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Preview: Venture Capital

PR Newswire: Venture Capital

Press Releases from PR Newswire about Venture Capital

Published: Fri, 28 Jul 2017 14:47:25 EDT

Last Build Date: Thu, 27 Jul 2017 20:38:00 EDT


ExecOnline Secures $16 Million Series B Investment

Thu, 27 Jul 2017 20:38:00 EDT

(image) NEW YORK, July 27, 2017 /PRNewswire/ -- ExecOnline announced today that it secured a $16 million Series B investment round. The round was led by NewSpring Growth Capital, NewSpring Capital's dedicated growth and expansion stage fund. Existing investors Osage Venture Partners, New Atlantic...

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FanAI Closes a Venture Round led by Courtside Ventures

Thu, 27 Jul 2017 15:41:00 EDT

(image) SANTA MONICA, Calif., July 27, 2017 /PRNewswire/ -- FanAI Inc., an AI-driven audience monetization platform starting with esports, announced today the successful closing of their Series Seed. The round was led by Deepen Parikh of Courtside Ventures and included Greycroft GC Tracker Fund,...

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Entrepreneurs Redefine FinTech with AI, Blockchain and More

Thu, 27 Jul 2017 11:37:00 EDT

(image) LITTLE ROCK, Ark., July 27, 2017 /PRNewswire/ -- Two international and eight U.S. teams completed the VC FinTech Accelerator Empowered by FIS yesterday and presented their solutions to more than 350 investors, including banking and financial services executives from across the U.S., at VC...

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LBC Credit Partners Provides Senior Secured Credit Facilities to Support MPE Partners' Investment in DreamLine

Thu, 27 Jul 2017 09:30:00 EDT

(image) PHILADELPHIA, July 27, 2017 /PRNewswire/ -- LBC Credit Partners ("LBC"), a leading provider of financing solutions to middle market companies, provided senior secured credit facilities to support MPE Partners' ("MPE" or "Morgenthaler Private Equity") investment in Bath Authority, LLC...

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MultiMechanics Raises $1.9M in Seed Funding Round

Thu, 27 Jul 2017 08:15:00 EDT

(image) OMAHA, Neb., July 27, 2017 /PRNewswire/ -- MultiMechanics, the leading developer of virtual testing software designed to help companies reduce physical prototyping and testing, today announced it raised $1.9 million in new financing, with investments from Solvay Ventures, Anzu Partners,...

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Pharmabox Opens 2nd Round of Financing

Thu, 27 Jul 2017 08:10:00 EDT

(image) MIAMI, July 27, 2017 /PRNewswire/ -- Pharmabox, Inc., (, developers of the world's first automated pharmacy, announced the opening of a second round of financing. Pharmabox provides a safe, simple, and effective way to obtain high demand pharmaceutical OTC products...

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Rebagg Closes $15.5 Million In Series B Financing Led By Novator And General Catalyst

Wed, 26 Jul 2017 11:00:00 EDT

(image) NEW YORK, July 26, 2017 /PRNewswire/ -- Rebagg, a resale service for pre-owned luxury goods, today announced the close of a $15.5 million Series B funding round led by Novator and General Catalyst, with participation from FJ Labs (the holding company of Fabrice Grinda and Jose Marin),...

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IonQ Raises $20M Series B Round Led By NEA, GV To Advance Quantum Computing For Commercial Applications

Wed, 26 Jul 2017 09:11:00 EDT

COLLEGE PARK, Md., July 26, 2017 /PRNewswire/ -- IonQ, an early-stage company developing quantum computing for commercial applications, today announced completion of a $20 million series B round led by New Enterprise Associates (NEA) and GV (formerly Google Ventures), with participation...

Mattress Innovator, Leesa Sleep Launches New Products, Including Limited-Edition Blanket With Multi-Gold Medalist Aly Raisman

Wed, 26 Jul 2017 09:03:00 EDT

(image) VIRGINIA BEACH, Va., July 26, 2017 /PRNewswire/ -- Leesa Sleep, the leading direct-to-consumer online luxury mattress retailer, today announced the official launch of two new products: a beautifully-designed pillow that looks as different as it feels, and a limited-edition patriotic...

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Vicarious Announces $50M Series C Funding Led by Khosla Ventures

Tue, 25 Jul 2017 13:00:00 EDT

(image) SAN FRANCISCO, July 25, 2017 /PRNewswire/ -- Vicarious, an artificial intelligence company, today announced a $50M Series C round of financing led by Khosla Ventures, a venture capital fund founded by Vinod Khosla, co-founder of Sun Microsystems and a former general partner of...

