angela sormani
Trustpilot has secured 10 million euros ($13 million) in venture capital. Index Ventures and existing investors, Northzone and SEED Capital have also invested in the business.
Jibe Mobile, a Silicon Valley cloud-based global communications provider, has closed $8.3 million in financing with investments by Vodafone Ventures (the U.S. investment arm of Vodafone Group), Tokyo-based game creator MTI, and other investors.
Circulomics has been awarded two Small Business Innovative Research Phase I awards, totaling $800,000 over two years. The biotechnology spin-off from Johns Hopkins University has also been awarded $75,000 by Maryland TEDCO.
Brazilian fashion online retailer Dafiti has secured a fourth round of investment worth $65 million. The new round is led by New York-based Quadrant Capital Advisors, which committed $32 million. Additional funding will come from AB Kinnevik, Summit Partners and other investors through a German holding company.
Mobile merchant platform Cardfree has launched following a $10 million in Series A funding round closed last month. Cardfree is headquartered in San Francisco and is part of a portfolio of companies advised by investor and chairman of the board Jeffrey Katz, who founded payments processor Mercury Payments Systems.
Search technology provider Coveo has secured $18 million in funding led by Canadian late-stage technology investment firm Tandem Expansion Fund. All major existing investors also participated in the round, including BDC Venture Capital, Propulsion Ventures SEC and Fonds de solidarité FTQ.
Online education marketplace Udemy has completed a $12 million Series B financing round led by Insight Venture Partners, with additional support from existing investors Lightbank, MHS Capital and Learn Capital. This brings bringing Udemy's total funding to $16 million. The company has also announced the hiring of Dennis Yang as president and chief operating officer.
OutSmart Power Systems has secured $1.5 million in new funding from private venture investors to support continued product development and commercialization efforts. With the latest round of funding, OutSmart has now raised over $9 million since its founding in 2008. The company is headquartered in Natick, MA.
Centric Software, a provider of PLM software, has closed on $19 million in series C venture capital financing. Investors include Oak Investment Partners, which led the funding round, and Masthead Venture Partners. The most recent funding was the $11.6 million tranche of the Series C financing.
Tech company MetroMile has launched and unveiled a first-of-its-kind car insurance product that charges drivers a per-mile rate for the miles they drive each month. The company has raised over $4 million in funding from NEA, Index Ventures, First Round Capital and SV Angel.