StratusLIVE said Thursday it received $2.3 million in growth capital from private investors. StratusLive did not name the investors. Virginia Beach, Va.-based StratusLIVE provides cloud-based fundraising and CRM solutions to nonprofit organizations.
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InternMatch said Tuesday it raised a $4 million Series A round of funding led by Artis Ventures and Subtraction Capital. The round also includes new investments from previous investors 500 Startups, Kapor Capital, Rudy Gadre and others. InternMatch is a platform for helping companies find and hire talented students.
Toronto-based specialty finance firm Wellington Financial LP recently closed US$12 million in venture debt financing for an on-demand software company located in California. Also, Wellington recently closed US$3.5 million in venture debt financing for an East Coast-based SaaS provider of global payroll management solutions. The two companies, which were not identified by Wellington, are backed by U.S.-based venture capital firms.
Mountain View, California-based Adaptive Planning Inc., a maker of cloud-based business analytics software, has secured US$45 million in funding in a deal led by U.S. venture capital firm Bessemer Venture Partners. Bessemer was joined by the company’s existing investors, which include Canadian firm RBC Venture Partners, a backer of Adaptive Planning since 2008.
Rogers Ventures, the venture capital arm of Rogers Communications Inc., joined Panorama Capital in a US$15 million Series E financing of New York-based Zoove Corp., which operates StarStar and StarStarMe, a mobile phone number service. The company also received investment from Worldview Technology Partners and Highland Capital Partners. The new funds will support Zoove’s continued growth, with emphasis on product expansion, business development and marketing.
Canadian venture capital firm Vanedge Capital has made a US$3 million Series A investment in OpenGeo Inc., a New York-based provider of commercial open source geospatial software. At the same time, the company spun out from its incubator parent OpenPlans, and is now focused on growing its product and consumer-support initiatives. Vancouver-based Vanedge invests in interactive entertainment and digital media businesses.
Disruptor Capital said Tuesday it has invested in Bills Khakis. Financial terms weren’t announced. Reading, Pa.-based Bills Khakis designs and markets branded men’s sportswear, including pants, shorts, jeans, shirts, sweaters, knits, belts and outerwear.
Montréal-based MethylGene Inc., a publicly-traded, venture-backed biopharmaceuticals company, has proposed reincorporating in the state of Delaware under a new parent organization called Mirati Therapeutics Inc. As part of the arrangement, Mirati will apply to list shares on NASDAQ. The plan, to be approved by shareholders in June, seeks to increase Methylgene’s financing options and profile in the United States, among other factors. The company’s investors include several Canadian and U.S. venture capital firms, including Baker Brothers, BDC Venture Capital, Fonds de solidarité des travailleurs du Québec (FTQ), GeneChem, OriMed Advisors, ProQuest Investments, Tang Capital and Tavistock Life Sciences.
PerspecSys Inc., which provides cloud data protection solutions for enterprises, has raised US$12 million in a Series B financing round co-led by Paladin Capital Group and Ascent Venture Partners, and joined by existing investor Intel Capital and other institutional investors. The company has raised more than US$20 million. PerspecSys, which has offices in Canada, the United Kingdom and the United States, first received start-up financing in 2007 from Canadian venture capital firm GrowthWorks.
New York-based Poppin Inc., an online retailer offering innovative office products, has raised US$11.1 million in a Series B financing round led by Canadian early stage venture capital firm TrilogyGrowth. Existing investors, including Shasta Ventures, First Round Capital and company founder J. Christopher Burch, also participated in the deal. TrilogyGrowth Managing Partner Joel Silver, who formerly served as president of Indigo Books & Music, will join Poppin’s board of directors.