Posts filtered by tags: Recent Funding[x]


 

Alba Orbital’s mission to image the Earth every 15 minutes brings in $3.4M seed round

Orbital imagery is in demand, and if you think having daily images of everywhere on Earth is going to be enough in a few years, you need a lesson in ambition. Alba Orbital is here to provide it with its intention to provide Earth observation at intervals of 15 minutes rather than hours or days — and it just raised $3.4M to get its next set of satellites into orbit. Alba attracted our attention at Y Combinator’s latest demo day; I was impressed with the startup’s accomplishment of already having ...
Tags: Fundings & Exits, Startups, TC, Gadgets, Y Combinator, Space, Hardware, California, Funding, Tech, Earth, Aerospace, Planet, James Park, Unicorn, Alba


Legionfarm, pairing pro gamers with amateurs, raises $6 million Series A

Legionfarm, the gaming platform that lets gamers play with pro players in their favorite games, has today announced the close of a $6 million Series A round. Investors in the round include SVB, Y Combinator, Scrum VC, Kevin Lin, Altair Capital, Ankur Nagpal and more. Legionfarm launched out of Y Combinator at the beginning of last year with a mission to give pro players a way to generate income and amateur players the chance to get better by playing with a pro coach. It started out with an a la ...
Tags: Startups, Gaming, Y Combinator, Entertainment, Tech, Yc, Battle Royale, Recent Funding, Ankur Nagpal, Legionfarm, Alex Belyankin, SVB Y Combinator Scrum VC Kevin Lin Altair Capital


SpecTrust raises millions to fight cybercrime with its no-code platform

Risk defense startup SpecTrust is emerging from stealth today with a $4.3 million seed raise and a public launch. Cyber Mentor Fund led the round, which also included participation from Rally Ventures, SignalFire, Dreamit Ventures and Legion Capital. SpecTrust aims to “fix the economics of fighting fraud” with a no-code platform that it says cuts 90% of a business’ risk infrastructure spend that responds to threats in “minutes instead of months.”  “In January of 2020, I got a bug in m...
Tags: Security, Fundings & Exits, Startups, TC, Ebay, Funding, Startup, Tech, Risk, Banking, Cybercrime, Venture Capital, Fintech, Credit Card Fraud, Identity Theft, Don


BluBracket nabs $12M Series A to expand source code security platform

BluBracket, an early stage startup that focuses on keeping source code repositories secure, even in distributed environments, announced a $12 million Series A today. Evolution Equity Partners led the round with help from existing investors Unusual Ventures, Point72 Ventures, SignalFire and Firebolt Ventures. When combined with the $6.5 million seed round we reported on last year, the company has raised $19.5 million so far. As you might imagine, being able to secure code in distributed environme...
Tags: Security, Startups, TC, Cloud, Enterprise, Developer, Funding, Tech, Priceline, Arora, HelpSystems, Ajay Arora, Evolution Equity Partners, Linga, Recent Funding, Prakash Linga


Upsie’s direct-to-consumer swing at the warranty space nets $18.2M

Upsie, a consumer warranty startup, has raised $18.2 million in a Series A round led by True Ventures.  The financing brings the total raised for the St. Paul, Minnesota-based startup to $25 million since its 2015 inception. A large group of investors participated in the round, including Concrete Rose VC, Avanta Ventures, Kapor Capital, Samsung Next, Massive, Backstage Capital, Awesome People Ventures, Draft Ventures, Matchstick Ventures, M25, Silicon Valley Bank and Uncommon VC, among othe...
Tags: Google, Fundings & Exits, Startups, TC, Facebook, Apps, Minnesota, Finance, Funding, Samsung, Startup, Tech, Atlanta, Georgia, Economy, Smartphone


Atomized lands $500K pre-seed to help developers deploy infrastructure faster

Atomized, an early stage startup that wants to create a modern tool to help developers deploy infrastructure faster, announced the first step of its funding journey today, a $500,000 pre-seed round from Zing Capital, Y Combinator and several unnamed angels. Company co-founder and CEO Nik Kotov says developers are spending over 20% of their time on setting up the necessary infrastructure just to run their applications, and he and his co-founder and CTO Eddie Herbert believed there had to be a bet...
Tags: Startups, TC, Cloud, Y Combinator, Developer, Russia, Funding, Tech, Aws, Silicon Valley, Estonia, Cto, Atomized, Charlotte, Developer Tools, Charlotte North Carolina


