Sequoia-backed Indian anti-virus software firm files for IPO: Reuters

Indian anti-virus software maker Quick Heal Technologies Ltd, which is backed by Sequoia Capital, filed a prospectus for a stock listing with the domestic market regulator on Wednesday. The IPO will involve the sale of new shares worth up to 2.5 billion rupees ($38.03 million) and 6.8 million shares currently held by promoters including Indian units of Sequoia Capital and company founders, Quick Heal said in a statement. Sequoia, which currently holds more than 10 percent stake in Quick Heal, is looking to sell about 4.6 percent of its stake, according to a source familiar with the matter. ICICI Securities, Jefferies and JP Morgan will be the underwriters, according to Quick Heal.

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Sequoia-backed Indian anti-virus software firm files for IPO: Reuters

Norse raises $11.4 mln

Norse has raised $11.4 million in a Series A1 round led by KPMG Capital. Foster City, California-based Norse provides security solutions that aim to help companies block the threats. PRESS RELEASE September 30, 2015 12:01 AM Eastern Daylight Time FOSTER CITY, Calif.–(BUSINESS WIRE)–Norse, the leader in live attack intelligence, today announced the successful closing of its Series A1 round of funding led by a strategic investment from KPMG Capital, KPMG International’s global investment fund. The investment will enable KPMG’s member firms to offer Norse threat intelligence products and services to clients through the KPMG network’s global cyber security practice. The remainder of the $11.4 million total raised in this round was provided by a group of existing investors, and the funds will be used by Norse primarily to bolster the company’s product development efforts and accelerate the expansion of its global sales organization to capitalize on high-growth market opportunities abroad. The additional Series A1 funding now brings the total venture funding raised by Norse to $42 million. “KPMG clearly understands the complex challenges that public and private organizations face and that threat intelligence and the insights that it brings are at the heart of the next generation of information security. They also have a strong presence in the parts of the world where we see our greatest opportunities for growth,” said Norse CEO Sam Glines. “KPMG Capital’s strategic investment in Norse is a strong endorsement of our technology and our approach, and we are thrilled to have our efforts recognized by such an established and highly regarded global consultancy with deep business and technology experience.” “As trusted advisors to governments and industries around the world, KPMG member firms work to find smart, creative and forward-thinking technologies like Norse threat intelligence solutions to help address cyber security challenges,” said Mark Toon, CEO, KPMG Capital. “Through KPMG Capital’s strategic investment in Norse, we can ensure that clients will benefit from their industry-leading technologies today and in the future.” Norse has already taken important steps towards achieving its product development and sales expansion goals. Norse recently announced the appointment of Andrew Lewman to the newly created position of vice president of data development, where he will extend Norse’s lead in gathering, processing and applying live threat intelligence for the next generation of enterprise security solutions. Norse also named David Weier, an accomplished sales executive with more than 20 years of experience building and leading high-performance sales teams, as senior vice president of worldwide sales. Norse’s family of enterprise threat intelligence solutions includes the Norse Appliance™ 10g and the Norse Intelligence Service™, a turnkey “early-warning-as-a-service” that helps large financial services firms and government agencies quickly identify compromised systems, spot malicious activity and track attacks while they are still under way. By analyzing the large amount of data that comes through its network, Norse’s suite of solutions gives organizations the ability to instantly assess the risk level and threat context of connections both inside and outside their networks. Threats are identified in near real time, allowing companies to block the sources of threats as they happen. Norse’s in-house team of cyber intelligence and counterintelligence fusion analysts, many recruited directly from military and government intelligence organizations, are at the core of the Norse Threat Intelligence Service. These security professionals deeply understand the wider threat landscape and each customer’s incident response options and offer the crucial human touch missing from fully automated solutions. About KPMG Capital KPMG Capital Limited and KPMG Capital Holding Limited comprise an investment fund for KPMG member firms. The investment fund is not open to third-party investment and will not, itself, provide professional services to clients. KPMG Capital Limited and KPMG Capital Holding Limited are legally distinct and separate from KPMG International Cooperative and each KPMG member firm. Like every member firm in the KPMG global network, KPMG Capital, and the entities it invests in, is subject to the same rules and regulations promulgated by the regulatory, bodies responsible for establishing standards for auditor Independence (for example, the US SEC, PCAOB, AICPA, IESBA and those established by the various countries in which the investments reside). These rules apply to member firms, the individuals at such member firms and the targets for potential joint venture, alliance or acquisition related to the activities of KPMG Capital. All existing Independence protocols apply to KPMG Capital. About KPMG International KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 155 countries and have more than 162,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such. About Norse Norse is the global leader in live attack intelligence, helping companies block the threats that other systems miss. Serving the world’s largest financial, government and technology organizations, Norse intelligence dramatically improves the performance, catch-rate and return-on-investment of the entire security infrastructure. The Norse Intelligence Network, a globally-distributed distant early warning grid of millions of sensors, honeypots, crawlers and agents, delivers unmatched visibility into difficult-to-penetrate geographies and darknets, where bad actors operate. Norse processes hundreds of terabytes daily against a 7 petabyte attack history database, and weighs over 1,500 variables to compute real-time risk scores for millions of IP addresses and URLs every day. For more information, visitwww.norsecorp.com.

