Toba Capital related stories
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Venture-backed Interset acquired by Micro FocusInterset, an Ottawa-based security analytics software provider, has been acquired by Micro Focus (LSE: MCRO, NYSE: MFGP) for an undisclosed amount. Founded in 2001 as Gridiron Software, Interset uses behavioural analytics, machine learning, big data and risk forensics to provide solutions for insider and targeted outsider cyber-threat detection. The company has been led by CEO Mark Smialowicz. Micro Focus, a Newbury, U.K.-based enterprise application software company, said the acquisition adds depth to its security, risk and governance portfolio. Interset raised financing from Canadian and U.S. venture capital firms, including Anthem Venture Partners, In-Q-Tel, Toba Capital and Telesystem.
CIBC Innovation Banking provides credit facility to ConversicaConversica Inc, a Foster City, California-based provider of conversational artificial intelligence (AI) for business, has raised US$31 million in a Series C financing. The round's investors included Providence Equity Partners, Toba Capital, Kennet Partners and Savano Capital Partners. CIBC Innovation Banking, the technology lending arm of CIBC, provided a credit facility. Founded in 2007, Conversica uses conversational AI technology to enable intelligent assistants that automate business conversations. In September, PE Hub Canada reported on /canada/2018/09/cibcs-tech-lending-arm-ramps-up-cross-border-strategy-with-new-hires-deals/ CIBC Innovation Banking's North American scaling strategy.
Conversica nabs $31 mln Series CFoster City, California-based Conversica Inc, a provider of conversational artificial intelligence for business, has secured $31 million in Series C funding. Providence Strategic Growth Capital Partners L.L.C. led the round with participation from other return backers Toba Capital, Kennet Partners, CIBC Innovation Banking and Savano Capital Partners.
- Toba Capital leads Series A round for Wallarm
South San Francisco-based Wallarm, a provider of AI-powered application security, has secured $8 million in Series A funding. Toba Capital led the round with participation from Y Combinator, Partech and Gagarin Capital.
- Skupos inks $6.4 mln Series A
San Francisco-based Skupos, an analytics platform for the convenience store industry, has secured $6.4 million in Series A funding. Toba Capital led the round with participation from other investors that included Dynamo Fund and Loup Ventures.
- Seal Software raises $30 mln from Toba Capital
Seal Software said it raised $30 million from existing investor Toba Capital. The company also announced a partnership with DocuSign.
- Toba Capital leads seed round for Cursor
San Francisco-based Cursor, a data search and analytics hub, has secured $2 million in seed funding. Toba Capital led the round with participation from other investors that included Ride Ventures.
- Infocyte nabs $5.2 mln Series B
San Antonio, Texas-based Infocyte, a cyber security company, has raised $5.2 million in Series B funding. Toba Capital led the round with participation from return backers LiveOak Venture Partners and Feik Enterprises. In addition to the funding, Infocyte has named Curtis Hutcheson as CEO.
- Grow.com takes in $16 mln Series B
Utah and UK-based Grow.com, a reporting and analytics dashboard solution, has raised $16 million in Series B funding. Toba Capital led the round.
- Funraise gathers $9.7 mln Series A
Long Beach, California-based Funraise, a nonprofit fundraising software provider, has raised $9.7 million in Series A financing. Toba Capital led the round.