Iris Dorbian

Turbonomic has acquired Boston-based software company SevOne. No financial terms were disclosed. Turbonomic's backers include Bain Capital Ventures, General Atlantic, Globespan Capital Partners, Highland Capital Partners and Iconiq Capital.

Boston-based PathAI, a provider of AI-powered research tools and services for pathology, has raised $75 million in Series B funding. The investors include Merck Global Health Innovation Fund and Bristol-Myers Squibb.

San Francisco-based Kover.ai, an insurance startup, has secured $1.5 million in seed funding. West Loop Venture led the round with participation from Afore Capital and Techstars Ventures.

Santa Clara, California-based ​Volterra​, a newly launched provider of distributed cloud services, has raised over $50 million in funding. The investors include Khosla Ventures, Mayfield. M12, Itochu Technology Ventures and Samsung NEXT.

New York City-based Healthify, a healthcare company, has raised $16 million in Series B financing. The investors included SV Health Investors and BlueCross BlueShield Venture Partners.

Montreal-based TandemLaunch has closed its third fund at about $30 million. TLVIII will back 20 new Canadian tech startups. The fund's investors include Fonds de solidarité, BDC Capital Harbor Street Ventures and the Venture Capital Catalyst Initiative. TandemLaunch is a start-up foundry and seed fund focused on creating, incubating and accelerating early-stage technology startups.

Brazilian venture firm Monashees is seeking to raise $280 million for its ninth fund, according to an SEC filing. A year ago, as previously reported by PE HUB, the firm closed its eighth fund at $150 million.

District Ventures has assumed the ownership and operator of Food Startup, a Toronto-based food startup incubator and accelerator. No financial terms were disclosed. Food Startup has been renamed District Ventures Kitchen. District Ventures is a a startup incubator and accelerator of Canadian consumer venture firm District Venture Capital.

Los Angeles-based Boulevard, a platform-as-a-service provider for beauty service brands, has raised $11 million in Series A funding. Index Ventures led the round with participation from Bonfire Ventures, Ludlow Ventures, BoxGroup and Luma Launch.