Home Authors Posts by Iris Dorbian

Iris Dorbian

GetTaxi said today that it has raised $12 million in Series C funding. Kreos Capital led the round, with participation from existing investors. GetTaxi, which also announced its expansion into the New York City market, is a consumer taxi app based in Israel, Russia and the UK.
Highwinds said Thursday that it has received $205 million in debt financing from Cerberus Business Finance and Goldman Sachs BDC, a fund managed by Goldman Sachs Asset Management. General Catalyst Partners, an existing equity sponsor, also participated in the funding. According to Highwinds, the capital was used to recapitalize the business. Based in Winter Park, Florida, Highwinds is a content delivery network provider.
SetPoint Medical said Thursday that it has raised $27 million in financing. New investors Covidien Ventures, Action Potential Venture Capital Limited, GlaxoSmithKline and Boston Scientific participated in the round as did current investors, which include Morgenthaler Ventures, Foundation Medical Partners and Topspin Partners. Headquartered in Valencia, Calif., SetPoint Medical is a biomedical technology company that develops neuromodulation therapies for inflammatory diseases.
SOASTA said Thursday that it has raised $30 million in funding. New investors Macquarie Capital and ROTH Capital participated in the round as did existing investors Canaan Partners, Formative Ventures and Pelion Venture Partners. The capital will be used primarily for global expansion. Headquartered in Mountain View, Calif., SOASTA is a provider of cloud and mobile testing solutions.
Active International has received a $35 million senior term loan from Crystal Financial, an independent commercial finance company. Based in New York, Active International is a leading corporate trade company.
Apexigen said Wednesday that it has closed $20 million in Series A1 financing. The lead investor was Amkey Ventures. WSR Capital, China Development Industrial Bank, Themes Investment Partners and Sycamore Ventures also participated in the round. Also, Dr. George J. Lee, a general partner at Amkey Ventures, joins Apexigen’s board of directors. Based in Burlingame, Calif., Apexigen is a biopharmaceutical company that develops treatments for serious diseases.
DigitalOcean has closed $3.2 million in funding. IA Ventures was the lead investor, with CrunchFund and TechStars also participating in the round. Headquartered in New York City, DigitalOcean is a provider of cloud hosting solutions.
LendKey said Wednesday that it has secured $12.5 million in Series B funding. The lead investors were Updata Partners and TTV Capital. Existing investors Draper Fisher Jurvetson and Gotham Ventures also participated in the round. Based in New York City and Cincinnati, LendKey is a provider of cloud-based lending solutions.
VividCortex said Wednesday that it has raised over $2 million in seed funding, according to a blog post on the company's website. Investors included Jaffray Woodriff, Battery Ventures and CIT. The capital will be used for personnel hiring and to invest in infrastructure. Based in Charlottesville, VA, VividCortex is a provider of technical intelligence solutions. To learn more about the funding, click here.
DrillMap said Wednesday that it has raised $6.5 million in Series A funding. The lead investor was RockPort Capital. Ridgewood Capital and ConocoPhillips also participated in the round. Headquartered in Austin, TX, drillMap is a platform for the energy industry.
vcj
vcj

Copyright PEI Media

Not for publication, email or dissemination