Private Equity
Mindbody has agreed to acquire Booker Software, a business management platform for salons and spas, for about $150 million in cash. The deal is expected to close in the second quarter of this year. Booker Software's backers include Medina Capital. Bain Capital Ventures, Revolution Ventures, TDF Ventures and Grotech Ventures. Centerview Partners is serving as financial adviser to Mindbody while Raymond James is doing likewise for Booker.
3 min read · 13 March 2018
NSLComm, an Israeli developer of satellite technology that enables high-speed data transfer for government, commercial and private application, has raised $6.25 million in Series B funding, according to a company announcement. The investors were Jerusalem Venture Partners, Liberty Global, OurCrowd, Hawk GF and Cockpit Innovation of the El Al Group.
1 min read · 13 March 2018
Silicon Valley-based Airspace Systems Inc, a maker of drone defense systems, has raised $20 million in Series A funding. Singtel Innov8 led the round with participation from s28 Capital, Shasta Ventures and Granite Hill Capital Partners. In addition to the funding, Jeff Karras, a managing director of investments at Singtel Innov8, will join Airspace’s board of directors.
1 min read · 13 March 2018
Millbrae, California-based Imply, a data analytics company, has secured $13.3 million in Series A funding. Andreessen Horowitz led the round with participation from other investors that included Khosla Ventures. In addition to the funding, Martin Casado, a general partner at Andreessen Horowitz, will join Imply's board of directors.
3 min read · 13 March 2018
Frisco, Texas-based Scoreboard Ventures, a new firm focused on early-stage companies in sports, digital media and esports, has launched. The firm was founded by entrepreneurs Brian Dick and Nahid Giga.
2 min read · 13 March 2018
Sagoon, a social commerce platform, has agreed to raise $5 million in funding. The investor was HT Singapore, a subsidiary of HT Media.
1 min read · 13 March 2018
New York City-based UiPath, a platform for enterprise robotic process automation, has appointed Craig Bumpus as chief revenue officer and Vargha Moayed as chief strategy officer. Previously, Bumpus worked at Nutanix where he served as senior vice president of sales while Moayed was at EY where he was a partner leading advisory services in Romania. UiPath is backed by Accel, CapitalG, Kleiner, Perkins, Caufield & Byers, Credo Ventures, Earlybird’s Digital East Fund and Seedcamp.
3 min read · 13 March 2018
San Francisco-based Moogsoft, a provider of artificial intelligence for IT operations, has secured $40 million in Series D funding. Goldman Sachs Growth Equity led the round with participation from other backers that included HCL, Northgate Capital, Redpoint Ventures, Singtel Innov8, STTelemedia and Wing VC.
4 min read · 13 March 2018
UrWork (Beijing) Venture Investment Co Ltd said March 13 that it has closed its buy of China's Woo Space. Financial terms weren’t announced. Woo, of China, has 23 shared offices nationwide spanning nearly 1 million square feet (100,000 square meters).
4 min read · 13 March 2018
Agrisoma Biosciences Inc, a Gatineau, Québec-based agricultural technology company, has secured $12 million in a follow-on financing. The round was led by Cycle Capital Management and joined by new investor Desjardins Capital, an affiliate of Canadian financial cooperative Desjardins Group. BDC Capital and Lune Rouge, which along with Cycle backed Agrisoma's $15.4 million Series B round last year, also invested. The funds raised will help Agrisoma expand the global commercialization and production of Carinata, a non-food oilseed crop designed for sustainable production of biofuels used in the aviation industry.
4 min read · 12 March 2018
