Tag: funding daily

Nreal raises $16 million for lightweight mixed reality glasses

Nreal, a Beijing-based developer of ready-to-wear mixed reality glasses, has raised an additional $16 million in funding to make its 3-ounce smart glasses into a powerful and immersive experience. The money came from China Everbright Limited New Economy Fund, iQiyi, Shunwei Capital, and China Growth Capital. The latest round comes […]

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Ctrl-labs raises $28 million from GV and Alexa Fund for neural interfaces

“We’re at the point of the launch where … we want to get it out [to] developers,” Berenzweig said. On the software side of the equation, the accompanying SDK is “more mature,” with built-out JavaScript and TypeScript toolchains and new prebuilt demos that give an idea of the hardware’s capabilities. Programming […]

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Splice Machine raises $16 million for unified machine learning platform

Splice Machine, a self-described data platform for “operational” artificial intelligence (AI), today announced that it’s raised $16 million in series B financing led by GreatPoint Ventures (GPV), with minority equity participation from Accenture Ventures and individual investor and SunBridge Group CEO Allen Miner. The influx of fresh capital — which follows […]

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ThousandEyes raises $50 million to monitor network performance

ThousandEyes, a San Francisco cloud analytics startup founded in 2010 by UCLA Internet Research Lab grad students Mohit Lad and Ricardo Oliveira, today announced that it has raised $50 million in a series D financing round led by GV (formerly Google Ventures), with contributions from new investor Thomvest Ventures and […]

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Armorblox raises $16.5 million for NLP that secures human communication

Natural language processing (NLP) — the branch of AI that helps computers understand and manipulate human language — might not seem naturally applicable to cybersecurity, but as it turns out, the benefits can be enormous. Just ask Dhananjay Sampath. He’s the cofounder of Armorblox, a cybersecurity startup that emerged from stealth […]

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Lenovo leads $10 million investment in robotics startup Vincross

Robotics startup Vincross today announced the close of a $10 million funding round led by Lenovo. The funds will be used to expand the Vincross line of robotics, starting with Mind Kit, a collection of essential parts hobbyists and tinkerers can configure to make versatile robots capable of completing a […]

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Kairos raises $4 million for facial recognition technology

Miami, Florida-based facial recognition startup Kairos today announced that it has raised $4 million from individual investor E. Jay Saunders, chair and CEO of regulation technology company Domus Semo Sancus, bringing Kairos’ total raised to $17 million. The fresh capital will be used to “help [Kairos] continue innovating at the vanguard […]

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Peraso raises $42 million for WiGig integrated chip solutions

Peraso Technologies, a Toronto-based fabless semiconductor company developing wireless networking chips based on the Wi-Fi Alliance’s Wireless Gigabit (WiGig) standard, today announced that it has raised $42 million in financing co-led by two strategic investors and existing partner Roadmap Capital. This comes after the company secured $20 million in a series C […]

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Redis Labs raises $60 million for its NoSQL database

Redis Labs made headlines last year when it controversially changed licensing on its previously free-to-use add-on modules to the Common Clause, requiring service providers to pay for them. Today the Mountain View, California-based startup announced it has raised $60 million in series E funding. The round was led by Francisco Partners, with […]

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M12-backed NsKnox raises $15 million for real-time payment fraud detection

Payments fraud is on the rise, and not even corporate giants are immune. In April 2017, a U.S. Justice Department investigation revealed that Facebook and Google were the victims of a $100 million payment scam by an Asian supplier. And two years ago, transactions fraud hit a record high of 78 […]

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Amazon leads $700 million investment into electric pickup truck startup Rivian

(Reuters) — Amazon.com said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive, in the e-commerce giant’s biggest bet on technologies with potential to reshape the automotive sector. The deal represents a major endorsement of Rivian’s electric vehicle technology by the world’s […]

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Malt raises $28 million to expand its European freelance platform

Paris-based Malt has raised $28 million in venture capital as it plans expansion of its freelance platform into Germany and the Netherlands. The company has tried to simplify the process of being a freelancer in a country where rigid economic and bureaucratic systems make working independently daunting. Malt provides a […]

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Affinity raises $26.5 million to manage relationships with machine learning

Relationships are a tricky thing — and particularly fraught in the enterprise world, where the right connection or second-degree contact can make the difference in a high-stakes deal. That’s why almost five years ago, Stanford grads Ray Zhou and Shubham Goel cofounded Affinity, a San Francisco startup developing what they […]

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Rapyd raises $40 million to expand its payments network worldwide

Rapyd, a U.K.-based firm that helps companies and merchants of all sizes integrate a range of payment services into their platforms, has raised $40 million in series B funding to further expand its operations worldwide. The round was led by General Catalyst and Stripe and included participation from Target Global, […]

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Joor raises $16 million to expand its online fashion marketplace

Joor, an online marketplace that connects fashion brands and retailers, has closed $16 million in series C funding as it looks to add more tools to its platform and expand operations in Asia. The round was led by Japanese conglomerate Itochu and included participation from existing investors Canaan Partners and Battery […]

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Axonius raises $13 million to help businesses track and secure their connected devices

As hackers get smarter and the magnitude of their damage expands, a growing number of cybersecurity firms are trying to persuade legacy companies to rethink their security strategy. Israeli startup Axonius today raised $13 million in series A funding to continue that pursuit. The round was led by California-headquartered VC firm Bessemer, Axonius […]

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Second Measure raises $20 million to analyze companies’ sales and growth rates

Predicting customers’ purchasing patterns is easier said than done. It necessarily involves collecting huge amounts of data, and growing and maintaining the resulting datasets over the course of months (or years). And that’s only the start — sussing out the corpora’s key metrics requires purpose-built sophisticated, scalable analytics tools. Former BioWare […]

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Nuro raises $940 million for robot car deliveries

Nuro, a startup targeting the multibillion-dollar autonomous delivery robot market, has attracted sizeable venture capital from Softbank. The Japanese holding conglomerate today announced that it has invested almost $1 billion — $940 million — in Nuro through its Vision Fund, at a valuation of around $2.7 billion. That’s up substantially […]

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KenSci raises $22 million for AI that cuts health care costs

Health care is expensive. In 2017, costs totaled $3.5 trillion in the U.S. alone, equal to 17.9 percent of country’s gross domestic product. Driving the bulk of the receipts were chronic diseases like heart disease and diabetes — almost half of all Americans have at least one. And the sickest […]

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Lime raises another $310 million, bringing its valuation to $2.4 billion

Confirming rumors that have been swirling for some time, on-demand electric scooter and bike startup Lime today announced that it has closed a $310 million series D financing round led by Andreessen Horowitz, Bain Capital Ventures, Fidelity Investments, GV and IVP.  It values the company at a whopping $2.4 billion — […]

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Signal Sciences raises $35 million to grow its security platform for web apps

Signal Sciences, a security platform for web applications, has raised $35 million in a series C round of funding led by Lead Edge Capital, with participation from Index Ventures, CRV, Harrison Metal, and OATV. Founded in 2014, Culver City, California-based Signal Sciences offers a modern web application firewall (WAF) and runtime application […]

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Intel Capital leads $30 million investment in workplace automation platform Catalytic

Robotic process automation (RPA) software company Catalytic today announced the close of a $30 million funding round to grow the engineering, sales, and consulting divisions of its business. The funding will also be used to open offices in Palo Alto, New York, and possibly London, Catalytic CEO Sean Chou told VentureBeat […]

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