Private Equity
New York, Boston and Israel-based WhiteSource, a provider of open source security management, has secured $35 million in funding. Susquehanna Growth Equity led the round with participation from return backers 83North and M12 - Microsoft Ventures.
3 min read · 17 October 2018
Lucidchart, a cloud-based visual productivity platform, has raised $72 million in funding. The investors were Meritech Capital, ICONIQ Capital and Spectrum Equity.
3 min read · 17 October 2018
CuraSen Therapeutics Inc, a developer of therapies to treat neurodegenerative diseases, has raised $54.5 million Series A financing. New Leaf Venture Partners led the round.
1 min read · 17 October 2018
Israel-based Cognata Ltd, a simulation engine for autonomous vehicle developers, has secured $18.5 million in funding. Scale Venture Partners led the round with participation from Emerge, Maniv Mobility, Airbus Ventures and Global IoT Technology Ventures.
1 min read · 17 October 2018
Silicon Valley-based Gauss Surgical, an AI-driven healthcare technology company, raised $20 million in Series C funding. The investors included Northwell Health, SoftBank Ventures Korea and LS Polaris Innovation Fund.
1 min read · 17 October 2018
Austin, Texas-based ICON, which builds affordable homes using 3D-printing technology, robotics and advanced materials, announced it has raised $9 million in seed-stage funding. Oakhouse Partners led the large seed funding, which also included national homebuilder D.R. Horton; Emaar, a large Middle East developer; Texas startup accelerator Capital Factory; CAZ Investments; Cielo Property Group; Engage Ventures; MicroVentures; Saturn Five; Shadow Ventures; Trust Ventures; Verbena Road Holdings; and Vulcan Capital, the multi-billion dollar investment arm of the late Microsoft co-founder and philanthropist Paul Allen.
1 min read · 17 October 2018
Petr Šmída and Cezary Smorszczewski have launched Corviglia Capital Fund, a fintech growth pool that is seeking $500 million in capital commitments. The fund has secured $250 million in a first close. Šmída co-founded ENERN, an Eastern European/DACH venture capital firm which has invested in 20 tech companies. Smorszczewski co-founded and is the former deputy-CEO of Alior Bank. The fund will make minority investments in financial services and banking.
2 min read · 17 October 2018
Crux Informatics, a data engineering and information supply chain operator, announced it raised $20 million in a Series B round of funding. The financing includes recent investor Two Sigma, as well as follow-on investments from Goldman Sachs’ Principal Strategic Investment Group and Citi, among others previous investors. Crux, which has teams in New York and San Francisco, raised a $10 million Series A round in late 2017.
1 min read · 17 October 2018
New York City-based ConveyIQ, a provider of enterprise talent communication and recruiting automation software, has raised $5.5 million in funding. SC Ventures led the round with participation from other investors that included 3TS Capital Partners and StarVest Partners.
1 min read · 16 October 2018
Applied Systems, a provider of cloud-based software for the insurance industry, has secured an investment from CapitalG, Alphabet's growth equity investment fund. No financial terms were disclosed. As a result of the transaction, Hellman & Friedman will retain majority ownership of Applied Systems while CapitalG joins JMI Equity and Stone Point Capital as a minority investor.
1 min read · 16 October 2018