Funding

Snapchat

Kleiner to invest in messaging startup Snapchat at near-$10 billion valuation: report

Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter.

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OnBeep

OnBeep Raises New Funding Worth $6.25M

San Francisco-based startup OnBeep has announced a new Series A round of $6.25 million in new funding to build what it calls “beautiful wearable communication devices that unite groups and allow teams to collaborate more fluidly in real time”.

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WebLinc

WebLinc garners $6 M Series A funding from Safeguard Scientifics for digital ecommerce platform

E-commerce platform provider WebLinc announced on Tuesday that it raised $6 million in a Series A financing round from Safeguard Scientifics, Inc. The funding would reportedly go towards plans for the company's aggressive growth.

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Figure 1

Medical imagery app Figure 1 gets CA$ 4 million in Series A

Toronto-based startup Figure 1 raised CA$ 4 million in Series A from its investors including Rho Canada Ventures, Union Square Ventures, and Version One Ventures.

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Tydy

Tydy pockets $138,000 from angel investors

Tydy managed to raise $138,000 in angel funding from the online platform, LetsVenture. Participating in the round are investors, Hareesh Ramana, Nikhil Ramanlal, Bhupen Shah from Silicon Valley and others.

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InVision

InVision plans to use $21 million from Series B for expansion

InVision announced it received $21 million in Series B funding with existing investor Tiger Global Funding leading the round, joined by FirstMark Capital and other existing investors.

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VidMind

Russia's Trellas invests $30 million in VidMind

Israel-based VidMind has just received $30 million in financing from Trellas, one of Russia's largest independent retail groups, which has already invested over $30 million in Vidmind.

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Kiwi

Kiwi closes Series B with $15 million

Developer Kiwi secured another $15 million as it closed its Series B funding, with Northgate Capital leading the round along with other investors DFJ Venture and Sequioa Capital.

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Druva

Druva gets $25 million in Series D, plans expansion to Asia and Europe

Druva announced that it received $25 million in Series D funding, led by Sequioa Capital and participated by Nexus Venture Partners and Tenaya Capital.

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Memblaze

Memblaze to use $20 million from Series C to fund research and development of new generation flash memory products

Chinese news reports that Beijing based-Memblaze has completed Series C funding with $20 million. Investors include Bertelsmann Asia Investments, Israel's Infinity Group, ZTE Corporation's Ding Xing Fund, and Genertec Investment Managers Ltd.

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Retention Science

Retention Science's "retention marketing technology" gets $7 million in Series A

Retention Science managed to raise $7 million in Series A funding, backed by Upfront Ventures, and earlier investors including Baroda Ventures, Forerunner Ventures, Mohr Davidow Ventures as well as so-called angel investors. With the recent funding, the company reportedly plans to hire sales and marketing staff, as well as more data scientists who can demonstrate "retention marketing" beyond retail.

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Oraya Therapeutics

Oraya Therapeutics receives $215,000 grant to work with Dana-Farber Cancer Institute to study the potential use of nanomedicine in treating cancers

The US National Institutes of Health has awarded Oraya Therapeutics with a $215,000 Small Business Technology Transfer Grant to investigate gold nanoparticles development.

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Bitglass

Cloud solutions company Bitglass gets further $25 million in Series B from investors

Backed by Norwest Venture Partners, New Enterprise Associates (NEA), SingTel Innov8 of the SingTel Group, and an undisclosed global bank, Bitglass reportedly received additional $25 million in Series B funding. Norwest and NEA were also among its investors in the earlier round, where it got $10 million. The company plans to use the new investment to expand sales, marketing and technology development.

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Transatlantic Power Corporation

Transatomic Power Corporation banks $2 million from part of Founder's Fund

Cambridge, Massachusetts-based Transatomic Power Corporation has just received $2 million from FF Science, part of Founders Fund's $1 billion investment pool targeted at science and engineering-based companies.

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Juno Therapeutics

Cancer research startup Juno Therapeutics raises $300 million in less than a year

Seattle-based Juno Therapeutics announced it has closed Series B round of funding with $134 million. The new funding came from previous investors including ARCH Venture Partners, Alaska Permanent Fund, Bezos Expedition, the personal investment company of Amazon founder Jeff Bezos, and Venrock. Also participating in Series B are 10 other mutual funds and healthcare-related funds that wish to remain anonymous.

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