Iris Dorbian
Specialty finance company CapX Partners has provided a $5 million lease line of credit to Caro Nut, a portfolio company of Candor AGS. The financing will be used by Caro Nut to buy equipment needed to build a new facility. Headquartered in Fresno, Calif., Caro Nut is a provider and distributor of limited source nuts to retailers.
Civitas Therapeutics said Wednesday that it has closed $38 million in Series B financing. Bay City Capital was the lead investor. New investor RA Capital joined existing investors Alkermes plc, Canaan Partners, Fountain Healthcare Partners, and Longitude Capital in the round. Concurrent with this funding, Rajeev Shah, partner at RA Capital and Dr. Rob Hopfner, partner at Bay City Capital, join Civitas’ board of directors. Headquartered in Chelsea, Mass., Civitas Therapeutics is a biopharmaceutical company that focuses on developing treatment for Parkinson's disease.
Calastone said that it has raised $18 million in funding. Accel Partners was the lead investor. Octopus Investments also participated in the round. Calastone is a transaction network for the global funds industry.
Wipit said Wednesday that it has received Series A funding from Core Innovation Capital. No financial terms were disclosed. Also, Arjan Schütte, managing partner at Core Innovation Capital, joins Wipit's board of directors. Wipit is a provider of mobile payment solutions.
ALung Technologies said Wednesday that it has raised $15.8 million in Series B-1 financing. Allos Ventures was the lead investor. West Capital Partners, Birchmere Ventures, BlueTree Capital Group, PLSG Accelerator Fund and Smithfield Trust Company participated in the round. Based in Pittsburgh, ALung Technologies is a maker of respiratory assist devices.
Virtustream said Tuesday that it has raised $40 million in Series D funding. SAP was the lead investor. Virtustream, which is backed by Intel Capital, Noro-Moseley Partners, TDFunds, Columbia Capital and Blue Lagoon Capital, is a provider of cloud solutions.
Paydiant said Tuesday that it has secured $15 million in funding. Investors included North Bridge Venture Partners, General Catalyst Partners and Stage 1 Ventures. According to Paydiant, the capital will be used for product development, sales and marketing. Based in Wellesley, Mass., Paydiant is a mobile payment and redemption platform.
Versium said Tuesday that it has raised $2.5 million in financing. Investors included TiE Angels Group Seattle. Based in Redmond, Wash., Versium is a provider of data technology and predictive analytics scoring.
Narrative Science said Tuesday that it has raised $11.5 million in Series C funding. New investors Jump Capital and SAP Ventures joined existing investors Battery Ventures and Northwestern University in the round. Based in Chicago, Narrative Science, which is also backed by In-Q-Tel, is a company that turns data into narratives.
LevelEleven said Tuesday that it has closed $2 million in funding. Investors included Detroit Venture Partners, Hyde Park Venture Partners and Salesforce.com. Mashburn Justice Capital Partners, a new fund launched by former NBA player Jamal Mashburn and current NFL player Winston Justice, also participated in the round. Based in Detroit, LevelEleven is a provider of enterprise gamification and CRM solutions.