Industry Ventures has raised over $400 million for two funds: Industry Ventures Partnership Holdings IV LP, a fund of funds, and Industry Ventures Direct LP, an inaugural direct co-investment fund. Both funds will focus on making primary and early secondary investments in smaller venture funds as well as direct co-investments alongside venture funds previously backed by Industry Ventures. The funds' investors included government and corporate pension funds, insurance companies, endowments, foundations and high-net worth family offices.
3 min read · 19 July 2016
Palo Alto, California and Tel Aviv-based Skycure, a mobile threat defense platform provider, has closed $16.5 million in Series B funding. Foundation Capital led the round with participation from other investors that included Shasta Ventures and Pitango Venture Capital. In conjunction with the funding, Skycure has added Paul Holland, a general partner at Foundation Capital, to its Skycure's board of directors.
6 min read · 19 July 2016
Eastwind Networks, a provider of network breach detection systems for government agencies and enterprise IT security teams, has raised $5.5 million in funding. Signal Peak Ventures led the round with participation from Cybersecurity Investments LLC. According to Eastwind, the capital infusion will be used for product development, R&D and personnel hiring.
3 min read · 19 July 2016
Pixie Technology, a location of things platform provider, has raised $18.5 million in Series B funding. Spark Capital led the round with participation from other investors that included Cedar Fund and OurCrowd.
4 min read · 19 July 2016
The government of Luxembourg has launched a seed fund that will back digital tech startups. The fundraising target was not specified. Expon Capital is managing the fund.
2 min read · 18 July 2016
500 Startups has raised over $8 million for its targeted $15 million TukTuks fund, according to an SEC filing. The fund will focus on promising startups in Thailand.
1 min read · 18 July 2016
Oxford, Connecticut-based Cadenza Innovation, a provider of energy storage solutions, has secured more than $5 million in Series A funding. Golden Seeds led the round with participation from other investors that included Connecticut Innovations and Scale Investors.
4 min read · 18 July 2016
Diagnostic imaging company Magnetic Insight Inc has secured $3 million in seed funding. Sand Hill Angels led the round with participation from other investors that included Stanford-StartX Fund.
1 min read · 18 July 2016
Pritzker Group Venture Capital has promoted Gabe Greenbaum to partner and Peter Liu to vice president. Pritzker Group hired Greenbaum in 2012 while Liu joined the same year.
3 min read · 18 July 2016
UK-based MarketInvoice, a peer-to-peer invoice finance platform, has raised 7.2 million pounds (about $9.5 million) in funding. MCI Capital led the round. In addition to the funding, Sylwester Janik of MCI Capital has been added to MarketInvoice's board.
4 min read · 18 July 2016