Private Equity
Braze, a global customer engagement platform, has raised $80 million in Series E funding. Meritech Capital Partners led the round.
1 min read · 03 October 2018
Kooltra, a Toronto-based cloud platform for automating foreign exchange (FX) trading, has closed a $6.5 million round, bringing total early-stage funding to $8.8 million. The deal was backed by new investors Hyde Park Venture Partners, Round 13 Capital and Salesforce Ventures and existing investor Real Ventures. Founded in 2012 by CEO Adam Katz, Kooltra's platform helps financial institutions and non-bank businesses modernize FX operations traditionally enabled by legacy technology, manual processes and spreadsheets. The company will use the funds raised to grow its team, build out its platform, expand operations in the United Kingdom, and pursue opportunities in the United States.
5 min read · 03 October 2018
Austin, Texas-based Stoplight, an enterprise API lifecycle company, has secured $3.25 million in seed funding. Bill Wood Ventures led the round with participation from NextGen Venture Partners, Next Coast Ventures, Social Starts and Capital Factory.
1 min read · 03 October 2018
Montréal-based travel booking app Hopper has secured about $128 million (US$100 million) in a Series D financing, increasing total funding so far to about $235 million. The Series D was led by OMERS Ventures. It was joined by existing investors Caisse de dépôt et placement du Québec, Accomplice, Brightspark, Investissement Québec, BDC Capital's IT Venture Fund and new investor Citi Ventures. Hopper said it will use the funds raised to expand globally and continue its artificial intelligence development. Founded in 2007 by CEO Frédéric Lalonde, CTO Joost Ouwerkerk and Sébastien Rainville, Hopper's app combines trillions of data points and machine learning to help users save time and money when planning and booking trips.
5 min read · 03 October 2018
BoomersPlus.com, a Halifax-based job-matching platform for retirees, has raised financing led by Canadian venture capital firm Innovacorp. No financial terms were disclosed; however, Entrevestor reported the round's value at $1.05 million. Founded in 2013 by CEO Rick Emberley, BoomersPlus.com's online service matches retirees with executive-level experience and business organizations in need of skilled labour. The company reports doubling its revenue in 2017 on a year-over-year basis. BoomersPlus.com said it will use the funds raised to expand into Newfoundland and Labrador, Prince Edward Island and Ontario.
4 min read · 03 October 2018
Palo Alto, California-based Tiny, provider of a rich-text editing platform, announced that it raised $4 million in Series A funding led by BlueRun Ventures. Additionally, the company introduced a cloud file management system, Tiny Drive, and a preview of a new user interface in the upcoming version 5 of TinyMCE. BlueRun Partner Jeff Tannenbaum wrote more about why the firm invested in a Medium blog post.
1 min read · 03 October 2018
Hopper said Oct. 3 that it raised $100 million in a Series D round led by OMERS Ventures. Existing investors Caisse de dépôt et placement du Québec (CDPQ), Accomplice, Brightspark Ventures, Investissement Québec, BDC Capital IT Venture Fund, and new investor Citi Ventures participated in the round. Hopper is a travel booking app.
4 min read · 03 October 2018
San Francisco-based Truebill, which provides a platform that helps users control finances, announced it has raised $5 million in Series A funding. Investors include Cota Capital, Social Capital, Day One Ventures and individual investors David Marcus (head of blockchain at Facebook and former president of PayPal), Neil Blumenthal (co-founder of Warby Parker), Dave Gilboa (co-founder of Warby Parker), Jawed Karim (co-founder of YouTube), Troy Carter (partner at Cross Culture Ventures), Marc Katz (co-founder of Custom Ink) and Hiten Shah (co-founder of Crazy Egg and KISSMetrics) among others. The company also announced Haroon Mokhtarzada, former chief executive of Webs.com, as CEO of Truebill. He co-founded Truebill in 2015 with his brothers, Yahya and Idris Mokhtarzada.
1 min read · 03 October 2018
New York City and Israel-based CTERA Networks, a provider of secure enterprise file services, has raised $30 million in Series D funding. Red Dot Capital Partners led the round with participation from Singtel Innov8, Benchmark Capital, Bessemer Venture Partners, Cisco, Venrock, Vintage Investment Partners and Viola Group.
1 min read · 02 October 2018
Boston-based Incredible Foods Inc, a maker of plant-based allergy-friendly foods, has raised an undisclosed amount of funding. The investor is Dr. Stefan Catsicas, who recently retired as chief technology officer of Nestlé S.A. Catsicas will be investing via his private investment firm Skyviews Life Science Ltd. In addition to the investment, Catsicas and Melanie Kahn will join Incredible Foods' board of directors. Also, Incredible Foods has named Dr. Joseph Speroni as chief technology officer. Incredible Foods is backed by Winona Capital, Flagship Pioneering and Polaris Capital.
3 min read · 02 October 2018
