Growth Equity

Singapore-based Drive.SG secures $790K in Series A round

Singapore-based online car rental website received $790,000 in its Series A funding round from Insas Berhad, an investment holding firm based in Malaysia, TechCrunch reported.

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Knowledge Delivery Systems bags $6M in funding to improve US urban school districts

New York, US-based online educational provider Knowledge Delivery Systems bagged $6 million in its fourth funding round from Edison Ventures to implement programs that will help improve urban school districts in the country.

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Optio Labs bags $10M in Series A round

Optio Labs secured $10 million from parent company Allied Minds and other private investors for its Series A funding round. The company provides software solutions for mobile security, a statement about the funding said.

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New York startup school General Assembly scores $35M in funding

New York, US-based startup school General Assembly scored $25 million in a recent funding round to expand its tech and entrepreneurship course offering and to build new campuses.

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Greece-based Workable secures $1.5M in round led by Greylock IL

Workable, a developer of SME-focused cloud-based recruitment platform, secred a $1.5 million investment in its latest funding round led by Greylock Partners

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American electric bike firm Brammo lands $9.5M in Series D funding

Oregon, US-based electric motorcycle manufacturer Brammo Inc landed $9.5 million in an on-going Series D funding round from Terracap Ventures and Aviva Investors amid efforts to cut cost and increase profitability.

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US-based solar microinverter provider SolarBridge closes $42M in funding

Austin, Texas-based solar microinverter provider SolarBridge Technologies closed $42 million in a funding round led by Constellation Technology Ventures to drive its expansion efforts across North America and Australia.

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E-learning platform Quipper closes $5.8M in Series A2 round

London-based e-learning platform Quipper which makes Quipper School has bagged $5.8 million for its Series A2 fundraising round from Atomico, Benesse and other unnamed investors, TechCrunch reported.

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DreamIt Ventures Austin partners with AngelList for new microfund

DreamIt Ventures Austin has rolled out a new microfund this week together with AngelList to give additional funding to the nine startups in its accelerator program, VentureBeat reported.

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DigitalOcean gets $37.2M in round led by Andreessen Horowitz

DigitalOcean, the cloud-hosting site built for developers, obtained $37.2 million in fresh funding in a round led by Andreessen Horowitz and joined in by IA Ventures and CrunchFund, VentureBeat reported.

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Silicon Valley-based Trusper bags $6.17M in Series A round led by DCM

Trusper, an application that allows users to share and find lifestyle tips, received $6.17 million for its Series A funding round led by DCM and joined in by other investors, a statement about the funding said.

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Australia-based SocietyOne secures $8.5M in Series A round

Reinventure, Global Founders Capital and other investors joined the Series A round for Australia's only active peer-to-peer lending firm SocietyOne which raised $8.5 million, a statement about the funding said.

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New York-based online payments business Payoneer gets $25M in Series D round

Payoneer Inc, a New York-based online payments platform, has secured $25 million for its Series D funding round led by Susquehanna Growth Equity and participated in by existing investors, a statement about the funding said.

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Tiger Global Management leads $77M investment in alternative lending platform OnDeck

OnDeck, an alternative lending platform for small businesses, secured a $77 million investment in a round led by Tiger Global Management and joined in by its existing investors, TechCrunch reported.

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Albion Ventures invests £2.2M in Egress Software Technologies

Egress Software Technologies, a provider of cloud-based email and file encryption services, has received a £2.2 million investment from venture capital firm Albion Ventures, a statement about the funding said.

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