Google-backed online marketplace for crafted goods raises $18m.

Ericsson, Red Hat, and SAP Ventures invest in second round of series A financing for openstack systems integrator.

Pharmaceutical company Abbvie helps US-based biopharmaceutical firm Avaxia Biologics raise $11.4m.

Founded in 2007, and officially launched in August 2010, the company received $9.5m in its A round in 2008 from venture capital firm DCM and Stanford's Porras joined its board in January 2011.

Roche Venture Fund reinvests as Horizon Discovery closes series C funding round at $29.1m.

The new debt facility follows a recently announced $8m of a planned $11.7m equity round.

Separately, Joel Krikston left JJDC last month to become president of RedLine Advisors.

Alongside Robert Bosch Venture Capital (RBVC) and Ascension Health Ventures (AHV) in the round were venture capital firms Springfield Investments and MVM Life Science Partners.