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Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.

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Cloudbeds closes $150M Series D

San Diego-based hospitality platform closed a $150 million Series D led by new investor 2. The round also includes investments by Echo Street, and returning investors , and .

Cloudbeds’ cloud-based hospitality management software integrates with host and independent hoteliers to give them tools to help with operations, revenue management, marketing and more.

Founded in 2012, Cloudbeds has now raised $253 million to date.

— Chris Metinko

Prilenia raises $43M

, a  Dutch clinical-stage biotech company focused on developing novel treatments for neurodegenerative and neurodevelopmental disorders, announced that it has raised $43 million in a Series B financing round led by , , and . The company is based in the Netherlands, Israel and Boston.

—ÌýJoanna Glasner

BrainCheck raises $10M Series B

Houston- and Austin-based , a provider of mobile interactive testing for cognitive health, raised $10 million in a Series B funding round led by and . The company’s platform is used in over 400 neurology, primary care and geriatrics practices involved in diagnosis and treatment of cognitive impairment and dementia.

—ÌýJoanna Glasner

Biotech

Gro Biosciences raises $25M: Boston-based , a biotechnology startup focused on protein therapeutics, raised $25 million in a Series A financing led by and . The capital raised will go toward development of the GRO platform, expanded bioprocess manufacturing, and initial studies of its protein therapeutics to treat autoimmune and metabolic diseases.

—ÌýJoanna Glasner

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