The Daily Startup: Walker & Company Raises $24 Million for Shaving Kits

Walker & Company Brands CEO and founder Tristan Walker
Walker and Company Brands

Walker & Company Brands Inc., which sells razors and shaving kits specially designed for people with coarse and curly hair, especially people of color, has raised $24 million in new funding, Scott Martin reports for Dow Jones VentureWire. The company makes a single-blade razor, called Bevel, that its sells along with accessories. The company, along with the funding news, announced that it has signed a deal to sell its items in Target stores starting next year.

Institutional Venture Partners led the Series B round of funding that had participation from Andreessen Horowitz, Collaborative Fund, Daher Capital, Felicis Ventures, Google Ventures, Upfront Ventures, media executive Stuart Goldfarb, and Melo7 Tech Partners, the investment firm of NBA star Carmelo Anthony.

ALSO IN TODAY’S VENTUREWIRE (subscription required):

Corvus Pharmaceuticals Inc., an drug company formed by the founding chief executive of Pharmacyclics Inc., has raised a $75 million financing, according to a regulatory filing.

Dataminr Inc.–which analyzes tweets and other information streams to create alerts for traders, reporters and government agencies–has named Julio Pekarovic as its chief financial officer. Mr. Pekarovic most recently worked as the CFO of Quantcast, which provides audience measurement and real-time advertising services. Mr. Pekarovic also worked as the vice president of finance at Google Inc. from 2002 to 2009.

Collibra, a data management company, announced a $23 million Series B investment round led by Index Ventures, with participation from Dawn Capital. The company, which has offices in New York and Brussels, will use the money to accelerate growth by expanding its sales and marketing operations in the U.S. and Europe, and building out its product-development and customer-relations teams.

(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:

Private-Jet Service Wheels Up Raises $115 Million. Membership-based Wheels Up Partners LLC has raised $115 million for its private-jet service, The Wall Street Journal’s Lizette Chapman reports. The startup is one of several recent entrants into the on-demand private-jet travel sector. Unlike many of its competitors, Wheels Up owns its planes and jets. Many of the on-demand services are marketplaces for travel on private jets that are owned by other companies. T. Rowe Price led the recent funding round.

Australian Software-Tools Maker Atlassian Planning U.S. IPO. Business-software tools maker Atlassian Pty. Ltd., valued at over $3 billion privately, has filed for an initial public offering, the WSJ’s Telis Demos and Douglas MacMillan report. The company filed its prospectus under the Jumpstart Our Business Startups Act, which permits companies with under $1 billion in annual revenue to file their IPO paperwork confidentially.

On-Demand Painting App Paintzen Raises $7.2 Million. The on-demand economy has proliferated, from ride-hailing to laundry services that can be summoned with an app. Paintzen Inc. has raised $7.2 million its on-demand service: house painting, the WSJ’s Lora Kolodny reports. Bullpen Capital led the Series A round, which included Angelpad, Data Point Capital, Lerer Hippeau Ventures and NextView Ventures.

Write to Mike Billings at mike.billings@wsj.com. Follow him on Twitter at @mbillings