BitSight has closed USD40 million in Series C financing, bringing its total cumulative funding to USD95 million to date. Led by GGV Capital, BitSight's Series C round also includes participation from previous investors, including Flybridge Capital Partners, Globespan Capital Partners, Menlo Ventures, and Shaun McConnon, as well as the venture

Investindustrial, through B&B Italia, has signed an agreement to become the majority partner of Arclinea Arredamenti, an Italian provider of high-end designer kitchens. The Fortuna family, the current sole shareholder of Arclinea, will continue to own a minority stake, and at the same time will continue its role in the

Newly fully authorised peer-to-peer business debt platform Peer Funding is gearing up for launch with an early bird investor offer. With launch set for the end of September 2016, the company is offering a bonus reward uplift in return for investors committing funds to the platform.   Each investor committing

Keit Ltd, based at the Harwell Campus in Oxford, has completed a GBP1.4 million funding round led by Longwall Ventures, with additional investment from the Angel CoFund, Rainbow Seed Fund, Wren Capital and various angel investors.  Keit’s MicroFTSÔ spectrometer, which stems from research work done at the Science and Technology

Private equity firm Elaïs Capital has completed its third deal with a significant minority equity investment in Sunaero, a provider of testing and repair solutions for aircraft. A dedicated private equity fund managed by Elaïs Capital on behalf of 15 families is now the main shareholder of Sunaero, alongside its

Claroty, a specialist in operational technology (OT) network protection, has secured a USD32 million venture capital investment led by Red Dot Capital Partners. Established as part of Israeli cybersecurity foundry Team8, Claroty’s team has prior experience working with Siemens, IBM, Waterfall Security, Palo Alto Networks, iSIGHT Partners (FireEye), ICS2, Industrial

NVM Private Equity has invested GBP4 million of development capital in Customs Connect and Customs Connect Europe, which minimises the customs duty paid by importers. The funding will be used to support Customs Connect’s expanded service offering in the UK and its expansion plans across mainland Europe.   The business is

Despite a backdrop of political and economic uncertainty surrounding the EU Referendum, small business lending hit an all-time high over the past 12 months, increasing by 29.8 per cent to GBP20.7 billion. That’s according to the National Association of Commercial Finance Brokers (NACFB) latest annual figures, which are based on

Phononic, a specialist in cooling and heating with solid-state technology, has raised USD30 million in funding featuring new investors GGV Capital and Lookout Capital. The global syndicate also includes returning investors Eastwood Capital Corp, Venrock, Oak Investment Partners, Tsing Capital, Huaneng Invesco WLRoss, Wellcome Trust and Rex Healthcare Ventures.   The

Datorama has closed USD32 million in Series C funding led by Lightspeed Venture Partners. Marker and Eric Schmidt's Innovation Endeavors also participated in the round.   This series brings Datorama's total funding to USD50 million.   Datorama will primarily use the new funding to accelerate the company's research and development