SessionM scores $12 mln

Boston-based SessionM, a consumer loyalty and engagement platform provider, has secured $12 million in funding. Causeway Media Partners led the round with participation from NTT Docomo Capital, Commerce Ventures, Highland Capital Partners, Charles River Ventures and Kleiner Perkins Caufield & Byers.


RetailNext snags $125 mln

San Jose, California-based RetailNext Inc, a provider of in-store retail analytics, has raised $125 million in funding. Activant Capital Group led the round with participation from other investors that included August Capital, StarVest Partners, Nokia Growth Partners, Commerce Ventures, American Express, Pereg Ventures, Qualcomm Ventures and Siguler Guff & Company. In addition to the funding, Activant’s Steve Sarracino, has been added to RetailNext’s board of directors.


Bill.com nabs $50 mln

Business payment network Bill.com has secured $50 million in funding. The investors were Silicon Valley Bank, DCM Ventures, Scale Venture Partners, August Capital, Napier Park Global Capital, American Express Ventures and Commerce Ventures.


Fintech firm MX rakes in $20 mln

Utah-based financial tech firm MX has secured $20 million in funding. The investors in the recent round include TTV Capital, North Hill Ventures and Commerce Ventures.


Bitnet scores $14.5 mln Series A

Bitnet Technologies, a digital commerce platform provider for bitcoin payments, has raised $14.5 million in Series A funding. Highland Capital Partners led the round. Other investors included Rakuten, Webb Investment Network, Bitcoin Opportunity Corp., Stephens Investment Management, Commerce Ventures and Buchanan Capital Management. In addition to the funding, Peter Bell, a partner at Highland Capital Partners, has been added to Bitnet’s board of directors.


Raveh joins Commerce Ventures

Dan Raveh has joined Commerce Ventures, a firm focused on mobile, payments and retail. Raveh is a Wharton 14′ MBA graduate. Prior to Wharton, he spent 3 years executing technology investments at Viola Private Equity.


NGP leads $30 mln round for RetailNext

RetailNext, a San Jose, Calif. provider of retail analytics, said Tuesday that it has raised $30 million in funding. Nokia Growth Partners led the round with participation from Activant Capital Group, August Capital, StarVest Partners, Commerce Ventures, Qualcomm Ventures, Tyco and American Express.

Address change platform Updater scores $8 mln

Updater has closed $8 million in Series A funding. The investors were SoftBank Capital, Second Century Ventures, IA Ventures and Commerce Ventures. Also, the firm has named Ryan Hubbard as chief technology officer. Based in New York City, Updater is a relocation and address-change platform.

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