Set-up and largely funded by GlaxoSmithKline and Avalon Ventures, pharmaceuticals company Sitari has raised $10m in a series A round.

3D gaming company Extreme Reality raises $10m in a D round from Marker LLC and a unnamed, strategic partner.

Alpine Data Labs, a developer of data analysis tools for big data, has raised $16m in a series B round from UMC Capital, Robert Bosch Venture Capital, Sierra Ventures and Mission Ventures.

Signpost, a Google-backed mobile marketing platform for small and medium-sized businesses, raises $10m series B funding.

Performance management software startup Xangati has raised $11m in a series C funding round led by HighBar Partners with participation from Citrix Systems.

Online shopping club Westwing receives backing from German retailer Tengelmann with ambitions for it to lead the 'Home and Living' retail sector.

MIT-linked startup LittleBits lands $11.1m from a number of venture backers for toy electronics.