Tag: funding daily

Telemedical startup Cara Care raises $7 million to treat digestive symptoms

It’s estimated that annually, gastrointestinal diseases expenditures in the U.S. total $136 billion, exceeding the nation’s yearly spending on heart disease ($113 billion), trauma ($103 billion), and mental health ($99 billion). And gut ailments affect an estimated 60 to 70 million Americans each year, resulting in over 4 million hospitalizations, 72 million ambulatory care visits, […]

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GoTenna raises $24 million to help people connect off-grid via mobile mesh networks

Mobile mesh networking platform GoTenna has raised $24 million in a mix of equity and debt funding. Peter Thiel’s Founders Fund led the series C equity element, with backing from Comcast Ventures, Union Square Ventures, Collaborative Fund, Walden VC, MentorTech, and Bloomberg Beta, while Silicon Valley Bank served as the debt financier. Founded out of […]

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Optimizely raises $50 million to expand its A/B testing and experimentation platform

Optimizely, a testing platform that helps businesses experiment with new features inside their websites and apps, has raised $50 million in a series D round of funding from Goldman Sachs Private Capital investing and Accenture Ventures. The company also announced it has extended an existing line of credit with Bridge Bank by an extra $55 […]

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Hazelcast raises $21 million for high-speed, low-latency memory

Hazelcast, a seven-year-old Palo Alto, California-based startup developing a speedy in-memory computing platform, today announced that it’s raised $21 million in series C financing led by new investor C5 Capital, with contributions from Bain Capital Ventures, Earlybird Venture Capital, and Capital One Growth Ventures. This latest round brings the company’s total raised to $37.6 million, […]

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Ironscales raises $15 million to defeat phishing attacks with AI

Ironscales, a Tel Aviv and Atlanta startup developing a holistic phishing prevention, detection, and response platform, today revealed that it’s secured $15 million in series B financing led by K1 Investment Management. The newfound funds bring the company’s total raised to over $25 million, and founder and CEO Eyal Benishti says the money will be […]

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Cybersecurity risk-monitoring platform SecurityScorecard nabs $50 million

Cybersecurity risk-monitoring platform SecurityScorecard has raised $50 million in a series D round of funding led by Riverwood Capital, with participation from Intel Capital, Evolution Equity, Two Sigma, Axa Ventures, and Accomplice, among others. The company didn’t confirm whether previous investors — including Alphabet’s GV and Sequoia Capital — participated in this round. Founded out of New […]

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Helium raises $15 million to float fee-free, peer-to-peer networking

Cellphone plans are expensive. The average person spends about $80 per month on data, according to price comparison engine Flipsy, which amounts to around $57,600 over 60 years. Unsurprisingly, an estimated 53% of young adults aged 20-30 opt to stick with a parent’s subscription rather than shell out for a pricey single line. That’s why […]

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Vade raises $79 million to shield email inboxes from phishing attempts, malware, and spam

Vade Secure, a France and Boston company developing an email filtering stack designed to protect against phishing, malware, and spam, today announced that it’s entered into a €70 million ($79 million) financing agreement with General Catalyst and Neolane founder Stephan Dietrich (who will serve as Vade’s board chairman), following the closure of a €10 million […]

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Testim raises $10 million to bring its automated software testing to native mobile apps

Automated software testing platform Testim has raised $10 million in a series B round of funding led by SignalFire, with participation from Lightspeed Venture Partners, Meron Capital, NHN Ventures, and Spider Capital. Founded in 2014, Testim is one of a number of startups offering companies artificial intelligence (AI)-based tools to continuously test their software. Indeed, quality […]

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SignalFx raises $75 million to monitor cloud apps, services, and environments in real time

Cloud computing’s growth shows no sign of plateauing, and that’s particularly true of segments like ecommerce, retail, transportation, finance, consumer products, enterprise, and health care. Analysts at Gartner anticipate that by 2022, more than 75% of global organizations will be running containerized apps in production, up from fewer than 30 percent today. And according to […]

