Venture Funding

Accel Leads $15 Million Series B in Bevy

PALO ALTO — Bevy, which operates a customer platform for enterprises, has announced a $15 million Series B investment led by venture capital firm Accel, with participation from existing investors Ryan Smith (co-founder and CEO, Qualtrics), and Upfront Ventures. A recent study revealed that nearly 80% of founders reported building a community of users as important […]

Venture Funding

Samsara Raises $400 Million, Cuts 300 Workers

SAN FRANCISCO — Samsara has raised $400 million in equity financing from Alliance Bernstein, Franklin Templeton, General Atlantic, Sands Capital Management, and Warburg Pincus, along with previous investors Andreessen Horowitz, Dragoneer Investment Group, General Catalyst, and Tiger Global. With the new funding, Samsara says it has $600 million of cash on-hand. Samsara provides Internet of […]

Venture Funding

Couchbase Completes $105 Million Series G

SANTA CLARA – Couchbase, the creator of the enterprise-class, multicloud to edge NoSQL database, says it has completed a $105 million all-equity Series G round of fundraising.  The round was led by GPI Capital, also included oversubscribed participation from existing investors Accel, Sorenson Capital, North Bridge Venture Partners, Glynn Capital, Adams Street Partners, and Mayfield. […]

Venture Funding

Confluera Rakes In $20 Million

PALO ALTO — Confluera, which develops cyber threat detection and response, has raised over $20 million in Series B funding led by Icon Ventures. Harpoon Ventures also joined as a new investor. Icon Ventures’ General Partner, Preeti Rathi, is joining the Confluera board. The company’s existing investors Lightspeed Venture Partners, John W. Thompson and Lane […]

Venture Funding

Andreessen Horowitz Leads $30 Million Round in Octant

EMERYVILLE – Octant, Inc., a synthetic biology drug discovery company designing small molecule, multi-target drug leads for multifactorial diseases, has raised $30 million in a Series A financing led by venture capital firm Andreessen Horowitz. Octant is using the funding to further develop its discovery platform, which targets large numbers of G-protein coupled receptors (GPCRs) […]

Venture Funding

Coalition Locates $40 Million

SAN FRANCISCO — Coalition, a cyber insurance company for small and midsize businesses, announced it has closed a $40 million funding round. Ribbit Capital led the investment with participation from Greenoaks Capital and Hillhouse Capital. Coalition aims to solve cyber risk for all organizations by democratizing access to cybersecurity tools that prevent and mitigate loss, […]

Venture Funding

Forgerock Secures $93.5 Million Series E

SAN FRANCISCO – ForgeRock, a leading provider in digital identity, has completed a $93.5 million Series E round of fundraising. This latest funding round was led by Riverwood Capital. Existing investors, including Accel, Meritech Capital, Foundation Capital and KKR Growth also participated. ForgeRock has now raised more than $230 million since its founding. Riverwood Capital co-founder and […]

Venture Funding

Sorus Fund Leads $13.2 Million Round in Amply Power

MOUNTAIN VIEW — As cities and corporations accelerate their adoption of electric trucks and buses, AMPLY Power, the leader in charging solutions for fleets, has secured $13.2 million in Series A funding from investors led by Soros Fund Management and Siemens. They are joined by existing seed round investors, including Congruent Ventures, PeopleFund, and Obvious Ventures. Sorus Fund is an […]

Venture Funding

RDMD Scores $14 Million Series A

SAN FRANCISCO — RDMD, a healthcare technology company dedicated to accelerating drug research for patients with rare diseases, has raised $14 million in Series A financing. RDMD has developed an FDA-ready technology platform that generates deep clinical evidence to accelerate rare disease research and drug development, as well as a patient application that empowers patients […]

Venture Funding

Greenbits Lands $23 Million Series B

SAN JOSE — Greenbits, which offers point-of-sale software for cannabis retailers, has raised $23 million in its Series B financing round. Coming at a time of economic uncertainty, the investment reinforces Greenbits’s position as the leading technology company in the legal cannabis industry. Greenbits’ retail platform – with automated state-by-state compliance, point of sale, inventory control, […]

