Iris Dorbian
Everspin Technologies said Monday that it has raised $15 million in Series B financing. Investors included New Venture Partners, Sigma Partners, Lux Capital, Draper Fisher Jurvetson and Epic Ventures. Based in Chandler, Arizona, Everspin is a semiconductor company that develops magnetic RAM.
Tegile Systems said Monday that it has raised $35 million in Series C funding. The lead investor was Meritech Capital Partners. August Capital, Western Digital and SanDisk also participated in the round. Also, Paul Madera, managing director at Meritech, has joined Tegile's board of directors. Based in Palo Alto, Calif., Tegile Systems is a provider of virtual data storage services.
Dragon Innovation has raised $2.3 million in financing. The lead investors were Flybridge Capital Partners and Foundry Group. The Box Group, Lerer Ventures and Undercurrent Ventures also participated in the round. Based in Boston and China, Dragon Innovation is a manufacturing services firm.
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.