Black Duck Software, an OSS logistics solutions provider, has received $5 million in funding. The investor was Siemens' venture capital unit. Also, the company has named Dean Vassiliou as vice president of success management and added Daniel Keshian to its board of directors. Keshian is a former managing director at Fairhaven Capital and venture partner at Greylock.
3 min read · 20 May 2015
Liqid Inc, a data startup currently in stealth mode, has raised $5.7 million in seed funding. The backers were Kingston Technology, Phison Electronics Corporation, ABR Capital Management and DH Capital.
4 min read · 20 May 2015
San Francisco and Paris-based Algolia, a provider of search solutions for developers, has secured $18.3 million in Series A funding. Accel Partners led the round with participation from other investors that included Alven Capital, Point Nine Capital, Storm Ventures and Lead Edge Capital.
4 min read · 20 May 2015
Trafi, a journey planning app for commuters and travelers, has secured $6.5 million in Series A funding. The investors were Octopus Investments, EBRD Venture Capital Investment Programme, BaltCap and Practica Capital.
3 min read · 20 May 2015
Los Angeles-based daily fantasy sports platform AlphaDraft has raised $5 million in funding. Metamorphic Ventures led the round with participation from WME, Upfront Ventures, IDG Ventures, Amplify.LA, KEC Ventures, Freestyle Capital, Gokul Rajaram, SK Ventures, Basset Investment Group, Greycroft Partners, Melo7 Tech Partners and former NBA Commissioner David Stern.
3 min read · 20 May 2015
WePay, a payments provider for online platforms, has raised $40 million in Series D funding. FTV Capital led the round with participation from other investors that included Rakuten, Highland Capital Partners, August Capital, Continental Investors and Ignition Partners. In addition to the funding, FTV Capital's Chris Winship has been added to WePay’s board of directors while Rakuten's Oskar Miel has bee appointed to WePay’s advisory board.
4 min read · 20 May 2015
New York City-based human resources and payments platform Justworks has raised $13 million in Series B funding. Bain Capital Ventures led the round with participation from previous backers Thrive Capital and Index Ventures.
3 min read · 19 May 2015
Canada-based fusion energy company General Fusion has closed C$27 million in funding. Khazanah Nasional Berhad, the Malaysian government's strategic investment fund, led the round.
2 min read · 19 May 2015
Israeli medical device company OrthoSpace Ltd has secured an undisclosed amount of funding. HealthpointCapital LLC led the round with participation from previous backers Smith & Nephew and TriVentures.
2 min read · 19 May 2015
Santa Monica, California-based video advertising company VideoAmp has named Jay Prasad as its first chief business officer. Previously, Prasad worked at TubeMogul, where he served as the vice president of global business development. VideoAmp is backed by Anthem Venture Partners, Simon Equity Partners, Third Wave Capital, Wavemaker Partners and ZenShin Capital.
2 min read · 19 May 2015
