PALO ALTO — Dazz, a cloud security remediation company, has closed on a new round of funding and that it has raised a total of $60 million to date. The company will expand its engineering team and build a go-to-market organization in the United States with offices in Palo Alto and New York. Venture capital firms participating in the funding round […]
Venture Capital
Petra Unveils Tunneling Technology, $30 Million Series A
SAN FRANCISCO — Petra, the first robotics company capable of undergrounding critical utilities through hard geologies, has announced the successful completion of a 20-foot demonstration tunnel through the hardest rock on earth, and $30 million Series A funding led by DCVC, the leading Deep Tech venture firm. Petra has invented a new hard rock boring-robot, […]
SnapLogic Snaps Up $165 Million Round
SAN MATEO — SnapLogic, which specializes in Enterprise Automation, has raised $165 million at a billion dollar valuation to accelerate its leadership in AI-powered data and application integration, the new glue of the social and virtual era. This latest round was led by Sixth Street Growth, which will join the SnapLogic board. The funds will […]
Edge Impulse Reels In $34 Million Series B
SAN JOSE — Edge Impulse has reeled in $34 million in Series B funding led by Coatue, tripling its 2022 market valuation and growth forecast. Coatue joins existing investors, Canaan Partners, Acrew Capital, Fika Ventures, Momenta Ventures, and Knollwood Investment Advisory. “We are excited to have David Cahn, a Partner at Coatue, join our board […]
KlearNow Clears $50 Million in New Funding
SANTA CLARA — KlearNow, a provider of smart Logistics as a Service (LaaS), has raised $50 million in new capital to transform broken supply chains—simplifying and providing real-time cargo visibility to the customs clearance and drayage processes. KlearNow’s AI-powered platform eases the worldwide supply chain disruptions that have left businesses grappling with delays and shortages. The […]
Course Hero Takes In $380 Million Series C
REDWOOD CITY — Course Hero Inc., an education platform offering a suite of learning resources and tools for learners, has raised $380 million in Series C funding, now valuing the company at $3.6 billion. The Series C funding round was led by Wellington Management with participation from new investors Sequoia Capital Global Equities, OMERS Growth Equity and D1 Capital […]
Incode Secures $220 Million Series B
SAN FRANCISCO – Incode, an identity verification and authentication platform for global enterprises, has raised $220 million in equity for its Series B funding round, giving the company a $1.25 billion valuation. Incode says it grew 6x in revenues over the last 12 months and raised $25 million Series A funding in March. This latest […]
Forum Mobility Raises $7.5 Million Seed Funding
SAN FRANCISCO – Forum Mobility, a zero-emission fleet and infrastructure provider, has raised $7.5 million in seed funding to build its operations, broaden its team, and for product development. The round was co-led by Obvious Ventures and Homecoming Capital, with additional funding provided by Edison International and Overture VC. Forum plans to use the tunds […]
Tipalti Valued at $8.3 Billion With New $270 Million Round
SAN MATEO — Tipalti, which offers a global payment platform for businesses, has raised $270 million in series F funding at a valuation of $8.3 billion, bringing total funding raised to date to just over $550 million and placing Tipalti among the most valuable private fintech companies in the world. Tipalti plans to use the funding to accelerate its […]
Softbank Vision Fund 2 Leads $300 Million Round in Cerebral
SAN FRANCISCO — Cerebral Inc., an online mental health company, has closed a large $300 million Series C round led by the SoftBank Vision Fund 2. The round also included participation from new and existing investors, including Prysm Capital, Access Industries, WestCap Group, and ARTIS Ventures. Having launched less than two years ago, this round […]
Connect the Dots Connects With $15 Million
SAN FRANCISCO — Connect The Dots, a network intelligence platform that uses AI to map and manage career-long professional relationships, has connected with a $15 million Series A funding round led by Norwest Venture Partners, with participation from existing investors Cloud Apps Capital Partners and Velvet Sea Ventures. This round brings Connect The Dots’ total funding to […]
Freenome Lands $300 Million Series D for Early Cancer Detection
SOUTH SAN FRANCISCO — Freenome, a privately held biotech company, has landed a Series D funding of $300 million. This brings the company’s total financing to over $800 million since the company was founded in 2014. This round was led by Perceptive Advisors and RA Capital Management, joined by existing investors including a16z Life Sciences Growth Fund, the […]