Iris Dorbian
SWISSto12, a provider of telecommunications components for the satellite and aerospace industries, has raised $18.5 million in Series B financing. The investors included Swisscanto Invest by Zürcher Kantonalbank, Swisscom Ventures and Constantia New Business.
San Francisco-based Knock Knock, a developer of frictionless games and technologies for a post-App Store world, has secured $4 million in Series A financing. March Capital Partners led the round with participation from other investors that included Raine Ventures, London Venture Partners and Ludlow Ventures. In conjunction with the funding, Gregory Milken, managing director at March Capital Partners, is also joining the Knock Knock board.
Montreal-based Worximity Technology, a company focused on Industry 4.0, has secured C$6.25 million in Series A funding. Marel, a provider of advanced food processing equipment, systems, software and services to the poultry, meat and fish industries, led the round. Since its founding in 2011, Worximity has served more than 200 customers.
Counterpart Ventures is seeking to raise $100 million for its second fund, according to an SEC filing. The San Francisco-based venture firm was founded in February 2018.
Temenos, a banking software company, has agreed to acquire Kony for an enterprise value of US$559 million and an earnout of US $21 million. Kony Inc is a digital banking SaaS company. The deal is expected to close in the fourth quarter of this year. Kony's backers included SoftBank Capital, Insight Venture Partners, Georgian Partners, a Canadian venture capital firm, as well as Telstra Venture, Delta-V and Hamilton Lane.
New York City-based Esusu, a financial technology platform helping individuals save money and build credit, has raised $1.6 million in seed funding. Acumen Fund led the round with participation from other investors that included Sinai Ventures, Kleiner Perkins, Katapult Accelerator, Plug and Play Tech Center, Global Good Fund and Temerity Capital Partners.
Alto, a fintech platform, has raised $5.4 million in seed funding. Jefferson River Capital, the family office of Blackstone Executive Vice Chairman Tony James and Moment Ventures led the round.
Tampa, Florida-based Homee, an on-demand home services platform, has raised $15 million in Series B financing. Forte Ventures led the round with participation from Liberty Mutual Strategic Ventures, The Hartford, State Farm Ventures, Ferguson Ventures, Activate Capital Partners, Florida Funders, Deepwork Capital and Engage.
Oakland, California-based Hound Labs Inc, a maker of a dual marijuana and alcohol breathalyzer, has secured $30 million in Series D financing. Intrinsic Capital Partners led the round.
Poshmark, a social commerce platform for the next generation of retailers and shoppers, has appointed Jenny Ming to its board of directors. Ming is the former CEO and president of Charlotte Russe. Poshmark's backers include Mayfield, Menlo Ventures, GGV Capital, Temasek, Inventus Capital, Uncork Capital, Union Grove Venture Partners, Shea Ventures and AngelList.