Private Equity
McLean, Virginia-based ZP Group, a provider of cybersecurity services and solutions, has raised an undisclosed amount of Series C funding. The investors included The Chertoff Group, which was also financial adviser to ZP Group on the fundraising.
1 min read · 26 March 2018
TCV has promoted Nathan Sanders to chief operating officer, according to an announcement on its site. Sanders has been with TCV since 2014. Prior to joining the Palo Alto, California-based venture firm, he was a director at Bain Capital serving on both the private equity investment team and the investor relations team.
1 min read · 26 March 2018
London-based Hive Learning, a collaborative learning platform for leaders, teams and organizations, has secured 3.5 million pounds in funding. Blenheim Chalcot led the round.
1 min read · 26 March 2018
Iggbo, a healthcare technology startup, has rebranded as Workpath and raised $1.5 million in funding. Workpath's investors include Structure Capital. Also, the company has relocated its headquarters to Richmond, Virginia.
1 min read · 26 March 2018
Vancouver-based home-improvement technology provider BuildDirect has raised about $55 million (US$43 million), about $36 million of which is new with the rest converted from interim financing obtained during the company's recent creditor protection. Mohr Davidow Ventures led the round. It was joined by new and existing investors, including Fidelity Investments Canada, Pelecanus Investments, Lyra Growth Partners and Beedie Capital. The fundraising, which wraps up BuildDirect's restructuring, and the company's exit from creditor protection this month, leave a "newly energized and well capitalized business poised for success," CEO Dan Park said.
4 min read · 26 March 2018
Cendana Capital has set out to raise a $40 million international fund of funds, according to a filing with the SEC.
1 min read · 23 March 2018
Samsara BioCapital has raised $260.6 million toward a $300 million venture-capital fund, according to a filing with the SEC.
1 min read · 23 March 2018
Moncton, New Brunswick-based gaming economics startup Itavio has secured undisclosed financing from New Brunswick Innovation Foundation (NBIF), an existing investor. The company also announced it has taken New York office space with HearstLabs, an accelerator and Itavio investor. Founded in 2014 by CEO Melani Flanagan and CTO Matt Pichette, Itavio's technology connects parents, kids and their gaming devices while helping gaming companies grow revenue and retain players. It will use the funds raised from NBIF to expand sales and marketing and enhance the platform.
4 min read · 23 March 2018
Ecosystem Integrity Fund has raised $41.1 million toward a targeted $100 million for its third venture fund, according to a regulatory filing.
1 min read · 23 March 2018
London-based Everledger, a digital ledger, has raised $10.4 million in Series A funding. GMP Securities and Fidelity Investments led the round with participation from Vickers Ventures Partners, Graphene Venture Capital, FPV, Fenbushi, Bloomberg Beta and Rakuten. In addition to the funding, Everledger has added Dr. Finian Tan, the chairman of Vickers Venture Partners, to its board.
4 min read · 23 March 2018
