Lawrence Aragon
CareerFoundry, which offers online classes for technology workers looking to advance their careers, announced it has closed on $5 million in Series A funding. Investors in the Berlin-based company include Tengelmann Ventures, Bauer Venture Partners and IBB Beteiligungsgesellschaft.
Takipi, which makes software that helps developers debug code, announced it closed a $15 million Series B round led by Lightspeed Venture Partners with participation from Series A investor Menlo Ventures. The San Francisco-based company has raised a total of $22 million in venture funding to date.
Medical device maker NeuWave Medical Inc has been acquired by Johnson & Johnson subsidiary Ethicon, according to an announcment by HIG BioHealth Partners, an investor in NeuWave. Terms of the deal were not disclosed. NeuWave, based in Madison, Wisconsin, had previously raised $44.5 million over four rounds, CrunchBase reported. Most recently, NeuWave pulled in a $25 million Series C round in May 2015 led by Versant Ventures with participation from HIG, the State of Wisconsin Investment Board, and Venture Investors.
TapInfluence, an online platform that connects brands with digital media influencers, announced it has closed $14 million in venture capital financing led by Noro-Moseley Partners. Also participating in the round were existing investors Grotech Ventures and Access Venture Partners, new investor Knollwood Investment Advisory, accelerator MergeLane and angel investor Robin Ferracone.
Waltz Networks announced that it has raised $6.75 million in Series A funding from venture capital firm New Enterprise Associates to create self-managing computer networks. The San Francisco-based company also received a $1.4 million grant from the National Science Foundation, bringing total funding to $8.15 million.
Covalent Data Inc, which helps technology developers find licensing opportunities, announced it has completed a $1.2 million Series A-1 round, bringing its total funding to date to $4.8 million. The round was led by High Country Venture. Previously, the Denver-based company raised a $1 million seed round in July 2012 and $2.5 million in the first traunch of its Series A in November 2013 from High Country Venture and Techstars Ventures, according to CruchBase.
TargEDys, which develops drugs and other medical products to regulate appetite, announced it has raised 5.8 million euros ($6.53 million) in a Series A round from Seventure Partners, NCI and Pontifax. The Rouen, France-based company will use the financing to launch human clinical studies for its products.
General Atlantic announced it has invested $61 million in Flipp Corporation to fuel growth at the company, which enables consumers to use their smart phones to access digital circulars from more than 800 retailers. GA joins Insight Venture Partners as a minority shareholder in the company. As part of the investment, GA Vice President Zachary Kaplan has joined Flipp’s board of directors. Formerly known as Wishabi, Flipp was founded in 2007 by former Microsoft engineers and previously raised $1 million in seed funding from an unnamed investor in January 2006, according to CrunchBase.
GREE, which operates a social network that users interact with through games on their phones, announced the launch of a $12 million fund to support virtual reality startups. Besdies GREE, limited partners in the fund include Colopl VR Fund and mixi. The fund, called GVR Fund, is managed by San Francisco-based GREE VR Capital LLC. It has already invested in two VR-related companies: VRChat Inc and SPACES Inc. GVR Fund is interested in gaming and non-gaming software and content companies.
Entasis Therapeutics, an AstraZeneca spinout developing products to treat drug-resistant bacterial infections, announced it has completed a $50 million Series B financing led by Clarus. Other investors included AstraZeneca, Frazier Healthcare Partners, Eventide Funds and Novo A/S. Entasis, based in Waltham, Massacusetts, raised a $40 million Series A from AstraZeneca in March 2015.