Private Equity

North America

VC-backed BetterUp hires Wolf as CMO

San Francisco-based BetterUp, a leadership development platform, appointed Deborah Wolf as chief marketing officer. Previously, she was a vice president of corporate marketing at Workday. BetterUp's backers include Lightspeed Venture Partners, DFJ, Freetyle Capital and Crosslink Capital.

2 min read · 25 October 2018

UiPath adds two VC execs to board

UiPath, an enterprise robotic process automation software company, has named Carl Eschenbach and S. Somasegar to its board. Eschenbach is a partner at Sequoia Capital while Somasegar is a managing director at Madrona Venture Group. UiPath is backed by Accel, CapitalG, Credo Ventures, Earlybird’s Digital East Fund, Kleiner Perkins, Seedcamp and Sequoia.

4 min read · 25 October 2018

Innovusion picks up $30 mln Series A

Silicon Valley-based Innovusion, a developer of LiDAR technology for the autonomous vehicle markets, has raised about $30 million in Series A funding. The investors included NIO Capital, Eight Roads Ventures and F-Prime Capital.

1 min read · 25 October 2018

VergeSense procures $1.5 mln

San Francisco-based VergeSense, a provider of an AI-powered sensor-as-a-service platform for commercial real estate, has raised $1.5 million in funding. JLL Spark led the round with participation from Bolt and Pathbreaker Ventures.

1 min read · 25 October 2018

Milestone Pharmaceuticals secures $105 mln in RTW-led round

Montréal-based cardiovascular drug developer Milestone Pharmaceuticals has raised $80 million in its latest financing. U.S. life sciences investment firm RTW Investments led the round. It was joined by other new investors, including Venrock Healthcare Capital Partners and Tavistock Group, and existing investors, including Novo Holdings A/S, Forbion Capital Partners, Tekla Capital Management, Domain Associates, BDC Capital, Pappas Capital, GO Capital and Fonds de solidarité FTQ. Milestone will use the funds raised for its Phase 3 clinical program, pre-launch activities of etripamil, a new drug for treating paroxysmal supraventricular tachycardia, and expanding its pipeline. Led by President and CEO Joseph Oliveto, Milestone closed a $68 million Series C round last year.

4 min read · 25 October 2018

iNovia Capital invests in $8 mln seed financing of Spatial

Spatial, a New York-based augmented reality software provider, has raised US$8 million in a seed-stage financing. The round's investors included iNovia Capital, a Canadian early-stage venture capital firm, as well as Expa's Garrett Camp, Samsung Next, Joi Ito, Mark Pincus and Andy Hertzfeld. The funds raised will support the launch of Spatial's cross-reality collaboration platform, which creates 3D work spaces and connects users remotely using lifelike avatars. Spatial was founded in 2016 by CEO Anand Agarawala and CPO Jinha Lee.

3 min read · 25 October 2018

Scale Computing pulls in $34.8 mln Series F

Indianapolis-based Scale Computing, a hyperconverged and edge computing provider, has raised $34.8 million in Series F funding. The lead investor was Lenovo.

3 min read · 25 October 2018

Coople raises $21 mln

Coople said Oct. 25 that it raised $21 million in funding from from One Peak Partners, Goldman Sachs Private Capital and Harbert European Growth Capital. Coople, with offices in Zurich and London, operates an on-demand staffing platform in Europe.

4 min read · 25 October 2018

Tado raises $50 mln

Tado said Oct. 25 that it raised $50 million in funding from investors including Amazon, E.ON, Total Energy Ventures, Energy Innovation Capital, Inven Capital and the European Investment Bank. Tado, of Munich, provides Smart Thermostats connect heating and air conditioning systems to the internet.

2 min read · 25 October 2018

Tiger Global and Casa Verde lead $50 mln round for Metrc

Metrc, a provider of regulatory solutions for the legal cannabis industry, has secured $50 million in funding. Tiger Global Management and Casa Verde Capital led the round.

3 min read · 25 October 2018

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