Portfolio News
Dealflow
The Daily Deal
George White
12 August 2008
Marketo
San Mateo, Calif., lead management software company Marketo Inc. has secured $8 million in Series B funding. The round was led by Storm Ventures of Menlo Park, Calif., with participation from existing investor InterWest Partners, also of Menlo Park. The funding allows Marketo to expand sales and marketing in North America and internationally, as well as invest in its operations and services. Launched in March 2008, Marketo's software automates and measures lead-management activities.
Biotech
Follica
Boston's Follica Inc., a developer of therapies for androgenetic alopecia and other hair follicle disorders, has closed an $11 million Series B financing. Polaris Venture Partners of Waltham, Mass., led the financing, joined by existing investors InterWest Partners of Menlo Park, Calif., and PureTech Ventures of Boston. Androgenetic alopecia is male and female pattern hair loss. Unlike available treatments that attempt to retain or reactivate existing follicles, the company's technology has the potential to stimulate entirely new hair follicles.
