Bevi, a mission-driven company that develops custom beverage machines, has raised a $16.5M Series B led by Trinity Ventures, with ongoing support from Horizons Ventures and Tamarisc. The company will use the funding to continue expansion throughout the United States, support the launch of their new counter-top beverage dispenser model, and accelerate the development of IoT-enabled technology that allows consumers to customize their beverages at the Point of Use.
Wellframe, a leading mobile-enabled care management solution provider, today announced the organization’s Series B round of financing, led by F-Prime Capital, with participation from existing investors including DFJ, who led the company’s A round. Carl Byers, Executive Partner at F-Prime, will join the Wellframe board of directors. This round brings total funds raised by the company to $25 million.
Clear Ballot, a leading election technology company, announced today that it has raised over $18 million to accelerate the company’s growth and customer success. Participants include venture capitalists Bessemer Venture Partners, Ventureforgood, and DN Capital, alongside private investors including well-known mutual fund manager, Peter Lynch, Endeca Founder and CEO, Steve Papa and Harvard University Professor, Michael Porter. The company will use the capital to accelerate development of innovative election products and expand customer engagement and service.
Upserve, the industry’s leading Restaurant Management Platform, today announced a strategic investment and partnership with Vista Equity Partners (“Vista”), a leading investment firm. The partnership and capital will enable Upserve to accelerate its growth, grow its employee base, and further invest in delivering a seamless platform for restaurateurs.
DBmaestro, a leading provider of DevSecOps solutions for database technology, today announced a $4.5 million financing led by Vertex Ventures, with participation of existing investors Stage 1, Lool Ventures and iAngels. The investment will help the company to launch its next-generation database automation solutions and extend its global sales and marketing reach.
Progress (NASDAQ: PRGS) today announced it has acquired Kinvey, a privately-held company based in Boston and leader in Backend as a Service (BaaS) technology. This acquisition is a key part of the Progress strategy to provide the best platform to build and deliver modern cognitive-first applications. Today’s news comes on the heels of the company’s acquisition in March of machine learning and predictive analytics vendor, DataRPM.
Accenture (NYSE: ACN) has acquired Boston-based mobile design and development firm Intrepid. As connected devices become increasingly popular and continue to proliferate in environments such as the home, office and vehicles, Accenture is expanding its capabilities to help organizations create engaging mobile experiences for customers at speed and at scale.
CloudHealth Technologies, the leading cloud service management company, today announced it has completed a $46 million Series D round of financing. Venture capital powerhouse Kleiner Perkins, a new investor, led the funding with participation from Meritech Capital Partners and CloudHealth Technologies’ existing investors .406 Ventures, Sapphire Ventures and Scale Venture Partners. The new funding will help drive global expansion as CloudHealth Technologies continues its rapid growth trajectory across all areas of the business.