VC Deals Only: Sqreen Closes $14M Series A Funding Round

VC Deals Only: Sqreen Closes $14M Series A Funding Round: Sqreen , a San Francisco, CA-based Application Security Management (ASM) company, closed a $14m Series A funding. The round was led by Gre...

Sqreen Closes $14M Series A Funding Round

Sqreen, a San Francisco, CA-based Application Security Management (ASM) company, closed a $14m Series A funding.

The round was led by Greylock Partners with participation from Y Combinator and previous investors Alven Capital and Point Nine. In conjunction with the funding, Greylock partner Sarah Guo joined the board. To date, Sqreen has raised more than $18 million in total funding.

The company intends to use the funds to continue to expand operations.

Led by Pierre Betouin, CEO, Sqreen provides an ASM platform giving companies visibility and protection in production for web applications and cloud workloads. It is currently used to protect more than 500 companies around the world today.

Sqreen goes beyond the HTTP layer and uses dynamic instrumentation logic to detect malicious activities within the application. It provides visibility into web application security and risk, down to the code level. The platform features dynamic protection modules – ranging from runtime application self-protection (RASP), to in-app web application firewall (WAF), and account take-over (ATO) protection.

With no software code modifications, the solution can be up and running and protect any web application in under five minutes. Its hybrid SaaS architecture allows instant and safe deployment through smart microagents, without having to redirect traffic or install complex on-premises software.

Source. FinSMEs, April 2, 2020

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VC Deals Only: Inari Raises $45M in Debt Financing USA

VC Deals Only: Inari Raises $45M in Debt Financing USA: Inari , a Cambridge, Mass.-based biotechnology company developing next-generation seeds, entered into a $45m loan and security agreement wit...

Inari Raises $45M in Debt Financing USA

Inari, a Cambridge, Mass.-based biotechnology company developing next-generation seeds, entered into a $45m loan and security agreement with K2 HealthVentures (K2HV), a life sciences-focused investment firm.

The funds complement Inari’s recent $89m equity raise.

The company intends to use the capital to accelerate the development and commercialization of gene-edited crops.

Led by Ponsi Trivisvavet, chief executive officer, Inari uses genetic technologies and data science to develop next-generation seeds that reduce the natural resources required to grow food.

The company was founded by Flagship Pioneering in 2016 and is headquartered in Cambridge, Mass., with additional sites in West Lafayette, Ind., and Ghent, Belgium.

Source. FinSMEs, April 23, 2020

This post was brought to you by Woewoda Communications, your partner in the Canadian startup market; offering strategic communications & public relations services to Canadian startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.

Are you a pre-seed to late stage funded Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience. 

Serving Vancouver, Montreal, Toronto, Waterloo, Ottawa and Halifax.

VC Deals Only: Equispheres Raises $30M in Series B Funding

VC Deals Only: Equispheres Raises $30M in Series B Funding: Equispheres , an Ottawa, Ontario, Caanda-based material science company, raised $30m in Series B funding. The round was led by HG Ventur...

Equispheres Raises $30M in Series B Funding

Equispheres, an Ottawa, Ontario, Caanda-based material science company, raised $30m in Series B funding.

The round was led by HG Ventures, with participation from Sustainable Development Technology Canada (SDTC), BDC, Canada’s bank for entrepreneurs, and other undisclosed contributors.

The round was comprised of:

– $10m in equity investment from HG Ventures,

– $8m dollar grant from SDTC,

– $5m subordinated financing from BDC,and

– $7m in undisclosed funding.

The company intends to use the funds to scale up production, and invest in R&D partnerships in automotive, aerospace & defense industries. Specifically, the areas the company will focus on are:

– Improve reactors for higher volume and lower cost production

– Accelerate research and development projects with strategic partners in the automotive, aviation, space and defense industries

– Hire and develop talent, creating high quality jobs

– Develop application support services for the automotive, aviation, space and defense industries to facilitate advanced manufacturing opportunities made possible with the materials Equispheres has developed.

Led by Kevin Nicholds, President and CEO, Equispheres is a materials science technology company focused on additive manufacturing applications. Equispheres focuses on engineering and providing ultra-high-performance, mono-sized metal powders and invests heavily in R&D around metallurgy and alloy development.

Source. FinSMEs. April 22, 2020

This post was brought to you by Woewoda Communications, your partner in the Canadian startup market; offering strategic communications & public relations services to Canadian startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.

Are you a pre-seed to late stage funded Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience. 

Serving Vancouver, Montreal, Toronto, Waterloo, Ottawa and Halifax.

VC Deals Only: Biobot Analytics Raises $6.7M in Seed Funding

VC Deals Only: Biobot Analytics Raises $6.7M in Seed Funding: Biobot Analytics , a Somerville, Mass.-based a wastewater epidemiology company, raised $4.2m in seed funding bringing its total amount of th...