Private Equity
Indianapolis-based venture firm Allos Ventures has named David Kerr as its third managing director. Previously, Kerr was CEO of Octiv.
2 min read · 06 June 2018
Seattle-based Qumulo, of enterprise file storage technology, announced it has raised $93 million in Series D funding. The oversubscribed round was led by funds managed by BlackRock Private Equity Partners. Goldman Sachs and Western Digital also participated. In addition, all major existing investors, including Highland Capital Partners, Kleiner Perkins Caufield & Byers, Madrona Venture Group and Valhalla Partners also participated in the round. The company, founded in 2012, has now raised $223 million, according to the company.
1 min read · 06 June 2018
Stride.VC has raised $10 million toward an $89.3 million maiden venture capital fund, according to a filing with the SEC.
1 min read · 05 June 2018
Vetsource said it raised $50 million of Series D capital in a round led by Bain Capital Ventures.
4 min read · 05 June 2018
Quake Capital, an accelerator and seed investor, said it launched an accelerator program in Los Angeles. The 12-week program is the firm's fourth.
4 min read · 05 June 2018
Palo Alto, California-based Infoworks, a provider of software solutions for agile data engineering, has named Todd Goldman as vice president of marketing. Previously, Goldman was chief marketing officer at Waterline Data. Infoworks is backed by Centerview Capital Technology, Nexus Venture Partners and Knoll Ventures.
2 min read · 05 June 2018
Woburn, Massachusetts-based Cytrellis Biosystems, a medical technology company that's developing new aesthetic devices, has secured $28.5 million in Series B funding. The investors included ARCH Venture Partners, the Merz Venture Initiative, Partner Fund Management and BioMatics Capital.</strong
1 min read · 05 June 2018
Verity Studios AG, a provider of indoor drone systems, has raised $18 million in Series A funding. Fontinalis Partners led the round with participation from other investors that included Airbus Ventures, Sony Innovation Fund and Kitty Hawk.
1 min read · 05 June 2018
Men's footwear brand Taft has secured $5 million in seed funding. Kickstart Seed Fund led the round with participation from other investors that included M3 Ventures, Fifth Wall Ventures and Peterson Partners.
2 min read · 05 June 2018
Singapore-based ride-hailing platform Grab Inc has launched Grab Ventures, which will invest in Southeast Asia startups in the transportation, food, logistics and financial services sectors. Among the startups currently in Grab Ventures' portfolio are GrabCycle, a marketplace for multiple personal mobility partners; Drive.ai, a provider of AI solutions for autonomous vehicles; and iKaaz, an emerging markets mobile payments platform.
5 min read · 05 June 2018
