Private Equity
Splice said March 20 that it raised $57.5 million in a Series C round led by existing investors Union Square Ventures and True Ventures. Also participating were DFJ Growth, Flybridge, and Lerer Hippeau, Liontree, Founders Circle Capital, and Matt Pincus, founder of Songz Publishing. Splice is a music startup that aims to help musicians create and earn revenue.
4 min read · 21 March 2019
Guesty said March 21 that it raised $35 million in Series C financing led by Viola Growth. Participating in the round were Vertex Ventures, Journey Ventures, Kingfisher Investment Advisors, La Maison Compagnie d'Investissement and existing investors, TLV Partners and Magma Ventures. Guesty is a property management platform for property managers and management companies.
3 min read · 21 March 2019
Sherlock Biosciences said March 21 that it has launched with $35 million in committed capital. This includes a $17.5 million non-dilutive grant and an investment from the Open Philanthropy Project. Sherlock, of Cambridge, Massachusetts, is an engineering biology company that seeks to make testing better, faster and more affordable.
6 min read · 21 March 2019
Ease said March 19 that it raised $19 million in a Series B round led by Centana Growth Partners. Propel Venture Partners, Compound Ventures, Freestyle Capital and Upside Partnership participated in the round. Ease, of San Francisco, provides HR and benefits software for SMBs, insurance brokers and insurance carries. Ease first two hires are Petar Nedyalkov as chief operating officer and Toshi Kureha as vice president Engineering.
4 min read · 21 March 2019
1 min read · 20 March 2019
Skedulo said it raised $28 million of Series B capital in a round led by M12 and joined by existing investors Blackbird and Costanoa Ventures.
1 min read · 20 March 2019
BriteCo said it raised $2 million of seed capital in a round backed by investors including Brian Spaly, the founder of Trunk Club, and Jeff Taylor, the former chairman of Cole Taylor Bank.
1 min read · 20 March 2019
AppDetex said March 20 it raised $10 million in Series B equity financing led by First Analysis. Existing investors including EPIC Ventures and Origin Ventures participating in the round. AppDetex, of Boise, Idaho, provides digital risk protection.
3 min read · 20 March 2019
The law firm Perkins Coie announced the launch of its TechVenture Index to provide a measure of the emerging growth tech and VC sector. The index was developed in collaboration with Michael Ewens, associate professor of finance and entrepreneurship at the California Institute of Technology.
1 min read · 20 March 2019
Abstract said March 20 that it raised $30 million in Series C funding led by Lightspeed Venture Partners. Existing investors Scale Venture Partners, Amplify Partners, and Cowboy Ventures participated in the round. Abstract provides a design workflow platform that supports modern product design teams.
3 min read · 20 March 2019
