CutisPharma picks up funding from Ampersand

CutisPharma has raised an undisclosed amount of equity funding from Ampersand Capital Partners. Silicon Valley Bank provided a senior credit facility to CutisPharma as part of the transaction. In addition to the financing, Ampersand’s Eric Lev and David Parker have been added to CutisPharma’s board of directors. Based in Wilmington, Mass., CutisPharma is a specialty pharmaceutical firm focused on developing value-added kits for the compounding pharmacy sector.


Khosla Ventures leads $22 mln round for Scribd

Subscription book service Scribd has received $22 million in funding. Khosla Ventures led the round with participation from other investors such as Redpoint Ventures, Charles River Ventures and Silicon Valley Bank. In addition to the financing, Keith Rabois has been added to Scribd’s board as an observer.


Hired attracts $15 mln Series B

Job marketplace Hired has closed $15 million in Series B funding. The investors were Silicon Valley Bank, Comcast Ventures, Lumia Capital, Crosslink Capital, Sierra Ventures, SoftTech and SherpaVentures. According to the firm, the capital will be used for growth and expansion.


Kaminario pulls in $53 mln

Kaminario has received $53 million funding. The investors included Sequoia Capital, Pitango, Globespan, Tenaya, Mitsui, Silicon Valley Bank and Lazarus Hedge Fund. Based in Boston, Kaminario is an all-flash array storage provider.

Mobile ad tech firm Fiksu snags $10 mln

Boston-based mobile marketing products provider Fiksu has received $10 million in funding from Silicon Valley Bank. According to the company, the capital will be used for global expansion and product development.


EverTrue scores $8 mln Series B

Boston-based EverTrue, a social donor management platform, has closed $8 million in Series B funding. Bain Capital Ventures led the round with participation from Silicon Valley Bank.


Insightpool nabs $4 mln Series A

Atlanta-based audience cultivation and conversion platform Insightpool has received $4 million in Series A funding. TDF Ventures and Silicon Valley Bank led the round. In addition to the funding, the company has hired Tom Deluca as president of media and consumer markets.


Silicon Valley Bank backs Zyga

Zyga Technology has closed $10 million in funding. The investors included Silicon Valley Bank. Based in Minnetonka, Minnesota, Zyga is a provider of minimally invasive solutions for the spine.


Hootsuite picks up $60 mln

Vancouver-based social relationship platform Hootsuite said Thursday that it has secured $60 million in funding. An unnamed Boston-based asset manager led the round with participation from Accel Partners, Insight Venture Partners, OMERS Ventures and Silicon Valley Bank.


FieldAware raises $24 mln

FieldAware said Wednesday it raised a $24 million funding round. Summit Bridge Capital led the round with support from Silicon Valley Bank, while existing investors OpenView Venture Partners, Atlantic Bridge Partners and Oyster Capital Partners also participated. FieldAware, based in Plano, Texas and Dublin, provides cloud-based field service automation SaaS solutions.


IVP leads $50 mln funding of xAd

Institutional Venture Partners has led a $50 million equity and debt funding round for xAd, which helps target mobile advertising using location data. Existing investors Emergence Capital Partners, Softbank Capital and Silicon Valley Bank also participated in the round. The New York-based company had previously raised about $22 million in funding, according to data from Thomson Reuters (publisher of peHUB). As part of the latest funding round, Dennis Phelps, a general partner at IVP, has joined the board.


D2L racks up $85 mln Series B

D2L, a Canadian educational tech company, has raised $85 million in Series B funding. The investors included Columbus Nova Technology Partners, Graham Holdings, Four Rivers Group, Aurion Capital, New Enterprise Associates, OMERS Ventures and Silicon Valley Bank.


D2L raises $85 mln in Series B funding from VC group

Educational technology company D2L Inc. has closed an $85 million Series B funding round led by a large institutional investor. Other investors participating in the funding round include Columbus Nova Technology Partners, Graham Holdings, Four Rivers Group, Aurion Capital and existing investors New Enterprise Associates and OMERS Ventures. Silicon Valley Bank provided debt financing. D2L has raised a total of $165 million.

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