Secure messaging platform TigerText raised $21 million in second round funding to expand its business. Shasta Ventures led the round, with new investors OrbiMed, Reed Elsevier Ventures, and TELUS Corporation also contributing. Existing investors Easton Capital, New Leaf Venture Partners, and New Science Ventures made up the rest of the round.
"[Shasta Ventures] have a really significant...
Treato, an Israeli company that scours thousands of social media sites to glean patient insights about pharmaceuticals and treatments, has landed $14.5 million in new capital. OrbiMed Israel Partners and New Leaf Venture Partners led the round of funding, which also included previous investors Reed Elsevier Ventures and Western Technology Investments, the company says.
Treato, of Yehud, Israel,...