US

Machine learning infrastructure platform Petuum fetches $93 mln Series B

Pittsburgh-based Petuum Inc, a machine learning infrastructure platform, has secured $93 million in Series B funding. SoftBank led the round with participation from return backer Advantech Capital.

AlertMedia lands $8 mln Series B

Austin, Texas-based AlertMedia, a mass communication software provider, has raised $8 million in Series B funding. Next Coast Ventures led the round with participation from ATX Seed Ventures.

Attivo Networks nets $21 mln Series C

Fremont, California-based Attivo Networks, a provider of deception solutions for cybersecurity defense, has raised $21 million in Series C funding. Trident Capital Cybersecurity led the round with participation from return backers Bain Capital Ventures and Omidyar Technology Ventures. In conjunction with the funding, Alberto Yépez, a managing director of Trident Capital Cybersecurity, will join Attivo Networks' board.

Strategic Cyber Ventures adds Kanuck to advisory board

Washington, D.C-based Strategic Cyber Ventures, a cybersecurity-focused venture firm, has appointed Sean Kanuck to its advisory board. Kanuck is an attorney and strategic consultant who advises governments, corporations and entrepreneurs on the future of information technology.

Arthur Ventures leads Series A round for 250ok

Indianapolis-based 250ok, an email analytics and deliverability company, has raised $2.6 million in Series A funding. Arthur Ventures led the round.

Cloud security startup ShiftLeft inks $9.3 mln Series A

Santa Clara, California-based ShiftLeft, a newly launched cloud security startup, has raised $9.3 million in Series A funding. The investors included Bain Capital Ventures and Mayfield. In addition to the funding, Enrique Salem, a managing partner at Bain Capital Ventures and Ursheet Parikh, a Mayfield partner, have joined the ShiftLeft's board of directors.

True Link Financial scores $8 mln Series A

San Francisco-based True Link Financial, a financial services provider for seniors, has secured $8 million in Series A funding. QED Investors led the round with participation from Radicle Impact and Initialized Capital. In conjunction with the funding, Frank Rotman, QED's founding partner, will join True Link’s board of directors.

Grover pulls in $11.7 mln

Berlin-based Grover, a subscription tech rental platform, has secured $11.7 million in financing. The backer was Varengold Bank AG.

Creative Market completes spin out from Autodesk, raises $7 mln

San Francisco-based Creative Market, provider of an online marketplace for designers and independent artists, announced it has raised $7 million in Series A funding. Accomplice led the round, which included Palm Drive Capital and angel investors Patrick Lor, Don Parker and Gabriel Hammond. The financing completes the company's spin out from Autodesk, three years after the acquisition. Autodesk will retain a minority stake in the company.

SidelineSwap scores $2 mln in seed funding

Boston-based SidelineSwap, provider of an online marketplace for sports gear and equipment, said it has raised $2 million in a seed extension. Investors include Global Founders Capital, Haystack Partners, Riverpark Ventures and Fullstack Sports Ventures. Other investor sin the round include former Etsy CEO of Maria Thomas and The Players’ Impact, a group of Olympians and professional athletes. The company has now raised about $4 million in total funding.