USA

Social Quant, a Tampa, Fla.-based technology startup, received an investment of undisclosed amount. The round was led by Atlantic Merchant Capital Investors with participation from Fleur De Lis Partners. The capital allow the company to execute marketing initiatives to scale its offerings. Formed by Dr. Morten Middelfart, a serial entrepreneur and author and thinker on […]

USA

ThreatQuotient Inc., a Dulles, VA-based cybersecurity software company, raised $1.5m in seed funding. The round was led by Blu Venture Investors, Center for Innovative Technology, and the Virginia Tech Investor Network (VTIN), and angel investor Todd Headley. The company intends to use the funds to expand go-to-market reach through both direct and channel partner activities […]

France

Ninox Medical, a Lyon, France-based developer of a device for OSA treatment, raised $10m in Series B financing. The round was led by Mérieux Développement and Pitango Venture Capital with participation from current investor Xenia Venture Capital. Pitango’s Dr. David Israeli and Mérieux Développement’s Valérie Calenda, will be joining Ninox Medical’s board of directors in […]

USA

SlamAd, a NY-based adtech startup, recently closed a $1.25m seed round of funding. Backers included unnamed strategic investors. The company intends to use the proceeds to grow the team and to enhance the platform with entertainment, gaming, and mobile content. The iOS version is expected to be launched this summer. Led by Steven Brown, President […]

USA

Private equity firm Francisco Partners, a global technology-focused private equity firm, has signed a definitive agreement to acquire HealthcareSource, a provider of talent management solutions for healthcare. The transaction, whose amount was not disclosed, is expected to close within approximately 30 days, following satisfaction of customary conditions. Insight Venture Partners was the majority owner of […]

Germany

Berlin, Germany-based magazine building platform Styla raised €2.5m in seed funding. The round was led by Redalpine Venture Partners with participation from Groupe Arnault, founding investor Atlantic Labs, led by business Angel Christophe Maire. Cherry Ventures, and German VC Westtech Ventures. The company intends to use the funds to build its technological lead in the […]

USA

Menlo Park, CA-based venture capital firm Foundation Capital announced RJ Jain as Entrepreneur-in-Residence. RJ Jain is a serial entrepreneur and angel investor. He is the co-founder of Appurify, a provider of on-device debugging, continuous integration testing and performance optimization platform for mobile applications, which was acquired by Google in 2014. He previously served as the […]

USA

Albeado, a Santa Clara, CA-based software company delivering predictive analytics and causal modeling, closed a $3m series A financing. The round was led by Brillio. The new funds will be used to expand Albeado’s engineering, sales and product development functions. Led by Partha Datta Ray, CEO and Founding CTO, Albeado provides predictive analytics and causal […]

USA

Harbert Management Corporation, an investment management firm focusing on alternative assets, held the final closing of its third mezzanine debt fund, at $165 million. Harbert Mezzanine Partners III, L.P. received support from existing investors and new commitments from other institutional investors including public and private pensions, fund of funds and family offices. Led by John […]

USA

Tracxn, a Palo Alto, CA-based research platform for private market investors, raised $3.5m in funding. SAIF Partners made the investment. The company intends to use the funds to expand its team of analysts tracking startups. Launched in 2013 by Neha Singh, Tracxn captures all digital presence about startups and combines it with human curation to […]

USA

Validic, a Durham, NC-based digital health platform, raised $12.5m in Series B funding. The round was led by Kaiser Permanente Ventures, the corporate venture capital arm of Kaiser Permanente. The company intends to use the funds to continue to grow operations. Launched in 2010 by Ryan Beckland, CEO, Validic provvides a cloud-based, digital health platform […]

USA

Access Integrated Healthcare, LLC, a Los Angeles, California-based healthcare services company, raised $8.5m in its first round of growth capital. The round was led by Penta Mezzanine Fund. The company intends to use the for the continued expansion in two key market segments: comprehensive diagnostic imaging services—primarily to the workers’ compensation sector—and cosmetic surgery services targeting […]

USA

CrisisResponsePro, a NYC-based provider of software for crisis and litigation communications, has been launched with an investment from public relations firm PRCG | Haggerty LLC. The amount of the transaction was not disclosed. Led by Jim Haggerty, founder and CEO, and Thom Weidlich, chief content manager, CrisisResponsePro provides organizations of all sizes (along with public […]

Uncategorized

DriveWealth Holdings Inc., the owner of DriveWealth, LLC, a Chatham, NJ-based global online broker dealer, received its first institutional investment from Route 66 Ventures. The amount of the deal was not disclosed. The company intends to use the funds to expand its global partners and customers as well as its product and service offering. Launched […]