Private Equity
Sunnyvale, California-based Druva, a provider of cloud data protection services, announced it has acquired CloudRanger for an undisclosed price. With offices in Chicago and Ireland, CloudRanger provides backup and disaster recovery services for AWS and was backed by Enterprise Ireland. Druva is also VC-backed, having raised about $200 million from Sequoia Capital, Tenaya Capital and other investors.
3 min read · 05 June 2018
Zurich, Switzerland-based Veristy Studios AG, a provider of indoor drone systems technology, announced it has raised $18 million in a Series A round of funding led by Fontinalis Partners. Other investors include Airbus Ventures, Sony Innovation Fund and Kitty Hawk. The company was founded in 2014 by Raffaello D'Andrea, who previously was a co-founder of Kiva Systems, which Amazon acquired in 2012.
3 min read · 05 June 2018
Redwood City, California-based BlueVine, which provides financing to small and medium-sized businesses, announced that has raised $60 million in equity funding. The Series E funding round was led by Menlo Ventures, and includes new investors, such as SVB Capital. The company, which has raised more than $500 million in debt and equity since it was founded in 2013, said all major existing investors also participated in the round.
4 min read · 05 June 2018
JLL Spark, a division of JLL, said it created a $100 million global venture capital fund to back companies attempting to transform the real estate industry with technology.
1 min read · 05 June 2018
San Diego-based Raken, a provider of an app ffor managing work flows in the construction industry, announced it has raised $10 million in Series A funding. U.S. Venture Partners led the round, with participation from new investor Tao Capital Partners and existing investors Eniac Ventures, Rincon Venture Partners and Spider Capital. The company, founded in 2014, previously raised $2 million in funding.
1 min read · 05 June 2018
Dani Grant, an analyst with Union Square Ventures, announced in a blog post she joined the firm two weeks ago. She was most recently a product manager at Cloudflare, a portfolio company of the firm.
1 min read · 04 June 2018
New Leaf Venture Partners, a New York-based healthcare tech-focused venture firm, has named Dr. Martin Mackay as senior adviser. His appointment is effective immediately. Recently, Mackay co-founded Rallybio.
3 min read · 04 June 2018
Healthcare technology platform Parachute Health has secured $9.5 million in funding. Harley Miller and Dan Ahrens of Insight Venture Partners led the round with participation from other investors that included GNYHA Ventures, the business arm of the Greater New York Hospital Association.
1 min read · 04 June 2018
Oren Zeev's Zeev Ventures has set out to raise a fourth venture-capital fund, according to a filing with the SEC.
1 min read · 04 June 2018
Cyberbit Ltd., a subsidiary of Elbit Systems Ltd., said it raised $30 million from Claridge Israel. Claridge Israel is a partnership between la Caisse de dépôt et placement du Québec and Claridge Inc., the Stephen Bronfman Family Office.
4 min read · 04 June 2018
