Rand-backed GiveGab buys Kimbia

By Iris Dorbian — 1 day ago

GiveGab Inc, a portfolio company of Rand Capital, has acquired Austin, Texas-based Kimbia, an online fundraising, crowdfunding and event platform provider for nonprofits, higher education and community foundations. No financial terms were disclosed.

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March Capital ups Leidheiser to VP

By Iris Dorbian — 1 day ago

March Capital has promoted Jed Leidheiser to vice president, according to a spokesperson for the Santa Monica, California-based venture firm. Prior to joining March Capital, Leidheiser worked at Work-Bench Ventures. Earlier he was a senior manager at Accenture and long-term consultant for Goldman Sachs.

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Machine design platform Vention wins C$3.5 mln in seed funding

By Kirk Falconer — 1 day ago

Vention, a Montréal-based digital manufacturing platform dedicated to machine design, has secured C$3.5 million in seed-stage financing. White Star Capital led the round with participation from Bolt, Real Ventures and several technology executives. Founded in 2016 by CEO Etienne Lacroix and CTO Max Windisch, Vention with the round announced the first public launch of its free, cloud-based 3D MachineBuilder, which with a modular component library allows users to design and assemble custom industrial equipment directly from a web browser in a short time.

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Techcyte nabs $4.3 mln

By Iris Dorbian — 2 days ago

Orem, Utah-based Techcyte Inc, a provider of deep learning image analysis platform, has raised $4.3 million in funding. The investors were not named.

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