New York City-based Marketing Evolution, a provider of global AI-based marketing optimization and analytics software, has raised$20.6 million in Series B financing. Insight Venture Partners led the round with participation from return backer Zetta Venture Partners.
1 min read · 06 February 2018
RigUp, the energy industry's marketplace for on-demand services and labor, has raised $15.8 million in Series B funding. Quantum Energy Partners and Global Reserve Group led the round with participation from other investors that included Founders Fund. RigUp has also secured a $30 million credit facility from Silicon Valley Bank.
1 min read · 06 February 2018
AngelMD, an investment and networking platform connecting medical startups, physicians, investors and industry partners, has appointed Michael Raymer as chief strategy officer. Raymer's work background includes leadership roles at various companies such as Microsoft where he played a key role in launching its consumer health platform and ecosystem HealthVault.
2 min read · 05 February 2018
Santa Monica, California-based Fair, a car ownership startup, has raised an undisclosed amount of funding. The lead investor was next47 with participation from BMW, CreditEase FinTech Investment Fund, Millennium Technology Value Partners, 137 Ventures, G Squared and Upfront Ventures.
1 min read · 05 February 2018
AbleTo Inc, a behavioral health provider, has appointed Daniel Lieber as chief operating officer. Previously, Lieber worked at Altegra Health where he served as chief operating officer. Also, Lieber is a former senior operating executive at Welsh, Carson, Anderson & Stowe. AbleTo's backers include .406 Ventures, Sandbox Industries, HLM Venture Partners, Horizon Healthcare Services, Inc., Bain Capital Ventures and Aetna Ventures.
3 min read · 05 February 2018
Boston-based Lightmatter, a maker of a light-powered AI chip, has secured $11 million in Series A funding. Matrix Partners and Spark Capital led the round. In conjunction with the funding, Stan Reiss from Matrix and Santo Politi from Spark have joined the company’s board of directors.
3 min read · 05 February 2018
The National Venture Capital Association has named Stephanie Volk as vice president of development. The appointment is effective immediately. Previously, Volk worked at GE Ventures where she was a manager of commercial development.
2 min read · 05 February 2018
ManchesterStory Venture has raised $41 million for its debut fund, according to an SEC filing. The target is $125 million. Based in West Des Moines, Iowa, ManchesterStory is a venture firm that invests in the fintech and healthcare sectors.
1 min read · 05 February 2018
Glever.com, an AI-assisted business writing company, has secured an undisclosed amount of seed funding. The investor was Innotech Capitals.
3 min read · 05 February 2018
Berlin-based Penta, a challenger bank for startups and businesses, has secured 2.2 million euros in seed funding. Inception Capital led the round.
3 min read · 05 February 2018
