StrictlyVC: December 3, 2015

Hi, cheers from charming London, everyone! (Yes, we made it.) Thanks so much to everyone who has reached out about coffee or lunch while we’re here. We’re hoping to meet up with some of you in the coming days, including at London Disrupt, where we’ll be moderating two very different investor panels. More to come.:)


Top News in the A.M.

Uber is at it again. According to a new Bloomberg report, the car-booking company is looking to raise as much as $2.1 billion in a financing round that would value it at $62.5 billion.


New Fundings

Baobab Studios, a new, Redwood City, Ca.-based virtual reality company that creates story and character-driven cinematic experiences and was founded by former Zynga game developers and Dreamworks animators, has raised $6 million in Series A funding. Comcast Ventures led the round; HTC, Samsung Ventures, Zynga co-founder Mark Pincus and PayPal co-founder Peter Thiel also participated. Fortune has more here.

BrightFunnel, a three-year-old, San Francisco-based predictive intelligence platform for business-to-business marketers, has raised $6 million in Series A funding led by Crosslink Capital, with participation from Salesforce Ventures and previous investors Bloomberg Beta, Karlin Ventures and Resolute Ventures. BrightFunnel has now raised nearly $10 million in funding altogether. TechCrunch has more here.

Cellwize, a three-year-old, Singapore-based maker of self-organizing network software that it sells to mobile operators, has raised $14.5 million in Series A funding co-led by Carmel Ventures and Vintage Investment Partners.Viola Credit separately provided a $10 million credit facility.

Clearpool Group, a three-year-old, New York-based company that develops electronic trading, routing, compliance and risk software, has raised $8 million in growth equity funding from Edison Partners. More here.

EatStreet, a five-year-old, Madison, Wi.-based online food ordering service, has raised $15 million in Series C funding co-led by 4490 Ventures and Lumia Capital. Others in the round included GCI Capital, MATH Venture Partners, and the State of Wisconsin Investment Board. TechCrunch has more here.

Evariant, a seven-year-old, Farmington, Cn.-based CRM platform for healthcare providers, has raised $42.3 million in Series C funding led by Goldman Sachs, with participation from earlier backers Health Enterprise Partners and Lightspeed Venture Partners.

Figma, a three-year-old, Palo Alto, Ca.-based startup whose web-based tool for user interface design allows for many simultaneous users, has raised $14 million in fresh funding led by Greylock Partners. Other investors in the company include Iconiq Capital, Index Ventures, OATV, Soleio Cuervo, and individual investors, including LinkedIn CEO Jeff Weiner. TechCrunch has more here.

Kesios Therapeutics, a three-year-old, London-based company developing therapeutics to treat multiple myeloma and other cancers, has raised $28.5 million in Series A funding, including from Imperial Innovations Group, SV Life Sciences and Abingworth.

LiveSafe, a nearly four-year-old, Arlington, Va.-based maker of safety and alert technology for universities and businesses, has raised $4 million in Series A funding from Hearst Ventures and IAC. The Washington Post has more here.

Lufax, a four-year-old, Shanghai, China-based peer-to-peer lender, is reportedly looking to raise around $1 billion in new equity funding at a valuation of between $15 billion and $20 billion. Bloomberg has more here.

OpsClarity, a two-year-old, Sunnyvale, Ca.-based company whose software helps developer teams better understand and troubleshoot issues in their fast-changing web-scale application environments, has raised $11 million in funding led by New Enterprise Associates. Other participants in the round include Pinnacle Ventures, AME Cloud, Morado Venture Partners and other, angel investors.

Remedy Pharmaceuticals, an 11-year-old, New York-based developer of drugs to treat acute CNS disorders, has raised $9 million in VC funding. New investors included The Vertical Group. More here.

Sensoro, a 2.5-year-old, Seattle-based maker of iBeacon sensors, has raised $10 million in new funding from Nokia Growth Partners, New World Development Company, and Mandra Capital.

Staffly, a nine-month-old, online retail staffing company, has raised $1.25 million in seed funding led by ff Venture Capital, with participation from earlier backers LionBird, Three Fish Capital and WS Ventures. TechCrunch hasmore here.

ThreatQ, a 2.5-year-old, Sterling, Va.-based threat intelligence platform, has raised $10.2 million in Series A funding led by New Enterprise Associates, with participation from return backers Blu Venture Investors and the Center for Innovative Technology. More here.

uMake, a 1.5-year-old, San Francisco-based company developing what it claims is the industry’s first cloud-based mobile 3D sketching app, has raised $5.2 million in Series A funding led by BlueRun Ventures, with participation from UpWest Labs, Brian McClendon, and Noam Bardin. TechCrunch has more here.

LeBron James’s months-old multimedia venture Uninterrupted has raised $15.8 million in funding from Warner Bros. Entertainment and Turner Sports. The venture currently makes videos about athletes, including real-time shorts and original digital series. Bloomberg has more here.

Wiivv Wearables, a 1.5-year-old, Vancouver, B.C.-based company that creates custom, 3D printed gear, has raised $3.5 million in seed funding led by Eclipse VC (formerly Formation 8 Hardware Fund), with participation from Real Ventures, Asimov Ventures, Evonik Industries, and MAS Holdings. Crowdfund Insider has more here.


New Funds

The venture firm and accelerator 500 Startups is looking to raise $30 million for a dedicated Middle Eastern venture fund, and Bloomberg says the firm is halfway toward its goal.



Aileen Lee of Cowboy Ventures talks with Dealbook.

Sir Michael Moritz talks with Bloomberg about Sequoia’s search for women VCs. (Video.)

Greg Tseng is stepping down from the CEO role of if(we) after 11 years running its dating social network Tagged and game studio hi5. TechCrunch has more here.

Eric Wiesen, who spent the last seven years at RRE Ventures — the last five as a general partner — has joined Bullpen Capital as a general partner. Wiesen was part of a panel discussion we moderated on Tuesday. You can read more about it here.



Bosch is looking to hire a paid venture capital intern. The part-time job is in Palo Alto, Ca.


Essential Reads

Four reasons the Facebook fortune is going into an LLC.

Google’s latest app can turn Android phones into virtual reality cameras.



How to be profilic.

The most in-demand jobs for 2016.


Retail Therapy

Glamping gifts for people who, truth be told, prefer to avoid camping altogether.

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