North America

Windfall Data nets $9 mln

Windfall Data Inc, which determines the net worth of global households, has raised $9 million in funding. Bullpen Capital led the round with participation from Bonfire Ventures, Industry Ventures, TenOneTen Ventures and ValueStream Ventures.

VC-backed medical tech startup Ebb Therapeutics appoints president/CEO

Pittsburgh-based Ebb Therapeutics, a medical tech startup, has named Eduard Röösli as president and CEO. His appointment is effective immediately. Previously, he was managing director for Image Skincare. Ebb Therapeutics is backed by KKR, Arboretum Ventures, Versant Ventures and Partner Ventures.

PE-backed Cambium Learning to buy AIR Assessment

Cambium Learning Group Inc, a portfolio company of Veritas Capital, has agreed to acquire AIR Assessment, the student assessment division of the American Institutes for Research. No financial terms were disclosed.

Praemo closes $3.5 mln Series A round led by McRock Capital

Praemo, a Kitchener, Ontario-based industrial operations performance solution, has closed a Series A financing, raising $3.5 million. McRock Capital, a Canadian industrial internet-of-things venture capital firm, led the round. Launched in 2017, Praemo is the developer of Razor, an analytics engine that leverages artificial intelligence to predict and prevent disruption in industrial operations. The technology has so far been deployed in the automotive, industrial equipment manufacturing, injection molding, and food and beverage sectors. Led by CEO Michael Martinez, Praemo will use the round's proceeds to broaden its market reach, expand key partnerships, and further build out the Razor platform.

Canopy Growth to lead MoCanna's $5 mln Series A round

Toronto-based cannabis lifestyle brand MoCanna said Canopy Growth Corp (TSX: WEED, NYSE: CGC) will lead its Series A financing with a $2 million investment. The $5 million round is expected to close next month. Cannaglobal, a Canadian cannabis venture capital firm and MoCanna's largest shareholder, will also invest. Founded by Chairman Lorne Gertner and led by CEO Shauna Levy, MoCanna is the company behind byMinistry, which aims to integrate cannabis consumption lounges, dispensaries and convenience stores. ByMinistry's Toronto location, which will open in early 2020, is intended to be the first of several created across North America over the next five years.

DemystData rakes in $12.5 mln

DemystData, an external data marketplace, has secured $12.5 million in funding. MissionOG and Notion Capital led the round with participation from Singtel Innov8.

East Ventures raises $75 mln for sixth fund

​Southeast Asian venture firm East Ventures has closed its sixth fund at $75 million, beating its initial $30 million target. The fund's backers includes Pavilion Capital, Adams Street Partners and Temasek.

Splunk to acquire VC-backed SignalFx for $1.05 bln

Splunk Inc has agreed to acquire San Mateo, California-based SignalFx, a provider of real-time cloud monitoring and observability for infrastructure, microservices and applications, for $1.05 billion. SignalFx's backers included Tiger Global Management, General Catalyst, Andreessen Horowitz and CRV.

Biotech firm Aperiomics procures $1.8 mln Series A

Sterling, Virginia-based Aperiomics, a biotech firm, has secured $1.8 million in Series A funding. VentureSouth led the round.

Knotel locks in $400 mln

New York City-based Knotel, a flexible workspace provider, has secured $400 million in financing. Wafra led the round.