Innovation Archives

Application Security Company Sqreen Raises $14 Million

By Dan Anderson ● Apr 7, 2019

Application security management company Sqreen announced it raised $14 million in Series A funding led by Greylock Partners with Y Combinator.

India-Based Point-Of-Sale Company Mswipe Raises $30 Million

By Amit Chowdhry ● Apr 6, 2019

Mumbai, India-based point-of-sale terminal company Mswipe has raised $30 million in Series E funding to expand upon its platform.

Memory-Converged Infrastructure Company MemVerge Raises $24.5 Million

By Noah Long ● Apr 6, 2019

Known for creating Memory-Converged Infrastructure (MCI), MemVerge has raised $24.5 million in Series A funding from several investors.

Michigan-Based Altair Buys SEAM Software From Cambridge Collaborative

By Amit Chowdhry ● Apr 6, 2019

Altair, a Michigan-based data intelligence and cloud solutions company, announced it acquired Cambridge Collaborative's SEAM software.

SparkLabs Frontier–ASU: How Arizona State University’s New Accelerator Program Will Drive Innovation

By Amit Chowdhry ● Apr 5, 2019

Arizona State University is partnering with SparkLabs Groups to launch a startup accelerator program called SparkLabs Frontier–ASU.

London-Based Women’s Healthcare Tech Company Elvie Raises $42 Million

By Amit Chowdhry ● Apr 5, 2019

London, England-based women’s healthcare technology company Elvie has raised $42 million in Series B funding led by IPGL.

Talkoot: How This Portland-Based Company Is Helping Customers Scale Omnichannel Product Content

By Dan Anderson ● Apr 5, 2019

Portland-based content production platform company Talkoot announced it raised $1.65 million in a seed round of funding led by Seven Peaks Ventures.

Cloud-Based Productivity Monitoring Company ActivTrak Raises $20 Million

By Annie Baker ● Apr 5, 2019

ActivTrak, a cloud-based productivity monitoring software provider company, announced it closed $20 million in Series A funding led exclusively by Elsewhere Partners.

Players’ Lounge Secures $3 Million From Several Investors Including Drake And Marissa Mayer

By Noah Long ● Apr 5, 2019

Brooklyn-based eSports platform Players’ Lounge announced it has raised $3 million in funding.

Toronto-Based Indoor Location Platform Company InnerSpace Raises $4.3 Million

By Dan Anderson ● Apr 5, 2019

InnerSpace, a Toronto-based indoor location platform company, announced it raised $4.3 million in seed stage financing.

Ellevest, A Digital Investment Platform Built By Women For Women, Raises $33 Million

By Amit Chowdhry ● Apr 5, 2019

New York-based digital investment platform company Ellevest announced it raised $33 million in funding led by Rethink Impact and PSP Growth.

With A Recent Funding Round At A $1.1 Billion Valuation, Casper Is Reportedly In Talks To Go Public

By Amit Chowdhry ● Apr 5, 2019

Casper, a New York-based global sleep company, announced it raised $100 million in funding. And the company is also reportedly in talks for an IPO.

Rewire Raises $12 Million To Help People Manage Banking In Two Or More Countries

By Dan Anderson ● Apr 5, 2019

Tel Aviv, Israel-based fintech company Rewire announced it raised $12 million in Series A funding led by Viola Fintech.

New York-Based Digital Retirement Platform Company Vestwell Raises $30 Million

By Noah Long ● Apr 5, 2019

Vestwell, a New York-based digital retirement platform company, announced it raised $30 million in Series B funding.

Women’s Wellness Company Cora Raises $7.5 Million

By Annie Baker ● Apr 5, 2019

Women’s wellness company Cora announced it has raised $7.5 million in Series A1 funding led by Harbinger Ventures and added to its board.

Google’s AI Fund To Lead Funding Round In Dyndrite

By Amit Chowdhry ● Apr 5, 2019

San Ramon, California-based manufacturing software company Dyndrite announced it raised over $10 million in Series A funding.

Okta Ventures: Okta Launches $50 Million Investment Fund

By Noah Long ● Apr 4, 2019

Okta, an identity and access management company, announced it is launching a $50 million investment fund called Okta Ventures.

How These Rice University Students Are Building A Low-Power Flood Sensor Network

By Amit Chowdhry ● Apr 4, 2019

A group of senior engineering students at Rice University are working towards helping homeowners learn when a surge of floodwater is coming.

Transcend Raises $3.95 Million To Help People Have More Control Over Their Data

By Amit Chowdhry ● Apr 4, 2019

Transcend announced it has raised $3.95 million in a seed round of funding (led by Accel) to help people have better controls over their data.

Ginni Rometty: AI To “Change 100% Of Jobs” Within The Next 5-10 Years

By Annie Baker ● Apr 4, 2019

IBM chair, CEO, and president Ginni Rometty made a prediction that AI is going to 100% of jobs within the next 5-10 years at a recent CNBC event.

Accenture Buys Creative Agency Droga5

By Noah Long ● Apr 4, 2019

Accenture Interactive announced it has acquired creative agency company Droga5, which is the largest acquisition by the organization.

Container Security Company Aqua Secures $62 Million

By Amit Chowdhry ● Apr 4, 2019

Aqua Security -- a leader in protecting container-based and serverless cloud-native applications -- has raised $62 million in Series C funding led by Insight Partners.

Identity Verification Service Onfido Raises $50 Million

By Annie Baker ● Apr 4, 2019

London-based identity verification service Onfido announced it raised $50 million in funding.

The We Company (WeWork) Buys Managed by Q

By Amit Chowdhry ● Apr 4, 2019

The We Company (formerly known as WeWork) announced it has acquired on-demand services company Managed by Q.

Customer Data Infrastructure Company Segment Raises $175 Million

By Amit Chowdhry ● Apr 3, 2019

Customer data infrastructure company Segment announced it raised $175 million in Series D funding.

Lear Is Buying Connected Vehicle Company Xevo For $320 Million

By Dan Anderson ● Apr 3, 2019

Southfield, Michigan-based automotive seating systems Lear has announced that it is acquiring connected vehicle company Xevo for $320 million.

Nativo Buys SimpleReach: Details About The Deal You Should Know

By Dan Anderson ● Apr 3, 2019

Nativo has completed the acquisition of SimpleReach. Here are the details about the deal that you should know about.

Cloud-Based App And Content Platform Company Applicaster Closes $20 Million

By Annie Baker ● Apr 3, 2019

Applicaster, a New York-based cloud platform for app development and content distribution company, has raised $20 million in a growth round of funding.

Boston-Based Agile Travel Company Lola.com Secures $37 Million

By Noah Long ● Apr 3, 2019

Boston-based agile travel management company Lola.com announced it has raised $37 million in funding led by existing investors General Catalyst and Accel.

API And Service Lifecycle Management Platform Company Kong Raises $43 Million

By Dan Anderson ● Apr 3, 2019

Kong, a leading API and service lifecycle management platform, announced it raised $43 million in Series C funding led by Index Ventures.