Funding & Deal Highlights:
Cityblock Health, the tech-driven healthcare provider focused on improving healthcare in underserved communities, raises $54M in funding according to a recent SEC filing. Cityblock Health has now raised a total of $139.8M in reported equity funding.
Telepathy Labs Inc., a Tampa technology company with an artificial intelligence platform, raises $6.6M in an early-stage funding round.
HyperGrid, a leader in cloud management and governance, and iQuate, a leader in agentless discovery and application mapping, announces they are combining to create CloudSphere. CloudSphere's flagship Cloud Governance Platform provides enterprise and cloud service provider customers with governance for migration planning, security posture, identity, compliance and cost management across multiple public clouds.
Palantir, the sometimes controversial, but always secretive, big data and analytics provider that works with governments and other public and private organizations to power national security, health and a variety of other services, reportedly eyes a public listing this autumn. In the meantime it’s also continuing to push ahead in the private markets.
BioDirection, Inc. d/b/a NanoDiagnostics, Inc., a Boston, MA-based medical device company, closes an $18M Series C financing.
Carbon Clean Solutions Limited (CCSL), a leader in low-cost carbon dioxide (CO2) capture and separation technology, announces the completion of a new equity investment of $22M from a Series B investment round with Equinor Ventures (EV) and ICOS Capital (ICOS). EV and ICOS join the three global investors, WAVE Equity Partners, Chevron Technology Ventures, and Marubeni Corporation, who injected $16M into CCSL in February.
FraudScope, an Atlanta, GA-based AI-based platform for health plans to address the problem of fraud, waste, and abuse, completes a $7Mround of Series A financing.
TN Marketing, a Minneapolis-based global online video subscription and streaming business focused on creating communities by engaging people with their passions, announces it has acquired assets of Bluprint from NBCUniversal, effective immediately. Bluprint, a subscription video on demand service featuring online courses and other forms of video content surrounding crafts, hobbies and lifestyle topics was launched as Craftsy in 2011 and was acquired by NBCUniversal in 2017.
Valet Living, the only nationally recognized full-service amenities provider to the multifamily housing industry, announces the acquisition of doorstep waste and recycling provider, Skinner Waste Solutions, adding over 30,000 homes to Valet Living's portfolio of over 1.5M homes.
Neighborly, the world's largest franchisor of home service brands, announces the acquisition of HouseMaster, a professional home inspection franchise headquartered in Somerville, N.J. The addition becomes the 25th brand under the Neighborly umbrella and officially expands the organization to more than 4,000 franchise owners around the world.
Hiltz Propane Systems, Inc. (Marietta, Penn.) has announced the planned acquisition of Chesmont Engineering Company, Inc. (Exton, Penn.) to offer a unified engineering and turnkey solution to the propane and energy industry. In addition to their specialized expertise in propane systems, Chesmont, which was founded in 1973, brings engineering experience in the natural gas and industrial heat process industries. Hiltz Propane Systems will acquire Chesmont Engineering assets, employees and customer contracts and the merged business will operate as part of the Hiltz Companies beginning July 1, 2020.
VMware announced the company intends to acquire Datrium, expanding the current VMware Site Recovery disaster recovery as a service (DRaaS) offering with Datrium’s world-class cost-optimized DRaaS solution.
Belgian retailer Colruyt Group takes a majority stake in data specialist Daltix. Colruyt wants to expand its real-time insights into price and consumer behavior, while Daltix hopes to realize its international growth ambitions.