Private Equity
Waterloo-based enterprise information management company OpenText Corp (TSX, Nasdaq: OTEX) has acquired Hightail Inc, a Campbell, California-based cloud service for file sharing and creative collaboration. No financial terms disclosed. OpenText said the deal reinforces its commitment to solutions that help marketers and creative professionals to share, produce and securely collaborate on digital content. Founded in 2004, Hightail raised more than US$90 million in financing from several venture capital firms, including Adams Street Partners, Emergence Capital, Sigma Partners and Western Digital Capital.
2 min read · 14 February 2018
Sports media startup Overtime has raised $9.5 million in Series A funding, according to a post by Overtime CEO Dan Porter. Andreessen Horowitz and partner Jeff Jordan led the round with participation from other investors that included Greycroft, Afore Capital, Fitz Gate Ventures, 645 Ventures, Jordan Levy, Barrier Island Capital, TACK Ventures Kevin Durant, Box Group and Imagination Capital.
1 min read · 14 February 2018
Indianapolis-based High Alpha, a venture studio, has named Robin Fleming as entrepreneur-in-residence. Previously, Fleming was senior vice president of technology at Angie's List.
2 min read · 14 February 2018
Homesnap, a provider of a mobile productivity app and marketing platform for real estate brokers, agents and clients, has raised $14 million in Series B funding. Updata Partners led the round with participation from other investors that included Moderne Ventures.
1 min read · 14 February 2018
Silicon Valley-based Stealth Security Inc., a cybersecurity startup, has raised $8 million in Series A funding. Shasta Ventures led the round.
1 min read · 14 February 2018
Ottawa, Ontario-based InBay Technologies, a developer of of authentication solutions without passwords, has secured $1 million in financing. The lead investor was Global Alliance Inc.
1 min read · 14 February 2018
Boulder, Colorado-based CanopyBoulder, Canopy's business accelerator and seed-stage investment fund focused on the legal cannabis sector, has closed its oversubscribed 2018 accelerator fund at $2 million. The capital will be used to provide seed and follow-on funding to companies that join the CanopyBoulder accelerator.
3 min read · 14 February 2018
Silicon Valley-based SiFive, a provider of commercial RISC-V processor IP, has named Shiva Natarajan as chief financial officer. Previously, he worked A10 Networks where he served as vice president of finance. SiFive is backed by Sutter Hill Ventures, Spark Capital and Osage University Partners.
2 min read · 14 February 2018
Atlanta-based ENGAGE Talent, an AI software company that helps companies identify and engage with candidates, has raised $3 million in funding. The investors included Revolution's Rise of the Rest seed fund, Refinery Ventures and Grand Ventures.
1 min read · 14 February 2018
Utah-based SaltStack, a intelligent automation platform for a "software-defined world," has raised $15.5 million in Series A financing. Mercato Partners led the round.
1 min read · 14 February 2018
