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VC funding: Fair, Tesorio, PacketFabric, Platform9, WebPT

Fair, Tesorio, PacketFabric, Bond Financial Technologies, Teslar Software by 3E, WebPT, Interface Fluidics, Platform9 and PlaceIQ announced their latest VC funding from venture capital companies.
VC funding in technology cosTesorio

Tesorio has raised $10 million in its Series A funding round led by Madrona Venture Group with participation from existing investors including First Round Capital, Floodgate, Y Combinator, Fathom Capital, and Fuel Capital.

PacketFabric

PacketFabric, a network service provider, announced a $75 million joint venture investment from Digital Alpha Advisors.

Teslar Software by 3E

Teslar Software by 3E, a provider of automated workflow and portfolio management tools, announced that the Independent Community Bankers of America (ICBA) has invested in their company, bringing the total seed capital raised to $2 million.

WebPT

WebPT, a rehab-therapy software platform for enhancing patient care, announced private-equity firm Warburg Pincus will make a significant investment in the company by buying the stake of Battery Ventures.

Interface Fluidics

Interface Fluidics has raised $4.5 million in its Series A funding from Equinor, an energy company, and Techstars, a global accelerator. Interface’s technology platform enables operators to analyze downhole chemicals to evaluate the mechanisms and viability in increasing oil recovery.

Bond Financial Technologies

Bond Financial Technologies has raised $10 million led by Canaan, with participation from Coatue and angel investors including Sarah Friar, Steve Frieberg, Ryan Peterson and Eric Yuan.

Fair

Vehicle subscription app Fair has closed a $100 million debt facility and an equity investment from Ally Financial. Last year, Fair raised $385 million in Series B – led by SoftBank with participation of Exponential Ventures, Munich Re Venture’s ERGO Fund, G Squared, Expanding Capital and CreditEase.

Platform9

Platform9, a SaaS-managed hybrid cloud company, has raised $25 million in Series D funding — led by NGP Capital, with participation from Mubadala Ventures and all existing investors including Redpoint Ventures, Menlo Ventures, Canvas Ventures, and HPE
Pathfinder. Platform9 raised $61.5 million to date.

PlaceIQ

PlaceIQ, a company building a new model of consumer behavior with location data, has received financial investment from Experian, the global information services company.

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