Private Equity
Cardiac Dimensions, a U.S. developer of minimally invasive treatments for patients with heart failure, has secured US$39 million in a Series B financing. The round was backed by Australia's Hostplus, a new investor in the company, as well as venture debt from Oxford Finance and support from existing investors, among them Canadian life sciences venture capital firm Lumira Capital. Cardiac, which has its headquarters in Kirkland, Washington, will use the funds raised for clinical studies, including for its Carillon Mitral Contour System, and for commercial expansion in Europe and Australia.
5 min read · 26 April 2018
Pinnacle Ventures has set out to raise a fifth venture capital fund, according to a filing with the SEC.
1 min read · 26 April 2018
New York-based financial technology company Tradewind has raised US$10.6 million in financing, bringing its total funding so far to US$22.8 million. The latest round was led by Canadian mining companies Agnico Eagle Mines Ltd, Iamgold Corp and Wheaton Precious Metals Corp. They were joined by new and existing investors Goldcorp Inc, Sapphire Ventures and Sprott Inc. Founded in 2016, Tradewind has built a platform for digitizing the trading, settlement, and ownership of precious metals. The funds raised will be used for the company's expansion into global markets and extended functionality of its platform.
2 min read · 26 April 2018
San Francisco-based IFTTT, which provides a utility for users to connect their apps, services and smart devices, announced it has raised $24 million in new funding led by Salesforce Ventures. IBM, Chamberlain Group and Fenox Venture Capital also participated in the round. IFTTT, which stand for "If This, Then That," was founded in 2010 and has now raised $63 million in total funding. Other investors include Andreessen Horowitz, Lerer Hippeau Ventures, New Enterprise Associates, Norwest Venture Partners and SV Angel.
4 min read · 26 April 2018
Ready Robotics, provider of robotics as a service or RaaS, announced it has raised $15 million in funding and is relocating to Columbus, Ohio, from Baltimore. Columbus based Drive Capital led the round, which included Eniac Ventures and RRE Ventures. The company, founded in 2016, has now raised nearly $19 million in total funding
1 min read · 25 April 2018
ServiceNow (NYSE: NOW) has agreed to acquire VendorHawk, a Seattle, Washington-based software-as-a-service vendor management platform. No financial terms were released for the all-cash deal, which is expected to close this month. ServiceNow, a Santa Clara, California-based enterprise information technology solutions provider, said the buy will help expand its capabilities in software asset management. Founded in 2015, VendorHawk last year raised US$1.2 million in a seed-stage financing led by Canadian venture capital firm iNovia Capital.
3 min read · 25 April 2018
Rocketrip said April 25 that it raised $15 million in Series C funding led by GV. Also participating were existing investors Bessemer Venture Partners and Canaan Partners. Rocketrip, of New York, is an employee loyalty platform.
3 min read · 25 April 2018
Four ex-Kleiner Perkins Caufield & Byers partners have raised $298.2 million for their new firm G2VP, according to a filing with the SEC.
1 min read · 25 April 2018
Origin Protocol said April 25 that it raised $28.5 billion in funding from FBG, BlockAsset and Silicon Valley investors. Origin, of San Francisco, is a blockchain startup that is aiming to build an infrastructure for a decentralized sharing economy.
3 min read · 25 April 2018
PlaySight Interactive said it raised $10 million from new investors SoftBank Ventures Korea, a venture arm of SoftBank Group, and CE Ventures from Hong Kong as it extended its Series C financing. The company last June raised $11 million in the initial stage of the round led by Verizon Ventures and Greg Norman.
3 min read · 25 April 2018
