Startups

Intel Hires Masooma Bhaiwala From AMD

By Amit Chowdhry ● Dec 21, 2019

Intel has hired Masooma Bhaiwala, who is a former corporate vice president at AMD. At Intel, she will oversee the development of GPUs for clients and data center segments.

Precision Oncology Company Kinnate Biopharma Raises $74.5 Million

By Noah Long ● Dec 21, 2019

Kinnate Biopharma, a precision oncology company focused on the discovery and development of novel kinase inhibitors, announced it raised $74.5 million.

Direct-To-Consumer Travel Wear Company Summersalt Raises $17.3 Million

By Amit Chowdhry ● Dec 21, 2019

St. Louis based direct-to-consumer travel wear company Summersalt announced it raised $17.3 million in Series B funding led by Mercato Partners.

Graycliff Partners Sets Up $350 Million Buyout Fund

By Amit Chowdhry ● Dec 21, 2019

Graycliff Partners LP announced the final closing of its fourth private equity fund called Graycliff Private Equity Partners IV LP (GPEP IV).

Report: Facebook Acquired Packagd To Potentially Set Up A Live Shopping Service

By Annie Baker ● Dec 21, 2019

Facebook has reportedly acquired a video shopping company called Packagd to set up a live shopping feature within Marketplace.

Ripple: $200 Million In Funding And Massive $10 Billion Valuation

By Amit Chowdhry ● Dec 21, 2019

Ripple has announced it raised $200 million in Series C funding at a massive $10 billion valuation. This funding validates blockchain tech in improving global payments.

Domio: This Upscale Apartment-Hotel Company Just Raised $100 Million

By Amit Chowdhry ● Dec 21, 2019

New York-based technology-powered apartment-hotel company Domio announced it raised $100 million in Series B funding (combination of equity and debt).

HaptX: $12 Million In Funding And Partnership With Advanced Input Systems

By Dan Anderson ● Dec 20, 2019

HaptX, a leading provider of realistic haptic technology, announced it raised $12 million in Series A funding and signed a new strategic partnership.

Nashville-Based Education Startup Possip Raises $1 Million

By Annie Baker ● Dec 20, 2019

Possip, a Nashville-based company that provides real-time education feedback from parents to schools, announced it raised slightly more than $1 million.

Midwest-Based Arthur Ventures Raises $155 Million For 2 New Funds

By Amit Chowdhry ● Dec 20, 2019

Arthur Ventures announced it raised $155 million for two new funds to invest in the fastest-growing B2B software companies outside of Silicon Valley.

Mobile Food Ordering Service Snackpass Raises $21 Million

By Annie Baker ● Dec 20, 2019

Snackpass, a mobile food ordering service, announced it has raised $21 million in funding led by Andreessen Horowitz partner Andrew Chen.

Springboard: This Company Has Raised $11 Million To Expand Its Coding Bootcamps

By Dan Anderson ● Dec 20, 2019

Springboard, an education boot camp company, announced it raised $11 million in Series A funding led by Reach Capital.

One Concern Hires Team Behind Datmo

By Amit Chowdhry ● Dec 20, 2019

One Concern has hired the team behind Datmo, Anand Sampat and Shabaz Patel.

New Orleans-Based Levelset Raises $30 Million To Help Contractors Get Paid Faster

By Amit Chowdhry ● Dec 20, 2019

Levelset, a New Orleans-based platform that helps contractors get paid faster, announced it raised $30 million.

Google Buying Game Developer Company Typhoon Studios: Details About The Deal

By Amit Chowdhry ● Dec 20, 2019

Google is buying Montreal-based gaming studio Typhoon Studios. These are the details about the deal.

AI Media Company Ryff Raises $5 Million

By Dan Anderson ● Dec 20, 2019

Ryff announced it has raised $5 million in funding led by Valor Siren Ventures. These are the details about the funding news.

Fabless Semiconductor Company Atmosic Technologies Raises $28.5 Million

By Noah Long ● Dec 20, 2019

Atmosic Technologies, an innovator of ultra-low-power wireless for the Internet of Things (IoT), announced it raised $28.5 million.

Volition Capital Closes $600 Million For Two Oversubscribed Funds

By Amit Chowdhry ● Dec 20, 2019

Volition Capital, a leading tech and consumer growth equity firm, announced it closed $600 million for two oversubscribed funds.

Contract Intelligence Company Evisort Raises $15 Million

By Dan Anderson ● Dec 20, 2019

Evisort, an AI-powered contract intelligence system, announced it raised $15 million in Series A funding.

Behavioral Health Home Company Emilio Raises $5 Million

By Dan Anderson ● Dec 19, 2019

Emilio Health, a technology-enabled behavioral health home for children and their families, announced it raised $5 million in seed funding.

Providence Equity Partners Buying A Majority Stake In Smartly.io

By Amit Chowdhry ● Dec 19, 2019

Providence Equity Partners announced it acquired a majority stake in Helsinki-based Smartly.io. The deal was reportedly at €200 million.

Why Terminus Is Buying Sigstr

By Noah Long ● Dec 19, 2019

Customer rated account-based marketing platform company Terminus announced it is buying Sigstr. These are the details about the deal.

Molecular Diagnostics Company ArcherDX Raises $55 Million

By Dan Anderson ● Dec 19, 2019

ArcherDX, a molecular diagnostics company dedicated to developing breakthrough solutions that advance the application of personalized genomic medicine, announced it raised $55 million.

Data-Science-As-A-Service Company Cogitativo Raises $18.5 Million

By Noah Long ● Dec 19, 2019

Cogitativo, a first-to-market data-science-as-a-service (DSaaS) company for healthcare service organizations, announced it raised $18.5 million in a Series B round of funding.

Comp Insurance Company Hourly Closes $7.15 Million In Funding

By Annie Baker ● Dec 19, 2019

Palo Alto-based company Hourly announced it raised $7.15 million in a seed round of funding.

Moxxie Ventures Sets Up $25 Million Debut Fund For Underrepresented Founders

By Amit Chowdhry ● Dec 19, 2019

Katie Jacobs Stanton announced that she has launched her debut venture capital fund Moxxie Ventures has raised $25 million.

Tusk Ventures Raises $70 Million For Second Flagship Fund

By Amit Chowdhry ● Dec 19, 2019

New York-based venture capital company Tusk Ventures announced it has raised $70 million for its second flagship fund.

Computational Pathology Company Paige Raises $45 Million

By Dan Anderson ● Dec 19, 2019

Paige, a leader in computational pathology transforming the diagnosis and treatment of cancer, announced it raised $45 million.

Alchemy Raises $15 Million To Grow Its Blockchain Infrastructure Platform

By Amit Chowdhry ● Dec 19, 2019

San Francisco-based blockchain company Alchemy announced the debut of its infrastructure platform that enables enterprises to easily build real-world applications on top of blockchain technologies.

Insurance Management Platform Huckleberry Raises $18 Million

By Annie Baker ● Dec 19, 2019

Insurance purchasing and management platform Huckleberry has raised $18 million in Series A funding.