Each calendar year, GC&H forms a new fund, and partners, special counsel and eligible associates are invited to participate in deals that have included QuinStreet and Radiance Technologies.
Month: January 2013
Care.com finds home for $50m
Care.com, a US-based website that matches donors with people and animals who need care, has raised $50m from a consortium including insurance provider USAA, according to a regulatory filing. Care said venture capital firms Institutional Venture Partners (IVP), which led the round as a new investor, Matrix Partners, New Enterprise Associates and Trinity Ventures also… Continue reading Care.com finds home for $50m
Quantance shows investor power
Quantance, a US-based mobile device battery manufacturer backed by Docomo Capital, has raised $1.65m from five investors.
Healthsense extends D round
Brian Bischoff, chief executive of Healthsense, said: “The addition of respected investors and industry leaders like Merck GHIF [Global Health Innovation Fund] and Fallon Community Health Plan supports our belief that our technology and approach can both improve quality and reduce cost.”
PatientSafe secures $20m
PatientSafe Solutions, a US-based hospital safety company backed by local drugs group Merck’s corporate venturing unit, has raised $20m in its series C round. Last month, PatientSafe said it had raised $13m, according to an updated filing with the Securities and Exchange Commission. Merck’s Global Health Innovation (GHI) fund led the C round and was… Continue reading PatientSafe secures $20m
HTGF seeds four
High-Tech Grunderfonds (HTGF), the German state and corporate-backed early-stage investment company, has backed four local companies.
Lamellar dries eyes with $5m
Lamellar Biomedical, a UK-based healthcare company treating dry eyes and mouths, has raised £3.3m ($5.3m) from a consortium including peer Barwell. Other investors included government-backed Scottish Enterprise, mutual fund manager Invesco Perpetual and angel network TRI Cap. Tri-Cap (£260,000), Barwell (£150,000) and others had provided £935,000 to Lamellar in September 2007. After the funding, Duncan… Continue reading Lamellar dries eyes with $5m
Svbtle crunches on seed money
Svbtle, a US-based invite-only publishing network, has raised an undisclosed amount of seed funding from a consortium including internet services provider AOL’s corporate venturing unit. Data provider CB Insights said Svbtle’s other investors beyond AOL’s CrunchFund were Betaworks, Y Combinator and SV Angel.
Digital Lumens lights up with $10m
In April 2011, Digital Lumens raised $10m from the same investors to take its then-aggregate since launch to $25m, with Silicon Valley Bank providing credit.
Nigg preps financial start-up
News provider Fortune said Nigg would have a focus on financial services companies as his Europatweb deals included merging portfolio company Flutter into gambling website Betfair.
Janrain raises $33m
Janrain, a US-based user management platform for social websites, has raised $33m from a consortium including software provider Salesforce.
Arctic Sand converts $9.6m
Energy Technology Ventures (ETV), a multi-corporate venture capital firm on behalf of oil major ConocoPhillips, industrial conglomerate General Electric (GE) and utility NRG Energy, was the other strategic investor.
Aileron stabilises with second tranche
The $12m second tranche is for a human study of a stapled peptide.
Xoom heads to IPO
Xoom secured $25m in financing from existing investors in 2011, as part of a $58m series F round raised between 2009 and 2011 at $11.45 per share.