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Trendingnow

1

After donating $8 billion, Steve and Connie Ballmer are spinning off their philanthropy so people closest to the work can decide how the money is spent

2

U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lender

3

Google cofounder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses

1

After donating $8 billion, Steve and Connie Ballmer are spinning off their philanthropy so people closest to the work can decide how the money is spent

2

U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lender

3

Google cofounder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses

Venture capital deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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May 17, 2013, 3:13 PM ET
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Kite Pharma Inc., a Los Angeles-based developer of targeted immunotherapies for cancer, has raised $20 million in new Series A funding. The company also converted $15 million of outstanding promissory notes into Series A preferred stock. Alta Partners led the round, and was joined by return backers like Pontifax Ltd., Commercial Street Capital, David Bonderman and Michael Milken. www.kitepharma.com

Pebble Inc.
, the smart-watch maker that was launched on Kickstarter, has raised $15 million in Series A funding from Charles River Ventures. www.getpebble.com

Skyword, a Boston-based provider of online social marketing content for large companies, has raised $6.7 million in new VC funding led by existing backer Cox Media. The company now has raised $21.1 million in total VC funding, including from firms like Allen & Co., McGraw Hill Financial and American Public Media Group. www.skyword.com

Thermedical, a Waltham, Mass.-based developer of tissue-ablation therapies, has raised $5.5 million in Series A2 funding co-led by Samuel Maslak (co-founder of Acuson Corp.) and Karl Johannsmeier(founder of Optimetrix Corp.). www.thermedical.com

OpenGeo, a New York-based developer of an open-source geospatial software platform, has raised $3 million in Series A funding from Vancouver-based Vanedge Capital. www.opengeo.org

BitPay Inc., an Atlanta-based payment processor for Bitcoin, has raised $2 million in seed funding led by Founders Fund. www.bitpay.com

Ringadoc, a West Hollywood, Calif.-based platform that enables audio and video consultations with doctors, has raised $700,000 in new seed funding. Founders Fund led the round, and was joined by Siemer VC, Telegraph Hill Group and individual angels like Practice Fusion founder and CEO Ryan Howard. www.ringadoc.com

Scarosso, a Germany-based online luxury shoe brand, has raised an undisclosed amount of Series A funding. DN Capital led the round, and was joined by IBB Venture Capital Co. and Perikles Ventures. www.scarosso.com

Sign up for Dan’s daily email newsletter on deals and deal-makers: GetTermSheet.com

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