Published: Feb 17, 2021
SAN FRANCISCO, Feb. 17, 2021 (GLOBE NEWSWIRE) Excision BioTherapeutics Inc. (“Excision”), a leading developer of potentially curative CRISPR anti-viral therapies to improve patient lives, today announced the completion of a $60 million financing. The proceeds will be used to advance Excision’s lead candidate, EBT-101, into a Phase 1/2 clinical trial in patients with chronic HIV infection. The financing will also support preclinical programs including EBT-103 targeting JC Virus for Progressive Multifocal Leukoencephalopathy (PML), EBT-104 for Herpes Simplex Virus, and EBT-107 for Hepatitis B.
The financing round was led by GreatPoint Ventures with support from existing investor ARTIS Ventures. New investors include Adjuvant Capital, Norwest Venture Partners, Anzu Partners, Cota Capital, WRVI Capital, IndusAge Partners, Loreda Holdings, and Olive Tree Capital. Ashok Krishnamurthi, Managing Partner at GreatPoint Ventures, will join the Board of Di
Moving Minds to Relocate Global Headquarters to Palm Beach County
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Simpplr Named to Constellation ShortList™ for 2021 Employee Digital Workspaces
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Research names Simpplr to a shortlist for digital workspaces.
“We’re excited to be recognized by a top technology research firm for the sixth time in row.” said Dhiraj Sharma, Simpplr Co-Founder, and CEO. “During a prolonged period of remote work, Simpplr aims to help organizations to stay connected, engage employees, and align their communication.” REDWOOD CITY, Calif. (PRWEB) February 11, 2021 Simpplr today announced it was named to the Constellation ShortList™ for Employee Digital Workspaces in Q1 2021. The technology vendors and service providers included in this program deliver critical transformation initiative requirements for early adopter and fast follower organizations. Simpplr has been recognized by the Constellation ShortList in the Digital Workspaces for the sixth consecutive time.
‘Headless’ e-commerce platform Fabric raises $43M
Fabric, a startup powering e-commerce for companies like GNC and ABC Carpet and Home, has raised $43 million in Series A funding.
The announcement comes less than four months after Fabric announced its $9.5 million seed round. CEO Faisal Masud said Fabric hadn’t intended to raise more funding so quickly, but given its growth and investor interest, the startup’s leadership team had to ask, “Do we delay the growth or do we just go now?”
The answer is probably self-evident, since you’re reading this funding story. The round was led by Norwest Venture Partners, with Norwest’s Scott Beechuk joining Fabric’s board of directors. Redpoint Ventures and Sierra Ventures also participated.
Seattle-area startup Fabric raises $43M to help retailers keep up with online shopping boom
February 9, 2021 at 8:04 am
Fabric CEO Faisal Masud. (Fabric Photo)
New funding: E-commerce startup Fabric has raised $43 million to help mid-market brands that are trying to keep up with Amazon but don’t have the technical expertise or capability to build out robust e-commerce systems.
Fabric’s software: The company’s software helps retailers sell their products online. Its flexible platform is described as “headless,” or “modular commerce.” Customers such as GNC and Juicy Couture can use Fabric for their entire stack, or just pick and choose from its suite of commerce APIs to help with specific parts of a system such as product information or order management, for example.
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