US

BridgeU picks up Series A funds

UK and Hong Kong-based BridgeU, a provider of university prep and career guidance solutions, has secured 4 million pounds in Series A funding, according to an announcement. Octopus Ventures led the round with participation from Fresco Capital and Downing Ventures.

Digital Asset scores over $40 mln Series B

Digital Asset, a provider of distributed ledger technology for the financial services industry, has raised over $40 million in Series B financing. Jefferson River Capital led the round.

Vacasa racks up $103.5 mln Series B

Portland, Oregon-based Vacasa, a vacation rental management company, has secured $103.5 million in Series B funding. Riverwood Capital led the round with participation from Level Equity, Assurant Growth Investing and NewSpring.

Cloud video distributor Zype snags $4.9 mln Series A

New York City-based Zype, a cloud video distributor, has raised $4.9 million in Series A funding. Runa Capital led the round with participation from other backers that included Revel Partners, Point Nine Capital, Alpine Meridian Ventures and Entrepreneurs Investment Fund.

Pluto TV picks up $8.3 mln

Los Angeles-based Pluto TV, a free internet television service, has secured $8.3 million in funding. The investors included Samsung Venture Investment Corporation, Samsung's venture capital arm.

Next Frontier Capital collects $22 mln for sophomore fund

Next Frontier Capital has raised $22 million for its second fund. The current target is $30 million. Based in Bozeman, Montana, the venture firm backs tech companies that are in the state.

VR company Torch 3D raises $3.5 mln in seed funding

Portland, Oregon-based Torch 3D, provider of an augmented and virtual reality prototyping platform, has raised $3.5 million in an initial seed round led by the Venture Reality Fund and Silicon Valley Data Capital. Additional investors include Seven Peaks Ventures, GVR Fund, Presence Capital, Antipodean Ventures, Jerome Capital and TWB Investment Partnership. Torch 3D was founded in January 2017 by Paul Reynolds and Josh Faust, who previously led Magic Leap’s SDK and Applications efforts, along with veteran cloud and infrastructure entrepreneur Antony Falco. The financing will be used to complete its beta offering for public release and expand its team.

LendingHome scores $57 mln

Mortgage lender LendingHome has secured $57 million in funding. The investors include Sberbank and Noah Holdings Limited. Also, the company has closed its LendingHome Opportunity Fund II at $100 million with an additional $300 million credit facility raising the amount to $400 million.

Feedzai takes in $50 mln

Feedzai, which uses artificial intelligence to fight fraud, has raised $50 million in funding. The investors include Sapphire Ventures.

VC-backed Bridg adds industry principal to team

Los Angeles-based Bridg, a marketing software company for the restaurant industry, has appointed Jayson Tipp as an industry principal. Tipp is the former chief development officer and senior vice president of technology at Papa Murphy's International LLC. Bridg's backers include March Capital Partners, Morpheus Ventures, NextEquity Partners and Visa.