GitLab, an open core collaboration platform for developers, has secured $20 million in Series B funding. August Capital led the round with participation from other backers that included Khosla Ventures and Y Combinator.
4 min read · 13 September 2016
Fremont, California-based Rackware, a provider of cloud computing management solutions for businesses, has raised $10 million in Series B funding. Signal Peak Ventures led the round with participation from Kickstart Seed Fund and Osage Venture Partners.
4 min read · 13 September 2016
Lavrock Ventures is seeking to raise $50 million for its debut fund, according to an SEC filing. Based in McLean, Virginia, Lavrock is an early-stage venture firm focused on cybersecurity and enterprise software.
1 min read · 12 September 2016
Copenhagen-based GenieBelt, a project management and communication platform for the construction sector, has secured 2 million euros in funding, according to a blog post on its site. The investors included Danish Solar A/S.
1 min read · 12 September 2016
San Francisco-based InstaVR Inc, a virtual reality-focused tech company, has raised $2 million in Series A funding. The Venture Reality Fund led the round.
1 min read · 12 September 2016
Business Talent Group, a platform for top consultants and executives doing project-based work, has raised $8 million in Series B funding. NextEquity Partners led the round with participation from other investors that included former Overture CEO Ted Meisel and David and Katherine Bradley through the Bradley Family Trust. In addition to the funding, Adam Hopkins, managing director of NextEquity and Frank Williams, CEO of Evolent Health, have been added to BTG's board while Meisel and Rami Reyes, a principal at NextEquity, will become board observers.
1 min read · 12 September 2016
Durham, North Carolina-based Phononic, a provider of solid state thermal management solutions, has secured $30 million in funding. The investors included GGV Capital, Lookout Capital, Eastwood Capital Corp, Venrock, Oak Investment Partners, Tsing Capital, Huaneng Invesco WLRoss, Wellcome Trust and Rex Healthcare Ventures. In conjunction with the funding, Jenny Lee, managing director at GGV Capital and Bill Holland, chairman of CI Financial, have been added to Phononic's board of directors.
1 min read · 12 September 2016
Chicago-based Project44, a provider of supply chain visibility and connectivity solutions, has secured $10.5 million in Series A funding. The investors were Emergence Capital, Chicago Ventures and Silicon Valley Bank.
1 min read · 12 September 2016
Verizon Communications Inc has agreed to buy Sunnyvale, California-based Sensity Systems, an IoT platform provider. No financial terms were disclosed for the deal that's expected to be completed in the fourth quarter of this year. Pagemill Partners served as financial adviser to Sensity on the deal. Sensity's backers include Almaz Capital and Mohr Davidow Ventures.
3 min read · 12 September 2016
Career marketplace Jobbio has secured 5 million euros in Series A funding. NJF Capital led the round with participation from other investors that included Balderton Capital founder Barry Maloney.
3 min read · 12 September 2016
