Series A
GoEuro, a travel planning company based out of Berlin, Germany, has secured a Series A round worth $27 million. The financing was led by New Enterprise Associates with participation from Battery Ventures, HPV and Lakestar. The company currently operates in seven countries in Europe and will use the funds to expand further. “We are thrilled to welcome NEA to GoEuro, they are a top tier investor with long-term thinking and deep roots in the technology sector. This is a very significant backing of the progress we have made since we launched just over a year ago,” said Naren Shaam, Founder and CEO of GoEuro. Shaam founded the company in 2012 after a four month trek around Europe.
Series B
Online technology education service Pluralsight has raised a Series B round worth $135 million led by Insight Venture Partners. ICONIQ Capital and Sorenson Capital participated in the round, which values Pluralsight at close to $1 billion. The company, which has over 3,000 online training courses for IT professionals, has raised $165 million in funding since being founded in 2004. Pluralsight, based in Utah, will use the new funds for acquisitions, content development and new features.
Series C
The Honest Company, a provider of eco-friendly family products, has closed a $70 million Series C round led by Wellington Management. Lightspeed Venture Partners, Institutional Venture Partners, General Catalyst Partners and ICONIQ Capital also participated.The Honest Company has now raised a total of $122 million and will use the latest funds for growth. “The Honest Company provides families everywhere with safe, convenient and affordable family essentials. This funding will enable us to expand our current category offerings and availability, and develop products across many new and exciting categories,” said Brian Lee, The Honest Company Co-Founder and CEO.
Funding
Mobile health app provider AirStrip has raised a $25 million round of funding led by the Gary and Mary West Health Investment Fund, Sequoia Capital and Wellcome Trust. AirStrip integrates clinical data from healthcare providers and makes it accessible on mobile devices. “The success of this investment round shows deep industry support and validation of the AirStrip strategic vision,” AirStrip CEO Alan Portela said. “Right now one in six babies born in the U.S. is monitored with AirStrip, and at-risk patients were monitored 1.2 million times in 2013 alone using AirStrip.” The company will use the funds to expand its product, to integrate with analytics engines and to branch out internationally.