Security ratings company BitSight has raised $40 million in Series C funding. GGV Capital led the round with participation from other investors that included Flybridge Capital Partners, Globespan Capital Partners, Menlo Ventures, Comcast Ventures, Liberty Global Ventures and Singtel Innov8. In addition to the funding, GGV Capital's Glenn Solomon has been appointed to BitSight's board of directors.
1 min read · 15 September 2016
San Francisco-based PlumSlice Labs, a collaborative cloud applications for digital commerce ecosystems, has secured an undisclosed amount of Series A financing. Kinetic Ventures led the round.
1 min read · 15 September 2016
ViSenze, a developer of visual search and image recognition tools for ecommerce, retail and content publishing, has raised $10.5 million in Series B funding. The investors included Rakuten Ventures, WI Harper Group and Enspire Capital.
1 min read · 15 September 2016
Boston-based marketing platform Promoboxx has raised $8.2 million in Series A funding. Ascent Venture Partners and Grotech Ventures with participation from other investors that included Launch Capital, Converge Venture Partners, Boston Seed Capital and StageOne Ventures. In conjunction with the funding, Matt Fates of Ascent Venture Partners and Steve Frederick of Grotech Ventures have been added to Promoboxx’s board of directors.
4 min read · 15 September 2016
New York-based Klara, a healthcare messaging platform, has raised $3 million in financing. Lerer Hippeau Ventures and Project A Ventures led the round with participation from return backers that included Atlantic Labs and Groupe Arnault.
1 min read · 14 September 2016
Vancouver, British Columbia-based Axine Water Technologies, a provider of solutions for treating ammonia and toxic organics in industrial wastewater, has raised $8 million in Series B financing. Asahi Kasei Corp led the round with participation from Chrysalix Energy Venture Capital, BDC Energy Venture Capital and Roda Group.
1 min read · 14 September 2016
Citi Ventures has made an undisclosed investment in FastPay. Based in San Francisco, New York, and London, FastPay provides credit and payment solutions to digital businesses.
1 min read · 14 September 2016
TIMIA Capital Corp has named Andrew Abouchar as executive vice president of underwriting. Abouchar, who will be based in Waterloo, Ontario, is a co-founder and partner in Tech Capital Partners Inc, a Canadian venture capital firm.
2 min read · 14 September 2016
Tampa, Florida-based PikMyKind, a platform that notifies parents about the pick-up process for their children, has closed $1 million in funding. FAN Fund and Florida Funders were the backers.
3 min read · 14 September 2016
SGVC has led a $14 million round for Tipalti, a supplier payments automation platform provider. In addition to the funding, Dovi Frances, a managing partner at SGVC, has been added to Tipalti's board of directors.
3 min read · 14 September 2016
