Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
AppDirect raises $140M to grow its SaaS app store for enterprises globally
AppDirect, a cloud-based marketplace featuring hundreds of software-as-a-service (SaaS) apps, has closed a whopping $140 million series E round, led by J.P. Morgan Asset Management with participation from all existing investors, including Foundry Group, iNovia Capital, Mithril Capital Management, StarVest Partners, and Stingray Digital.
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Germany’s Nest competitor Tado raises $17.1M to grow its smart home climate-control products globally
European Nest competitor Tado has raised $17.1 million to help grow its home climate-control business and “accelerate product innovations” and global expansion.
Some notable names participated in the round, including Siemens’ venture capital unit and Statkraft Ventures, the investment arm of one of Europe’s biggest renewable energy companies. This effectively doubles Tado’s total funding to date, as it raised $13.5 million last year and a $2.6 million seed round before that.
Australian startup Canva closes $15M investment, now valued at $165M
Australian design tool service Canva announced yesterday that it took in a $15 million investment led by Felicis Ventures. The series A funding round will be used to improve Canva’s tech and expand globally, the company says.
Canva says that it already has more than 5 million designers, marketers and business in over 179 countries using in its online platform.
Blackbird Ventures, Matrix Partners, and the investment arm of Gary Vaynerchuk Vayner Capital also join the round. Canva says it is now valued at $165 million.
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FilmTrack raises $10M to bring the film industry’s IP management tricks to product makers
Los Angeles-based FilmTrack, a company that makes software for storing and managing intellectual property, announced today that closed a $10 million “growth round.” Half of the money came from Wellington Financial LP, and the other half from Silicon Valley Bank, both bets were debt financing capital.
The growth capital, CEO Jason Kassin says, will allow FilmTrack to expand to other international markets and improve its technology. However, the CEO told VB that the expansion plan includes a move into new verticals, such as the management of non-media products.
The Studio City has raised at least $40 million to date and acquired Jaguar consulting in 2014 and Dashbox earlier this year. Kassin said the capital will also fuel acquisitions of “strategic technologies and services.”
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This list will be updated with breaking funding news all day. Check back for more.
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