Skymind raises $11.5 mln


This post is by Luisa Beltran from PE Hub Blog: Venture Capital Deals


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Skymind said March 22 that it raised $11.5 million in Series A finding led by TransLink Capital. Participating in the round were ServiceNow, Sumitomo’s Presidio Ventures, UpHonest Capital, and DCode with GovTech Fund. Early investors Y Combinator, Tencent, Mandra Capital, Hemi Ventures, and GMO Ventures, also joined the round. Skymind is an open-core data science company.

PRESS RELEASE

SAN FRANCISCO–(BUSINESS WIRE)–Skymind, the leading open-core data science company, has secured $11.5 million dollars in Series A financing. TransLink Capital, a Silicon Valley venture capital firm that helps entrepreneurs develop customer connections and partnerships in Asia, led the round with participation from ServiceNow, Sumitomo’s Presidio Ventures, UpHonest Capital, and DCode with GovTech Fund. Early investors Y Combinator, Tencent, Mandra Capital, Hemi Ventures, and GMO Ventures, also joined the round. To date, Skymind has raised $17.9 million in funding.
Skymind’s technology enables

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Evox Therapeutics secures 1.5 mln pounds


This post is by Luisa Beltran from PE Hub Blog: Venture Capital Deals


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Evox Therapeutics Ltd said March 22 that it secured 1.5 million pounds ($1.98 million) in funding from Innovate UK through the Biomedical Catalyst Early Stage Award. Evox, of the U.K., is an exosome therapeutics company.

PRESS RELEASE

OXFORD, England, March 22, 2019 /PRNewswire/ — Evox Therapeutics Ltd (‘Evox’ or the ‘Company’), a leading exosome therapeutics company, today announces that it has secured £1.5 million in funding from Innovate UK, the UK’s Innovation Agency, through the Biomedical Catalyst Early Stage Award. The funds will be used to support the Company’s pre-clinical development of an exosome-based therapy to treat argininosuccinic aciduria (ASA), a rare life-threatening metabolic disease, in collaboration with University College London (UCL).
ASA is a rare genetic disorder characterised by deficiency or lack of the enzyme argininosuccinate lyase (ASL). ASL is central to two metabolic pathways: i) the liver-based urea cycle, which detoxifies ammonia, and

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Cleo raises $27.5 mln from NEA, angel investors


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


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San Francisco-based Cleo, which helps provide a family support system for working parents, announced it raised a $27.5 million Series B round from New Enterprise Associates and angel investors that include former Yahoo CEO Marissa Mayer, LinkedIn CEO Jeff Weiner, Levi Strauss CEO Chip Bergh, Box CEO Aaron Levie and former GE CEO Jeff Immelt. The company, founded in 2016, has an all-women board that consists of the CEO Shannon Spanhake, Greylock Partners Partner Sarah Guo (who led the Series A) and NEA Partner Vanessa Larco (who led the Series B).

Source: NEA blog post

Morningside Technology Ventures leads $11 mln Series A funding in Jitjatjo


This post is by Chris Witkowsky from PE Hub Blog: Venture Capital Deals


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Morningside Technology Ventures led an $11 million Series A funding round in Jitjatjo, which matches hospitality operators with vetted industry professionals using artificial intelligence. Mick Sawka of Morningside Technology Advisory, will join Jitjatjo’s board of directors.

Press Release

Jitjatjo, the mobile staffing marketplace that leverages artificial intelligence to instantly and accurately match hospitality operators with vetted industry professionals, today announced that the company has raised $11 million in Series A funding led by Morningside Technology Ventures. Mick Sawka, of Morningside Technology Advisory LLC, will join Jitjatjo’s Board of Directors.

Since launching in 2016 with an initial focus on New York City’s hospitality sector, Jitjatjo has been growing at a rapid rate. Revenue has increased in excess of 250% year-over-year in the company’s initial launch market, where Jitjatjo has helped fulfill tens of thousands of shift assignments to a talent pool of several thousand. Similar growth profiles are projected

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HoneyBook raises $28 mln led by Citi Ventures


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


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San Francisco-based HoneyBook, provider of a financial and business management platform for freelancers, announced it has raised $28 million in a Series C round of funding. Citi Ventures led the round with participation from all existing investors, including Norwest Venture Partners and Aleph. The company, founded in 2013, previously raised a $22 million Series B round.

