North America

Baird Capital leads Series A round for ChurnZero

Arlington, Virginia-based ChurnZero, a customer success platform, has secured $7 million in Series A funding. Baird Capital led the round with participation from other investors that included Grotech Ventures, Middleland Capital, Charlottesville Angel Network and Center for Innovative Technology.

Brightback fetches $11 mln Series A

San Francisco-based Brightback, a customer retention software for subscription businesses, has raised $11 million in Series A funding. Index Ventures led the round with participation from return backers Point Nine Capital, Matrix Partners and Rembrandt Venture Partners.

Chili Piper grabs $3 mln seed

Chili Piper, a provider of buyer enablement solutions, has secured $3 million in seed funding. Flashpoint Venture Capital led the round.

Alt Thirty Six locks in $10 mln Series A

Alt Thirty Six, a digital payment and compliance platform for the cannabis industry, has raised $10 million in Series A funding. The investors were not named.

Zageno inks $20 mln Series B

Cambridge, Massachusetts-based Zageno, an enterprise marketplace for lab supplies, has raised $20 million in Series B funding. General Catalyst led the round with follow-on investment from Grazia Equity and Capnamic Ventures.

Censinet pulls in $7.8 mln Series A

Boston-based Censinet, the third-party risk management company for healthcare providers, has raised $7.8 million in Series A funding. HLM Venture Partners and Cedars-Sinai Health System led the round with participation from seed investors Schooner Capital, LRVHealth and Excelerate Health Ventures.

Dance Biopharm Holdings takes in $20.5 mln

San Francisco-based Dance Biopharm Holdings Inc, a clinical-stage biopharma company, has raised about $20.5 million in funding. The investors included Molex Ventures LLC, a subsidiary of Koch Industries.

Harness snags $60 mln Series B

San Francisco-based Harness, a continuous delivery-as-a-service platform, raised $60 million in Series B funding. IVP, Google Ventures and ServiceNow Ventures led the round.

U.S. hedge fund to anchor TerrAscend offering of up to $40 mln

Mississauga, Ontario-based cannabis company TerrAscend Corp has launched a non-brokered private placement to raise up to $40 million (US$30 million). The offering will include a minimum lead-order investment of about $13.4 million (US$10 million) from JW Asset Management, a U.S. hedge fund manager. JW currently holds about 30 percent of TerrAscend's issued and outstanding common shares. TerrAscend operates several businesses active in the medical and legal adult-use cannabis markets in Canada and the United States. The company will use the offering's proceeds for its U.S. acquisition strategy, working capital and other priorities.

Deskforce raises Series A round

Deskforce said April 23 that raised a Series A financing round from Cornerstone Venture Partners. Financial terms weren’t announced. Deskforce, of Jerusalem, aims to help businesses with a full ecosystem of software that consolidate the business process and strengthen their business intelligence efforts.