Startups

Feather Receives $30 Million Credit Line From Credit Suisse Group (CS)

By Annie Baker ● Aug 3, 2020

Credit Suisse Group AG (NYSE: CS) is providing a $30 million credit line to furniture rental startup company Feather, according to Crunchbase.

Apple (AAPL) Acquisition Could Radically Disrupt The Mobile Payments Market

By Amit Chowdhry ● Aug 2, 2020

Apple Inc. (NASDAQ: AAPL) has acquired Mobeewave, which is a company that developed technology enabling shoppers to tap a credit card on another device for processing a payment.

Porch.com Combining With SPAC Company PropTech Acquisition Corp (PTAC) To Go Public

By Amit Chowdhry ● Aug 1, 2020

Special purpose acquisition company PropTech Acquisition Corp (NASDAQ: PTAC) and Porch.com entered into a definitive agreement which would result in Porch becoming a publicly listed company.

Microsoft (MSFT) Reportedly Considering A Deal To Buy TikTok In The U.S. [Update]

By Amit Chowdhry ● Jul 31, 2020

Microsoft Corporation (NASDAQ: MSFT) is reportedly in discussions to buy TikTok in the U.S. These are the details.

Digital Home Closing Service JetClosing Raises $9 Million

By Dan Anderson ● Jul 31, 2020

JetClosing — the leading digital home closing service for resales and refinances — announced that it has raised $9 million in Series B funding.

Why Atlassian (TEAM) Is Buying Mindville

By Amit Chowdhry ● Jul 31, 2020

Atlassian Corporation (NASDAQ: TEAM) has announced that it is buying Mindville — which is a Jira-focused enterprise asset management company.

Alan Patricof And Abby Levy Launch Primetime Partners

By Amit Chowdhry ● Jul 30, 2020

Wellness executive and founder Abby Levy and iconic investor and Alan Patricof have announced the launch of Primetime Partners.

Wyze Labs Secures $15 Million

By Amit Chowdhry ● Jul 30, 2020

Wyze Labs, Inc. announced it has closed $15 million in financing led by Norwest Venture Partners.

Sema4: $121 Million Funding And Valuation Of Over $1 Billion

By Noah Long ● Jul 30, 2020

Sema4 — a patient-centered health intelligence company — announced that funds managed by BlackRock led its oversubscribed Series C financing of $121 million.

TransferWise Completes $319 Million Secondary Share At $5 Billion Valuation

By Amit Chowdhry ● Jul 30, 2020

TransferWise — a London-based money transfer company — announced that it has raised $319 million in secondary share at a valuation of $5 billion

Home Fitness System Company Tempo Raises $60 Million

By Amit Chowdhry ● Jul 30, 2020

Tempo — a home fitness system that uses 3D sensors and artificial intelligence to analyze your motion — announced it has raised $60 million in new funding.

Remitly: $85 Million Funding And $1.5 Billion Valuation

By Amit Chowdhry ● Jul 30, 2020

Remitly — a mobile-first provider of remittances and financial services for immigrants — announced an $85 million funding round.

Cloud Access Risk Security Company Ermetic Raises $17 Million

By Dan Anderson ● Jul 29, 2020

Ermetic — a cloud access risk security company — announced that it has raised a $17.25 million Series A round of financing led by Accel.

Field Service Management Company KloudGin Secures $8.2 Million

By Annie Baker ● Jul 29, 2020

KloudGin — the leading provider of AI cloud-based field service and asset management solutions — announced that it has raised $8.2 million in Series A funding.

Vendor Security Platform Whistic Closes $12 Million

By Noah Long ● Jul 29, 2020

Whistic — a proactive vendor security platform for both buyers and sellers — announced that it has raised $12 million in Series A funding led by Emergence.

Eargo Raises $71 Million To Help People With Hearing Loss

By Dan Anderson ● Jul 29, 2020

Eargo — a medical device company that is on a mission to improve the quality of life of people with hearing loss — announced it raised $71 million in equity financing.

Conversation Intelligence Platform Chorus.ai Closes $45 Million

By Annie Baker ● Jul 29, 2020

Conversation Intelligence Platform Chorus.ai announced that it has raised $45 million in a Series C round of funding led by Georgian Partners.

Why Salesforce (CRM) Is Investing In Hearsay Systems

By Amit Chowdhry ● Jul 29, 2020

Salesforce.com, Inc. (NYSE: CRM) and Hearsay Systems have announced a strategic partnership and investment from Salesforce Ventures. These are the details.

Developer Online Community Stack Overflow Raises $85 Million

By Amit Chowdhry ● Jul 29, 2020

Stack Overflow — one of the most trusted platforms for developers and technologists — announced that it has raised $85 million in Series E funding led by GIC.

Financial Crime Detection Company ComplyAdvantage Secures $50 Million

By Amit Chowdhry ● Jul 29, 2020

ComplyAdvantage — a global technology company that is transforming financial crime detection — announced that it has closed $50 million in Series C funding.

People Counting Solution Density Closes $51 Million In Funding

By Amit Chowdhry ● Jul 29, 2020

Density — the standard platform for counting people — announced that it has closed $51 million in Series C funding.

Freight Data And Analytics Company FreightWaves Raises $37 Million

By Amit Chowdhry ● Jul 28, 2020

FreightWaves — the leading provider of freight data and analytics — announced that it has raised $37 million in two rounds of minority investment since April.

Healthcare Company Transformative Raises $1.7 Million

By Noah Long ● Jul 28, 2020

Transformative — a healthcare company that has developed software that can predict sudden cardiac arrest — announced that it raised $1.7 million in a seed round of funding led by Tera Ventures.

Ro: $200 Million Funding, $250 Million Annual Sales, $1.5 Billion Valuation

By Amit Chowdhry ● Jul 28, 2020

Ro has announced that it has raised $200 million in funding at a $1.5 billion valuation. Plus the company also revealed that it is now generating $250 million in annual revenue without taking insurance.

Biodesign Company Geltor Raises $91.3 Million

By Dan Anderson ● Jul 28, 2020

Geltor recently announced that it has closed a $91.3 million Series B round of funding. These are the details about the funding.

One Peak Closes €443 Million Growth Fund

By Amit Chowdhry ● Jul 27, 2020

One Peak — a leading technology venture investor for growth-stage companies in Europe — announced the closing of One Peak Growth II at its hard cap of €443 million.

The Helper Bees Raises $6 Million And Partners With Insurance Carriers

By Amit Chowdhry ● Jul 27, 2020

The Helper Bees (THB) — a company that is creating a better model for home care — announced that it has raised $6 million in Series A funding led by Silverton Partners.

Cloud-Based Experiential Content Company Ceros Raises $100 Million

By Dan Anderson ● Jul 27, 2020

Interactive SaaS design platform company Ceros announced a strategic investment from Sumeru Equity Partners (SEP). These are the details.

Encoded Therapeutics Closes $135 Million In Series D Funding

By Annie Baker ● Jul 27, 2020

Precision gene therapy company Encoded Therapeutics announced it has raised $135 million in an oversubscribed Series D round of funding.

Cybersecurity Company CyCognito Raises $30 Million

By Dan Anderson ● Jul 27, 2020

CyCognito — the leader in uncovering and prioritizing risk from attacker-exposed systems and assets — announced recently that it has raised $30 million in Series B funding.