Source: Company announcement

Kaarta raises $6.5 mln


This post is by Luisa Beltran from PE Hub Blog: Venture Capital Deals


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Kaarta said May 21 that it raised $6.5 million led by GreenSoil Building Innovation Fund. Riverfront Ventures, Zamagias Properties, Quaker Capital Investments, and Startbot participated in the round. Kaarta, of Pittsburgh, provides 3D reality capture for robotics professionals to map and model indoor and outdoor spaces.

PRESS RELEASE

PITTSBURGH–(BUSINESS WIRE)–Kaarta, Inc., the innovator of real-time mobile 3D reality capture, announced today that it has raised US$6.5 million to accelerate the growth of its mobile mapping and localization technology. Kaarta’s innovative technology enables built environment, geospatial, and autonomous robotics professionals to map and model indoor and outdoor spaces up to 10x faster and less expensive than traditional mapping methods.

Real estate technology venture capital fund GreenSoil Building Innovation Fund (GBIF) led the round with participation from Riverfront Ventures, Zamagias Properties, Quaker Capital Investments, and Startbot. As part of the financing, Susan McArthur, Partner, GBIF joins

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Amify raises $5.8 mln


This post is by Luisa Beltran from PE Hub Blog: Venture Capital Deals


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Amify said March 22 that it raised $5.8 million in Series A funding led by Mercury Fund. Other investors included Dundee Venture Capital, CincyTech, SaaS Venture Capital and Capital One Co-Founder Nigel Morris. Amify, of Alexandria, Virginia, provides solutions that aims to help brands maximize their potential on the Amazon marketplace.

PRESS RELEASE

WASHINGTON & CINCINNATI–(BUSINESS WIRE)–Amify, a turnkey solution for brands seeking to maximize their selling potential on Amazon, has announced $5.8 million in Series A funding led by Mercury Fund. Additional investors in the round include Dundee Venture Capital, CincyTech, SaaS Venture Capital and Capital One Co-Founder Nigel Morris.

 

The infusion of capital will be utilized to increase recruiting efforts to broaden the senior-level management team, expand marketing and branding initiatives and to further develop its proprietary next-gen data insights platform for brands to derive insights on the Amazon

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Energy Impact Partners invests in Attivo Networks


This post is by Luisa Beltran from PE Hub Blog: Venture Capital Deals


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Energy Impact Partners has invested in Attivo Networks. Financial terms weren’t announced. Energy Impact Partners is joining Bain Capital, ForgePoint Capital, and Singtel Innov8 in Attivo’s Series C funding round. Attivo, of Freemont, California, provides detection, forensics, and automated incident response to in-network attacks.

PRESS RELEASE

FREMONT, Calif.–(BUSINESS WIRE)–Attivo Networks®, the award-winning leader in deception for cybersecurity threat detection, today announced that Energy Impact Partners (EIP), a leading utility-backed energy investment and innovation firm, has become a strategic investor in the company. The funding enables Attivo Networks to expand its portfolio of energy sector-specific deception technology and increase its go-to-market activities to broaden its customer base of utility companies around the world.
“Operational technology environments present their own unique set of challenges associated with securing devices, which often cannot run anti-virus software, be patched, or are simply not designed to be interconnected,” said Tushar Kothari, Attivo Networks

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Imago BioSciences raised $40 mln


This post is by Luisa Beltran from PE Hub Blog: Venture Capital Deals


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Imago BioSciences Inc said March 21 that it raised $40 million in Series B financing led by Omega Funds. Participating in the round were Frazier Healthcare Partners, Amgen Ventures, and MRL Ventures Fund as well as HighLight Capital, Pharmaron and Greenspring Associates. Imago BioSciences is a clinical-stage biotechnology company developing treatments for myeloid diseases.

PRESS RELEASE

SAN FRANCISCO–(BUSINESS WIRE)–Imago BioSciences, Inc., a clinical-stage biotechnology company developing innovative treatments for myeloid diseases, today announced a $40 million Series B financing led by Omega Funds, a leading international investment firm that creates and invests in life sciences companies. Other investors participating in the round include existing investors Frazier Healthcare Partners, Amgen Ventures, and MRL Ventures Fund as well as HighLight Capital, Pharmaron and Greenspring Associates. Dr. Dina Chaya from Omega Funds will join the board of directors and Dennis Henner will remain Chairman of the Board, representing his

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AI-powered recruiter Fetcher raises $5.4 mln led by Slow Ventures, Accomplice


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


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New York-base Fetcher, provider of a recruiting platform that uses AI and human expertise to find top talent, announced it has raised $5.4 million in an oversubscribed seed round led by Accomplice and Slow Ventures, with full participation by existing investors Picus and Revel Partners. The round also included individual investors Paul English (founder of Kayak), Amol Sarva (founder of Knotel) and James Joaquin (co-founder of Obvious Ventures).

