North America

OpenView leads $20 mln Series C funding of Auvik Networks

Auvik Networks Inc, a Waterloo, Ontario-based provider of network monitoring and management software for managed service providers, announced it has raised $20 million in a Series C financing. OpenView led the round with participation from Celtic House Venture Partners and Rho Canada Ventures. All three venture capital firms are existing investors. Auvik was founded in 2011 by CEO Marc Morin, CTO David Yach and Vice President, Product and Sales, Alex Hoff. Last year, the company closed a $15 million Series B financing, also led by OpenView. To date, Auvik has raised close to $45 million.

OpenView leads Series C funding of Auvik Networks

Waterloo, Ontario-based Auvik Networks Inc, a provider of network monitoring and management software for managed service providers, announced it has raised CAD$20 million ($15.6 million) in a Series C round of funding. Existing investor OpenView led the round with participation from return investors Celtic House Venture Partners and Rho Canada Ventures. The company was founded in 2011.

Benchmark leads $50 mln funding of online grocer Good Eggs

San Francisco-based, Good Eggs, provider of an online grocer and delivery service, announced it has raised $50 million in new funding led by Benchmark. Existing investors Index Ventures, Obvious Ventures, S2G Ventures, DNS Capital, Uprising and Collaborative Fund also participated. Benchmark General Partner Bill Gurley will join the company as part of the funding round.

AnyDesk raises Series A round led by EQT Ventures

Stuttgart, Germany-based AnyDesk, provider of remote desktop software, announced it has raised a Series A round of €6.5 million ($7.8 million). EQT Ventures led the round, with participation from angel investors, including Chris Hitchen, and existing investor Andreas Burike. The company was founded in 2014 by Philipp Weiser, Olaf Liebe and Andreas Mähler.

Virtual health platform TranQool bought by HumanaCare

HumanaCare has acquired TranQool, a Toronto-based online platform for connecting users with licensed therapists. No financial terms were disclosed for the deal, which closed on May 8. HumanaCare, a Toronto-based employee and member health services provider, said the deal will help expand access to its programs. TranQool was founded in 2015 by Chakameh Shafii, Babak Shahabi and Saeed Zeinali. In 2016, the company raised seed funding from Imagination Catalyst Fund, a university incubator-affiliated fund supported by Relay Ventures.

NEA considering large portfolio secondary sale, reports says

New Enterprise Associates is reportedly moving to sell a large piece of its portfolio in an effort to return capital to its limited partners, according to a news report in The Wall Street Journal.

Venture Investors targeting $100 mln for healthcare fund

Venture Investors is raising a sixth healthcare venture fund targeted at $100 million, according to a regulatory filing. The firm is led by James Adox, David Arnstein, Scott Button, John Neis, and Paul Weiss, with offices in Madison, Wisconsin, and Ann Arbor, Michigan.

OpenView wraps up Fund V with more than $296 mln

Boston-based OpenView, an expansion-stage investor which has backed Balihoo, ExactTarget and Mashery, among others, has closed its fifth fund with $296.75 million in commitments, according to a regulatory filing. The commitments came from 23 investors, the filing reports. The firm was initially seeking $250 million, as reported last year, which is the same size as its fourth fund in 2014.

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TruValue Labs scores $13.6 mln Series A

San Francisco-based TruValue Labs, a provider of artificial intelligence-driven environmental, social and governance data, has raised $13.6 million in Series A funding round. Katalyst Ventures led the round with participation from other investors that included Hearst Financial Venture Fund, The Entrepreneurs' Fund and Sun Hung Kai Strategic Capital Limited.