VENTURE DEALS
- Techstars, a Boulder, Colo.-based startup accelerator, raised $42 million in funding. SVB Financial Group led the round, and was joined by investors including Foundry Group.
- MindTickle, an India-based provider of sales readiness technology, raised $40 million in Series C funding. Norwest Venture Partners led the round.
- Sierra Energy, a Davis, Calif.-based waste gasification company, raised $33 million in funding. Breakthrough Energy Ventures led the round, and was joined by investors including Cox Enterprises.
- Trinity Cyber, a Bowie, Md.-based provider of cyber security threat solutions, raised $23 million in funding. Intel Capital led the round
- StashAway, a Singapore-based investment management platform, raised $12 million in Series B funding. Fidelity International led the round, and was joined by investors including Asia Capital & Advisors.
- Sense, a Cambridge, Mass.-based provider of an intelligent home energy monitor, raised $10 million in funding. Investors include MacKinnon, Bennett & Company and IDO Investments.
- Physna, a Cincinatti, Ohio-based 3D model analysis technology startup, raised $6.9 million in Series A funding. Drive Capital led the round.
- Socio, an Indianapolis-based event management platform for organizations, raised $6 million in Series A funding. High Alpha Capital led the round, and was joined by investors including Greenspring Associates.
- Connected2Fiber, a Hopkinton, Mass.-based provider of a SaaS-based market participation platform for the networking industry, raised $5.3 million in funding. Investors include Ascent Venture Partners, Osage Venture Partners, Nauta Capital, and NXT Ventures.
- DataGrail, a San Francisco-based privacy platform designed to help companies comply with privacy regulations, raised $5 million in funding. Cloud Apps Capital led the round.
- OptioSurgical Inc, a Denver-based analytics software company that helps hospitals and surgery centers reduce medical device costs, raised $3.3 million in funding. Next Frontier Capital led the round.
- BabySparks, a Plantation, Fla.-based technology platform that helps parents engage their babies and toddlers in their early development, raised $2 million in seed funding. Ocean Azul Partners led the round.
- Magenta Medical, an Israel-based developer of heart failure solutions, raised funding of an undisclosed amount. New Enterprise Associates led the round.
HEALTH AND LIFE SCIENCES DEALS
- PredictImmune, a developer of prognostic tools for guiding treatment options and improving patient outcomes in immune-mediated diseases, raised £10 million ($12.1 million) in Series B funding. Investors include Parkwalk, Cambridge Enterprise, BGF and Cambridge Innovation Capital.
Hindsight. Come to us before you need it.
Eikon Digest is a fully customisable platform that uses AI to mine hundreds of thousands of real time data sets and news stories to create a personalised briefing. It saves time and effort. But, most importantly, keeps you one step ahead. Learn more.
PRIVATE EQUITY DEALS
- Advent International agreed to make a strategic minority investment in CI&T, a Spain-based application development service. Financial terms weren't disclosed.
- FFL Partners made a majority investment in ALKU, an Andover, Mass.-based provider of highly specialized consulting and staffing services. Financial terms weren't disclosed.
- Potomac Equity Partners acquired Laser MD Medspa, a medical spa services company, and SculptMe, a provider of the non-invasive fat reduction treatment CoolSculpting. Financial terms weren't disclosed.
- Oaktree Capital Management L.P. agreed to acquire a 20% strategic stake in Singular, a Chile-based asset management firm and placement agent. Financial terms weren't disclosed.
- GTCR agreed to acquire the broadband assets of Eagle Communications, a Hays, Kansas-based broadband services and media company. Financial terms weren't disclosed.
OTHER DEALS
- Exact Sciences Corp will buy Genomic Health Inc (Nasdaq:GHDX) for about $2.8 billion in cash and stock, expanding the cancer diagnostic company's testing capabilities to breast and prostate cancers. Read more.
IPOs
- Beyond Meat (NASDAQ: BYND), an El Segundo, Calif.-based vegetarian burger maker, filed for a secondary offering of 3.23 million shares. Insiders including Kleiner Perkins and Obvious Ventures plan to offer 92% of the shares. Shares dipped to $188 apiece on the news. Read more.
- Datadog, a cloud monitoring firm, has reportedly hired bankers for an IPO that could value it at several billions, Reuters reported citing sources. Read more.
- Grindr, U.S.'s gay dating app, has relaunched IPO plans. China's Kunlun Tech backs the firm, and still has plans to sell the app. Read more.
EXITS
- The EQT VIII Fund and Canada Pension Plan Investment Board agreed to acquire a majority equity stake in Waystar, a Duluth, Ga.-based provider of revenue cycle technology, from Bain Capital Private Equity. The deal values Waystar at $2.7 billion.
- BlackRock Inc is in advanced talks to acquire Cofense Inc, a Leesburg, Va.-based cyber security firm, from Pamplona Capital Management, according to Reuters. Read more.
- Arsenal Capital Partners acquired Seal For Life Industries, a Franklin, Mass.-based provider of corrosion prevention, from Berry Global Group for $328 million.
FIRMS + FUNDS
- Welsh, Carson, Anderson & Stowe, a New York-based private equity firm focused on the healthcare and technology industries, raised $4.3 billion for its new fund, WCAS XIII, L.P.
- Hamilton Lane, a Bala Cynwyd, Penn.-based investment firm, raised $760 million for its fifth opportunities fund, Hamilton Lane Strategic Opportunities Fund V.
PEOPLE
- JMI Equity promoted Maggie Schmitt to principal and Tyler Duke to vice president. JMI also hired Meredith Keller as a director.
- Jennifer Schretter joined PROOF as a partner.
No comments:
Post a Comment