North America

AbleTo buys VC-backed Joyable

AbleTo Inc, a provider of virtual behavioral health care, has acquired Joyable, an app-based digital therapy company. No financial terms were disclosed. Joyable was backed by Thrive Capital and Harrison Metal.

Xapix inks $2 mln seed

San Francisco-based Xapix, a connected vehicle company, has raised $2 million in seed funding, according to a blog post on its site. Speedinvest led the round.

Playfair collects $32 mln for sophomore fund

UK-based Playfair Capital has raised $32 million for its second fund. The fund will invest in early-stage companies with a focus on deep tech, B2B SaaS and marketplaces.

API company Transposit raises $12.2 mln led by Sutter Hill Ventures

San Francisco-based Transposit, provider of an API composition platform that helps developers compose disparate APIs, announced it raised $12.2 million in a Series A round led by Sutter Hill Ventures. SignalFire and Unusual Ventures also participated in the round.

Tufin files to go public

Tufin Software Technologies Ltd, a cybersecurity software provider, has filed for an IPO. The company plans on listing the stock on the New York Stock Exchange under the ticker symbol "TUFN." J.P. Morgan Securities LLC, Barclays Capital Inc and Jefferies LLC are serving as the lead underwriters. Tufin is backed by Catalyst Investments and Marker.

Contrary Capital to raise $35 mln for second fund

Contrary Capital has set a $35 million target for its second fund, according to an SEC filing. Contrary is a university-focused venture firm.

Betterworks racks up more than $65 mln total

Betterworks, an enterprise HR software for continuous performance management, has secured an additional $27 million in funding, extending the company's Series B round to $51 million. The company's total funding is now more than $65 million. Betterworks' investors included investors included Emergence Capital and Kleiner Perkins.

Drug developer SOM Biotech snags funding

Barcelona-based drug developer SOM Biotech has secured 7 million euros in funding. The lead investor was " a holding company belonging to a European family with a long tradition in the pharmaceutical sector."

Samsung SDC backs VC-backed Iguazio

Samsung SDC has made an investment in Israel-based Iguazio, a data platform. No financial terms were disclosed. Iguazio is backed by Pitango Venture Capital, Verizon Ventures, Robert Bosch Venture Capital GmbH, CME Ventures, Magma Venture Partners, Jerusalem Venture Partners and Dell Technologies Capital.

OurCrowd unveils $50 mln medtech fund

OurCrowd, an Israel-based crowdfunding platform, has launched a $50 million medtech fund. The fund will focus on on medical devices, therapeutics, medical robotics and new developments in the medical industry.