North America

Golden Gate Ventures leads $15 mln round for Shohoz

Shohoz, a Bangladesh-based online ride-sharing and ticketing platform, has raised $15 million in funding. Golden Gate Ventures led the round.

Dream Team inks $5 mln

DreamTeam, an infrastructure platform and payment gateway for esports and gaming, has secured $5 million in funding. The investor was Mangrove Capital Partners.

Sapphire Ventures recruits Spirito as partner

Sapphire Ventures has appointed Michael Spirito as a partner. He will begin his new position in October. Previously, he worked at 21st Century Fox where he led business development and digital media for the 22 Fox Sports Regional Networks.

Bonfire Ventures to raise $20 mln venture-capital fund

Bonfire Ventures has set out to raise a $20 million venture-capital fund, according to a filing with the SEC.

IBM's Marc Altshuller joins Information VP as first EIR

Canadian venture capital firm Information Venture Partners (Information VP) has brought on Marc Altshuller as an entrepreneur in residence (EIR). Altshuller, the Toronto-based firm's first EIR, will help mentor portfolio companies and support investment activity. Altshuller joins Information VP from U.S. tech giant IBM, where he served for over six years, most recently as general manager for the business analytics division. He also co-founded Varicent Software Inc, a Toronto-based compensation and sales performance management analytics provider acquired by IBM in 2012. Varicent was backed by Information VP's predecessor, RBC Venture Partners.

Dental industry platform CareStack procures $16 mln

Florida and India-based CareStack, a technology platform for the dental industry, has raised $16 million in funding. Accel, F-Prime Capital Partners and Eight Roads Ventures led the round.

Energize Ventures gathers over $101 mln for fund

Energize Ventures has raised over $101 million for its new fund, according to an SEC filing. No target was listed on the document.

VC-backed SI-BONE files to go public

Santa Clara, California-based SI-BONE Inc, a medical device company, has filed for an IPO. The number of shares that will be sold as well as its pricing terms have yet to be set. SI-BONE plans on trading the stock on the NASDAQ under the ticker symbol "SIBN." Morgan Stanley and BofA Merrill Lynch are the lead underwriters. SI-BONE’s pre-IPO backers included Redline Capital Management, Orbimed, Novo A/S, Skyline Ventures and Montreux Equity Partners.

Insurance platform Jones takes in $2.8 mln seed

New York-based Jones, an insurance platform, has secured $2.8 million in seed funding, according to an announcement on its site. Hetz Ventures led the round with participation from JLL Spark, MetaProp Ventures, GroundUp Ventures and 500 Startups.

Tvardi Therapeutics lands $9 mln Series A

Houston, Texas-based Tvardi Therapeutics, a biopharmaceutical company focused on developing STAT3 inhibitors, has closed $9 million in Series A financing. The investors were not named.