Traverse Venture Partners is seeking to raise $100 million for its inaugural fund, according to an SEC filing. Founded in October 2015, the Washington, D.C.-based growth equity firm focuses on the real estate industry. Recently, the firm co-led an $11.7 million Series B round for San Jose, California-based Mercatus, a provider of energy finance solutions, as previously reported by PE HUB.
1 min read · 04 February 2016
Nlyte Software has acquired FieldView Solutions, a real-time event correlation, alarming and analytics provider for the data center sector. No financial terms were disclosed. Nlyte is backed by Balderton Capital and NGEN Partners.
3 min read · 04 February 2016
Alexandria, Virginia-based Notarize, a digital notary, has launched and raised $2.4 million in seed funding. Polaris Partners led the round with participation from other investors that included Ludlow Ventures.
4 min read · 04 February 2016
BioDirection Inc, a developer of technologies that objective diagnose and manage concussions and other traumatic brain injuries, has closed about $10 million in Series B funding. The investors included Provident Healthcare Capital.
2 min read · 04 February 2016
San Luis Obispo, California and Quebec-based Hortau, a provider of precision irrigation management solutions, has raised $10 million in funding. Advantage Capital Agribusiness Partners LP led the round with participation from BDC Capital Inc, Avrio Ventures and Capital régional et coopératif Desjardins.
5 min read · 04 February 2016
South San Francisco-based EpiBiome, a precision microbiome engineering company, has closed $6 million in Series A financing. The investors included Matrix Capital Management, Alexandria Venture Investments, SV Tech Ventures and China Rock Capital Management.
6 min read · 04 February 2016
Hourly work marketplace Snagajob has closed $100 million in funding. Rho Acceleration led the round with participation from NewSpring Capital and the Invus Group. In addition to the funding, Habib Kairouz of Rho Acceleration and Marc Lederman of NewSpring Capital have been added to Snagajob's board of directors. Raymond James advised Snagajob on the transaction.
4 min read · 04 February 2016
Aira.IO, a visual interpreter for the blind, has raised over $2.5 million in Series A financing. Lux Capital and ARCH Venture Partners led the round with participation from other investors that included Felicis Ventures and Larry Bock.
3 min read · 04 February 2016
Provo, Utah-based Chatbooks, a service that automatically converts digital photos into photo books, has raised $6 million in Series A funding. Signal Peak Ventures led the round with participation from Kickstart Seed Fund, Peterson Ventures and BYU Cougar Capital.
3 min read · 04 February 2016
Curalate, a visual commerce solution provider, has raised $27.5 million in Series C funding. New Enterprise Associates led the round with participation from return backers First Round Capital and MentorTech Ventures.
2 min read · 04 February 2016
