North America

Clari lands $60 mln Series D

Sunnyvale, California-based Clari, a provider of an AI-powered revenue operations platform, has secured $60 million in Series D financing. Sapphire Ventures led the round with participation from Madrona Venture Group, Sequoia Capital, Bain Capital Ventures and Tenaya Capital.

Maveron led Series A round for Tempest

Tempest, a virtual program changing how individuals access recovery, has raised $10 million in Series A financing. Maveron Capital led the round.

Element451 fetches $1 mln seed

Raleigh, North Carolina-based Element451, a creator of a cloud-based customer relationship management platform, has secured $1 million in seed funding. The investor was Cofounders Capital.

RigUp raises $300 mln

RigUp said Oct. 10 that it raised a $300 million Series D round led by Andreessen Horowitz (a16z) with participation from existing investors, including Founders Fund, Bedrock Capital, and Quantum Energy Partners. New investors include Baillie Gifford and Brookfield Growth Partners. RigUp, of Austin, provides a marketplace for on-demand services and skilled labor.

IM Therapeutics locks in $10 mln Series A

Woburn, Massachusetts-based mmunoIMolecular Therapeutics, a developer of personalized therapies for autoimmune disease, has raised $10 million in Series A financing. JDRF T1D Fund and Morningside Ventures led the round with participation from the Colorado University Healthcare Innovation Fund.

Emplify raises $10 mln

Emplify said Oct. 10 that it raised a $15 million funding round led by Edison Partners. Prior investors, including Allos Ventures, Cultivation Capital, Mark Hill, Bob Davoli from Gutbrain Ventures and 4G Ventures managing director Bill Godfrey, participated in the round. Emplify, an employee engagement company, said it hired George Tate as SVP of Sales.

Medical device firm Soliton to raise $6.25 mln in private placement

Soliton Inc, a medical device company, has agreed to raise $6.25 million in a private placement. Remeditex Ventures LLC led the financing.

Next Ventures taps Strong as managing partner

Austin, Texas-based Next Ventures, a venture firm focused on sports, fitness, nutrition, and wellness markets, has named Melanie Strong as a managing partner. Previously, Strong was a member of the firm's advisory board. Next Ventures was founded by Lance Armstrong and Lionel Conacher.

EnerTech Capital to manage mobility tech fund targeted at $100 mln

The Sacramento Municipal Utility District (SMUD) is looking to raise a venture capital fund to back startups developing mobility technology, according to a report by the Sacramento Business Journal. The fund is targeting US$100 million, the report said, mostly from corporate investors, such as automotive and technology companies. EnerTech Capital, a Toronto-based energy technology venture capital firm, will manage the fund.

Satelles raises $26 mln

Satelles Inc raised $26 million in a funding round led by C5 Capital. Satelles, of Redwood City, California, provides time and location technology that is delivered over the Iridium constellation of low-Earth-orbit (LEO) satellites.