Deputy, an Australian provider of a workforce management software platform, closed an $81m Series B funding. The round, which brought total funding raised to date to $106m, was led by IVP, with participation from OpenView, Square Peg Capital and EVP. The company intends to use the funds to accelerate growth, develop new products and build… Continue reading Deputy Raises $81M in Series B Funding Round
Author: FINSMES Online News
Didi Chuxing Launches DiDi Labs in Toronto
Didi Chuxing, a mobile transportation platform, officially launched its DiDi Labs in Toronto, Canada. This marks the second major research facility founded by DiDi in North America, following the establishment of DiDi Labs in Mountain View, California, in March 2017. Since its inception, DiDi Labs in Mountain View has invested in product development and safety… Continue reading Didi Chuxing Launches DiDi Labs in Toronto
Admix Acquires VRFocus.Com
Admix, a London, UK-based provider of a non-intrusive monetization solution for AR/VR, acquired VRFocus.com, a Farnborough, Hampshire, UK-based AR/VR focused media company. The amount of the deal was not disclosed. Launched in 2014, VRFocus is a specialist technology news website, which covers all aspects of immersive technology including virtual reality (VR), augmented reality (AR) and… Continue reading Admix Acquires VRFocus.Com
Idelic Raises $2M in Funding
Idelic, a Pittsburgh, PA-based data and analytics platform for improving safety in the transportation industry, raised $2m in funding. The round was led by Bain Capital Ventures, with participation from TDF Ventures and SaaS Venture Capital and current investors Birchmere Ventures and M25 Group. In conjunction with the financing, Kevin Zhang of Bain Capital Ventures… Continue reading Idelic Raises $2M in Funding
RapidSOS Raises $30M in Series B Funding
RapidSOS, a NYC-based advanced emergency technology platform, raised $30M in Series B funding. The round was led by Playground Global, with participation from Highland Capital Partners, M12 (Microsoft’s Venture Fund), Two Sigma Ventures, Forte Ventures, The Westly Group, CSAA IG, and individuals including three former FCC Chairmen and Ralph de la Vega – former AT&T… Continue reading RapidSOS Raises $30M in Series B Funding
YourMechanic Raises $10.1M in Series B1 Round
YourMechanic, a Mountain View, CA–based mobile car repair network, closed $10.1m in Series B1 funding. The round was led by institutional and individual investors including Royal Bank of Canada, SoftBank Capital, Verizon Ventures, American Family Ventures, Data Point Capital, and Rick Wagoner, former Chairman and CEO of General Motors, among others. The company, which has… Continue reading YourMechanic Raises $10.1M in Series B1 Round
Cargo Secures $22M in Series A Financing
Cargo, a NYC-based provider of in-car commerce for ride-share companies, secured $22m in Series A financing. The round was led by Founders Fund with participation from:– Coatue Management– Aquiline Technology Growth– Mark Pincus, Founder of Zynga– Vivi Nevo, Israeli-American Venture Capitalist– Colin Carrier, Former Twitch CSO– Emil Michael, Uber’s former Chief Business Officer– Josh Mohrer,… Continue reading Cargo Secures $22M in Series A Financing
Proscia Closes $8.3M Series A Round of Financing
Proscia, a Philadelphia, PA-based developer of digital pathology software, closed an $8.3m Series A financing. The round was led by Flybridge Capital Partners with participation from Emerald Development Managers, Fusion Fund, Razor’s Edge Ventures, and RobinHood Ventures. As part of the funding, Chip Hazard and Tom Loftus, Chief Technologist at Razor’s Edge Ventures, have joined… Continue reading Proscia Closes $8.3M Series A Round of Financing
On-Demand Ride App Migo Raises $9M in Series A
Migo, a Seattle, WA-based provider of a free mobile app for on-demand rides and of a Mobility-as-a-Service (MaaS) platform, raised $9m in Series A funding. Backers included new investors Clayton Venture Partners, the venture capital arm of Enterprise Holdings Inc., Hyundai Cradle, and Thayer Ventures, and existing investors Second Avenue Partners, Via-ID, Rolling Bay Ventures,… Continue reading On-Demand Ride App Migo Raises $9M in Series A
ShipBob Raises $40M in Series C Funding
ShipBob, a Chicago, IL-based technology company that streamlines fulfillment by bringing next-day and two-day shipping options to ecommerce businesses, raised $40m in Series C funding. The round was led by Menlo Ventures with participation from existing investors Bain Capital Ventures, Hyde Park Venture Partners, Hyde Park Angels and Y Combinator. In conjunction with the funding,… Continue reading ShipBob Raises $40M in Series C Funding