US

Arrowroot wraps up third fund at over $177 mln

Santa Monica, California-based Arrowroot Capital Management, a growth equity firm, has closed its oversubscribed third fund at over $177 million. Arrowroot Capital III's limited partners include endowments, foundations, consultants, pensions and alternative asset managers. The fund will focus on providing growth capital for software companies in the lower-middle market. Probitas Partners served as placement agent for the fund while Kirkland & Ellis LLP provided legal counsel.

CY Vision picks up $7 mln

Silicon Valley-based CY Vision, a vision systems and applications company, has secured $7 million in Series A funding. Vestel Ventures led the round with participation from Intel Capital.

Inozyme Pharma nabs $49 mln Series A

Inozyme Pharma Inc, a developer of treatments for rare diseases of calcification, affecting soft tissues and bone, has raised $49 million in Series A financing. Longitude Capital led the round with participation from other investors that included New Enterprise Associates, Novo Ventures and Sanofi Ventures.

Catalia Health bags $4 mln

San Francisco-based Catalia Health, a provider of an AI-powered patient engagement platform, has raised $4 million in funding. Ion Pacific led the round.

ReFirm Labs raises $1.5 mln from DataTribe

ReFirm Labs said it raised $1.5 million from DataTribe.

Flying Fish raises $2.5 mln for its coffers

Seattle-based Flying Fish Venture Partners has raised $2.5 million for its inaugural fund, Flying Fish Fund I, according to a regulatory filing. The target fund size is not known, but the firm raised the commitments from 13 investors, according to the reg filing. The firm, founded by a team of Seattle angel investors, invests in Pacific Northwest startups in cloud computing, artificial intelligence, speech and natural language, machine learning and Internet of Things, according to its website. The listed partners are Geoff Harris, Heather Redman and Frank Chang.

Sure Ventures seeks to raise undisclosed fund size

Sure Ventures, a San Francisco-based firm focused on early-stage insurtech deals, filed a regulatory document seeking to raise its inaugural fund. A target amount was not listed. The firm is led by Gopinath Rangan, a co-founder of INSEAD Angels and an adviser with Village Capital and Plug and Play Tech Center, according to his LinkedIn.

Poshmark inks $87.5 mln Series D

Poshmark, an online service that helps people buy and sell clothing, has raised $87.5 million in Series D funding. Temasek led the round with participation from Mayfield, Menlo Ventures, GGV Capital, Inventus Capital, Uncork Capital, Union Grove Venture Partners and Cross CreekAdvisors.

Xtraction Services fetches $5 mln

Clermont, Florida-based Xtraction Services, a maker of an extraction machine created specifically for cannabis, has raised $5 million in funding. The investor was Archytas Ventures LLC.

WireWheel.io reels in $3.1 mln seed

Arlington, Virginia-based WireWheel.io, a developer of a cloud-based data privacy and protection platform, has closed $3.1 million in seed financing. PSP Growth and New Enterprise Associates led the round with participation from other investors that included Steve Case.