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Enterprise IT startup Testim announced it has raised $5.6 million in Series A financing led by Lightspeed Venture Partners. Testim uses machine learning to maintain automated test cases from inception to execution. It plans to eliminate the need to update tests with every code change. Netapp,

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Polycom, Inc., an industry leader in enterprise grade business communication solutions, announced the appointment of Jim Cullinan to the newly created role of vice president, Buzz and Brand. Prior to joining Polycom, Cullinan held senior roles at Microsoft, Yahoo!, LeapFrog and Clear Channel. He led Microsoft’s

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Ecommerce startup PayQwick announced it has secured $2.9 million in financing from an undisclosed investor. PayQwick is on a mission to bring proven payment processing, regulatory compliance, and banking services to the licensed recreational and medical marijuana industries, and help reduce the risk of violent crime,

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Software startup Instart Logic announced it has raised $30 million in financing, led by ST Telemedia. Geodesic Capital, StartX, Hermes GPE, Andreessen Horowitz, Four Rivers Partners, Kleiner Perkins Caufield & Byers, Tenaya Capital, Telstra, and Harris Barton Asset Management also participated in the offering. Instart

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Square announced that Anna Patterson, founder and managing partner of Google’s Gradient Ventures and a vice president of engineering, has joined its board of directors. Previously, Patterson helped launch Google Play, the world’s largest digital goods marketplace, and led a team that scaled up its

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Real estate startup ExtraSlice announced it has secured $1 million in financing from Benaroya Capital Company. ExtraSlice is a hybrid tech park that offers a community and shared office space for technology companies, service providers, and training providers. The park features 16,000 square feet of professional

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PandaTree, an edtech startup, announced it has raised $1.5 million in seed financing. Four investors contributed to the round: Harrison Metal Capital, UP2398, Precursor Ventures, and Nanjing Sunflower. PandaTree offers live foreign language conversation practice for kids through one-on-one video sessions with tutors. Pricing starts at

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IT services company Singularity Partners today named industry veteran Jamison F. Marra as its new president and CEO. Marra joins Singularity Partners from Maxsam Partners, where he was CEO and cofounder. He has held executive and senior leadership positions at many high tech companies, including

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Fintech startup CFX Markets has secured $2.2 million in financing, led by West Loop Ventures. M25 Group, Origami Capital Partners, SixThirty, and Harvard Business School Angels of Chicago also participated. CFX Markets is an open and secure trading platform for alternative assets, including public non-listed

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