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2016 March

22 Mar

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Sight Machine Closes $13.5mm Series B

March 22, 2016 | By |

Sight Machine Inc., leading the digital transformation of manufacturing, today announced it has raised $13.5 million in Series B venture capital. The round is led by Chicago-based Jump Capital and includes GE Ventures, Two Roads Group and Pritzker Group Venture Capital.

“Sight Machine is developing the technology that will bring us closer to the realization of the brilliant factory,” said Karen Kerr, Senior Managing Director of Advanced Manufacturing at GE Ventures, a unit of General Electric Co. (NYSE:GE). “The ability to effectively manage and analyze manufacturing data will change so many industries, and we are proud to partner with Sight Machine to help grow and commercialize its business.”

Existing investors re-investing in this round include IA Ventures, O’Reilly AlphaTech Ventures, Mercury Fund, Huron River Ventures and Orfin Ventures.

Read more on BusinessWire

08 Mar

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Deliv Raises $28mm Series B led by UPS

March 8, 2016 | By |

Deliv, the leading crowdsourced, same-day delivery company, today announced that it has raised $28 million in funding, with participation by a new investor, the UPS Strategic Enterprise Fund, and existing financial and REIT investors including Upfront Ventures, RPM Ventures, Huron River Ventures, PivotNorth Capital, General Growth Properties, The Macerich Company, Simon Venture Group, Taubman Centers, Inc. and Westfield Corp. The funds will be used to support Deliv’s dramatic growth, enhance its product depth and breadth and broaden its national footprint.
Read more at stockhouse.com