Accel Partners was able to raise a combined total of $1.475 billion for the Accel XII and the Accel Growth III funds while Jim Breyer will be reducing the role he plays in the venture capital firm, Forbes reported.
Institutional investors
Invendo Medical closes $28M for recent funding round led by Xeraya Capital
Colonoscopy system maker Invendo Medical was able to secure $28 million for its latest funding round led by new backer Xeraya Capital, a statement about the funding said.
NinePoint Medical Inc secures $34M in Series B funding round
Corning Inc led the $34 million Series B funding round for Cambridge, Massachusetts-based medical device maker NinePoint Medical Inc, a statement about the funding said.
YouNoodle secures $1.1M in new funding round
San Francisco-based YouNoodle obtained $1.1 million in its latest funding round. The financing came from VegasTechFund, Lars-Henrik Friis Molin and the Amicus Group, TechCrunch reported.
US data security firm Verdasys lands $12M in venture round as new CEO is named
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).
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Digital health company Augmedix announced that it was able to secure venture funding amounting to $3.2 million from DCM and Emergence Capital Partners, a statement about the financing said.
Platfora, a big data analytics software platform, has secured $38 million for its latest funding round led by Tenaya Capital and participated in by other investors, TechCrunch reported.
New venture capital fund Amplify Partners raises $49.1M to back IT infrastructure startups in the US
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.
Cloudera, the company that provides enterprises with the first unified big data platform, secured $160 million from T. Rowe price, Google Ventures and MSD Capital, TechCrunch reported.
New York, US-based remote behavioral intervention startup AbilTo bagged $6 million in a Series B funding round led by Blue Cross Blue Shield to help maintain people's mental health from afar.
The recent drawbacks faced by Bitcoin has not deterred investors from continuing to support and make investments in ventures related to the crypto-currency, TechCrunch reported.
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.
High-quality video platform Vimeo bought iOS video-creation app Cameo backed by Great Oaks Venture Capital. Financial terms of the acquisition were not provided, VentureBeat reported
