RTP Ventures

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Smarter Sorting attracts $5 mln seed

Austin, Texas-based Smarter Sorting, a reuse solution for household hazardous waste, has raised $5 million in seed funding. The investors included RTP Ventures.

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HYPR raises $8 million Series A from RRE, RTP, Boldstart and Mesh

HYPR said it raised $8 million of Series A capital in a deal led by RRE Ventures and joined by existing investors RTP Ventures, Boldstart Ventures, and Mesh Ventures.

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DivvyCloud seals $6 mln

Arlington, Virginia-based DivvyCloud, a developer of technology that automates and manages cloud infrastructure, has secured $6 million in funding. RTP Ventures led the round.

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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.

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iNovia Capital invests in WorkFusion's $14 mln Series C round

New 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.

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Index Ventures leads $31 mln round for Datadog

Datadog, a New York City-based data monitoring service, has closed $31 million in Series C funding. Index Ventures led the round with participation from other investors that included RTP Ventures, Openview Venture Partners and Amplify Partners.

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Datadog scores $15 mln in Series B funds

Datadog said Tuesday that it has closed $15 million in Series B funding. OpenView Venture Partners was the lead investor. Index Ventures, RTP Ventures, Amplify Partners, IA Ventures and Contour Ventures also participated in the round with follow-on investments. Also, Dev Ittycheria, managing director of OpenView, will join Datadog's board of directors. Headquartered in New York City, Datadog is a monitoring and data analytics platform.

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GridGain Systems Receives $10 Mln in Series B Financing

GridGain Systems said Monday that it has raised $10 million in Series B financing. The lead investor was Almaz Capital. Past investor RTP Ventures also participated in the round. In addition to the news about the funding, GridGain has named Geoffrey Baehr to the company's board. Headquartered in Foster City, Calif., GridGain is an in-memory computing platform.

RTP Ventures funds managed

Closed funds: 1

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Stories that mention RTP Ventures

Zerto snags $33m

Zerto, a provider of IT resilience, has raised $33 million in financing.

Rapid7 to buy VC-backed DivvyCloud for $145m

Rapid7 Inc has agreed to acquire DivvyCloud, a cloud security posture management company, for $145 million.

Voximplant locks in $10 mln

Voximplant, a provider of cloud communications platforms for the European market, has raised $10 million in Series B funding.

Smarter Sorting pulls in $17 mln Series A

Austin-based Smarter Sorting, a provider of granular, chemical-level data about consumer products, has secured $17 million in Series A funding. US Ecology led the round with participation from other investors that included RTP Ventures.

DivvyCloud picks up $19 mln

Arlington, Virginia-based DivvyCloud, a provider of security and compliance automation for public cloud and container infrastructure, has secured $19 million in funding. Providence Strategic Growth led the round with participation from MissionOG and RTP Ventures.

CentSai adds VC exec to advisory board

CentSai Inc, a provider of financial wellness education, has named Justin Wisz to its advisory board. Currently, Wisz is a partner at RTP Ventures. Wisz was a co-founder and CEO of Vestorly Inc.

Guardhat procures $20 mln Series A

Detroit-based Guardhat, an internet of things industrial safety technology developer, has raised $20 million in Series A funding. RTP Ventures led the round with participation from 3M Ventures, Caterpillar Venture Capital, Revolution's Rise of the Rest Seed Fund, SVB and DVP.

Georgian Partners leads WorkFusion's $35 mln Series D round

New 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."