Private Equity
Toronto-based video monetization platform Veühub has raised $2 million in a seed-stage financing. The round was backed by Bethmann Lombard Bancorp, a Canadian venture capital, merchant banking and financial advisory firm. Veühub provides technology to bring together video publishers, brands and agencies in a data-driven, content sharing and monetization platform. Since launching in 2016, the startup reports sharing millions of videos from unique content creators. Led by CEO Hainsley Guthrie, Veühub will use the round's proceeds to scale development and its sales team, as well as finish building a new omni-channel ad-serving software-as-a-service product, Slyngshot.
2 min read · 19 July 2019
Newport Beach, California-based Tidal Commerce, a payment processing and merchant services company, has secured $4 million in funding. The investor was Super G Capital.
1 min read · 19 July 2019
Visa said July 17 that it acquired Payworks. Financial terms weren’t announced. Payworks, of Munich, Germany, provides payment gateway software for the Point of Sale (POS). Payworks has raised $19 million through four rounds of VC funding, Crunchbase said. FT Partners advised Payworks.
4 min read · 19 July 2019
UK-based SteamaCo, a technology supplier to utilities in Africa and Asia, has raised $5 million in Series B financing. Praetura Ventures and Shell led the round.
1 min read · 19 July 2019
Pivot, a provider of smart at-home fitness solutions, has secured $17 million in Series A funding. DCM led the round with participation from Bling Capital, Founders Fund, Khosla Ventures, Signal Fire and Y-Combinator. In conjunction with the funding, DCM Partner Kyle Lui will be joining Pivot’s board of directors.
1 min read · 19 July 2019
Lexion, a provider of contract management solutions, has secured $4.2 million in funding, according to a blog post on its site. The backers were Madrona Venture Group and Wilson Sonsini Goodrich & Rosati.
1 min read · 19 July 2019
New York City-based Ethic Inc, an investment adviser, has secured $13 million in Series A funding. Nyca Partners led the round.
1 min read · 19 July 2019
Toronto-based Veühub, an online platform that delivers video content and programmatic monetization solutions, has raised US$2 million in seed funding. The investor was Bethmann Lombard Bancorp Inc., a mid-market private venture capital firm. The capital infusion will be used to scale internal development and Veühub's sales team, along with completing the build of their new omni-channel ad-serving SaaS product Slyngshot.
1 min read · 19 July 2019
Houston-based Innowatts, a provider of AI-enabled energy analytics solutions, has named Eric Danziger as chief revenue officer. Previously, he was the co-founder of Genability. Innowatts is backed by Energy Impact Partners, Evergy Ventures, Shell Ventures, Iberdrola, Energy and Environment Investment and Veronorte.
3 min read · 19 July 2019
Trinity Ventures is seeking to raise $250 million for its thirteenth fund, according to an SEC filing. Menlo Park, California-based Trinity Ventures is an early-stage venture firm.
1 min read · 19 July 2019
