Lending Loop closed $2 million in financing. Two investors contributed to the round, including MaRS Investment Accelerator Fund. Lending Loop is Canada's first fully regulated peer-to-peer lending platform focused on small business. The company screens loan application and assigns a risk rating to the loan requests
The leading job searching site Indeed.com is acquiring software startup Interviewed. Financial terms of the deal were not disclosed. www.interviewed.com aims to help HR managers take the guesswork out of hiring. Instead of relying on subjective resume screening or inconsistent interview practices, hiring managers
rfXcel announced the close of $30 million in Series B financing. Two investors contributed to the round, including Kayne Partners. rfXcel Corporation is a cloud-based software (SaaS) application company focused on providing drug, medical device, and food safety solutions through enhanced supply chain traceability. rfXcel provides
SmartAssist.io just closed $5 million in Series A financing from Madrona Venture Group. SmartAssist is an artificial intelligence service in the customer support space. It uses sophisticated algorithms to read and understand all the interactions from past tickets between the customer support agent and the customer.
Bread announced it has raised $126 million in equity and debt financing. Menlo Ventures led the equity round, with participation from Bessemer Venture Partners, RRE Ventures, and others. As part of the round, Mark Siegel, Menlo’s managing partner, will be joining Bread’s board of directors.
Skycatch completed $27.4 million in financing from an undisclosed investor. Skycatch plans to be the industry leader for industrial unmanned aerial vehicle (UAV) applications and data-imaging. The Skycatch team bears a wealth of technical and business expertise, including engineers, roboticists, entrepreneurs, and operational staff with backgrounds
Genome company Veritas Genetics announced that it has acquired biomedical computing startup Curoverse. Financial terms of the deal were not disclosed. Curoverse is building an open-source platform that supports real-time queries of globally distributed biomedical data, efficiently runs machine learning algorithms, and is secure, fault
Tupl announced it has raised $7 million in financing from Eagle River Holdings. Tupl's goal is to help operators increase their operational efficiency and reduce cost. The company has created TuplOS, a virtualized backend platform that promotes process automation and rationalization of hardware and software resources.
Fintech company Kabbage completed $250 million in financing from a subsidiary of SoftBank Group. Kabbage is an automated technology and data platform that provides direct access to funding for small businesses and powers lending for large global banks. The company currently operates in North America
C360 Technologies announced it has closed $3.5 million in financing. Three investors participated in the round: BlueTree Allied Angels, Pasadena Angels, and Boeing. C360™ aims to be a different kind of 360/VR company -- one that, unlike others, doesn’t stitch or require multi-headed cameras to deliver