Companies

Companies

AI-powered chatbot Mezi raises $9 million

AI-powered chatbot shopping app Mezi, has raised $9 million in Series A funding. Existing investors Nexus Venture Partners participated in the round, along with new investors Saama Capital and American Express Ventures. Amit Singhal, former SVP and head of Google...

SurveyMonkey appoints Tom Hale as president

Online survey and data platform SurveyMonkey has appointed Tom Hale as president. Mr. Hale will oversee engineering, product, product marketing, user experience and growth at the company. Most recently, Mr. Hale served as chief operating officer at HomeAway.  Prior to that, Mr. Hale...

Kazan Networks closes $4.5M Series A funding round

Auburn, California-based storage networking company Kazan Networks has closed a $4.5 million Series A funding round led by Samsung Ventures, with participation from Intel Capital and Western Digital. "Kazan Networks is developing products that are enabling the overall NVMe over Fabrics ecosystem,...

Cylance hires security industry veteran John McClurg from Dell

Cybcersecurity company Cylance has hired John McClurg as vice president in the Office of Security and Trust (OST). He will assist in building Security and Trust programs for the company alongside Malcolm Harkins, who is taking on the title of Cylance's...

Genesys receives $900M equity investment from Hellman & Friedman

Call center software company Genesys has received a $900 million investment from private equity firm Hellman & Friedman. The funding values the company at approximately $3.8 billion, said Genesys in a statement. Genesys' original investors Permira and Technology Crossover Ventures, who acquired the company from Alcatel-Lucent...

ComScore co-founder Magid Abraham resigns as executive chairman of the board

ComScore co-founder Dr. Magid Abraham has resigned as executive chairman of the company's board. He will remain on the comScore board through the remainder of his term, which expires in 2018. Dr. Abraham will focus his efforts as the recently appointed...

Sprinklr raises $105M

Enterprise social technology company Sprinklr, has raised $105 million in new funding, at a $1.8 billion valuation. The round, which brings the company’s total funding to $239 million, was led by Singapore-based Temasek. Wellington Management Company and EDBI, the...

Bloomberg Beta closes $75 million fund

Bloomberg announced the close of a second $75 million fund, with venture capital firm Bloomberg Beta. The new fund will continue building on Bloomberg Beta's specialty in machine intelligence, according to a statement released by the company. The announcement comes...

Sift Science raises $30M

Automated fraud prevention company Sift Science has raised a $30 million Series C funding round. The investment was led by Insight Venture Partners. Prior investors Union Square Ventures and Spark Capital also participated in the round. The latest investment brings the company's total funding to...

Cambridge Medical Robotics raises $20.3M Series A financing

Cambridge Medical Robotics (CMR), a Cambridge, UK-based private company developing a robotic system for universal minimal access surgery, has secured $20.3 million in a Series A funding round. Investors participating in the financing include ABB Technology Ventures, LGT Global...

Bay Dynamics raises $23M Series B round

Cyber risk analytics company Bay Dynamics has completed a $23 million Series B financing round, led by Carrick Capital Partners. The round also includes investment from Series A investor Comcast Ventures, the venture capital affiliate of Comcast. Bay Dynamics had earlier raised an...

Industrial cyber security company Indegy raises $12M

Industrial cyber security company Indegy has closed a $12 million Series A round of financing led by Vertex Ventures Israel with participation from Silicon Valley-based Aspect Ventures, and SBI Holdings of Japan. Existing investors Shlomo Kramer and Magma Venture Partners...

Computational pathology services platform 3Scan raises $14 million

Computational pathology services platform 3Scan has raised $14 million in Series B financing. The investment was led by existing investors Lux Capital and Data Collective. Other participants in the financing round include the investment arm of a U.S. research hospital, Dolby...

Avnet names William Amelio interim CEO

Technology distributor Avnet has appointed William Amelio, a member of Avnet’s board, as interim CEO of the company. Avnet Chief Executive Rick Hamada has stepped down, and will be leaving the company's board as well. He had been appointed as CEO in...

CityBase raises $6.25M Series B funding round

Chicago-based government-technology company CityBase has closed a $6.25 million Series B funding round, led by a $4 million investment by KDWC Ventures. CityBase develops technology, designs payment and communication channels, and aggregates operational data for municipalities, agencies, and utilities.