News about Silicon Valley business almost everyday.
SAN FRANCISCO — Datafold, a data reliability platform that automates the most tedious parts of data engineering workflows, has secured $20 million Series A funding round. Backed by NEA and Amplify Partners, Datafold seeks to expand its proactive approach to data reliability to help companies unlock more growth using high-quality data. “Poor data quality is the primary […]
SAN FRANCISCO — Venture capital firm 137 Ventures has announced the closing of 137 Ventures Fund V, a $350 million fund. This is the largest fund in the firm’s 10-year history and brings assets under management to approximately $2 billion. [Photo above: Partners at 137 Ventures: (L) Alex Jacobson, Justin Fishner-Wolfson, Andy Laszlo, Ching Wu, Nick Procaccini] Fund […]
SAN FRANCISCO — Point One Navigation, a provider of precision location technology, has launched out of stealth mode and closed a $10 million Series A round of funding. The round was led by UP.Partners, with participation from existing investors including BOLT, IA Ventures and Ludlow Ventures. Point One Navigation’s API is a helpful solution for […]
OAKLAND — Babylist, an e-commerce platform for baby products, has raised $40 million in Series C funding led by new investor Norwest Venture Partners, with participation from Halogen Ventures, 500 Global, Next Play Capital, and Marcy Venture Partners. Babylist says it is profitable and will use the new capital to expand its ability to serve […]
REDWOOD CITY — Reltio, which offers a software-as-a-service (SaaS) data platform for businesses, has secured $120 million in funding led by investment firm Brighton Park Capital, with participation from existing investors Crosslink Capital, NewView Capital, RPS Ventures, Sapphire Ventures, and .406 Ventures. To date, Reltio has raised $237 million in total funding and is valued […]
DUBLIN — Vagaro, a cloud-based business management platform for beauty, fitness and wellness businesses, has raised a new round of funding led by FTV Capital. Vagaro wouldn’t reveal the exact terms of the investment but said it values the company at $1 billion. With the investment from FTV Capital, Vagaro plans to focus on continued […]
MOUNTAIN VIEW — Treasure Data, an enterprise customer data platform (CDP), has secured $234 million in funding, becoming the largest-ever single funding round for a CDP. The investment is led by SoftBank Corp., the Japan-based operating company, with participation from Carbide Ventures, an investment firm founded by Treasure Data founders and long-time executives. The new capital will be […]
MOUNTAIN VIEW — Nuro, a maker of autonomous delivery vehicles, has scored a massive $600 million round of financing led by Tiger Global Management with participation from Baillie Gifford, Fidelity Management & Research Company, LLC, Gaorong Capital, Google, Kroger, SoftBank Vision Fund 1, funds and accounts advised by T. Rowe Price Associates, Inc., Woven Capital, […]
SAN FRANCISCO — Merge API Inc., the San Francisco and New York City-based company providing one API for all B2B integrations, announced the close of a $15 million Series A funding round led by Addition, with participation from existing investor NEA. The company also announced its status as a partner of BambooHR, an HR provider, and Lever, an applicant tracking system. […]
OAKLAND — Everlaw, a developer of a cloud-based legal platform for investigation and litigation, has reeled in $202 million in Series D funding, bringing the company to an overall valuation of over $2 billion. TPG Growth led the round with additional participation from H.I.G. Growth Partners and existing investors CapitalG, Menlo Ventures, Andreessen Horowitz and K9 Ventures. Mike Zappert, […]
SAN FRANCISCO — Sofar Ocean, developer of an ocean intelligence platform, has secured a $39 million Series B syndicate round with Union Square Ventures (USV) and the Foundry Group. With this funding, Sofar plans to scale its technology platform and grow its team across key regions worldwide. The funding empowers the team to execute its […]
SAN FRANCISCO — Lever, a Talent Acquisition Suite, has completed a $50 million Series D funding round with the Apax Digital Fund. The investment in Lever will accelerate solution development in talent analytics, top-of-funnel talent discovery, and diversity, equity, and inclusion (DEI) as well as support growth in new markets, and continued product innovation. Serving more than […]