Global 3D printing company 3D Hubs has completed a $4.5 million Series A funding round led by Balderton Capital. The company provides an online platform which connects owners of 3D printers all over the world with access to people looking to print something in 3D. The current access gives 1 billion people access to a 3D printer within 10 miles of their home. “3DHubs are building a marketplace that we believe will have a radical impact on the way production and manufacturing is done in the near future,” said Mark Evans, partner at Balderton Capital. “The team have proven that 3D printing is moving beyond the garages of enthusiasts and is now a tool available to mass consumers, and they’ve done this by working with and enabling the growing community of printers, creating a truly collaborative platform for creating new products.”
IEX, a New York-based equity trading venue, has secured $75 million in a Series C funding round led by Spark Capital. Bain Capital Ventures, MassMutual Ventures and Franklin Resources also participated. IEX operates as an alternative trading system but will use the funds to become a registered U.S. stock exchange, which means the company can offer corporate listings and will have fewer regulatory concerns. IEX has raised over $100 million to date. “Our intention from day one was to challenge the status quo by building a market that prioritizes the needs of traditional investors and issuer companies,” said IEX Group Chief Executive Officer and Co-Founder Brad Katsuyama. “We are encouraged by our recent growth, which has been driven by both investors and their brokers. This additional capital enables us to build and operate a world-class stock exchange.”
FanDuel, a daily fantasy sports website, has raised $70 million in Series D funding, led by Shamrock Capital Advisors. NBC Sports Ventures, KKR and existing investors also participated. The fantasy sports market is particularly hot right now, and competitor DraftKings also raised $41 million last week. FanDuel has now raised a total of $90 million and will use the latest investment round to expand its staff. “We couldn’t be more pleased to be able to make this announcement at the start of football season, as more users begin to embrace the one-day fantasy experience,” said Nigel Eccles, CEO of FanDuel.
Black Duck Software, an open source software management solution provider, has raised a Series F round worth $20 million. The funding was led by General Catalyst with participation from Flagship Ventures, Volition Capital, Red Hat, SAP and Intel. Black Duck will use the funds to expand into the OSS Logistics market. “With this funding in place, we are well-positioned to advance OSS Logistics solutions across the enterprise,” said Black Duck CEO Lou Shipley. “Over the next 18 months, we will release powerful new solutions aimed at solving critical supply chain and software development challenges that have resulted from the explosive growth of OSS in enterprises worldwide.” The company, founded in 2002, has now raised a total of $66 million in funding.