• essDOCS Acquires TradeCert September 22, 2017 10:52 am
    essDOCS, a Valletta, Malta-based paperless trade company, acquires TradeCert, a Galway, Ireland-based provider of electronic Certificates of Origin. The amount of the deal – completed through essDOCS Ventures, the Group’s investment and partnership arm – was not disclosed. The acquisition will enhance essDOCS’ expertise and solution capabilities in eCertification.  essDOCS now operates a large eCO […]
    FinSMEs
  • Coredinate Secures €1.9M in Follow-On Financing September 22, 2017 10:45 am
    Coredinate, an Uffenheim, Germany-based software-as-a-service (Saas) company that specializes in solutions for security, maintenance and cleaning firms, closed €1.9M in financing. Backers included High-Tech Gründerfonds, Bayern Kapital, BayernKapital Innovationsfonds ERFE, MWN Equity Investment GmbH. The company intends to use the funds to advance product development and step up its sales and marketing activities. Led by […]
    FinSMEs
  • General Catalyst Adds Holly Maloney McConnell to Investment Team September 22, 2017 10:19 am
    General Catalyst, a Boston, NYC, Palo Alto & San Francisco-based venture capital firm, added Holly Maloney McConnell to the investment team. Maloney McConnell joined the firm as a Managing Director based in Boston where she will focus on investing in later-stage companies and supporting the entrepreneurs who are building them. She brings to the firm […]
    FinSMEs
  • iHear Medical Closes $2.3M Financing September 22, 2017 10:03 am
    iHear Medical, a San Leandro, CA-based provider of direct-to-consumer hearing aid solutions, raised $2.3M in convertible debt financing. The round was led by a syndicate led by Ameritas Life Insurance Corp., Aphelion Capital, and Lighthouse Capital. The proceeds of the financing will be used to expand sales into major retailers and wholesalers after the passing […]
    FinSMEs
  • Venture Capital Firm Lightstone Ventures Raises $250M for Third Fund September 22, 2017 9:57 am
    Lightstone Ventures, a Boston, Menlo Park, Dublin, and Singapore-based global venture capital firm, raised $250m for Lightstone Ventures II, L.P. (LSV II). With LSV II, an over-subscribed fund that exceeded its target of $200 million, Lightstone Ventures will continue to focus on early-stage therapeutic opportunities across the life sciences sector. The goal is to fund […]
    FinSMEs
  • Waud Capital Partners with Vincent Bradley to Launch $100M Investment Initiative September 22, 2017 9:51 am
    Waud Capital Partners, a Chicago, IL-based growth-oriented middle market private equity firm, has entered into a partnership with Vincent Bradley, a healthcare industry executive, to pursue investments in the multi-site healthcare industry. Waud Capital has initially committed $100m of equity capital to this initiative. Together, the firm and Mr. Bradley plan to establish a platform […]
    FinSMEs
  • Clearcover Raises $11.5M in Initial Funding September 22, 2017 8:46 am
    Clearcover, a Chicago, IL-based car insurance provider, raised $11.5M in its initial funding round. The round was led by Lightbank, with participation from Greycroft Partners, 500 Startups, Silicon Valley Bank, and other insurance and fintech investors. The company intends to use the funds to scale up partnerships and launch their first product line, car insurance, […]
    FinSMEs
  • ClearMetal Secures $9M in Series A Funding September 22, 2017 8:39 am
    ClearMetal, a San Francisco, CA-based predictive logistics company, secured $9m in Series A funding. The round was co-led by Prelude Ventures and Eric Schmidt’s Innovation Endeavors, with additional investment from New Enterprise Associates, SAP.iO, PSA unboXed, DCLI and the founder of GT Nexus. The company intends to use the funds to further expand its platform. […]
    FinSMEs
  • Landos Biopharma Raises $10M in a Series A Financing September 22, 2017 8:34 am
    Landos Biopharma, Inc., a Blacksburg, VA-based biopharmaceutical company focused on developing improved treatments for autoimmune diseases, raised $10m in a Series A financing. The round was led by life sciences investment management firm Perceptive Advisors, LLC. The company intends to use the funds to complete remaining IND-enabling studies, file an IND for BT-11 in 2018 […]
    FinSMEs
  • F-Prime Capital Adds Joshua Grass as Entrepreneur-in-Residence September 21, 2017 11:30 pm
    F-Prime Capital, a Cambridge, MA-based global venture capital firm focused on investments in healthcare and technology, added Joshua Grass as entrepreneur-in-residence. Mr. Grass will primarily focus on advancing life sciences company-creation activities at F-Prime. Prior to joining F-Prime, Mr. Grass spent 15 years, most recently as senior vice president of business and corporate development, at […]
