Startups

Sandfly Security: Agentless Linux Security Company Raises Seed Funding

By Amit Chowdhry ● Mar 26, 2024

Sandfly Security, an agentless Linux Security company, announced it secured seed funding from Gula Tech Adventures and Sorenson Capital to meet growing market demand for its comprehensive Linux security solution.

Edgewood Oncology Closes $20 Million To Help Patients With Hematologic Malignancies And Genetically-Defined Solid Tumors

By Amit Chowdhry ● Mar 26, 2024

Edgewood Oncology (a clinical-stage biotechnology company focused on delivering BTX-A51 to patients with hematologic malignancies and genetically defined solid tumors) has emerged from stealth mode with $20 million in Series A funding backed by Alta Partners to advance the clinical development of BTX-A51 in acute myeloid leukemia (AML) and a precision medicine approach to breast cancer.

Eliyan: Chiplet Interconnect Company Raises $60 Million

By Amit Chowdhry ● Mar 26, 2024

Eliyan, a company known for inventing the semiconductor industry’s highest-performance and most efficient chiplet interconnect, announced the closing of its latest funding round, totaling $60 million. The round was co-led by Samsung Catalyst Fund and Tiger Global Management and included participation from existing investors, including Intel Capital, SK hynix, Cleveland Avenue, Mesh Ventures, and others.

Circular: Sustainable Sourcing Platform Company Raises $10.5 Million

By Amit Chowdhry ● Mar 25, 2024

Circular.co, a leading sustainable sourcing platform, announced it raised $10.5 million to expand its massive database of post-consumer recycled (PCR) materials and the accompanying platform, which streamlines the buying and selling of PCR materials.

Foundational: $8 Million Raised To Identify And Prevent Data Issues With Advanced Analysis

By Amit Chowdhry ● Mar 25, 2024

Foundational - a company that uses advanced analysis to identify and prevent data issues in data platforms - announced its general availability with $8 million in seed funding. The funding round was led by Viola Ventures and Gradient (Google's AI-focused venture fund), with participation from Asymmetric Venture Partners and executives from Datadog, Intuit, Meta, Wiz, and others.

Finite State: Software Risk Management Company Raises $20 Million

By Amit Chowdhry ● Mar 25, 2024

Finite State - a leader in comprehensive software risk management for the connected world - announced that it raised a $20 million growth round led by Energy Impact Partners (EIP).

Goalsetter: Wealth Building And Financial Education Company Raises $9.6 Million

By Amit Chowdhry ● Mar 25, 2024

Goalsetter, a spending, saving, wealth-building, and financial education platform, announced the closing of a $9.6 million Series A extension round. This newest funding round for Goalsetter was led by an affiliate of Edward Jones and MassMutual through its MM Catalyst Fund. The Series A investors Fiserv, Webster Bank, Seae Ventures, Astia Fund, and Partnership Fund for New York City participated in the round, along with new investors Reseda Group and InTouchCU.

FundGuard: Investment Management Platform Company Raises $100 Million

By Amit Chowdhry ● Mar 25, 2024

FundGuard - a fully cloud-native and AI-powered multi-asset class investment accounting platform for asset managers, asset owners, custodian banks, and fund administrators - announced today the successful closing of its Series C funding round, amounting to $100 million. Key1 Capital and new investors led this latest funding round, including Euclidean Capital and funds managed by Hamilton Lane. And this funding round also saw strong participation from existing strategic investors Blumberg Capital and Team8.

Airvine: Intelligent Broadband Wireless Backhaul Company Raises $6.2 Million

By Amit Chowdhry ● Mar 25, 2024

Mirador Therapeutics: Over $400 Million Raised To Develop Precision Medicines For Immune-Mediated Diseases

By Amit Chowdhry ● Mar 25, 2024

Mirador Therapeutics - a company founded by Mark C. McKenna and led by several former executives of Prometheus Biosciences (acquired in 2023 by Merck for $10.8 billion) - launched this month. Mirador has raised over $400 million in financing led by ARCH Venture Partners, with early investments from OrbiMed and Fairmount. Other premier life sciences investors also joined, including Fidelity Management & Research Company, Point72, Farallon Capital Management, Boxer Capital, TCGX, Invus, Logos Capital, Moore Strategic Ventures, Blue Owl Healthcare Opportunities, Sanofi Ventures, Woodline Partners, Venrock Healthcare Capital Partners, RTW Investments and Alexandria Venture Investments.