FloQast, a Los Angeles, CA-based provider of close management software for accountants, raised $40m in Series C funding. The round, which brought total equity raised to date to $93m, was led by Norwest Venture Partners with participation from existing investors Insight Partners and Polaris Partners. The company intends to use the funds to further accelerate… Continue reading FloQast Raises $40M in Series C Funding
Author: FINSMES Online News
vChain Raises $7M in Series A Funding
vChain, a Houston, TX, USA-based trust and integrity company, closed a $7M Series A funding round. The round was led by Elaia, with participation from Bluwat and Acequia Capital. The company will use the new capital to further develop and scale its CodeNotary™ platform, to invest in engineering and execution talent, and to scale out… Continue reading vChain Raises $7M in Series A Funding
FireEye Buys Cloudvisory
FireEye, Inc. (NASDAQ: FEYE), a Milpitas, Calif.-based intelligence-led security company, acquired Cloudvisory, a Dallas, TX-based provider of continuous visibility, compliance, and security policy governance solutions for multi-cloud and data center assets. The amount of the deal was not disclosed. With the acquisition, Cloudvisory technology will expand cloud security capabilities of FireEye Helix, allowing customers to… Continue reading FireEye Buys Cloudvisory
Software Motor Company Raises $25M in Funding
Software Motor Company, a Sunnyvale, Calif.-based provider of optimal motor systems, closed a $25m financing round. The round included a first-time investment from BMW i Ventures. The company – which has now raised over $70M since 2014 and intends to raise its final round in summer 2020 – plans to use the funds to expand… Continue reading Software Motor Company Raises $25M in Funding
Circonus Raises $6.8M in Series A1 Funding
Circonus, a Philadelphia, PA-based provider of a machine data intelligence platform built to handle data in IT infrastructure and IoT deployments, raised $6.8m in Series A1 funding. The round was led by Osage Venture Partners with participation from new investors Bull City Venture Partners, Ben Franklin Technology Partners, and NewSpring Capital. The company intends to… Continue reading Circonus Raises $6.8M in Series A1 Funding
Ori Biotech Raises $9.4M in Seed Funding
Ori Biotech Ltd, a a London- and Philadelphia-based Cell and Gene Therapy (CGT) manufacturing company, closed a $9.4M (£7M) seed funding round. Backers included Amadeus Capital Partners, Delin Ventures, Kindred Capital and a London-based family office, alongside a group of angel investors. The company intends to use the funds to bring their manufacturing platform to… Continue reading Ori Biotech Raises $9.4M in Seed Funding
Alitheon Raises $14.9M in Funding
Alitheon, a Bellevue, Wash.-based machine vision software company, closed a $14.9m venture capital financing. Backers included BMW i Ventures, IPD Capital and Shasta Ventures alongside current and former senior management from Accenture, Boeing and Fidelity. The company intends to use the funds to expand its FeaturePrint™ technology across the defense, aerospace, aviation services, automotive, semiconductor,… Continue reading Alitheon Raises $14.9M in Funding
Vecna Robotics Raises $50M in Financing
Vecna Robotics, a Waltham, Mass.-based workflow orchestration and self-driving forklift provider, raised $50m in Series B funding. The round was led by Blackhorn Ventures, with participation from new investors Highland Capital and Fontinalis Partners, and additional funding from existing investors Drive Capital and Tectonic Ventures. With this investment, Trevor Zimmerman of Blackhorn Ventures and Bob… Continue reading Vecna Robotics Raises $50M in Financing
Repisodic Raises $1.75M in Seed Funding
Repisodic, a Philadelphia, PA-based healthcare technology company, raised $1.75m in seed funding. The round was led by American Enterprise Ventures, LLC, a division of American Enterprise Group, Inc. (AEG). The company intends to use the funds to strengthen its market position and scale the business, both organizationally and technologically. With the new investment, they expect… Continue reading Repisodic Raises $1.75M in Seed Funding
VMware Closes Acquisition of Pivotal, for Approx. $2.7 Billion
Palo Alto, California-based VMware, Inc. (NYSE: VMW), an enterprise software company, completed the acquisition of Pivotal Software, Inc. a cloud-native platform provider. The transaction represented an enterprise value for Pivotal of approximately $2.7 billion. As a result of the completion of the acquisition, Pivotal’s Class A common stock was removed from listing on the New… Continue reading VMware Closes Acquisition of Pivotal, for Approx. $2.7 Billion