TOP NEWS

Platform9 Picks Up $22M More For Enterprise, Hybrid Clouds

Sunnyvale-based Platform9, a developer of hybrid cloud software, has raised $22M more in funding in a Series C round. The round was led by Canvas Ventures, and also included Hewlett Packard Enterprise (HPE), Redpoint Ventures, and Menlo Ventures. The company says it has now raised $36.5M. Platform9 develops hybrid cloud software to help enterprises deploy cloud technology within their companies; the company's technology is based on OpenStack....Continue →


Polybit Finds $2M For StdLib

San Francisco-based Polybit, the company which develops the StdLib software API platform, says it has raised $2M in a seed funding round. The funding was led by BlueYard Capital, and also included Liquid 2 Ventures, the investment firm run by Joe Montana, Astron Motes (Dropbox), Michael Dabrowski (Synthego), and the Nordic Makers Venture Group, which includes David Helgason, the founder of Unity. The investors also included early, Heroku engineering team members, who were not named by Polybit....Continue →


Xcalar Gets $21M For Big Data Analytics

San Jose-based Xcalar, a developer of big data software for business analytics, has raised $21M in a Series A funding, the company said on Tuesday. The round was led by Khosla Ventures, and also included angels Andy Bechtolsheim and Diane Greene, along with Merus Capital. Xcalar was founded by former Oracle employees Vikram Joshi and Rebecca Ye.Continue →


JASK Finds $12M For AI Powered Cybersecurity Software

San Francisco-based JASK, a developer of artificial intelligence-based cybersecurity tools, has raised $12M in a Series A funding. The funding was led by Dell Technologies Capital, and also included TenEleven Ventures, Battery Ventures, and Vertical Venture Partners. As part of the funding, Dell's Deepak Jeevankumar and TenEleven's Mark Hatfield have joined the company's board of directors....Continue →


Drive.ai Parks $50M Funding Round

Mountain View-based Drive.ai, a developer of self driving software technology, has raised $50M in a Series B funding. The funding was led by New Enterprise Associates, and also included GGV Capital and Northern Light Venture Capital. Drive.ai is developing self driving vehicle technology, which it says is aimed at powering fleets of vehicles with retrofit kits, transforming traditional vehicles into self-driving models. Sameep Tandon is CEO and co-founder of Drive.ai....Continue →


Apple Buys Eye Tracking Startup, Says Report

Apple has acquired German eye-tracking technology developer SensoMotric Instruments, according to a report on Monday. MacRumors has uncovered evidence, including German corporate legal filings, which indicate Apple has acquired SensoMotric via a shell company, Vineyard Holdings. Financial details of the buy were not announced.Continue →


Cloudflare Launches $100M Venture Investment Fund

San Francisco-based Cloudflare announced this morning that it has launched a new, $100M investment fund, which it will invest in startups building apps that use its global infrastructure. The new Cloudflare Developer Fund is bacing backed by New Enterprise Associates (NEA), Venrock, and Pelion Venture Partners....Continue →


Houzz Finds $400M More

Palo Alto-based Houzz, which provides home remodeling and design information, has raised $400M in a Series E funding, the company said Monday afternoon. The funding was led by ICONIQ Capital, and also included Wellington Management Company, plus Sequoia, Zeev Ventures and GGV Capital. Houzz, led by CEO and cofounder Adi Tatarko, said it will use the funding to expand, particularly outside of North America.Continue →


Datometry Gets $10M

San Francisco-based Datometry, a developer of database virtualization software, has raised $10M in a Series A funding, the company said last week. The funding was led by Reline Capital and also included Dell Technologies Capital and Acorn Pacific Ventures. Datometry is led by founder and CEO Mike Waas.Continue →


Vineti Gets $13.75M For Pharmaceuticals Software

San Francisco-based Vineti, a developer of software aimed at use in cell and gene therapy, has raised $13.75M in a Series A funding, the company said last week. The funding came from GE Ventures, Mayo Clinic Ventures, DFJ and LifeForce Capital. The company said it is developing software to accelerate delivery of individualized cell therapy for treating cancer. Amy DuRoss is CEO at Vineti.Continue →


Satellogic Snags $27M

San Francisco- and Argentina-based Satellogic, a developer of a network of microsatellites, which it uses for earth imaging, said last week that it has raised $27M in a Series B funding round. The funding was led by Tencent, and also included Pitanga and CrunchFund. The company said it has so far launched six satellites with a 30 meter, hyperspectral camera into space.Continue →


Lingokids Finds $4M For Language Learning

Lingokids, a developer of English learning software which has its U.S. headquarters in San Francisco, but operations in Madrid, Spain, has raised $4M in a funding round, the company said this week. The funding came from Holtzbrinck Ventures and JME Venture Capital and also included Bessemer Ventures Partners. Lingokids was formerly known as Monikum.Continue →



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6/28/17

Platform 9

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6/27/17

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6/26/17

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