Mike Gupta, who was the chief financial officer at Twitter Inc. when the company went public, has landed at Docker Inc., Deborah Gage reports for Dow Jones VentureWire. Mr. Gupta, a former investment banker at Merrill Lynch, also helped guide the gaming company Zynga Inc. through its IPO. Docker, one of Silicon Valley’s hottest enterprise software companies, provides “containers” that let software applications run unchanged across multiple systems, a requirement for applications that are developed for the Web. Its basic software, which is based on open source, is free, and the company has to develop services for which businesses are willing to pay. Mr. Gupta told Dow Jones VentureWire that his goal at Docker “is to build a long-term sustainable business.”
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SelectaBiosciences Inc., which seeks to stimulate and prevent immune responses to treat diseases and allergies, has $38 million. Return backer OrbiMed Advisors led the Series E round, which also drew new investors Aju IB Investment, Osage Partners, Ridgeback Capital Management, SanofiGenzyme BioVentures and Sphera Global Health Care Fund. All existing investors also participated, including Flagship Ventures, Leukon Investments, NanoDimension, Polaris Partners and Rusnano.
Idinvest Partners, the former private equity team of Allianz Group, has appointed Verena Romero Frychel as an investment director to its private debt team and Guillaume Durao as an investment director to its venture and growth team.
Laboratoris Sanifit S.L., a Spanish drug company, has raised 36.6 million euros ($41 million) to run clinical studies of a drug that could help many patients with advanced kidney disease. Ysios Capital led the Series C investment. Other participants included Baxter Ventures, Edmond de Rothschild Investment Partners, Forbion Capital Partners, Gilde Healthcare, la Caixa and Lundbeckfond Ventures.
InsideSales.com Inc., which has raised $199 million and was valued in March at about $1.5 billion, is previewing new cloud software, Predictive Cloud, that it says will let companies pull predictive capabilities into their own applications. Predictive Cloud is expected to launch next year.
(VentureWire is a daily newsletter with comprehensive analysis of all the investments, deals and personnel moves involving startups and their venture backers. For a two-week trial, visit http://on.wsj.com/DJPEVCNews, scroll to the bottom and click “try for free.”)
ELSEWHERE AROUND THE WEB:
BlackBerry to Acquire Good Technology for $425 Million. Mobile-device maker BlackBerry Ltd. said it would acquire mobile-device security company Good Technology Corp. for $425 million, The Wall Street Journal’s Ben Dummett reports. Good had struggled to complete an initial public offering. It filed to go public in May 2014, showing a string of operating losses and less than 12 months’ worth of cash at its then-current pace of cash spending and cash income.
Discern Secures $20 Million to Find Signals for Investors in a Field of Noise. Discern Group Inc., a San Francisco-based startup that specializes in finding what it calls “weak signals” that could affect financial markets, has raised $20 million in a Series A round led by Artiman Ventures, the WSJ’s Lizette Chapman reports.
Fresco News Snaps Up $1.2M to Help News Media Crowdsource Videos and Photos. As more people carry around mobile devices there is the ability to snap pictures and take video. The startup Fresco News Inc. is a New York City startup that enables local TV stations to crowdsource videos, while helping citizen journalists get their work seen beyond their own social networks. The startup has snapped up $1.2 million in funding from several seed investors and notable investors in the media space, the WSJ’s Lora Kolodny reports.
Startups Dash Into Hot Data-Storage Sector. Technology for helping store data has turned into a hot sector for startups, the WSJ’s Don Clark reports. Venture capitalists pumped more than $6 billion into 96 startups selling storage-related hardware, software and services between 2010 and the first half of 2015, according to CB Insights.