Northgate Capital related stories
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Clari gathers $35 mlnSunnyvale, California-based Clari, a provider of AI solutions for sales, has secured $35 million in financing. Tenaya Capital led the round with participation from Thomvest Ventures, Blue Cloud Ventures, Sequoia Capital, Bain Capital Ventures and Northgate Capital.
- Moogsoft lands $40 mln Series D
San Francisco-based Moogsoft, a provider of artificial intelligence for IT operations, has secured $40 million in Series D funding. Goldman Sachs Growth Equity led the round with participation from other backers that included HCL, Northgate Capital, Redpoint Ventures, Singtel Innov8, STTelemedia and Wing VC.
- Usermind snaps up $23.5 mln Series C
Seattle-based Usermind, which provides a unified platform for orchestrating business operations, has raised $23.5 million in Series C funding. Northgate Capital led the round with participation from Andreessen Horowitz, Menlo Ventures and CRV.
- Northgate provides $15 mln to NatGas
Northgate Capital has invested $15 million in NatGas. Based in Mexico, NatGas is an operator of natural gas stations.
- Cisco announces $610 mln purchase of VC-backed Viptela
Cisco announced today its intent to acquire San Jose, California-based Viptela Inc, a developer of software-defined wide area network technology. Cisco agreed to pay $610 million in cash and assumed equity awards. The acquisition is expected to close in the second half of 2017. Viptela, founded in 2012, had raised $108.5 million in venture funding, according to Thomson Reuters. Investors include Sequoia Capital, Northgate Capital and Redline Capital.
AcuityAds to acquire venture-backed Visible MeasuresAcuityAds Holdings Inc (TSX-V: AT) has agreed to acquire Visible Measures Corp, a Boston-based programmatic platform provider for analytics-led video advertising. The acquisition is an all-cash transaction valued at US$10 million. Silicon Valley Bank agreed to finance it with a revolving line of credit. AcuityAds, a Toronto provider of digital media solutions enabling advertisers to connect with audiences, said the buy will help it gain a more substantial footprint in the video advertising and programmatic TV markets. Visible Measures is backed by DAG Ventures, General Catalyst, Mohr Davidow Ventures and Northgate Capital, among others.
- Diamanti lands $18 mln Series B
San Jose, California-based Diamanti, a maker of the first hyper-converged infrastructure appliance purpose built for containerized applications, has secured $18 million in Series B funding. Northgate Capital led the round with participation from CRV, DFJ, Translink and GSR Ventures.
- Latin American ecommerce platform Linio snags $55 mln
Latin American ecommerce platform Linio has raised $55 million in funding. LIV Capital and Northgate Capital led the round with participation from Kinnevik.
- Mexico's Grupo Estancias Extendidas gets $28.4 mln PE investment
Northgate Capital and Alta Growth Capital led a MXN$530 million investment in Grupo Estancias Extendidas, S.A. de C.V., the first low-cost extended stay hotel chain in Mexico. The funding will go toward an expansion plan that foresees over 40 new properties over the next five years.
- Moogsoft snags $30 mln Series C
San Francisco-based Moogsoft, a provider of IT operations analytics, has raised $30 million in Series C funding. The company's investors include Northgate Capital, SingTel Innov8, Cisco Investments, Redpoint, Wing and Singapore Technologies Telemedia. The capital will be used for expansion.