Netskope amasses $168.7 mln Series F

Netskope, a provider of cloud security solutions, has raised $168.7 million in Series F funding. Lightspeed Venture Partners led the round with participation from Accel, Geodesic Capital, Iconiq Capital, Sapphire Ventures, Social Capital and Base Partners. Source: Press Release

TCV leads Sojern’s $120 mln round

Sojern has raised $120 million in a funding round led by TCV. Sojern, of San Francisco, is a travel tech company. PRESS RELEASE SAN FRANCISCO, Nov. 13, 2018 /PRNewswire/ — Sojern, the travel tech company known for its traveler path-to-purchase data and innovative travel marketing and distribution solutions, today announced that growth equity firm TCV has led a $120 million financing round in Sojern.
Sojern looks to build on its years of rapid growth and successful execution—recently marking 13 consecutive quarters of profitability—to accelerate solutions development for its clients, which include 93 percent of the world’s Fortune 500 travel companies and thousands of independent hotel properties and local tourism providers. As part of the transaction, TCV general partner Woody Marshalljoined Sojern’s Board of Directors. TCV brings extensive experience in the travel and marketing tech spaces with investments in Airbnb, Expedia, HomeAway, TripAdvisor, SiteMinder, ExactTarget, Act-On and Ariba.
Sojern offers a scalable model for driving bookings through
Continue reading "TCV leads Sojern’s $120 mln round"

ClickClickDrive raises $1 mln

ClickClickDrive said Nov. 13 that it raised $1 million in an angel round led by Emmanuel Thomassin, the former CFO of Delivery Hero. Other investors include: Stefan Glaenzer (Passion Capital), Jonathan Green (Luxor Capital) and Burkhard Schwenker (former CEO Roland Berger). ClickClickDrive, of Berlin, offers an online platform for all-in-one driving school management software. PRESS RELEASE 13.11.2018, Berlin: ClickClickDrive, the leading online platform offering an all-in-one driving school management software solution with an integrated driving school search, today announces the closing of a $ 1 million angel round.   The round of financing was led by Emmanuel Thomassin, the former CFO of Delivery Hero, who has already successfully managed a company from early stage to its IPO. Other well-known investors have made private investments: Stefan Glaenzer (Passion Capital), Jonathan Green (Luxor Capital) and Burkhard Schwenker (former CEO Roland Berger). Together, they will provide financing to
Continue reading "ClickClickDrive raises $1 mln"

For Days inks $2.8 mln seed funding

For Days, a fully closed-loop clothing line, has raised $2.8 million in seed funding. Rosecliff Ventures led the round with participation from Collaborative Fund, Congruent Ventures, Third Prime Capital, Closed Loop Ventures, Bleu Capital, Gramercy Fund and Ride Ventures. PRESS RELEASE November 13, 2018—For Days, the first fully closed-loop clothing line launched in May 2018, announces a $2.8M seed round led by Rosecliff Ventures and joined by Collaborative Fund, with participation from Congruent Ventures, Third Prime Capital, Closed Loop Ventures, Bleu Capital, Gramercy Fund, and Ride Ventures.
For Days is a circular retail model that gives access to fresh basics without costing the environment. This new operating system for manufacturing and direct-to-consumer commerce is revolutionizing people’s relationships with basics, starting with tees and tanks and eventually expanding to much more. “Rosecliff supports dynamic founders building innovative businesses and immediately saw an opportunity for For Days to disrupt
Continue reading "For Days inks $2.8 mln seed funding"

Israeli tech startup Guardian Optical Technologies gathers $2.5 mln

Tel Aviv-based Guardian Optical Technologies, a tech startup, has secured $2.5 million in funding. The investors included Union Ventures and B&E Equities. PRESS RELEASE (Tel Aviv, Israel – November 12, 2018) Guardian Optical Technologies today announced that it received an additional investment of $2.5 million from investors Union Ventures, B&E Equities, and other private investors. The investment is part of a pre-B round that totals $5.6M that will be used to expand the Research & Development team to serve the companies’ expanding customer base as well as supporting customers’ projects. Guardian Optical Technologies is dedicated to creating “passenger aware” cars that will be increasingly more important as autonomous vehicles enter the market, making them safer and more convenient. The Guardian Optical Technologies’s sensor provides 2D, 3D, and motion analysis in the vehicle to protect drivers and passengers by constantly scanning and tracking the entire interior of
Continue reading "Israeli tech startup Guardian Optical Technologies gathers $2.5 mln"

Design platform provider Framer attracts $24 mln Series B

Amsterdam-based Framer, a provider of an interactive design platform, has secured $24 million in Series B funding. Atomico led the round. PRESS RELEASE November 12, 2018 – Amsterdam – Framer, the Amsterdam-based startup behind the world’s leading interactive design platform Framer X, today announced a $24M Series B investment, led by Atomico. This latest investment will be used to continue building out the only platform that designers and product teams will ever need to build digital products from start to finish. Framer X is a fully-integrated design, prototyping and developer handoff tool powered by React, making it the only tool of its kind to truly blend design and development workflows. Unlike competitors, Framer X allows designers and developers to create, import, publish and use brand assets and interactive components created by their own teams or the larger design community. From video players, live maps and data generators to UI
Continue reading "Design platform provider Framer attracts $24 mln Series B"

