Deals that Closed – VC 9/15/2014


Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

  • Square, the San Francisco-based payments company led by Jack Dorsey, has raised $100 million in new funding at a valuation of nearly $6 billion, according to a Delaware filing obtained by VCExperts.com and shared with Fortune. Read more.
  • Inrix Inc., a Kirkland, Wash.-based provider of real-time traffic information technology, has sold a 10% equity stake for $55 million to Porsche Automobil Holding.The company previously raised around $78 million in VC funding from August Capital, Bain Capital Ventures, Kleiner Perkins and Venrock. www.inrix.com
  • Palantir, the secretive big data company known for its relationships with the CIA and NSA, has raised more than $50 million in new venture capital funding, according to an SEC filing. This brings the round total up to $444 million, as the Palo Alto, Calif.-based company appears to have held multiples closes since late last year.Read more.
  • Kateeva, a Menlo Park, Calif.-based maker of production equipment for OLED displays, has raised $38 million in Series D funding. Samsung Venture Investment Corp.led the round, and was joined by return backers Sigma Partners, Spark Capital, Madrone Capital Partners, DBL Investors, New Science Ventures and VEECO Instruments Inc. (Nasdaq: VECO). www.kateeva.com
  • Scholar Rock, a Cambridge, Mass.-based biotech startup focused on “niche modulators that selectively target protein growth factors in the disease microenvironment,” has raised $20 million in Series A funding. ARCH Venture Partnersled the round, and was joined by EcoR1 Capital, The Kraft Group and return backers Polaris Partners and Timothy Springer. www.scholarrock.com
  • Kinnek, a New York-based marketplace for small businesses to find suppliers and manage purchasing, has raised $10 million in Series A funding. Matrix Partnersled the round, and was joined by seed backers Sierra Ventures, Version One Ventures, Naval Ravikant, CrunchFund, Richard Chen, TriplePoint Ventures and Benjamin Ling. www.kinnek.com
  • Cloudyn, a San Francisco–based provider of cloud monitoring and optimization solutions, has raised $4 million in new VC funding. Titanium Investmentsled the round, and was joined by return backer RSeed. www.cloudyn.com
  • Molecular Templates Inc., a Georgetown, Texas-based developer of biologic therapeutics, has raised $3.5 million in new Series C funding fromAJU IB Investment. The round total is now $12 million, following a 2013 first close fromExcel Venture Management and Santé Ventures. www.moleculartemplates.com
  • TrustedCompany.com, an online review site for ecommerce businesses in Southeast Asia and India, has raised $1 million in VC funding. Tengelmann Venturesled the round, and was joined by 500 Startups and existing shareholder Asia Venture Group. www.trustedcompany.com
  •  QuanTemplate, a London–based provider of cloud-based analytics software for the wholesale insurance market, has raised an undisclosed amount of seed funding from backers like Anthemis Groupwww.quantemplate.com

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

Happy Investing & Networking,

JD Morris

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