- A new startup called Localize wants to help companies outsource their international efforts. Specifically, Localize helps translate apps and websites into other languages, and it just raised $1.1 million to accomplish that mission. Localize’s investors include FG Angels Kima, zPark, and Matchstick Ventures, and the money it raised will be used to grow Localize’s five-person team and scale its platform.
- ClientSuccess today announced it has raised an additional $2 million in seed capital with existing investors Techstars Ventures and Peak Ventures leading the round, and follow-on investments from Josh James (Founder/CEO, Domo & Omniture), Scott Dorsey (former ExactTarget Co-Founder/CEO) and others. ClientSuccess is helping SaaS companies build a culture of customer success. ClientSuccess delivers both best practice methodology and analytics to help B2B SaaS companies maximize the lifetime value of their customers.
- Two Bit Circus, an experiential entertainment company, today announced that it has closed $6.5 million in Series A funding to accelerate building the future of fun. The investment was led by Techstars Ventures and Foundry Group with additional investment from Intel Capital. This is the first time the three-year-old company has raised capital. The new funding will be used to expand STEAM Carnival into a national brand; develop original content for VR, mobile and web; and ramp up its business renting high-tech entertainment to conferences and events.
- Tokyo-based Open8, a Japanese startup behind a women-targeted video ad network for smartphone users called Videotap, announced that it has fundraised about 800 million yen (about $6.6 million) from Jafco, TBS Innovation Partners, iStyle and Excite Japan. The exact details of the funding were not disclosed but the company wants to use the latest funds to strengthen human resources.
- NGDATA, a customer experience management solutions company, today announced that it has closed a $10.2 million Series B round of venture funding led by Idinvest Partners with participation from existing investors including Pamica (investment company of Michel Akkermans), Capricorn Venture Partners, Nausicaa Ventures, SmartFin Capital and angel investors. The capital will be used to scale its business growth, and to continue to advance the development of the company’s customer experience management solution, Lily Enterprise.
- Pendo, a data-driven platform to help companies deliver great products, today announced it has raised $11 million in Series A financing led by Battery Ventures, with participation from Salesforce Ventures and existing seed investors Contour Venture Partners, Core Capital Partners and IDEAFund Partners. As part of the financing, Battery General Partner Neeraj Agrawal will join Pendo’s board.
- Versant Ventures, a global healthcare investment firm, announced another commitment to Canadian innovation with its investment in Turnstone Biologics, a biotechnology company focused on developing treatments for cancer. Turnstone marks the firm’s fifth investment in Canada over the last 2.5 years. Turnstone’s platform and intellectual property are based on discoveries from leading researchers in the oncolytic viral immunotherapy field including John Bell, Ph.D., Brian Lichty, Ph.D., and David Stojdl, Ph.D. Four Canadian academic institutes, together with the Fight Against Cancer Innovation Trust (FACIT), have advanced Turnstone’s lead immunotherapy product into a Phase I/II clinical development study in advanced cancer patients.
- Network security company Cato Networks put boot to pavement and raised a solid $20 million, they announced on Tuesday. The round was led by Steven Krausz, general partner at U.S. Venture Partners (USVP), and Theresia Gouw, founder of Aspect Ventures. Cato has put out an open call for beta customers to test the solution. They hope it will reach the market in the first half of 2016.
- Personal Genome Diagnostics, Inc., a Baltimore-based provider of advanced cancer genome testing products and services, raised $21.4 million in a Series A funding. The round was led by New Enterprise Associates (NEA) with participation from Windham Venture Partners and Nanjing Kaiyuan Growth Capital Investments. In conjunction with the financing, NEA Partner Justin Klein, MD, JD, will join PGDx’s board of directors, alongside PGDx co-founders Luis A. Diaz and Victor Velculescu. Felix Dawson and Adam Fine of Windham Venture Partners will join the board as observers. The company intends to use the funds to expand operationd and adoption of its services.
- Paddle8, a secondary marketplace for art and luxury collectibles, today announced $34 million in Series C funding, bringing the company’s total fundraising to $44M. New investors represented an array of notable figures from the worlds of technology, art and luxury, including newest Paddle8 board member David Zwirner, one of the most influential international art dealers; German collector and investor Rolf Sachs; Eric Fellner, co-chairman of Working Title Films; and Edgar Berger, Chairman and CEO International of Sony Music Entertainment.
- Iconiq Capital, known for advising the Facebook co-founder Mark Zuckerberg, has helped lead an investment in Alteryx, the start-up said Wednesday. Alteryx, which makes software for businesses to analyze information from billions of records coming from many spreadsheets and databases, raised $85 million in the round. Two other investors, Insight Venture Partners and Meritech Capital Partners, also participated. The funding — the third round for Alteryx — yields a valuation approaching $1 billion, a person briefed on the terms said.
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