Private Equity
UK-based Connexin, a Wi-Fi firm, has raised up to 10 million pounds in funding. Digital Alpha Advisors led the round with participation from Cisco Systems.
1 min read · 16 October 2017
San Mateo, California-based LimeBike, provider of a dockless bike-sharing service, announced it has raised a $50 million Series B round of funding. Coatue Management led the round, which also included GGV Capital, Franklin Templeton Investments, Section 32, AME Cloud Ventures and the Stanford-StartX Fund, as well as previous investors Andreessen Horowitz and DCM Ventures. As part of the funding, Coatue Partner Thomas Laffont has joined the board of directors. LimeBike has now raised $62 million in total funding.
1 min read · 16 October 2017
NICE has acquired Cincinnati-based Workflex, a provider of workforce engagement solutions. No financial terms were disclosed. Workflex was backed by CincyTech.
3 min read · 13 October 2017
Crosser Technologies, a Swedish provider of intelligent edge computing software for industrial and enterprise internet of things, has raised 1.4 million euros in seed funding. The investors were Spintop Ventures, Almi Invest and Norrlandsfonden.
1 min read · 13 October 2017
Atlanta-based onQ, a developer of interactive group communications and learning solutions, has raised a total of $7 million. The investors were not named.
1 min read · 13 October 2017
Precursor Ventures is seeking to raise $25 million for its second fund, according to an SEC filing. The San Francisco-based venture firm focuses on B2B and B2C software applications and hardware.
1 min read · 13 October 2017
Magic Leap, a highly funded and secretive startup that has promised breakthrough augmented reality technology, is seeking to raise up to $1 billion in fresh funding from investors, according to a new corporate filing.
2 min read · 13 October 2017
Los Angeles and Singapore-based Wavemaker Partners, an early-stage venture firm, has closed its second Southeast Asia-focused fund at $66 million, beating its $50 million target. The fund's investors include IFC, a member of the World Bank Group.
4 min read · 13 October 2017
Yardley, Pennsylvania-based OptiNose, a developer of ear, nose, throat and allergy products, has raised $120 million for its IPO after pricing its 7.5 million shares at $16 per share. The stock began trading October 13, 2017 on the NASDAQ under the ticker symbol "OPTN." Jefferies and Piper Jaffray are the lead underwriters. OptiNose's backers include Avista Capital Partners, WFD Ventures and Entrepreneurs Fund.
3 min read · 13 October 2017
Seattle-based Visual Vocal, a productivity platform for team collaboration, has secured $3.6 million in seed financing. Eniac Ventures led the round with participation from other investors that included Scout Ventures, Spider Capital and the Alliance of Angels.
1 min read · 13 October 2017