Sanlo raises $3.5M to help apps and games gain access to financial insights and capital

Having a great idea for an app or game is one thing, but scaling it to become a successful business is quite another. A new fintech startup called Sanlo aims to help. The company, which is today announcing an oversubscribed $3.5 million seed round, offers small to medium-sized game and app companies access to tools to manage their finances and capital to fuel their growth. To be clear, Sanlo is not an investor that’s taking an equity stake in the apps and games it finances. Instead, it’s offerin...
Tags: Startups, Mobile, Gaming, Apps, Finance, Funding, San Francisco, Tech, EA, Earnest, Financing, Fintech, Silicon Valley Bank, Index, Financial Technology, Liu


Collective, a back-office platform for the self-employed, raises $20M from Ashton Kutcher’s VC

With so much focus on the “creator economy”, and countries hit by the effects of the pandemic, the self-employed market is “booming”, for good or for ill. So it’s not too much of a surprise that Collective, a subscription-based back-office platform for the self-employed has raised a $20 million Series A funding after launching only late last year. The round was led by General Catalyst and joined by Sound Ventures (the venture capital fund founded by Ashton Kutcher and Guy Oseary). Collective has...
Tags: Startups, TC, Finance, Tech, United States, Ashton Kutcher, Financial Services, Pilot, Twitch, General Catalyst, Upwork, Freelancer, Aaron Levie, Kevin Lin, Kabam, Collective


Brazil’s Divibank raises millions to become the Clearbanc of LatAm

Divibank, a financing platform offering LatAm businesses access to growth capital, has closed on a $3.6 million round of seed funding led by San Francisco-based Better Tomorrow Ventures (BTV). São Paulo-based Divibank was founded in March 2020, right as the COVID-pandemic was starting. The company has built a data-driven financing platform aimed at giving businesses access to non-dilutive capital to finance their growth via revenue-share financing. “We are changing the way entrepreneurs scale th...
Tags: Google, Fundings & Exits, Startups, TC, Ecommerce, Business, Entrepreneurship, Finance, Funding, San Francisco, Entrepreneur, Startup, Tech, Banking, E-commerce, Economy


Disease-related risk management is now a thing, and this young startup is at the forefront

Charity Dean has been in the national spotlight lately because she was among a group of doctors, scientists and tech entrepreneurs who sounded the pandemic alarm early last year and who are featured in a new book by Michael Lewis about the U.S. response, called The Premonition. It’s no wonder the press — and, seemingly moviemakers, too — are interested in Dean. Surgery is her first love, but she also studied tropical diseases and not only applied what she knows about outbreaks on the front lines...
Tags: Health, Startups, TC, California, Oregon, China, Africa, Tech, Risk Management, Public Health, United States, SaaS, Venture Capital, Disease, Michael Lewis, Venrock


Cybersecurity startup Panaseer raises $26.5M Series B led by AllegisCyber Capital

Panaseer, which takes a data science approach to cybersecurity, has raised $26.5 million in a Series B funding led by AllegisCyber Capital. Existing investors, including Evolution Equity Partners, Notion Capital, AlbionVC, Cisco Investments and Paladin Capital Group, as well as new investor National Grid Partners, also participated. Panaseer has now raised $43 million to date. Panaseer’s special sauce and sales pitch amount to what it calls “Continuous Controls Monitoring” (CCM). In plainer Engl...
Tags: Security, Startups, TC, Europe, Tech, Cybersecurity, Cybercrime, Information Technology, Computing, Fireeye, Security tools, Cyberwarfare, Computer Security, Notion Capital, Network Management, Solarwinds


CircleCI announces $100M Series F on $1.7B valuation along with Vamp acquisition

CircleCI, the continuous delivery pioneer, announced a $100 million Series F today on a $1.7 billion valuation. At the same time, the company announced it has acquired Vamp, a release orchestration startup that should fit nicely in the CircleCI platform. The companies did not share the purchase price. The funding was led by Greenspring Associates with participation from Eleven Prime, IVP, Sapphire Ventures, Top Tier Capital Partners, Baseline Ventures, Threshold, Scale, Owl Rock and Next Equity ...
Tags: Startups, TC, Cloud, Developer, Funding, Tech, Amsterdam, Mergers and Acquisitions, CircleCI, Rose, Developer Tools, Greenspring Associates, Jim Rose, Vamp, Continuous Delivery, Recent Funding


