– Dutchie, a technology company that helps facilitate legal cannabis orders, raised $350m in Series D funding.
– The round was led by D1 Capital Partners, with participation from previous investors including Tiger Global, Dragoneer, DFJ Growth, Thrive Capital, Gron Ventures, and Casa Verde Capital, and new investors, including Willoughby Capital, Glynn Capital, and Park West Asset Management.
– It brings the company to a valuation of $3.75 billion.
– The company’s technology includes e-commerce, point of sale and seamless payment solutions and is used to power annual sales of more than $14 billion at 5,000 cannabis dispensaries across North America.

– SingleStore, the single database for all data-intensive applications, announced that it has raised $80m in its Series F round.
– The round was led by Insight Partners with participation from new investor Hewlett Packard Enterprise.
– Existing investors Khosla Ventures, Dell Technologies Capital, Rev IV, Glynn Capital, and Google Ventures also participated.
– SingleStore indicated that the 300%+ increase in new customer acquisition for its cloud service and 150%+ year-over-year growth in cloud revenue led to raising a new round to continue to power innovation and growth.
– The Series F round brings SingleStore’s total funding to $264m.

– Algolia has raised $110m in a series D round of funding led by Fidelity Management & Research Company, with participation from Twilio, Steadfast Capital Ventures, Glynn Capital, and Salesforce Ventures.
– The company is now valued at $1.1bn.
– Algolia enables customers like Slack, Stripe, Atlassian, and Ubisoft to build Google-like indexing and search capabilities into their own platforms through an API.
– This includes insights into user interactions and a suite of additional tools for A/B testing and analytics.
– Algolia also launched an API for machine learning-powered recommendations, the result of its recent acquisition of Romanian company MorphL.
– Indeed, MorphL specializes in predicting customer behavior on ecommerce sites and delivering personalized recommendations based on the context of a search.

– Iterable, a San Francisco, CA-based provider of a martech platform focusing on the development and optimization of cross-channel experiences, raised $200m in Series E funding.
– The round was led by new investors Silver Lake, Adams Street Partners, Glynn Capital, and DTCP and existing investors CRV, Viking Global Investors, Blue Cloud Ventures, and Capital Ventures.
– The new investment will be used to continue to develop the platform and expand its business reach.

– Klaviyo, a leading customer data and marketing automation platform, today announced that it has raised a $320 million Series D round of funding.
– The round was led by new investor Sands Capital. Other new investors include Counterpoint Global (Morgan Stanley), Whale Rock Capital Management, ClearBridge Investments, Lone Pine Capital, Owl Rock Capital, Glynn Capital, and Keith Block (former co-CEO of Salesforce), with participation from existing investors Accel and Summit Partners.
– Following the company’s $200 million Series C financing in November 2020, this new financing valued the company at $9.15 billion on a pre-money basis and brings Klaviyo’s total funding to date to over $675 million.

– Sysdig, Inc. announced a $188m Series F funding round at a valuation of $1.19b.
– The round was led by Premji Invest & Associates and Third Point Ventures, with participation from Accel, Bain Capital Ventures, DFJ Growth, Glynn Capital, Goldman Sachs, Insight Partners, and Next47.
– Robert Schwartz from Third Point Ventures, Sandesh Patnam from Premji Invest & Associates, and Enrique Salem from Bain Capital Ventures have joined its board of directors.
– This round follows strong growth in 2020, a rapidly expanding customer base, a thriving open source community, and a massive growth opportunity with containers and cloud.
– In November 2020, Gartner increased its 2021 public cloud forecast to total $304.9 billion, up from $257.5 billion in 2020. [1]

– Hive, the leading provider of cloud-based enterprise AI solutions to power the next wave of intelligent automation, announced $85 million in new funding, bringing the company’s total funding to $121 million. The funding values the company at $2 billion.
– Glynn Capital led the $50 million Series D round, with participation from returning investors including General Catalyst, Tomales Bay Capital, Jericho Capital, and Bain & Company, among others. This funding round doubles the company’s valuation from an earlier $35 million Series C round led by Tomales Bay Capital in 2020 that included new strategic investments from Bain & Company and Visa.

– Cleo, the leading family benefits platform supporting working families in the planning stage through the teenage years, today announced a $40m Series C investment led by Transformation Capital, with participation from Glynn Capital, PruVen Capital and Gaingels and existing investors Greylock, NEA and Felicis.
– In conjunction with this round, Transformation Capital Managing Partner, Mike Dixon will join Cleo’s Board. This round brings Cleo’s total funding to $83m.
– Since its founding in 2016, Cleo has become the industry’s most complete and high-impact family benefits platform. Its products and services help a diverse set of more than 100 leading employers attract, retain, and drive better health outcomes for working parents in over 55 countries.

– Human Interest, a SMB 401(k) provider that makes it easy for small and medium-sized businesses to help their employees save for retirement, has completed a $105m Series C investment round.
– The round was led by Glynn Capital, an existing investor, with participation by new investor NewView Capital.
– The additional financing brings the round to $105M and Human Interest’s total funding to $136.7M.