REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Clear-Cut Medical, a Rehovot, Israel-based medical device company, has completed a Series B financing of undisclosed amount. The round was led by Previz Ventures. The company intends to use the funds for continued product development and commercialization of its novel ClearSightTM MRI system for cancer surgery margin assessment, where first clinical trials are being conducted […]
Xiu.com, a Shenzhen, China-based website that sells international fashion brand products, raised $30m in Series C funding. The round was led by venture capital firm Pacific Venture Partners with participation from previous investors, including Kleiner Perkins Caufield Byers. The company intends to use the funds to consolidate its international supply chain network and to invest […]
Nexar, a Tel Aviv, Israel- Los Angeles, California-based developer of technology to improve driving behaviour, raised $4m in funding. The round was led by Aleph, with participation from Slow Ventures and angel investors. Founded by Eran Shir and Bruno Fernandez-Ruiz, Nexar is a network of human drivers and machine sensors, working together to predict, prevent and […]
Funderbeam, a Tallinn, Estonia-based subscription service for startup intelligence, raised €500k in additional funding. Backers included UK-based Rockspring, headed by David Gammon, and Jaan Tallinn, co-founder of Skype, as well as existing investors. The company has now raised €1.1m in total funding. Led by founder and CEO Kaidi Ruusalepp and and cofounder Urmas Peiker, Funderbeam […]
China Digital TV Holding Co., Ltd. (NYSE: STV) and Shanghai Tongda Venture Capital Co. (SSE: 600647) will co-invest in a fund which will invest in China’s digital TV industry opportunities. Initially, China Digital TV and Tongda will invest RMB100 million and RMB200 million in the fund, respectively, as limited partners. Shoutai Jinxin, a fund management […]
Tectonic, a Denver, CO-based technology and business services company focused on insight to action automation in the cloud, received a $1M loan facility from Silicon Valley Bank (SVB). The infusion of capital will be used to fund the company’s continued growth and pursue additional acquisitions. Founded in October 2014, Tectonic serves mid-sized business and enterprise customers via […]
LendKey, a New York and Ohio-based Lending-as-a-Service platform that connects borrowers with credit unions and banks, closed an $8M venture debt line from Silicon Valley Bank. The venture debt will be used to drive continued technology and product innovation, and expand its partnership and marketing initiatives. The company, which deployed $800M in loans to over […]
London, UK-based venture capital firm Passion Capital closed its second fund at £45m (approx. $69m). Passion Capital Fund II was backed by the British Business Bank, which committed £17.5m, as well as family offices in Europe and in Southeast Asia. Led by Eileen Burbidge, Robert Dighero and Stefan Glaenzer, Passion Capital provides digital media/technology startups […]
AppLift, a mobile app marketing platform, acquired Bidstalk, a self-service, white label mobile DSP. The terms of the deal were not disclosed. Founded in 2014 by CEO Vaibhav Gupta and CTO Guna Kakulapati and based in Singapore with an additional R&D center in Bangalore, India, Bidstalk provides a proprietary programmatic platform that enables marketers to […]
Yonder (operated by Green Mountain Digital LLC), a Woodstock, VT-based outdoor recreation mobile app and platform, closed $2m seed funding. The round was led by Vermont Seed Capital Fund, Monster Worldwide and angel investors. The company, which is also raising an additional $1m, intends to use the funds to expand the platform’s infrastructure maintain innovation […]
Wealthminder, a Reston, VA-based provider of financial planning and investment advice software as well as a marketplace for connecting individuals to financial advisors, raised $1.45m in seed capital. Backers included Green Visor Capital, Signatures Capital and other angel investors. The company will use the proceeds to further invest in its technology platform, a practice management […]
Francisco Partners, a global technology-focused private equity firm, completed the acquisition of HealthcareSource, a Woburn, MA-based provider of talent management solutions for healthcare. The financial terms of the transaction were not disclosed. President and CEO Peter Segall and the existing executive team will continue to lead the company following the close of the deal. HealthcareSource […]
NewsWhip, a Dublin, Ireland-based provider of a social content discovery platform, raised over $1.6m in funding. Backers included The Associated Press, 500 Startups, Tribal.vc, Matter, Social Starts, the SaaS Syndicate, UK Technology by Flight VC, Sam Perry, Angus McMillian, Jim Mullins, Armando Biondi, the AIB Seed Capital Fund, administered by Dublin Business Innovation Centre, Meridian […]
Mobi, an Indianapolis, IN-based provider of managed mobility software and services to enterprises, received a debt facility from Silicon Valley Bank (SVB). The amount of the deal was not disclosed. The company intends to use the funds to accelerate its growth in the global enterprise mobility marketplace. Led by Scott Kraege, Co-Founder and CEO, Mobi […]
CyberFlow Analytics, a San Diego, CA-based provider of a security behavior analytics solution, received a strategic investment from the Venture Capital Unit of Siemens. The amount of the deal was not disclosed. This represents the second strategic partnership and investment deal that CyberFlow Analytics has closed in the last 12 months after previously closing a […]