Venture Funding

Gfycat Delivers $10 Million Seed Round

  MOUNTAIN VIEW — Gfycat, the world’s largest platform for user-generated short-form video, has raised $10 million in seed series financing. The round was led by Alsop Louie Partners (lead investors in Twitch.tv and Niantic), with additional capital from Pear Ventures, You and Mr. Jones, Jeong Kim, Stanford StartX Fund, and several other investors and angels. The […]

Venture Funding

Shape Security Secures $40 Million

MOUNTAIN VIEW — Shape Security, a provider of advanced security technology for web and mobile applications, has received a strategic investment from Hewlett Packard Pathfinder, the Hewlett Packard Enterprise (HPE) venture investment and partnership program, to close a $40 million Series D round of funding. New and existing investors participating in the round include EDBI, Baseline […]

Venture Funding

SentreHEART Closes $35 Million Round

  REDWOOD CITY – SentreHEART, Inc., the manufacturer of the LARIAT technology for catheter-based, non-implant left atrial appendage closure (LAAC), has closed a $35 million Series D round of financing. Deerfield Management Company, a healthcare investment firm, led the financing, which included participation from SentreHEART’s existing investors U.S. Venture Partners, Prospect Ventures, Vivo Capital and Decheng Capital. […]

Venture Funding

Ripple Rounds Up $55 Million Series B

  SAN FRANCISCO — Ripple, a global provider of financial settlement solutions, has completed a $55 million Series B financing. The company will use the funds to accelerate its rapid customer growth, pursue strategic partnerships and grow the team internationally. The financing includes participation from new investors including Standard Chartered, Accenture Ventures, SCB Digital Ventures, the venture arm […]

Venture Funding

Efficient Drivetrains Raises Series C Funding

  MILPITAS, CA — Efficient Drivetrains, Inc. (EDI), a global leader in advanced, high-efficiency Hybrid and Electric drivetrain solutions, announced that it has closed a Series C financing round, highlighted by an initial infusion of $7.85 million in new capital, led by new investor H&Q Asia Pacific, in conjunction with Jiaxing Daxin Investment Partnership. The Series C […]

Venture Funding

Spectrum 28 Venture Fund Launches With $170 Million

  MENLO PARK — Spectrum 28, a venture capital firm investing in companies disrupting long-standing industries, announced the close of its first fund, Spectrum Fund I, totaling $170 million. Co-founded by experienced investors and entrepreneurs, Kent Ho and Lyon Wong, the fund’s financial backers include a diversified group of financial institutions, multi-billion dollar family offices, and foundations from […]

Venture Funding

Cisco, Ericsson Lead $6 Million Funding of PubNub

  SAN FRANCISCO — PubNub, operator of a Data Stream Network, has announced a strategic investment of $6 million from Cisco Investments and Ericsson. The announcement coincides with the launch of PubNub BLOCKS, making networking leaders Cisco and Ericsson a transformational part of the world’s first programmable network for application developers. Over 800 companies signed up for […]

Venture Funding

IDbyDNA Closes $9 Million Series A Financing

  SAN FRANCISCO — IDbyDNA, a precision medicine company focused on metagenomic approaches for infectious disease identification, has closed $9 million in Series A financing. ARTIS Ventures led the round, with additional investments from ARUP Laboratories and other private investors. The funds will be used to further develop its Taxonomer-based DNA search technologies and to […]

Venture Funding

Signifyd Raises $19 Million From American Express

  SAN JOSE – Signifyd, a fast-growing provider of fraud protection for e-commerce businesses, has secured $19 million in capital from American Express Ventures, Menlo Ventures and Triple Point Capital. This announcement comes less than a year after Signifyd’s $20 million Series B round in February 2016, which included funding from Menlo Ventures, Allegis Capital, IA Ventures, QED Investors, […]

Venture Funding

Saildrone Raises $14 Million Series A

  ALAMEDA, CA — Saildrone Inc., a provider of ocean data collected by a fleet of unmanned, autonomous sailing drones, has closed a $14 million in Series A funding. The round was led by Social Capital with investments from the Capricorn Investment Group and Lux Capital. This follows the mission related investment from The Schmidt Family […]

Venture Funding

Boku Dials Up $13.75 Million in Funding

  SAN FRANCISCO — Boku, the world’s largest direct carrier billing mobile payments company, has secured $13.75 million in further venture funding to expand carrier billing across numerous carrier connections in developed and emerging markets around the globe. Several of Boku’s existing venture investors from Silicon Valley have followed on with their investments in Boku, including Khosla […]

Venture Funding

SkyGiraffe Raises $6 Million

  SAN MATEO — SkyGiraffe, an enterprise mobility platform that enables organizations to mobilize line-of-business systems, has announced $6 million in funding to continue expanding its platform. The company has announced expanded functionality to provide a single, secure endpoint for developers to build on top of the SkyGiraffe platform, enabling read and write access from enterprise […]

Venture Funding

Safetraces Secures $1.5 Million Seed Funding

  PLEASANTON, CA — SafeTraces, Inc., a Bay Area company that is developing ground-breaking food safety solutions, has closed a Series Seed round, raising $1.5 million. The round was led by Maumee Ventures, the VC arm of The Andersons, Inc., a diversified public company rooted in agribusiness. “We are thrilled to close this round so quickly, even as the […]

Venture Funding

Quanergy Raises $90 Million Series B

  SUNNYVALE, CA — Quanergy Systems, Inc., a provider of solid state LiDAR sensors and smart sensing solutions,  has raised $90 million in Series B funding at a valuation well over $1 billion. Sensata Technologies (NYSE:ST), Delphi Automotive (NYSE:DLPH), Samsung Ventures, Motus Ventures and GP Capital participated in the round. This investment brings the company’s […]

Venture Funding

Degreed Closes $25M Series B Round

  SAN FRANCISCO — Degreed, an education technology company, has completed its Series B funding with a $3.5M investment from GSV Acceleration, which focuses on the most dynamic companies leveraging technology to enable people and organizations to optimize their potential. Combined with its previous investment from Jump Capital, Signal Peak Ventures and Rethink Education, Degreed […]

Venture Funding

Velodyne LIDAR Raises $150 Million From Ford, Baidu

  MORGAN HILL, CA — Velodyne LiDAR, Inc., a leader in Light, Detection and Ranging, or LiDAR technology, has received a combined $150 million investment from co-investors Ford Motor Company and China’s leading search engine Baidu. The investment will allow Velodyne to rapidly expand the design and production of high performance, cost effective automotive LiDAR […]

Venture Funding

Women’s Health Startup Bloomlife Raises $4 Million Seed Round

  SAN FRANCISCO — Bloomlife, a digital health company focused on improving the health of moms and babies, announced the closing of $4 million seed funding round led by investors Marc Benioff and Efficient Capacity, LanzaTech Ventures, MeusInvest, Hanmi IT, The Chernin Group, Kapor Capital, and Act One Ventures. This round brings Bloomlife’s total funding to […]

Venture Funding

Memebox Secures $65.9 Million

  SAN FRANCISCO — Memebox, a fast-growing Korean beauty brand based in San Francisco, has closed $65.95 million in Series C funding led by new global investor Formation Group and previous investors Goodwater Capital and Pejman Mar Ventures. The latest round brings the company’s total funding to nearly $100 million — among the highest of any […]