Toba Capital related stories
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PE-backed Conversica hires business development SVPFoster City, California-based Conversica, an artificial intelligence software firm, has named Victor Belfor as senior vice president of business development. Previously, Belfor worked at OpenSesame. Conversica is backed by Providence Equity, Kennet Partners and Toba Capital.
- Funraise rallies over $3 mln seed
Long Beach, California-based Funraise, a fundraising platform for nonprofits, has raised over $3 million in seed funding. Toba Capital led the round.
Georgian leads $22.5 mln Series B funding of Sentient ScienceSentient Science, a U.S. materials science-based software-as-a-service company, has raised US$22.5 million in a Series B financing. The round, Sentient's third since its founding in 2001, was backed by Canadian growth equity firm Georgian Partners. Buffalo, New York-based Sentient provides prognostic health monitoring and life extension actions to reduce costs and improve the reliability of rotating mechanical equipment, such as wind turbines. It will used the funds raised for new hires, software platform enhancements, and to facilitate the company's entrance into the commercial aerospace and rail markets.
- Sports League Gaming attracts $15 mln Series C
Super League Gaming, a community platform that offers accessible esports competitions, content and social interactions for amateur gamers, has raised $15 million in Series C funding. The investors included Nickelodeon, DMG Entertainment, Toba Capital, Cali Group and Jeffrey Vinik, owner of the NHL's Tampa Bay Lightning.
- FloQast picks up $25 mln Series B
FloQast Inc, a provider of close management software created by accountants for accountants, has closed $25 million in Series B financing. Insight Venture Partners led the round with participation from Toba Capital and Polaris Partners. In conjunction with the funding, Harley Miller, vice president of Insight Venture Partners, has been added to FloQast’s board of directors.
- VC-backed SmartZip to buy Reach150
SmartZip Analytics Inc has agreed to acquire Reach150, a referral management platform. No financial terms were disclosed. SmartZip is backed by Intel Capital, Claremont Creek Ventures, Crest Capital, Javelin Venture Partners, Cue Ball Capital, Toba Capital and ORIX Growth Capital.
- AI software company Conversica rallies $34 mln
Conversica, an artificial intelligence software firm, has raised $34 million in Series B funding. Providence Strategic Growth Capital Partners led the round with participation from other investors that included Toba Capital, Wellington Financial LP, Recruit Holdings Co. Ltd. and Kennet Partners. In addition to the funding, Gopi Vaddi, a managing director at PSG and Wilder Ramsey, a partner at Toba Capital, have been added to Conversica's board of directors.
Wellington Financial invests $8.5 mln in Conversica's Series B roundCanadian specialty finance firm Wellington Financial has provided US$8.5 million in growth funding to Conversica, a Foster City, California provider of artificial intelligence (AI)-powered business conversations. Wellington's investment was part of the company's US$34 million Series B financing, led by Providence Equity Partners. Founded in 2007, Conversica supports sales and marketing activity with AI-enabled software that engages leads in two-way human conversations via e-mail. It plans to use the funds raised to expand sales and marketing, support ongoing product development, and continue growth of its operations.
- Skupos scores $2.41 mln seed
San Francisco-based Skupos, a provider of retail distribution software for the convenience store industry, has raised $2.41 million in seed funding. Dynamo Fund led the round with participation from Toba Capital.
- Super League Gaming scores $5 mln
Los Angeles-based Super League Gaming, an interactive video game league, has secured $5 million in funding. The investors were Toba Capital and aXiomatic.