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BetterUp, a career and life coaching platform for employees, raises $103 million

San Francisco-based career coaching startup BetterUp has raised $103 million in a series C round of funding led by Lightspeed Venture Partners, with participation from Threshold Ventures, Crosslink Capital, Tenaya Capital, Freestyle Capital, and Silicon Valley Bank. Launched in 2016, BetterUp is a mobile-first platform that connects workers with certified coaches who work with individuals […]

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Apollo raises $22 million for GraphQL tools and services

Apollo, a San Francisco-based startup maintaining a family of GraphQL development tools, this morning revealed that it’s secured $22 million in growth funding co-led by Andreessen Horowitz and Matrix Partners, with participation from existing investors Trinity Ventures and Webb Investment Network. This latest round of financing builds on earlier rounds totaling $31.2 million, and brings […]

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Misfits Market raises $16.5 million to find homes for ugly food

The burgeoning “ugly food” market is gaining steam, with New York-based Misfits Market today announcing it has raised $16.5 million in a series A round of funding led by GreenOaks Capital. Around a third of food produced globally each year is either lost or wasted, as reported by the United Nations’ Food and Agriculture Organization. […]

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Novaquark raises $11.2 million for fan-created Dual Universe online game

French video game developer Novaquark has raised $11.2 million in funding for its fan-created Dual Universe science fiction massively multiplayer online game. The money comes from Andurance Ventures and Azom Partners, and it is in addition to the company’s previous $11.4 million in Kickstarter crowdfunding from August 2018. Paris-based Novaquark will use the money to […]

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Pryon raises $20 million to automate enterprise workloads with AI

Pryon, a Raleigh, North Carolina-based provider of AI-powered tools targeting enterprise, today announced that it’s raised $20 million in a series A funding round in partnership with Revolution’s Rise of the Rest Seed Fund, with participation from Breyer Capital and Digital Alpha Advisors. The capital infusion follows on the heels of a $4.5 million seed […]

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Brex raises $100 million at $2.6 billion valuation for startup-friendly credit card

It has been a whirlwind 12 months for fledgling fintech startup Brex, which launched last June with $57 million in funding from some big-name investors, including PayPal’s founders and Y Combinator. Brex, which has created a corporate credit card for startups and scale-ups, raised another $125 million series C round in October, at a valuation […]

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Fireblocks raises $16 million to securely transition digital assets to blockchain

Digital asset theft is on the rise, enabled at least in part by poorly secured credentials and APIs. Over $3 billion in assets were stolen by hackers in the past 18 months alone, and recently, cryptocurrency exchange Binance lost $40 million in bitcoin as the result of an insecure virtual wallet. Furthermore, cyber security firm […]

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Microsoft’s M12 leads $25 million investment in API marketplace RapidAPI

RapidAPI, a developer-focused marketplace for discovering and connecting with application programming interfaces (APIs), has raised $25 million in a series B round of funding led by Microsoft’s venture capital arm M12, with participation from Andreessen Horowitz, Green Bay Capital, and DNS Capital. Founded in 2015, San Francisco-based RapidAPI connects developers with thousands of public APIs, […]

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Infarm raises $100 million to expand its urban farming platform to the U.S. and beyond

Infarm, a Germany-based startup that distributes “modular farms” to grocery stores and other urban locations, has raised $100 million in a series B round of equity and debt funding led by Atomico, with participation from existing investors including Balderton Capital, Cherry Ventures, Astanor Ventures, and TriplePoint Capital. The CO2 emissions produced by growing, farming, and […]

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Scoutbee raises $12 million to match companies with suppliers

Procuring parts and settling on suppliers are two of the most challenging undertakings in supply chain management, it’s safe to say. Companies aren’t always transparent about their networks and capacities, and short of conducting exhaustive searches and validating each candidate individually, the solutions are few and far between. That’s why, in 2015, four German entrepreneurs […]

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