VC Deals that Close 2016-06-23


Little Fun: Piper not to be confused with HBO’s Pied Piper has raised seed capital (see below)! Piper looks very interesting and we wish them luck!  Better luck than story of pied piper!

pied-piper-hed-2016

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

• InVision, a New York-based product design platform, has raised $55 million in new VC funding. Iconiq Capital led the round, and was joined by return backers Accel and FirstMark Capital. The company has now raised a total of $135 million in VC funding since its 2011 formation. www.invisionapp.com

• IFM Therapeutics, a Cambridge, Mass.-based developer of small molecules targeting the innate immune system, has raised $27 million in Series A funding.Atlas Venture and Abingworth co-led the round, and were joined by Novartis.www.ifmthera.com

• LightCyber, a provider of behavioral attack detection solutions, has raised $20 million in new VC funding. Access Industries led the round, and was joined by ClalTech and return backers Battery Ventures, Glilot Capital Partners and Amplify Partners. www.lightcyber.com

• Outreach, a Seattle-based sales automation platform, has raised $17.5 million in Series B funding. Trinity Ventures led the round, and was joined by Microsoft Ventures and return backers like Floodgate. Read more.

• Kespry, a Menlo Park, Calif.-based developer of automated drone systems for commercial use, has raised $16 million in Series B funding. DCM Ventures led the round, and was joined by Lightspeed Venture Partners, Spectrum 28, H. Barton Asset Management, Rothenberg Ventures and Wilson Sonsini. www.kespry.com

• The Muse, a New York-based career site, has raised $16 million in Series B funding. Icon Ventures led the round, and was joined by return backers Aspect Ventures, DBL Partners and QED Investors.

• Sevenhugs, a France-based creator of connected home products, has raised $14.6 million in Series A funding led by Xerys Gestion. www.seven-hugs.com

• Lystable, a London-based maker of freelancer management software, has raised $11 million in Series A funding. Valar Ventures and Goldcrest Capital co-led the round, and were joined by Spring Partners.

• Resson, a Canada-based bioinformatics and predictive analytics focused on the agriculture market, has raised US$11 million in Series B funding led by Monsanto Growth Ventures led the round, and was joined by Build Ventures, Rho Canada Ventures, New Brunswick Innovation Foundation, BDC Capital and East Valley Ventures. www.resson.com

• McMakler BmbH, a Berlin-based online real estate agent, has raised EUR 8.5 million in second-round funding led by Frog Capital. www.mcmakler.de

• GamEffective, a Charlotte, N.C.-based provider of workforce performance management software, has raised $7 million in new VC funding. Jerusalem Venture Partners led the round, and was joined by return backers like Verint, 2B Angels, Shaked Ventures, Lipman and CE Ventures. www.gameffective.com

• Armut.com, an online services marketplace in Turkey, has raised $3.2 million in Series A funding led by Addventure. www.armut.com

• Kwik, a Tel Aviv-based maker of smart buttons (i.e., rival to Amazon Dash), has raised $3 million in seed funding led by Norwest Venture Partners.

• Swoot, a stealthy startup from two co-founders of HipChat (acquired by Atlassian) ― Pete Hurley and Garret Heaton ― has raised $2.8 million in VC funding from firms like True Ventures, according to a regulatory filing.

• Piper, a San Francisco-based provider of a DIY computer kit for kids, has raised $2.1 million in seed funding. Backers include Princeton University, Reach Capital, 500 Startups, FoundersXFund and individual angels. www.playpiper.com

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

Happy Networking and Investing,

JD Morris

JD Morris

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Author: JD Morris

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