Thesan Pharmaceuticals, a biotech firm that develops therapies for skin conditions, raised $49 million for its Series B round led by existing investor Novo Ventures and joined in by SV Life Sciences, Lundbeckfond Ventures and Novartis Venture Fund.
United States
Piazza unveils new recruiting tool backed from Khosla Ventures and Bessemer Ventures
Piazza, a social Q&A platform that connects students, teaching assistants and professors, has rolled out a new recruiting tool with the help of an additional $8 million from Khosla Ventures and Bessemer Ventures in a Series B round which quietly closed last year, TechCrunch reported.
Online eye exam startup Opternative gets $1M to provide glasses prescription directly from the computer
Opternative, a Chicago-based startup, bagged $1 million in seed funding from Tribeca Venture Partners and Chicago Ventures does away with the need to have an in-person eye exam, TechCrunch reported.
The Black Tux secures $2.6M in first funding round
Lerer Ventures led the first institutional funding round for tuxedo rental business The Black Tux which raised $2.6 million to offer clients cheaper yet higher quality suit and tie, TechCrunch reported.
Georgia-based Birch Equity Partners backs Tempo Telecom
Tempo Telecom, a provider of prepaid and flexible communications services, received an investment from Birch Equity Partners, a private equity firm based in Atlanta, Georgia.
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St. James's Place Chief Executive Officer David Bellamy said they are nearing the purchase of Asia-based Henley Group, an advisory business with £400 million under management, Reuters reported.
San Francisco, US-based security firm CloudFlare bought boutique anti-malware software maker StopTheHacker, which is also based in San Francisco, for an undisclosed sum to beef up its cybersecurity product offerings.
Irish telecom tycoon Denis O'Brien picked up a minority stake in San Francisco, US-based startup Spritz to see how the latter's easy reading app could help improve the literacy rate in developing areas.
As part of its expansion, the "going out" app YPlan will be expanding to San Francisco, California. It also has entered into an exclusive ticketing partnership with Noise Music Festival and will be unveiling a new feature, VentureBeat reported.
Richmond, US-based visual creation studio Alice Blue acquired New York-based multi-faceted post-production studio Nucleus Imaging, a bigger firm, for an undisclosed amount to expand into a new market.
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.
Austin, Texas-based hardware and software startup Open Labs updated its StageLight software to allow users to create and edit their own music with the help of hip-hop superstar Timbaland.
Cybersecurity startup CounterTack based in Waltham, Massachusetts closed its Series B funding round with an additional $3 million to bring the financing total to $15 million.
New York, US-based tech giant IBM and Dallas, Texas-based telecom firm AT&T struck a strategic partnership that will create a simplified service that will help businesses deal with network security problems and other cyber threats.
