Citi Ventures was among the investors in the series C round, which increased the bookkeeping software provider’s overall funding to more than $100m.
Month: August 2019
Oric obtains $55m in series D round
Taiho, Memorial Sloan Kettering Cancer Center and Hartford HealthCare contributed to a round that boosted the cancer drug developer’s total funding to more than $175m.
Chaluangco changes from C31 to MDI
Shannon Lee Chaluangco has left her position as investment manager for C31 Ventures to join MDI Ventures as an investment director.
Tastytrade coughs up $20m for Dough
Investment brokerage app developer has Dough received $20m from financial intelligence group and parent company Tastytrade ahead of a planned launch next month.
Cisco to record Voicea acquisition
Cisco is set to buy portfolio company memo-transcription software provider Voicea in a deal that would allow Alphabet, Microsoft, Salesforce and Workday to exit.
WSC Sports wins $23m
Ofer Global, NTT Docomo, Harris Blitzer Sports & Entertainment, Intel and Go4It all signed up to a round that brought sports content management platform WSC’s total funding to $39m.
Entuity arrives at Park Place
Park Place has purchased the network analytics software provider in a deal of undisclosed size that will enable Mitsubishi to exit.
Lazy Online tunes into additional funding
Time and CyberAgent-backed Lazy Books collected $14.2m in a series C round that will enable the audiobook and podcast platform to expand its content.
Exoticca executes close of latest round
The travel services platform has secured $12.3m in its most recent round, which followed a Grupo Palau, Palladium Hotels and Sabadell-backed round last year.
Analysis: IPOs of corporate-backed businesses
Last year there was a peak in number of IPOs of corporate-backed emerging business, while the first half of 2019 hosted some much-awaited flotations like those of Uber, Lyft and Slack. We look at the broader picture for corporate-backed companies going public.
Corporate venturing deal net: 5-9 August 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
FlixMobility propels series F further forward
Investors have provided a potentially nine-figure amount to the $561m first close of Daimler-backed FlixMobility’s series F round last month.
Bayer buys BlueRock for $600m
Bayer will pay up to $600 for the 59.2% stake in engineered-cell therapy developer BlueRock Therapeutics it does now own, following a $225m round in 2016.
Bounce springs towards $200m
Qualcomm Ventures-backed bicycle sharing platform Bounce has reportedly raised $120m of a $200m round expected to be mostly funded by existing investors.