Second Opinion closes out the day with news that Payless is reportedly filing for bankruptcy as early as next week, Instagram nabs one million active advertisers and a terror attack in London kills four, injuring at least 20.
India-based MarketsandMarkets, a custom research provider, has secured $56 million in funding. FTV Capital led the round with participation from Zodius Capital. Avendus Capital Prvate Limited served as adviser. In conjunction with the funding, Brad Bernstein, a managing partner at FTV Capital, has been added to MarketsandMarkets’ board of directors.
The Riverside Company has promoted Joe Manning and Steven Spiteri to partner. Manning works out of the firm’s Cleveland’s office while Spiteri is based in Melbourne, Australia.
MPOWER Financing, a student loans provider, has secured an undisclosed amount of funding. The investors were VARIV Capital and Chilango Ventures.
Dallas-based Titan Rock Exploration & Production LLC, a new oil and gas exploration and production company, has secured an undisclosed investment. The investor was an unidentified private investment firm.
Osage University Partners has promoted Dr. Manny Stockman to senior associate on the tech investment team. Also, the venture firm has hired Dr. Anurag Agarwal on its life science investment team.
UK-based Elvie, a developer of smart tech products for women’s health and lifestyle, has secured $6 million in Series A funding. The investors were Octopus Ventures and AllBright.
OutSolve, which is backed by LNC Partners, has acquired Pinnacle Affirmative Action Services, an HR consulting company that provides solutions for affirmative action planning needs. No financial terms were disclosed.
Boston Seed Capital is seeking to raise $40 million for its third fund, according to an SEC filing. The firm focuses on internet-enabled businesses.
New York-based Lynkos, an all-in-one business networking platform, has secured $2.5 million in seed funding. The backers included Inforcorp’s IC Ventures and Logitech Investments.
Pocketwatch, a media brand for children, has secured $6 million in Series A funding. Third Wave Digital led the round with participation from other investors that included Les Moonves, chairman of the board, president and CEO of CBS Corp, film producer Jon Landau, United Talent Agency and actor Robert Downey Jr.
Cambridge, Massachusetts-based Semma Therapeutics, a developer of cell therapy for Type 1 diabetes, has raised an undisclosed amount of funding. The investor was JDRF T1D Fund, a venture philanthropy fund.
Los Angeles-based CityView, an investment management and development firm focused on urban multifamily real estate in the Western and Southwestern U.S., has hired George L. Ochs as a senior vice president and head of investor relations. Previously, Ochs was a managing director at JPMorgan Asset Management.
Envysion, which is backed by Parthenon Capital Partners, has appointed Calvin Quan as CEO. Quan first joined the company in August 2015 as chief financial officer. Envysion is a provider of video-based business intelligence software.
CURT Manufacturing LLC, a portfolio company of Audax Private Equity, has named Roch Lambert as CEO. He is the former CEO and chairman of the board for RBH/Beneteau Group. Based in Dallas and Eau Claire, Wisconsin, CURT is a provider of towing products and aftermarket truck accessories.
Maisonette, a children’s clothing and lifestyle e-commerce site, has raised $2.775 million in seed funding. The investors included New Enterprise Associates and Thrive Partners.
Pear Deck, a provider of real-time classroom engagement solutions, has secured $4 million in funding. The investors included Growth Street Partners, Village Capital, Hyde Park Venture Partners and Steve Case.
Fengate Real Asset Investments has raised $100 million for its new private equity fund. LFP Equities Fund will focus on the middle market across various industry sectors in North America. Also, Fengate has made its initial investment from the fund in Cricket Energy Group of Companies, an Ontario-based provider of residential and commercial energy services and solutions. No financial terms were disclosed.