Kaltura, a video tech provider, has acquired Boulder, Colorado-based Rapt Media, an interactive personalized video startup. No financial terms were disclosed. Kaltura’s backers include SAP Ventures, Nokia Growth Partners, Intel Capital, Nexus Venture Partners and Commonfund Capital.
Pivotal China has closed its inaugural fund at $150 million. Pivotal bioVenture Partners China USD Fund I will focus on incubating and building life sciences companies in China.
Genesis Capital is seeking to raise $600 million for its second fund, according to an SEC filing. Based in Beijing and Hong Kong, Genesis Capital invests in growth-stage internet companies.
Cambridge, Massachusetts-based Agent Capital, a biotech-focused venture firm, has raised $57.75 million for its initial fund, according to an SEC filing. The target is $150 million.
Heitman LLC, a real estate investment management firm, has named Jerry Ehlinger as senior managing director of Heitman Real Estate Securities. Ehlinger has been with Heitman for eight years and most recently led the firm’s North American strategies. Also, he was co-portfolio manager for the group’s global strategies.
Marlin Equity Partners has acquired UK-based NCC Group SDLC Limited, a software testing business unit of NCC Group plc. No financial terms were disclosed. Marlin will merge NCC ST with portfolio company QualiTest.
China-based venture firm Banyan Capital has changed its English name to Gaorong Capital. Gaorong Capital focuses on early and growth stage investments in TMT, including AI and frontier technologies, consumption and retail, fintech and enterprise services.
New York City-based Prevail Therapeutics Inc, a developer of gene therapies for patients with Parkinson’s disease and other neurodegenerative diseases, has named Dr. Francois Nader to its board of directors. Nader was the president, CEO and executive director of NPS Pharma. The investors included OrbiMed, Pontifax Fund, RA Capital Management, EcoR1 Capital, Omega Funds, BVF Partners LP, Boxer Capital LLC, Adage Capital Management LP and Alexandria Venture Investments.
Miami-based Tierra Nueva Fine Cocoa LLC, a chocolate and coffee technology company, has named Dr. Deryck van Rensburg and Neil Dorfman to its board of directors. Van Rensburg is the Dean of Pepperdine University’s Graziadio Business School and Dorman is a 24-year veteran of Nestle. Tierra Nueva is backed by ProspEquity Partners.
First Read ushers in the holiday weekend with news that Harvey Weinstein is expected to turn himself in to NYC police, StumbleUpon is closing down after 16 years and woman says Amazon device recorded her private conversation, sent it to random contact.
In Second Opinion, Netflix is now worth more than Disney and Comcast, Facebook and Instagram launch a U.S. political ad archive and President Trump pulls the plug on his North Korea meeting with Kim Jong-un.
Virgil Holdings Inc has acquired Hcareers, DHI‘s hospitality business, for about $16.5 million. Genesis Park provided the funding to support Virgil’s acquisition of Hcareers. AGC Partners was the financial adviser on the deal.
Switzerland-based BRD, a bitcoin and cryptocurrency mobile wallet, has raised $32 million in funding. The investors included East Ventures.
Boston-based FairMarkIT, a tail spend management firm, has secured an undisclosed amount of funding. The investors included NewFund Capital, NewStack Ventures, MassVentures and VT Technology Ventures.
CentralReach, which was backed by Insight Venture Partners, has acquired State College, Pennsylvania-based Chartlytics, a real-time behavior change analytics software provider. No financial terms were disclosed.
Rover.com, a network of pet sitters and dog walkers, has raised $125 million in funding. The investors included funds and accounts advised by T. Rowe Price Associates Inc as well as Silicon Valley Bank, Winslow Capital, Cross Creek, TCV, Greenspring Associates and Spark Capital.
Los Angeles-based Surkus Inc, a provider of event technology, has secured $10 million in Series B funding. EOS.global was the lead investor.