Cycode raises $20M to secure DevOps pipelines

Israeli security startup Cycode, which specializes in helping enterprises secure their DevOps pipelines and prevent code tampering, today announced that it has raised a $20 million Series A funding round led by Insight Partners. Seed investor YL Ventures also participated in this round, which brings the total funding in the company to $24.6 million. Cycode’s focus was squarely on securing source code in its early days, but thanks to the advent of infrastructure as code (IaC), policies as code an...
Tags: Security, Fundings & Exits, Startups, TC, Enterprise, Funding, Israel, United States, Levy, Aws, Software Development, Github, Devops, Security tools, Bitbucket, Software Engineering


Led by ex-Amazonians, Acquco raises $160M to buy and scale e-commerce businesses

There has been a flurry of investments in startups focused on acquiring third-party sellers on Amazon and helping them build their businesses. The latest is Acquco, which aims to stand out from the others in that it was formed by a pair of founders — Raunak Nirmal and Wiley Zhang — who actually worked at Amazon, and then built multimillion-dollar businesses on its platform. The New York City-based startup has raised $160 million in debt and equity in a Series A round that it says will fund ...
Tags: Amazon, Fundings & Exits, Startups, TC, Ecommerce, Publishing, China, Funding, New York City, Godaddy, Startup, Supply Chain, E-commerce, United States, Philippines, Mexico City


Signaling that privacy is coming to DeFi, Sienna Network raises $11.2M for its platform

Last week we saw some major backing of the Secret Network blockchain, as significant blockchain players Arrington Capital and Blocktower Capital invested in the privacy-first smart contract platform. What this is signaling is the rise of privacy-oriented financial blockchain projects, which are crucial if “DeFi” (decentralized finance) is to have any kind of future. We have come to expect privacy in our “normal” financial lives, so we will expect it in the blockchain world. Today there’s a new s...
Tags: Startups, TC, Europe, Finance, Tech, Broker, Cryptocurrencies, Ethereum, Blockchain, Sienna, Monty Munford, Distributed Computing, Crypto economy, BlockTower Capital, The DAO, Smart Contract


Tiger Global is betting that more schools are going to share future student earnings

Income-share agreements, or ISAs, are a way to bring flexibility to the often steep financial costs of higher education. The financial model allows a student to learn at zero upfront cost, and then pay any costs through a percentage of future income over time. While the model has caught fire from a variety of trade schools and bootcamps, it’s a hard service to offer at scale. It required underwriting a risky group of people — and that costs money. Just last week, a leader in the ISA space Lambda...
Tags: Startups, TC, Y Combinator, Education, Lgbt, San Francisco, Tech, Isa, Tiger Global, Edtech, Higher Ed, Blair, Sam Hodges, Lambda School, Recent Funding, Ankur Nagpal


Metafy adds $5.5M to its seed round as the market for games coaching grows

This morning Metafy, a distributed startup building a marketplace to match gamers with instructors, announced that it has closed an additional $5.5 million to its $3.15 million seed round. Call it a seed-2, seed-extension or merely a baby Series A; Forerunner Ventures, DCM and Seven Seven Six led the round as a trio. Metafy’s model is catching on with its market. According to its CEO Josh Fabian, the company has grown from incorporation to gross merchandise volume (GMV) of $76,000 in around nine...
Tags: Fundings & Exits, Startups, TC, Gaming, Tech, League Of Legends, DCM, TechCrunch, Forerunner Ventures, Don, Fabian, Recent Funding, Seven Seven Six, Metafy, Forerunner Ventures DCM, Josh Fabian


Lightmatter’s photonic AI ambitions light up an $80M B round

AI is fundamental to many products and services today, but its hunger for data and computing cycles is bottomless. Lightmatter plans to leapfrog Moore’s law with its ultra-fast photonic chips specialized for AI work, and with a new $80M round the company is poised to take its light-powered computing to market. We first covered Lightmatter in 2018, when the founders were fresh out of MIT and had raised $11M to prove that their idea of photonic computing was as valuable as they claimed. They spent...
Tags: Google, Amazon, Fundings & Exits, Startups, TC, Gadgets, Hardware, Boston, Funding, Tech, Intel, Mit, Artificial Intelligence, Nvidia, Machine Learning, Mountain View


