Alastair Goldfisher

Bento for Business raises $9 mln growth round

Chicago-based Bento for Business, a provider of financial management solutions for small and mid-size businesses, announced it has raised $9 million in growth-stage funding. Edison Partners led the round. The company was founded in 2013 and previously raised $9,5 million.

Cintrifuse holds first close on $85 mln fund

Cincinnati-based Cintrifuse has raised a little more than $34 million of a targeted $85 million fund, according to a regulatory filing. The syndicate venture fund invests in early-stage funds and entrepreneurs nationwide. Its previous fund was $57 million.

CRV leads funding in Pared

San Francisco-based Pared, which operates a restaurant labor marketplace, announced it has raised $10 million in Series A funding. CRV led the round, which included seed investors Uncork Capital and True Ventures. As part of the latest funding, Saar Gur, a partner at CRV, has joined the board. The company, founded in 2015, has now raised $13 million in total funding.

Quantum Xchange announces launch, Series A

Bethesda, Maryland-based Quantum Xchange, a provider of fiber-optic network and data protection services, announced its launch and it has raised $10 million in Series A funding. New Technology Ventures led the funding. (NTV). The company is led by President and CEO John Prisco.

Unison Home Ownership raises $40 mln

San Francisco-based Unison Home Ownership Investors, a provider of home ownership investments, announced it has raised $40 million in a Series B round of funding. F-Prime Capital led the funding, joined by Citi Ventures and Royal Bank of Canada. As part of the round, David Jegen, a partner at F-Prime Capital, will join the company's board. The company was founded in 2004.

NEA leads funding in Catalog

Boston-based Catalog, which develops DNA data storage technology, announced it has raised $9 million in funding led by New Enterprise Associates. Also participating in the round are OS Fund, Day One Ventures, messaging app Line, Data Collective, Green Bay Ventures, AME Cloud Ventures, Industry Ventures and others. The company was founded by MIT scientists Hyunjun Park and Nathaniel Roquet.

M&A exits poised to surge in 2018, as fundraising also remains robust

CloudBolt raises $23 mln led by Insight Venture Partners

Rockville, Maryland-based CloudBolt Software Inc, which is developing a self-service hybrid cloud platform, announced it has raised a $23 million in Series A funding. The funding was led by Insight Venture Partners.

Finless Foods raises $3.5 mln led by Draper Associates

Berkeley, California-based Finless Foods, which uses cellular biology to make lab-grown seafood, raised a $3.5 million funding round led by Draper Associates. Other investors in the round include Softmatter VC, Starlight, U-Start Club, Blue Horizon, Hemisphere Ventures, Babel Ventures, Yakumi Investment, Olive Tree Capital and Harrison Blue Ventures. The company, founded last year by biochemists Michael Selden and Bryan Wyrwas, previously raised early funding from the San Francisco accelerator IndieBio and Hatch, a Norwegian aquaculture accelerator. Finless has also received investment from Hi-Food, an Italian company founded by food scientists.

Veterinary fintech company Scratchpay raises Series A

Los Angeles-based Scratchpay Financial, which provides financial services for the veterinary care industry, announced it has raised $6.4 million in Series A funding. The Companion Fund, a pet care-focused fund launched this year by Mars Petcare, led the round. TTV Capital, Struck Capital and SWS Venture Capital also participated in the round. Scratchpay was founded in 2016 by John Keatley and Caleb Morse.