Uploadcare, an end-to-end cloud platform, has secured $1.7 million in new funding. Runa Capital and Vendep Capital led the round.
Inspired Capital has closed its debut fund at $200 million. The firm’s limited partners include pensions, foundations and endowments. The New York City-based early-stage venture firm invests in the “entrepreneurs of tomorrow.”
Hamilton, Ontario-based Nix Sensor, a provider of color measurement products, has secured $2 million in funding. The investor was BDC Capital’s Growth & Transition Capital division. The funding will be used by Nix Sensor to accelerate product development and expand global sales efforts.
Caisse de dépôt et placement du Québec is investing US$75 million in Azure Power Global Limited, a solar power developer in India. At the closing of the private placement, CDPQ’s equity stake in Azure Power will increase from 41.4 percent to 49.4 percent.
Enlightenment Capital has added Alan B. Thomas Jr to its advisory board. Thomas is also joining the executive team of Trowbridge, a portfolio company of Enlightenment. Recently, Thomas served as the commissioner of the federal acquisition service at the General Services Administration.
Montreal-based Stradigi AI, an artificial intelligence company, has secured C$53 million (US$40.3 million) in Series A funding. The Fonds de solidarité FTQ and Investissement Québec led the round with participation from other investors that included Holdun Family Office, Segovia Capital Ltd and Cossette Inc.
Provation Medical, a provider of procedure documentation and clinical decision support solutions, has named Daniel Hamburger as CEO. Most recently, Hamburger served as CEO of Renaissance Learning Inc. Provation is backed by Clearlake Capital Group LP.
Columbus, Ohio-based Loop, an e-commerce SaaS platform, has secured $10 million in Series A funding. FirstMark Capital led the round with participation from Lerer Hippeau and Ridge Ventures.
Fort Worth, Texas-based Actuate Therapeutics Inc, a clinical stage biopharmaceutical company, has raised $6.5 million in financing. Bios Partners led the round with participation from other investors that included Kairos Ventures and DEFTA Partners.
NightDragon Security has named Morgan Kyauk as managing director. Also, the cybersecurity investment firm has added Jason Martin of FireEye, Dan Burns of Optiv, Matthew Gyde of NTT Security and Andrew Howard of Kudelski Security to its advisory council.
Salesforce Ventures has launched a new $50 million consultant trailblazer fund. The fund will back the next generation of cloud consulting companies and digital agencies.
Chicago and Boston-based Apervita, a platform for value-based collaboration in healthcare, has secured $22 million in funding. The investors included Optum Ventures, Pritzker Group Venture Capital, Baird Capital, Math Ventures and Levy Family Partners.
The Hilb Group, a portfolio company of Abry Partners, has acquired Massachusetts-based G&N Insurance, a property and casualty insurance agency. No financial terms were disclosed.
Sterling, Virginia-based Intrepid Solutions and Services, a provider of enterprise IT, data analysis and operational training services to the U.S. intelligence community, has named Ken Diller as executive vice president and chief growth officer. Previously, Diller managed the defense and national intelligence group for Huntington Ingalls Industries following its acquisition of Fulcrum IT Services. Intrepid is backed by Bluestone Investment Partners.
IPKeys Power Partners has acquired Ontario-based N-Dimension Solutions Inc, a provider of cybersecurity monitoring. No financial terms were disclosed. EnerTech Capital, a venture firm that has offices in a number of cities that include Toronto, Philadelphia, Montreal and Calgary, made an equity investment in IPKeys as part of the transaction. No financial terms were disclosed. England & Company advised IPKeys on the deal.
Five Points Capital has acquired Ithaca, New York and Madison, Wisconsin-based GrammaTech Inc, a developer of software-assurance tools and advanced cyber-security solutions for government and commercial clients. Five Points teamed up with Pleasant Bay Capital, Crescendo Capital, Capital Southwest Corporation and new GrammaTech CEO Mike Dager for this acquisition. No financial terms were disclosed.
Austin, Texas-based LawnStarter, an on-demand platform for outdoor services, has raised $10.5 million in funding. The backer was Edison Partners.
Leith, Scotland-based Stampede, a provider of Wi-Fi based customer engagement and marketing analytics, has secured 1 million pounds in seed funding. The investors include Techstart Ventures, Galvanise Capital and the Scottish Government.