Series A
Hollywood, Florida software company Magic Leap has realized its Series A funding, which brings total investment in the company to more than $50 million. According to a release, Magic Leap develops its own human computing interface technology called Cinematic Reality. Investors were undisclosed.
Lumos Pharma, an Austin biotech company, has raised $14 million in a Series A investment. Santé Ventures and New Enterprise Associates co-led the round. The company seeks to deliver treatments for “severe, rare and genetic diseases.”
Series B
Customer engagement company Totango has raised $15.5 million in a Series B funding. Canvas Ventures and InterWest Partners led the round, with Pitango Venture Capital and Gemini Israel Ventures contributing. Palo Alto-based Totango serves upwards of 100 paying customers — SaaS companies like Zendesk and Optimizely — and has an R&D office in Tel Aviv.
Tapingo, a mobile-first shopping service for colleges, has gained $10.5 million in a Series B funding round led by Khosla Ventures. Carmel Ventures contributed to the investment. Reports put the company’s total funding at $14 million. Tapingo is in use across 25 major American universities, according to a press release.
Funding
San Francisco-based Apportable, which leverages a platform adapting iOS games for Android, has secured $5 million in funding. The investment came from Danhua Capita, Y Combinator, Initialized Capital and notable angels including Paul Buchheit (Gmail), Alexis Ohanian (Reddit), Jerry Yang (Yahoo), Mark Evans (board of NaturalMotion, Balderton Capital). Apportable had previously received $2.4 million in seed funding this past summer. Founded in 2011, the company has participated in two accelerator programs: Y Combinator and StartX.
Domo, an enterprise software startup, has raised $125 million, doubling the amount invested in the company. The latest round of funding was led by TPG Growth and Salesforce.com, T. Rowe Price, Fidelity Investments, Morgan Stanley, Viking Ventures and Dragoneer Investment Group. Existing investors GGV Capital, Greylock Partners, IVP and Mercato Partners also participated. The Utah-based firm has now raised just over $250 million. TPG has previously backed the likes of Uber and SurveyMonkey.
Security software company Avast has announced CVC Capital Partners has invested in an undisclosed amount in the firm, which values the company at $1 billion. Avast was originally founded in Prague and will use the money for additional U.S. expansion. Avast holds the second largest share of the antivirus software market according to a report from Opswat. The company has claimed a 15.9 percent share, second only to Microsoft’s 23 percent.