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Saber Labs raises USD7.7m in seed funding

Saber Labs, a core contributor to Saber, the first Solana-based cross-chain stablecoin exchange, has secured USD7.7 million in a seed round led by Race Capital, with participation from Chamath Palihapitya’s Social Capital, Jump Capital, Multicoin Capital, Solana Foundation, and others, as well as crypto industry leaders from FTX, Okcoin, Curve,

Thoma Bravo to acquire Medallia for USD6.4bn

Software investment firm Thoma Bravo is to acquire customer and employee experience specialist Medallia in a USD6.4 billion all-cash transaction. Medallia will become a private company with additional resources and greater flexibility to build on its innovation leadership and expand its customer impact. Additionally, the transaction will allow Medallia to

Foresight completes sale of Poppy & Jacks Nursery Group

Foresight Group (Foresight), an infrastructure and regional private equity investment manager listed on the London Stock Exchange, has sold Poppy & Jacks Limited (Poppy & Jacks), a children’s nursery chain in North West England.  Poppy & Jacks was sold to Kids Planet Day Nurseries Limited (Kids Planet), a national nursery

North Haven Capital acquires Interstate Fire Protection

North Haven Capital (NHC), a private investment firm based in Portland, Maine has acquired New England-based Interstate Fire Protection (IFP).  NHC teamed up with BankProv, a future-ready commercial bank that offers adaptive and technology-first banking solutions to emerging markets. Interstate Fire Protection is a leading provider of fire protection services

Kili Technology raises USD25m in Series A funding round

Six months after raising USD7 million in seed funding, Paris-based data-centric AI training platform Kili Technology has raised USD25 million in Series A financing from London-based venture capital fund Balderton Capital and further commitment from initial investors, Serena Capital and Headline.  “Managing and transforming unstructured data into training-ready data involves

SEDNA raises USD34m in Series B funding

SEDNA, an intelligent communications system for high-performance teams at leading companies like Glencore, Norden, and Bunge, has secured USD34 million in Series B funding.

Levine Leichtman Capital Partners sells FlexXray

Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, has sold its portfolio company FlexXray Holdings, LLC (FlexXray) to Warburg Pincus and Tilia Holdings. Financial terms of the transaction have not been disclosed. FlexXray is a leading provider of x-ray inspection services focused on food safety. The Company

Zenput secures USD27m in Series C financing round

Zenput, a specialist in operations execution solutions, has secured USD27 million in a Series C financing round led by Golub Capital with participation by existing investors, including Jackson Square Ventures, MHS Capital, and Goldcrest Capital.  This brings the company’s total funding to over USD47 million, on the heels of approximately

AuthenticID closes USD100m minority growth investment round led by Long Ridge

AuthenticID, a provider of Identity Proofing solutions for large enterprises, has closed a USD100 million minority investment from Long Ridge Equity Partners, a technology-focused growth equity firm.  The investment will support AuthenticID’s continued expansion within telecommunications, financial services, government, and other consumer segments looking to establish trust and mitigate fraud,

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