    FinSMEs
  • Rokk3r Fuel Adds Salim Ismail as General Partner September 21, 2017 11:27 pm
    Rokk3r Fuel, a global venture capital firm based in Miami, announced today that Salim Ismail, a technologist and thinker on exponential organizations (ExO), has joined the firm as a general partner. Mr. Ismail is Chairman of the Fastrack Institute in Miami, as well as Chairman of ExO Works, which he founded. He is the Founding […]
    FinSMEs
  • KPCB China Venture Capitalists Launch China Creation Ventures September 21, 2017 11:18 pm
    KPCB China veterans have launched China Creation Ventures, a new venture capital firm to identify and cultivate more early-stage Chinese startups. Founded in April 2017 by Zhou Wei, former Managing Partner at Kleiner Perkins Caufield & Byers (KPCB) China, China Creation Ventures (CCV) intends to invest in promising Chinese startups with technology innovation. In less […]
    FinSMEs
  • Cogitativo Raises $5M in Series A Financing September 21, 2017 11:09 pm
    Cogitativo, Inc., a Berkeley, Calif.-based machine learning and data-science-as-a-service company for healthcare organizations, closed a $5m Series A funding round. HCSC Ventures, Inc., a wholly-owned subsidiary of Health Care Service Corporation which specializes in investments in innovative health care companies, made the strategic investment. The company intends to use the funds to expand its product […]
    FinSMEs
  • Knightscope Raises $15M in Series B Funding September 21, 2017 8:45 pm
    Knightscope, a Mountain View, Calif.-based developer of advanced physical security technologies focused on significantly enhancing U.S. security operations, raised over $15m in its $20m Series m Preferred Stock offering. Over 4,000 investors participated in this financing via SeedInvest, which is in addition to the over $14m closed in the company’s previous three financings. The last […]
    FinSMEs
  • Activehours Raises $39M in Funding September 21, 2017 8:24 pm
    Activehours, a Palo Alto, CA-based provider of a mobile app that lets people access their pay directly from their smartphones, raised $39m in funding. The round was led by Andreessen Horowitz, with participation from Matrix Partners, Ribbit Capital and March Capital Partners. The company intends to use the funds to expand the team and further […]
    FinSMEs
  • Verkada Closes $3.9M Seed Funding September 21, 2017 6:29 pm
    Verkada, a San Mateo, California-based enterprise physical security company, raised $3.9M in seed funding. The round was led by First Round Capital with participation from several angel investors, including Stanford professor Hector Garcia-Molina. The company intends to use the funds to support general availability for the D30 and D50 and to continue growing their team […]
    FinSMEs
  • Salesforce Ventures Launches $50M Fund Focused on AI September 21, 2017 5:42 pm
    Salesforce Ventures, the corporate venture capital arm of Salesforce [NYSE: CRM], has launched a new $50m fund focused on accelerating the development of AI solutions on Salesforce. The Salesforce AI Innovation Fund will help accelerate the development of transformative AI solutions that extend and complement Salesforce. According to John Somorjai, EVP of Corporate Development and […]
    FinSMEs
  • IXcellerate Receives $15M Convertible Loan with Goldman Sachs September 21, 2017 4:40 pm
    IXcellerate, a London, UK and Moscow, Russia-based operator of a commercial datacenter in Russia, signed a $15m convertible loan agreement with Goldman Sachs. Goldman Sachs has become the third key investor in IXcellerate (together with IFC and Sumitomo Corporation) and will hold approximately 25% of shares following conversion. The total sum of funding that the […]
    FinSMEs
  • Cygilant Raises $7M in Growth Funding September 21, 2017 4:31 pm
    Cygilant (FKA EiQ Networks), a Boston, MA-based developer of hybrid security as a service, raised an additional $7m in growth funding. Arrowroot Capital, a growth equity firm based in Santa Monica, California, led this round. The company, which has raised $38m in total funding to date, will use the new funds to accelerate development of […]
    FinSMEs
  • Wevo Raises $1.6m in Seed Funding September 21, 2017 4:13 pm
    Wevo, a Boston, MA-based artificial intelligence and crowdsourcing technology startup, raised $1.6m in seed funding. Backers included: – Will Graylin, Global GM of Samsung Pay; – Frank Moss, former Director of the MIT Media Lab; – David Chang, Entrepreneur and Angel Investor; – Tom Rutledge, Head of Fixed Income at Magnetar Capital, and – others. […]
