North America

Cultivation Capital amasses $74.1 mln for third tech fund

Cultivation Capital has raised $74.1 million for its third tech fund, according to an SEC filing. The target is $75 million. Based in St. Louis, Missouri, the venture firm invests in early-stage technology, software and life sciences companies.

CardX picks up $2 mln

Chicago-based CardX, a payment technology company, has secured $2 million in financing. The investor was Pace Financial Group.

Private Equity Jobs of the Week: PNC, Invesco and Morgan Stanley are hiring

This week’s jobs include directors at PNC and Invesco and an investment officer at New York State Teachers Retirement System.

VC-backed Datadog files to go public

Datadog, a monitoring and analytics platform for developers, IT operations teams and business users, has filed for an IPO. The company plans on trading the stock on the NASDAQ under the ticker symbol "DDOG." Morgan Stanley, Goldman Sachs, J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC are serving as the lead underwriters. Datadog's backers include ICONIQ Capital, Index Ventures, OpenView Ventures, Amplify Partners and Contour Ventures.

Venture-backed 360insights acquires Ohana Companies

360insights has acquired Ohana Companies, a Wilmington, Delaware-based promotional marketing business and rebate service provider. Terms weren't released for the deal, which follows 360insights' purchase earlier this year of MTC Performance, a Schaumburg, Illinois-based provider of sales incentive management solutions. 360insights, a Whitby, Ontario-based channel incentives management platform, said the acquisition of Ohana bolsters its consumer rebate offerings. Founded in 2008 by CEO Jason Atkins, 360insights closed a $30 million financing in 2016. The round was led by Sageview Capital and joined by OMERS Ventures, Klass Capital, Leaders Fund and Export Development Canada.

Molecular Diagnostics firm Atonarp inks $33 mln Series C

Atonarp, a molecular diagnostics company, has raised $33 million in Series C funding. The investors included Japan Post Investment Corporation, SBI Investment Co., Ltd, Northwestern Mutual Future Ventures, INCJ Ltd and Innovative Venture Fund Investment Limited Partnership.

Ario Technologies scores $2 mln

Ario Technologies, a provider of an augmented reality software-as-a-service platform, has secured $2 million in funding. NRV led the round.

Array Analytics inks $2 mln

Array Analytics, the technology subsidiary of Array Architects, has secured $2 million in financing round. The investors were not named.

Swiss mobile banking app Numbrs racks up $40 mln

Zurich-based mobile-banking app Numbrs has raised an additional $40 million, bringing its valuation to over $1 billion, according to a blog post on its site. The investors were not named.

Molecula grabs $6 mln seed

Austin, Texas-based Molecula, an enterprise software company, has secured $6 million in seed funding. The investors included Seraph Group, Lontra Ventures, Velar Capital, Capital Factory, Andrew Busey and Jason Dorsey.