Portland, Oregon-based Reflect, a data visualization platform for developers, has secured $2.5 million in seed funding, according to a blog post on its site. DFJ led the round with participation from other backers that included Founders’ Co-Op, Liquid 2 Ventures, Techstars and Stanford University.
1 min read · 26 July 2016
Carlsbad, California-based Verdezyne Inc, a producer of biobased chemicals, has named David Kelsey as chief financial officer. Kelsey is the former CFO of Elevance Renewable Sciences. Verdezyne's backers included BP Ventures, DSM Venturing B.V., OVP Venture Partners, Monitor Ventures and Sime Darby.
2 min read · 26 July 2016
ORIX Ventures, a business unit of Dallas-based financial services company ORIX USA, has rebranded to ORIX Growth Capital. According to the firm, which provides debt and equity funding to high-growth, venture-backed companies, the reason for the name change was to "better reflect the nature of its business strategy and value proposition it offers to its portfolio companies." Founded in 2001, ORIX Growth Capital has provided over $1.4 billion in financing to more than 125 high-growth tech and healthcare companies.
3 min read · 26 July 2016
Mezi, an AI-powered chatbot shopping app, has secured $9 million in Series A funding. The investors included Nexus Venture Partners, Saama Capital and American Express Ventures.
4 min read · 26 July 2016
Acalvio Technologies, a provider of advanced threat defense solutions, has raised $17 million in funding. The investors included Accel Ventures, Ignition Partners and Eileses Capital.
1 min read · 26 July 2016
Culver City, California-based mobile game maker Scopely has raised $55 million in financing. Greycroft led the round with participation from other investors that included Elephant Partners, Evolution Media Partners, TPG Growth, Participant Media, Highland Capital, Sands Capital Ventures and Take-Two Interactive.
1 min read · 26 July 2016
Influencer marketing platform Influential has secured $5 million in Series A funding. Capital Zed led the round with participation from other investors that included ROAR, Paradigm Talent Agency, Europlay Capital Advisors and Ace Fund.
3 min read · 26 July 2016
Conshohocken, Pennsylvania-based Zuppler, a provider of software for restaurants, has secured seed funding from SRI Capital. No financial terms were disclosed. In addition to the funding, Sashi Reddi, managing partner of SRI Capital, has been added to Zuppler's board.
1 min read · 26 July 2016
Sunrise Strategic Partners, an accelerator of emerging brands co-founded by Trilantic North America, has acquired a minority stake in Park City, Utah-based Kodiak Cakes, a producer of pancake/waffle mixes, flapjack/muffin cups and syrups. No financial terms were disclosed.
3 min read · 26 July 2016
Elevate has secured an additional $100 million in financing, adding to a total of $545 million from Victory Park Capital. Elevate is an online credit solutions provider for non-prime consumers.
2 min read · 26 July 2016
