MOUNTAIN VIEW — Addepar, which operates a technology platform for wealth management, has closed a $117 million Series E funding round, led by WestCap Group. WestCap’s investment was led by Laurence A. Tosi, WestCap’s Founder and Managing Partner as well as a member of Addepar’s Board of Directors for the past two years, and by Scott Ganeles, also a […]
Venture Funding
Correlia Biosystems Closes $7 Million Series A
BERKELEY — Correlia Biosystems, a Berkeley-based life science startup, has closed a $7 million Series A financing round. Neotribe Ventures led the investment round, joined by Cota Capital, the Regents of the University of California, and others. This funding round will help with the commercial launch of Correlia’s next-generation immunoassay platform. This will be the first instrument planned […]
ControlUp Reels in $27 Million Series C
SAN JOSE — ControlUp, which bills itself as a self-healing End-User Computing (EUC) solution enabling customers to monitor, troubleshoot, and remediate their EUC environments, announced it has completed a $27 million Series C round of financing led by JVP and K1 Investment Management, bringing total funding to $40 million. Since launching in 2014, ControlUp has supported business continuity for thousands of enterprises. The […]
Farmstead Sprouts With $7.9 Million Series A
SAN FRANCISCO – Farmstead, the first online grocer to offer fresh, high-quality groceries, delivered for free, has raised a $7.9 million Series A round of funding to accelerate its national expansion and recruiting. This brings Farmstead’s total funding to date to $14.5 million. Farmstead’s business has surged in 2020, driven partially by shoppers’ preference for […]
EdgeQ Launches With $38.5 Million Series A
SANTA CLARA – EdgeQ Inc, a 5G systems-on-a-chip company, has launched from stealth with $51 million in total funding, including $38.5 million in a Series A round. Backed by investors Threshold Ventures (formerly DFJ), Fusion Fund, Yahoo! co-founder Jerry Yang (AME Cloud Ventures), and an unannounced strategic customer, EdgeQ is looking to address the untapped […]
AliveCor Bags $65 Million Round
MOUNTAIN VIEW — AliveCor, a developer of AI-based personal ECG technology and enterprise cardiology solutions, has raised a $65 million series E financing led by existing investors OMRON, Khosla Ventures, WP Global Partners, Qualcomm Ventures and Bold Capital Partners. Proceeds from this financing will be used to accelerate growth of AliveCor’s remote cardiology platform both domestically […]
Softbank Leads $100 Million Investment in MindTickle
SAN FRANCISCO — MindTickle, a developer of technology for businesses to manage sales, has raised $100 million in a combination of equity and debt financing, led by Softbank Vision Fund 2. Existing investors, Norwest Venture Partners, Canaan, NewView Capital, and Qualcomm Ventures also participated in the round. The funding will be used to accelerate MindTickle’s go-to-market […]
Carbon Health Reels In $100 Million Round
SAN FRANCISCO — Carbon Health, a national healthcare provider, announced it has secured $100 million in Series C funding led by Dragoneer Investment Group, with participation from existing investors Brookfield Technology Partners (BTP), DCVC, and Builders VC. Leveraging its unique technology platform, Carbon Health provides its patients with omnichannel care: seamless care from the same trusted […]
Menlo Security Secures $100 Million Series E
MOUNTAIN VIEW — Menlo Security, an expert in cloud security, has raised $100 million in Series E funding, valuing the company at $800 million. The round was led by Vista Equity Partners, with additional participation from Neuberger Berman funds, General Catalyst, JP Morgan, and other existing investors. The new funding will help fuel market expansion […]
Remote Presses the Buttons for $35 Million Series A
SAN FRANCISCO — Remote, an HR technology platform for international payroll, benefits and compliance, announced it has secured $35 million in Series A funding led by Index Ventures and joined by Sequoia Capital, with additional participation from angel investors including Aaron Levie, Zach Weinberg, and Kevin and Julia Hartz. Previous investors General Catalyst and Two […]
SentinelOne Valued at $3 Billion With $267 Million Round
MOUNTAIN VIEW – SentinelOne, which operates an autonomous cybersecurity platform, announced it has raised $267 million in Series F funding led by Tiger Global Management, with participation from Sequoia Capital Global Equities and existing investors including Insight Partners and Third Point Ventures. The oversubscribed round will allow SentinelOne to continue accelerating hypergrowth driven by demand for […]
Nuro Lands $500 Million in Fresh Funding
MOUNTAIN VIEW — Nuro, maker of self-driving delivery vehicles, has landed a $500 million Series C round of funding, led by funds and accounts advised by T. Rowe Price Associates, Inc., with participation from new investors including Fidelity Management & Research Company, LLC. and Baillie Gifford. The round also includes existing investors such as SoftBank […]
