In this morning’s Web roundup, Kleiner Perkins Caufield & Byers has led a $10.5 million Series A round in Hixme Inc., Quartet Medicine Inc. has increased its Series A round to $23.25 million, and Inventables Inc., a Chicago startup that makes 3-D carvers and design software, has raised $5 million in Series B funding.
US-based employee health insurance platform startup, HixMe, has raised $10.5m in a Series A funding round, lead by Kleiner Perkins. Hixme is a technology-enabled platform which helps employers transition from the current group benefits model, to a true, market-based private exchange, made possible by the Affordable Care Act. HixMe is led by Denny Weinberg, co-founder of WellPoint, an insurer which merged with Anthem over ten years ago.