Varsity News Network nabs $3.7 mln

Grand Rapids, Michigan-based Varsity News Network, an online communication platform provider for high school athletic departments, has closed $3.7 million in funding. Arsenal Venture Partners led the round with participation from other investors that included North Coast Technology Ventures, RSL Venture Partners, Start Garden, Detroit Innovate, Northern Michigan Angels and the Michigan Angel Fund.

Netskope grabs $75 mln Series D

Los Altos, California-based Netskope, a cloud access security broker, has raised $75 million in Series D funding. Iconiq Capital led the round with participation from return backers Accel Partners, Lightspeed Venture Partners and the Social + Capital Partnership.

Wrap Media raises $12.7 mln

Wrap Media said Thursday it closed a $12.7 million Series B financing round led by Raine Ventures and ProSiebenSat.1 Media. Christopher Crain of Crain Communications, Dream Incubator, FF Angel LLC, Salesforce Ventures and Transmedia Capital also participated. San Francisco-based Wrap Media provides an interactive storytelling and commerce platform.

BMW i Ventures invests in ZIRX

BMW i Ventures, the venture capital unit of BMW Group, has invested in ZIRX. Financial terms weren’t announced. San Francisco-based ZIRX is an on-demand parking and car services company. Prior investors include Bessemer Venture Partners, Norwest Venture Partners and Trinity Ventures.

Universal Avenue reels in $5 mln

Stockholm-based Universal Avenue, a Sales-as-a-Service platform that gives businesses on-demand access to a sales team at any location, has secured $5 million in funding. Northzone led the round with participation from Salesforce Ventures and return backer MOOR.


FTV Capital leads $42 mln round for NewsCred

Content marketing software company NewsCred has secured $42 million in funding. FTV Capital led the round with participation from previous backers FirstMark Capital, InterWest Partners and Mayfield Fund. In addition to the funding, Liron Gitig, a partner at FTV Capital, has been added to NewsCred’s board of directors.

Capillary Technologies scores $45 mln Series C in Warburg Pincus-led round

Singapore-based Capillary Technologies, a provider of software solutions that helps retailers with customer engagement, has raised $45 million in Series C funding. Warburg Pincus led the round with participation from Sequoia Capital and Norwest Venture Partners. Also, Capillary has acquired MartJack, an Asia-based multi-channel commerce platform. No financial terms were disclosed.


Tanium racks up $120 mln

Emeryville, California-based Tanium, a provider of security and systems management, has raised $120 million in funding. The investors included TPG, Institutional Venture Partners and funds and accounts advised by T. Rowe Price Associates Inc alongside previous backer Andreessen Horowitz.


Crosswise raises $3 mln

Crosswise said Wednesday that closed a $3 million Series A round of financing led by Pereq Ventures. ZhenFund, Emerge and existing investors Giza Venture Capital, OurCrowd and Horizons Ventures also participated. Tel Aviv, Israel-based Crosswise provides cross-device mapping data.


DecisionSim raises $1.85 mln

DecisionSim Inc. said Wednesday that it raised $1.85 million in a Series A financing round. Rittenhouse Ventures contributed $1.5 million while $350,000 came from Ben Franklin Technology Partners. Chadds Ford, Pennsylvania-based DecisionSim provides simulation-based learning platforms.

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