Digitech and Seed Sumo back CarForce

By Iris Dorbian — 14 hours ago

CarForce, which provides car dealers with real-time updates on the health of their customer’s vehicles, has secured an undisclosed amount of funding. The investors were Digitech Venture Capital Fund, Inc, Seed Sumo and Jason Calacanis.

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Payzer scores $4.25 mln Series B

By Iris Dorbian — 19 hours ago

Payzer, a financial tool for specialty trade contractors, has raised $4.25 million in Series B funding. The investors were Route 66 Ventures, Grotech Ventures and IDEA Fund Partners.

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Simplus reels in over $7 mln Series A

By Iris Dorbian — 19 hours ago

Salt Lake City, Utah-based Simplus, a provider of quote-to-cash solutions, has secured more than $7 million in Series A funding. Epic Ventures led the round with participation from other investors that included Salesforce Ventures. Also, Simplus has acquired BaldPeak Consulting, which provides quote-to-cash services. No financial terms were disclosed.

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Simpplr bags $6 mln Series A

By Iris Dorbian — 2 days ago

Milpitas, California-based Simpplr, an employee success company, has secured $6 million in Series A funding. Norwest Venture Partners led the round with participation from Salesforce Ventures. Concurrent with the funding, Promod Haque, a senior managing partner at Norwest, has been added to Simpplr’s board of directors.

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Shape Security nets $40 mln Series D

By Iris Dorbian — 2 days ago

Shape Security, a provider of advance security technology for web and mobile applications, has raised $40 million in Series D funding. The investors included EDBI, Baseline Ventures, Kleiner Perkins Caufield & Byers, NVP, Venrock, Google Ventures, Eric Schmidt and Northern Light Ventures.

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ReadCoor attracts $23 mln Series A

By Iris Dorbian — 2 days ago

Boston-based ReadCoor Inc, a panomic spatial sequencing platform provider, has closed $23 million in Series A funding. Decheng Capital led the round with participation from Lilly Asia Ventures, Vivo Capital and Hansjörg Wyss. In conjunction with the funding, Victor Tong, a partner at Decheng Capital and Yuh-geng Tsay, a partner at Vivo Capital, have been appointed to ReadCoor’s board of directors.

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Viva Republica nabs $23.7 mln Series B

By Iris Dorbian — 2 days ago

Seoul, Korea-based Viva Republica, a creator of a mobile payments app, has raised $23.7 million in Series B funding. Goodwater Capital and Qualcomm Ventures led the round with participation from return backers Altos Ventures and KTB Network.

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Carmel Ventures leads $7 mln round for Codefresh

By Iris Dorbian — 2 days ago

Silicon Valley and Israel-based Codefresh, a container lifecycle management platform, has secured $7 million in funding. Carmel Ventures led the round with participation from other investors that included Hillsven Capital, Streamlined Ventures and UpWest Labs.

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Folloze inks $7.3 mln

By Iris Dorbian — 2 days ago

Palo Alto, California-based Folloze, an account based marketing sales platform, has raised $7.3 million in funding. Canvas Ventures and New Enterprise Associates led the round with participation from other investors that included Cervin Ventures.

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Karamba Security grabs $2.5 mln

By Iris Dorbian — 2 days ago

Michigan and Israeli-based Karamba Security, a provider of cybersecurity solutions for connected and autonomous vehicles, has raised $2.5 million in funding. Fontinalis Partners led the round with participation from return backers YL Ventures and GlenRock. In addition to the funding, Chris Thomas, a founder and partner at Fontinalis Partners, has been added to Karamba’s board.

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Aura Biosciences picks up $8 mln

By Iris Dorbian — 2 days ago

Cambridge, Massachusetts-based Aura Biosciences, a biotechnology company, has raised $8 million in funding. The investors included Advent Partners, Chiesi Ventures, Ysios Capital, Alexandria Venture Investments and Termeer. In addition to the funding, Henri Termeer, former CEO of Genzyme, has been added to Aura Biosciences’ board of directors.

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