T-REX Closes Strategic Funding Round from Citi, Westly, and Viola Fintech

T-REX, the leading analytics and data solution for complex investments, today announced a new funding round led by Citi (NYSE:C), the Westly Group, and Viola Fintech, with participation from innogy (ETR:IGY) and Macquarie Capital. T-REX fills a critical technology gap for this $30 trillion market by digitizing and standardizing data and unifying workflow. The new funding will accelerate expansion of T-REX’s enterprise data management service and analytics platform for institutional investors, banks, and asset originators across alternative markets.

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Timothy Wang
MyHealthTeams Raises $9.44 Million in Financing Round Led By Strategic Investor UCB

MyHealthTeams, creator of the largest and fastest-growing social networks for people facing chronic health conditions, announced it has raised $9.44 million in a Series B financing round led by strategic investor UCB, a global biopharmaceutical company. The new funds will be used to fuel MyHealthTeams’ continued growth, including expansion of the company’s existing social networks as well as the launch of additional social networks that make it easy for people diagnosed with a chronic disease to connect with others living with similar challenges and to find relevant, objective information about managing their health.

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Timothy Wang
Procore to Acquire Honest Buildings to Enhance Project Management for Owners

Procore Technologies, Inc., a leading provider of construction management software, today announced it has entered an agreement to acquire Honest Buildings, Inc., a leading provider of project management software for owners and developers. This acquisition will allow Procore to create the construction industry's first full-stack platform to manage projects from start to finish. Together, the companies will use their platforms to create unified financials and cost tracking from the first dollar in from the investor or lender to its final spend at the subcontractor or material provider level.

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Timothy Wang
Gecko Robotics adds $7 million to the coffers

The Westly Group's new portfolio company, Gecko Robotics,  aims to save human lives at our nation’s power plants with its wall-climbing robots. To continue doing so, the startup tells TechCrunch it has just secured $7 million from a cadre of high-profile sources, including Founders Fund, Mark Cuban, The Westly Group, Justin Kan and Y Combinator.

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Timothy Wang
Westly Group Raises Fund III: $130 Million in Clean Technology

Utility giants including Innogy SE and Duke Energy Corp. are among the anchor investors in a new $130 million fund raised by Silicon Valley venture capital firm the Westly Group. Other investors include energy companies CLP Holdings Ltd.American Electric Power Co.Chubu Electric Power Co. and tire-maker Bridgestone Corp., said Steve Westly, founder and managing partner of the Westly Group.

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Timothy Wang