WePay grabs $40 mln Series D

WePay, a payments provider for online platforms, has raised $40 million in Series D funding. FTV Capital led the round with participation from other investors that included Rakuten, Highland Capital Partners, August Capital, Continental Investors and Ignition Partners. In addition to the funding, FTV Capital’s Chris Winship has been added to WePay’s board of directors while Rakuten’s Oskar Miel has bee appointed to WePay’s advisory board.


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.

Highland Capital, Mesirow and DCM Ventures back CENX

CENX, a provider of service orchestration solutions for software-defined networks, has secured an undisclosed amount of funding. The investors were return backers Highland Capital Partners, Mesirow Financial Private Equity Inc, Verizon Ventures, Ericsson, DCM Ventures and Cross Creek Advisors.


Boston startup HourlyNerd snaps up $7.8 mln

Boston-based HourlyNerd, an online marketplace for freelance business talent, has secured $7.8 million in Series B funding. Highland Capital Partners led the round with participation from other investors that included GE Ventures, Greylock Partners and Suffolk Equity Partners.


Qumulo scores $40 mln in KPCB-led round

Seattle-based enterprise data storage company Qumulo has secured $40 million in Series B funding. Kleiner Perkins Caufield & Byers led the round with participation from return backers Highland Capital, Madrona Venture Group and Valhalla Partners. In conjunction with the funding, Wen Hsieh, a partner at KPCB and Matt McIlwain, a managing director at Madrona Venture Group, have been added to Qumulo’s board.


Rethink Robotics pulls in $26.6 mln Series D

Boston-based robots maker Rethink Robotics has raised $26.6 million in Series D funding. GE Ventures led the round with participation from other investors that included Goldman Sachs, Bezos Expeditions, CRV, Highland Capital Partners, Sigma Partners, Draper Fisher Jurvetson and Two Sigma Ventures.


Highland hires new MD

Dallas-based investment firm Highland has appointed Felicia Smith as managing director. Previously, Smith worked at Santander Consumer USA where she served as vice president of capital markets.


Photofy app nets $1 mln

Photofy has received $1 million in funding. The investors in this round included Capitol Broadcasting Corp, Highland Capital’s James Dondero and Michael Olander, Jr. of MDO Holdings. Based in Raleigh, NC, Photofy is a social content creation app.


Fleksy bags $2 mln

Mobile keyboard provider Fleksy has secured $2 million in funding. The investors included Digital Garage, Eniac Ventures, Middleland Capital, Highland Capital Partners and Militello Capital. According to the company, the capital will be used for product development.


Moka5 collects $16 mln Series D

Moka5, a Silicon Valley-based provider of next generation end-user computing solutions, has received $16 million in Series D funding. The investors included Khosla Ventures, Highland Capital Partners and NGEN Partners.


VC-backed Handy buys Mopp

New York City-based on-demand home cleaning and repair service Handy (formerly known as Handybook) has acquired UK-based cleaning service Mopp, the latter confirmed in a blog post on its site. No financial terms were disclosed. Handy’s backers include Revolution Growth, General Catalyst and Highland Capital. To read the announcement, visit here.

Zoove Secures Series E Rogers Venture Partners, Panorama Capital

Zoove Corp, a provider of a unique mobile phone number for content has secured a $15 million from existing series D investors, Rogers Venture Partners and Panorama Capital. The company’s early stage investors, Worldview Technology Partners and Highland Capital also invested in the business.

CampusLIVE Re-launches as Dailybreak and Inks $5m

CampusLIVE has re-launched as Dailybreak. Based in Boston, MA, the company has closed $5 million in funding led by GSV Capital Corp and is also backed by Highland Capital and Charles River Ventures. Dailybreak has also appointed John Federman as CEO. PRESS RELEASE With a string of major developments heralding its expansion beyond the college-aged […]

2tor Raises Leaves $26M Series D

2tor Inc., a provider of online degree programs, has closed on $26 million in Series D financing. Hillman Company led the round, with participation from new investors SVB Capital and WestRiver Capital, and return backers Bessemer Venture Partners, Highland Capital, Redpoint Ventures, Novak Biddle Venture Partners and City Light Capital. The Series D brings 2tor’s […]

Violin Memory Raises $50M From SAP, Highland, Toshiba, Juniper

Violin Memory, Inc. said it raised $50 million in Series D funding, giving the company a market value of more than $800 million. Investors in the round include Toshiba, Juniper Networks and new investors SAP Ventures and Highland Capital. PRESS RELEASE Violin Memory Flashes Forward with a $50 Million Mezzanine Round and $800+ Million Valuation […]

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