US

NEA leads Series C round for Divvy

Utah-based Divvy, a modern payment and expense management platform for business, has raised $200 million in Series C financing. New Enterprise Associates led the round with participation from return backers Pelion Venture Partners and Insight Venture Partners.

Phoenix Energy Technologies grabs funding

Phoenix Energy Technologies, an IOT business intelligence analytics company, has raised an undisclosed amount of funding. Spring Lake Equity Partners and Energy Innovation Capital led the round.

UiPath racks up $568 mln Series D

UiPath, a robotic process automation software company, has raised $568 million in Series D funding. Coatue led the round with participation from other investors that included Dragoneer, Wellington, Sands Capital, T. Rowe Price Associates, Accel, CapitalG, Sequoia, IVP and Madrona Venture Group.

SpeQtral lands $1.9 mln seed

SpeQtral, a builder of space-based quantum communication systems, has raised $1.9 million in seed funding. Space Capital led the round.

VC-backed SMS Assist names CEO

Chicago-based SMS Assist, a facilities management technology company, has appointed Marc Shiffman as CEO. SMS Assist's backers include Pritzker Group Venture Capital, Huizenga Capital Management, Insight Venture Partners and Goldman Sachs Investment Partners.

Spa and beauty brand milk + honey scores funding

Texas-based spa and beauty brand milk + honey has secured an undisclosed amount of funding. The investors included Emil Capital Partners and Keller Capital.

Specright procures $8.8 mln Series A

Irvine, California-based Specright Inc, a software company that enables customers to control critical supply chain specifications, has raised $8.8 million in Series A funding. Pritzker Group Venture Capital led the round with participation from return backers Okapi Venture Capital, Fika Ventures and Mucker Capital.

A Cloud Guru grabs $33 mln in Summit Partners-led round

A Cloud Guru, a learning and talent development platform for cloud computing, has secured $33 million in funding. Summit Partners led the round with participation from AirTree Ventures and Elephant.

Viral Launch nabs $7.3 mln Series A

Indianapolis-based Viral Launch, a provider of software and services that enable private-label and major brands to sell successfully on Amazon, has secured $7.3 million in Series A funding. Tenfore Holdings led the round with participation from return backers Mentor’s Fund and UpOver Ventures.

ZeroNorth snags $10 mln Series A

Boston-based ZeroNorth, a provider of orchestrated risk management, has raised $10 million in Series A funding. ClearSky Ventures led the round with participation from Crosslink Capital, Rally Ventures and Petrillo Capital.