Venture capital deals

February 13, 2013, 8:27 PM UTC

On Deck, a tech platform for making loans to small and medium-sized businesses, has raised $42 million in Series D funding. Institutional Venture Partners led the round, and was joined by return backers RRE Ventures, SAP Ventures and First Round Capital.

Cylance, a Newport Beach, Calif.-based cyber-security startup founded by ex-McAfee CTO Stuart McClure, has raised $15 million in new VC funding co-led by Khosla Ventures and Fairhaven

Infinio, a Cambridge, Mass.-based virtual storage performance startup, has raised $10 million in Series A funding from Highland Capital Partners and Bessemer Venture Partners. The company previously raised $2 million in seed funding from Lightspeed Venture Partners, Founder Collective, the NYC Seed Fund and individual angels.

Persado, a New York-based developer of marketing persuasion software, has raised $15 million in Series A funding led by Bain Capital Ventures. The round has helped Persado spin out from Upstreeam Systems.

Verve Mobile, an Encinitas, Calif.-based mobile advertising platform for national and local media, has raised $14 million in third-round VC funding. Nokia Growth Partners and Qualcomm Ventures were joined by return backer BlueRun Ventures.

Storenvy, a San Francisco-based custom storefront builder and social marketplace, has raised $5 million in Series A funding. Intel Capital and Spark Capital co-led the round, and were joined by First Round Capital.

DriveCam Inc.
, a San Diego-based provider of solutions for reducing commercial fleet accidents and improving fuel consumption, has raised an undisclosed amount of strategic funding from Volvo Group Venture

Morta Security, a Palo Alto, Calif.-based cyber-security startup, has raised an undisclosed amount of first-round funding. Backers include Andreessen Horowitz, Greylock Partners, Norwest Venture Partners, Data Collective, Larry Link and Peter Wagner.

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