Luisa Beltran

Velocity buys Uncover

Velocity, a Spark Capital portfolio company, said Tuesday that it has acquired Uncover. Financial terms weren’t announced. London-based Uncover is a mobile reservations platform.

Fenox Venture Capital invests in Jibo

Fenox Venture Capital has invested in Jibo Inc. Financial terms weren’t announced. Jibo has created a “social robot” for the home. Jibo raised $3.7 million in an Indiegogo campaign in 2014 and reportedly closed a $25.3 million Series A round earlier this year.

Wepiao raises $234.8 mln in Series C

Wepiao has raised RMB1.5 billion (US$234.8 million) in Series C funding led by Beijing Cultural Assets Chinese Anci Films & Television Fund. Other investors included CITICS Prosperity Fund, GGV Capital, Southern Capital, Gopher Asset of Noah Private Wealth Management and New Hope Group. Original shareholders Tencent, Wanda and INLY also participated. Wepiao, of China, is a mobile ticketing platform.

Baird to buy Chautauqua Capital Management

Baird said Tuesday that it has agreed to buy Chautauqua Capital Management. Financial terms weren’t announced. Boulder, Colorado-based Chautauqua Capital, an investment manager, will operate under the Chautauqua Capital Management name. It will become part of Baird Investment Management, Baird’s institutional equity asset management business.

Madison Dearborn-backed NFP to sell wealth management unit: sources

Pamlico Capital invests in symplr

Pamlico Capital has led a recapitalizaton of symplr. Financial terms weren’t announced. Existing investors, including The CapStreet Group, also took part in the recap. Houston-based symplr provides software as a service (SaaS) based healthcare compliance and credentialing solutions. TripleTree LLC advised symplr.

PlanGrid raises $40 mln

PlanGrid said Monday that it raised $40 million dollars in series B funding led by Tenaya Capital. Sequoia Capital, Founders Fund, Y Combinator and Northgate Capital also took part in the round. San Francisco-based PlanGrid provides construction field enablement software.

Farol Asset Management invests in Cushnie et Ochs

Farol Asset Management LP has led an investor group to buy a stake in Cushnie et Ochs LLC. The investor group includes Farol and several fashion industry insiders. Financial terms weren’t announced. New York-based Cushnie et Ochs is a womens designer ready-to-wear company. Peter Arnold has joined Cushnie as CEO. He was previously CEO of Cynthia Rowley.

Liaw to join Copart Inc.

Copart Inc. said Monday that Jeffrey Liaw has agreed to become Copart's SVP of Finance and CFO, effective Jan. 4. William Franklin, currently Copart's EVP and CFO, will continue his role as EVP responsible for U.S. operations and shared services. Liaw was previously CFO of FleetPride Inc. He was also a principal at TPG Capital Management LP from 2005 to 20012.

Monroe boosts loan to Cal Net Technology Group

Monroe Capital said Tuesday it increased a loan to Cal Net Technology Group to support its buy of Alpha Actual LLC. Financial terms weren’t announced. Cal Net is a portfolio company of Boathouse Capital and Olympic Valley Capital. Los Angeles-based Alpha is a small regional Managed Service Provider serving small and medium sized accounting, financial services and legal firms.