Rocketrip, a travel management company, has raised $3 million in a Series A round led by Canaan Partners and Genacast Ventures. CrunchFund and Paul Bucheit also participated. Rocketrip was founded last year and has raised $6.2 million to date. The company’s search and booking platform targets enterprise users.
Rap Genius has raised a Series B round worth $40 million and has changed its name to Genius. The round was led by Dan Gilbert and Andreessen Horowitz. Brooklyn, New York-based Genius provides annotations for thousands of rap songs and has raised over $56 million to date. The company is planning to use the latest funds to expand its service beyond rap songs and to hire new staff.
Dog product delivery service provider Bark & Co. has raised a $15 million Series B funding round. The company, which is behind the BarkBox service, received $10 million from Resolute.vc, RRE, Boxgroup, Lerer Ventures and other existing investors, while the remaining $5 million came from debt financing from City National Bank. The company was founded in 2011 and sends monthly boxes of dog toys and treats to its customers, of which there are over 200,000.
Xagenic, a molecular diagnostics company, has announced the second closing of its Series B financing round, bringing the total raised to $25.5 million. BDC Capital joined as a new investor. Xagenic is currently developing a lab-free molecular diagnostic platform which would take 20 minutes to produce results. “Securing this additional financing from high-quality new and existing investors demonstrates confidence in the Xagenic X1 platform. We look forward to continuing our development program in anticipation of our analytical and clinical study start later this year,” said Shana Kelley, Founder and CTO of Xagenic.