Greycroft has closed its oversubscribed second growth equity fund at a hard cap of $250 million. Greycroft Growth II will focus on making expansion rounds from the firm’s existing early stage venture funds as well as make new investments. As a result of this fund-closing, the venture firm currently manages more than $1 billion, according to Greycroft. Also, Greycroft has promoted Dylan Pearce to partner.
3 min read · 09 February 2017
SpringCM, a document and sales contract management solutions for Salesforce customers, has raised $25 million in funding. The investors included Crestline Investors Inc and Foundation Capital. Union Square Advisors served as financial adviser to SpringCM on the transaction. In conjunction with the funding, SpringCM has appointed Dan Dal Degan as its new CEO.
3 min read · 09 February 2017
San Francisco-based SpaceKnow Inc, a provider of satellite imagery analysis, has secured $4 million in Series A funding. BlueYard Capital and Reflex Capital led the round. In conjunction with the funding, Jason Whitmire, a partner at BlueYard, has been added to the SpaceKnow board of directors.
3 min read · 09 February 2017
Xeneta, an ocean freight benchmarking and market intelligence software platform, has secured $12 million in a Series B funding. Smedvig Capital led the round with participation from other backers that included Creandum and Alliance Venture. In addition to the funding, Rob Toms, a managing director at Smedvig, has been added to Xeneta’s board of directors.
1 min read · 09 February 2017
Demisto Inc, a provider of security operations technology, has raised $20 million in Series B funding. The investors included Accel and Slack Fund. In conjunction with the funding, Demisto has named ClearSky Managing Director Jay Leek to its board of directors.
1 min read · 09 February 2017
Cambridge, Massachusetts-based CareDash.com, an online healthcare portal, has raised almost $2 million in funding, which includes nearly $1 million in venture debt financing and an additional $1 million line of credit led by Link Ventures. In addition to the financing, the company recently named Ted Chan to its board of directors.
1 min read · 09 February 2017
Pleasanton, California-based Evident.io, a provider of cloud infrastructure security services for Amazon Web Services, has secured $22 million in Series C funding. GV led the round with participation from return backers Bain Capital, True Ventures and Venrock.
3 min read · 09 February 2017
ManchesterStory Group, has raised $31 million for its initial venture fund, according to an SEC filing. The target is $125 million. Based in Des Moines, Iowa, ManchesterStory Group will focus on the financial tech, insurance tech and healthcare sectors.
1 min read · 08 February 2017
Artemest, an Italian luxury online marketplace, has secured $1.2 million in seed funding. Italian Angels for Growth led the round.
1 min read · 08 February 2017
Chicago-based Rippleshot, a fraud analytics firm, has secured $2.6 million in funding. KDWC led the round with participation from other backers that included CMFG Ventures. In addition to the funding, Rippleshot has named Gloria Colgan to its advisory board.
3 min read · 08 February 2017
