Silk Road Medical Inc. has raised $120 million in an initial public offering that then proceeded to climb by more than 80% in its first day of trading. The Sunnyvale, Calif.-based company priced 6 million shares at the top of its stated range at $20 each; initial trading on April 4 (NASDAQ:SILK) pushed the stock price above $36. Read More
Philadelphia-based Healthverity Inc. reported it closed a $25 million series C investment round led by existing investor Foresite Capital. Other major investors included Flare Capital Partners and Greycroft. The new investments bring Healthverity's total venture capital funding to $42.3 million and will be used to further develop the company's health care data platform and expand its marketing. Read More
