US-based property rental service provider LeaseLock closed a $10m series A round on Monday featuring insurance firms Liberty Mutual and American Family. Venture capital firm Wildcat Venture Partners led the round, which included Hivers and Strivers, which provided $1m, and Moderne Ventures. The corporates invested through subsidiaries American Family Ventures and Liberty Mutual Strategic Ventures.… Continue reading LeaseLock picks open $10m series A
Month: May 2018
Hustle shakes out $30m
GV and existing investor Salesforce Ventures were among the participants in a series B round that lifted the text messaging platform’s total funding to $42m.
Davis leaves Samsung for space in Canapi
Timur Davis, a senior investment manager at Samsung Ventures since 2015, has been appointed principal at Live Oak Bancshares’ strategic investment arm.
Datavant advances with new funding
Roivant Sciences has co-led a $40.5m round for Datavant, an offshoot it launched in August following a $1.1bn round led by SoftBank Vision Fund.
Microsoft Ventures completes journey to M12
The unit, restructured as a full corporate venturing unit in 2016, has rebranded to M12 while its accelerator counterpart will be known as Microsoft ScaleUp.
Faerber joins the ex-GV mob at Section 32
GV’s chief financial officer since it was formed, Jonathan Faerber has departed to take the same role at the Bill Maris-founded Section 32.
Radius follows Leadspace into new company
Radius, which is backed by Salesforce, Comcast, BBVA and Amex, has merged with fellow B2B marketing software provider Leadspace.
Kizilbash kisses Schlumberger goodbye
Imran Kizilbash, formerly vice-president at Schlumberger Technology Investments, is considering his next move.
Alzheon and Mereo cancel Nasdaq IPOs
The corporate-backed pharmaceutical developers had aimed to raise a total of $155m from offerings they filed for in March.
Adams filters search down to Mann+Hummel
Air and water filter producer Mann+Hummel has hired Mike Adams from 8 Rivers Capital as director of corporate ventures.
Masterclass makes tracks to $70m series D
The Bloomberg and Novel Group-backed online education provider is reportedly close to closing a round that will take its total funding to $126m.
Corporates swarm to The Hive
General Electric, Rockwell, Verizon and Software AG all backed The Hive’s third AI-focused fund, which has closed at $26.5m.
Rubique squares funding with Recruit
Recruit has co-led a $15m to $20m round for financial services marketplace Rubique with Emery Capital.
Scholar Rock tones up for $75m IPO
The Kraft Group-backed spinal muscular atrophy drug developer has raised more than $100m in funding since 2012.