Private Equity
Fluent City, a provider of language training programs, has secured $3 million in funding. Lerner Enterprises led the round with participation from other investors that included New Ground Ventures, ZG Ventures and WorldQuant Ventures.
1 min read · 18 October 2017
Backplane, a startup that helps companies manage software deployments, has raised $5 million in seed funding, according to a blog post. Baseline Ventures and Harrison Metal Capital led the round.
1 min read · 18 October 2017
New York City-based UpStack, a colocation procurement platform provider, has secured $1.8 million in seed funding. The investors included Burch Creative Capital and Montage Ventures.
3 min read · 18 October 2017
Israel-based Equinom, a technology seed breeding company, has raised $4 million in funding. The backer was Fortissimo Capital.
3 min read · 18 October 2017
Ann Arbor, Michigan-based Duo Security, an information security and software-as-a-service company, has raised $70 million in Series D financing. Meritech Capital Partners and Lead Edge Capital led the round with participation from other investors that included Geodesic Capital, Index Ventures, Redpoint Ventures and True Ventures.
1 min read · 18 October 2017
Abu Dhabi-based Mubadala Investment Company has launched a venture capital unit that will be based in San Francisco. The new team will initially oversee a $400 million early-growth venture fund; a $200 million venture fund of funds that will invest in both established and emerging fund managers; and Mubadala's $15 billion commitment to the SoftBank Vision Fund.
3 min read · 18 October 2017
Appleton, Wisconsin-based Endowment Wealth Management Inc, an investment adviser, is seeking to raise up to $25 million for its unicorn technology fund. The fund will focus on late-stage, venture-backed tech companies in the secondary market. Currently, the fund has made six undisclosed investments in this space.
3 min read · 18 October 2017
Comcast Ventures has named Gil Beyda as a managing director and promoted Daniel Gulati to partner. Previously, Beyda was a managing partner at Genacast Ventures while Gulati joined the firm in 2014.
2 min read · 18 October 2017
Finova Financial, a digital financial services company, has secured $102.5 million in equity funding. CoVenture was the lead investor.
1 min read · 18 October 2017
Small business lender BlueVine has raised up to $130 million in debt funding. The backers were Silicon Valley Bank, SunTrust Bank, Bank Leumi and TriplePoint Venture Growth BDC Corp.
3 min read · 18 October 2017