US

Parking app SpotAngels garners $2.3 mln

SpotAngels, a community-based parking app, has secured $2.3 million in funding. The investors included Lars Rasmussen, Luc Vincent, Y Combinator, Streamlined Ventures and Via-ID.

DivvyPay raises $35 mln

DivvyPay Inc said July 24 that it raised a $35 million Series B funding round led by Insight Venture Partners. DivvyPay, of Lehi, Utah, provides a financial platform for businesses to manage payments and subscriptions.

Indus.ai raises $3.7 mln in round led by Pierre Omidyar’s UP2398.

Indus.ai said it raised $3.7 million of seed financing in a round led by Pierre Omidyar’s UP2398.

Brightpearl raises $15 mln from Cipio Partners, MMC Ventures, Notion Capital

Brightpearl said it raised a $15 million round led by Cipio Partners and joined by existing investors MMC Ventures and Notion Capital.

Rethink Brands pulls in $6.7 mln in AccelFoods-led round

Rethink Brands, a boxed beverage company, has secured $6.7 in funding. AccelFoods led the round.

Blavity picks up $6.5 mln Series A

Blavity, a creator of content for black millennials, has raised $6.5 million in Series A funding, according to a news announcement on its site. The investors included Google Ventures, Macro Ventures, Baron Davis, Comcast Ventures and Plexo Capital.

XL Innovate promotes Downer to principal

Menlo Park, California-based XL Innovate, an insurtech-focused venture fund, has promoted Chris Downer from associate to principal. Downer joined the firm in 2016.

Cogito fetches $37 mln Series C

Cogito, a provider of augmented intelligence, has secured $37 million in Series C funding. Goldman Sachs Growth Equity led the round with participation from return backers Salesforce Ventures and OpenView.

Xage Security procures $12 mln Series A

Xage Security, a blockchain-protected security platform provider for the industrial internet of things, has raised $12 million in Series A funding. March Capital Partners led the round with participation from GE Ventures, City Light Capital and NexStar Partners.

Customer data and engagement platform SessionM takes in $23.8 mln

Boston-based SessionM, a customer data and engagement platform, has raised $23.8 million in funding. Salesforce Ventures led the round with participation from other investors that included Causeway Media Partners, CRV, General Atlantic, Highland Capital and Kleiner Perkins Caufield & Byers.