Rocketrip said April 25 that it raised $15 million in Series C funding led by GV. Also participating were existing investors Bessemer Venture Partners and Canaan Partners. Rocketrip, of New York, is an employee loyalty platform.
3 min read · 25 April 2018
HGGC said April 25 that six executives, including Dan Stanko, Chad Clawson, Bennett Nussbaum and Scott St. Clair, have joined the firm. HGGC also said Bill Conrad was promoted to principal, while Matt Roesch was named a vice president.
7 min read · 25 April 2018
Tooling Technology Group, a portfolio company of GenNx360 Capital Partners, has acquired CTG Holdings. Financial terms weren’t announced. First Capital Partners LLC is the seller. CTG operates Century Tool & Die and Bel-Kur. Angle Advisors advised CTG.
3 min read · 25 April 2018
Mubadala Investment Co has acquired a minority stake in Phoenician Capital. Financial terms weren’t announced. Phoenician, of New York, is a money manager launched by John Khabbaz in 2007. Mubadala Capital, Mubadala’s financial investment arm, made the investment.
2 min read · 25 April 2018
Vector Solutions, a portfolio company of Providence Equity Partners, has acquired Convergence Training. Financial terms weren’t announced. Convergence, of Vancouver, Washington, provides of training content and software solutions for industrial operations, manufacturing, and mining, specializing in 3D and animation. D.A. Davidson & Co provided financial advice to Convergence.
3 min read · 25 April 2018
Origin Protocol said April 25 that it raised $28.5 billion in funding from FBG, BlockAsset and Silicon Valley investors. Origin, of San Francisco, is a blockchain startup that is aiming to build an infrastructure for a decentralized sharing economy.
3 min read · 25 April 2018
Ascensus said April 25 that it agreed to buy Benefit Planning Consultants Inc. Financial terms weren’t announced. Benefit Planning, of Champaign, Illinois, is a third-party administrator that provides retirement and consumer-directed healthcare (CDH) solutions. Ascensus is a portfolio company of Genstar Capital and Aquiline Capital Partners.
3 min read · 25 April 2018
Susquehanna Private Capital LLC said April 16 that it has invested in Skin & Cancer Associates. Financial terms weren’t announced. Skin & Cancer, of Fort Lauderdale, Florida, is a partnership of over 25 dermatology practices.
2 min read · 25 April 2018
Milk Stork has raised $900,000 in seed financing led by Clif White Road Investments. The Urban Innovation Fund and angel investors participated in the round. Milk Stork is a breast milk shipping company.
3 min read · 25 April 2018
Scania Growth Capital has invested in Swed-Weld. Financial terms weren’t announced. Swed-Weld, of Sweden, produces add-on equipment for optimizing automated manufacturing lines.
3 min read · 25 April 2018