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Norse raises $11.4 mln

Corvus Pharmaceuticals rakes in $75 mln Series B

Burlingame, California-based Corvus Pharmaceuticals, a biopharmaceutical company focused on treating cancer, has raised $75 million in Series B funding. Rock Springs Capital Management led the round with participation from other investors that included Fidelity Management and Research Company, Blackrock, Roche Venture Fund, Cormorant Asset Management, venBio Select, Cowen Private Investments, Orbimed, Novo Ventures and Adams Street Partners. Cowen and Company advised Corvus on the transaction. PRESS RELEASE BURLINGAME, Calif.–(BUSINESS WIRE)–Corvus Pharmaceuticals, a private clinical-stage biopharmaceutical company focused on the development of novel agents targeting the immune system to treat patients with cancer, today announced that it closed a $75 million Series B financing. The transaction was led by Rock Springs Capital Management and included other leading healthcare investors such as Fidelity Management and Research Company, Blackrock, funds, accounts managed by T. Rowe Price, Jennison Associates (on behalf of certain clients), Roche Venture Fund, Cormorant Asset Management, Sphera Funds Management, venBio Select and Cowen Private Investments. Founding investors, Orbimed, Novo Ventures and Adams Street Partners also participated in the transaction. Cowen and Company served as an advisor to Corvus. “We are delighted to attract this pre-eminent group of investors, which provides the capital for Corvus to advance the development of multiple product candidates, including an expansion cohort designed Phase 1B trial that will evaluate our novel oral checkpoint inhibitor alone and in combination with another checkpoint inhibitor in several different types of cancer,” said Richard A. Miller, M.D., Chief Executive Officer of Corvus Pharmaceuticals. The proceeds will be used to expand the company’s research and development programs of multiple small molecule and antibody agents in immuno-oncology, including the initiation of a multicenter Phase 1B trial, which is expected to begin in the first quarter of 2016. About Corvus Pharmaceuticals Corvus Pharmaceuticals is a clinical-stage biopharmaceutical company focused on the development of small molecule and antibody agents that target the immune system to treat patients with cancer. These agents block or modify crucial immune checkpoints and reprogram immune T cells. A Phase 1B clinical trial evaluating its oral small molecule checkpoint inhibitor is scheduled to begin in the first quarter of 2016. For more information, visit www.corvuspharma.com.

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Corvus Pharmaceuticals rakes in $75 mln Series B

