Iris Dorbian

SmartInvest Ventures amasses over $11.5 mln for maiden fund

Wilmington, Delaware-based SmartInvest Ventures has raised over $11.5 million for its debut fund, according to an SEC filing. The target is $20 million.

Quinyx lands $25 mln

Quinyx, a cloud provider of workforce management solutions, has raised $25 million in funding. Alfvén & Didrikson, Battery Ventures and Zobito led the round.

BenchPrep nabs $20 mln Series C

Chicago-based BenchPrep, a provider of an advanced white-label online learning platform for education and training organizations, has secured $20 million in Series C funding. Jump Capital and Owl Ventures led the round.

Wing Venture Capital hires Chokshi as talent partner

Wing Venture Capital has named Sunil Chokshi as a talent partner. Previously, Chokshi worked at Andreessen Horowitz where he was a partner on the executive talent team since 2013.

BRV leads Series A round for AlwaysAI

San Diego-based AlwaysAI, which provides deep learning computer vision to embedded devices, has secured $4 million in Series A funding. BRV led the round.

Rubrik procures $261 mln Series E

Palo Alto, California-based Rubrik, a cloud data management company, has raised $261 million in Series E funding. The investors were Bain Capital Ventures, Lightspeed Venture Partners, Greylock Partners, Khosla Ventures and IVP.

Chronicled pulls in $16 mln Series A

San Francisco-based Chronicled Inc, a provider of enterprise blockchain-powered supply chain ecosystems, has raised $16 million in Series A funding. Mandra Capital led the round with participation from Streamlined Ventures, The Perkins Fund, Frank Fiore and David Aho.

Volvo Group Venture Capital backs Momentum Dynamics

Volvo Group Venture Capital AB, a subsidiary of the Volvo Group, has made an investment in Philadelphia-based Momentum Dynamics Inc, a provider of high power wireless charging of electric vehicles. No financial terms were disclosed.

Australis invests $3 mln in Folium

Australis Capital, a cannabis-focused investment firm has provided $3 million to Folium Biosciences. Based in Colorado Springs, Colorado, Folium is a producer, manufacturer and distributor of hemp derived phytocannabinoids.

Battery Ventures promotes three to principal and one to VP

Battery Ventures has made a number of promotions. Logan Bartlett, Sanjiv Kalevar and Shiran Shalev have become principals while Justin Rosner is now a vice president.