Private Equity
Virginia-based CounterFlow AI, a cybersecurity startup, has raised $2.7 million in seed funding. The investors included Osage University Partners and the Charlottesville Angel Network.
1 min read · 27 February 2018
Heuristic Capital Partners has raised $34 million for an early stage hardware-focused venture capital fund, according to a filing with the SEC.
1 min read · 27 February 2018
QuasarDB said it raised $2.5 million of seed funding in a round led by Partech Ventures and joined by Orolia and other private investors.
1 min read · 27 February 2018
Accelerate Fund II has invested an undisclosed amount in Testfire Labs, an Edmonton software startup that develops enterprise productivity tools. Founded in 2015 by CEO Dave Damer, Testfire's first product is Hendrix, which leverages natural-language processing and machine learning to capture meeting summaries and optimize outcomes. The funds raised will allow Testfire to scale operations and expand the development team in support of its go-to-market plan, which includes entering the U.S. market. Accelerate Fund II, an early-stage angel co-investment fund, is managed by Canadian growth equity firm Yaletown Partners.
4 min read · 27 February 2018
Benevity Inc, a Canadian provider of corporate social responsibility (CSR) and employee engagement software, has acquired TrustCSR, a British CSR consultancy that serves enterprise clients. No financial terms were released. Calgary-based Benevity said the deal will add scale and geographic scope to its operations and allow the company to serve global customers through a new U.K. location. Founded in 2008 by CEO Bryan de Lottinville, Benevity processes donations and volunteering time to charities worldwide. In January, it secured an investment from U.S. growth equity firm General Atlantic. Benevity is also backed by JMI Equity.
4 min read · 27 February 2018
Leawood Venture Capital has raised $25 million for its new fund, according to an SEC filing. The Leawood, Kansas-based venture firm invests in early and expansion stage businesses.
1 min read · 27 February 2018
Niche, a platform that helps people choose schools and neighborhoods, has raised $6.6 million in Series B funding. Allen & Company LLC and Grit Capital Partners led the round. In conjunction with the funding, Paul Palmieri, a general partner at Grit Capital Partners, has joined the Niche board of directors.
1 min read · 27 February 2018
South San Francisco-based Senti Biosciences, a synthetic biology company, has closed $53 million in funding. New Enterprise Associates led the round with participation from 8VC, Amgen Ventures, Pear Ventures, Lux Capital, Menlo Ventures, Allen & Company, Nest.Bio, Omega Funds, Goodman Capital and LifeForce Capital.
1 min read · 27 February 2018
Seneca Systems said raised $3.5 million of seed funding in a round led by Initialized Capital and joined by Cowboy Ventures, Govtech Fund, and Y Combinator.
1 min read · 27 February 2018
Humatics Corp has acquired 5D Robotics and its subsidiary Time Domain. No financial terms were disclosed. Based in Carlsbad, California, 5D Robotics is a developer of technologies that offer precise positioning solutions. Humatics' backers include Fontinalis Partners, Airbus Ventures, Lockheed Martin Ventures, Intact Ventures, Tectonic Ventures, Presidio Ventures and Blue Ivy Ventures.
5 min read · 27 February 2018
