Software developer Autodesk is launching an $100 million investment fund, which is part of an initiative to "accelerate a cloud connected ecosystem in support of the future of making things." According to the company, the fund will focus on emerging companies that are providing services connnected to Autodesk's Forge, a platform for 3-D developers.
4 min read · 02 December 2015
Canadian alternative lender Progressa has secured C$11.4 million in Series A funding. Cypress Hills Partners and Conconi Growth Partners led the round.
3 min read · 02 December 2015
Cellwize, a provider of self-organizing network solutions, has secured $14.5 million in Series A funding. Carmel Ventures and Vintage Investment Partners led the round. Also, Viola Credit (formerly known as Plenus) has provided a $10 million loan to Cellwize.
3 min read · 02 December 2015
Remedy Pharmaceuticals, which focuses on treating people affected by acute central nervous system conditions, has closed $9 million in funding. The investors included Vertical GP-5 LLC.
2 min read · 02 December 2015
Research Triangle Park, North Carolina-based Netsertive, a provider of digital marketing intelligence, has closed its Series C funding at $24 million. River Cities Capital Funds led the round with participation from other investors that included Babson Capital Management.
4 min read · 02 December 2015
According to a blog post on its site, Bluecore has secured $21 million in Series B funding. Georgian Partners led the round with participation from return backers that included FirstMark Capital and Felicis Ventures. Bluecore is a provider of automated marketing services.
1 min read · 02 December 2015
Malvern, Pennsylvania-based Velicept Therapeutics, a clinical development company focused on advancing best-in-class medicines, has raised $21 million in Series B funding. CAM Capital and Longitude Capital led the round.
2 min read · 02 December 2015
UK-based software company Avecto has secured $49 million in funding. The investor was JMI Equity. In addition to the funding, Jit Sinha and Suken Vakil of JMI Equity have been added to Avecto's board of directors.
4 min read · 02 December 2015
Bullpen Capital has hired Eric Wiesen as a general partner. Previously, Wiesen worked at RRE Ventures where he was a general partner.
2 min read · 02 December 2015
Boston-based drone company Top Flight Technologies Inc has raised $1.75 million in seed funding. John Frankel of ff Venture Capital led the round.
3 min read · 02 December 2015