Private Equity
Los Altos, California-based AISense, an artificial intelligence startup, has secured $10 million in Series A funding. Horizons Ventures led the round with participation from other investors that included Tim Draper’s Draper Associates and Draper Dragon Fund, David Cheriton and Bridgewater Associates. In addition to the funding, Bart Swanson, an adviser at Horizons Ventures, has joined the AISense board.
1 min read · 20 November 2017
TransferMate, a B2B payments provider, has raised 30 million euros in funding. The investor was Allied Irish Banks. As a result of the transaction, AIB now has a "small" minority equity ownership stake in TransferMate. Perella Weinberg Partners LP served as the exclusive strategic and financial adviser to TransferMate on the transaction while EY was financial and tax due diligence adviser to AIB.
4 min read · 20 November 2017
Indonesia-based aCommerce Co. Ltd, an ecommerce enabler and e-distributor, has secured $65 million in Series B funding. KKR-backed Emerald Media led the round with participation from previous backers that included Blue Sky, MDI Ventures and DKSH. North Ridge Partners served as adviser on the transaction.
5 min read · 20 November 2017
Scalyr, a log management and server monitoring service, has raised $20 million in Series A funding. Shasta Ventures led the round with participation from previous backers Bloomberg Beta, Susa Ventures and Heroic Ventures.
1 min read · 20 November 2017
London-based Zego, an insurance provider, has secured 6 million pounds in Series A funding. The investor was Balderton Capital.
5 min read · 20 November 2017
Menlo Park, California-based Amplify Partners has hired Sarah Catanzaro as a principal. Catanzaro was previously a data partner at Canvas Ventures, which she joined in mid-2016. Prior to joining the firm, she was head of data at Mattermark. She said she left Canvas after a year-and-a-half to focus more on her passions of machine intelligence and enterprise infrastructure, specialized sectors that are more in line with what Amplify focuses on.
1 min read · 18 November 2017
VidMob, a video creation platform, has raised $7.5 million in Series A funding. The investors included Manifest Investment Partners, Interlock Partners, Stampede Ventures, Acadia Woods Partners and Macanta Investments.
2 min read · 17 November 2017
Palo Alto, California-based Ulu Ventures has raised $41.075 million toward a $50 million target for its second fund, according to a regulatory filing. The firm has raised commitments from 58 investors, the filing shows. The firm is led by husband-and-wife Managing Directors Miriam Rivera and Clint Korver.
1 min read · 17 November 2017
Charlotte, North Carolina-based Diamond Orthopedic, a medical device company, has secured $3.5 million in seed funding. MagnaSci Fund LP led the round.
1 min read · 17 November 2017
Denver-based GoSpotCheck, a SaaS-based field execution management platform, has secured $21.5 million in funding. Insight Venture Partners and Point Nine Capital led the round.
3 min read · 17 November 2017
