North America

Digital pathology startup Deep Lens rakes in $3.2 mln seed

Deep Lens Inc, a digital pathology startup, has secured $3.2 million in seed financing. Sierra Ventures led the round with participation from Rev1 Ventures and Tamarind Hill Fund. In conjunction with the financing, Mark Shary, managing member of Tamarind Hill, and Dr. Jeff Elton, CEO of Concerto Health AI, will join the Deep Lens board of directors.

Berkeley Lights snags $95 mln

Berkeley Lights Inc, a digital cell biology company, has closed $95 million in funding. Nikon led the round with participation from Sequoia Capital, Walden-Riverwood Ventures, Black Diamond Ventures, Paxion Capital, Cota Capital, KTB Network, Atinum Investment, Shangbay Capital, AJS BioTree Healthcare Fund and Varian.

In-space connectivity platform Kepler raises $20.8 mln Series A

Kepler Communications, a Toronto-based satellite telecommunications company, has secured about $20.8 million (US$16 million) in a Series A financing. U.S. venture capital firm Costanoa Ventures led the round, with participation from DB Digital Ventures, the venture capital arm of Germany's Deutsche Bahn AG. IA Ventures, which led Kepler's seed round in 2016, also invested, as did other existing backers. To date, the company has raised more than $27 million. Founded in 2015 and led by CEO Mina Mitry, Kepler is building a network of nanosatellites to provide broad-based in-space connectivity. It will use the funds raised to grow revenue and launch 15 additional nanosatellites by 2020.

PERQ grabs $4 mln

Indianapolis-based PERQ, a provider of online consumer engagement and shopping behavior solutions, has secured $4 million in funding. Elevate Ventures led the round.

TRI inks funding

UK and Raleigh, North Carolina-based TRI, a provider of risk-based monitoring solutions for clinical trials, has raised an undisclosed amount of funding. The investor was Octopus Investments, a subsidiary of the Octopus Group.

Glilot raises $110 mlm for third fund

Glilot Capital Partners, an Israeli venture firm focused on early-stage startups, has closed its third fund at $110 million. As with the previous funds, Glilot III will invest in Israeli early-stage startups in artificial intelligence, big data and cyber security.

Venture-backed Auvik Networks acquires Spain's Talaia

Auvik Networks has acquired Talaia, a Spanish network traffic analytics solution. No financial terms were released. Based in Waterloo, Auvik is a provider of network management software for managed services providers (MSP). It said the acquisition will help MSP partners overcome network performance issues through more visible traffic flows. Talaia’s technology will be integrated into Auvik’s system as a component called TrafficInsights. Earlier in 2018, Auvik raised $20 million in a Series C financing led by OpenView and joined by Celtic House Venture Partners and Rho Canada Ventures.

Yottaa nabs $11 mln

Waltham, Massachusetts-based Yottaa Inc, a SaaS platform for accelerating ecommerce, has raised $11 million in funding. DN Capital led the round. In addition to the fundraising, Yottaa has appointed Jim Morrone as new vice president of worldwide sales.

Dawn Capital leads $30 mln round for Garrison

UK-based Garrison, a provider of ultra-secure web browsing technology, has raised $30 million in funding. Dawn Capital led the round.

Eigen Innovations secures $3.5 mln in Globalive-led financing

Eigen Innovations, a Fredericton-based internet-of-things solutions provider for manufacturing systems, has raised $3.5 million in its latest financing. The round was led by new investor Globalive Technology. It was joined by BDC Capital’s Women in Technology Venture Fund (WIT), New Brunswick Innovation Foundation, Opportunities New Brunswick and several angel investors. Founded in 2012 and led by CEO Scott Everett, Eigen's software helps manufacturers optimize highly complex and repeatable processes using artificial intelligence-enabled technology. It will use the funds raised to fuel additional growth at home and abroad.