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Iris Dorbian

Scality said Tuesday that it has raised $22 million in Series C funding. Menlo Ventures and Iris Capital were the lead investors. FSN and existing investors Idinvest Partners, OMNES Capital and Galileo Partners all participated in the round. According to Scality, the funding will be used to strengthen its sales and marketing initiatives as well as increase investments in research and development. Scality is a provider of petabyte-scale storage.
Modria said Monday that it has received $5 million in Series A funding. The lead investor was Foundry Group. Also, J. Scott Carr joins Modra as CEO and president. Based in San Jose, Calif., Modria is a dispute resolution platform.
WebAction said Monday that it has raised $11 million in Series B financing. The lead investor was Summit Partners. According to WebAction, the funding will be used for research and development as well as investments in sales, marketing and other business development activities. Also, Frank Caufield, co-founder of Kleiner Perkins Caufield & Byers and Silicon Valley marketing ace Regis McKenna have been named members to WebAction's board of directors. Headquartered in Palo Alto, Calif., WebAction is a big data server provider.
Predixion Software said Monday that it has received $20 million in Series C financing. New investor Accenture led the round. Current investors DFJ Frontier, EMC, Miramar Venture Partners and Palomar Ventures also participated as did new investors GE Ventures and Frost Venture Partners. Headquartered in San Juan Capistrano, Calif., Predixion is a provider of predictive analytics solutions.
Cantargia, a Stockholm, Sweden-based biopharmaceutical company focused on treating leukemia, has raised 7 MSEK. Investors were Sunstone Capital and LUBio. As a result of the investment, Sunstone Capital now owns 8% stake in Cantargia while LUBio owns 57%. According to Cantargia, the funding will be used for pre-clinical safety studies.
Kaleo said on Wednesday that it has raised $1.5 million in funding. Greycroft Partners was the lead investor. Double M Partners and TenOneTen Ventures also participated in the round. And, William J. O’Brien has been hired as the company's chief revenue officer while Mark Mullen joins the board of directors. Kaleo is a software application provider based in El Segundo, Calif.
Milaap Social Ventures, a South Asia-based impact fundraising platform, said on Wednesday that it has closed $1.1 million in funding. The lead investor was Jungle Ventures. Toivo Annus, co-founder of Skype; Lionrock Capital; Jayesh Parekh, co-Founder of Sony Entertainment Television; and existing investor Unitus Seed Fund also participated in the round.
Quartzy said on Tuesday that it has closed $4 million in Series A financing. The lead investor was Khosla Ventures. Also participating in the round were Lerer Ventures, David Sacks, Jeremy Stoppelman, Sam Altman and Sreeram Veeragandham. Quartzy is a lab management platform.
Sequenta said on Tuesday that it has raised $20 million in Series C financing. The lead investor was Foresite Capital Management. MDV and Index Ventures also participated in the round. Further, Jim Tananbaum, managing director of Foresite Capital, has joined Sequenta's board of directors. Based in South San Francisco, Calif., Sequenta is a biotechnology company dedicated to the discovery and development of clinical diagnostics.
Pixate said on Tuesday that it has raised $3.8 million in Series A funding. The lead investor was Accel Partners. Based in Palo Alto, Calif., Pixate is a provider of user interfaces for mobile applications.
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