Oculii looks to supercharge radar for autonomy with $55M round B

Autonomous vehicles rely on many sensors to perceive the world around them, and while cameras and lidar get a lot of the attention, good old radar is an important piece of the puzzle — though it has some fundamental limitations. Oculii, which just raised a $55M round, aims to minimize those limitations and make radar more capable with a smart software layer for existing devices — and sell its own as well. Radar’s advantages lie in its superior range, and in the fact that its radio frequency beam...
Tags: Fundings & Exits, Startups, TC, Gadgets, Transportation, Hardware, Funding, Tech, Automotive, Autonomous Vehicles, Self-driving Cars, Radar, Lidar, Eagle, Falcon, Hong


From bootstrapped to a $2.1B valuation, ReCharge raises $227M for subscription management platform

ReCharge , a provider of subscription management software for e-commerce, announced today that it has raised $227 million in a Series B growth round at a $2.1 billion valuation.  Summit Partners, ICONIQ Growth and Bain Capital Ventures provided the capital. Notably, Santa Monica, California-based ReCharge was bootstrapped for several years before raising $50 million in a previously undisclosed Series A from Summit Partners in January of 2020. And, it’s currently cash flow positive, accordi...
Tags: Food, Fundings & Exits, Startups, TC, Cloud, Ecommerce, Europe, California, Funding, Startup, Tech, E-commerce, Software, SaaS, Venture Capital, Harry


Figure raises $7.5M to help startup employees better understand their compensation

The topic of compensation has historically been a delicate one that has left many people — especially startup employees — wondering just what drives what can feel like random decisions around pay and equity. Last June, software engineers (and housemates) Miles Hobby and Geoffrey Tisserand set about trying to solve the problem for companies by developing a data-driven platform that aims to help companies structure their compensation plans and transparently communicate them to candidates. Now...
Tags: Fundings & Exits, Startups, Uber, Entrepreneurship, Finance, Funding, Startup, Economy, Artificial Intelligence, Venture Capital, Reddit, Private Equity, Silicon Valley, Khan, Talent, Instacart


Una Brands launches with $40M to roll up brands on multiple Asia-Pacific e-commerce platforms

Una Brands’ co-founders (from left to right): Tobias Heusch, Kiren Tanna and Kushal Patel. Una Brands Una Brands One of the biggest funding trends of the past year is companies that consolidate small e-commerce brands. Many of the most notable startups in the space, like Thrasio, Berlin Brands Group and , focus on consolidating Amazon Marketplace sellers. But the e-commerce landscape is more fragmented in the Asia-Pacific region, where sellers use platforms like Tokopedia, Lazada, Shopee, Rak...
Tags: Amazon, Fundings & Exits, Startups, TC, Ecommerce, Asia, Indonesia, Australia, Southeast Asia, Singapore, Tech, West, United States, Asia Pacific, Foodpanda, 500 Startups


Supercell likes Metacore’s games so much it just gave it another $180M credit line

Metacore, a Finnish mobile games company, seems to have an amazing ‘relationship’ with Supercell, another (quite successful) Finnish mobile games company. Back in September 2020, Metacore raised $17.7 million in equity from Supercell and another $11.8 million line of credit, sometimes also called a debt round. That amazing relationship appears to be ongoing. Because Metacore has now raised yet another debt round from Supercell, but this time for €150 million ($180 million). These guys really lik...
Tags: Startups, TC, Gaming, Europe, Tech, Supercell, Video Gaming, Recent Funding, Metacore, Merge Mansion, Mika Tammenkoski


Music mixing marketplace EngineEars raises $1M, with help from Kendrick Lamar

EngineEars today announced a $1 million raise. The company’s first round of funding features investments from Kendrick Lamar, DJ Mustard, Roddy Rich and Slauson and Co. “Quality of sound is still important in music,” Lamar said in a quote provided to TechCrunch. “Ali has always been a progressive thinker. Engineers will transcend the culture.” The service was launched in 2018 by Grammy winner Derek “MixedByAli” Ali, who has worked on a slew of high-profile tracks from artists including Lamar, ...
Tags: Startups, Music, Entertainment, Funding, Tech, Kendrick Lamar, Mixing, Ali, Snoop Dogg, Derek, Lamar, Slauson, Recent Funding, Derek “MixedByAli” Ali, EngineEars, Kendrick Lamar DJ Mustard Roddy Rich