Venture Funding

Dremio Reels In $70 Million

SANTA CLARA –Dremio, developer of a data lake engine, says it has closed $70 million in Series C funding. The round was led by new investor Insight Partners, with participation from existing investors Cisco Investments, Lightspeed Venture Partners, Norwest Venture Partners and Redpoint Ventures. Teddie Wardi, managing director, Insight Partners will also join the Dremio Board of Directors. Founded in […]

Venture Funding

Addepar Rakes in $40 Million

MOUNTAIN VIEW — Addepar, a technology platform for wealth management, has scored an investment of $40 million by WestCap Group (“WestCap”). The investment was led by Laurence Tosi (“L.T.”), a member of Addepar’s Board of Directors for the past two years as well as WestCap’s founder and managing partner, and by Scott Ganeles, senior partner at WestCap. As longtime partners, Tosi and Ganeles also co-founded […]

Venture Funding

Espressive Lands $30 Million Series B

SANTA CLARA – Espressive, a company working on artificial intelligence (AI) for enterprise service management (ESM), has announced $30 million in Series B funding led by Insight Partners with participation from Series A investors, General Catalyst, and Wing Venture Capital. Jeff Horing, co-Founder and Managing Director at Insight Partners will also be joining the Espressive Board of […]

Venture Funding

UserTesting Scores $100 Million

SAN FRANCISCO — UserTesting, a provider for on-demand human insights, has completed a $100 million funding round led by venture capital and private equity firm Insight Partners, with participation from existing investors Accel, OpenView, and Greenspring.  With UserTesting, product teams, marketers, digital and customer experience executives, designers and UX researchers confidently and quickly create the […]

Venture Funding

Impossible Foods Closes Massive $500 Million Round

REDWOOD CITY — Impossible Foods confirmed it has secured $500 million in its latest funding round, led by new investor Mirae Asset Global Investments, with participation from existing investors including Khosla Ventures, Horizons Ventures, and Temasek. The manufacturer of plant-based foods including the Impossible Burger has raised nearly $1.3 billion since its founding in 2011. […]

Venture Funding

SpotOn Scores $50 Million Series B

SAN FRANCISCO — SpotOn Transact, a payments and software company, has landed $50 million in Series B funding. The round includes 01 Advisors, an investment and advisory firm founded by Twitter’s former CEO Dick Costolo, former COO Adam Bain and former Corporate Development and Investor Relations executive David Rivinus, as well as returning investors Dragoneer Investment […]

Venture Funding

Sensel Grabs $28 Million

SUNNYVALE — Sensel, a company building the next wave of touch interfaces with PressureGrid technology, has closed the second tranche of its Series A financing, bringing the total raised in this series to $28 million. Investors include Susquehanna International Group (SIG), Morningside Group, SMiT, Palm Commerce Holdings Co. Ltd, Chariot Gold Limited, SV Tech Ventures, and Innolinks Ventures. The company has raised over $38 million since it was […]

Venture Funding

Omega Funds Leads $73 Million Series A in Amunix

MOUNTAIN VIEW – Amunix Pharmaceuticals, a biopharmaceutical company focused on developing prodrugs to bring the promise of potent immune-activating biotherapeutics to patients with solid tumor cancers, has completed an oversubscribed $73 million Series A financing. Boston-based Omega Funds led the financing, with participation from existing investor Frazier Healthcare Partners and new investors Longitude Capital, Redmile […]

Venture Funding

UnitQ Nabs $11 Million Series A

SAN MATEO — unitQ, which has developed a real-time solution for staying on top of product quality across all platforms, languages and regions, has raised $11 million in Series A funding. This round was led by Gradient Ventures, Google’s AI-focused venture fund, with participation from Creandum, XSeed Capital, Bragiel Brothers and BootstrapLabs. Anna Patterson, Managing Partner at Gradient Ventures, will join the board. […]