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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

Venture capital deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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September 24, 2013, 3:46 PM ET

Flipboard, a Palo Alto, Calif.-based social reading magazine for tablets, has raised $50 million in new VC funding at around an $800 million valuation. AllThingsD first reported the news, which Fortune has since confirmed. Rizvi Traverse Management and Goldman Sachs co-led the round, and was joined by return backers like Insight Venture Partners (taking more than its pro rata), Kleiner Perkins Caufield & Byers and Index Ventures. www.flipboard.com

Practice Fusion, a San Francisco–based free electric medical records platform, has raised $70 million in Series D funding. Kleiner Perkins Caufield & Byers led the round, and was joined by OrbiMed Advisors, Deerfield Management Company and return backers like Artis Ventures. Practice Fusion previously raised around $64 million from Artis, Morgenthaler Ventures, Felicis Ventures, Band of Angels, Glynn Capital, Founders Fund, SV Angel and Barton Asset Management.www.practicefusion.com

UniversityNow, a San Francisco-based post-secondary education company with two accredited universities, has raised $19 million in Series C funding. Bertelsmann SE & Co. and First Analysis Corp. co-led the round, and were joined by return backers University Ventures, Novak Biddle Venture Partners, Kapor Capital, and Bronze Investments. The company has now raised a total of $42 million.www.unow.com

NGdata, a San Francisco-based provider of customer intelligence management solutions, has raised $3.3 million in new VC funding. Capricorn Venture Partners led the round, and was joined by return backer Sniper Investments. www.ngdata.com

SimilarGroup, an Israel-based provider of online traffic measurement tools, has raised $3.5 million in new Series B funding from individual angels. www.similargroup.com

Synthace, a London-based applied synthetic biology startup, has raised £1.3 million in seed funding led by Sofinnova Partners’ Green Seed Fund. www.Synthace.com

AIQ Inc., a Clifton, N.J.-based provider of financial advisor directories and related information services, has raised an undisclosed amount of equity funding from the Stonehenge Growth Equity Innovate NY Fund. www.AdviceIQ.com

Black House & Co. LLC, a Boston-based provider of a co-working space for startups and independent professionals, has raised an undisclosed amount of funding from Beamonte Investments.www.beamonteinvestments.com

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