Iris Dorbian
Indianapolis-based Costello, a deal management platform provider, has raised $1 million in funding. Dundee Venture Capital led the round with participation from Elevate Ventures, M25 Group and Service Provider Capital.
Flagship Pioneering has set a $500 million target for its sixth fund, according to an SEC filing. The Cambridge, Massachusetts-based venture firm invests in the biotech, healthcare and software sectors.
New Zealand-based AskNicely, a customer feedback platform, has secured NZ$6.7 million in funding. Blackbird Ventures led the round.
Online lender SoFi has named Executive Chairman Tom Hutton as interim CEO. His appointment became effective immediately after SoFi board of directors accepted company co-founder and CEO Mike Hagney's resignation following the disclosure earlier this week of sexual harassment allegations levelled against him. The managing director of XL Innovate, Hutton was appointed to the SoFi board in June 2012. SoFi's backers include SoftBank and Silver Lake Partners.
Costanoa Ventures has closed its third fund at $175 million. The Palo Alto, California-based venture firm focuses on early-stage tech startups.
CashShield, an online fraud management company, has secured $5.5 million in Series A funding. GGV Capital led the round with participation from other investors that included Heliconia Capital Management and Stream Global. In addition to the funding, Jenny Lee, managing partner of GGV Capital, will join CashShield's board of directors.
New York City-based Call9, an emergency medicine provider, has secured $24 million in Series B funding. Redmile led the round with participation from other investors that included Index Ventures, Refactor, Y Combinator and Western Technology Investment.
New York City-based Clinch, a video ad personalization firm, has closed $3 million in Series A financing. The investors included Richard Gati, head of BXR Partners' Singapore office. In addition to the funding, Clinch has named Boaz Cohen as chief product officer and head of business development.
San Francisco-based Augment, an artificial intelligence startup, has raised $5 million in Series A funding. The investors were Silicon Valley Data Capital and JAZZ Venture Partners.
San Francisco-based Carrot Fertility, which offers egg freezing and in-vitro fertilization as a workplace benefit, has secured $36 million in seed funding. SoftTech Ventures led the round with participation from other investors that included Maven Ventures, Precursor Ventures, Sound Ventures, Sherpa Ventures, Core VC, Founders Fund and Y Combinator.