Forethought Reels In $17 Million
SAN FRANCISCO — Forethought, a developer of an AI and Machine Learning platform for the enterprise, announced it has raised a $17 million Series B which includes celebrity investors Ashton Kutcher, Sean Combs and LL Cool J. Forethought’s goal is to develop AI and Machine Learning solutions to tackle the most challenging and costly areas […]
Onfleet Scores $14 Million Series A
SAN FRANCISCO — Onfleet, a provider of last mile delivery management software, has raised $14 million in Series A funding to meet surging customer demand. The round was led by Kennet Partners and will allow Onfleet to continue broadening its product offerings and expanding its global footprint. This funding round takes place on the heels […]
Intuitive Surgical to Launch $100 Million Venture Fund
SUNNYVALE — Intuitive, a company known for its robotic-assisted surgery devices, is joining the venture capital bandwagon with the launch of Intuitive Ventures. The inaugural $100 million fund will invest in U.S. and international startups that will be the future of minimally invasive care. Intuitive Ventures is focused on investment opportunities in digital tools, precision diagnostics, […]
SKAEL Scores $4.1 Million Seed Funding
SAN FRANCISCO — SKAEL, a San Francisco-based technology company offering an automation platform for creating and deploying digital employees, has secured $4.1 million in a Seed funding round. Firms including Bonfire Ventures, Daher Capital, Backend Capital, RIDE Ventures, StratMinds VC, Buffalo Ventures and others participated in this round. “In a very short timeline SKAEL has built a technology […]
Eightfold AI Locks In $125 Million Series D
MOUNTAIN VIEW — Eightfold AI has raised a $125 million Series D funding round. The funds will be used to expand and scale Eightfold’s AI-powered Talent Intelligence Platform, a single solution for managing the entire talent lifecycle. Using a single platform to address this critical area stands in direct contrast to the disjointed point solutions commonly found […]
Newfront Insurance Lands $100 Million
SAN FRANCISCO — Newfront, which operates a technology-driven insurance brokerage, has raised over $100 million in funding, valuing the company at $500 million. The company’s lead investors are Founders Fund and Meritech Capital. The company plans to use these funds to invest in its platform and expand the service. “We are fortunate to have built […]
Instacart Adds $200 Million in New Funding
SAN FRANCISCO — Instacart, the nation’s leading grocery delivery service, has added $200 million as part of a new financing round led by existing investors Valiant Peregrine Fund and D1 Capital Partners. The investment comes as the service has seen enormous demand this year due to the Covid-19 pandemic. Instacart has continued to partner with […]
Sanity Abuzz With $9.3 Million Series A
SAN FRANCISCO — Sanity.io, which operates a developer-focused content platform, has raised $9.3 million in Series A funding to expand its platform and build out its developer community. The A round was led by Threshold Ventures and brings Sanity’s total funding to $12.8 million. Josh Stein, managing partner at Threshold Ventures and Jesse Robbins, partner […]
FOSSA Closes $23.2 Million Series B
SAN FRANCISCO — FOSSA, an open source management company, has closed a $23.2 million Series B funding round from Bain Capital Ventures, Canvas Ventures and Costanoa Ventures, bringing its total amount of funding to $35 million. The company also announced the launch of FOSSA Security Management and continued expansion into Europe, the Middle East and Africa. “Since our last round […]
Redaptive Lights Up With $156.5 Million Investment
SAN FRANCISCO — Redaptive, which assists commercial and industrial customers in using less energy, has closed $156.5 million in funding led by CarVal Investors. Existing investors CBRE, Engie New Ventures, Evergy Ventures and Linse Capital also invested in the company alongside CarVal. Redaptive will use this new capital to expand its energy efficiency offerings to meet growing demand from customers. Redaptive helps companies use […]
Avail Medsystems Reels In $100 Million Series B
PALO ALTO — Avail Medsystems, the medical technology company pioneering telemedicine for the procedure room (“Procedural Telemedicine”),has raised $100 million in Series B funding led by D1 Capital Partners, with participation from 8VC and existing investors. Avail previously raised $25 million in Series A and Series A-1 funding from investors including Lux Capital, Coatue, Sonder […]
Braintrust Scoops Up $18 Million
SAN FRANCISCO — Braintrust, which operates a global network of highly-skilled technical and design talent, announced a $18 million growth ound, just three months after emerging from stealth in June. The company, which attained profitability on its Seed Round, has doubled its financial projections from early in the year, and seen 45-70% month-over-month growth since its public […]