Paxata announced a strategic alliance with Accenture that includes a minority investment in the company from Accenture Partners. The amount invested was not disclosed. Paxata’s software uses machine learning to transform raw data into ready information. The company’s “adaptive information platform” weaves data from any source
Lesson.ly announced it has earned $8 million in Series B financing. Four investors contributed to the round: OpenView Venture Partners, Rethink Education, High Alpha, and Allos Ventures. Lesson.ly’s modern team learning software platform helps teams learn, practice, and perform at the highest levels by reinforcing best
Fashion marketplace Poshmark completed $87.5 million in Series D financing, led by Temasek Holdings. Mayfield Fund, Menlo Ventures, GGV Capital, Inventus Capital Partners, Uncork Capital, Union Grove Venture Partners, and Cross Creek Capital also participated. Poshmark, founded in 2011, is a social fashion marketplace where
LightStep announced the acquisition of $29 million in financing, led by Sequoia Capital. Redpoint Ventures, Cowboy Ventures, and Harrison Metal Capital also participated. LightStep’s goal is to provide organizations with accurate, detailed snapshots of entire software systems, enabling them to identify bottlenecks and resolve incidents.
According to a recent SEC filing, GoFormz has raised $2.5 million in financing from an undisclosed investor. GoFormz, founded in 2012, helps companies mobilize their paper forms and turn them into smart mobile business applications. The company believes that digitizing forms dramatically improves business visibility and
Cloudflare, an Internet performance and security company, announced it has purchased Neumob, a startup that specializes in speeding up mobile apps, reducing errors, and boosting conversions. Neumob, based in Sunnyvale, CA previously raised $10.9 million in a Series A funding round led by Accel Partners.
Healthcare startup Cake announced it has secured $1.4 million in seed financing, led by Pillar, with participation from LaunchCapital, Honeycomb Portfolio, and Arkitekt Ventures. Cake provides a digital platform for advance care planning and end-of-life planning. Cake’s online profiles store a user’s end-of-life preferences, which can
Fintech startup TrueAccord closed $22 million in Series B financing, led by Arbor Ventures, with participation from Nyca Partners, Assurant, Caffeinated Capital, Felicis Ventures, TenOneTen Ventures, and Crystal Towers. TrueAccord’s digital-first, data-driven debt collection solution features a patent-pending machine-learning platform. According to the company, TrueAccord delivers
Enterprise IT startup Assemble Systems announced it raised $12 million in Series A financing, led by Autodesk, with participation from Assemble Investments and Satterfield Vintage Investments. Assemble’s software allows architecture, engineering and construction teams to access, analyze, and share model-based building information to improve project predictability.
CleanCapital announced the close of $3.7 million in Series A financing, led by SeedInvest. CleanCapital is an online marketplace that aims to accelerate the adoption of clean energy by providing opportunities for investors and access to capital for developers. The marketplace allows accredited individuals – including