Venture Capital

Career Risk Management Company Pando Closes $8 Million In Funding

By Dan Anderson ● Jun 10, 2020

Pando (303 Holdings) — a technology company delivering a new way for managing career risk — announced it has raised over $8 million in Series A funding.

Yugabyte Secures $30 Million In Funding

By Annie Baker ● Jun 10, 2020

Yugabyte — a leader in open-source distributed SQL databases — announced that it raised $30 million in an oversubscribed Series B round.

Wing Venture Capital Closes $450 Million Third Fund

By Amit Chowdhry ● Jun 10, 2020

Wing Venture Capital has announced that it closed Wing Three, which is a $450 million pool of capital dedicated to early-stage investing and long-term company-building.

Global Life Science Company DNAnexus Raises $100 Million

By Dan Anderson ● Jun 10, 2020

DNAnexus, a cloud-based SaaS company that is serving the global life science community, announced it closed a $100 million funding round.

Non-Invasive Robotic Platform Company HistoSonics Raises $40 Million

By Amit Chowdhry ● Jun 9, 2020

HistoSonics — the developer of a non-invasive robotic platform and sonic beam therapy — announced that it raised $40 million.

MIT-Born Quaise Raises $6 Million In Round Led By The Engine To Access Geothermal Energy

By Noah Long ● Jun 9, 2020

Quaise, a company that is pioneering millimeter-wave drilling technology for accessing deep geothermal energy, announced it raised $6 million.

Jio Platforms Raises $750 Million From Abu Dhabi Investment Authority

By Amit Chowdhry ● Jun 8, 2020

India-based digital services company and Reliance subsidiary Jio Platforms has raised $750 million from Abu Dhabi's sovereign wealth fund.

Basis Vectors Announces $50 Million Private Equity And Technology Fund

By Annie Baker ● Jun 8, 2020

Basis Vectors, a Berkshire Hathaway-style alternative investment and technology firm, announced its launch and plans to acquire B2B software companies.

Nashville-Based Petra Capital Partners Closes $208 Million For Growth Fund IV

By Dan Anderson ● Jun 8, 2020

Nashville, Tennessee-based Petra Capital Partners announced it completed fundraising on Petra Growth Fund IV (“PGF IV”) with $208 million of capital.

Travelport Raising Up To $1 Billion In Financing

By Dan Anderson ● Jun 8, 2020

Leading travel technology company Travelport Worldwide Limited announced that it received commitments for up to $1 billion from affiliates of existing owners.

Business Financial Data Company Powerlytics Raises $4 Million

By Noah Long ● Jun 8, 2020

Powerlytics, a data provider that has granular data for the 200 million adults and 30 million businesses that make up the U.S. economy, announced that it has raised $4 million in funding.

Vancouver-Based Quini Raises Funding For Its Real-Time Wine Sensory Data Platform

By Annie Baker ● Jun 8, 2020

Quini, a leader in sensory real-time data, analytics, and technology solutions for the wine industry, announced it completed a minority funding round led by OKR Financial.

TaxProper Closes $2 Million In Funding

By Amit Chowdhry ● Jun 7, 2020

TaxProper, a company that helps consumers appeal the assessments around property taxes if they feel it is too high, announced it has raised $2 million in funding.

Atlas Venture Raises $400 Million For Fund XII

By Amit Chowdhry ● Jun 7, 2020

Leading early-stage venture capital firm Atlas Venture announced that it closed its twelfth fund at $400 million. These are the details.

Atom Power Closes $17.75 Million From ABB, Rockwell (ROK), Valor, And Atreides

By Amit Chowdhry ● Jun 7, 2020

Atom Power, a company that is developing circuit breakers, distribution panels, and software, announced it raised $17.75 million.

Lahore-Based B2B E-Commerce Company Tajir Raises $1.8 Million

By Noah Long ● Jun 7, 2020

Pakistan-based B2B e-commerce company Tajir announced it has raised $1.8 million in funding.

Coastal Cloud Secures Funding From Sverica And Salesforce Ventures

By Dan Anderson ● Jun 7, 2020

Coastal Cloud LLC recently announced that it raised a strategic round of funding from Sverica Capital Management LP and Salesforce Ventures.

WeWork Co-Founder Miguel McKelvey To Step Down At The End Of June

By Noah Long ● Jun 6, 2020

WeWork co-founder and chief culture officer Miguel McKelvey announced he will be stepping down from the office-sharing startup at the end of the month

Autonomous Mobile Robot Company OTTO Motors Closes $29 Million In Funding

By Annie Baker ● Jun 5, 2020

OTTO Motors, a division of Clearpath Robotics, announced it has raised $29 million in Series C funding.

Why VMware (VMW) Is Buying Lastline

By Amit Chowdhry ● Jun 5, 2020

Tom Gillis, SVP & General Manager at VMware, Inc. (NYSE: VMW), announced that the company is intending to buy Lastline. These are the details.

Jio Platforms: $1.2 Billion From Mubadala Investment And $602 Million From Consortium Led By Silver Lake

By Noah Long ● Jun 5, 2020

Jio Platforms has received a ₹9,000 crore investment ($1.2 billion) from Abu Dhabi-based Mubadala Investment and 45.5 billion rupees ($602 million) from a consortium led by Silver Lake. These are the details.

Mercato Partners Closes $90 Million Savory Fund I

By Dan Anderson ● Jun 5, 2020

Mercato Partners has announced a new inaugural food and beverage fund called Savory Fund I with $90 million in capital.

Conversational Search Technology Company Searchable.ai Raises $4 Million

By Dan Anderson ● Jun 5, 2020

Searchable.ai — the creators of a new class of "Conversational Search" technology — announced that it raised $4 million in additional seed funding led by Susquehanna International Group and Omicron Media.

Cloud Communications Company Cloud9 Raises $17.5 Million Led By UBS

By Dan Anderson ● Jun 4, 2020

Cloud-based communications leader Cloud9 Technologies announced it has raised a $17.5 million Series B round of funding.