PALO ALTO — Drip Capital, a digital cross-border trade finance platform for small and medium businesses (SMBs), has raised $175 million in new capital to power its next phase of growth. Funds raised include a $40 million Series C investment and $135 million in warehouse debt facilities. To date, with this fundraise, Drip Capital has raised about $525 million in […]
Venture Capital
Seniorly Raises $6.5 Million Series A
SAN FRANCISCO — Seniorly has raised a $6.5 million Series A round led by Formation Capital. Founded in 2014, Seniorly helps families and older adults find the right senior living for their needs and budget. Through its online platform, Seniorly provides access to thousands of senior living communities, expert insights, and personalized recommendations based search […]
Yugabyte Closes $188 Million Series C
SUNNYVALE — Yugabyte, a developer of open source distributed SQL databases, has closed $188 million in an oversubscribed Series C funding round. The round, led by Sapphire Ventures, includes participation from Alkeon Capital, Meritech Capital, and Wells Fargo Strategic Capital, as well as existing investors Lightspeed Venture Partners, 8VC, Dell Technologies Capital, Wipro Ventures, and others. The round, which comes seven months […]
ClickHouse Clicks On $250 Million Round
SAN FRANCISCO — ClickHouse, Inc., creators of the online analytical processing (OLAP) database management system, has raised $250 million in Series B funding at a $2 billion valuation. The investment was led by Coatue and Altimeter, with participation from Index Ventures, Benchmark, Lightspeed, Redpoint, Almaz, Yandex N.V., FirstMark and Lead Edge. ClickHouse is an open-source, […]
Medable Secures $304 Million Series D
PALO ALTO — Medable Inc., a cloud platform for patient-centered clinical research, has secured $304 million in Series D funding to accelerate global adoption of digital and decentralized clinical trials, enabling ubiquitous access to the latest treatments for every body and every biology. The funding round was co-led by new investors Blackstone Growth and Tiger Global and existing […]
Fellow Finds $24 Million Series A
SAN FRANCISCO – Fellow, which operates a meeting productivity and team management platform, has raised $24 million in Series A funding led by Craft Ventures, with participation from iNovia, Felicis, Garage Ventures, Formentera and SVB. The funding will enable Fellow to empower managers and their teams to run productive meetings through collaborative agendas, assigned action items, and an […]
Rapid Silicon Reels In $15 Million Seed Round
SAN JOSE — Rapid Silicon, a provider of AI-enabled application-specific Field Programmable Gateway Arrays (FPGAs) based on open-source technology, has announced $15 million in seed funding led by ChengWei Capital and Cambium Capital. Rapid Silicon is headed by industry veteran Dr. Naveed Sherwani and has offices in San Jose and Shanghai, and plans to expand […]
Coefficient Raises $6.7 Million Seed Funding
MOUNTAIN VIEW — Coefficient, a developer of a no-code solution enabling business teams to work with real-time data directly from spreadsheets, has raised $6.7 million in seed funding led by Foundation Capital with participation from S28 Capital and angel investors, notably including Eric Yuan, CEO of Zoom, and Kedar Doshi, EVP, Salesforce Einstein Analytics. Coefficient is building the next […]
Pipefy Completes $75 Million Series C
SAN FRANCISCO — Pipefy, developer of a low-code workflow management software platform that transforms the way teams work, announced completion of $75 million in Series C funding, bringing its total funding to date to $138.7 million. Led by $50 million from SoftBank Latin American Fund, with additional participation from Steadfast Capital Management, Insight Partners, Redpoint eventures and others. Pipefy’s new capital will […]
Stride Health Scoops Up $47 Million Series C
SAN FRANCISCO — Stride Health, a provider of portable benefits for independent workers, has raised a $47 million Series C round, bringing its total funding to $96 million. The round was led by King River Capital with participation from Mastercard and Allstate along with existing investors Venrock, NEA, Fidelity’s F-Prime Capital, and Moderne Ventures. The […]
Citcon Closes $30 Million Series C
SAN JOSE — Citcon, a mobile wallet payment provider that connects businesses worldwide, has received $30 million in Series C financing led by Norwest Venture Partners and Cota Capital. Sierra Ventures and Sonae IM also joined the round. The new funding will support the hiring of additional staff and global expansion that builds on the […]
GrubMarket Gobbles Up $145 Million
SAN FRANCISCO — GrubMarket, a San Francisco-based food technology company, has raised $145 million in a heavily oversubscribed Series E funding round from funds and accounts managed by BlackRock, Liberty Street Funds, Japan Post Capital, Walleye Capital, Celtic House Asia Partners, INP Capital, Pegasus Tech Ventures, RIVC and Gaingels, among participants. This round values GrubMarket at over […]