Iris Dorbian

Dining startup Allset pulls in $2.35 mln seed

San Francisco-based Allset, a wait-free dining startup, has secured $2.35 million in seed funding. Metamorphic Ventures led the round with participation from other investors that included Andreessen Horowitz, FJ Labs and SMRK VC Fund.

Spectrum 28 closes inaugural fund at $170 mln

Silicon Valley-based venture firm Spectrum 28 has raised $170 million for its debut fund. The limited partners of Spectrum Fund I include financial institutions, family offices and foundations from the U.S., Canada, Hong Kong and Singapore. The firm backs sectors such as genomics and digital health, real estate and construction and emerging tech.

CORNAMI nets $3 mln Series B

Silicon Valley-based CORNAMI, a high-performance computing company, has raised $3 million in Series B financing. Impact Venture Capital led the round. Also, CORNAMI has named Yatish Mishra as president and COO and Denoid Tucker as vice president of product and services.

Kayne Partners leads Series C round for 4C Insights

Chicago-based 4C Insights Inc, a provider of data science and media technology, has closed $26 million in Series C financing. Kayne Partners led the round with participation from other investors that included Jump Capital and Prime Ventures. In conjunction with the funding, Leon Chen, vice president at Kayne Partners, has been added to 4C's board of directors.

Hostmaker takes in $1.1 mln

UK-based Hostmaker, a hospitality management service, has raised $1.1 million in funding. Initial Capital led the round with participation from DN Capital and DSG Consumer Partners.

Progressly picks up $6 mln Series A

Redwood City, California-based Progressly, a platform provider that helps businesses increase efficiencies and productivity, has secured $6 million in Series A funding. The lead investors were 8VC's Joe Lonsdale and Drew Oetting. Also, Bill Malloy and Brian Nugent, generate partners at Accelerate-IT Ventures, and David Beirne participated in the round.

Uncharted Play scores $7 mln seed

Energy tech company Uncharted Play has raised $7 million in seed funding. The NIC Fund led the round with participation from Kapor Capital, Magic Johnson Enterprises, BBG Ventures and Lingo Ventures.

Vroom drives away with $50 mln Series E

Online used car retailer Vroom has closed $50 million in Series E funding. The investors were L Catterton, General Catalyst Partners, Allen & Company and T. Rowe Price Associates Inc.

New 401(k) startup Vestwell snaps up $4.5 mln

Vestwell, a new 401(k) platform, has raised $4.5 million in seed funding. FinTech Collective led the round with participation from F-Prime Capital, Primary Venture Partners and Commerce Ventures.

IRYStec Software bags Series A funds

Montreal-based IRYStec Software Inc, a provider of perceptual display processing technology, has secured an undisclosed amount of Series A financing. The backers included BDC Capital and Tandemlaunch.