    FinSMEs
  • Next Coast Ventures Announces Three New Additions September 21, 2017 2:30 pm
    Next Coast Ventures, an Austin, TX-based technology-focused venture capital firm, has added an Entrepreneur in Residence and two venture partners. In particular, the firm has added Paul Rogers and Jim Dunham as Technology Venture Partners, who will serve as mentors to the tech entrepreneurs of the fund’s portfolio, as well as advisors to the fund’s […]
    FinSMEs
  • ViralGains Raises $13.5M Series B Funding September 21, 2017 2:19 pm
    ViralGains, a Boston, MA-based video advertising journey platform, secured $13.5m in Series B equity and debt funding. The funding includes $10m in equity capital from new investors First Analysis and Origin Ventures and existing venture investors including Stage 1 Ventures, Pallasite Ventures and LaunchCapital. In addition, the company closed $3.5m in debt funding from Square […]
    FinSMEs
  • Mira Secures $1M in Funding September 21, 2017 1:59 pm
    Mira, a Los Angeles, CA-based mobile augmented reality company, secured $1m in funding. The round, was led by Greylock Partners, Founders Fund Angel and Macro Ventures. The company, which has raised $2.5m in total funding to date, intends to use the funds to provide more resources to the developer community and bolster its content partnership […]
    FinSMEs
  • Hyperloop One Closes $85M Series B-1 Funding Round September 21, 2017 1:50 pm
    Hyperloop One, the Los Angeles, CA-based company that has built a full-scale Hyperloop system, closed an $85m Series B-1 funding round. This round brings the total financing raised by Hyperloop One to $245m since its founding in 2014. Backers included Caspian VC Partners as a part of Summa Group, OurCrowd.com, GE Ventures, WTI and Khosla […]
    FinSMEs
  • Tuition.io Raises $7M in Series B Funding September 21, 2017 12:43 pm
    Tuition.io, a Santa Monica, CA-based employer-funded student loan repayment assistance platform, raised $7m in Series B funding. The round was led by Wildcat Venture Partners with participation from existing investors Mohr Davidow Ventures and MassMutual Ventures LLC, the corporate venture capital arm of Massachusetts Mutual Life Insurance Company. The company, which has raised a total […]
    FinSMEs
  • Bastille Raises $27M in Series B Funding September 21, 2017 12:30 pm
    Bastille, a San Francisco, CA-based provider of an enterprise threat detection platform working through software-defined radio, raised $27M in Series B funding. Backers included Bessemer Venture Partners, Spinnaker VC, Comcast, Keel Funds, Ballentine Partners, and individual investors. The company, which has now raised $40M in total funding to date, intends to use the funds to […]
    FinSMEs
  • Acast Secures $19.5M Series B Funding September 21, 2017 12:12 pm
    Acast, a Stockholm, Sweden-based technology platform for on-demand audio and podcasting, secured a $19.5m Series B funding. Backers included Swedbank Robur funds Ny Teknik and Microcap as well as Norron Asset Management’s funds Target and Select, as well as Bonnier Growth Media, MOOR Capital, Alfvén & Didrikson, the CNI Network, and Inbox Capital. The company, […]
    FinSMEs
  • 10x Future Technologies Raises £34m in Series A Funding September 21, 2017 11:59 am
    10x Future Technologies, a London, UK-based financial transformation business, raised £34m in Series A funding. The round was led by Ping An with participation from global management consulting firm Oliver Wyman. The company intends to use the funds to further build out its offering and expand its global reach. Founded in 2016 by former Barclays […]
    FinSMEs
  • Luno Closes US$9M Series B Funding September 21, 2017 9:50 am
    Luno, a London, UK- and Singapore-based global digital currency company, closed US$9m Series B funding. The round was led by Balderton Capital with participation from AlphaCode, the fintech investment arm of Rand Merchant Investment Holdings, Digital Currency Group, Naspers and Venturra Capital. The company intends to use the funds to continue to develop the technology […]
    FinSMEs
  • Ambyint Raises $11.5M in Series A Funding September 21, 2017 9:33 am
    Ambyint, a Houston, Texas-based provider of an AI-driven oil and gas artificial lift and production optimization platform, raised $11.5m in Series A funding. The round was led by Mercury Fund with participation from GE Ventures, Statoil Technology Invest, and Cottonwood Venture Partners. The company intends to use the funds to expand deployments of its solutions […]
    FinSMEs

Advertisements