Next Frontier Capital related stories
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LumenAd fetches $2m seedLumenAd, a provider of an advertising management platform, has secured $2 million in seed funding.
- Aumni pockets $10 mln Series A
Aumni, Inc, a developer of a robotic process automation and data analytics platform for private capital investors, has secured $10 million in Series A funding.
OptioSurgical nabs $3.3 mlnOptioSurgical Inc, an analytics software company that helps hospitals and surgery centers reduce medical device costs, has secured $3.3 million in funding round. Next Frontier Capital led the round.
- Next Coast Ventures leads Series B round for Submittable
Montana-based Submittable, an application review and opportunity marketplace, has secured $10 million in Series B funding. Next Coast Ventures led the round participation from return backers True Ventures, Next Frontier Capital and Flywheel Ventures.
BCF Ventures grows pool to $12 mln, backs six tech startupsBCF Ventures, a Montréal-based pre-seed and seed-stage venture capital firm, has increased the potential size of its fund to $12 million. Initially capitalized at $5 million by BCF Business Law partners, the fund raised additional commitments from family offices and accredited investors. Led by CEO and Partner Sergio Escobar, BCF and its co-investors provide financing to cloud and software-as-a-service companies leveraging artificial intelligence, big data, analytics and security, primarily in North America. To date, BCF has invested in six companies, including Canada's Bridgr, CareTeam and FleetOps.
Phoenix Labs raises Series C financing led by Sapphire VenturesVancouver-based game studio Phoenix Labs has secured an undisclosed amount in a Series C financing. The round was led by U.S. venture capital firm Sapphire Ventures. It was joined by other existing investors, including Everblue Management. The company's other backers include GGV Capital, Next Frontier Capital, Ridge Ventures and Signia Venture Partners. Founded in 2014 by Jesse Houston, Sean Bender and Robin Mayne, Phoenix Labs develops online multiplayer experiences for gamers. It will use the funds raised to expand its Vancouver and San Mateo, California studios, increase live service operations and development of new content for its debut title, Dauntless, and explore new platforms.
- Mimecast buys Ataata for Next Frontier's first exit
Last week, Mimecast Limited, a publicly traded email and data security company, announced it has acquired venture-backed Ataata Inc, a cyber security training and awareness platform designed to reduce human error in the workplace. Terms of the acquisition weren't disclosed. Late last year, Ataata had raised $3 million in sed funding led by Next Frontier Capital with participation from TEDCO, 2M, SaaS Ventures, ARRA Capital and others. Next Frontier said the acquisition is the firm's first exit.
- Blackmore Sensors and Analytics snags $18 mln Series B
Bozeman, Montana-based Blackmore Sensors and Analytics Inc, a developer of frequency-modulated continuous wave lidar for the automotive industry, has raised $18 million in Series B funding. BMW i Ventures led the round with participation from Toyota AI Ventures, Millennium Technology Value Partners and Next Frontier Capital.