Private Equity
San Francisco-based Qordoba, a UX content management platform, has raised $11.5 million in Series B funding. Aspect Ventures led the round with participation from Upfront Ventures, Rincon Ventures, Broadway Angels and Michael Stoppelman, the co-founder of Yelp.
1 min read · 12 October 2018
Roblox has acquired San Mateo, California-based PacketZoom, a mobile networking platform provider, according to a blog post on the former company's site. No financial terms were disclosed. As part of the deal, PacketZoom’s founder and CTO Chetan Ahuja, along with the PacketZoom engineering team, will join Roblox. PacketZoom was backed by Baseline Ventures, First Round Capital, Tandem Capital and Arafura Ventures.
1 min read · 12 October 2018
San Francisco-based Allbirds, a maker of eco-friendly wool shoes, has raised $50 million in Series C funding. T. Rowe Price Investment Management led the round with participation from Fidelity Management & Research Company and return backer Tiger Global.
3 min read · 12 October 2018
Rhythm Venture Capital has launched Rhythm Fund X, a new fund. Rhythm Fund X has raised an undisclosed amount of funding in its first closing. The fund is seeking to make its initial investment by the end of the first quarter of 2019. Rhythm Venture Capital focuses on digital health, healthcare services, biotech and life sciences.
1 min read · 12 October 2018
Coord, a mobility data platform, has raised $5 million in Series A funding. Alliance Ventures, Renault-Nissan-Mitsubishi's venture fund, led the round.
1 min read · 12 October 2018
China-based Yoho, a streetwear platform, has raised "tens of millions" of dollars in financing. C Ventures led the round. Pioneer Capital was financial adviser on the transaction.
1 min read · 12 October 2018
Kahoot, a game-based learning platform, has raised $15 million in funding. Datum Invest AS led the round.
1 min read · 11 October 2018
Santa Clara, California and Israel-based Nyotron, a cybersecurity firm, has secured $10 million in funding. The investor was Ingram Micro.
3 min read · 11 October 2018
Houston Exponential has raised $25 million toward its Houston-based venture-capital fund of funds, the HX Venture Fund, according to a filing with the SEC.
1 min read · 11 October 2018
Tilray Inc (Nasdaq: TLRY), a Nanaimo, British Columbia-based cannabis research and production company, has acquired Alef Biotechnology SpA, Tilray's Chilean import and distribution partner. Alef's outstanding equity was purchased for about $5 million in cash and stock. Tilray said the deal creates a hub to distribute its products throughout Latin America. In July, Tilray raised about US$153 million in an initial public offering. It continues to be majority owned by U.S. cannabis private equity firm Privateer Holdings.
3 min read · 11 October 2018