Ometria snags $2.5 mln seed

UK-based Ometria, a customer insight and marketing platform, has raised $2.5 million in seed funding. Inventure Partners led the round with participation from other backers that included SaatchInvest and Force Over Mass Capital. PRESS RELEASE LONDON, UK – 28 September 2015: Ometria (www.ometria.com), a customer insight and marketing platform built specifically for retailers and ecommerce businesses, has secured a further $2.5m in seed funding. The round was led by Inventure Partners, with participation from existing investors SaatchInvest, and new investors Force Over Mass Capital. Several strategic angels also participated, including Nickyl Raithatha, Founder and CEO at Finery London and previously Global Managing Director at Rocket Internet; Lee Hudson, COO at AppyParking; as well as Richard Fattal, UK MD at Grokker. The additional funding brings the total seed investment secured by Ometria to $5m, and will be used to increase the size of the Ometria team, and accelerate the development of Ometria’s SaaS platform. Ometria is also today announcing the launch of its retail-focused marketing automation solution, enabling ecommerce businesses and multi-channel retailers to not only better understand their customers, but to now use that understanding to power personalised automated marketing that increases engagement and drives significant additional revenue. Built on top of Ometria’s existing customer insight and predictive modelling capabilities, the marketing automation platform identifies where each customer is in their lifecycle, profiles their tastes and interests, and targets them with personalised messages to encourage them to make further purchases with that store. Recent case studies from brands such as Swoon Editions, Finisterre and MyTights have shown significant results, from a 323 per cent increase in email revenues, to a 92 per cent increase in customer reactivation. Ivan Mazour, founder and CEO of Ometria, said: “For over two years, we have given the fastest growing online brands and retailers the ability to truly understand their customers. I’m proud to announce that from today, Ometria is able to dynamically target each customer with individually personalised messages, and deliver a clear ROI without the need for any action on the part of the retailer. “I’m grateful for the validation provided by this investment round, and excited that Inventure Partners has joined our exceptional group of investors. With their support we will be able to accelerate our growth significantly, and help even more retailers increase revenues and customer engagement,” he continued. Sergey Azatyan, Managing Partner, Inventure Partners commented: “Having spoken with a number of retailers using the Ometria platform, it was clear that their offering delivered genuine value , and that their solution will be a must-have for all online businesses in the future. I look forward to joining the board and partnering with Ivan and his team to help them build Ometria into a global leader in retail marketing.” Ometria has seen 600 per cent growth year-on-year, and current customers include venture capital-backed startups such as Rad (Index), Swoon Editions (Index and Octopus) and Charlotte Tilbury (Venrex and Samos), as well as established brands such as Temperley London, John Smedley and House of Holland. The platform can be integrated in a matter of minutes, and the company provides an end-to-end solution which delivers both insight for the marketing team, and automated personalised communication which drives revenue and produces a significant return on investment. Existing investors in Ometria include Huddle founders Alastair Mitchell and Andy McLoughlin, Skimlinks founders Alicia Navarro and Joe Stepniewski, QXL founder Tim Jackson, Kelkoo founder Phil Wilkinson, as well as a number of other prominent technology founders, executives and angel investors. About Ometria: Ometria (www.ometria.com) is a leader in retail and ecommerce marketing, providing a SaaS solution which helps multichannel and online retailers use data to better understand their customers, and send personalised automated messages which increase engagement and drive additional revenue. Ometria was founded by serial entrepreneurs Ivan Mazour, Djalal Lougouev, James Dunford Wood and Alastair James, and is used by over a hundred retailers and ecommerce sites such as Swoon Editions, Rad, Charlotte Tilbury, Temperley London, John Smedley and House of Holland. The company is based in Mayfair, London and is backed by prominent VCs and investors, such as InVenture Partners, SaatchInvest, as well as founders and executives from Huddle, Skimlinks, Shutl, QXL, Kelkoo, Forward, Finery London and Wolf & Badger. About Inventure Partners: Inventure Partners (http://inventurepartners.com/) is an innovative investment fund focused on funding disruptive technology startups. The fund looks for teams with a novel approach to business models, and companies that are able to solve real problems and remove inefficiencies in the market. Inventure Partners backs a wide range of ventures across the technology industry, and the fund’s portfolio currently includes on-demand service Gett (GetTaxi), leader in US telehealth American Well, long-distance bus tickets platform Busfor, and others.

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Ometria snags $2.5 mln seed

Monroe Capital provides loan for Hammond, Kennedy’s buy of Partners in Leadership

Monroe Capital LLC said Tuesday that it provided a loan to support Hammond, Kennedy, Whitney & Company Inc.’s buy of Partners in Leadership Inc. Financial terms weren’t announced. Temecula, California-based Partners in Leadership provides accountability and cultural transition training services to companies. PRESS RELEASE September 29, 2015 06:00 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a unitranche credit facility to support the acquisition of Partners in Leadership, Inc. (“PIL”) by private equity sponsor, Hammond, Kennedy, Whitney & Company, Inc. Based in Temecula, California, PIL is a leading provider of accountability and cultural transition training services to blue-chip companies in more than 42 countries. The company’s training ties accountability for key organizational results directly to individual work objectives and enables organizations to define and create needed shifts in the way their people go about achieving results and creating a culture of accountability. About Monroe Capital Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors. Monroe has been recognized by Global M&A Network as the 2013 and 2014 Small Mid-Market Lender of the Year, Private Debt Investor as the 2013 Unitranche Lender of the Year and 2014 Senior Lender of the Year, and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. To learn more about Monroe Capital LLC, visit www.monroecap.com.

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Monroe Capital provides loan for Hammond, Kennedy’s buy of Partners in Leadership