Gold Hill Capital

Business services company High Street Partners has closed on $6.3 million in Series C financing led by Baird Venture Partners. Investors Sigma Partners and Gold Hill Capital also participated in the round. The money will help High Street Partners to continue to build out its software-as-a-service. Benedict Rocchio, partner at Baird Venture Partners, will join the High Street Board.

Boston Technologies has raised $2.5 million in debt financing from Bridge Bank and Gold Hill Capital. Boston Technologies provides trading technology and software for institutional and retail brokerage firms trading in foreign exchange and other over-the-counter instruments.

Cardlytics Inc., an Atlanta-based provider of banking rewards solutions, has raised $4 million in venture debt from Gold Hill Capital. Cardlytics previously raised over $8 million in VC funding from Canaan Partners, Polaris Venture Partners and Total Technology Ventures.

Approva Corp., a Reston, Va.-based provider of continuous controls monitoring software, has raised $14 million in new VC funding. Return backers include Columbia Capital, New Enterprise Associates, Novak Biddle, Sierra Ventures and Gold Hill Capital. The company previously raised around $30 million.

Pacific Western Bank has promoted Sean Lynden to president of its venture banking group.

Canadian specialty finance firm Wellington Financial has added Rob Helm and Sean Lynden to its team of professionals. Previously with U.S. private equity and venture capital firm Gold Hill Capital, Helm and Lynden have joined Wellington as partners. They will operate from the firm's newly established office in San Jose, California. Wellington also announced that Craig Netterfield, a partner since 2005, recently left the firm to join a startup. Based in Toronto, Wellington provides term, venture and amortizing loans up to $30 million. It is affiliated with Canadian mid-market private equity firm Clairvest Group.

Lending Club, which on Aug. 27 filed for an IPO, is the most well-financed in the online lending sector that includes many startups focused on small businesses, the underbanked and even students.

Lending Club, which potentially is headed toward an IPO, is the most well-financed in the online lending sector, which includes many startups focused on small businesses, the underbanked and even students.

Lending Club, which potentially is headed toward an IPO, is the most well-financed in the sector, which includes many startups focused on small businesses, the underbanked and even students.

High Street Partners, a developer of business software and services focused around international expansion, inked $8 million in new financing. Baird Capital led the round, which included participation from Sigma Partners and Gold Hill Capital.

The $28bn national oil fund has cancelled commitments to funds including Alinda and Pathway Capital as it tries to re-focus on ‘core’ asset classes amid continuing losses.

Cerberus, HgCapital, Apollo and Gold Hill are among the GPs to see agreed commitments evaporate as the Pennsylvania Public School Employees' Retirement System retrenches.