Source: Company announcement

Splice raises $57.5 mln


This post is by Luisa Beltran from PE Hub Blog: Venture Capital Deals


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Splice said March 20 that it raised $57.5 million in a Series C round led by existing investors Union Square Ventures and True Ventures. Also participating were DFJ Growth, Flybridge, and Lerer Hippeau, Liontree, Founders Circle Capital, and Matt Pincus, founder of Songz Publishing. Splice is a music startup that aims to help musicians create and earn revenue.

PRESS RELEASE

NEW YORK, March 20, 2019 /PRNewswire/ — Splice, the company evolving the way musicians make music, today announced that it has raised $57.5 million in a Series C funding round to continue helping musicians create and earn revenue. Leading the round are existing investors Union Square Ventures and True Ventures who are joined by DFJ Growth, Flybridge, and Lerer Hippeau. Liontree, Founders Circle Capital, & Matt Pincus, founder of Songz Publishing, are also joining the round.
In addition to the next chapter of funding, Splice

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Guesty raises $35 mln


This post is by Luisa Beltran from PE Hub Blog: Venture Capital Deals


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Guesty said March 21 that it raised $35 million in Series C financing led by Viola Growth. Participating in the round were Vertex Ventures, Journey Ventures, Kingfisher Investment Advisors, La Maison Compagnie d’Investissement and existing investors, TLV Partners and Magma Ventures. Guesty is a property management platform for property managers and management companies.

PRESS RELEASE

LOS ANGELES, March 21, 2019 /PRNewswire/ — Guesty, the property management platform that simplifies the complex operational needs accompanying short-term rental management, today announced it has raised $35M in Series C funding, led by Viola Growth with participation from Vertex Ventures, Journey Ventures, Kingfisher Investment Advisors, La Maison Compagnie d’Investissement and existing investors, TLV Partners and Magma Ventures.
The round more than doubles the company’s existing funding, bringing the total to $60M, reinforcing its grip on the short-term rental market where property managers are increasingly seeking comprehensive technology solutions to aid them

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Sherlock Biosciences launches with $35 mln capital


This post is by Luisa Beltran from PE Hub Blog: Venture Capital Deals


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Sherlock Biosciences said March 21 that it has launched with $35 million in committed capital. This includes a $17.5 million non-dilutive grant and an investment from the Open Philanthropy Project. Sherlock, of Cambridge, Massachusetts, is an engineering biology company that seeks to make testing better, faster and more affordable.

PRESS RELEASE

Sherlock Biosciences Launches to Provide Better, Faster and More Affordable Diagnostic Testing Worldwide Through Engineering Biology

CRISPR and Synthetic Biology Platforms SHERLOCKTM and INSPECTRTM Hold Potential to Disrupt Diagnostics
• Founders include scientific pioneers and diagnostics veterans Omar Abudayyeh, James J. Collins, Rahul K. Dhanda, Todd Golub, Jonathan Gootenberg, Deborah Hung, Pardis Sabeti, David Walt and Feng Zhang
• Committed capital of $35 million includes a $17.5 million non-dilutive grant and an investment from the Open Philanthropy Project
• Leading intellectual property portfolio assembled from foundational technologies developed at the Broad Institute and Harvard University’s Wyss Institute

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Ease raises $19 mln


This post is by Luisa Beltran from PE Hub Blog: Venture Capital Deals


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Ease said March 19 that it raised $19 million in a Series B round led by Centana Growth Partners. Propel Venture Partners, Compound Ventures, Freestyle Capital and Upside Partnership participated in the round. Ease, of San Francisco, provides HR and benefits software for SMBs, insurance brokers and insurance carries. Ease first two hires are Petar Nedyalkov as chief operating officer and Toshi Kureha as vice president Engineering.

PRESS RELEASE

EaseCentral Announces $19 Million in Series B Funding, Rebrands to “Ease” with Enhanced Capabilities

Funding to support Ease’s goal to simplify and enhance HR and benefits administration –
Rebrand reflects the release of new SMB carrier connectivity

San Francisco, CA, March 19th, 2019 – Ease, a leading HR and benefits software solution for SMBs, insurance brokers, and insurance carriers, today announced the close of its $19 million Series B funding round led by Centana Growth Partners with continued participation

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Skedulo raises $28 mln from M12, Blackbird, Costanoa Ventures.


