-backed Glaukos Corp files for IPO

By Iris Dorbian — 9 months ago

Laguna Hills, California-based Glaukos Corporation, a developer of treatments for glaucoma, has filed for an IPO. The number of shares that will be sold as well as the IPO’s pricing terms have yet to be set. The company plans on trading the stock on the NYSE under the ticker symbol “GKOS.” J.P. Morgan, BofA Merrill Lynch and Goldman, Sachs & Co are serving as the lead underwriters. Glaukos’ backers include OrbiMed Advisors, Frazier Healthcare Ventures, InterWest Partners, Domain Associates, Fjord Ventures, Montreaux Equity Partners and Versant Ventures

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VC-backed Cidara Therapeutics rolls out IPO

By Iris Dorbian — 10 months ago

San Diego-based biotech company Cidara Therapeutics has raised $76.8 million for its IPO after pricing its 4.8 million shares at $16 per share. The stock begins trading Wednesday on the NASDAQ under the ticker symbol “CDTX.” Jefferies LLC and Leerink Partners are the lead underwriters. Cidara’s backers include 5AM Ventures, Aisling Capital, Frazier Healthcare and InterWest Partners.

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VC-backed Carbylan Therapeutics rolls out IPO

By Iris Dorbian — 10 months ago

Palo Alto, California-based Carbylan Therapeutics, a pharmaceutical company focused on developing treatments that “address significant unmet clinical needs,” has raised $65 million in its IPO after pricing its 13 million shares at $5 per share. The stock began trading Thursday on the NASDAQ under the ticker symbol “CBYL.” Leerink Partners LLC is serving as lead underwriter. The company’s backers included InterWest Partners, Alta Partners and Vivo Ventures.

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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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Pivot3 raises $45 mln

By Luisa Beltran — 12 months ago

Pivot3 said Tuesday that it closed a $45 million equity and bank financing round. Argonaut Private Equity, a new investor in Pivot3, joined S3 Ventures, InterWest Partners, Mesirow Financial Private Equity and the Wilson Sonsini Goodrich & Rosati investment fund in providing additional equity. Austin-based Pivot3 develops hyper-converged infrastructure solutions.

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Invuity pulls in $20 million in Wellington-led round

By Iris Dorbian — 12 months ago

San Francisco-based Invuity Inc, a surgical photonics company, has closed $20 million in funding. Wellington Management LLP led the round with participation from other investors that included HealthCare Royalty Partners, Valence Life Sciences, InterWest Partners and Kleiner Perkins Caufield & Byers.

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Obalon Therapeutics nabs $30 mln

By Iris Dorbian — 1 year ago

San Diego-based Obalon Therapeutics, a developer of gastric balloon technology for weight loss therapy, has received $20 million in Series D funding and a $10 million loan from Square 1 Bank. The Series D investors included Axon Ventures, Mirae Asset Venture Investment, Striker Asia Opportunities Fund, Domain Associates, InterWest Partners and Okapi Venture Capital.

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