Tastemade closes $40m funding round


Tastemade, a digital media company focused on food and lifestyle programming, has closed a $40 million Series D funding round led by Goldman Sachs’ Merchant Banking Division. Existing investors Redpoint Ventures, Raine Ventures, Comcast Ventures, Liberty Media, Scripps Networks Interactive, and Tohokushinsha Film Corporation also participated. “This new funding enables us to accelerate our goal to be the world’s leading video publisher in the food, travel and lifestyle categories,” said Larry Fitzgibbon, co-founder at Tastemade in a press release. “Millennial audiences are mobile-first consumers, and Tastemade was specifically created to address this shift in global media consumption.”

Janrain, a customer identity management solutions provider, has raised $27 million in Series D funding. HighBar Partners led the round, with participation from existing investors Millennium Technology Value Partners, Split Rock Partners, Epic Ventures, Emergence Capital, RPM Ventures and DFJ Frontier. “We see our core Customer Identity platform as the clear leader in a rapidly-growing market,” said Larry Drebes, founder and CEO of Janrain. “The organization today is structured to serve that market efficiently, which then allows us to look at adjacent problems and areas of expansion. Janrain recently added robust Engagement functionality to its platform, and the Company sees a number of similar opportunities in the market as enterprises look for new ways to activate their audiences and offer a wider variety of identity-based marketing use cases.”

Enterprise digital advice company NextCapital has completed a $16 million Series B round of funding. AllianceBernstein, Manulife and Route 66 Ventures led the round. The company’s previous investors include Transamerica Ventures, Russell Investments, FinTech Collective, Kelvingrove, and Vermont Seed Capital Fund. “Route 66 Ventures is very excited to partner with the NextCapital team — digital advice is a game changer for the multi-trillion dollar retirement space. NextCapital’s enterprise offering provides institutions speed-to-market and control over the user experience and financial methodology — the best of both worlds,” said Benjamin Britt, General Partner at Route 66 Ventures.

ORIG3N, a biotech company developing treatments for genetically inherited diseases, has closed a $12.5 million Series A financing round. Hatteras Venture Partners and Syno Capital led the round, which also featured DEFTA Partners, and existing investors, Harris & Harris Group, Inc., LabCorp, MGC Venture Partners, KTB-KORUS Fund. “The continued support of our existing investors and the confidence of our new investors will enable us to accelerate the growth of ORIG3N. We are developing some innovative science and business models that enable researchers to develop safer and more effective drugs and lay down the foundations for regenerative medicine treatments,” said Robin Y. Smith, CEO, ORIG3N.