Hubb fetches $6.3 mln Series B

Vancouver, Washington-based Hubb, a developer of event management technology, has raised $6.3 million in Series B funding. Five Elms Capital led the round with participation from other investors that included Oregon Venture Fund and Elevate Capital. In addition to the funding, Joe Onofrio from Five Elms Capital has joined Hubb’s board of directors. Source: Press Release

FRST nabs $3.4 mln

FRST, a provider of data for professional traders of digital assets, has raised $3.4 million in funding. CMT Digital and Vestigo Ventures led the round with participation from other investors that included Akuna Capital and principals from Premier Asset Management and Oak Ridge Investments. Source: Press Release

DAG Ventures leads $27.5 mln round for Numerify

Numerify, a provider of AI-powered IT business analytics, has secured $27.5 million in funding. DAG Ventures led the round with participation from other investors that included Lightspeed Venture Partners, Sequoia Capital and Tenaya Capital. In addition to the financing, DAG Managing Partner Nick Pianim has joined Numerify’s board of directors. Source: Press Release

Velicept Therapeutics picks up $15 mln

Velicept Therapeutics, a clinical stage pharmaceutical company focused on treating urological and gastrointestinal disorders, has raised $15 million in funding. Samsara BioCapital led the round. In conjunction with the funding, Cory Freedland, a principal at Samsara BioCapital, has joined Velicept’s board of directors. Source: Press Release

Thirty Madison inks $15.25 mln Series A

Thirty Madison, which is “rebuilding the healthcare experience for modern consumers,” has secured $15.25 million in Series A funding. Maveron and Northzone led the round with participation from other investors that included Greycroft, Steadfast Venture Capital, First Round, ERA, HillCour and Two River. Source: Press Release

Healthcare startup Hero lands $12 mln Series A

Hero, a healthcare startup, has raised $12 million in Series A funding. Brainchild Holdings led the round with participation from other investors that included Naval Ravikant, Box Group, Third Kind Venture Capital and Refactor Capital. PRESS RELEASE NEW YORK, NY – Oct. 16, 2018 – Hero, a company solving the complex issue of medication management and adherence while empowering caregivers, is announcing its public US launch today with its eponymous product: Hero. The simple yet comprehensive automated in-home medication management system is beautiful, easy to use and equipped with never before seen features, flexibility and transparency, providing caregivers with the unprecedented ability to monitor and gain insight into the medication regimen and adherence of their loved ones. Objective, real-time reporting from Hero assures caregivers that loved ones have the right medications and that they are taking these medications at the right time. Doing so allows caregivers and their loved
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Thread snags $22 mln Series B

London-based Thread, a personalized menswear styling and ecommerce service, has raised $22 million in Series B funding. The investors included from Balderton Capital, Beringea, Forward Partners and H&M group’s investment arm H&M CO:LAB. PRESS RELEASE London, October 16th 2018: Thread, the pioneering personalised menswear styling and ecommerce service, today announced $22 million in additional funding and added 50 new brand partners to its range. The Series B funding round came from Balderton Capital, Beringea, Forward Partners, and H&M group’s investment arm H&M CO:LAB, with participation from noted retail investor Maurice Helfgott, and former Lane Crawford deputy president Sebastian Picardo. This round brings total investment in Thread to over $40 million. Using a unique combination of AI and human stylists, Thread helps men to dress well and find the perfect clothes for them. Thread is taking market share from physical stores, as well as first generation online retailers, who overwhelm
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Kogniz raises $4 mln seed round

Kogniz said Oct. 16 that it raised $4 million in a seed round led by The Entrepreneurs’ Fund. Also participating were Tom Chavez, Auren Hoffman, and other investors focused on machine learning and artificial intelligence. Kogniz, of San Francisco, is developing a suite of products that use computer vision and AI to enhance security, safety and efficiency in any physical environment. PRESS RELEASE SAN FRANCISCO, Calif. – October 16, 2018 – Kogniz, a California-based technology company, today announced a $4M seed financing round led by The Entrepreneurs’ Fund, Tom Chavez (Krux acquired by Salesforce.com), Auren Hoffman (Liveramp acquired by Acxiom), and other industry investors who are uniquely focused on machine learning and artificial intelligence. After 24 months of development, the Kogniz team has launched its first suite of products that use computer vision and AI to enhance security, safety and efficiency in any physical environment. Kogniz cameras
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Digital pathology startup Deep Lens rakes in $3.2 mln seed

