Private Equity
Research Bridge Partners has launched a seed fund that will invest in university spinouts. The target was not specified.
2 min read · 16 July 2019
Singapore-based Glints, which operates a recruitment and career development program in Southeast Asia, announced it has raised $6.8 million in an oversubscribed Series B round. Monk's Hill Ventures led the funding, which also included new investor Hong Kong-based MindWorks Ventures and existing backers Fresco Capital and Wavemaker Partners.
1 min read · 15 July 2019
Bulletin, a retail technology company, has raised $7 million in Series A funding. Foundation Capital led the round with participation from Kleiner Perkins, Trail Mix Ventures and Afore Capital.
1 min read · 15 July 2019
Lagos, Nigeria-based Space in Africa, a provider of daily news and data analysis related to the African space industry, has secured an undisclosed amount of seed funding. AC Ventures led the round.
1 min read · 15 July 2019
San Francisco-based Affinity, a relationship intelligence platform, has expanded its senior team with four new hires. Joining the company are Andy Bryson as vice president of product, Travis Ortiz as vice president of design, Brian Cloughley as vice president of customer success and Stephani Martin as vice president of people. Affinity is backed by Advance Venture Partners, 8VC, MassMutual Ventures, Sway Ventures, Pear Ventures, Great Oaks Venture Capital and Western Technology Investment.
4 min read · 15 July 2019
India-based Moglix, a B2B commerce company, has raised $60 million in Series D funding. Tiger Global, Sequoia India and Composite Capital led the round.
1 min read · 15 July 2019
DefenseStorm, an Alpharetta, Georgia-based provider of cybersecurity and cybercompliance solutions to banks, has raised US$15 million in a Series A financing. The round was led by Canadian growth equity firm Georgian Partners. Georgian Managing Partner Justin LaFayette will join the board. Founded in 2014, DefenseStorm provides cloud-based, compliance-automated solutions to help regional and community banks and credit unions achieve real-time cyber safety and soundness. DefenseStorm said it will also partner with Georgian's impact team to accelerate the adoption of applied artificial intelligence and trust and create new product capabilities.
3 min read · 15 July 2019
Ezlo Innovation has acquired Alabama-based Centralite Systems, a maker of smart home devices. No financial terms were disclosed. Ezlo Innovation is backed by MAVeCap.
2 min read · 15 July 2019
CIBC Innovation Banking, the technology lending arm of CIBC, has opened a new office in Austin, Texas. The location, which brings the group's North American offices to nine, will be joined by Sara Johnson, who was hired as managing director. CIBC Innovation Banking also expanded its teams in Menlo Park, hiring Holly Dungan as managing director, and Denver, Colorado, hiring Kevin Grossman as managing director, corporate finance. Dungan, Grossman and Johnson all previously worked as technology financing solutions providers in the U.S. market. PE Hub Canada last year interviewed Mark McQueen, the group's president and executive managing director, about his North American scaling strategy.
3 min read · 15 July 2019
New Hope, Pennsylvania-based Orchestra BioMed Inc, a biomedical innovation company, has raised $34 million in financing. Perceptive Advisors, RTW Investments and Soleus Capital led the round.
1 min read · 15 July 2019
