Funding Daily: Advertising, big data, and white whales

Funding Daily: Advertising, big data, and white whales | VentureBeat …

ByDylan Tweney birmingham, california, india, king, purplebricks, sec, venturebeat, whale, white, white-whale Comments Off

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AppNexus grabs $60M

Ad tech company AppNexus continues to roll up financing, announcing new funding of $60 million today — and it might be raising another $40 million soon. In a post today on the company’s blog, CEO and cofounder Brian O’Kelley — a big Moby Dick fan — said his company is pursuing its “White Whale” of “making the Internet better by making advertising better.” (No note was made, however, of the fact that the White Whale in Moby Dick was only pursued, never caught.) The company now has a valuation of $1.2 billion.

Comprehend Systems raises $21M

For device makers and drug companies, going through the process of clinical trials for new treatments is expensive and time consuming. But they have to do it to get FDA approval. Biosciences companies need a virtual hub where all the clinical information lives and where it can be accessed and collaborated on. That’s what Comprehend Systems is building: a clean, well-lighted place for clinical data.

Purplebricks picks up $13.4M

When selling or renting out your real estate property, all the back-and-forth with agents can often drag out the process and make the whole process more painful. One company, Purplebricks, has built an online set of online tools to help ease this, and it announced that it has raised £8 million ($13.4 million) led by Neil Woodford and with additional participation from other investors. Purplebricks offers round-the-clock services such as monitoring of a customer’s deal, as well as valuations, floor plans, professional photographs, online listings, and so on, for £599 (about $1,000) instead of the pricier real estate services. Purplebricks is based in Birmingham, U.K., and it previously raised an undisclosed amount of money from Paul Pindar, Martin Bolland, and DN Capital.

GuardiCore raises $11M

GuardiCore, a data-center security startup, has developed technology for stopping threats from moving around once they’re inside a data center. And the startup announced that it’s raised $11 million.

Read more on VentureBeat: GuardiCore raises $11M to protect data centers from within

Self Health Network raises $5.6M

Self Health Network sells a software-as-service platform that health care providers can use to make sure patients are following their aftercare instructions after they leave the clinic or hospital.

Algorithmia gets $2.4M

Algorithmia has constructed a place for countless algorithms to live, enabling developers to try them out and find the most effective ones. Investors liked the concept enough to put $2.4 million in seed money behind the startup.

Lybrate, India’s ZocDoc, raises $1.2M

Online doctor directory and booking service Lybrate today announced a $1.23 million raise in a public filing with the SEC. Founded in 2013, Lybrate sits among a growing number of international book-a-doctor startups, including France-based KelDoc, Eastern Europe’s DocPlanner, and the U.K.’s Zesty — as well as U.S.-based ZocDoc, which itself is getting ready to launch in India.

LocusLabs picks up $575K

LocusLabs, a startup promising “beautiful maps” for indoor locations, has raised about $575,000 of a planned $850,000 round. It appears to use Wi-Fi and iBeacon technology to help locate users of its app within buildings, such as malls, in order to help them find their way to the nearest Cinnabon, or whatever else it is they seek. The company is based in San Francisco.

Rock Health backs eight new startups

Digital health accelerator and venture investor Rock Health has added eight new startups to its portfolio and has landed deals with three large corporate partners, including pharmaceuticals and medical devices giant Abbott, insurer Blue Shield of California, and the health practice of the Deloitte consulting firm. The new startups are addressing a variety of health care problems, including chronic disease, neurological disorders, biotech issues, and health data privacy.

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Funding Daily: Advertising, big data, and white whales | VentureBeat …

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Dylan Tweney