Private Equity
New York City-based Confiant, an advertising security firm, has raised $4.1 million in Series A funding. River Bay Investments and Rubicon Venture Capital led the round.
1 min read · 02 May 2019
Campbell, California-based Atia Vision, a medical device company, has secured $20 million in Series D funding. Cormorant Asset Management led the round with participation from The Capital Partnership, AMED Ventures and Shangbay Capital.
1 min read · 02 May 2019
Otrium, an online fashion outlet, has secured 7 million euros in Series A funding. Index Ventures led the round. In addition to the funding, Danny Rimer, a partner at Index Ventures, has joined Otrium's board.
3 min read · 02 May 2019
Locketgo, a Montréal-based provider of temporary storage solutions, has raised $1.2 million in a seed-stage financing. The round's Canadian investors included Anges Québec, CH Group, Maple Leaf Angels, Real Ventures and Jeffrey Kadanoff. Founded in 2016 by CEO Gabrielle La Rue, Locketgo offers a turnkey rental service of secure, intelligent lockers for events, such as concerts, conventions and festivals, as well as permanent installations. The startup, a graduate of accelerators Centech and FounderFuel, will use the round's proceeds to expand across the North American market, grow its team and continue research and development.
2 min read · 02 May 2019
Webware.io, a Toronto-based digital toolkit for small businesses, has raised $2 million in financing from a group of investors. The group was led by Moss Kadey, a Canadian entrepreneur and CEO of Mossco Capital. Other investors included the founders of Gluskin Sheff + Associates Inc, a Toronto-based wealth manager that earlier this year agreed to be acquired by Onex Corp. Founded in 2015 by CEO Cory York and CTO Indrajit Chowdhury, Webware.io helps small businesses develop a digital presence, from building websites and online stores to SEO marketing services and creating loyalty programs. The funds raised will be used to support the company's growth.
3 min read · 02 May 2019
Kobalt Security, a Vancouver-based cybersecurity company, has raised an undisclosed investment from Canadian early-stage venture capital firm Version One Ventures. The investment was part of a financing led by two of Kobalt's co-founders, Pankaj Agarwal and Boris Wertz, Version One's founding partner. BetaKit reports the round's total value at $1 million. Launched in 2018 and led by CEO Michael Argast, Kobalt is focused on bringing cybersecurity monitoring-as-a-service to small and mid-sized organizations. Kobalt is Version One's first cybersecurity deal and the first startup the investor has helped incubate.
3 min read · 01 May 2019
Delray Beach, Florida-based GFA International, an engineering and geological consulting firm, has raised an undisclosed amount of funding. The investors included Palm Beach Capital.
1 min read · 01 May 2019
Rosecliff Venture Partners is seeking to raise $175 million for its fifth fund, according to an updated SEC filing. The New York City-based venture firm invests in emerging tech companies.
1 min read · 01 May 2019
HealthX Ventures has set out to raise a $75 million second venture-capital fund, according to a filing with the SEC.
1 min read · 01 May 2019
Canadian women-focused venture firm Disruption Ventures cut its first cheque, backing a startup that serves the fast-emerging vacation-rentals sector. Disruption invested in the US$1 million seed round of Hostfully, a San Francisco software provider that helps rental-property managers streamline operations and engage with guests. Disruption Managing Partner Elaine Kunda said Hostfully matches the type of woman-founded startup her firm is looking to back. Kunda in 2018 launched Disruption to invest up to $1 million in North American early-stage tech companies founded and managed by female entrepreneurs. A second deal, this one located in Canada, is in the offing, Kunda said.
3 min read · 01 May 2019