Emotion AI startup Looxid Labs grabs $4 mln Series A

Seoul, South Korea-based Looxid Labs, an emotion AL startup, has secured $4 million in Series A funding. Hastings Asset Management, Daesung Private Equity, Sejong Venture Partners and Samsung Venture investment were the lead investors. PRESS RELEASE Seoul, South Korea – November 12, 2018 – Seoul based Emotion AI startup Looxid Labs (http://looxidlabs.com/), that develops biometric information-based emotion AI, has raised $ 4 million (USD) Series A funding round led by Hastings Asset Management, Daesung Private Equity, Sejong Venture Partners, and Samsung Venture investment. This investment will accelerate the launch of VR user analytics solutions using emotion AI currently developed by Looxid Labs. Looxid Labs tailors its emotion AI solution that can analyze the user’s cognitive/emotional state in real time using the user’s physiological signals in VR, AR and MR environments. Looxid Labs has received much attention on the global stage since debuted as a startup battlefield participant at
Continue reading "Emotion AI startup Looxid Labs grabs $4 mln Series A"

Harpoon Therapeutics snags $70 mln Series C

South San Francisco-based Harpoon Therapeutics Inc, a clinical-stage immunotherapy company, has raised $70 million in Series C financing. OrbiMed led the round with participation from other investors that included Cormorant, Ridgeback Capital Investments, Lilly Asia Ventures, NS Investment, MPM Capital, Oncology Impact Fund, Arix Bioscience, New Leaf Venture Partners and Taiho Ventures LLC. Source: Press Release

C5 leads $18 mln round for 4iQ

Los Altos, California and Madrid-based 4iQ, a cybersecurity firm, is raising $18 million in funding. C5 Capital Limited is leading the round. In addition to the funding, C5 will join 4iQ’s board of directors. Source: Press Release

Idelic lands $2 mln in Bain Capital Ventures-led round

Pittsburgh-based Idelic, a data and analytics platform for improving safety in the transportation industry, has raised $2 million in financing. Bain Capital Ventures led the round with participation from TDF Ventures, SaaS Venture Capital, Birchmere Ventures and M25 Group in the financing. In conjunction with the financing, Kevin Zhang of Bain Capital Ventures and Idelic co-founder Nick Bartel joined Idelic’s board of directors. Source: Press Release

Analytical Flavor Systems rakes in $4 mln

New York City-based Analytical Flavor Systems, a provider of artificial intelligence for new product development to the food and beverage system, has raised $4 million in funding. The investors included Leawood Venture Capital, Global Brain and Hyperplane Venture Capital. PRESS RELEASE NEW YORK, October 26. 2018 – Analytical Flavor Systems (AFS), the company behind Gastrograph AI, the industry’s first artificial intelligence platform designed specifically for developing new food and beverage products, announced today it has secured $4 million in Series A funding. Leawood Venture Capital and Global Brain led the round, with participation from investors including Hyperplane Venture Capital, Bits X Bites, Cornes Technology, and others. Karl Gemperli, Naoki Kamimaeda, Vivjan Myrto, and Eamonn Cary will join the company’s board. “The Gastrograph AI platform can help CPG companies big and small create better, more targeted and healthy products for consumers. Too many consumer demographics are underserved by the food
Continue reading "Analytical Flavor Systems rakes in $4 mln"

Alibaba’s on-demand online services unit valued at $30 billion, say sources: Reuters

Alibaba Group’s newly formed on-demand online services unit has rocketed in value to as much as $30 billion after raising $4 billion in fresh funds, people with knowledge of the situation told Reuters. Alibaba (BABA.N) combined the operation of food delivery service Ele.me and online restaurant guide business Koubei under a single management team and holding vehicle in October. It announced a fundraising plan for the vehicle in August. In a deal in April where Alibaba bought the shares it did not already own, Ele.me was valued at $9.5 billion. Koubei was worth $8 billion at the end of last year, according to a list of unicorns published in March by a unit under China’s science and technology ministry. More than $3 billion of the new funds came from Alibaba itself and SoftBank’s (9984.T) Vision Fund, the people said. Primavera Capital Group and Alibaba
Continue reading "Alibaba’s on-demand online services unit valued at $30 billion, say sources: Reuters"

NueHealth gathers funding

Leawood, Kansas-based NueHealth, a developer of specialty surgical hospitals, ambulatory surgical centers and hyper-specialty centers, has secured an undisclosed amount of financing. The investors were Ares Management LP and BC Partners Credit. Bryant Park Capital LLC acted as financial adviser to NueHealth on the transaction. Source: Press Release