xAd Inc, a location intelligence provider that drives sales, has acquired Germantown, Maryland-based Weatherbug, a weather company. No financial terms were disclosed. Also, Weatherbug has raised $42.5 mln in Series E funding. Eminence Capital led the round with participation from W Capital, IVP and Emergence Capital.
4 min read · 14 November 2016
Indianapolis-based Perq, a marketing company providing solutions that connect consumers to businesses, has raised $1.7 million in seed funding. The investor was 4G Ventures.
1 min read · 14 November 2016
Portland, Oregon-based Vacasa, a vacation rental company, has secured an additional $5 million in Series A funding, raising its tally to $40 million. The investor in this round was Assurant.
1 min read · 14 November 2016
NIN Ventures has named Gurbaksh Chahal to its advisory board. Chahal is the founder, chairman and CEO of Gravity4, a high-frequency marketing cloud.
2 min read · 14 November 2016
Frankly Inc, a content and monetization platform for broadcasters and media companies, has filed for an IPO. The number of shares that will be sold as well as the stock's pricing terms have yet to be determined. Frankly has applied to trade on the NASDAQ. Roth Capital Partners will serve as the lead underwriter. Frankly's backers include Matrix Partners.
3 min read · 14 November 2016
Quantopian, a provider of an algorithmic trading platform and educational community, has raised $25 million in Series C financing. Andreessen Horowitz led the round with participation from return backers Bessemer Venture Partners, Point72 Ventures, Khosla Ventures and Spark Capital.
1 min read · 14 November 2016
Roofstock, an online investing marketplace for the single-family rental sector, has raised $20 million in Series B financing. Lightspeed Venture Partners led the round with participation from other backers that included Khosla Ventures, Bain Capital Ventures, Nyca Partners, QED Investors and SV Angel.
1 min read · 14 November 2016
Atlanta-based Kabbage, a financial services tech and data platform, has named Amala Duggirala as chief technology officer and Rama Rao as chief data officer. Previously, Duggirala was executive vice president of global software development and implementations services at ACI Worldwide while Rao was head of analytics and insights at eBay’s global risk, policy and compliance organization. Kabbage's backers included Reverence Capital Partners, SoftBank Capital, Thomvest Ventures, Mohr Davidow Ventures, BlueRun Ventures, the UPS Strategic Enterprise Fund, ING, Santander InnoVentures, Scotiabank and TCW/Craton.
3 min read · 11 November 2016
Portugal-based wearable tech company Kinematix has secured 2 million euros in funding, the company announced in a blog post on its site. The investor was Portugal Ventures.
1 min read · 11 November 2016
ReVision Optics Inc., a provider of implantable presbyopia-correcting corneal inlay technology, has raised $32 million in funding. JJDC led the round with participation from return backers Canaan Partners, Domain Associates, InterWest Partners and ProQuest Investments.
1 min read · 11 November 2016