How 4 New Jersey pools turned into a startup that just raised $10M

As the oldest of 12 children, Bunim Laskin spent much of his teen years looking for ways to help keep his siblings entertained. Noticing that a neighbor’s pool was often empty, Laskin reached out to ask if his family could use her pool. To make it worth her while, he suggested that they could help cover her expenses for maintaining the pool. Soon after, five other families had made the same arrangement with her and the pool owner had six families covering 25% of her expenses. This meant that ...
Tags: Google, Fundings & Exits, Startups, TC, Renting, Entertainment, Australia, California, Cdc, Oregon, Funding, Sports, Startup, Tech, Ceo, Canada


Timescale grabs $40M Series B as it goes all in on cloud version of time series database

Timescale, makers of the open source TimescaleDB time series database, announced a $40 million Series B financing round today. The investment comes just over two years after it got a $15 million Series A. Redpoint Ventures led today’s round with help from existing investors Benchmark, New Enterprise Associates, Icon Ventures and Two Sigma Ventures. The company reports it has now raised approximately $70 million. TimescaleDB lets users measure data across a time dimension, so anything that would ...
Tags: Startups, TC, Open Source, Cloud, Enterprise, Funding, New York City, Tech, SaaS, Antarctica, Redpoint Ventures, Postgres, Two Sigma Ventures, Timescale, Ajay Kulkarni, Time Series Database


Cased announces $2.25M seed round to help developers work in production environments

An issue every developer faces is dealing with problems on a live application without messing it up. In fact, in many companies such access is restricted. Cased, an early stage startup, has come up with a solution to provide a way to work safely with the live application. Today, the company announced a $2.25 million seed round led by Founders Fund along with a group of prestigious technology angel investors. The company also announced that the product is generally available to all developers tod...
Tags: Startups, TC, Developer, Funding, Tech, Github, Founders Fund, Seed Funding, Developer Tools, Byrne, Jeff Lawson, Bryan Byrne, Recent Funding, Cased


Fitness ring maker Oura raises $100M

It’s been a wild couple of years for Oura. Last year, in particular, proved to be a major driver for the wearable fitness manufacturer. With the pandemic bringing professional sports to a screeching halt in 2020, a number of major leagues have adopted the ring, including the NBA, WNBA, UFC and NASCAR. The company has also been making a major push into health research courtesy of UCSF, which has published peer-review studies around the ring’s temperature monitor. That feature in particular has ma...
Tags: Health, Startups, Wearables, Hardware, Fitness, Funding, Tech, Nascar, UCSF, Eisai, Chernin Group, Elysian Park, The Chernin Group, OURA, Eurie Kim, Tommi Heinonen


HoneyBook raises $155M at $1B+ valuation to help SMBs, freelancers manage their businesses

HoneyBook, which has built out a client experience and financial management platform for service-based small businesses and freelancers, announced today that it has raised $155 million in a Series D round led by Durable Capital Partners LP. Tiger Global Management, Battery Ventures, Zeev Ventures, 01 Advisors as well as existing backers Norwest Venture Partners and Citi Ventures also participated in the financing, which brings the New York-based company’s valuation to over $1 billion. With th...
Tags: Fundings & Exits, Startups, Business, New York, Small Business, Entrepreneurship, Funding, Articles, Tel Aviv, Tech, Ceo, Economy, Canada, United States, SaaS, Venture Capital


Persona lands $50M for identity verification after seeing 10x YoY revenue growth

The identity verification space has been heating up for a while and the COVID-19 pandemic has only accelerated demand with more people transacting online. Persona , a startup focused on creating a personalized identity verification experience “for any use case,” aims to differentiate itself in an increasingly crowded space. And investors are banking on the San Francisco-based company’s ability to help businesses customize the identity verification process — and beyond — via its no-code platf...
Tags: Travel, Fundings & Exits, Startups, TC, Funding, San Francisco, Startup, Tech, Artificial Intelligence, SaaS, Venture Capital, Machine Learning, Song, Driver, Persona, Index Ventures