Transportation startup VeriTread announced it has raised $2.5 million in financing from Sumitomo Corporation of Americas. VeriTread is an online shipping exchange service that facilitates heavy-haul solutions via an online marketplace. The VeriTread marketplace provides a venue for shipping customers and service providers to engage in
According to a recent SEC filing, software startup Notable Labs has raised $14.8 million in financing from an undisclosed investor. Notable Labs is a personalized testing service for cancer patients. It prioritizes combinations of FDA-approved treatments that can be immediately prescribed by a doctor without clinical
Blackhawk Network, a publicly traded company that operates in the prepaid gift card and payments sector, announced that it has acquired prepaid ecommerce solution provider CashStar. CashStar, founded in 2007, provides gift card commerce solutions. The CashStar Commerce platform is used by merchants, and the
Treebo Hotels announced it has secured $34 million in Series C financing. Ward Ferry Management, Karst Peak Capital, SAIF Partners, Matrix Partners, and Bertelsmann India Investments participated in the funding. Founded in 2015, Treebo is a new hotel brand that offers comfortable stays at budget
Qadium closed $40 million in Series B financing. IVP, TPG Capital, Founders Fund, Susa Ventures, and New Enterprise Associates participated in the funding. Qadium is a cybersecurity company that monitors the device layer of the Internet. Using patented technologies and state-of-the-art tools in deep data
Mobile startup SafeTrek announced the completion of $3.2 million in seed financing. Four investors contributed to the round: Cultivation Capital, New Enterprise Associates, Maveron, and Aspect Ventures. SafeTrek is a mobile application that aims to bridge the gap between doing nothing and calling 911. SafeTrek allows
Strikingly completed $6 million in Series A financing. Infinity Venture Capital Fund, Innovation Works, Y Combinator, TEEC Angel, and CAS Holdings participated in the funding. Strikingly is an online web platform that enables individuals to build mobile-optimized websites without coding or design. It has a
Internet and IoT startup HowStuffWorks closed $15 million in growth equity financing, led by global merchant bank The Raine Group. Founded in 1998, HowStuffWorks is a leading for-profit publisher of podcast content. The company is the parent company of 14 leading podcast brands, including Stuff You
InfoBionic has announced the appointment of Gene Cattarina to its board of directors. Based in Boston, MA, InfoBionic is a digital health company focused on creating superior patient monitoring solutions for chronic disease management. In his new position, Cattarina will help InfoBionic continue to scale up
Sterlite Tech appointed Sanjeev Bedekar as chief delivery and technology officer in charge of telecom services. Sterlite is a global technology company that designs, builds, and manages digital networks for key customers such as global service providers, smart cities, rural broadband and large enterprises. In his