US-based cybersecurity startup Shape Security pockets $40M in venture funding

Mountain View, California-based cybersecurity startup Shape Security pocketed $40 million in a venture funding round led by Norwest Ventures and Sierra Ventures to beef up its product offerings and its sales team.

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San Francisco HR platform Zenefits raises $15M in funding

San Francisco, US-based insurance broker Zenefits raised $15 million in funding to improve the development, sales, and marketing of its product that makes administrative tasks easier.

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Cambridge fat-burning drug maker Zafgen nabs USD45 million in Series E funding

Cambridge-based anti-obesity drug developer Zafgen Inc bagged another USD45 million in a Series E funding round today, bringing its total funding to date to USD114 million.

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Venture capital firm Venrock welcomes new partner

Venrock promoted general counsel David Stepp to partner.

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Zenefits gets US $2.1 mln seed capital

California-based startup company Zenefits has secured US $2.1 million seed capital from a round led by Maverick Capital and Venrock.

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