Boston-based OpenView Venture Partners, an expansion-stage investor which has backed Mashery and ExactTarget, among others, has filed to raise $250 million for Fund V, according to a regulatory filing. The fund is the same size as Fund IV, which was raised in 2014, according to data from Thomson Reuters.
1 min read · 02 June 2017
London-based Yoobic, a provider of an enterprise app for retailers to monitor operations in their stores, has raised $5.3 million in Series A funding. Felix Capital led the round.
1 min read · 01 June 2017
2 min read · 31 May 2017
San Francisco-based StreamSets Inc, provider of an enterprise data management platform, said it has raised $20 million in Series B funding from Accel Partners, Battery Ventures and New Enterprise Associates. The company has now raised $33 million in total funding since its launch in 2015.
1 min read · 31 May 2017
San Mateo, California-based Reali, which provides an app-enabled real estate marketplace, announced it has raised a $5 million Series A round led by Signia Venture Partners. The company previously raised $2 million in seed funding. from Liquid2 Ventures and Dragonfly Investments Group. As part of the funding, Ed Cluss, partner at Signia, has joined the board.
1 min read · 25 May 2017
Omaha, Nebraska seed-stage investor Dundee Venture Capital, which last year partnered with Lakewest Venture Partners in Chicago, has raised $30 million for its third fund, according to a regulatory filing. The filing says the commitments came from 98 investors. Dundee last year opened a new office in the Minneapolis area as part of its ongoing regional growth plan to expand in the Midwest. It focuses on e-commerce, B2B SaaS and consumer-network focused startups.
1 min read · 25 May 2017
Hamilton, New Jersey-based Billtrust, a provider of bill payment services for the enterprise, raised a $50 million funding round led by Riverwood Capital Management. As part of the funding, Francisco Alvarez-Demalde, founding partner at Riverwood, has joined the company board.
1 min read · 25 May 2017
The Prumentum Group, which provides wealth management services, announced it has $25 million in Series A funding from family offices, including the Fremont Group and the Cynosure Group. As part of its launch, Prumentum Group also announced the acquisition of a significant equity stake in Plancorp LLC, a registered investment advisory that already has $3.6 billion in assets. The Prumentum Group was founded by former Cisco executive Marthin De Beer and serial entrepreneur Robert Wallace.
1 min read · 25 May 2017
Bellevue, Washington-based Smartsheet, a provider of a SaaS platform for automating collaborative work, announced it raised $52.1 million in Series F funding. Insight Venture Partners led the round, which included previous backers Madrona Venture Group and Sutter Hill Ventures. New investor Summit Partners also participated in the round. Smartsheet has now raised more than $120 million in funding.
1 min read · 24 May 2017
New York-based PolicyGenius, which provides a consumer insurance platform, has closed a $30 million Series C round of funding. Norwest Venture Partners led the round, which included Revolution Ventures, Karlin Ventures, Susa Ventures, AXA Strategic Ventures, Transamerica Ventures, MassMutual Ventures and Fika Ventures. The company, co-founded in 2014 by CEO Jennifer Fitzgerald, has now raised $52 million in total funding. As part of the latest round, Norwest Partner Parker Barrile has joined the board.
1 min read · 24 May 2017