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VC-backed TeamPages acquired by Vista's Active NetworkThe Active Network, a portfolio company of U.S. private equity firm Vista Equity Partners, has acquired TeamPages Inc, a Canadian provider of website software solutions for sports leagues, clubs, schools and teams. No financial terms were disclosed. Dallas-based Active said the deal enhances its role as a one-stop shop of software products for athletic organizations. Founded in 2006, Vancouver's TeamPages received venture capital funding from Canadian angel fund W Media Ventures, Germany's Acton Capital Partners and other investors. Active was taken private by Vista in 2013.
BDC Capital leads new funding of mobile commerce platform MobifyVancouver mobile customer engagement platform Mobify has closed a follow-on financing. The undisclosed round was led by BDC Capital IT Venture Fund, a new investor, and joined by Acton Capital Partners, which led Mobify's $10 million Series A financing /canada/2016/2/mobify-raises-10-mln-in-funding-for-mobile-shopping-platform/ last year. As a result, BDC Capital Partner Andrew Lugsdin has taken a seat on the board. Led since its founding in 2007 by CEO Igor Faletski, Mobify has developed technology that helps retailers and brands to boost revenue by building strong customer relationships. It said the latest round follows the company's best sales year to date. Last April, Mobify bought /canada/2016/4/acton-capital-backed-mobify-acquires-pathful/ machine learning platform Pathful.
InvestEco invests in second tranche of Chefs Plate's Series BMeal-kit delivery startup Chefs Plate has closed a second tranche of its Series B financing with an investment from InvestEco Capital's second sustainable food fund /canada/2016/7/3341922/ Terms were disclosed. InvestEco joined existing backers Acton Capital Partners, Emil Capital and BrandProject, which jointly invested /canada/2016/9/3360681/ $6 million in the company in September. Founded in 2014, Toronto's Chefs Plate delivers pre-portioned, locally-sourced fresh ingredients and recipes to homes. It will use the proceeds of the over-subscribed Series B round to further enhance its Canadian supplier network.
Prime Ventures leads Series C round for UK lender IwocaLondon-based lender Iwoca has raised 21 million pounds in Series C funding, according to a blog post http://www.iwoca.co.uk/blog/2016/10/04/iwoca-raises-46m-celebrates-5th-birthday/ on its site. Prime Ventures led the round with participation from other investors that included Acton Capital Partners, CommerzVentures, Global Founders Capital and Redline Capital.
Chefs Plate nets $6 mln in Acton Capital-led follow-on roundToronto-based food technology company Chefs Plate has raised $6 million in follow-on funding. German venture capital firm Acton Capital Partners led the round. It was joined by Emil Capital and BrandProject, which led the company's $2 million financing in October 2015 /canada/2015/10/chefs-plate-nets-2-mln-in-round-led-by-emil-capital-brandproject/ Founded in 2014, Chefs Plate delivers pre-portioned, locally-sourced fresh ingredients and recipes to homes. Originally focused on the Ontario market, the company has expanded into British Columbia, Alberta and Manitoba. Chefs Plate will use the funds raised to grow its e-commerce team, continue expansion across Canada, and advance local supplier partnerships.
- Essilor International to buy MyOptique Group
Essilor International has agreed to buy MyOptique Group. Financial terms weren’t announced. Sellers include Acton Capital Partners, Beringea, Cipio Partners, Index Ventures, Korys and Highland Capital Europe. London-based MyOptique is an online optical retailer.
Venture-backed Mobify buys machine learning platform PathfulMobify, which earlier this year raised $10 million in funding /canada/2016/2/mobify-raises-10-mln-in-funding-for-mobile-shopping-platform/ has acquired Pathful, a Vancouver-based provider of advanced machine learning technology for behaviour-based targeting. No financial terms were disclosed for the acquisition, the company's second following its buy of Dónde /canada/2015/12/mobify-buys-vc-backed-mobile-marketing-platform-donde/ in December. Mobify, a mobile customer engagement platform, said the deal will lend insights into the needs and wants of online and retail audiences. Founded in 2007, Vancouver-based Mobify is backed by Acton Capital Partners. Pathful received funding from Foundry Group, Angel List, Drummond Road Capital and G2T3V.
- HomeToGo, vacation-rental search engine, raises $20 mln Series B funding
HomeToGo.com, the Berlin vacation-rental search engine, closed a $20 million Series B investment, led by new investor Insight Venture Partners and with participation from Series A investors DN Capital and Acton Capital Partners. HomeToGo said in a statement that it would use the funds to expand internationally and speed creation of new products. Founded in January 2014, the company operates in nine European countries – Austria, France, Germany, Italy, the Netherlands, Poland, Spain, Switzerland and the United Kingdom – and in the United States. Insight is based in New York, DN is in London and Acton is in Munich.
- Eloquii raises $15 mln
Eloquii Design Inc said April 7 that it raised $15 million in Series B funding led by Acton Capital Partners. Also participating were new investors including Wildcat Capital Management and Blue Sky Venture CapitaL, as well as existing investors Greycroft Partners, Daher Capital, and Female Founders Fund. New York and Columbus, Ohio-based Eloquii designs and sells fashion apparel for women in plus sizes 14 to 24.
Top Q1 Canadian VC deals draw more than $416 mlnCanada’s top 10 first-quarter venture-capital financings drew more than $416 million from investors, more than double the $191 million that went into the top 10 deals a year earlier. That estimate is based on a PE Hub Canada list of the largest disclosed financings announced between January and March. It has been compiled in advance of the broader VC market reports expected in coming weeks from the Canadian Venture Capital & Private Equity Association and Thomson Reuters.