APX Labs, the company behind smart glasses enterprise software platform Skylight, has raised $10 million in a Series A round and revealed Skylight 2.0 is now generally available. New Enterprise Associates led the funding. Total backing behind the Herndon, VA-based company now comes to $15.8 million.
Principia Biopharma Inc. has gained $50 million in a private funding round. Sofinnova Ventures is leading the investment, and all of the San Francisco biopharmaceutical company’s current backers contributed: New Leaf Venture Partners, OrbiMed, Mission Bay Capital, Morgenthaler Ventures, SR One and others. The company’s Series A round came to $40 million.
Mountain View video marketing company Tubular Labs has secured $11 million in a Series B funding round led by Canaan Partners. FirstMark Capital and Lerer Ventures contributed to the investment. The company, which serves more than 2,000 publishers, is also debuting Tubular Intelligence, its enterprise solution. “Tubular users reach over 200 million total subscribers, generate two billion views/month, and are growing their video views over 50 percent faster than non-Tubular users,” says a press release.
Plymouth, Michigan-based ProNAi Therapeutics, Inc. has gained $59.5 million in an oversubscribed Series D round led by Vivo Capital. Frazier Healthcare Ventures, OrbiMed Advisors, RA Capital Management, Hopen Life Science Ventures, Caxton Alternative Management, Sectoral Asset Management, Janus Capital Management LLC and Adams Street Partners contributed as new investors. Prior backers Capital Midwest Fund, Amherst Fund, Grand Angels and Apjohn Ventures Fund also participated.
Continuous Delivery company Electric Cloud has raised an extra $4 million funding tranche from backers such as Siemens’ Venture Capital, Mayfield Fund, RRE Ventures, US Venture Partners, and Rembrandt Venture Partners. The Sunnyvale, CA company had originally received $8 million in a September 2013 funding round; its oversubscribed Series E now comes to $12 million. Electric Cloud serves companies including SpaceX, Shell Oil and Epic Games.
Bellevue, Washington’s Blucora, Inc., which propels operations for a portfolio of Internet businesses, and Discovery Communications have agreed that Blucora will pick up HowStuffWorks’ assets and operations, says a press release. The deal consists entirely of cash and in anticipated to be completed in Q2 2014. HowStuffWorks, an online information platform, drives about 200 million page views a month.
Sponsored by Francisco Partners, Palm Beach Gardens, Florida’s Cross Match Holdings is buying and combining with DigitalPersona of Redwood City, CA, says a press release. Both companies provide biometric identity services. The newly-merged company will be headed up by new CEO Rich Agostinelli, who now leads DigitalPersona.