PE-backed Ping Identity files to go public

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.

Molecula grabs $6 mln seed

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.

Zenoti Software picks up $20 mln

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.

Finch Therapeutics lands $53 mln Series C

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.

Clearlake-backed Janus recruits Jackson as new CEO

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.

VC-backed SecurityScorecard adds new VP to team

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.

Form Energy snags $40 mln Series B

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 invests in Davisware

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 sells InsideRE to Lovell Minnick

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.

PE HUB First Read

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.

Tibit Communications scores $25 mln Series B

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.

Windfall Data nets $9 mln

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 racks up $745 mln for fund

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.