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Iris Dorbian

Edimer Pharmaceuticals said Tuesday that it has closed $18 million in Series B financing. The lead investor was New Enterprise Associates. New investor Sanofi-Genzyme BioVentures and previous investors Third Rock Ventures and VI Partners also participated in the round. In addition to the news about funding, David Mott will join Edimer's board. Based in Cambridge, Mass., Edimer Pharmaceuticals is a biotech company.
Bina Technologies said Tuesday that it has secured an additional $1.7 million in Series B financing. This now brings their total round to $8M. The lead investors were Mohsen Moazami at Columbus Nova Technology Partners and Jerry Yang at AME Cloud Ventures. Also, Bina Technologies has named Sharon Barr as vice president of engineering. She will start in mid-August. And Take Ogawa has joined the company as director of field sales while Thomas Kanar is now CFO. Based in Redwood City, Calif., Bina Technologies is a genomic big data science platform.
Oxford Genetics has received £150,000 in funding from UK-based venture capital firm Mercia Fund Management. The capital will be used for the company's ecommerce website and product development. Based in Oxfordshire, England, Oxford Genetics is a biotech company that provides human, mouse and bacterial DNA.
ReVision Optics said Monday that it has closed $55 million in equity financing. Investors included Canaan Partners, ProQuest Investments, InterWest Partners, Domain Associates, Johnson & Johnson Development Corp. and RusnanoMedInvest. Based in Lake Forest, Calif., ReVision Optics is a provider of implantable products to treat presbyopia.
TrueAbility said Monday that it has raised $2 million in Series A funding. Austin Ventures was the lead investor. Cloud Power Seed Fund 2013 also participated in the round. According to TrueAbility, the capital will be used to expand the company's platform technology. Based in San Antonio, Texas, TrueAbility is a company that tests people for their technical aptitude.
ReelGenie said Monday that it has closed $850,000 in seed funding. Investors included CNF Investments, the Maryland Venture Fund, faculty members from the Wharton School and angel investors. Headquartered in the Silver Spring Innovation Center in Maryland, ReelGenie is an online provider of videos created from photos and digital media.
San Diego, Calif-based aTyr Pharma said Monday that it has raised $49 million in financing. The investors were Alta Partners, Cardinal Partners, Domain Associates and Polaris Partners. The funding will be used for the clinical development of aTyr's first therapeutic program to treat rare autoimmune diseases and a rare disease pipeline in immune disorders. ATyr Pharma is a biopharmaceutical company focused on rare diseases.
SigmaCare said Monday that it has received new equity funding from Marlin Equity Partners and existing investors. No financial terms were disclosed. SigmaCare is a provider of clinical software solutions for the long-term and post-acute care market.
GridGain Systems said Monday that it has raised $10 million in Series B financing. The lead investor was Almaz Capital. Past investor RTP Ventures also participated in the round. In addition to the news about the funding, GridGain has named Geoffrey Baehr to the company's board. Headquartered in Foster City, Calif., GridGain is an in-memory computing platform.
LearnVest.com said Friday that it has raised $16.5 million in funding. The investors included Accel Partners; American Express Ventures; Claritas Capital; Ed Mathias, founding member of The Carlyle Group; and Todd Ruppert, former CEO and president of T. Rowe Price Global Investment Services. Also, the company has named Mathias, Ruppert, AOL's Brand Group CEO Susan Lyne and former Weight Watchers CFO Ann Sardini as advisors. Headquartered in New York City, LearnVest is an online financial planning program provider.
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