Startups

Greylock Partners: $1 Billion Raised For Sixteenth Fund

By Amit Chowdhry ● Sep 17, 2020

Menlo Park, California-based venture capital firm Greylock Partners has raised $1 billion for its sixteenth fund.

Fountain Names Sean Behr As Chief Executive Officer

By Dan Anderson ● Sep 16, 2020

High-volume talent acquisition platform Fountain announced it has appointed Sean Behr as Chief Executive Officer.

Autonomous Contact Center Company Replicant Closes $27 Million

By Dan Anderson ● Sep 16, 2020

Autonomous contact center company Replicant announced it has raised $27 million in Series A funding led by Norwest Venture Partners.

StackRox: $26.5 Million Funding And Over 240% Revenue Growth

By Dan Anderson ● Sep 16, 2020

StackRox — a leader in container and Kubernetes security — announced today that it has secured an additional $26.5 million in funding and hit over 240% revenue growth in the first half of the year.

Cybersecurity Company Panther Labs Secures $15 Million In Funding

By Annie Baker ● Sep 16, 2020

Panther Labs — a cybersecurity company founded by headed by Airbnb and AWS alumni — announced it has raised $15 million in Series A funding to accelerate the development of its open-source security platform.

Healthcare Quality Company Grand Rounds Raises $175 Million

By Annie Baker ● Sep 16, 2020

Grand Rounds — a leader in healthcare quality and clinical navigation — recently announced it has secured a $175 million round led by The Carlyle Group.

Dream Sports: $225 Million Funding At Reported Valuation Of Over $2.5 Billion

By Dan Anderson ● Sep 16, 2020

India-based Dream Sports — a company that runs a fantasy sports app called Dream11 — has raised $225 million in a new funding round.

Klarna: Massive $650 Million Funding And $10.65 Billion Valuation

By Amit Chowdhry ● Sep 15, 2020

Klarna — a leading global payment and shopping service — announced that it has raised $650 million in an equity funding round at a post-money valuation of $10.65 billion.

Airtable: $185 Million Funding And Reported $2.585 Billion Valuation

By Amit Chowdhry ● Sep 14, 2020

Cloud productivity company Airtable announced it has raised $185 million in a Series D funding round led by existing investor Thrive Capital.

MDLIVE Secures $50 Million Crossover Equity Investment From Sixth Street Growth

By Noah Long ● Sep 14, 2020

MDLIVE — one of the three largest and fastest-growing telehealth companies in the U.S. offering virtual healthcare services in all 50 states — announced it has closed a $50 million crossover equity investment from Sixth Street Growth.

RNA Therapeutics Company Korro Bio Raises $91.5 Million

By Dan Anderson ● Sep 14, 2020

RNA therapeutics company Korro Bio announced recently that it has raised $91.5 million in a Series A funding round.

Self-Funded Health Insurance Company Sana Benefits Secures $20.8 Million

By Annie Baker ● Sep 14, 2020

Sana Benefits — a provider of self-funded health insurance for small businesses — announced that it has closed $20.8 million in Series A funding led by Gigafund.

Casma Therapeutics Raises $50 Million In Series B

By Noah Long ● Sep 14, 2020

Casma Therapeutics — a biotechnology company harnessing autophagy and the lysosome to design powerful new medicines — announced it has raised $50 million in Series B funding.

Snyk: $200 Million Funding And Over $2.6 Billion Valuation

By Noah Long ● Sep 13, 2020

Developer-first security company Snyk announced it has raised $200 million led by Addition. These are the details.

AaDya Security: $2.7 Million Funding And Cybersecurity Platform Marzo4 Launch

By Amit Chowdhry ● Sep 13, 2020

AaDya Security, a Detroit-based cybersecurity platform company, announced recently it has closed $2.7 million in funding and launched an all-in-one cybersecurity platform called Marzo4.

Autonomous Demand Generation Company Metadata.io Raises $6.5 Million

By Amit Chowdhry ● Sep 13, 2020

Autonomous demand generation platform Metadata.io announced it raised $6.5 million in an oversubscribed Series A funding round led by Resolute Ventures.

Sprinklr: $200 Million And $2.7 Billion Valuation

By Amit Chowdhry ● Sep 13, 2020

Customer Experience Management (CXM) platform Sprinklr announced that it has raised $200 million at a $2.7 billion valuation from Hellman & Friedman (H&F) and secured an additional $150 million in convertible securities from Sixth Street Growth.

Payroll And Compliance Platform Deel Raises $30 Million

By Amit Chowdhry ● Sep 12, 2020

Payroll and compliance platform company Deel announced it has raised $30 million in Series B funding led by Spark Capital.

Truepill: $75 Million In Funding And Nearly $200 Million In Annual Revenue

By Amit Chowdhry ● Sep 12, 2020

Truepill — a healthcare services company that is known for offering telehealth and pharmacy fulfillment — made a couple of major announcements this week. These are the details.

Cybersecurity Validation Company Pcysys Raises $25 Million

By Annie Baker ● Sep 11, 2020

Cybersecurity validation company Pcysys has announced that it has completed a $25 million Series B round of funding led by Insight Partners.

Sumo Logic Plans To Raise Over $310 Million In IPO

By Amit Chowdhry ● Sep 11, 2020

Machine data analytics company Sumo Logic is planning to raise over $310 million in a U.S. initial public offering (IPO). These are the details.

Infoblox Receives Significant Investment From Warburg Pincus

By Noah Long ● Sep 11, 2020

Infoblox — a leader in Secure Cloud-Managed Network Services — announced that it has secured a significant investment from Warburg Pincus.

Fortive (FTV) Subsidiary Fluke Leads Investment In Everactive

By Amit Chowdhry ● Sep 11, 2020

Fluke Corporation, a subsidiary of Fortive Corporation (NYSE: FTV) recently announced that it led an investment in Everactive.

Collaborative SQL Editor PopSQL Raises $3.4 Million

By Dan Anderson ● Sep 10, 2020

PopSQL -- a collaborative SQL editor for teams -- announced that it has raised $3.4 million in seed funding led by Gradient Ventures.

Byju’s: $500 Million Funding And Reported $10.8 Billion Valuation

By Amit Chowdhry ● Sep 10, 2020

Byju’s announced it has raised $500 million in a new round of funding. The valuation at this funding round was reportedly $10.8 billion.

B2B Payments Company Melio Closes $144 Million

By Amit Chowdhry ● Sep 10, 2020

B2B payments company Nekui announced it has raised $144 million. These are the details.

Motion Analysis App Company Mustard Raises $1.7 Million

By Amit Chowdhry ● Sep 9, 2020

Mustard -- the world's first elite-level motion analysis app for broad athletics coaching -- announced recently that it raised $1.7 million in funding.

Legal Entity Management Software Company Athennian Raises $10 Million CAD

By Amit Chowdhry ● Sep 9, 2020

Athennian, developers of the leading cloud-based legal entity management software, announced that it has raised $8 million in Series A funding.

SaaS Ventures Launches Second Fund And Raises $20 Million In First Close

By Amit Chowdhry ● Sep 9, 2020

SaaS Ventures has launched a second fund (Fund II), which held an initial closing with $20 million of commitments.

Brightspark: Third Closing Of Fund At $60 Million

By Amit Chowdhry ● Sep 9, 2020

Brightspark Capital announced the third close of its new Brightspark Canadian Opportunities Fund (BCOF) with commitments of $60 million towards an ultimate fund size of $75 million.