Private Equity
B2B marketing analytics companies Radius and Leadspace are merging. No financial terms were disclosed. Both companies will unite under the Radius brand. Also, Doug Bewsher, CEO of Leadspace, will become CEO of the combined company while Darian Shirazi, founder of Radius, has been named executive chairman. Radius is backed by 8VC, BlueRun Ventures, Founders Fund and Salesforce Ventures while Leadspace is backed by Jerusalem Venture Partners and Arrowroot Capital.
4 min read · 01 May 2018
ZeroCater, a provider of office catering and snacks, has raised $12 million in Series B funding. Cleveland Avenue LLC led the round with participation from Romulus Capital and Struck Capital.
1 min read · 01 May 2018
Zurich-based Covee, a blockchain-based platform for decentralized teamwork, has secured 1.35 million euros in seed funding. LocalGlobe led the round with participation from other investors that included Atlantic Labs.
4 min read · 01 May 2018
UK-based Paragraf, a graphene technology development company and University of Cambridge spinout, has secured 2.9 million pounds in seed funding. Cambridge Enterprise, the commercialization arm of the University of Cambridge, led the round with participation from other investors that included Parkwalk Advisors, Amadeus Capital Partners and IQ Capital Partners.
1 min read · 01 May 2018
Credit Suisse has provided a $200 million credit facility to BlueVine, a provider of working capital financing to small and medium-sized businesses. According to BlueVine, the capital will be used to expand its business line of credit. BlueVine's backers include Lightspeed Venture Partners, 83NORTH, Correlation Ventures, Citi Ventures, Menlo Ventures and Rakuten.
2 min read · 01 May 2018
Palo Alto, California-based Arixa Pharmaceuticals Inc, a developer of oral antibiotics, has raised $8 million in seed financing. The investors in this round were not named.
1 min read · 01 May 2018
Algolux said it raised $10 million of Series A capital in a round led by General Motors Ventures and joined by Drive Capital, Intact Ventures and existing investor Real Ventures.
4 min read · 01 May 2018
Cambridge, Massachusetts-based Sentenai, an emerging data science tech company, has secured $2 million in seed funding. The investors included One Way Ventures and TechNexus Venture Collaborative.
2 min read · 01 May 2018
Geoffrey M. Ossias has joined law firm Perkins Coie as a partner and head of its Arizona emerging companies and venture capital practice. Previously, Ossias worked at DLA Piper.
3 min read · 30 April 2018
Early-stage venture firm Lightspeed Venture Partners has named John W. Thompson as a venture partner. Currently, Thompson is the chairman of Microsoft.
3 min read · 30 April 2018
