Private Equity

North America

Warburg Pincus leads Series D round for Duetto

Duetto, a revenue strategy platform for the hospitality industry, has raised $80 million in Series D financing. Warburg Pincus led the round.

1 min read · 14 February 2018

Blockchain real estate startup SafeChain picks up $3 mln

Columbus, Ohio-based and the India-based SafeChain, a blockchain real estate startup, has secured $3 million in funding. NCT Ventures led the round with participation from other investors that included Revolution’s Rise of the Rest seed fund, Aspect Ventures, Precursor Ventures, Social Capital, Rev1 Ventures, Loud Capital and Fintech71.

1 min read · 14 February 2018

IdentityMind Global takes in $10 mln Series C

IdentityMind Global, which provides a digital identity-based SaaS platform for online risk management and compliance automation, has secured $10 million in Series C financing. In addition to the funding, Benhamou Global Ventures and Eastern Link Capital led the round with participation from other investors that included Hanna Ventures, Overstock.com and Zanadu Capital Partners.

1 min read · 14 February 2018

Norwest raises $1.5 bln, promotes Kossow and Wu

1 min read · 14 February 2018

Edtech company Varsity Tutors raises $50 mln

St. Louis-based Varsity Tutors, which operates a platform that connects students with experts, announced that it has raised a $50 million Series C round of funding. The round was led by Learn Capital and included The Chan Zuckerberg Initiative and existing investor TCV. The company, founded in 2007 at Washington University in St. Louis, has now raised $107 million in total funding.

1 min read · 14 February 2018

Early-stage investor Fryfly raises $19.7 mln

Menlo Park, California-based Fryfly Venture Partners, an early-stage investor in "data and intelligence," has raise $19.7 million toward a targeted $25 million fund, according to a regulatory filing. The commitments came from 13 investors, the filing reported. Fryfly is led by Co-Founders and General Partners Julie Allegro and Philipp Stauffer.

1 min read · 14 February 2018

Caisse and Fengate-backed eStruxture acquires Kolotek

EStruxture Data Centers Inc has acquired Kolotek, a Montréal-based data centre company, from Gaz Métro Plus. No financial terms were disclosed. EStruxture, a Montréal-based network and cloud-neutral data centre operator, said the deal will solidify its position in the local market. EStruxture was launched last year to acquire existing data centre opertators and develop new ones across Canada. It has been backed with $180 million in financing from various sources, including Caisse de dépôt et placement du Québec and Fengate Real Asset Investments.

3 min read · 13 February 2018

District Ventures Capital invests in OneWorld Foods

OneWorld Foods, a Vaughan, Ontario-based producer and distributor of authentic ethnic and Halal foods, has raised an equity investment from Canadian consumer venture capital firm District Ventures Capital. No financial terms were released. Founded in 2013 by Karim Kanji and Asim Qureshi, OneWorld provides traditional South Asian and Halal products to retailers through its operating brands Tandoori Oven and One World Halal. The partnership with District is intended to help the company expand its consumer base.

2 min read · 13 February 2018

NGD Systems lands $12.4 mln Series B

Irvine, California-based NGD Systems Inc, a provider of storage devices, has closed its Series B funding round at $12.4 million. Partech Ventures led the round with participation from Orange Digital Ventures, Alcor Micro and Benhamou Global Ventures. Also, NGD has secured $4 million credit facility from Silicon Valley Bank.

1 min read · 13 February 2018

Kuali secures $10 mln from Owl Ventures

Utah-based Kuali, a SaaS software company focused on serving higher education, has raised $10 million in funding. The investor was Owl Ventures.

1 min read · 13 February 2018

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