Luisa Beltran
Surf Air said Tuesday it raised a B round of funding led by Velos Partners and Base Ventures. Santa Monica, Calif.-based Surf Air provides a private air travel membership.
Ardent Capital said Monday it closed its first round of external funding from Siemer Ventures, Recruit Strategic Partners and GMO Venture Partners. Ardent's management team, along with several Southeast Asian entrepreneurs also invested. financial terms weren't announced. Hong Kong-based Ardent is a holding company that invests in, and helps create, technology companies located in Southeast Asia.
Linea said Friday it raised a $4 million venture capital round. Linea is a mobile photo browsing app.
WGL Holdings, through its subsidiary Capitol Energy Ventures Corp., is investing in Constitution Pipeline Co. CEV will invested an estimated $68 million and hold 10% in the pipeline venture. Other investors in the project include Williams Partners L.P., Cabot Oil and Gas Corp. as well as Piedmont Natural Gas. Constitution Pipeline will transport natural gas from the Marcellus region in northern Pennsylvania to major northeastern markets.
Promotora has sold its stake in Easy Solutions to Medina Capital Partners. Financial terms weren't announced. Sunrise, Fla.-based Easy Solutions is a security vendor.
Mercator MedSystems closed a $6.5 million Series B financing co-led by New York-based Volcano Capital and two San Francisco-based firms, Crocker Capital and Aphelion Capital. Washington D.C.-based Windy City Inc. and SET Technology Gmbh, a German-based investment fund, are also participating in the financing.
Visier said Thursday that it has raised $15 million in Series B financing led by Summit Partners. Existing investor Foundation Capital also participated. Visier, with headquarters in Vancouver, B.C. and San Francisco, Calif., provides workforce analytics through the cloud to HR professionals.
SOLOMO Technology said Wednesday it completed a Series A first close worth $1.7 million. The round was co-led by Venture Management, and Don Layden, and included participation by Wisconsin Investment Partners. SOLOMO said the equity investment leveraged additional funding from the Wisconsin Economic Development Corp.
TuneIn said Wednesday raised a $25 million round of funding led by Institutional Venture Partners. Existing investors Sequoia Capital, Google Ventures and General Catalyst Partners also participated. Palo Alto, Calif.-based TuneIn is an Internet radio service.
Ophthotech Corp. has raised $175 million in financing. This includes $125 million from Novo A/S, in exchange for royalties on Fovista sales. The remaining $50 million is in the form of a Series C preferred stock financing from Novo A/S and current venture investors in Ophthotech. New York-based Ophthotech is a biopharmaceutical company.