North America

Vistara provides growth capital to Kore.ai

Orlando, Florida and India-based Kore.ai, a conversational AI platform provider, has secured growth capital from Vancouver, British Columbia-based Vistara Capital Partners. The capital infusion will be used to advance Kore.ai's technology for the enterprise sector and accelerate its global growth initiatives. Marlin & Associates served as strategic and financial adviser to Kore.ai for this transaction.

Index Ventures leads Series A round for Cutover

London and New York City-based Cutover, a cloud-enabled work orchestration and observability platform, has secured $17 million in Series A funding. Index Ventures led the round.

Threekit scores $20 mln Series A

Chicago-based Threekit, a product visualization software platform, has secured $20 million in Series A funding. Shasta Ventures led the round with participation from other investors that included Salesforce Ventures and former San Francisco 49ers Hall of Famer Steve Young. Threekit has a technology innovation centre in Ottawa.

Xact Robotics reels in $36 mln

Xact Robotics, an Israel-based provider of robotics navigation and steering solutions for percutaneous image-guided procedure, has secured $36 million in funding. The investors included Chasing Value Asset Management Inc.

Orbital Insight picks up $50 mln Series D

Palo Alto, California-based Orbital Insight, a provider of geospatial analytics software, has raised $50 million in Series D financing. Sequoia Capital and Clearvision Ventures led the round.

Convoy drives off with $400 mln Series D

Seattle and Atlanta-based Convoy, a digital freight network, has secured $400 million in Series D funding. Generation Investment Management and T. Rowe Price Associates Inc led the round.

CIBC backs Madwire

CIBC Innovation Banking, the tech lending arm of Canadian bank CIBC, has provided US$16 million to Fort Collins, Colorado-based Madwire, a provider of software and services for small-to-medium-sized businesses. Also, CIBC provided a US$6 million loan to back Madwire's acquisition of Austin-based SpaceCraft, a cloud-based website development and management platform.

Emerge nabs $12 mln Series A

Los Angeles-based Emerge, a cross-reality presence company, has secured $12 million in Series A funding. M13 led the round with participation from other backers that included Vulcan Capital and LionTree Partners.

Guild Education takes in $157 mln Series D

Denver-based Guild Education, an edtech company, has raised $157 million in Series D financing. General Catalyst led the round.

Total Server Solutions attracts $35.5 mln

Total Server Solutions, a hybrid cloud and edge solutions company, has secured $35.5 million in funding. Crestline Investors provided a $27.5 million credit facility while Layer 7 Capital provided a $8 million Series B equity facility.