Hanover and Tuckerman exit FCT

Hanover Partners and Tuckerman Capital has sold Kingore, Texas-based Freedom Communication Technologies, a maker of test sets and instrumentation products for communications end-markets, to Astronics Corporation. No financial terms were disclosed.

Owner Resource Group funds OTR

Owner Resource Group has made an investment in Rome, Georgia-based OTR International Inc, a provider of specialized off-the-road tires, wheels, mounted tire-wheel assemblies and rubber tracks. No financial terms were disclosed.

Long Ridge invests in Neighborhoods.com

Long Ridge Equity Partners has made a “significant” investment in Neighborhoods.com LLC, a provider of specialized online real estate marketplaces. No financial terms were disclosed.

Tidal Commerce scores $4 mln

Newport Beach, California-based Tidal Commerce, a payment processing and merchant services company, has secured $4 million in funding. The investor was Super G Capital.

SteamaCo nabs $5 mln Series B

UK-based SteamaCo, a technology supplier to utilities in Africa and Asia, has raised $5 million in Series B financing. Praetura Ventures and Shell led the round.

Pivot grabs $17 mln Series A

Pivot, a provider of smart at-home fitness solutions, has secured $17 million in Series A funding. DCM led the round with participation from Bling Capital, Founders Fund, Khosla Ventures, Signal Fire and Y-Combinator. In conjunction with the funding, DCM Partner Kyle Lui will be joining Pivot’s board of directors.

Lexion fetches $4.2 mln

Lexion, a provider of contract management solutions, has secured $4.2 million in funding, according to a blog post on its site. The backers were Madrona Venture Group and Wilson Sonsini Goodrich & Rosati.

Sunstone backs Forendo

Forendo Pharma, a Finnish drug developer focused on women’s health, has secured 5 million euros in funding. The investor was Sunstone Life Science Ventures. In addition to the funding, Claus Andersson, a general partner from Sunstone, joins Forendo Pharma’s board of directors.

Veühub picks up seed funding

Toronto-based Veühub, an online platform that delivers video content and programmatic monetization solutions, has raised US$2 million in seed funding. The investor was Bethmann Lombard Bancorp Inc., a mid-market private venture capital firm. The capital infusion will be used to scale internal development and Veühub’s sales team, along with completing the build of their new omni-channel ad-serving SaaS product Slyngshot.

Avantis Investors adds two VPs to team

Avantis Investors, a new venture by American Century Investments, has named Stephen Kurad and Jeff Cornell as vice president, relationship director and investment specialist. Previously, both Kurad and Cornell worked as a vice president and regional director with Dimensional Fund Advisors.

VC-backed Innowatts taps Danziger as CRO

Houston-based Innowatts, a provider of AI-enabled energy analytics solutions, has named Eric Danziger as chief revenue officer. Previously, he was the co-founder of Genability. Innowatts is backed by Energy Impact Partners, Evergy Ventures, Shell Ventures, Iberdrola, Energy and Environment Investment and Veronorte.

Secfi lands $6 mln Series A

Secfi, a financing provider for option exercise and holders of private company stock, has raised $6 million in Series A funding. Rucker Park Capital led the round.

Radiology Partners racks up $700 mln

El Segundo, California-based Radiology Partners, a radiology practice in the U.S., has raised about $700 million in funding. The backer was Starr Investment Holdings.

Next Coast Ventures leads Series B round for Submittable

Montana-based Submittable, an application review and opportunity marketplace, has secured $10 million in Series B funding. Next Coast Ventures led the round participation from return backers True Ventures, Next Frontier Capital and Flywheel Ventures.

CDI and Troxell complete merger

Toronto-based CDI Technologies, a portfolio company of H.I.G. Growth Partners, has closed its previously announced merger with Troxell Communication, which was acquired by AEA Investors in 2008. Both companies provide technology solutions to educational institutions. No financial terms were disclosed.