Ping Identity, a security solutions provider, has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. The company plans on trading the stock on the NASDAQ under the ticker symbol “PING.” Goldman Sachs, BofA Merrill Lynch, RBC Capital Markets and Citigroup will serve as lead underwriters. Ping Identity is backed by Vista Equity Partners.
Austin, Texas-based Molecula, an enterprise software company, has secured $6 million in seed funding. The investors included Seraph Group, Lontra Ventures, Velar Capital, Capital Factory, Andrew Busey and Jason Dorsey.
Bellevue, Washington-based Zenoti Software, a cloud-based platform for the spa, salon and med spa industry, has secured $20 million in funding. The backer was Steadview Capital.
Somerville, Massachusetts-based Finch Therapeutics Group Inc, a microbiome therapeutics company, has raised $53 million in Series C financing. The investors included OCV Partners, Susquehanna International Group, Symbiosis LLC, the Trans-Pacific Technology Fund, Avenir Growth Capital, Morgan Noble, Shumway Capital and Willett Advisors.
Palatine Private Equity is seeking to raise $363 million for its fourth fund, according to an SEC filing. The firm invests in UK-based businesses.
Janus International Group, a maker of turnkey solutions and technologies for the self-storage, commercial and industrial markets, has named Ramey Jackson as CEO. His appointment becomes effective September 2, 2019. Janus is backed by Clearlake Capital Group LP.
New York City-based SecurityScorecard, a provider of security ratings, has appointed Michael Sweeney as vice president of worldwide alliances and channels. In his new role, Sweeney will lead the company’s global security ratings channel program. Prior to joining the company, he worked at Palo Alto Networks. SecurityScorecard’s backers included Riverwood Ventures, Sequoia Capital, GV, NGP Capital, Evolution Equity Partners, Boldstart Ventures and AXA Venture Partners.
Somerville, Massachusetts-based Form Energy, an energy storage company, has secured $40 million in Series B financing. Eni Next LLC, Eni Group‘s corporate venture capital vehicle, led the round.
Serent Capital has made an investment in West Dundee, Illinois-based Davisware, a provider of ERP software for field services businesses. No financial terms were disclosed. GCA Advisors LLC served as financial adviser to Davisware in the transaction.
NexPhase has sold InsideRe to Lovell Minnick Partners. No financial terms were disclosed. GCA Advisors served as financial adviser to NexPhase on the transaction. Based in Draper, Utah, InsideRE is a provider of cloud-based real estate software.
First Read closes out the week with news that Overstock CEO resigns following a controversial press release, KKR is reportedly exploring a $5 bln sale of Epicore Software and hundreds of Uber and Lyft drivers to launch protest caravan across California.
Petaluma, California-based Tibit Communications Inc, a developer of next-generation access devices for passive optical networking, has raised $25 million in Series B funding. Intel Capital led the round with participation from Swisscom Ventures and AJU IB Investment.
Israeli healthcare data IT startup MDClone has raised $26 million in Series B funding. The lead backer was aMoon.
Windfall Data Inc, which determines the net worth of global households, has raised $9 million in funding. Bullpen Capital led the round with participation from Bonfire Ventures, Industry Ventures, TenOneTen Ventures and ValueStream Ventures.
EW Healthcare Partners has raised $745 million for its second growth equity fund, beating its $650 million target. Fund2a targets healthcare companies in the pharmaceutical, medical device, diagnostics and technology-enabled services sectors in the U.S. and in Europe.
Asymmetry Capital Management LP has added Dr. Alex Virgilio to its investment team as an analyst and partner covering global biotech and therapeutics. Previously, he was a partner at Partner Fund Management LP.