Enterprise IT startup Shelf announced the close of $2.2 million in seed financing. Three investors participated in the round: SeedInvest, Connecticut Innovations, and New York Angels. Shelf is designed to declutter and organize distributed teams’ most important content. Customers can use Shelf to find information they
Semiconductor startup IonQ closed $20 million in financing. Three investors participated in the round, among them New Enterprise Associates and GV. IonQ is working to develop world-leading general-purpose quantum information processors. The company’s unique trapped Ion approach combines unmatched physical performance, perfect qubit replication, optical networkability,
Enterprise IT startup Supply Dynamics announced the close of a new round of financing. Three investors participated in the round: Queen City Angels, Ohio TechAngels Fund, and Rev1 Ventures. Supply Dynamics provides best-in-class technology solutions designed to address the challenges of managing sourcing and procurement and
Electronics startup 6 River Systems announced it has raised $15 million in financing. Three investors participated in the round: Norwest Venture Partners, Eclipse Ventures, and iRobot. 6 River Systems (6RS) is a Boston-based company founded by former Kiva Systems (now Amazon Robotics) and Mimio executives. The
Internet and IoT startup Rebagg announced it has raised $15.5 million in Series B financing. Seven investors participated in the round: Novator Partners, General Catalyst Partners, FJ Labs, Crosslink Capital, Big Sur Ventures-Necotium, U-Start and Kloof Capital. Founded by French fashion entrepreneur Charles-Albert Gorra, who attended
Fintech startup Cleo announced it has raised $2.6 million in financing. Four investors contributed to the round, among them Local Globe and Entrepreneur First. Based in London, England, Cleo AI is an intelligent assistant that helps users manage their finances via text message, Facebook Messenger, Amazon
BDS Analytics closed $1.5 million in financing from an undisclosed investor. BDS aims to be the indispensable source for cannabis industry data and insight. The company provides actionable insights based on information derived from millions of cannabis transactions, with the goal of enabling dispensaries, brands, and
British multinational enterprise software company Sage announced that it has acquired fintech startup Intacct. The total consideration is $850 million, to be paid in cash and rolled into Sage options. Intacct was founded in 1999 to provide small and mid-sized businesses with a cloud-based alternative to
Toast completed $101 million in financing. Three investors participated in the round: Generation Investment Management, Lead Edge Capital, and Bessemer Venture Partners. Toast is a mobile point-of-sale system for restaurants, cafes, bars and nightclubs and aims to provide the most affordable and fully-featured business management solution
Transportation startup Convoy closed $62 million in Series B financing. Convoy, recognized as Geekwire’s 2017 “Startup of the Year,” is a rapidly-growing company that uses technology to transform the $800 billion trucking industry with an on-demand service for regional and local shipments. Its system connects shippers