Venture Capital

Faire Raises Fairly Large $400 Million Series G

SAN FRANCISCO — Faire, an online wholesale marketplace connecting more than 300,000 retailers with 40,000 brands around the world, has closed $400 million in a Series G investment round co-led by new investor, Durable Capital Partners LP, and returning investors, D1 Capital Partners, and Dragoneer Investment Group. This new round, which includes all existing investors, […]

Venture Capital

Seasoned Sizes Up $18.7 Million Series A

SAN FRANCISCO — Seasoned has raised $18.7 million in Series A financing to help expand its hiring platform and restaurant worker network to new markets. The financing comes on the back of a $12 million seed round raised in June 2021, bringing its total raised to more than $30 million this year. Seasoned’s Series A financing was led by Horizons Ventures, with participation from TPG Growth […]

Venture Capital

Habu Raises $25 Million Series B

SAN FRANCISCO — Habu, a developer of data clean room software, has secured $25 million in Series B funding led by Wing Venture Capital. Snowflake Ventures, super{set}, Norwest Venture Partners, and Ridge Ventures joined the round, which will allow the company to accelerate product innovation, operations, and customer success to support its rapidly growing client […]

Venture Capital

Monarch Tractor Reels In $61 Million Series B

LIVERMORE — Monarch Tractor, maker of the world’s first fully electric, driver-optional tractor has completed a $61 million Series B funding round led by Astanor Ventures, one of the world’s leading sustainable food venture firms, with additional contributions from CNH Industrial, At One Ventures and Trimble Ventures. With this most recent round of financing, Monarch […]

Venture Capital

Netlify Scores $105 Million Investment

SAN FRANCISCO — Netlify, which offers technologies to build, deploy, and scale modern web applications, has raised $105 million in funding, valuing the company at $2 billion. Bessemer Venture Partners led the Series D round, with participation from the company’s existing investors Andreessen Horowitz, BOND, EQT Ventures, Kleiner Perkins, Mango Capital and Menlo Ventures. The Jamstack movement has changed the […]

Venture Capital

Thoughtspot Ponders Meaning of $100 Million Series F

SUNNYVALE — ThoughtSpot, a Modern Analytics Cloud company, has raised a $100 million Series F funding round at a new $4.2B valuation, more than doubling the company’s previous valuation and bringing the company’s total funding to $674 million. The round was led by new investor March Capital and joined by existing investors Lightspeed Ventures, Snowflake Ventures, […]

Venture Capital

Section 32 Venture Capital Raises $740 Million Fund

SAN DIEGO — Venture capital firm Section 32 has closed its fourth fund, raising approximately $740 million from returning and new investors. Investors in Fund 4 include leading philanthropic and non-profit organizations, educational endowments and foundations, and leaders from the technology and healthcare sectors. Section 32 Fund 4 will support companies across all stages that are […]

News Venture Capital

Blackstone Invests $50 Million in Ample

Ample, a battery technology company in San Francisco, has raised an additional $50 million in funding from Blackstone Group along with Spanish bank Banco Santander. The company has raised over $280 million to date. Ample uses Modular Battery Swapping to deliver a full charge (100%) in under 10 minutes, 3 times faster than charging. It […]

Venture Capital

Kodiak Robotics Raises $125 Million Series B

MOUNTAIN VIEW — Kodiak Robotics, Inc., a self-driving trucking company, has raised $125 million in an oversubscribed Series B fundraising round for a total of $165 million raised to date. The round includes investments from SIP Global Partners, Lightspeed Venture Partners, Battery Ventures, CRV, Muirwoods Ventures, Harpoon Ventures, StepStone Group, Gopher Asset Management, Walleye Capital, Aliya Capital Partners, and others. Kodiak delivers freight daily for its customers between Dallas-Fort […]

Venture Capital

Workato Rakes In $200 Million Series E

MOUNTAIN VIEW — Workato, a specialist in enterprise automation, announced $200 million in Series E funding led by Battery Ventures, with equal participation from Insight Partners, Altimeter Capital and Tiger Global. Geodesic Capital and Redpoint Ventures also participated in this round of financing. The new funding values Workato at $5.7 billion and comes just nine […]

Venture Capital

Contrast Security Secures $150 Million

LOS ALTOS — Contrast Security, a provider of next-gen code security tools, has closed $150 million in a Series E round of funding at a $1 billion-dollar-plus valuation. The oversubscribed round was led by Liberty Strategic Capital, founded by former Secretary of the Treasury Steven Mnuchin, together with 100% participation from existing Contrast investors Warburg Pincus, Battery […]

Venture Capital

VergeSense Lands $60 Million Series C

SAN FRANCISCO — VergeSense, operator of a workplace analytics platform, has raised $60 million in Series C funding, led by Scale Venture Partners with participation from DivcoWest and existing investors Tola Capital, JLL Spark, MetaProp, Allegion Ventures and Bolt. The new funding will help the company accelerate platform innovation and growth as the market increasingly requires […]