US

Indus.AI reels in Series A

Indus.AI, a construction software company, has secured US$8 million in Series A funding. Millennium New Horizons led the round with participation from Foundamental, Groundbreak Ventures, Spero Ventures, UP2398 and Bootstrap Labs. Indus.AI has offices in San Francisco and Toronto.

Revolution Ventures amasses $215 mln for third fund: TechCrunch

Washington, D.C.-based Revolution Ventures has raised $215 million for its third fund, reported TechCrunch. The tech news site noted that the fund size is nearly as much as the firm's first and second fund, which both closed at $200 million. Revolution was founded in 2005 by Donn Davis, Tige Savage and AOL co-founder Steve Case.

Colorcon unveils $50 mln corporate venture fund

Harleysville, Pennsylvania-based Colorcon, a provider of specialty products for the pharmaceutical industry, has launched a $50 million corporate venture fund. Colorcon Ventures will invest in "promising" companies in the pharmaceutical industry. Touchdown Ventures will help manage the Colorcon Ventures fund.

Talent data platform Plum fetches seed funding

Waterloo, Canada-based Plum, a talent data platform, has raised C$4.2 million in seed funding. Real Ventures led the round. As a result of this investment, Plum has raised a total tally of C$6.1 million.

Dental Intelligence scores $34 mln Series A

Utah-based Dental Intelligence, an analytics and workflow automation platform for dental practices, has raised $34 million in Series A funding. The investor was K1 Investment Management.

Acronis racks up $147 mln

Switzerland and Singapore-based Acronis, a cybersecurity company, has secured $147 million in funding. Goldman Sachs led the round.

Merge Growth Advisors targets $50 mln for venture fund

Merge Growth Advisors LLC is seeking to raise $50 million for its new venture fund, according to an SEC filing. The Nashville-based advisory and investment firm specializes in merging like-companies for growth and exit strategies.

Hospitality brand AvantStay rakes in $20 mln

AvantStay, a hospitality brand focused on group travel, has raised $20 million in Series A funding. 3L Capital led the round with participation from other investors that include Bullpen Capital, Convivialite Ventures, F-Prime Capital, Zeno Ventures and Olympian Shaun White.

Skout Cybersecurity snags $25 mln Series B

New York-based Skout Cybersecurity, a cloud-native cybersecurity provider for small and mid-sized businesses, has raised $25 million in Series B funding. ClearSky led the round.

Idelic lands $8 mln Series A

Pittsburgh-based Idelic, a data and analytics company focused on improving safety in the commercial/industrial transportation industry, has secured $8 million in Series A financing. Origin Ventures led the round with participation from TDF Ventures, Birchmere Ventures, Bain Capital Ventures and SaaS Venture Capital. In conjunction with the financing, Scott Stern of Origin Ventures and Matt Bressler of TDF Ventures have joined Idelic's board of directors.