Term Sheet

The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley

Venture capital deals

September 18, 2012: 10:25 AM ET

Kabbage, an Atlanta-based provider of financial services data and marketing solutions for online merchants, has raised $30 million in third-round funding. Thomvest Ventures led the round, and was joined by return backers Mohr Davidow Ventures, BlueRun Ventures, David Bonderman, Warren Stephens and UPS Strategic Enterprise Fund. www.kabbage.com

Virident Systems Inc., a Milpitas, Calif.-based flash storage company, has raised $26 million in Series D funding, according to VentureWire. Mitsui & Co. led the round, and was joined by return backers Sequoia Capital, Globespan Capital Partners and Artiman Ventures. www.virident.com

Duolingo, a Pittsburgh-based language learning company that translates websites into English, has raised $15 million in Series B funding. New Enterprise Associates led the round, and was joined by return backer Union Square Ventures. www.duolingo.com

Keek, a Toronto-based social video platform, has secured C$7 million in private financing. Cranson Capital Securities led the round, and was joined by Pinetree Capital Ltd. and Whitecap Venture Partners.www.keek.com

Appnomic Systems, a Santa Clara, Calif.-based provider of automated enterprise and Cloud IT performance management solutions, has raised $5 million in Series C funding led by Norwest Venture Partnerswww.appnomic.com

Confluence Life Sciences Inc., a St. Louis-based developer of kinase inhibitors to treat cancer and inflammatory disease, has raised $4 million in Series A funding. DFJ Mercury led the round, and also includes note conversion by BioGenerator, Missouri Technology Corporation and the Helix Fund.www.confluencelifesciences.com

GENWI, a Los Altos, Calif.-based provider of a cloud-based mobile content management system, has raised $2 million in funding from Floodgate Fund and the partners of Elevation Partners.www.genwi.com

Familiar, a social photo-sharing platform, has raised $1.3 million in seed funding. Backers include Greylock Partners, Redpoint Ventures, Index Ventures, Acequia Capital and Allen & Company.www.familiar.com

Ubersense, a Cambridge, Mass.-based, has raised $1.1 million in seed funding. Backers include Atlas Venture, Google Ventures and Boston Seed Capital. www.ubersense.com

Roostock Software, a San Francisco-based provider of SaaS manufacturing solutions, has raised an undisclosed amount of VC funding led by Cross Atlantic Capital Partnerswww.rootstock.com

Wattpad, an online community of readers and writers, has raised an undisclosed amount of VC funding from OMERS Ventures. The company in June announced a $17.3 million Series B round from Khosla Ventures, Jerry Yang, Union Square Ventures and Golden Venture Partners. www.wattpad.com

Sign up for Dan's daily email newsletter on deals and deal-makers: GetTermSheet.com

Posted in:
Join the Conversation
About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

Email a Tip | @danprimack | RSS
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by WordPress.com VIP.