Deep Lens Inc, a digital pathology startup, has secured $3.2 million in seed financing. Sierra Ventures led the round with participation from Rev1 Ventures and Tamarind Hill Fund. In conjunction with the financing, Mark Shary, managing member of Tamarind Hill, and Dr. Jeff Elton, CEO of Concerto Health AI, will join the Deep Lens board of directors. Source: Press Release

Berkeley Lights snags $95 mln

Berkeley Lights Inc, a digital cell biology company, has closed $95 million in funding. Nikon led the round with participation from Sequoia Capital, Walden-Riverwood Ventures, Black Diamond Ventures, Paxion Capital, Cota Capital, KTB Network, Atinum Investment, Shangbay Capital, AJS BioTree Healthcare Fund and Varian. Source: Press Release

PERQ grabs $4 mln

Indianapolis-based PERQ, a provider of online consumer engagement and shopping behavior solutions, has secured $4 million in funding. Elevate Ventures led the round. PRESS RELEASE INDIANAPOLIS (PRWEB) OCTOBER 15, 2018 PERQ, experts in online consumer engagement and shopping behavior, today announced it closed a $4 million funding round to fuel the expansion of its award-winning Artificial Intelligence-driven SAAS solution for big ticket retailers into multiple verticals. The funding comes exclusively from Indianapolis technology leaders and is led by Elevate Ventures. PERQ’s online guided shopping solution boosts website conversion by dynamically changing existing websites to deliver the next best step in each buyer’s shopping journey. It’s currently used by over 1,000 businesses in the automotive, multifamily and home furnishing verticals where it is generating significant increases in lead generation, closing ratios and gross profits. The solution is driving company growth, including an over 72% increase in new clients and a
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TRI inks funding

UK and Raleigh, North Carolina-based TRI, a provider of risk-based monitoring solutions for clinical trials, has raised an undisclosed amount of funding. The investor was Octopus Investments, a subsidiary of the Octopus Group. Source: Press Release

Yottaa nabs $11 mln

Waltham, Massachusetts-based Yottaa Inc, a SaaS platform for accelerating ecommerce, has raised $11 million in funding. DN Capital led the round. In addition to the fundraising, Yottaa has appointed Jim Morrone as new vice president of worldwide sales. Source: Press Release

Qordoba lands $11.5 mln Series B

San Francisco-based Qordoba, a UX content management platform, has raised $11.5 million in Series B funding. Aspect Ventures led the round with participation from Upfront Ventures, Rincon Ventures, Broadway Angels and Michael Stoppelman, the co-founder of Yelp. Source: Press Release

Eco-friendly wool shoes maker Allbirds snags $50 mln Series C

San Francisco-based Allbirds, a maker of eco-friendly wool shoes, has raised $50 million in Series C funding. T. Rowe Price Investment Management led the round with participation from Fidelity Management & Research Company and return backer Tiger Global. PRESS RELEASE San Francisco (Oct. 11, 2018) – Today, Allbirds, the certified B-Corp brand pioneering the use of premium sustainable materials in footwear, announced that it has closed Series C funding of $50 million led by T. Rowe Price Investment Management, along with Fidelity Management & Research Company and return backer Tiger Global, bringing total funding to more than $75 million. The capital will be used to support deep research and development of sustainable materials, as well as an ambitious expansion strategy that will bring better products to more closets around the globe. Allbirds currently operates retail locations in San Francisco and New York, and sells direct to customers through its
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Game-based learning platform Kahoot takes in $15 mln

Kahoot, a game-based learning platform, has raised $15 million in funding. Datum Invest AS led the round. PRESS RELEASE OSLO, Norway, October 10, 2018 — Kahoot!, the game-based learning platform and one of the fastest growing learning brands globally, today announced completion of a $15 million share issue funding. The funding round was led by existing investor Datum Invest AS. Kahoot!’s investment bank ABG Sundal Collier and Arctic Securities managed this funding round. To date Kahoot! has raised $60 million from investors including Microsoft Ventures, Northzone, Creandum, Datum Invest AS and Chairman Eilert Hanoa. About Kahoot!
Since its launch in 2012, Kahoot! has turned game-based learning into a pop culture phenomenon. The game platform now hosts over 70 million monthly active users and a library with more than 50 million learning games, created and shared by fans in more than 200 countries. Kahoot! is on a mission
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