EdgeCast Networks, a Los Angeles-based content delivery network, has raised $54 million in new VC funding. Performance Equity Management led the round, and was joined by return backers Menlo Ventures and Steamboat Ventures. www.edgecast.com
NGM Biopharmaceuticals Inc., a South San Francisco-based developer of obesity and diabetes drugs, has raised $50 million in Series C funding. Topspin Fund was joined by return backers The Column Group, Prospect Venture Partners, Rho Ventures and Tichenor Ventures. The company has now raised a total of $130 million. www.ngmbio.com
VelociData Inc., a St. Louis-based provider of “engineered solutions for data transformation and data quality,” has raised $10 million in new financing. Former Motorola CEO Christopher Galvin led the round, and was joined by return backers Bush O’Donnell and NewSpring Growth Capital. www.velocidata.com
Kapost, a Boulder, Colo.-based content marketing software platform, has raised $5.6 million in new VC funding. Lead Edge Capital and Floodgate were joined by return backer High Country Venture.www.kapost.com
Objective Logistics, a Cambridge, Mass.-based restaurant wait-staff management and performance platform, has raised $5.3 million in second-round funding. Atlas Venture led the round, and was joined by fellow return backers Google Ventures and NextView Ventures. Read more.
Chairish a San Francisco-based online marketplace for pre-owned home furnishings,, has raised $3.2 million in seed funding from Azure Capital Partners and O’Reilly AlphaTech Ventures. www.chairish.com
TB Biosciences Inc., a Bethlehem, Penn.-based developer of a rapid point-of-care tuberculosis test, has raised $1.5 million in Series A funding. Originate Ventures led the round, and was joined by Ben Franklin Technology Partners and the NYU Innovation Venture Fund. www.TBBiosciences.com
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