News Venture Capital

Menlo Ventures Leads $70 Million Round in Chai Discovery

SAN FRANCISCO — Chai Discovery, an AI company that predicts and reprograms the interactions between biochemical molecules to accelerate life-changing therapeutics, has secured a $70 million Series A financing round. The round was led by Menlo Ventures, including investment from their Anthology Fund, a joint partnership with Anthropic to identify and back promising AI companies, […]

News Venture Capital

OLarry Nabs $10 Million Series A

MARIN — OLarry, an AI-powered tax firm for the next generation of high-net-worth individuals and businesses, has raised a $10 million Series A round led by TTV Capital and joined by Walkabout Ventures and Marin Sonoma Impact Ventures, bringing the company’s total funding to $14.5 million. OLarry bridges the gap between DIY tax preparation and ultra-high-net-worth, hourly tax advisory, […]

News Venture Capital

Lyric Sings With $43.5 Million Round

SUNNYVALE — Lyric, an AI-powered platform transforming supply chain decision making, has raised $43.5 million in Series B funding. The round was led by Insight Partners, with participation from Primary Venture Partners, Permanent Capital Ventures, VMG Partners, PSP Growth and NewBuild Venture Capital. Lyric says its revenue has grown 500% since emerging from stealth 18 […]

News Venture Capital

Promptfoo Lands $18.4 Million

SAN FRANCISCO — Promptfoo, an open‑source framework for AI red‑teaming and security testing, has landed an $18.4 million Series A financing led by Insight Partners, with participation from existing investor Andreessen Horowitz. Founded in 2024, Promptfoo is steadily gaining recognition as an emerging standard for robust AI security testing, with over 100,000 developers using its open source tools and […]

News Venture Capital

Metaforms Grabs $9 Million Round

SAN FRANCISCO — The market research boom is creating an unexpected casualty: the agencies themselves. In an industry where clients expect faster turnarounds, competitive pricing, and diverse capabilities, agencies are turning down work – not for lack of interest, but because outdated operational systems keep them from meeting client expectations. Metaforms, a startup born from […]

News Venture Capital

Prophet Security Secures $30 Million Series A

MENLO PARK — Prophet Security, a developer of agentic AI for Security Operations Centers (SOCs), has raised $30 million in a Series A funding round led by Accel, with participation from Bain Capital Ventures. The funding will accelerate Prophet Security’s platform expansion and go-to-market strategy, as the company brings the future of security operations into […]

News Venture Capital

Wallarm Secures $55 Million Series C

SAN FRANCISCO — Wallarm, a provider of API and AI security, has closed $55 million in Series C investment led by Toba Capital. The funding will allow Wallarm to continue scaling its top line and innovating ahead of the curve in the API Security market by extending the company’s offering to further protect APIs in the AI […]

News Venture Capital

Promptfoo Rakes In $18.4 Million Series A

SAN FRANCISCO — Promptfoo, an open‑source framework for AI red‑teaming and security testing, has landed an $18.4 million Series A financing led by Insight Partners, with participation from existing investor Andreessen Horowitz. Founded in 2024, Promptfoo is steadily gaining recognition as an emerging standard for robust AI security testing, with over 100,000 developers using its open source tools and adoption […]

News Venture Capital

Kleiner Perkins Leads $150 Million Round in Motive

SAN FRANCISCO – Motive, an AI-powered Integrated Operations Platform, has raised $150 million in a new funding round led by Kleiner Perkins, with participation from both existing investors and new investor AllianceBernstein. This additional capital will enable Motive to accelerate growth by further expanding its AI capabilities, scaling internationally, and sustaining momentum with enterprise customers. As […]

News Venture Capital

Prophet Security Raises $30 Million Series A

MENLO PARK — Prophet Security, a pioneer in agentic AI for Security Operations Centers (SOCs), has raised $30 million in a Series A funding round led by Accel, with participation from Bain Capital Ventures. The funding will accelerate Prophet Security’s platform expansion and go-to-market strategy, as the company brings the future of security operations into […]

News Venture Capital

SAFE Secures $70 Million Series C

PALO ALTO — SAFE, a provider of Cyber Risk Quantification (CRQ) and the first company to deliver fully autonomous Third-Party Risk Management (TPRM), has raised a $70 million Series C funding round. The round was led by Avataar Ventures, with participation from Susquehanna Asia Venture Capital, NextEquity Partners, Prosperity7 Ventures, and existing investors including Eight Roads, John Chambers and Sorenson […]

News Venture Capital

Oxide Scores $100 Million Series B

EMERYVILLE — Oxide Computer Company, an on-prem cloud computing company, has raised a $100 million Series B financing round led by Thomas Tull’s US Innovative Technology Fund (USIT), with participation from all existing investors. The funding more than doubles Oxide’s capital raised to date and will enable the company to scale manufacturing, expand customer support, and accelerate roadmap […]