North America

DDF taps Jung as partner

The Dementia Discovery Fund, a venture fund that invests in projects and companies that develop treatments for age-related dementias, has named Dr. Christian Jung as a partner. Previously, he worked at Wellington Partners Life Sciences where he was a principal. SV Health Investors manages DDF.

VC-backed ChurnZero adds three to leadership team

Arlington, Virginia-based ChurnZero, a customer success platform, has named Abby Hammer as chief customer officer, Hunter Montgomery as chief marketing officer and Jason Moore as vice president of sales. ChurnZero's backers included Baird Capital, Grotech Ventures and Middleland Capital.

Clio amasses Series D from TCV and JMI

Clio, a provider of cloud-based legal technology, has raised US$250 million in Series D funding. The investors were TCV and JMI Equity. Raymond James served as a buyside financial adviser to TCV on this transaction. According to the announcement of this fundraising, it "marks one of the largest in legal technology, the largest in Canadian history, and a definitive shift for the future of the legal industry." Clio has offices in Toronto, Calgary, Los Angeles and Ireland.

Zippity nabs $3 mln seed

Zippity, an onsite car care provider for the workplace, has raised $3 million in seed funding. Schooner Capital led the round with participation from BP Ventures and LaunchPad Ventures.

Spirable fetches Series A funding

London-based Spirable, a provider of personalized video marketing automation, has raised 6 million pounds in Series A funding. Smedvig Capital led the round with participation from Frontline Ventures, Downing Ventures and 24 Haymarket.

RippleMatch inks $6 mln Series A

RippleMatch, a job hiring platform, has raised $6 million in Series A funding, according to a Medium blog post. The backers were G20 Ventures, Accomplice, Bullpen Capital and AlleyCorp.

SoftBank backs Exeger

SoftBank Group Corp has invested $10 million in Exeger. Based in Sweden, Exeger is a manufacturer of a carbon positive material that converts light energy to electrical energy.

Telescope Partners leads Series A round for Hotel Engine

Hotel Engine, a hotel booking and management platform for business travel, has secured $16 million in Series A funding. Telescope Partners led the round.

Commvault to buy VC-backed Hedvig for $225 mln

Commvault has agreed to acquire Santa Clara, California-based Hedvig, an software-defined storage company, for a consideration of $225 million. Hedvig's backers include EDBI, Hewlett Packard Enterprise, Atlantic Bridge Ventures, True Ventures and Vertex Ventures.

MIMS grabs C$2.6 mln seed

Montreal-based My Intelligence Machines, which provides a SAAS platform for analyzing omics data via different types of artificial intelligence, has secured C$2.6 million in seed funding. The investors were Anges Québec, Anges Québec Capital, Desjardins Capital, Consortium MEDTEQ, Real Ventures and StandUp Ventures. The capital infusion will be used to "develop so-called turnkey and integrated solutions enabling life scientists, without expertise in bioinformatics or data sciences, to stratify human, animal and plant populations." MIMS was founded in 2016 by Sarah Jenna, Mickaël Camus and Abdoulaye Baniré Diallo.