Bain Capital Ventures leads $20 mln round for Kenshoo

Digital marketing software provider Kenshoo said Wednesday that it has raised $20 million in financing. Bain Capital Ventures led the round with participation from return backers Sequoia Capital, Arts Alliance and Tenaya Capital. Also, Deepak Sindwani, a partner at Bain Capital Ventures, has been added to Kenshoo’s board of directors.

BTI Systems names Colin Doherty president and CEO

BTI Systems, a provider of cloud and metro networking software and systems to content and service providers has appointed global telecommunications industry veteran Colin Doherty as president and chief executive officer. BTI’s backers include Bain Capital Ventures, BDC, Covington Capital, GrowthWorks and additional strategic investors.


Bain Capital Ventures leads Series A round for OpenFin

OpenFin said Wednesday that it has secured $4 million in Series A funding. Bain Capital Ventures led the round. According to the firm, the capital will be used for product development and to expand its engineering team in both New York and London. Also, the firm has recently hired Mark Josling as vice president of applications. OpenFin is a provider of runtime technology for financial desktop applications.

VC-backed Zero Turnaround hires new CFO

According to a blog post on its site, Zero Turnaround has named Roger Colvin as chief financial officer. Colvin is the co-founder of Bullhorn, a Boston human resources software company that was acquired by Vista Equity Partners in mid-2012. Zero Turnaround is a provider of software development tools. Its backers include Bain Capital Ventures and Western Technology Investment. To read the announcement, visit here.


Gainsight raises $20 mln in funding

Gainsight, which develops customer-focused software, has raised a $20 million Series B round of funding led by Bain Capital Ventures. Existing investors Battery Ventures and Summit Partners also participated in the round. The Mountain View, Calif.-based company has now raised $30 million in total funding. As part of the latest round, Ajay Agarwal, managing director at Bain Capital Ventures, has joined the board.

QA Software Developer Compass Quality Raises $2M

San Francisco-based Compass Quality Insight announced it has raised $2 million in funding from Bain Capital Ventures and XSeed Capital. The company, which develops quality assurance software, was founded in 2012. Board members include Ben Nye of Bain Capital Ventures and Robert Siegel of XSeed Capital.

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VMTurbo Raises Series C In Deal Led By Globespan

VMTurbo said it raised Series C funding in a deal led by Globespan Capital. VMTurbo’s funding now totals $25 million. The company had raised a $10 million of Series B in 2011 and at that point had $17.5 million in total funding, according to news reports at the time. This suggests the current round is $7.5 million. VMTurbo didn’t provide details. Existing investors include Bain Capital Ventures and Highland Capital Partners.

Booker Raises $27.5M From Bain, Revolution, Grotech, Others

Booker, formerly GramercyOne, said it raised $27.5 million in Series B funding in a deal led by Bain Capital Ventures and joined by existing investors Revolution Ventures, Grotech Ventures, TDF Ventures, and Vital Financial. The company will use this money to scale its product and sales staffs.

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