Tech funding: TILT, Orbs, Procore, Vyng, Avanan

Technology companies such as TILT Holdings, Orbs, Procore Technologies, Vyng, Avanan, Momni, TicketGuardian, among others, have announced their latest funding rounds.
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TILT Holdings

TILT Holdings, a technology platform serving the cannabis industry, announced a $6.8 million private placement equity financing with Weston Capital Group.

Orbs

Israeli blockchain start-up Orbs received an investment from Kakao Investment, the venture arm of South Korean internet conglomerate Kakao Corp.

Procore Technologies

Procore Technologies, a provider of cloud-based applications for construction, has closed $75 million of funding in a round led by Tiger Global Management. This round values the company at $3 billion.

Vyng

Vyng, a company focused on transforming how conversations start on mobile, has raised $4 million in a Series A round, led by Omidyar Network India and returning investor March Capital Partners, with participation from Alpha Edison and the Entrepreneur Fund.

Avanan

Avanan, an enterprise security provider for SaaS-based email and collaboration platforms, has raised $25 million in Series B funding from existing investors StageOne Ventures, Magma Venture Partners and Greenfield Partners (a TPG Growth investment platform).

Momni

Momni has secured additional funding of more than $1.75 million to expand  its caresharing app — led significantly by Tamarak Capital, a Utah family office, and was accompanied by investors from Utah venture service firm RevRoad and angel investors.

TicketGuardian

TicketGuardian, an insur-tech company, announced an $8 million Series A funding round — led by American Family Ventures and IA Capital Group. This new round brings total funding to $13 million to date.

Baburajan Kizhakedath
Baburajan Kizhakedath
Baburajan Kizhakedath is the editor of InfotechLead.com. He has three decades of experience in tech media.

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