Blumberg Capital related stories
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Blumberg collects $207mView the latest capital raises
- Blumberg raises more than $200 mln for fourth fund
San Francisco-based Blumberg Capital, an investor in unicorn companies Nutanix and Hootsuite, raised $206.6 million in commitments for its fourth fund, according to a regulatory filing http://formds.com/issuers/blumberg-capital-iv-l-p The fund is 33 percent larger than Fund III, a 2012 vintage year fund that closed on $150 million, according to Thomson Reuters.
Digital workplace platform WorkJam nets $16 mln in debut roundCanadian workplace management platform WorkJam has secured nearly $16 million (US$12 million) in a first-time financing. The round was backed primarily by U.S. venture capital firms, including Lerer Hippeau Ventures, Blumberg Capital, Founder Collective and NovelTMT. Founded in 2014, Montréal-based WorkJam has developed an employee engagement solution aimed at enabling the mobile digital workplace for shift-based, hourly and non-desk workers. Led by President and CEO Steven Kramer, who previously co-founded iCongo, the company will use the funds raised to enhance its platform and accelerate global growth.
- WorkJam takes in $12 mln
Montreal-based WorkJam Inc, a digital workplace platform for hourly workers, has secured $12 million in funding. The investors were Lerer Hippeau Ventures, Blumberg Capital, Founder Collective, NovelTMT and WorkJam’s management team.
- Fortscale attracts $7 mln
San Mateo, California-based Fortscale, a machine learning and big data analytics startup, has raised $7 million in funding. Evolution Equity Partners and Valor Capital Group led the round with participation from return backers Intel Capital, Blumberg Capital, Swarth, CME Ventures and UST Global.
- IntSights snags $15 mln Series B
Israeli cybersecurity company IntSights has closed $15 million in Series B funding. The investors included Glilot Capital Partners, Blackstone, Blumberg Capital, Wipro and Vintage Investment Partners.
- Cybellum picks up $2.5 mln seed
Tel Aviv-based Cybellum, a zero-day prevention platform, has raised $2.5 million in seed funding. Blumberg Capital led the round. The capital infusion will be used to launch a U.S. office in 2017 as well as further its research and development efforts.
- TLV Partners leads $11 mln round for SeaLights
SeaLights, a cloud-based, continuous testing platform, has raised $11 million in funding. TLV Partners led the round with participation from other backers that included Oren Zeev and Blumberg Capital.
- Small biz lending platform Lendio bags $20 mln
Utah-based small business lending platform Lendio has raised $20 million in funding. Comcast Ventures and Stereo Capital led the round with participation from return backers Napier Park, Blumberg Capital, Tribeca Venture Partners and North Hill Ventures. In addition to the funding, Dave Zilberman, a managing director at Comcast Ventures, has been added to Lendio’s board of directors.