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VSCO secures $30 million in funding

April 27, 2015

Visual Supply Co., or VSCO, which offers a photo app that lets users share and edit images, has raised $30 million in funding, Bloomberg reports. Existing investors Accel Partners and Goldcrest Investment participated, as did new backers Glynn Capital Management. The company previously raised $40 million last May. VSCO was founded in 2011 and boasts 20 million monthly active users.

Neuronetics, which has developed a non-invasive device to treat clinical depression, has raised $34.3 million in a Series F financing round. GE Ventures participated, along with the company’s original investors. The company will use the funds to broaden the availability of its transcranial magnetic stimulation technology. “As the pioneer of the TMS therapeutic space and as a leader in clinical research for MDD and commercial execution, Neuronetics is very excited about the outcome of the recent funding and the possibilities for expanded access to NeuroStar TMS for patients,” said Christopher Thatcher, President and CEO of Neuronetics. “We are firmly committed to expanding treatment with TMS to all 4 million treatment resistant adults living with depression, who cannot benefit from their current antidepressant treatment plan. This additional funding will also allow us to work towards fulfilling a significant unmet medical need among the 2 million adolescents suffering with the condition.”

Chatwork, a Japan-based social network for enterprises, has raised $3 million from GMO Venture Partners. The company, which also has a presence in California, operates in the same space as Slack, which is reportedly valued at $2.8 billion.

2C2P, a Singapore-based payments company, has raised $7 million in Series C funding, Tech in Asia reports. The company has now raised a total of more than $10 million, and attracted funding from Amun Capital AG and GMO Venture Partners in this round.  2C2P was founded in 2003 and has expanded across Southeast Asia.

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Filed Under: Finance, Investment Round Up, Startups

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