VENTURE CAPITAL POST

Tysons Corner, US-based secure digital ID network ID.me scored $10 million in combined venture capital and debt funding to build its own online marketplace for its users.

After issuing a recall and full refund for the involved product, San Francisco, California-based fitness tracker maker FitBit is now facing a class-action lawsuit filed by a customer over the rash issue caused by the latest version of its Force fitness band.

Boston, US-based application programming interfaces (APIs) provider MachineShop Inc emerged from stealth mode and got $3 million as its first capital from a group of its customers to enable businesses to create their own middleware for Internet of Things.

Waltham, Massachusetts-based data security firm Verdasys landed $12 million in a new venture round for its market and product expansion as it named former McAfee executive Kenneth Levine as its new Chief Executive Officer (CEO).

Palo Alto, US-based late-stage investment firm Technology Crossover Ventures (TCV) raised $2.23 billion for its eighth growth equity fund from European and Asian private and public pension funds, financial institutions and other investors.

Facebook Secutiry Director Ryan McGeehan annouced that he is leaving in early April to take a security-related position at San Francisco, US-based Bitcoin startup Coinbase.

Portland, US-based startup PayRange was launched by former VendScreen chief Paresh Patel to offer a simpler way of making mobile payments using a device that can be easily installed in vending machines.

Oregon, US-based wedding planning site WedBrilliant wants to give brides-to-be a simpler way of finding wedding vendors by functioning as an online one-stop shop for them.

Sydney, Australia-based e-commerce startup Bigcommerce is expanding to the US with a new office in San Francisco and will go on a two-month hiring spree in search of 40 new engineers.

Investment management firm Blue Ocean invested $5 million in Fort Collins, Colorado-based dental firm St Renatus for the latter's drug application for its needle-free anesthetic.

New York, US-based data management platform Lotame acquired San Mateo, California-based mobile audience management startup AdMobius for an undisclosed amount to beef up its publishing and marketing services.

Cambridge, US-based venture capital firm Amplify Partners raised $49.1 million for its new fund to back early-stage firms in the storage, networking, and Internet hardware industries.

New York, US-based social media management startup Percolate landed $24 million in a Series B funding led by Sequoia Capital to help companies monitor conversations and create content on social media.

Raleigh, US-based wedding photo and video-sharing app WedPics scored $1.5 million in its Series A financing round led by IDEA Fund Partners to scale up its platform and beef up its workforce.

Boston, Massachusetts-based event management startup Attendware will be rebranding itself as Attend.com as it expands the scope of its solution to online management and analytics for business and university events.