Daily news about tech companies in Silicon Valley.
PALO ALTO — Hourly.io, a fast-growing workers’ comp and payroll startup, has raised $27 million in Series A financing led by Glilot Capital Partners through its early growth fund, Glilot+. Additional backers include previous investors S Capital, MS&AD Ventures, J-Ventures and new to this round, Vintage Investment Partners and Upshot Ventures. The Series A funding will help Hourly expand beyond the state of California, where it was […]
MENLO PARK — Construction technology platform ALICE Technologies has raised a $30 million funding round led by Vanedge Capital. Additional new investors include Bouygues, Gaingels, GRIDS Capital, JLL Spark, and MetaPlanet, which joined the round along with existing investors Future Ventures, Merus Capital, and Rising Tide. ALICE Technologies’ construction optioneering platform helps large contractors plan, bid and build […]
SUNNYVALE — Sensel, a company developing the next generation of touch-sensing, force-sensing, and haptics technologies, has closed $18.8 million in Series B financing. Sensel has raised over $57 million since it was founded in 2013. Sensel’s Series B is led by Global Lighting Technologies Inc (GLT), a strategic manufacturing partner to Sensel and leader in custom light-guide modules for computing and other applications. […]
PALO ALTO — SAV (Scale Asia Ventures), a Silicon Valley-based venture capital firm, has launched its $30 million inaugural early-stage fund in commitments to support enterprise-focused companies. Beyond early-stage funding, SAV also plans to fuel its portfolios with additional $100 million later-stage funding directly from its deep-pocketed Limited Partner base. Fund backers include institutional funds, […]
SAN FRANCISCO — AppOmni, a provider of SaaS security, has raised $70 million in a Series C funding round to advance product development, fuel international growth, and scale go-to-market processes. The investment was led by Thoma Bravo, a leading software investment firm, with participation from existing investors, including Scale Venture Partners, Salesforce Ventures, ClearSky, and […]
NEWARK – Ultima Genomics emerged from stealth mode with a new high-throughput, low-cost sequencing platform that delivers the $100 genome. Ultima’s goal is to unleash a new era in genomics-driven research and healthcare, and it has secured approximately $600 million in backing from leading investors including General Atlantic, Andreessen Horowitz, D1 Capital, Khosla Ventures, Lightspeed, […]
PALO ALTO — Endpoint Health, Inc., a Precision-First therapeutics company dedicated to addressing unmet needs in immune-mediated acute and chronic diseases, announced the close of $52 million in equity and debt financing. Major institutional investors participating in the Series A round included Mayfield, Humboldt Fund, AME Cloud Ventures, Boom Capital, Alix Ventures, Yaya Capital, Wireframe […]
OAKLAND — 1Sharpe Ventures has announced the close of its inaugural fund at $90 million. 1Sharpe Ventures is a proptech-centric early stage investment vehicle grown out of 1Sharpe Capital, a more than $2.5 billion institutional asset manager with equity real estate investments and a credit fund. The new fund was oversubscribed and marks the 12th […]
SAN FRANCISCO — Canonical Crypto, a newly launched venture fund focused on developer infrastructure on the blockchain, has raised $20 million in capital in an oversubscribed round for its inaugural fund. Leading the firm is founder and general partner Anand Iyer, a longtime Silicon Valley operator and investor, who most recently was a visiting partner at Pear […]
SAN FRANCISCO — LaunchNotes, which provides personalized, automated, and secure way to connect your teams and users to your product development lifecycle, has raised a $15 million Series A round led by Insight Partners, with participation from Atlassian Ventures, The New Normal Fund, Essence VC, and existing investors Cowboy Ventures and Bull City Venture Partners. This […]