US

Blockchain tech company Compound rakes in $8.2 mln seed

Compound, a blockchain technology company, has raised $8.2 million in seed funding. Bain Capital Ventures, Andreessen Horowitz and Polychain Capital led the round with participation from Transmedia Capital, Compound Ventures, Abstract Ventures, Danhua Capital and Coinbase.

New Markets wraps up second fund at $68 mln

New Markets Venture Partners has closed its second fund at $68 million. The fund will focus on education technology and innovations.

Workframe inks $9.5 mln Series B

Workframe, a collaboration and communication platform for commercial real estate professionals, has raised $9.5 million in Series B funding. Newmark Knight Frank led the round with participation from MetaProp and Venrock.

Maisonette fetches $15 mln Series in NEA-led round

Maisonette, a children’s clothing and lifestyle e-commerce site, has secured $15 million in Series A financing. New Enterprise Associates led the round with participation from other investors that included Pritzker Group Venture Capital, John Fisher of Draper Fisher Jurvetson and Thrive Capital.

Provi lands $3.5 mln

Provi, an ecommerce marketplace helping bars and restaurants order alcohol more efficiently, has raised $3.5 million in funding. The investors included Hyde Park Angels, Hyde Park Venture Partners, Ludlow Ventures and Sandalphon Capital.

Riverwood leads Series C round for Cloudvirga

Cloudvirga, a developer of intelligent mortgage point-of-sale platforms, has raised $50 million in Series C funding. Riverwood Capital led the round with participation from Upfront Ventures.

Online education company PluralSight goes public

PluralSight Inc, an online education company, has raised $310.5 million for its IPO after pricing its 20.7 million shares at $15 per share. The stock began trading May 17, 2018 on the NASDAQ under the ticker symbol "PS." Morgan Stanley and J.P. Morgan Securities LLC are the lead underwriters. PluralSight is backed by Insight Venture Partners.

Arevo raises $12.5 mln, announces new CEO

Santa Clara, California-based Arevo, which provides 3D printing technology and services, announced it has raised $12.5 million in Series B funding. Asahi Glass led the round with Sumitomo Corporation of Americas, Leslie Ventures and Khosla Ventures. The company, founded in 2013, has now raised $19.5 million to date. The funding comes as Jim Miller, a former executive with Google and Amazon, is named company CEO.

Arbor Ventures raises $178.6 mln toward second venture fund

Arbor Ventures has raised $178.6 million toward a $220 million second venture fund, according to a filing with the SEC.

InsightSquared snaps up $23 mln Series D

Boston-based InsightSquared, a provider of revenue intelligence solutions for growing businesses, has secured $23 million in Series D funding. Tola Capital led the round with participation from Accomplice, Draper Fisher Jurvetson, Two Sigma and NextView. In conjunction with the funding, Aaron Fleishman, a principal at Tola Capital, will join InsightSquared's board of directors.