ReKTGlobal nets $10.8 mln Series A


This post is by Iris Dorbian from PE Hub Blog: Venture Capital Deals


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ReKTGlobal, the parent company of esports company Rogue, has secured $10.8 million in Series A funding. Nick Gross, founder of Gross Labs, led the round.

PRESS RELEASE

NEW YORK CITY – January 16, 2019 – ReKTGlobal, the parent company of Rogue, today announces a $10.8-million Series A funding round. The global esports venture company’s financing was led by Nick Gross, an entrepreneur, philanthropist and musician, who is founder of entertainment and media company Gross Labs and will now join the board of ReKTGlobal. Other notable investors participating in the round include Steve Aoki, Imagine Dragons band members and manager Mac Reynolds, Live Nation, Larry Rudolph, partner of Maverick Management, Ozone Entertainment founder Bret Disend, and 1916 Management founder Jonny Gordon along with other sports, media, and entertainment investors.

The round will help fund Rogue’s global expansion and entry into the new League of Legends Europe

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Home trade-in platform Knock rakes in $400 mln


This post is by Iris Dorbian from PE Hub Blog: Venture Capital Deals


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New York and San Francisco-based Knock, a home trade-in platform, has secured $400 million in funding. Foundry Group led the round with participation from return backers RRE Ventures, Corazon Capital, WTI, FJ Labs and Company Ventures. In addition to the funding, Foundry Group Partner Seth Levine joined Knock’s board of directors.

Source: Press Release

Bold Commerce closes C$22 mln Series A with Whitecap, Round13


This post is by Kirk Falconer from PE Hub Blog: Venture Capital Deals


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Bold Commerce, a Winnipeg-based developer of e-commerce software solutions, has raised C$22 million in a Series A financing. The investors were Canadian venture capital firms Whitecap Venture Partners and Round13 Capital. Whitecap Managing Partner Carey Diamond and Round13 Partner Craig Strong will join the board. Founded in 2012 by CEO Yvan Boisjoli, CTO Eric Boisjoli, CBO Stefan Maynard and Vice President, Growth Jay Myers, Bold provides a range of e-commerce apps to more than 86,000 wholesale and business-to-business merchants worldwide.

PRESS RELEASE

WINNIPEG – January 16, 2019 – Bold Commerce has raised (Cdn) $22 million in Series A financing from Whitecap Venture Partners and Round13 Capital. The funds will be used to accelerate the significant growth Bold has achieved to date with its e-commerce software products and solutions. Carey Diamond from Whitecap and Craig Strong from Round13 will join Bold’s board of directors.

Bold solutions are

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Israeli-based individual investors seed Linear B


This post is by Alastair Goldfisher from PE Hub Blog: Venture Capital Deals


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Linear B, founded last year to provide workforce analytics platform for software engineering teams, announced it has raised $1.6 million in seed funding from a group of Israeli-based individual investors. The round was led by serial entrepreneur and investor Ariel Maislos. The company, which has offices in Los Angeles and Israel, was co-founders by CEO Ori Keren and COO Dan Lines, former engineers with CloudLock, which was acquired by Cisco in 2016.

Source: Press release

Big Squid snaps up $9 mln


This post is by Iris Dorbian from PE Hub Blog: Venture Capital Deals


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Salt Lake City-based Big Squid, a predictive analytics and automated machine learning software company, has raised $9 million in funding. Lewis & Clark Ventures led the round with participation from other investors that included Silverton Partners, Signal Peak Ventures and Kickstart Seed Fund.

Source: Press Release

Scout RFP nets $33 mln Series C


This post is by Iris Dorbian from PE Hub Blog: Venture Capital Deals


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Scout RFP, the sourcing and supplier engagement platform, has raised $33 million in Series C funding. Scale Venture Partners led the round with participation from return backers Menlo Ventures, NewView Capital, Workday Ventures and Salesforce Ventures. In addition to the funding, Alex Niehenke from Scale Venture Partners will join Scout’s board of directors.

Source: Press Release