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Former Nestlé USA Executive Joins Moonshine Sweet Tea

Tue, 25 Jul 2017 11:43:00 EDT

(image) AUSTIN, Texas, July 25, 2017 /PRNewswire/ -- Mr. Robert Case, former Chief Marketing Officer of Nestlé USA and long-time beverage executive and investment adviser, has joined Moonshine Sweet Tea as a member of its advisory board. Mr. Case has over 30 years of experience in various...

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NCT Ventures and Bridge Investments Join JumpStart in $1.8M Fundraising Round for Heureka Software

Tue, 25 Jul 2017 09:35:00 EDT

(image) CLEVELAND, July 25, 2017 /PRNewswire/ -- Today, Heureka Software announced the company has added new funding from Columbus-based NCT Ventures and Chicago's Bridge Investments. Combined with previous funding from Cleveland Venture Development Organization JumpStart Inc. and other angels,...

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FilterEasy Raises $6.9 Million in Series B Funding Led by Arsenal Venture Partners to accelerate the automated delivery of HVAC Air Filters

Tue, 25 Jul 2017 09:30:00 EDT

(image) RALEIGH, N.C., July 25, 2017 /PRNewswire/ -- FilterEasy, a subscription-based HVAC air filter service, today announced it has raised $6.9 million in Series B funding, led by Arsenal Venture Partners and with participation from NC State Endowment Fund, Bonaventure Capital, Cofounders...

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Ibotta Closes C-1 Funding Led by Silicon Valley-Based GGV Capital

Tue, 25 Jul 2017 09:00:00 EDT

(image) DENVER, July 25, 2017 /PRNewswire/ -- Ibotta, the third most-used shopping app in the United States, today announced new funding led by Silicon Valley-based GGV Capital. This round furthers Ibotta's mission of providing its consumers a Life Rewarded for making everyday purchases online,...

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SOM Biotech Licenses its First Product and Expands to the United States

Tue, 25 Jul 2017 08:00:00 EDT

(image) BARCELONA, Spain and CAMBRIDGE, Massachusetts, July 25, 2017 /PRNewswire/ -- The med-tech biopharmaceutical company SOM Biotech, specializing in repurposing drugs to treat rare nervous system diseases, has concluded a worldwide license agreement with Corino Therapeutics Inc. to clinically...

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Kezar Life Sciences Announces Successful Completion of Phase 1a Study and Secures $50 Million in Series B Financing

Tue, 25 Jul 2017 08:00:00 EDT

(image) SOUTH SAN FRANCISCO, Calif., July 25, 2017 /PRNewswire/ -- Kezar Life Sciences, a private, clinical-stage biopharmaceutical company developing novel small molecule therapeutics targeting the immunoproteasome and the protein secretion pathway, announced today that it has closed an...

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Tueo Health Oversubscribes Seed Round to Support Clinical Study and Growth

Tue, 25 Jul 2017 07:00:00 EDT

(image) SAN FRANCISCO, July 25, 2017 /PRNewswire/ -- Tueo Health, a digital health start-up company that has developed a unique solution for monitoring and managing pediatric asthma, has closed $1.1 million in seed round funding. The seed financing was led by Launchpad Digital Health, with...

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iguazio, Leader in Real-Time Analytics and Edge Data Platforms, Raises $33m in Series B Funds

Tue, 25 Jul 2017 07:00:00 EDT

(image) HERZLIYA, Israel, July 25, 2017 /PRNewswire/ -- iguazio, a global pioneer in real-time edge analytics, announced today a Series B investment of $33 million led by Pitango Venture Capital, with additional funds from Verizon Ventures, Robert Bosch Venture Capital GmbH (RBVC), CME...

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Sebacia Announces $36 Million Equity and Debt Financing to Advance Breakthrough In-Office Procedure for Acne

Tue, 25 Jul 2017 01:44:00 EDT

(image) DULUTH, Ga., July 25, 2017 /PRNewswire/ -- Sebacia, Inc., a privately held, clinical and commercial stage dermatology and aesthetics company, today announced that the company has completed a $20 million Series D financing led by existing investors Versant Ventures, Domain Associates, Accui...

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Iterum Gains Important Support for Development of Novel Oral Antibiotic, Sulopenem

Tue, 25 Jul 2017 00:15:00 EDT

(image) DUBLIN, July 25, 2017 /PRNewswire/ -- Iterum Therapeutics Limited, a clinical-stage pharmaceutical company focused on the development and commercialization of drugs to treat patients with infectious diseases, today confirmed a $1.5 million award to support the development of its novel...

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