Venture capital deals

May 17, 2013, 7:13 PM UTC

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.

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

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.

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.).

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

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

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.

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.

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