Philadelphia-based HealthVerity Inc, a cloud platform for the discovery, licensing and linking of broad scale healthcare data, has secured $10 million in Series B financing. Flare Capital Partners and Greycroft Partners led the round with participation from other investors that included Foresite Capital. Source: Press Release
Boston-based Riskmethods, a provider of supply chain risk management solutions, has raised 13.5 million euros in Series B financing round. Digital+ Partners led the round with return backers EQT Ventures, Senovo and Bayern Capital. Source: Press Release
San Diego-based Epic Sciences, a developer of diagnostics that personalize and advance the treatment and management of cancer, has closed $40 million in Series D financing. Hermed Capital led the round with participation from Altos Capital Partners, Domain Associates, Genomic Health, Pagoda Investment, Reach Tone Limited, RMI Partners, Sabby Capital and VI Ventures. Source: Press Release
Me.me, a meme search engine, has raised $1.5 million in funding. The investors included Arjun Sethi from The Social+Capital Partnership, Peter Rojas from Betaworks Ventures, Danhua Capital and Mirarmar Ventures. PRESS RELEASE San Francisco, April, 2017 – Meme search engine Me.me, a platform that makes millions of funny and dank (AKA high quality) memes searchable and shareable announced $1.5 million in new funding. New investors include Arjun Sethi from The Social+Capital Partnership, Peter Rojas from Betaworks Ventures, Danhua Capital, Mirarmar Ventures and many more. Launched as SIZZLE early last year, the service immediately took off and by the end of 2016 had served 700,000,000 memes in Q4 (a 225% increase over Q3). The platform has been likened to Giphy in its early days due its exceptional growth and focus on an esoteric media format. That comparison became more real as Betaworks’ Giphy’s creator, invested late
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Pre-money valuations in angel deals fell last year as angels sought safer investments, according to the Halo Report. The year saw angels do smaller first round deals and reserve capital for follow-on rounds, with follow-on deals in portfolio companies exceeding first-time investments, the report said. The median angel investment was $127,000, while the median round size was $950,000. For the year, the median pre-money valuation was $3.65 million, down from $4.6 million in 2015. The report is put together by the Angel Resource Institute, the Angel Capital Association and Pitchbook, and surveys angel groups.
Carlsbad, California-based ChromaCode Inc, a molecular diagnostics company, has secured $12 million in Series B funding. New Enterprise Associates led the round with participation from return backers Domain Associates and Okapi Ventures. Source: Press Release
UK-based Exonar, a data loss prevention platform, has secured 1.25 million pounds in funding. The investors included Winton Group and Amadeus Capital Partners. Source: Press Release