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The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament

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The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament

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The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

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A Trump Account could make your kid a millionaire by 45—but financial experts say the app's projections come with a catch

Venture capital deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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January 16, 2013, 3:21 PM ET
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Lynda.com, a Carpinteria, Calif.–based online learning company and video library, has raised $103 million in equity funding from Accel Partners, Spectrum Equity Investors and Meritech Capital Partners. www.lynda.com

PICS Auditing LLC, an Irvine, Calif.-based provider of contractor prequalification and compliance SaaS solutions, has raised $35 million in equity funding from Norwest Venture Partners .www.picsauditing.com

Versartis Inc., a Redwood City, Calif.-based developer of therapeutics for patients with endocrine disorders, has raised $25 million in Series C funding. Aisling Capital led the round, and was joined by return backers Index Ventures, New Leaf Venture Partners and Advent Venture Partners. www.versartis.com

OnApp, a London-based provider of software that powers enterprise cloud, CDN and storage services, has raised around $20 million in Series B funding led by LDC. www.onapp.com

Ayasdi, a Palo Alto, Calif.-based developer of an insight discovery platform that combines advanced mathematics, computer science and visualization, has raised $10.25 million in Series A funding co-led by Khosla Ventures and Floodgate Fund. www.ayasdi.com

Zettaset, a Mountain View, Calif.-based provider of secure big data management solutions, has raised $10 million in Series B funding. HighBar Ventures led the round, and was joined by DFJ and Epic Ventures. www.zettaset.com

360incentives.com, an Ontario–based provider of on-demand incentives solutions, has raised C$7.65 million in VC funding. OMERS Ventures led the round, and was joined by Klass Capital and Round 13 Capital. www.360incentives.com

UpCity (f.k.a. DIYSEO), a Chicago-based provider of solutions for small businesses looking to increase website traffic, has raised more than $2 million in second-round funding. I2a Fund, Firestarter Fund and RIME Communications Capital were joined by return backers Daylight Partners and Harris Preston & Partners. www.upcity.com

15Five, a San Francisco-based developer of a time-saving solution for employee-employer communications, has raised $1 million in seed funding from Richmond Global. Other backers include 500 Startups, Jason Calicanis, Ben Parr, Ben Ling and Matt Brezina. www.15five.com

Fusion Coolant Systems, a University of Michigan tech transfer spinout that provides a CO2 dry coolant and lubrication system for use in manufacturing, has raised $600,000 in Series A funding. The Frankel Fund led the round, and was joined by The Amherst Fund, Automation Alley, Detroit Enterprise Fund, First Step Fund and The Michigan Pre-seed Fund. www.FusionCoolant.com

LoopIt,
a Cambridge, Mass.-based developer of a social conversation engine for ecommerce, has raised an undisclosed amount of new VC funding led by Avalon Ventures. www.loopit.com

Symform, a Seattle-based provider of a cloud storage network, has raised an undisclosed amount of funding from Second Century Ventures, the venture arm of the National Association of Realtors. This was part of a previously-announced $11 million Series B round from WestRiver Capital, OVP Venture Partners and Longworth Venture Partners. www.symform.com

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