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The week ending on 13th June was a celebration for some companies, which were successful in raising the funds – and that also, in millions of dollars!

First of all, The Deals of the Week about the companies that raised more than $50 millions. Sunnova Energy, Okta and Aduro Biotech.

“Deals of the Week” Sunnova Energy Raised $145M

Houston based Sunnova Energy, which is a provider of solar service to homeowners across the America, secured $145 million in financing. Through this round of financing, Sunnova intends to accelerate customer acquisition and market growth.

Chairman and CEO of Sunnova Energy, John Berger said that he is proud to be joined by very successful energy investors and institutions and on top of financing this round has attracted a wealth of entrepreneurial talent and business insights.

Identity Management Solution Provider Okta Raised $75M

Okta, a San Francisco, CA-based provider of identity management solutions, raised $75M in Series E financing.

Sequoia Capital led this round with participation from existing investors Andreessen HorowitzGreylock Partners, and Khosla Ventures, and new investors Janus Capital Group and Altimeter Capital. Pat Grady from Sequoia Capital will join Okta’s Board of Directors.

Biotech Company Aduro BioTech Raised $55M

Aduro BioTech, Inc., a Berkeley, CA-based clinical-stage biotechnology company, closed a $55M Series C financing. With this round, JJDC (Johnson & Johnson Development Corporation) joined the Morningside group and other investors taking the total raised funds to $184 million to date.

Notable VC Investments – 09-13 June 2014

Other four companies, Zags (formerly Insurance Global Operations), SiSense, TrackingPoint and Visier secured between $25m – $30M of funding. Have a look at below table for date wise notable investments of the week.

Date Name Amount Series
10 Jun 2014 Visier

$25.5M

C

11 Jun 2014 Sunnova Energy

$145M

11 Jun 2014 Okta

$75M

E

11 Jun 2014 Zags

$30M

12 Jun 2014 Aduro Biotech

$55M

C

12 Jun 2014 SiSense

$30M

13 Jun 2014 TrackingPoint

$29M

D

 






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