Iris Dorbian
We Heart It said on Thursday that it has secured $8 million in Series A funding. Investors included White Oak and IDG Ventures. The funding will be used for product development and personnel expansion. Based in San Francisco, Calif., We Heart It is an image-based social network.
RackWare said on Thursday that it has received $3 million in Series A funding. Kickstart Seed Fund and Osage Venture Partners led the round. Also, Gavin Christensen, managing director at Seed Fund and Nate Lentz, managing partner at Osage Venture Partners join RackWare’s board of directors. Based in Santa Clara, California and Wayne, Pennsylvania, RackWare is a provider of cloud solutions.
Echo Automotive said on Thursday that it has closed on $200,000 in financing from Emerald Private Equity Fund LLC. Headquartered in Scottsdale, Arizona, Echo Automotive is a provider of technology for fleet vehicles.
SanDisk Corp. said on Thursday that its venture arm SanDisk Ventures has invested in Panzura. No financial terms were disclosed. Based in Campbell, Calif., Panzura is a provider of cloud storage solutions.
Vormetric said on Wednesday that it has raised $15 million in new funding. The lead investor was Split Rock Partners. Existing investors JK&B Capital, Quicksilver Ventures and Sigma Partners also participated in the round. Based in San Jose, Calif., Vormetric is a provider of data-centric security solutions.
Skyonic Corp. has closed $128 million in Series C funding. New investors Cenovus Energy, BlueCap Partners, Toyo-Thai Corporation Public Company Limited and Energy Technology Ventures participated in the round. They were joined by existing investors Berg & Berg Enterprises, Northwater Capital Management, ConocoPhillips, BP Ventures, PVS Chemicals, and Zachry Corp. Based in Austin, Texas, Skyonic is a company that aims to turn carbon emissions into profitable chemical solutions.
My1login said on Wednesday that it has closed $1.6 million in its second round of seed funding. Investors included the Scottish Investment Bank, the investment division of Scottish Enterprise. Based in the UK, My1login is a provider of cloud solutions.
Ludei said on Wednesday that it has secured $1.5 million in funding from Spanish venture capital firms Kibo Ventures and Vitamina K. According to the company, the funding will be used for growth and expansion. Based in San Francisco, Calif., Ludei is a HTML5 platform provider.
Rapid Micro Biosystems said on Wednesday that it has closed $32.6 million in series B financing. The lead investors were Longitude Capital and TPG Biotech. Kleiner Perkins Caufield & Byers, TVM Capital and Quaker Partners also participated in the round. And, Dr. Mark Braganza, principal at TPG Biotech and Dr. David Hirsch, managing director at Longitude Capital, join Rapid Micro Biosystems' board of directors. Based in Bedford, Massachusetts, Rapid Micro Biosystems is a provider of quality control solutions in pharmaceutical manufacturing.
Metacloud said on Wednesday that it has received $10 million in Series A funding. The lead investor was Canaan Partners. Existing investors Storm Ventures and AME Cloud Ventures also participated in the round. Based in Pasadena, Calif., Metacloud is a provider of cloud solutions.