Investor Growth Capital Adds $300M – CORRECTED

4 years ago

Investor Growth Capital, formerly a business unit within Investor AB, announced Wednesday that it is now an independent venture firm with Investor AB as its sole limited partner. Additionally, Investor AB has added $300 million in new capital to the firm’s current fund, IGC Fund VI, bringing the size of the fund to more than $1.3 billion. The firm focuses on expansion-stage technology and healthcare companies in the United States and Greater China.

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Datran Media and ContextWeb Merge to Form PulsePoint

By PEHub Administrator — 4 years ago

New York companies Datran Media and Contextweb have merged to create Pulsepoint, a digital media company that targets marketers. Terms of the deal were not disclosed. Investors in the new company include leading venture capital firms Draper Fisher Jurvetson (DFJ), DFJ Gotham Ventures, DFJ New England, Investor Growth Capital, Updata Partners and VantagePoint Capital Partners. PRESS […]

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Visible Technologies Raises $4 Million More

By PEHub Administrator — 4 years ago

Bellevue, Wash.-based Visible Technologies, maker of social media monitoring and analytics software, has raised $4 million in funding from insiders, including Investor Growth Capital (ICF), Joe Grano, and Ignition Partners. The company, which says its sales were 71 percent higher in the first half of this year than the first half of last year, plans […]

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Rocket Lawyer Sees $18.5M From August, Google, IGC

5 years ago

Online legal services site Rocket Lawyer has wrapped up $18.5 million in financing led by August Capital. Google Ventures and Investor Growth Capital also joined in the round. Formed in 2008, Rocket Lawyer helps users create customized legal documents that can be downloaded and shared. With the site’s legal plan, users can have documents reviewed for free by local attorneys, as well as see discounted rates on legal services.

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Intuity Medical Seals $76M Series D

5 years ago

Intuity Medical Inc., a developer of glucose monitoring technologies for managing diabetes, has closed a second tranche of its Series D financing, bringing the round’s total to $76 million. Accuitive Medical Ventures joined as a new investor. The firm is also backed by Investor Growth Capital, Thomas McNerney and Partners, Venrock, Versant Ventures and U.S. Venture Partners. Intuity Medical is based in Sunnyvale, Calif.

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WhiteHat Security Inks $8M in VC

5 years ago

Investor Growth Capital is backing Web security company WhiteHat Security with $8 million in fresh capital, the company announced Tuesday. The money will help WhiteHat expand its presence globally and will help with growth efforts. Founded in 2001, WhiteHat is based in Santa Clara, Calif.

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Transcend Medical Sews Up $51M Series B

5 years ago

Transcend Medical Inc., a Menlo Park, Calif.-based ophthalmic device company, has closed a second tranche of its Series B round, bringing the total to an eye-popping $51 million. Investors include Investor Growth Capital, Canaan Partners, Finistere Ventures, HLM Venture Partners, Kaiser Permanente Ventures, Latterell Venture Partners, Morgenthaler Ventures, Split Rock Partners and Technology Partners. The company says it will use the funds to develop additional infrastructure and resources for a U.S. study of its micro-stent technology. The company is focused on minimally invasive glaucoma therapies.

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Skycross Seals $11M

5 years ago

Skycross Inc., a Viera, Fla.-based manufacturer of wireless antenna solutions, has raised $11 million in Series E financing from Docomo Capital, TL Ventures, Investor Growth Capital, Gabriel Venture Partners and Intel Capital. The company plans to raise a total of $15 million in the Series E round, and aims to close its second tranche by the end of June.

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Neuronetics Nets $30M Series E

By Jonathan Marino — 5 years ago

Neuronetics, the Pennsylvania-based maker of non-invasive, non-systemic treatments for depression, completed a $30 million Series E financing. New investors Polaris Venture Partners and Pfizer Venture Investments led the round and were joined by previous investors Investor Growth Capital, New Leaf Venture Partners, Interwest Partners, Three Arch Partners, Quaker BioVentures, and Onset Ventures.

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Visible Technologies Secures $6 Million

By Eamon — 5 years ago

Visible Technologies secured $6 million in financing. The Bellevue, Wash.-based provider of social intelligence solutions plans to use the capital to enhance sales and grow its international footprint. Existing investors: Investor Growth Capital (IGC), Centurion Holdings, Ignition Partners, In-Q-Tel and WPP participation in the round. Visible Technologies has secured a total of $45 million to date.

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Biotie Buys VC-Backed Synosia Therapeutics

5 years ago

Biotie, a Finland-based drug development company, has agreed to pay 93.6 million euros ($127 million) for Switzerland-based biotherapeutics company Synosia Therapeutics, providing an exit for a slew of venture investors. 5AM Ventures, Aravis SA, Investor Growth Capital, Novo A/S, Swiss Helvetia Fund, UCB S.A., Versant Venture Management and Abingworth Management had backed Synosia.

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ClairMail Gets $13.8 Million In Funding

By Eamon — 5 years ago

ClairMail Inc. secured $13.8 million in a late-stage round of funding. The San Rafael, Calif.-based mobile banking and payments solutions company said the investment was led by Investor Growth Capital (the venture capital arm of Stockholm-based Investor AB). Existing investors JAFCO Ventures, Northwest Venture Partners and Outlook Ventures participated in the financing. ClairMail plans to use the capital to grow its technology infrastructure and service capabilities.

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Healthline Networks Raises $14 Million

By PEHub Administrator — 6 years ago

Healthline Networks, a San Francisco-based provider of online health information services, has raised $14 million in third-round funding. Investor Growth Capital led the round, and was joined by return backers Peacock Equity Fund and Reed Elsevier Ventures.

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Tobii Technology Raises New Capital

By PEHub Administrator — 7 years ago

Tobii Technology AB, a Stockholm-based eye tracking technology company, has raised $21.5 million in venture backing from Amadeus Capital Partners, Northzone Ventures and existing backer Investor Growth Capital. Press release: Tobii Technology AB is rising a €16 million (MSEK 170) expansion capital from Amadeus Capital Partners, Northzone Ventures and existing investor, Investor Growth Capital. The […]

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Mpex Pharma Raising $40 Million

By PEHub Administrator — 7 years ago

Mpex Pharmaceuticals Inc., a San Diego-based drug developer focused on antibiotic resistance, has held a $27.5 million first close on its Series D round that is targeting a total of $40 million. Investor Growth Capital led the tranche, and was joined by return backers investors SV Life Sciences, HBM BioVentures, Aberdare Ventures and Adams Street Partners.

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