Private Equity
Microsoft has acquired Minneapolis-based Flipgrid, an educational social video startup, according to a blog post on the latter company's website. No financial terms were disclosed. Flipgrid was backed by Brightstone Venture Capital and Arthur Ventures.
1 min read · 18 June 2018
UK-based Panaseer, a cyber security software company, has secured $10 million in Series A funding. Evolution Equity Partners led the round with participation from other investors that included Notion Capital, Albion Capital, Winton Ventures, Paladin Capital Group and Cisco Investments.
1 min read · 18 June 2018
Govtech Fund has raised about $25 million for its second fund, according to an SEC filing. The San Francisco-based venture firm invests in government tech startups.
1 min read · 18 June 2018
UK-based Tessian, a machine intelligent email security platform, has secured $13 million in Series A funding. Balderton Capital led the round with participation from Accel, Amadeus Capital Partners, Crane, LocalGlobe, Winton Ventures and Walking Ventures. UPDATE: Accel was the co-lead investor in this funding, according to a source familiar with the transaction.
6 min read · 18 June 2018
UK-based Gospel Technology, a blockchain software startup, has raised 1.4 million pounds in seed funding. LocalGlobe led the round.
4 min read · 18 June 2018
LetsLaunch, a crowdfunding website for business owners, has secured an undisclosed amount of funding. The investor was Carnrite Ventures, a division of The Carnrite Group, a management consulting firm.
1 min read · 18 June 2018
Cambridge, Massachusetts and New Delhi, India-based Elucidata Corporation, a data science company focused on developing tools and software solutions for drug discovery, has raised $1.7 million in seed funding. Hyperplane Venture Capital led the round.
1 min read · 18 June 2018
Vintage Capital has agreed to acquire Plano, Texas-based Rent-A-Center Inc, a furniture retailer, for $15 per share in cash or about $1.365 billion. The deal is expected to close by the end of 2018.
4 min read · 18 June 2018
Zenaton, a SaaS developer tool company, has secured $2.35 million in seed funding. Accel and Point Nine Capital led the round with participation from other investors that included the Slack Fund and Kima Ventures.
4 min read · 18 June 2018
General Catalyst has named Jonathan Klein as its newest executive-in-residence, according to an announcement from the venture firm. Klein is co-founder of Getty Images, where he was CEO for more than 20 years and currently is the chairman.
1 min read · 18 June 2018
