North America

Pimcore rallies $3.5 mln Series A

Salzburg, Austria-based Pimcore, an open-source platform for data and customer experience management, has raised $3.5 million in Series A funding. German Auctus Capital led the round.

Medical device firm EDGe takes in $4 mln Series A

Chicago-based EDGe Surgical Inc, a medical device company focused on precision measurement solutions for orthopedic surgery, has raised $4 million in Series A financing. The investors were not named.

Aspen RxHealth nets $9 mln Series A

Aspen RxHealth, a developer of technology that connects a community of pharmacists with patients, has secured $9 million in Series A funding. Flare Capital Partners led the round.

WhyHotel raises $10 mln led by Highland Capital

Washington, D.C.-based WhyHotel, which provides an alternative lodging service that operates pop-up hotels​ in newly, luxury apartment buildings, announced it has raised $10 million in Series A funding. Highland Capital Partners led the round, which included participation from Camber Creek, Revolution’s Rise of the Rest Seed Fund, Mendacre, MetaProp and Geolo Capital. The company, founded in 2016, previously raised $3.9 million in seed funding.

VC-backed G2 Crowd acquires Siftery

Chicago-based G2 Crowd announced it has acquired Siftery, platform that helps businesses discover new applications based on stacks used by peer companies. San Francisco-based Siftery had previously raised $4.1 million from investors, including Felicis Ventures and Venrock, among others. Siftery’s 20 employees and co-founders, CEO Vamshi Mokshagundam and CTO Ayan Baruna, will join G2 Crowd. G2 Crowd operates a marketplace for businesses to buy and manage software and services, and in October raised $55 million in a Series C round led by IVP and has now raised $100 million in total funding.

The Hardware Club closes $50 mln first fund.

The Hardware Club said it completed a final close of its $50 million first fund. The firm, operating from Paris, Tokyo and San Francisco, raised the capital from investors, including Isomer Capital, Draper Esprit, Bpifrance’s French Tech Acceleration funds, Foxconn and Arkéa.

Fusion Fund launches in Ohio

Bounce Innovation Hub, Acquire Investments and JumpStart Inc announced the launch of Fusion Fund, a $20-million, for-profit venture fund aimed at growing companies in and around Ohio. The fund will make seed and early-stage investments in advanced materials, life sciences and tech companies located within a four-hour radius of Akron, Ohio.

AtScale fetches $50 mln Series D

San Mateo, California-based AtScale, a data warehouse virtualization platform company, has raised $50 million in Series D funding round. Morgan Stanley led the round with participation from other investors that included Storm Ventures, Wells Fargo and Atlantic Bridge.

VC-backed Arctic Wolf acquires RootSecure Corp

Arctic Wolf Networks has acquired Sunnyvale, California and Waterloo, Ontario-based RootSecure Corp, a provider of advanced cybersecurity risk assessment solutions. No financial terms were disclosed. Arctic Wolf is backed by Future Fund, Adams Street, Unusual Ventures, Lightspeed Venture Partners, Redpoint Ventures, Sonae Investment Management and Knollwood Investment Advisory LLC.

Astrapi Corporation procures funding

Dallas-based Astrapi Corporation, a provider of spiral-based signal modulation technology, has raised an undisclosed amount of funding. The investor was Ascend Venture Capital.