Ofo announced it has raised $700 million in Series E financing. Seven investors participated in the round: Alibaba Group, Hony Capital, CITIC Group Corp., Didi Kuaidi, DST Global, Sequoia Capital, and Warburg Pincus. Founded in 2014, Ofo is a Beijing-based company that offers bicycle sharing services.
Transportation startup Recycle Track Systems announced the close of $11.7 million in Series A financing from Volition Capital. Recycle Track Systems (RTS) innovates waste and recycling management through the use of real time technologies and data analytics. The RTS proprietary tracking system empowers customers by providing
Spotinst closed $15 million in Series A financing. Intel Capital and Vertex Ventures participated in the round. Spotinst has a designated machine learning software that manages DevOps and financial decisions in real time and saves the overhead and management of cloud computing purchasing options. The
Software startup OnboardIQ announced the close of $9.1 million in Series A financing. Four investors contributed to the round: Origin Ventures, SoftTech VC, Crosslink Capital, and Y Combinator. OnboardIQ enables companies quickly to screen and hire independent workforces -- managing all the background checks, document signing,
Miso Robotics announced it has secured $3.1 million in financing. Two investors contributed to the round, including Acacia Venture Partners. Miso Robotics is developing technology that seeks to empower chefs to make food consistently and perfectly, at prices everyone can afford. In its announcement, the company said
Digital media startup Hudl announced the completion of $30 million in financing. Three investors participated in the round: Accel Partners, Nelnet, and Jeff and Tricia Raikes. Launched in 2006, Hudl is a software platform that provides video analysis and coaching tools for sports teams. It enables
Fintech startup AxiomSL announced the close of a new financing round from TCV. AxiomSL is the global leader in risk data management and regulatory reporting solutions for the financial industry, including banks, broker dealers, asset managers, and insurance companies. Its enterprise data management (EDM) platform delivers
Internet & IoT startup Insticator announced it has closed $5.2 million in financing from an undisclosed investor. Insticator increases engagement and ad revenue for publishers through interactive content while enhancing viewability and purchase intent for brands. More than 350 million online consumers are reached monthly across
JetClosing announced it has secured $1.4 million in financing from Trilogy Equity Partners with participation from other existing investors. JetClosing aims to remove paper forms and move the real estate closing process to the cloud. By doing so, the company says it can reduce the
BenRevo announced it has closed $405,500 in financing from an undisclosed investor. For employers who purchase health insurance, BenRevo is a platform that brings the shopping experience online. The current method of buying insurance used by brokers, employers, and insurance carriers is paper heavy, error prone