Edtech startup Escape Technology completed a new round of financing from Alpine Investors. Escape Technology develops state-of-the-art software applications for the business departments of educational organizations. With a mission to power school businesses, Escape offers an intuitive and comprehensive system designed for the unique needs of
Power Survey closed $24 million in Series A financing. Cycle Capital, Investissement Quebec, EnerTech Capital, Fonds de solidarite FTQ, and BDC Venture Capital participated in the funding. Power Survey is a provider of high quality power factor correction and harmonic filtering products and services, specializing
Leesa Sleep completed $23 million in Series B financing. Three investors participated in the round, including One Better Ventures, and Seventh Generation. Leesa is a luxury mattress that is ordered exclusively online and delivered straight to customers’ doorsteps. The company’s Leesa mattress is beautifully designed and
Sydney-based Expert360 completed $13 million in Series B financing. Two investors contributed to the round, among them AirTree Ventures. Expert360 is Australia's leading marketplace connecting top freelance consultants to the world's leading global companies in a flexible way that suits both businesses and freelancers. The company’s
Facebook announced that it has acquired content rights management startup Source3. Financial terms of the deal were not disclosed. Source3, which was founded in 2014, plans to be the world’s first platform for end-to-end management of intellectual property related to user-generated content (UGC). The company
Grovo announced the close of $11.3 million in financing from an undisclosed investor. Grovo plans to reimagine on-the-job learning for enterprises. A pioneer in the “micro-learning” movement, it combines an elegant training platform with engaging 90-second video lessons, strong tracking, and an advisory service to help
Consumer robo advisor Betterment announced it has raised $70 million in financing, bringing the company’s current valuation to $800 million. Swedish investment company Kinnevik led the round, with participation from Bessemer Venture Partners, Menlo Ventures, and Francisco Partners. Betterment is an automated investing service that aims
Toronto-based Borrowell completed $57 million in financing, consisting of $12 million (CAD) in equity funding and $45 million in new credit facilities. The Series A equity round is being led by Portag3 Ventures LP, Equitable Bank and White Star Capital, with participation by FirstOntario Credit
Gaming startup Playkey announced it has raised $2.8 million in financing from the Internet Initiatives Development Fund. Founded in 2012 by Egor Gurjev, Playkey offers a cloud gaming technology service that allows gaming enthusiasts to play PC games without having to purchase an expensive, high-end gaming
Enterprise IT startup Decooda International announced the close of a new round of financing from TechSophy. Decooda is a rapidly evolving cognitive intelligence company that focuses on turning an understanding of customer emotions and state-of-mind into actionable insights. The company’s mission is to help businesses identify