Private Equity
GoJava, a Toronto-based sustainable office services provider, has raised more than $1 million in a second seed-stage financing. The round was led by Crux Capital Corp, which also led last year's $500,000 financing, and joined by Active Impact Investments and other investors. GoJava delivers coffee, other beverages and snacks to workplaces while removing and recycling materials like coffee pods, paper cups and organic waste. It reports doubling business in the past eight months to over 500 customers. Led by Founder and CEO Eugene Ace, GoJava will use the funds raised to further scale the business in Toronto and Ottawa and prepare for new Canadian markets in 2020.
2 min read · 04 March 2019
ForgePoint Capital, a cybersecurity-focused venture firm, has promoted Andrew McClure to principal. Currently, McClure represents ForgePoint as a board observer at two cybersecurity companies: CyberCube Analytics and BehavioSec.
3 min read · 04 March 2019
Cambridge, Ontario-based managed security services platform eSentire Inc has raised about $62 million (US$47 million) in follow-on financing. U.S. private equity firm Warburg Pincus, the company's majority investor since 2017, led the deal. It was joined by minority investors Georgian Partners and Edison Partners. The funds raised will allow eSentire to further develop its managed detection and response technology through the application of artificial intelligence methodology for threat hunting and advanced automation. The company said the innovation will enable its security experts to "operate at machine scale." ESentire is led by CEO Kerry Bailey and President and COO J. Paul Haynes.
4 min read · 04 March 2019
RightRice, a provider of vegetable rice products, has secured $5.5 million in funding. Strand Equity led the round.
1 min read · 04 March 2019
Kuli Kuli, a superfood moringa brand, has secured $5 million in Series B financing. Griffith Foods led the round with with participation from other investors that included eighteen94 capital, InvestEco, S2G Ventures, Authentic Ventures, VilCap Investments and Rocana Venture Partners.
1 min read · 04 March 2019
Israel-based Market Beyond, an ecommerce analytics company, has secured $4 million in funding. The investors were not named.
1 min read · 04 March 2019
Lehi, Utah-based Emmersion Learning, an edtech company, has secured $2.4 million in funding. Imagen Capital Partners led the round.
1 min read · 04 March 2019
California-based ServiceTitan, a provider of software for residential home service businesses, has named Guy Longworth as chief marketing officer. Previously, Longworth was CMO and senior vice president of QuickBooks. ServiceTitan is backed by Index Ventures, Dragoneer, T. Rowe Price, Battery Ventures, Bessemer Venture Partners and ICONIQ Capital.
3 min read · 04 March 2019
Philadelphia and Austin-based QuotaPath, which helps salespeople calculate and track their commissions, has raised $3.5 million in seed funding. ATX Seed Ventures led the round.
1 min read · 04 March 2019
Zabo, a cryptocurrency banking application, has raised $1.15 million in funding. The investor was Blockchange Ventures.
1 min read · 04 March 2019
