Private Equity
AllegisCyber named Mike Aiello a venture partner. Aiello, a cybersecurity executive at Alphabet’s Google, will continue in that role.
4 min read · 01 November 2018
Richmond, Virginia-based Compare.com, an online car insurance comparison site, has secured $35 million in funding. The investors included former Admiral Group CEO Henry Engelhardt and his wife. In addition to the funding, Engelhardt will join the Compare.com's board of directors.
2 min read · 01 November 2018
Santa Cruz, California-based Jane Technologies, creator of iheartjane.com, an ecommerce marketplace for the cannabis industry, has secured $6 million in Series A funding. The investors were private. The funding comes on the heels of the marketplace's expansion to nearly 500 dispensaries across 19 states. The capital infusion will be used to bring dispensaries both the latest technological advances and data analytics, while optimizing the shopping experience for consumers.
3 min read · 31 October 2018
Silicon Valley-based Aspect Ventures, a venture firm, has named Vishal Lugani as principal. Lugani joined the firm in 2016. Prior to joining Aspect, Lugani worked at Greycroft Partners.
3 min read · 31 October 2018
Validere Technologies, a Calgary-based oil and gas internet-of-things and artificial intelligence platform, has raised $7 million in a seed-stage financing. The round was led by Sallyport Investments, a U.S. energy investment firm. It was joined by Y Combinator, Real Ventures, Moment Ventures and ZhenFund. Founded in 2015 by Nouman Ahmad, Joanna Aizenberg and Ian Burgess, Validere's technology helps midstream and upstream companies in the oil and gas sector to optimize blending, logistics and trading decisions. Validere will use the seed round's proceeds to fuel its U.S. expansion and further enhance its platform.
3 min read · 31 October 2018
Orchard Therapeutics, a gene therapy developer, has raised $200 million for its IPO after pricing its 14.3 shares at $14 per share. The stock began trading October 31, 2018 on the NASDAQ under the ticker symbol "ORTX." J.P. Morgan, Goldman Sachs and Cowen are the lead underwriters. Orchard's pre-IPO backers include Baillie Gifford, ORI Capital, Temasek and Cowen Healthcare.
3 min read · 31 October 2018
Cambridge, Massachusetts-based Freebird, a plane ticket ordering app, has raised $8 million in Series A funding. American Express Ventures led the round with participation from other investors that included CitiVentures, PAR Capital Ventures, General Catalyst and Accomplice.
1 min read · 31 October 2018
Fulton, Maryland-based Attila Security, a cybersecurity company, has raised $2.5 million in seed funding. DataTribe led the round with participation from Bull City Venture Partners and TEDCO's Seed Fund.
1 min read · 31 October 2018
CitiXsys, a provider of omnichannel retail management solutions, has raised $20 million in Series B funding. Housatonic Partners led the round.
1 min read · 31 October 2018
Imbellus, a developer of simulation-based assessment technology, has secured $14.5 million in Series A financing. Owl Ventures led the round with participation from other investors that included Upfront Ventures, Thrive Capital and Rethink Education.
1 min read · 31 October 2018
