North America

Insurance tech company Hi Marley attracts $8.7 mln

Hi Marley, an insurance technology company, has raised $8.7 million in Series A funding. True Ventures led the round with participation from Underscore VC.

CybeReady snaps up $5 mln

Tel Aviv-based CybeReady, a cybersecurity training platform for enterprises, has secured $5 million in funding. Baseline Ventures led the round.

Derrick Hunter named 2019 angel of the year by NACO, BDC

NACO announced Derrick Hunter, president and CEO of Bluesky Equities, has won the 2019 Canadian Angel of the Year award. The award, sponsored by BDC Capital, recognizes an early-stage investor who has made a significant contribution to the growth and development of the Canadian entrepreneurial ecosystem. Calgary-based Hunter has been an active member of the Alberta angel community for many years, investing in more than 50 startups. He is also a founding partner and fellow at Creative Destruction Lab-Rockies. NACO, the national association for angel investors, incubators and accelerators, has more than 4,000 members.

Testim pulls in $10 mln Series B

San Francisco and Tel Aviv-based Testim, a provider of AI-based software testing, has raised $10 million in Series B funding. SignalFire led the round with participation from Meron Capital, Lightspeed Venture Partners, NHN Ventures and Spider Capital.

Helium takes in $15 mln Series C

Helium, which is building a peer-to-peer wireless network, has raised $15 million in Series C funding. Union Square Ventures and Multicoin Capital led the round.

NGP invests in four companies and two funds

National Grid Partners has invested in four companies: Audio Analytic, a provider of sound recognition technology; Carbon Lighthouse, an environmentally focused business that makes it profitable for commercial and industrial buildings; Copperleaf, an asset management planning and decision analytics system provider; and GoCardless, a payments service provider. No financial terms were disclosed. Also, NGP has become a limited partner in IQ Capital's third fund and Jerusalem Venture Partners' eighth fund. No financial terms were disclosed.

SignalFx procures $75 mln Series E

SignalFx, a provider of real-time cloud monitoring and observability for infrastructure, microservices and applications, has raised $75 million in Series E funding. Tiger Global Management led the round.

Camden Partners is seeking $50 mln for its second venture fund

Symphony Communication Services racks up $165 mln

Palo Alto, California-based Symphony Communication Services LLC, a secure team collaboration platform, has raised $165 million in funding. The investors included Standard Chartered and MUFG Innovation Partners Co. Ltd.

Bridge Line Ventures amasses over $2.2 mln for $100 mln-targeted fund

Boca Raton, Florida-based Bridge Line Ventures has raised over $2.2 million for its new fund, according to an SEC filing. The target is $100 million.