Iris Dorbian
Brooklyn Park, Minnesota-based ShiraTronics Inc, a private medical device company, has raised $33 million in Series A financing. USVP, Amzak Health and Strategic HealthCare Investment Partners led the round with participation from other investors that included Aperture Ventures and LivaNova PLC.
Irving, Texas-based TF Holdings, a software and financial services company, has promoted Ranga Kothamasu to president. Kothamasu first joined the firm in 2011 as a director of risk management. TF Holdings is backed by Sequoia and Technology Crossover Ventures.
Total Expert, a marketing and customer engagement technology platform for banks, lenders and financial services, has raised $52 million in Series C funding. Georgian Partners led the round with participation from Emergence and Rally Ventures.
Cove Kombucha, a Canadian kombucha company, has secured $1.2 million in seed funding. Canaccord Genuity Wealth Management, a Vancouver-based investment bank, led the round. The capital infusion will be used by Cove to launch its CBD kombucha.
Tonkean, a robotic automation and management platform for business operations, has closed $7.2 million in seed funding. Foundation Capital led the round with participation from Magma Venture Partners and Slow Ventures. In conjunction with the funding, Joanne Chen, a partner at Foundation Capital, is joining Tonkean's board of directors.
Luminary Media, a content podcast subscription service, has named Simon Sutton as CEO. Sutton is the former president and chief revenue officer of HBO. Luminary Media's backers include New Enterprise Associates.
PTC has agreed to acquire Cambridge, Massachusetts-based Onshape, a full-cloud 3D CAD system. The purchase price is about $470 million. Barclays served as financial adviser to PTC on the transaction. Onshape's backers include Andreessen Horowitz, New Enterprise Associates, Commonwealth Capital Ventures and North Bridge Venture Partners.
OctoML, a new deep learning startup, has secured $3.9 million in seed financing. Madrona Venture Group led the round with participation from Amplify Partners.
Gallant, an animal biotech firm, has raised $11 million in funding. The investors included Maveron, Bold Capital Partners, Bling Capital and Science Inc.
Grafana Labs, a provider of open source analytics and monitoring solutions for every database, has secured $24 million in Series A funding. Lightspeed Venture Partners led the round with participation from Lead Edge Capital.