Venture Capital

SAN FRANCISCO — The market research boom is creating an unexpected casualty: the agencies themselves. In an industry where clients expect faster turnarounds, competitive pricing, and diverse capabilities, agencies are turning down work – not for lack of interest, but because outdated operational systems keep them from meeting client expectations. Metaforms, a startup born from […]

MENLO PARK — Prophet Security, a developer of agentic AI for Security Operations Centers (SOCs), has raised $30 million in a Series A funding round led by Accel, with participation from Bain Capital Ventures. The funding will accelerate Prophet Security’s platform expansion and go-to-market strategy, as the company brings the future of security operations into […]

SAN FRANCISCO — Wallarm, a provider of API and AI security, has closed $55 million in Series C investment led by Toba Capital. The funding will allow Wallarm to continue scaling its top line and innovating ahead of the curve in the API Security market by extending the company’s offering to further protect APIs in the AI […]

SAN FRANCISCO — Promptfoo, an open‑source framework for AI red‑teaming and security testing, has landed an $18.4 million Series A financing led by Insight Partners, with participation from existing investor Andreessen Horowitz. Founded in 2024, Promptfoo is steadily gaining recognition as an emerging standard for robust AI security testing, with over 100,000 developers using its open source tools and adoption […]

SAN FRANCISCO – Motive, an AI-powered Integrated Operations Platform, has raised $150 million in a new funding round led by Kleiner Perkins, with participation from both existing investors and new investor AllianceBernstein. This additional capital will enable Motive to accelerate growth by further expanding its AI capabilities, scaling internationally, and sustaining momentum with enterprise customers. As […]

MENLO PARK — Prophet Security, a pioneer in agentic AI for Security Operations Centers (SOCs), has raised $30 million in a Series A funding round led by Accel, with participation from Bain Capital Ventures. The funding will accelerate Prophet Security’s platform expansion and go-to-market strategy, as the company brings the future of security operations into […]

PALO ALTO — SAFE, a provider of Cyber Risk Quantification (CRQ) and the first company to deliver fully autonomous Third-Party Risk Management (TPRM), has raised a $70 million Series C funding round. The round was led by Avataar Ventures, with participation from Susquehanna Asia Venture Capital, NextEquity Partners, Prosperity7 Ventures, and existing investors including Eight Roads, John Chambers and Sorenson […]

EMERYVILLE — Oxide Computer Company, an on-prem cloud computing company, has raised a $100 million Series B financing round led by Thomas Tull’s US Innovative Technology Fund (USIT), with participation from all existing investors. The funding more than doubles Oxide’s capital raised to date and will enable the company to scale manufacturing, expand customer support, and accelerate roadmap […]

SAN MATEO — Observe Inc., an AI-powered observability company, has closed $156 million in a Series C funding round led by Sutter Hill Ventures with participation from Madrona Ventures, Alumni Ventures, Snowflake Ventures and Capital One Ventures. Over the past year, Observe says it has tripled its revenue and doubled its enterprise customer base, achieving an […]

PALO ALTO — xLight, a company building the world’s most powerful lasers, has closed an oversubscribed $40 million Series B equity raise. The round was led by Playground Global, an early-stage venture capital firm investing in entrepreneurs who have developed breakthroughs in frontier technologies, and joined by Boardman Bay Capital Management, a leading investment manager […]

SAN FRANCISCO — Cascade Space, a platform for end-to-end communication system design, test, and operation, has raised $5.9 million in seed funding. The round included participation from Nova Threshold, Undeterred Capital, Y Combinator, Night Capital, Olive Capital, Valkyrie Ventures, Karman Ventures, Palm Drive Capital, Garage Capital, TRAC, Aurelia Foundry, Hawktail, MGV.VC, Pioneer Fund, Liquid 2 […]

Zip, which operates an agentic procurement orchestration platform, celebrated its fifth anniversary by unveiling expanded offices in San Francisco and New York to accommodate rapid workforce growth driven by unprecedented enterprise adoption. The company has grown from 250 to over 500 employees in the past year alone while securing Global 2000 customers across every major […]