The Chan Zuckerberg Initiative has agreed to acquire Toronto-based artificial intelligence startup Meta. No financial terms were disclosed. Meta's backers include iGan Partners, Rho Canada Ventures and Everline Investments.
2 min read · 23 January 2017
Amplify Partners, an early-stage venture firm, has promoted David Beyer to partner. Also, the firm has hired Lenny Pruss as a partner and Ted Stinson and Dr. Evan Sparks as executives in residence. Beyer joined Amplify in 2013 and previously, Pruss was a principal at Redpoint Ventures. And, Stinson was in charge of all business operations at tCell while Sparks is a recent computer science graduate from UC Berkeley's AMPLab.
4 min read · 23 January 2017
Boston-based Turbonomic, an autonomic performance platform for the hybrid cloud, has raised $50 million in funding. General Atlantic led the round with participation from Bain Capital Ventures, Highland Capital, Globespan and Iconiq. In addition to the funding, Gary Reiner, former chief information officer at General Electric and current operating partner at General Atlantic, has been added to Turbonomic's board of directors.
1 min read · 23 January 2017
Whistle Sports, a digital entertainment media company, has raised $27.5 million in Series C funding. The investors in this round included Beringea, TEGNA Inc, NBC Sports Ventures, Sky and Emil Capital.
4 min read · 23 January 2017
Chicago-based Origin Ventures has raised $65.9 million for its fourth fund, according to an SEC filing. The target is $100 million. The venture firm invests in emerging software, digital content and online marketplace companies.
1 min read · 23 January 2017
Wix.com has agreed to acquire New York City-based Flok, a customer loyalty and engagement platform. No financial terms were disclosed. Flok's backers included General Catalyst Partners and Gemini Israel Ventures.
3 min read · 23 January 2017
Rochester, New York and St. Louis, Missouri-based Adarza BioSystems Inc, a developer of label-free biosensor assays and instruments, has raised $17 million in Series C funding. RiverVest Venture Partners led the round.
1 min read · 23 January 2017
Visalia, California-based Edeniq Inc, a cellulosic and biorefining technology company, has raised $7 million in funding. The investors included Flint Hills Resources, Angeleno Group, I2BF Global Ventures, Cyrus Capital and Trinity Capital Investment.
1 min read · 23 January 2017
India-based Cuemath, an after-school math excellence program for children, has raised $15 million in funding. The investors were CapitalG and Sequoia India.
1 min read · 23 January 2017
Nuna, a new Medicaid data platform, has secured more than $90 million in funding. Kleiner Perkins Caufield & Byers and John Doerr led the round.
1 min read · 23 January 2017
