Grotech Ventures related stories
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Mindbody to acquire VC-backed Booker Software for about $150 mlnMindbody has agreed to acquire Booker Software, a business management platform for salons and spas, for about $150 million in cash. The deal is expected to close in the second quarter of this year. Booker Software's backers include Medina Capital. Bain Capital Ventures, Revolution Ventures, TDF Ventures and Grotech Ventures. Centerview Partners is serving as financial adviser to Mindbody while Raymond James is doing likewise for Booker.
- Voci Technologies attracts $8 mln Series B
Pittsburgh-based Voci Technologies, a provider of enterprise speech-to-text transcription and analytics, has secured $8 million in Series B funding. Grotech Ventures and Harbert Growth Partners led the round.
- VC-backed ChurnZero appoints Wagner to board
Arlington, Virginia-based ChurnZero, which helps subscription businesses fight customer churn, has named William R. Wagner to its board of directors. Wagner is the president and CEO of LogMein. ChurnZero is backed by Grotech Ventures and Middleland Capital.
- Airside Mobile locks in $6 mln Series A
Arlington, Virginia-based Airside Mobile, a creator of a mobile passport app, has raised $6 million in Series A funding. Blazar Ventures and Grotech Ventures led the round with participation from Bain Capital Ventures and 8VC.
- TaskEasy picks up $22 mln Series C
Salt Lake City-based TaskEasy, a provider of lawn maintenance services, has secured $22 million in Series C funding. River Cities Capital led the round with participation from Camber Creek, Moderne Ventures, Grotech Ventures, Access Venture Partners and Delta Electronics Capital.
- Stardog Union gathers $6 mln Series A
Arlington, Virginia-based Stardog Union, a provider of enterprise knowledge graph technology, has raised $6 million in Series A funding. Grotech Ventures led the round with participation from return backers Core Capital and Boulder Ventures.
- DirectScale nabs $8.5 mln Series B
Lindon, Utah-based DirectScale, a cloud-based software platform for the direct and social selling industry, has raised $8.5 million in Series B funding. Grotech Ventures led the round with participation from Origin Ventures and previous backer Kickstart Seed Fund.
- ICX Media fetches $6.6 mln Series A
Washington, D.C.-based ICX Media, a video data intelligence platform, has raised $6.6 million in Series A financing. Grotech Ventures led the round with participation from NRV and Avonlea Capital. In conjunction with the funding, Grotech General Partner Don Rainey and NRV Managing Director Scott Tolleson have joined ICX Media's board of directors.
- Grotech Ventures leads $4.3 mln for Adwerx
Durham, North Carolina-based Adwerx, a provider of localized digital advertising for real estate professionals, lenders, and small businesses, has raised $4.3 million in a funding. Grotech Ventures led the round with participation from Bull City Venture Partners and Alerion Ventures.
- Parse.ly attracts $6.8 mln Series B
New York City-based Parse.ly, an internet attention analytics platform, has raised $6.8 million in Series B funding. Grotech Ventures and Blumberg Capital led the round with participation from other investors that included Felton Group, FundersClub and DreamIt.