Private Equity

North America

Transparency Life Sciences snags $5 mln Series A

Transparency Life Sciences, a provider of digital drug development clinical services, has closed $5 million in Series A financing. New Ventures III led the round. In conjunction with the funding, New Ventures' Dr. Richard Warburg and Harry Glorikian will join the TLS board of directors.

1 min read · 15 February 2018

Alliance Venture backs Boost.ai

Boost.ai, a Norwegian provider of chatbots and virtual assistants, has secured up to $5 million in funding. The investor was Alliance Venture.

1 min read · 15 February 2018

Bain Capital Ventures recruits Levin as partner

Bain Capital Ventures has named Adam Levin as a partner in Boston. Previously, Levin worked at Kayne Anderson Capital Advisors in Los Angeles where he was a vice president in growth private equity.

2 min read · 15 February 2018

Workast nabs $1.85 mln in Greycroft-led round

Santa Monica, California-based Workast, the platform that allows teams to manage their work and get more done, has secured $1.85 million in funding. Greycroft Partners led the round with participation from other investors that included Spider Capital, Mucker Capital and Dream Incubator.

1 min read · 15 February 2018

LimeBike pedals ahead with $70 mln Series B extension led by Fifth Wall

San Mateo, California-based LimeBike, operator of a fleet of lime-green colored bicycles in a connected bikeshare program, announced today that it has raised an additional $70 million as part of a Series B extension. Fifth Wall Ventures led the extension, which included Rainbow Technology Co Ltd. The company previously announced a $50 million Series B round in October led by Coatue Management and including DCM Ventures, Andreessen Horowitz, AME Cloud Ventures, Franklin Templeton Investments, GGV Capital, Section 32 and the Stanford-StartX Fund and The Durant Company. With the Series B extension, LimeBike has now raised $132 million in funding to date.

1 min read · 15 February 2018

How Connecticut became the least likely innovation hub in the U.S.

4 min read · 15 February 2018

VC-backed Radiology Partners secures $1 bln debt facility

Radiology Partners, which is backed by New Enterprise Associates, has raised a $1 billion debt facility from Golub Capital. Radiology Partners is a physician-led and physician-owned radiology practice.

3 min read · 15 February 2018

StreamLoan rallies $2 mln seed

San Francisco-based StreamLoan, a mortgage lending startup, has secured $2 million in seed funding. The investors include Acorn Pacific Ventures.

1 min read · 14 February 2018

Catalyte nabs $27 mln Series A, acquires Surge

Baltimore-based Catalyte, a software engineering services company, has raised $27 million in Series A funding, according to a blog post. Catalyte's investors include Revolution's Rise of the Rest seed fund, Expon Capital and Palm Drive Capital. In addition to the fundraising, Catalyte has acquired Surge, a software development and consulting company. No financial terms were disclosed.

1 min read · 14 February 2018

Azure Capital Partners to raise opportunity fund

Azure Capital Partners has set out to raise an opportunity fund, according to a filing with the SEC.

1 min read · 14 February 2018

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