Private Equity
San Jose, California-based Vectra, which automates the hunt for in-progress cyberattacks, has secured $36 million in Series D funding. Atlantic Bridge led the round with participation from The Ireland Strategic Investment Fund, Nissho Electronics Corp, Khosla Ventures, Accel Partners, IA Ventures, AME Cloud Ventures, DAG Ventures and Wipro Ventures.
1 min read · 21 February 2018
Moovit, a developer of a transit app, has secured $50 million in Series D funding. Intel Capital led the round with participation from previous backers that include Sequoia, BMW iVentures, NGP, Ashton Kutcher’s Sound Ventures, BRM, Gemini, Vaizra, Vintage and Hanaco.
1 min read · 21 February 2018
Silicon Valley-based surgical robotics company PROCEPT BioRobotics has raised $118 million in financing. Viking Global Investors LP led the round with participation from other investors that included Perceptive Advisors and CPMG Inc.
1 min read · 21 February 2018
Costa Mesa, California-based Lindora, a provider of medically supervised weight loss and weight management programs, has raised an undisclosed amount of funding. The investors were Montage Capital, Solis Capital Partners and Innovate Partners.
1 min read · 21 February 2018
Waltham, Massachusetts-based Dover Microsystems, a cybersecurity solutions provider, has raised $6 million in seed funding. Hyperplane Venture Capital led the round with participation from Draper, Qualcomm Ventures and the Hub Angels Investment Group.
3 min read · 21 February 2018
Wealthsimple, a Toronto-based online wealth management startup, has raised $65 million (US$51 million) in funding from Power Financial Corp, as it seeks to compete in the increasingly crowded digital investment advice market, Reuters reported. The company, which is among the group of digital investment managers known as robo-advisers, last year became the first such foreign startup to enter the U.S. market and later opened in the United Kingdom. It currently manages about $1.9 billion for more than 65,000 clients in the three markets it operates in. The latest round brings the total investment of Power Financial in Wealthsimple to $165 million.
2 min read · 21 February 2018
True Ventures said it named Amy Errett a venture partner.
1 min read · 20 February 2018
U.S. software major Oracle Corp has acquired Zenedge, an Aventura, Florida-based cybersecurity solutions provider. No financial terms were disclosed. Redwood Shores, California-based Oracle said the acquisition gives it cloud-based network and infrastructure security capabilities to help protect enterprise customers from digital threats. Founded in 2014, Zenedge was backed by a number of venture capital firms, including Telus Ventures, a strategic investment arm of Canadian telecommunications company Telus Corp.
2 min read · 20 February 2018
San Francisco-based Lyric, which designs and manages short-term rentals for travelers, has raised $15.5 million in Series A funding, according to a spokesperson for the firm and a blog post. The investors included Fifth Wall, New Enterprise Associates, AXA Strategic Capital and NFX Guild.
1 min read · 20 February 2018
TechOperators Venture Capital has raised $40.2 million toward a $100 million third venture fund, according to a filing with the SEC.
1 min read · 20 February 2018
