Private Equity
Cambridge, Massachusetts-based VirZOOM, a virtual reality fitness game platform, has closed its seed funding round at $5.5 million. The backers include Skywood Capital as well as personal investments from partners at Eastham Capital, Fairhaven Capital and Equity Resource Investments.
1 min read · 30 January 2018
Mountain View, California-based Origami Logic, a provider of marketing performance measurement solutions, has raised $15.2 million in financing. Viola Ventures and Saban Ventures led the round.
1 min read · 30 January 2018
Hover, a platform that generates interactive 3D models of any property, has secured $25 million in Series B funding. GV led the round with participation from other investors that included The Home Depot and Standard Industries.
1 min read · 30 January 2018
Xperiel, a creator of the Real World Web platform, has secured $7 million in Series A funding. The investors include Scott Cook, co-founder of Intuit; Cyan Banister of Founders Fund; WTI and; the National Basketball Association’s Sacramento Kings.
1 min read · 30 January 2018
Hong Kong and Malaysia-based Goxip, a mobile marketplace for fashion and beauty, has secured $5 million in Series A funding. Meitu and Chryseis Tan, the daughter of Malaysian billionaire Vincent Tan, chairman of Berjaya Group, led the round.
5 min read · 30 January 2018
Microsoft has acquired Seattle-based Playfab, a provider of tools for building and managing online games, according to a blog post on the former website. No financial terms were disclosed. Playfab's backers included Bowman Capital Management and Startup Capital Ventures.
1 min read · 30 January 2018
Capital One has led a credit facility to back Cortec's recapitalization of Groome Holdings LLC. The Groome family also participated in the recapitalization. Capital One was the joint lead arranger of the credit facility while TwinBrook Capital Partners was the administrative agent. Richmond, Virginia-based Groome Holdings LLC is a specialty ground transportation provider.
3 min read · 30 January 2018
UpWest Labs has raised over $18.3 million for its third fund, according to an SEC filing. The target is $20 million. Silicon Valley-based UpWest Labs invests in Israel's tech entrepreneurs.
1 min read · 30 January 2018
San Francisco-based BrowserStack, a web and mobile browser testing platform, has raised $50 million in Series A funding. The investor was Accel. In conjunction with the funding, Ryan Sweeney of Accel has been added to BrowserStack's board of directors.
1 min read · 30 January 2018
Lynwood, California-based NEXT Trucking, a trucker-centric online marketplace that connects carriers with shippers, has secured $21 million in Series B funding. Sequoia Capital led the round. In conjunction with the funding, Omar Hamoui, a partner at Sequoia, has been added to NEXT Trucking's board of directors.
3 min read · 30 January 2018