TOP NEWS

Brightwheel Picks Up $10M For Education Software

San Francisco-based Brightwheel, a developer of software for the preschool and early childhood education market, has raised $10M in a Series A financing round. The funding was led by GGV Capital, and also included Chan Zuckerberg Initiative, ICONIQ, and existing investors Eniac Ventures, Golden Venture Partners, Lowercase Capital, Mark Cuban Companies, and RRE Ventures, plus angeles Adam Grant, April Underwood, Dave Gilboa, Elizabeth & Kevin Weil, Felix Anthony, Scott Cannon, and Tina Sharkey....Continue →


Sun Basket Gets $15M

San Francisco-based Sun Basket, which provides delivery of healthy meal kits to its customers, said on Friday that it has raised $15M in a Series C funding round. The round was led by Sapphire Ventures, and also included Baseline Ventures, PivotNorth Capital, Accolade Partners, Founders Circle Capital, Shea Ventures, Relevance Capital, Vulcan Capital, Filter 14, and angels. The company says it has now raised $43M in funding, and how has over 700 employees....Continue →


Lytro Lands $60M More, Targets Hollywood

Mountain View-based camera technology developer Lytro announced this week that it has raised $60M in a Series D funding round, as it launches its first virtual reality project and targets its cameras for use in cinematic projects. The company said the funding was led by Blue Pool Capital, plus EDBI, Foxconn, Huayi Brothers and Barry Sternlicht, founder of Starwood. Existing investors Andreessen Horowitz, NEA, GSV, North Bridge and Qualcomm Ventures also participated....Continue →


Sourcebits Acquired By Ascendum

San Francisco-based Sourcebits, a provider of digital strategy, design, implementation, marketing and lifecycle-management services to brands, has been acquired by Cincinnati-based Ascendum. Financial terms of the buy were not disclosed. Sourcebits was venture backed by Sequoia and IDG. Sourcebits has offices in San Francisco, London and Bangalore.Continue →


Xcell Biosciences Finds $12M

San Francisco-based Xcell Biosciences announced that it has raised $12M in a Series A funding round, the company said this morning. The funding was led by HBM Genomics, and also included its other major existing investors. HBM Managing Director Saeid Akhtari will join the company's board with the funding. The company is developing a system which automated cell culture, in order to maintain key physiological conditions found in cellular microenvironments....Continue →


Komprise Collects $12M For Data Management Software

Campbell, California-based Komprise, a developer of data and storage management software, announced today that it has collected $12M in its Series B funding, led by Walden International. The funding also included Canaan Partners, as well as storage industry veterans Bill Moore (ZFS, EMC) and Sanjay Mehrotra (SanDisk). The company said the funds will go to scale operations....Continue →


BirdEye Gets $25M More

Sunnyvale-based BirdEye, a developer of business reputation and customer experience software, has raised $25M in a new funding round, the company said this week. The funding was led by World Innovation Lab (WiL), and also included existing investor Trinity Ventures. Rob Theis joins the company's board with the funding. BirdEye has previously received angel funding from Marc Benioff of Salesforce, Jerry Yang of Yahoo, Gokul Rajaram of Google, and Kevin Weil of Twitter/Instagram....Continue →


80 More Pokemon Debut In Pokemon GO

San Francisco-based game developer Niantic, and The Pokemon Company International said this morning that it is rolling out another, 80 Pokemon in the popular augmented reality game, later this week. According to the two, the new characters in the game come from its original Pokemon Gold and Pokemon Silver video games, including Chikorita, Cyndaquil, and Totodile. Niantic--the company which developed Pokemon Go--is led by John Hanke.Continue →


PayPal Buys TIO Networks

San Jose-based PayPal said it acquired bill payment processing and receivables management company TIO Networks on Tuesday afternoon, paying approximately $233M for the Vancouver, Canada company. Tio provides bill payment processing across North America, and, according to the companies, processed more than $7 billion USD in consumer bill payments in fiscal 2016.Continue →


IOVOX Taps Into $10M

Mill Valley- and London-based IOVOX, a developer of phone data analytics software for business, has raised $10M in a Series A funding, the company said today. The funding was led by Octopus Ventures, SF Capital, and Silicon Valley Bank. The company said the new investment goes to expansion in the United States. IOVOX says its software helps companies extract data from phone calls, to make them "as valuable and actionable as email." The company was founded in the UK by Ryan and Belinda Gallagher....Continue →


Dedrone Gets $15M For Drone Detection Systems

San Francisco-based Dedrone, a developer of software and hardware to detect unauthorized drones and drone threats, has raised $15M in a Series B funding. The funding came from Felicis Ventures and Cisco's John Chambers, along with Menlo Ventures....Continue →


Sensely Snags $8M For Virtual Medical Assistants

San Francisco-based Sensely, a developer of "virtual" medical assistant software, which helps physicians monitor a patient's health, has raised $8M in a Series B funding round. The company's virtual, on-screen assistants run on mobile phones and tablets, and help ask patients about their health status. The funding was led by Chengwei Capital, and also included Bioveda Ventures, Fenox Venture Capital, Mayo Clinic, and Stanford StartX. Sensely is led by Adam Odessky....Continue →



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LATEST FUNDING

2/17/17

Sun Basket

2/17/17

Lytro

2/16/17

Xcell Biosciences

2/15/17

Komprise Inc.

2/15/17

Iovox

2/14/17

BirdEye, Inc.

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