Bitmovin, an online video infrastructure software company, acquired $30 million in Series B funding led by Highland Europe. The round was led by Highland Europe, with participation from existing investors Atomico, Constantia New Business, Dawn Capital, and YCombinator. Bitmovin is an alumnus of startup incubator
Canopy, a leading cloud-based practice management platform for tax and accounting professionals, announced a round of $30 million. The funding was led by New Enterprise Associates (NEA), with participation from Wells Fargo Strategic Capital, Pelion Ventures, University Growth Fund, and EPIC Ventures. Canopy, founded in 2014,
Paddle, a UK-based developer that offers software companies a single platform for the entire software sales process, closed $12.5 million in Series B financing, led by Notion Capital, with participation from BGF Ventures, MacPaw, and Kindred. Developers and software companies use Paddle’s checkout and licensing
Clubhouse Software, the maker of a modern project management platform for software development teams, raised $10 million in Series A financing, led by Battery Ventures. Existing seed investors Resolute Ventures, Lerer Hippeau Ventures, Neu Venture Capital, RRE Ventures, and Zeitgeist Partners also participated in the
Enterprise platform Libra completed $7.8 million in Series A financing. Four investors contributed to the round, including Liberty City Ventures, Boost VC, and XBTO. Founded in 2014, Libra’s solutions automate and optimize accounting, audit, and tax processes such as reporting, reconciliation, controls, and compliance. Its
Lesson.ly announced it has earned $8 million in Series B financing. Four investors contributed to the round: OpenView Venture Partners, Rethink Education, High Alpha, and Allos Ventures. Lesson.ly’s modern team learning software platform helps teams learn, practice, and perform at the highest levels by reinforcing best
LightStep announced the acquisition of $29 million in financing, led by Sequoia Capital. Redpoint Ventures, Cowboy Ventures, and Harrison Metal Capital also participated. LightStep’s goal is to provide organizations with accurate, detailed snapshots of entire software systems, enabling them to identify bottlenecks and resolve incidents.
Enterprise IT startup Assemble Systems announced it raised $12 million in Series A financing, led by Autodesk, with participation from Assemble Investments and Satterfield Vintage Investments. Assemble’s software allows architecture, engineering and construction teams to access, analyze, and share model-based building information to improve project predictability.
Software startup Bridgit announced the completion of $2 million in financing led by Standup Capital and MaRS Investment Accelerator Fund. Bridgit’s mobile construction software platform allows users to log issues with photos, send automated messages with subcontractors, track the real-time status of all tasks, report on
Booqable is a SaaS online rental software web app designed to rent out products in a wide variety of sectors such as AV, bike rentals, weddings and events, costumes and clothing, and education. Users can manage and accept bookings from their website, phone, or in