Business
Next Insurance, a digital insurance company for small businesses, secured $83 million in a Series B round led by Redpoint Ventures. Other investors that participated in the round include Nationwide,
Escape Technology Raises New Financing
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
Power Quality Solutions Firm Brings In $24 Million
Power Survey closed $24 million in Series A financing. Cycle Capital, Investissement Quebec, EnerTech Capital, Fonds de solidarite FTQ, and BDC Venture Capital participated
Consumer Startup Leesa Sleep Secures $23 Million
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
Internet and IoT Startup Expert360 Raises $13 Million
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
Facebook Acquires Source3
Facebook announced that it has acquired content rights management startup Source3. Financial terms of the deal were not disclosed. Source3, which was founded in
Edtech Startup Grovo Raises $11.3 Million
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
Fintech Startup Betterment Raises $70 Million
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
Fintech Startup Borrowell Secures $57 Million
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
Russian Gaming Startup Playkey Secures $2.8 Million
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