Private Equity
New York City-based Unacast, a contextual and transparent location data platform, has secured $17.5 million in funding. White Star Capital led the round with participation from Telia, Open Ocean Capital and Investinor.
1 min read · 13 February 2018
Newton, Massachusetts and Tel Aviv-based Perception Point, a cybersecurity firm, has raised $8 million in Series A funding. The investors were Pitango Venture Capital, State of Mind Ventures and Korea Investment Partners.
1 min read · 13 February 2018
Silicon Valley-based Tachyum Inc, a cloud chip startup, has secured an undisclosed amount of funding. The investor was IPM Growth, the venture unit of InfraPartners Management LLP.
3 min read · 13 February 2018
Loopio Inc, a Toronto-based provider of requests-for-proposals (RFPs) response software, has raised about $11.3 million (US$9 million) in a Series A financing. The round was led by U.S. venture capital firm OpenView, whose partner, Ricky Pelletier, will join the board. Founded in 2014, Loopio has developed a solution that helps enterprises to streamline RFPs, requests for information and security questionnaires. Today, more than 300 organizations utilize the company's technology. Led by CEO Zakir Hemraj, Loopio will use the funds raised to accelerate product development and expand its team, particularly in sales and engineering.
3 min read · 13 February 2018
Dialogue, a Montréal virtual health and telemedicine service provider, has raised $12 million in a Series A financing. White Star Capital led the round and was joined by HV Holtzbrinck Ventures, Portag3 Ventures, National Bank Financial and Walter Financial. Founded in 2016, Dialogue reports that about 150 employers started providing the company's offering as an employee benefit over the last year, which marked a 1,500 percent growth in the user base. It will use the funds raised to continue expanding and add new services. In 2017, Dialogue closed a $4 million seed-stage financing backed by Diagram, BDC Capital and others.
3 min read · 13 February 2018
InfluxData said it raised $35 million of Series C funding in a round led by Sapphire Ventures and joined by new investor Harmony Partners and existing investors Battery Ventures, Mayfield Fund and Trinity Ventures.
1 min read · 13 February 2018
San Francisco-based UJET Inc, provider of a real-time customer communications platform, announced that it has raised a $25 million Series B round of funding. GV led the round, which included new investor Citi Ventures, and existing investors Kleiner Perkins Caufield & Byers and DCM Ventures. The company has now raised more than $45 million in funding to date. As part of the Series B round, GV General Partner Karim Faris has joined the board.
1 min read · 13 February 2018
Israel-based GemmaCert, a provider of cannabis analysis technology, has closed $2.25 million in funding. NEO Ventures, Stony Hill, and Arba Finance led the round with participation from Aggrinovation.
3 min read · 13 February 2018
Canadian clothing and accessories retailer Frank and Oak has raised $16 million in funding. Caisse de dépôt et placement du Québec led the round with participation from other investors that included Goodwater Capital and Investissement Québec.
3 min read · 13 February 2018
Frank & Oak, a Montréal-based clothing brand, has secured about $20 million (US$16 million) in its latest financing. Caisse de dépôt et placement du Québec led the round and was joined by other investors, including Goodwater Capital and Investissement Québec. Founded in 2012 by CEO Ethan Song and COO Hicham Ratnani, Frank & Oak provides clothing and accessories for men and women on the web and in 16 boutiques. It will use the funds raised to expand its digital experience and support growth online. Frank & Oak's other investors include BDMI, Campfire Capital, Lightbank, Real Ventures, Rho Canada Ventures and Version One Ventures.
4 min read · 13 February 2018
