Private Equity
Trizic, a provider of digital workflow and automation technology for the wealth industry, has secured $10 million in Series A funding. Sorenson Ventures led the round with participation from other investors that included FIS, Freestyle Capital, Broadhaven Capital Partners, PEAK6 and Commerce Ventures.
1 min read · 01 March 2018
San Francisco-based Sway Ventures, a venture firm that invests in early-to mid-stage tech companies, has named Doug Hodge as a venture partner. Hodge is a former CEO of PIMCO.
3 min read · 01 March 2018
Mountain View, California-based Smartcar, a connected car technology platform, has raised $10 million in Series A financing. New Enterprise Associates led the round with participation from Andreessen Horowitz. In conjunction with the funding, Forest Baskett from NEA and William Krause from Andressen Horowitz, will join Smartcar's board of directors.
1 min read · 01 March 2018
Irvine, California-based Tagnos, a developer of a clinical logistics automation solution for hospitals and clinics, has secured $5 million in funding. The investors were Benhamou Global Ventures, Morpheus Ventures and Zebra Ventures, the investment arm of Zebra Technologies Corp.
1 min read · 01 March 2018
New York City-based Blueprint Income, a digital retirement plan creator, has secured $2.75 million in seed funding. Green Visor Capital and NextView Ventures led the round with participation from other investors that included Core Innovation Capital and Kairos.
3 min read · 01 March 2018
Israeli agricultural startup Saturas Ltd has raised $4 million in funding. The investors included Hubei Forbon Technology Co. Ltd, Gefen Capital and Ramat Magshimim. Saturas is a portfolio company of The Treadlines Group Ltd.
3 min read · 01 March 2018
SaskWorks Venture Fund, a retail venture capital fund active in Saskatchewan, has raised $40 million in its latest fund-raising year, reaching the fund's subscription limit under federal and provincial tax laws. Managed by Regina-based private equity firm PFM Capital, SaskWorks invests in small and medium-sized private companies in the province. Established in 2001, the fund has more than 29,000 shareholders and over $491 million in assets under management.
2 min read · 28 February 2018
AcuityAds Holdings Inc (TSX-V: AT) has agreed to acquire ADman Interactive SL, a Spanish outstream video supply-side platform for native formats. AcuityAds agreed to pay about $21.4 million (€13.7 million) in cash and earn-outs in a deal expected to close in the second quarter. AcuityAds, a Toronto-based provider of digital media solutions enabling advertisers to connect with audiences, said the buy expands its addressable market, creates revenue opportunities, and extends its global footprint. Founded in 2010, ADman Media has been backed by Spain's Inveready Technology Investment Group.
5 min read · 28 February 2018
Consider this...Company X is out of startup territory, with annualized revenue north of $2 million and growing fast. Company X needs to fund its growth, but it’s not quite at break-even yet, has no significant tangible assets to pledge as collateral, and has few financing options. In a PE Hub Canada feature article, Trevor Simpson, associate director, Private Capital, at FirePower Capital, discusses whether venture capital or venture debt is the answer.
4 min read · 28 February 2018
Reputation.com has acquired SIM Partners, a provider of location marketing technology. SIM Partners' backers included River Cities Capital Funds and Jump Capital.
3 min read · 28 February 2018
