Series A
Cybersecurity company CyberSense has received $5 million in Series A funding from investors BRM Group and Opus Capital. According to a press release, CEO Yaniv Alfi said the Menlo Park company, which has also now opened of its Silicon Valley HQ, “will use the investment to continue to develop advanced cybersecurity solutions that are helping some of the world’s most-often-targeted organizations reduce the risk of costly and disruptive compromises, data breaches and compliance violations.”
Kahuna, which provides mobile marketing automation services, has gained $11 million in a Series A investment from Sequoia Capital. The Mountain View company serves clients like the New England Patriots and Yahoo. Kahuna will also team up with Branding Brand, which links more than 250 retailers — including Ralph Lauren, Sephora and American Eagle Outfitters–– with Kahuna’s product.
Spree Commerce, which provides e-commerce services, has secured $5 million in Series A funding. Thrive Capital led the round, which saw contributions from Red Swan Ventures, True Ventures, AOL Ventures and Vegas Tech Fund. The Bethesda, MD-based company serves more than 45,000 retailers including Nutrisystem, SmartThings, Bonobos and Chipotle, according to its website.
EA founder Trip Hawkins’ If You Can Company has raised $6.5 million in a Series A round led by Greylock Partners and launched an iPad game. Other investors included Almaz Capital. The San Mateo company, whose game “IF…” aids players with social and emotional learning (SEL), had gained $2.8 million from backers like Andreessen Horowitz, Maveron Capital, Founder’s Fund and more.
Series B
Medical device company Respiratory Motion, Inc. has realized its Series B Preferred financing round. At first close, funding totals $5.8 million; the Waltham, MA-based company anticipates $3 million more. Easton Capital led the round. Respiratory Motion’s ExSpiron product line for monitoring respiration aims to attend to pulmonary problems that have driven more than $12 billion in healthcare costs in America, according to a company press release.
Institutional Venture Partners has led a $30 million investment into ZEFR, “the leading SaaS platform for brands and content management on YouTube.” U.S. Venture Partners, Richmond Park Partners, Shasta Ventures and First Round Capital participated in the funding. The Venice, CA-based company — which serves customers like Saturday Night Live, Warner Bros., and Sony Music — has experienced 100 percent revenue growth year-over-year for the past three years.
San Francisco’s Tradeshift, which helps businesses interact, has gained $75 million in a Series C investment from Scentan Ventures of Singapore. Total backing behind Tradeshift comes to $112 million, and its prior investors include Ru-net, Kite Ventures, PayPal, Intuit and Notion Capital. The company serves upwards of 500,000 companies, linking them with supply chains.
Waltham-based CounterTack has closed its Series B round, originally at $12 million, with $3 million more. The extension adds Siemens’ venture capital arm (SFS VC) to the company’s list of investors; among them: Goldman Sachs, Fairhaven Capital and a group of private backers. CounterTack customers include SK Infosec, an information security company in South Korea.
Funding
Distributed database tech company NuoDB has raised $14.2 million in a funding round from previous investors, the 3DEXPERIENCE Company, and Dassault Systèmes. Total backing now comes to $26.2 million. Prior investors include Longworth Venture Partners, Morgenthaler Ventures and Hummer Winblad Venture Partners. The Cambridge, MA company serves clients like AutoZone and Zombie Studios.
Stockholm-based InDex Pharmaceuticals AB has realized an oversubscribed, $20 million new rights issues/funding round led by NeoMed. The company’s product candidate, Kappaproct, can aid people with severe ulcerative colitis.
M&A
GSN Games will acquire Bash Gaming, which it had reportedly sued previously for breach of contract, according to The Hollywood Reporter. Bash Gaming, with offices in Bangalore and Foster City, CA, is behind Bingo Bash, which draws upwards of 4.8 million monthly active users (MAUs). The acquisition will bring GSN Games’ MAU count to almost 10 million, according to a company press release. GSN is headquartered in Boston, according to the company.