This post is by Mark Boslet from PE Hub Blog: Venture Capital Deals


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Skedulo said it raised $28 million of Series B capital in a round led by M12 and joined by existing investors Blackbird and Costanoa Ventures. As part of the deal, M12 Principal Priya Saiprasad will join the board.

The company has now raised a total of $40.5 million. Skedulo, which is developing mobile workforce management technology. plans to use the money to increase company headcount by 118 percent.

 

AppDetex raises $10 mln


This post is by Luisa Beltran from PE Hub Blog: Venture Capital Deals


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AppDetex said March 20 it raised $10 million in Series B equity financing led by First Analysis. Existing investors including EPIC Ventures and Origin Ventures participating in the round. AppDetex, of Boise, Idaho, provides digital risk protection.

PRESS RELEASE

March 20, 2019 08:00 AM Eastern Daylight Time
BOISE, Idaho–(BUSINESS WIRE)–AppDetex, the global digital risk protection leader in combating misuse of intellectual property, brand infringement, fraud, and piracy, today announced it has raised $10 million in Series B equity financing to expand national sales and marketing efforts and invest in product development. The round is led by First Analysis, a leading venture capital firm investing in established rapid-growth companies, with existing investors including EPIC Ventures and Origin Ventures also participating in the round. The Series B funding rounds out $17.5M in total funding to date.
“Digital brand infringement is at an all-time high, and current market solutions are insufficient in

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Abstract raises $20 mln


This post is by Luisa Beltran from PE Hub Blog: Venture Capital Deals


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Abstract said March 20 that it raised $30 million in Series C funding led by Lightspeed Venture Partners. Existing investors Scale Venture Partners, Amplify Partners, and Cowboy Ventures participated in the round. Abstract provides a design workflow platform that supports modern product design teams.

PRESS RELEASE

SAN FRANCISCO, March 20, 2019 /PRNewswire/ — Abstract, the git-enabled design workflow platform that already supports thousands of modern product design teams, has raised $30M in Series C funding. Lightspeed Venture Partners led the round with participation from existing investors Scale Venture Partners, Amplify Partners, and Cowboy Ventures, bringing the total funding to-date to $54.2M. As part of this financing, Lightspeed partner Nakul Mandan will be joining the company board.
With Abstract, design teams have end-to-end connectivity: everything from storing, managing, and versioning design files, to design system distribution, streamlining reviews, presenting work, gathering feedback, and handing design files off to

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Doctolib raises 150 mln euros


This post is by Luisa Beltran from PE Hub Blog: Venture Capital Deals


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Doctolib said March 20 that it raised a 150 million euros ($170.3 million) funding led by General Atlantic. Existing investors including Accel, Eurazeo, Kernel and Bpifrance, and several German healthcare entrepreneurs, participated in the round. Doctolib, of Paris, offers an online platform that lets patients choose doctors and make appointments, PitchBook said.

PRESS RELEASE
Doctolib raises €150 million to accelerate the digital transformation of healthcare
* Doctolib has raised €150 million from long-term investors. The company currently is valued at over €1 billion.
* The funding is led by the global growth equity firm General Atlantic, its existing investors (Eurazeo, Bpifrance, Kernel and Accel) and several German healthcare entrepreneurs.
* Doctolib intends to use this capital to invest in:
* Growth acceleration in France and Germany;
* Promoting adoption of its telehealth solution;
* Product development;
* International expansion.
* Doctolib has a long-term mission to:

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Blameless raises $20 mln


This post is by Luisa Beltran from PE Hub Blog: Venture Capital Deals


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Blameless said March 20 that it raised $20 million in funding from Lightspeed Venture Partners and Accel, as well as strategic investors. Blameless is a site reliability engineering company.

PRESS RELEASE

SAN MATEO, Calif. – March 20, 2019 – Blameless, the SRE (Site Reliability Engineering) company, today announced that it has raised $20 million in seed and Series A funding from top VC firms Lightspeed Venture Partners and Accel, and strategic investors. The company will use the funding to deliver on the vision of moving technical blame from the individual to the “system,” thereby creating a more productive, effective and “blameless” work environment. Blameless will expand its product suite, grow its engineering and marketing teams, and build out the SRE community, customer and partner base.
“This radical change of moving blame from an individual to a ‘system’ means that engineering teams can correctly address technical debt, meaning innovation is fueled

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