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Shopkeep secures $25m funding round – Investment Round Up

April 24, 2014

Series A

Menlo Park cyber security company Synack Inc. has raised $7.5 million in a Series A round. Kleiner Perkins led the investment, which saw contributions from Google Ventures and current backers Allegis Capital, Greylock Partners, and Shape Security CEO Derek Smith. Total backing behind Synack now exceeds $9 million; the company had earlier gained $1.5 million in seed capital.

Swiss biopharma CRISPR Therapeutics has received $25 million in a Series A funding from Versant Ventures. The company concentrates on the gene-editing technology CRISPR-Cas9, says a press release.

Series C

New York’s Shopkeep POS has secured $25 million in a Series C investment round led by Thayer Street Partners. Current backers Canaan Partners, TTV Capital, Contour Venture Partners and Tribeca Venture Partners contributed. ShopKeep POS is a Red Herring 2013 Top 100 North America Winner. Funding will go towards enabling “more brick-and-mortar small businesses ditch their cash registers,” says a press release.

Funding

Munich-based biotechnology company Isarna Therapeutics GmbH has gained €5.5 million ($7.6 million) from existing backers such as AT NewTec, MIG Fonds, and Global Asset Funds. The company additionally revealed a new CFO and Chief Business Officer, Elizabeth Czerepak.

Flash sales platform SecretSales.com has announced it secured £4.5 million ($7.6 million) in fresh funding. Partech Ventures, 123Venture, Doughty Hanson and Pentech invested in the round, the company’s third. London-based SecretSales.com ramped up net sales by 70 percent last year and has become the U.K.’s leading fashion flash sales business, according to the company.

Columbus, Ohio Payments-as-a-Service company 2Checkout has finished the last tranche of a $60 million funding round. Chicago Growth Partners and Trident Capital led the investment; management and strategic individuals contributed, says a press release. The company provides services to upwards of 22,000 merchants around the globe.

M&A

Online marketplace Etsy is buying technology marketplace Grand St. Both companies are based in New York. Grand St.’s team will head to Etsy; financial terms of the deal were not disclosed.

Helsinki, Finland-based ProtoGeo Oy and its activity app, Moves, have been picked up by Menlo Park social media titan Facebook. The app had racked up 4 million downloads. “The Moves experience will continue to operate as a standalone app, and there are no plans to change that or commingle data with Facebook,” says Moves.

Boston-based programmatic marketing software company DataXu has revealed its acquisition of San Francisco’s JasperLabs, which delivers dynamic creative optimization (DCO) software. The companies have been collaborating for more than a year to provide campaigns for clients such as BSSP and Essence Digital, according to a press release.

New York collaboration services company Intralinks Holdings, Inc. has revealed its acquisition of Cambridge, MA document security company docTracker. Intralinks’ filing with the SEC unveiled the all-cash deal came to $10.0 million, “plus any cash of docTrackr and less any indebtedness or other liabilities of docTrackr,” according to the Form 8-K.

 

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Filed Under: Finance, Internet, Startups

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