RTP Ventures related stories
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DivvyCloud seals $6 mlnArlington, Virginia-based DivvyCloud, a developer of technology that automates and manages cloud infrastructure, has secured $6 million in funding. RTP Ventures led the round.
Georgian Partners leads WorkFusion's $35 mln Series D roundNew York-based WorkFusion, an intelligent automation specialist, has closed a US$35 million Series D financing. The round was led by Canadian growth equity firm Georgian Partners. It was joined by the company's existing investors, including Canada's iNovia Capital, as well as Mohr Davidow Ventures, NGP, Greycroft and RTP Ventures. Georgian Managing Partner Justin LaFayette said the firm invested in WorkFusion because "it aligns with our thesis that artificial intelligence will transform business, but most importantly because the company has made machine learning practical and powerful for enterprise operations."
- WorkFusion rakes in $35 mln Series D
WorkFusion, an intelligent automation provider, has secured $35 million in Series D funding. Georgian Partners led the round with participation from return backers Mohr Davidow Ventures, iNovia, Nokia Growth Partners, Greycroft and RTP Ventures.
- Zerto raises $20 mln
Zerto said June 21 that it raised an additional $20 million in Series E1 financing led by CRV. Existing investors, Access Industries via its Israeli entity - Claltech, 83North, Battery Ventures, Harmony Partners, IVP, RTP Ventures and U.S. Venture Partners, also participated in the latest round. Boston-based Zerto provides business continuity software solutions.
- GridGain Systems gets $15 mln in Series B financing
GridGain Systems raised $15 million in a Series B financing round led by Sberbank and MoneyTime Ventures. Almaz Capital and RTP Ventures also participated. Foster City, California-based GridGain provides software to improve real-time data access and processing by utilizing in-memory computing.
Bitten with bitcoinVC Jalak Jobanputra of FuturePerfect finds value in technology behind bitcoin
- Zerto raises $50 mln
Zerto said Wednesday that it raised $50 million in Series E financing led by IVP. Also taking partner were new investor, Access Industries, via its Israeli entity, Claltech. The round also included participation from all current investors: 83North, Battery Ventures, Harmony Partners, RTP Ventures, U.S. Venture Partners and Mark Leslie who also serves on Zerto's Board of Directors. Boston-based Zerto provides disaster recovery software for virtualized and cloud data centers.
iNovia Capital invests in WorkFusion's $14 mln Series C roundNew York-based WorkFusion, an enterprise smart process automation company, has secured US$14 million in Series C financing. The round was led by U.S. venture capital firm Nokia Growth Partners and was joined by existing investors, including Canadian firm iNovia Capital, which led the company's Series A round in 2013. Mohr Davidow Ventures, Greycroft Partners and RTP Ventures also invested. WorkFusion's technology is used to automate high-volume, labour-intensive processes historically performed by business process outsourcing. It said it will use the new funding to accelerate growth and expand business development efforts.
- WorkFusion rakes in $14 mln Series C
New York City-based WorkFusion, a smart process automation solution provider, has secured $14 million in Series C funding. Nokia Growth Partners led the round with participation from Mohr Davidow Ventures, Greycroft Partners, iNovia Capital and RTP Ventures. In addition to the funding, Paul Asel, a managing partner at NGP, has been added to WorkFusion's board of directors.
- VC-backed Datadog acquires Mortar Data
Datadog has bought New York-based Mortar Data, which helps companies build big data applications and data pipelines. No financial terms were disclosed. Datadog's backers include Index Ventures, RTP Ventures, Openview Venture Partners and Amplify Partners.