Next Frontier Capital

Next Frontier Capital, a venture firm headquartered in Bozeman, Montana, has raised $55.72 million for its third fund, according to an SEC filing.

Next Frontier Capital has raised $40 million for its third fund, according to a blog post on its site.

OptioSurgical 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.

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.

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.

Bethesda, Maryland-based Ataata, a cyber security training platform, has secured $3 million in funding. Next Frontier Capital led the round with participation from other investors that included TEDCO, 2M, SaaS Ventures and ARRA Capital.

Next Frontier Capital has raised $22 million for its second fund. The current target is $30 million. Based in Bozeman, Montana, the venture firm backs tech companies that are in the state.

Next Frontier Capital is seeking to raise $40 million for its second fund, according to an SEC filing https://www.sec.gov/Archives/edgar/data/1718377/000171837717000001/xslFormDX01/primary_doc.xml Based in Bozeman, Montana, the venture firm backs tech companies that are in the state.

The deal is expected to close in the first half of 2023.

Tagboard, a cloud production and graphics platform, has raised $8 million in Series A funding.

Advisr, a sales operating system for B2B enterprises, has secured $5.75 million in financing.

Gravwell, an enterprise data fusion platform, has secured $3 million in seed funding.

EveryoneSocial, an employee advocacy company, has raised $7.6 million in Series A financing.

Lehi, Utah-based Claravine, a technology platform that helps standardize, govern, and connect marketing data across every team, system and channel, has secured $5 million in Series A funding.

Boulder, Colorado-based Bonusly, a recognition and rewards platform that connects teams and enriches company culture, has secured $9 million in Series A funding.

LumenAd, a provider of an advertising management platform, has secured $2 million in seed funding.