Raleigh, North Carolina-based Pendo, a data-driven platform that helps companies understand and influence how users interact with their software applications, has raised $20 million in Series B financing. Spark Capital led the round with participation from return backers Battery Ventures, Contour Venture Partners, Core Capital Partners, IDEA Fund Partners and Salesforce Ventures. In addition to the funding, Spark Capital General Partner Megan Quinn has been added to Pendo’s board of directors.
1 min read · 12 December 2016
Bozeman, Montana-based Blackmore Sensors and Analytics Inc, a developer of frequency-modulated continuous-wave lidar, has raised $3.5 million in Series A funding. Next Frontier Capital and Millennium Technology Value Partners led the round.
1 min read · 12 December 2016
Akron, Ohio-based 7signal, a provider of Wi-Fi performance management software, has named Tom Barrett as president and CEO. Previously, Barrett was CEO of several portfolio companies at Brennan Management Group. 7signal is backed by Allos Ventures, Mutual Capital Partners Fund, Jumpstart and CoreNetwork.
3 min read · 12 December 2016
Mojio, an open platform for connected cars, has raised $15 million in Series A financing. The investors included BC Tech Fund, BDC Capital and Relay Ventures.
1 min read · 12 December 2016
Silicon Valley-based Dynamic Signal, a company communications platform, has secured $25 million in financing. The investors included Akkadian Ventures, Microsoft Ventures, Focus Ventures, Trinity Ventures, Venrock, Rembrandt and Time Warner.
1 min read · 12 December 2016
Toronto-based Maropost.com, a provider of on-demand email and digital marketing automation solutions, has secured an undisclosed amount of funding. The investors were Elephant and Highland Europe.
1 min read · 12 December 2016
San Francisco-based Skupos, a provider of retail distribution software for the convenience store industry, has raised $2.41 million in seed funding. Dynamo Fund led the round with participation from Toba Capital.
2 min read · 12 December 2016
Popular dating app Tinder has launched Swipe Ventures, which will be led by Tinder CEO and co-founder Sean Rad, according to a blog post on its site. Swipe Ventures will focus on making acquisitions and investments and developing new businesses with a focus on the dating and social spaces.
1 min read · 09 December 2016
Carpinteria, California-based Procore, a provider of cloud-based construction software, has secured $50 million in funding. ICONIQ Capital led the round.
1 min read · 09 December 2016
Paris and Cambridge, Massachusetts-based Enterome, a developer of pharmaceuticals and diagnostics based on the gut microbiome, has named Dr. Jai Patel as chief medical officer and Dr. Roger J. Garceau to its board of directors. Previously, Patel was chief medical and scientific officer at NephroGenex Inc while Garceau was CMO and executive vice president of research and development at NPS Pharmaceuticals Inc. Enterome's backers include Seventure Partners, Lundbeckfonden Ventures, Health for Life Capital and Omnes Capital.
3 min read · 09 December 2016