Private Equity
Sunnyale, California-based SafeBreach, a cybersecurity company, has secured $15 million in Series B funding. Draper Nexus led the round with participation from PayPal, Sequoia Capital, Deutsche Telekom Capital Partners and HPE Pathfinder.
1 min read · 08 May 2018
Boston-based Yobe Inc, a provider of artificial intelligence-powered signal processing solutions, has raised $1.8 million in seed funding. The investor was Clique Capital Partners.
1 min read · 08 May 2018
SHOP, a blockchain-based ecommerce startup, has secured $2 million in funding. The investor was Reflective Venture Partners.
1 min read · 08 May 2018
San Francisco-based Sparkcentral, a provider of a mobile and social customer engagement platform, has named Joe Gagnon as CEO. Gagnon, who will also join Sparkcentral's board of directors, was recently chief customer officer and senior vice president/global general manager for cloud solutions at Aspect Software. Sparkcentral's backers include Jackson Square Ventures, Founders Fund, Split Rock Partners and LRM Capital.
3 min read · 08 May 2018
Sckipio, an Israeli provider of Gfast products, has raised $10 million in funding. MegaChips led the round with participation from Intel Capital, Pitango Venture Partners, Genesis Partners, Gemini Israel Ventures, Amiti Ventures, Aviv Ventures, CIRTech Fund and Axess Ventures.
1 min read · 08 May 2018
BorderX Lab Inc, an ecommerce company, has raised $20 million in Series B funding. Kleiner Perkins Caufield & Byers led the round with participation from other investors that included Hillhouse Capital Group, CBC, Welight Capital and iFly Venture Capital.
4 min read · 08 May 2018
Peltarion, a Swedish deep learning AI company, has secured 11 million euros in funding. The investors were FAM and EQT Ventures.
2 min read · 08 May 2018
Austin, Texas-based Genprex Inc, a developer of immunogene therapy for non-small cell lung cancer, has raised $10 million in a private placement. The investors were not identified. Maxim Group LLC was the placement agent.
3 min read · 08 May 2018
Rapchat, an app that helps rap fans connect with tomorrow's starts, has secured $1.6 million in seed funding. The investors were Rev1 Ventures, Base Ventures, M25 Group, TechNexus, OTAF and 500 Startups. In conjunction with the funding, Rapchat has added former musical.ly North America President Alex Hofmann to its board.
3 min read · 08 May 2018
Photonic quantum computing startup Xanadu has raised $9 million in a seed-stage financing. The round was led by OMERS Ventures and joined by Golden Ventures and Real Ventures. Founded in 2016 by CEO Christian Weedbrook, Toronto-based Xanadu designs and integrates quantum silicon photonic chips into existing hardware to create full-stack quantum computing. The result is expected to be increased capacity for solving problems in machine learning, chemistry, finance, sensing and drug discovery. Xanadu also announced that Seth Lloyd, an MIT professor and quantum computing expert, has joined the company as chief scientific advisor.
3 min read · 08 May 2018
