Private Equity
San Francisco-based TravelBank, provider of a travel expense and rewards app for business, announced it has raised $25 million in a Series B round of funding. DCM Ventures led the round of funding with participation from Propel Venture Partners, DanHua Capital, New Enterprise Associates, Accel Partners and Silicon Valley Bank. The company has now raised $35 million since it was founded in 2016. DCM co-founder General Partner David Chao has joined the board.
1 min read · 30 August 2017
ALICE said it raised $26 million of Series B funding from Expedia. The transaction makes Expedia a majority shareholder and expands the commercial cooperation between the two companies.
1 min read · 30 August 2017
Santa Monica, California-based Domuso, provider of a financial platform for renters, announced it has raised $3.1 million in funding. The company said investors include owner/operators of rental properties, such as real estate magnate David Kim, founder of Bascom Group. The company has now raised $5.8 million in total funding since it was founded in 2014.
1 min read · 30 August 2017
Salt Lake City-based Dwelo, a smart home platform for apartments, has raised $4.9 million in funding. Peterson Ventures led the round.
3 min read · 30 August 2017
Columbus, Ohio-based PriorAuthNow, a platform for connecting the healthcare landscape using prior authorization automation, has secured $3.6 million in funding round. NCT Ventures led the round with participation from Detroit Venture Partners.
1 min read · 29 August 2017
ExplORer Surgical, a platform for intraoperative surgical and interventional procedure workflow management and analytics, has raised $3 million in Series A financing. Aphelion Capital led the round with participation from other investors that included Elliott Management, the University of Chicago, M25 Group and the Harvard Business School Angels of Chicago. In conjunction with the financing, Ned Scheetz, Anne Sissel, Immanuel Thangaraj and Kurt Azarbarzin have been added to ExplORer Surgical's board of directors.
1 min read · 29 August 2017
Austin-based Convey, a delivery platform, has raised $8.25 million in Series B funding. The investors included Techstars and RPM Ventures.
1 min read · 29 August 2017
Reston, Virginia-based LookingGlass Cyber Solutions, a provider of threat protection against cyber attacks, has secured $26.3 million in funding. Eastward Capital and Triangle Peak Partners led the round with participation from Alsop Louie Partners, Neuberger Berman and New Spring Capital.
1 min read · 29 August 2017
Canal Partners has sold its stake in Phoenix-based Hat Club, a headwear retailer. No financial terms were disclosed.
3 min read · 29 August 2017
DSG Consumer Partners has raised $50 million for its second fund, according to an SEC filing. Early-stage investment firm DSGCP backs consumer businesses.
1 min read · 29 August 2017
