Wearable tech and healthcare company Quanttus has raised $19 million in a Series A investment from Matrix Partners and Khosla Ventures. The Cambridge startup had previously received $3 million in seed funding led by Vinod Khosla of Khosla Ventures. The market for wearable electronics could reach $8.36 billion by 2018, according to MarketsandMarkets.
Sunnyvale-based Saisei Networks, “a developer of flow-based network visibility and control solutions,” has gained $5.6 million in Series A funding. Oxygen Ventures led the investment, which also saw contributions from several early seed investors, according to a press release.
Semiconductor company Newlans has received $15 million in a Series B funding round led by Intel Capital. Paladin Capital and Lockheed Martin Corporation joined the investment. Adoption of the Acton, Massachusetts company’s Programmable Duplexer “will reduce cost and time to market for 4G mobile devices with global LTE operation,” founder and CEO Dev Gupta said in a press release.
San Diego-based Thesan Pharmaceuticals, a biotech that develops dermatological treatments, has realized a $49 million Series B funding round. The investment was led by Novo Ventures, while SV Life Sciences and Lundbeckfond Ventures accompanied Novartis Venture Fund in the syndicate, according to a company press release. Visiongain forecasts the global market for dermatological drugs will swell to $24.4 billion next year.
Big data and SaaS startup eCommera has secured $41 million in a Series C funding. The round was led by Dawn Capital with West Coast Capital, ePlanet Capital, Frog Capital, WPP, and Wti. The London-based company, which has maintained a compound annual growth rate of 46 percent for the past three years, operates in the $15 trillion worldwide retail market.
Sarasota-based Voalte, which delivers healthcare communication services, has gained $36 million in a Series C investment. Bedford Funding led the round. The mobile health industry, which Voalte serves, could exceed $10.2 billion by 2018. Last year, the company grew by almost 3x. Its technology helps care teams connect via voice calls, text and more, whether they are inside or outside of the hospital.
SpareFoot, which claims to run America’s biggest online marketplace for self-storage, has received $10 million from Insight Venture Partners. The funding brings total investment behind SpareFoot to $26 million since its founding in 2008 — with nearly 85 percent of that money coming from Insight. The Austin company’s other backers include FLOODGATE, Silverton Partners, and Capital Factory.
Software company TraceLink has raised $5.5 million more in growth investment led by FirstMark Capital. Massachusetts-based TraceLink serves eight of the top 20 pharmaceutical companies and leverages a Life Sciences Cloud network platform, according to a company press release. According to the World Health Organization, the worldwide pharmaceuticals market is anticipated to grow to $400 billion inside three years.
Brazilian real estate platform VivaReal has raised more than $12.7 million in funding, according to an SEC filing. The Sao Paulo company has raised $27.7 million in total, according to CrunchBase.
London PE firm Cinven has pumped a majority investment into Cincinnati contract research organization Medpace, Inc. Total consideration comes to $915 million “plus certain cash inflows relating to the period of ownership, acquired from CCMP Capital Advisors, LLC,” according to a press release. Medpace’s adjusted EBITDA for last year stood at $94 million.