Aeponyx Inc, a Montréal-based provider of micro optical switches, has raised C$7.9 million in Series A funding. Pangaea Ventures led the round with participation from other investors that included Fonds InnovExport and Ecofuel Fund.
1 min read · 14 March 2019
Culver City, California-based Cluster, a marketplace matching Industry 4.0 skills and jobs, has secured $1.9 million in funding. Mark Cuban and ECMC Group led the round.
1 min read · 13 March 2019
Toronto-based CryptoNumerics, an enterprise software company, has raised $2.5 million in seed financing. The lead investor was 11.2 Capital. Lux Capital also participated in the round. In conjunction with the funding, Shelley Zhuang, a founder and managing partner at 11.2 Capital, has been added to CryptoNumerics' board of directors.
1 min read · 13 March 2019
Gencove, a low-pass genome sequencing platform, has secured $3 million in funding. Spero Ventures led the round with participation from Alexandria Venture Investments, Burst Capital, Third Kind Venture Capital and Version One Ventures. In addition to the funding, Shripriya Mahesh, a partner at Spero, will join Gencove's board of directors.
1 min read · 13 March 2019
Workfront, a modern work management platform, has secured about $280 million in funding. The investors were W Capital Partners, Susquehanna Growth Equity and AB Private Credit Investors. Existing backers Openview, Greenspring and JMI Equity will remain significant investors in the company. As part of the investment, Blake Heston, a managing director at W Capital and Martin Angert, a director at Susquehanna Growth Equity, will join Workfront's Board of Directors. Goldman Sachs was placement agent while Goodwin served as legal counsel to Workfront.
1 min read · 13 March 2019
Gem, a HR recruiting platform, has secured $9 million in Series A funding, according to a blog post. The investor was Accel.
1 min read · 13 March 2019
CXA Group, Asia's predictive and data intelligence platform for better health, wealth and wellness choices, has raised $25 million in funding. The investors included HSBC, Singtel Innov8, Telkom Indonesia MDI Ventures, Sumitomo Corporation Equity Asia, Muang Thai Fuchsia Ventures, Humanica and Heritas Venture Fund.
1 min read · 13 March 2019
San Francisco-based Tetrate, a newly launched enterprise service mesh company, has secured $12.5 million in funding, according to a blog post on its site. Dell Technologies Capital led the round with participation from other investors that included 8VC, Intel Capital, Rain Capital and Samsung NEXT.
1 min read · 13 March 2019
American Capital Partners, an investment firm headquartered in Hauppauge, New York, has raised $24.3 million for its second venture fund, according to an SEC filing. The target is $100 million.
1 min read · 13 March 2019
London and Austin-based Adthena, a provider of AI-powered search marketing intelligence, has secured $14 million in Series A funding. The investor was Updata Partners.
3 min read · 13 March 2019