Private Equity
San Francisco-based Nextdoor Inc, a social network for the neighborhood, has secured $170 million in financing. The investors were Bond, Riverwood Capital, Benchmark, Tiger Global Management and Kleiner Perkins. In conjunction with the funding, Bond's Mary Meeker will join Nextdoor's board of directors.
1 min read · 10 September 2019
California-based Canndescent, a cultivator of cannabis, has raised $27.5 million in Series C funding. Green Acre Capital, a cannabis-specific venture fund from Canada, led the round. Other investors that participated in the round were Carnegie Arch Capital, Senterra, LLC., Altitude Investment Management, JW Asset Management and an unnamed beer company from Asia. DelMorgan & Company and Benchmark provided financial advice on the transaction.
1 min read · 10 September 2019
Sourced Group, a global IT consultancy specializing in large-scale cloud transformations for regulated industries, has secured C$20 million in financing. Toronto-based Round 13 Capital led the round with participation from Comerica Bank and HSBC. In addition to the investment, Round 13 Capital co-founder John Eckert will join Sourced's board of directors. Sourced has offices in Toronto, Australia and Singapore.
1 min read · 10 September 2019
ComplianceQuest, a modern Salesforce-based enterprise quality management system, has raised $36 million in Series A funding. Insight Partners led the round.
1 min read · 10 September 2019
Burlington, Massachusetts-based CIMCON, a provider of smart cities technologies, has raised $33 million in financing. Digital Alpha led the round.
1 min read · 10 September 2019
Earnest Research, a provider of data analytics products for measuring the consumer economy, has raised $15 million in Series B funding. Pivot Investment Partners led the round with participation from return backers Greycroft, Osage and Bonfire Ventures.
1 min read · 10 September 2019
Boston-based Numerated, a bank technology company, has secured $15 million in Series B funding. Patriot Financial Partners led the round with participation from other investors that included Venrock, FINTOP Capital and Hyperplane.
1 min read · 10 September 2019
Realized, a provider of wealth management solutions for investment properties, has raised $6 million in Series A funding. Calibrate Ventures led the round with participation from Rice Park Capital.
1 min read · 10 September 2019
CasperLabs, an open-source blockchain platform, has raised $14.5 million in Series A funding. Terren Piezer led the round through his personal holding company Acuitas Group Holdings. Other investors include Arrington XRP Capital, Consensus Capital, Axiom Holdings Group, Digital Strategies, MW Partners, Blockchange Ventures, Hashkey Capital and Distributed Global.
4 min read · 10 September 2019
Keranova said Sept. 10 that it raised 24 million euros ($26.5 million) in a second round of funding that included participation from Mérieux Equity Partners and Supernova Invest. Financière Arbevel, Tourrette Investissement and other international partners also participated. Keranova specializes in the development of surgical ophthalmology equipment.
6 min read · 10 September 2019