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Cintrifuse announces investment in Techstars fund

Cintirfuse disclosed this week it has invested in the latest vehicle of Techstar Ventures, which announced last month it has raised $150 million for its third and largest fund to date. The investment in Techstars is the sixth fund that Cincinnati-based Cintirfuse has backed. The Cintrifuse Early Stage Capital Fund I, a $57 million fund of funds, focuses on regional and national early-stage venture capital and has previously announced investments in funds managed by Allos Ventures, Lerer Hippeau Ventures, Mercury Fund, Sigma Prime Ventures and Upfront Ventures.

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Sight Machine grabs $5 mln in Mercury Fund-led round

Sight Machine has secured $5 million in funding. Mercury Fund led the round with participation from other investors that included Michigan eLab, Huron River Ventures, Orfin Ventures, Funders Club, IA Ventures and O’Reilly AlphaTech Ventures. Based in San Francisco and Ann Arbor, Michigan, Sight Machine is a manufacturing analytics platform developer.

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Graylog attracts $2.5 mln

Graylog Inc has closed $2.5 million in a funding round led by the Mercury Fund. The other investors were Crosslink Capital, Draper Associates and High-Tech Gründerfonds. Also, Graylog has appointed Aziz Gilani, a partner at the Mercury Fund, to its board of directors. Based in Houston, Texas and Hamburg, Germany, Graylog is an open source log analysis platform provider.

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Mercury Fund closes Fund III on $105 mln

Mercury Fund has closed Mercury Fund III on $105 million with several new institutional investors for seed and early stage investments in the U.S. Southwest, Midwest and Rocky Mountain regions. The closing of Fund III brings the firm’s total capital to more than $200 million. Mercury’s investment partners include Blair Garrou, co-founder and managing director, Dan Watkins, co-founder and managing director, Ned Hill, Aziz Gilani, Danny Janiak and Adrian Fortino.

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Mercury Fund leads $1.4 mln Series A funding in Apto

Mercury Fund has led a $1.4 million Series A funding round in Apto, which provides cloud-based CRM and pipeline tracking software for the commercial real estate industry. Mercury Fund partner Ned Hill has joined Apto’s board of directors.

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KPCB leads Series C round for Ambiq Micro

Austin, Texas-based Ambiq Micro, which provides ultra-low power integrated circuits, has raised $15 million in Series C funding. KPCB led the round with participation from return backers that included Austin Ventures, Mercury Fund and ARM Holdings. In addition to the funding, KPCB partner Wen Hsieh has been added to Ambiq Micro’s board.

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Morningside Ventures leads a Series B round for DNAtrix

DNAtrix has closed $20 million in Series B financing. Morningside Ventures led the round with participation from previous backers that include Mercury Fund and Targeted Technology Fund. In addition to the funding, the company has added Reenie McCarthy of Morningside to its board of directors. Based in Houston and San Diego, DNAtrix is a a clinical-stage oncolytic immunotherapy firm.

TrendKite snags $3.2 mln Series A

TrendKite has closed $3.2 million in Series A funding. Mercury Fund and Silverton Partners led the round. Also, the firm has hired Erik Huddleston as its new CEO. Huddleston is the former executive vice president of product and CTO of Dachis Group. Based in Austin, Texas, TrendKite is a provider of marketing and media analytics.

Mercury Fund leads seed round for Filament Labs

Austin-based Filament Labs has closed $1 million in seed funding. Mercury Fund led the round with participation from other investors that included Corinthian Health Services and Arcadia Home Care. According to the firm, the capital infusion will be used grow their flagship product, Patient IO, a care plan delivery platform for health professionals.

Dónde closes $1 mln seed funding

Dónde has closed a $1 million investment, led by seed stage venture capital firm Mercury Fund. Other participants include Chicago Ventures, Full Stack and Vine Street Ventures.

Venture-Backed Wide Open Spaces Emerges From Stealth

Wide Open Spaces emerged from stealth mode and launched today. The venture-backed company, which raised $1.75 million in a previously unannounced seed round from Mercury Fund, RPM Ventures and Dundee Venture Capital last year, operates an online site called openseason to sell hunting and fishing items.

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