Nexus Venture Partners related stories
All articles and analysis
VC-backed Kaltura acquires Rapt MediaKaltura, a video tech provider, has acquired Boulder, Colorado-based Rapt Media, an interactive personalized video startup. No financial terms were disclosed. Kaltura’s backers include SAP Ventures, Nokia Growth Partners, Intel Capital, Nexus Venture Partners and Commonfund Capital.
Venture-backed Procurify acquires VendorBaseProcurify has acquired VendorBase, a Canadian online buyer-supplier platform. No financial terms were disclosed. Procurify, a Vancouver-based procure-to-pay software provider, said it has rebranded the business as Procurify Exchange, which will operate on the company's platform as a request-for-quote solution. Founded in 2012, Procurify helps organizations make more informed spending decisions. Its backers include the Business Development Bank of Canada, Nexus Venture Partners, Point Nine Capital and Runa Capital, all of which invested in the company's $7 million Series A round /canada/2016/11/3420380/ in 2016.
- Nexus Venture Partners leads Series A round for Joveo
Joveo, a recruitment technology platform, has raised $5 million in Series A funding. Nexus Venture Partners led the round.
- H2O.ai seals $40 mln Series C
H2O.ai, an artificial intelligence company for businesses, has secured $40 million in Series C funding. Wells Fargo and NVIDIA led the round with participation from New York Life, Crane Venture Partners, Nexus Venture Partners, Transamerica Ventures and Aegon Group.
- TileDB picks up $1 mln seed
Cambridge, Massachusetts-based TileDB, a data manager, has secured $1 million in seed funding. Intel Capital and Nexus Venture Partners led the round.
- Minio raises $20 mln Series A
Palo Alto, California-based Minio, a provider of open source object storage for cloud-native and containerized applications, has secured $20 million in Series A funding. Dell Technologies Capital, General Catalyst Partners and Nexus Venture Partners led the round with participation from Intel Capital, AME Cloud and Steve Singh.
- Druva nets $80 mln
Druva, a provider of cloud data protection and management solutions, has secured $80 million in funding, bringing the company's total tally to about $200 million. Riverwood Capital led the round with participation from other investors that included Sequoia Capital India, Nexus Venture Partners and Tenaya Capital.
India's Snapdeal calls off sale to rival Flipkart: ReutersIndia's Snapdeal said it had decided to remain independent and was ending all talks regarding a sale, bringing the curtain down on months of discussions around a possible acquisition of the e-commerce business by bigger rival Flipkart, Reuters reported. The board of Jasper Infotech, which runs Snapdeal, had agreed in principle to Flipkart's revised buyout bid of up to US$950 million and a deal was pending approval of smaller shareholders, Reuters previously reported. But obstacles remained with sources saying founders Kunal Bahl and Rohit Bansal were considering an alternate path. Snapdeal's investors include Ontario Teachers' Pension Plan, which led a US$200 million financing of the company last year.
- Indian online grocery startup Jumbotail raises $8.5 mln in funding: Reuters
Jumbotail, an Indian startup building an online wholesale marketplace for groceries, has raised $8.5 million in a funding round led by venture firm Kalaari Capital with the participation of Nexus Venture Partners, Reuters reported.
- Nexus Venture Partners adds Gupta to investment team
Nexus Venture Partners has added Ram Gupta to its operations and investment team. Gupta is the former president and CEO of Cast Iron Systems.