Training platform Grovo nabs $15 mln Series B

New York City-based professional and digital training platform Grovo has raised $15 million in Series B funding. The investors were previous backers Accel Partners, Costanoa Venture Capital, Greg Waldorf and SoftTech VC.

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Poka ropes in $2.5 mln in iNovia-led round

Social industrial platform Poka has closed $2.5 million in funding. The lead investor was iNovia Capital. SoftTech VC also participated in the round. Also, Poka has hired Nicolas Darveau-Garneau as an advisor.

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Vidyard pulls in $18 mln Series B in BVP-led round

Kitchener, Ontario-based Vidyard, a provider of video marketing and sales enablement solutions, has received $18 million in Series B funding. Bessemer Venture Partners led the round with participation from return backers iNovia Capital, OMERS Ventures, Salesforce Ventures and SoftTech VC. In conjunction with the funding, Byron Deeter, a partner at Bessemer Venture Partners, has been added to Vidyard’s board of directors.

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Cendana raises a $50 mln fund of funds

Cendana Capital has closed on a new $50 million fund of funds and raised money for a direct investment fund, Managing Partner Michael Kim said. The new fund, Cendana Capital II, is a step up from Cendana’s first fund, which was $28.5 million.

Drone quadcopter released to monitor Indonesia's Mount Sinabung volcano. By  REUTERS/Beawiharta
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Top 10 posts: venture capital

Trending in VC deals this week: unmanned aerial vehicles (aka drones), wearable technology, mobile tech for online education, employee-scheduling software, tech talent development program and cloud security.

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Shippo bags $2 mln in round led by SoftTech VC

San Francisco-based Shippo, which simplifies shipping for ecommerce vendors and partners, has received $2 million in seed funding. SoftTech VC led the round with participation from other investors that included Version One Ventures, 500 Startups, Slow Ventures and Funders Club.

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SoftTech VC leads $2 mln round for DroneDeploy

DroneDeploy, a smart drone management platform, has received $2 million in seed funding. SoftTech VC led the round with participation from DataCollective, Redpoint, DFJ, and Angelpad. DroneDeploy is a smart drone management platform.

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RJMetrics scores $16.5 mln Series B

RJMetrics said Monday that it has closed $16.5 million in Series B funding. The investors were August Capital, Trinity Ventures and SoftTech VC. Headquartered in Philadelphia, RJMetrics is an analytics platform for online businesses.

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Online identity platform About.me pulls in $11 mln Series B

Online identity platform About.me said Tuesday that it has closed $11 million in Series B funding. Foundry Group led the round with participation from True Ventures, SoftTech VC, CrunchFund and Bullpen Capital. According to the firm, the capital infusion will be used for expansion and product building. In addition to the funding, Brad Feld, managing director at Foundry Group, has been added to About.me’s board of directors.

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Real-time analytics startup Chartbeat garners $3.1 mln

According to a blog post on its site by CEO Tony Haile, Chartbeat has raised $3.1 million in funding. Previous backers Draper Fisher Jurvetson and Index Ventures led the round with participation from Lerer Hippeau Ventures, Freestyle Capital, LAUNCH Fund, SoftTech VC and Lowercase Capital. Based in New York City, Chartbeat is a provider of real-time analytics. To read more about the funding, visit here.

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Andreessen Horowitz and SoftTech VC back Halo Neuroscience

Halo Neuroscience has received $1.5 million in funding. Andreessen Horowitz and SoftTech VC led the round with participation from Kima Ventures, Fabrice Grinda and Josh Hannah. Based in San Francisco, Halo is a maker of wearable technology that helps brain activity.

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Handshake grabs $8 mln Series A funds

Handshake said Monday that it has closed $8 million in Series A funding. New backer Emergence Capital Partners led the round with participation from previous investors SoftTech VC, MHS Capital and High Peaks Venture Partners. Based in New York City, Handshake is a sales order management platform for wholesalers.

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TakeLessons snags $7 mln

TakeLessons said Tuesday that it has secured $7 million in funding. Lightbank led the round with participation from Crosslink Capital, SoftTech VC, Triangle Peak Partners and Moore Venture Partners. TakeLessons is an online marketplace for qualified and vetted teachers.

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Hired secures $15 mln Series A funding

Hired has secured a $15 million Series A round. The financing was led by Crosslink Capital and Sierra Ventures with additional participation from SoftTech VC and Sherpa Ventures.

SoftTech VC and 500 Startups seek new funds

A pair of seed investors – SoftTech VC and 500 Startups – have set out to raise new funds. In a filing with the Securities and Exchange Commission, SoftTech VC said it would raise $85 million for a fourth fund. Dave McClure’s 500 Startups filed with the SEC to raise a $100 million third fund.

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