– Panorays, a provider of security risk management software, announced that it closed a $42m series B funding round led by Greenfield Partners with participation from Aleph and Oak HC/FT, as well as new investors BlueRed Partners, Greenspring Associates, and Moneta VC.
– The company says that it plans to spend the capital on product R&D and hiring as it looks to expand the size of its platform.
– Investments in cyber risk mitigation technologies continue to grow as cyberattacks proliferate during the pandemic. In 2020, the average business cost of a cyberattack was $3.86m, and it took over 200 days to detect the breach.
– Perhaps unsurprisingly, Gartner projects that worldwide spending on information security and risk management technology and services is forecast to climb 12.4% to reach $150.4bn in 2021.

– Ribbon, the homeownership company, announces today it has secured $150 million, inclusive of $75 million in Series C equity financing and $75 million in additional working capital.
– The Series C was led by Greenspring Associates, with participation from existing investors Greylock, Bain Capital Ventures, NFX, Nyca, Thomvest and Jake Seid.
– This investment will enable more than $10 billion in home transactions annually, and fuel Ribbon’s swift expansion into new states.

– Aviatrix from Santa Clara provides cloud networking and security software for enterprises.
– The company raised $200m in Series E funding.
– The round was led by TCV with participation from new investors Insight Partners and Tiger Global, and existing investors CRV, Formation 8, General Catalyst, Greenspring Associates, Ignition, Liberty Global Ventures, Meritech Capital and TrueBridge Capital Partners.
– The new investment will be aimed at scaling the worldwide sales and support operations.

– HilleVax, Inc. (HilleVax), a biopharmaceutical company focused on the development and commercialization of novel vaccine candidates, announced the close of a $135 million crossover financing led by Frazier Healthcare Partners and joined by RA Capital Management, Deerfield Management Company, Abingworth, Lightspeed Venture Partners, Perceptive Advisors, Catalys Pacific, Samsara BioCapital, BVF Partners, Qiming Venture Partners USA, Greenspring Associates, Richard King Mellon Foundation, and Sahsen Ventures.
– The proceeds of this financing support the further clinical development of HilleVax’s virus-like particle (VLP) based vaccine candidate, HIL-214, for the prevention of moderate-to-severe acute gastroenteritis caused by norovirus infection.

– Baffle, Inc. announced that it has raised $20m in Series B funding led by new investor Celesta Capital, with contributions from National Grid Partners, Lytical Ventures and Nepenthe Capital, and follow-on investments from True Ventures, Greenspring Associates, Clearvision Ventures, Engineering Capital and Triphammer Ventures.
– Baffle’s no-code, simple-to-deploy security mesh takes a data-centric approach at cloud scale without a performance impact or changes to applications. Baffle is the only data-centric security solution that universally protects data as it’s created, stored and processed, from any source to any destination, on premises or in the cloud, no matter where it lives.

– La Haus, a real estate marketplace operating in Mexico and Colombia, raised $100m funding.
– The round was led by Acrew Capital and Renegade Partners, and joined by Jeff Bezos’ Bezos Expeditions, Endeavor Catalyst, Moore Strategic Ventures, Marc Benioff’s TIME Ventures, Rappi’s Simon Borrero, Maluma, and Gabriel Gilinski.
– Existing backers who put money in this round include Greenspring Associates, Kaszek, NFX, Spencer Rascoff’s 75 & Sunny Ventures, Hadi Partovi and NuBank’s David Velez.
– The company declined to reveal at what valuation the extension was raised.

– LogicGate, a Chicago, IL-based provider of risk and compliance solutions, raised $113m in Series C funding.
– The round was led by PSG, with continued participation from Greenspring Associates.
– The new capital will be used to accelerate product advancements and the expansion of its partner ecosystem, international presence and security posture.

– Vestwell, a NYC-based API technology platform for workplace savings and investing programs, raised $70m in Series C financing.
– The round was led by Wells Fargo Strategic Capital and Fin Venture Capital co-led by Goldman Sachs, Morgan Stanley, Manulife, Point72, Nationwide Ventures, Allianz Life Ventures, Northwestern Mutual, FinTech Collective, Greenspring Associates, Primary Venture Partners, Teamworthy Ventures, F-Prime Capital, Industry Ventures, and Commerce Ventures.
– The company intends to use the funds to further expand the team, platform functionality, and servicing for its thousands of partners and clients.

– Bowery Valuation announced $35m in Series B funding led by the Growth Equity business within Goldman Sachs with participation from Capital One Ventures and existing investors including Builders VC, Fika Ventures, Navitas Capital, Camber Creek, Nine Four Ventures, Greenspring Associates, and Alpaca VC.
– This investment brings Bowery’s total funding to $66m following the $20m in Series A venture funding it received in 2019.
– Since 2017, Bowery Valuation has been driven by a focus on disrupting every facet of the commercial appraisal process. As the first vertically integrated appraisal company, Bowery has reimagined the appraisal process by providing innovative, tech-driven, end-to-end software solutions for their team of on-staff appraisers.

– Outdoorsy, an Austin TX-based company focused on online RV rental and outdoor travel marketplace, raised $120M in equity and debt funding.
– The round was led by Moore Strategic Ventures, ADAR1 Partners, Monashee Capital, SiriusPoint (NYSE: SPNT), and Convivialite Ventures, Pernod Ricard, with participation from Altos Ventures, iAngels, and Greenspring Associates.
– Pacific Western Bank provided the $30m debt facility.
– The company intends to use the capital for customer growth in its marketplace, expansion of insurtech division Roamly, and advancement of new partnership with Collective Retreats.

– Blockdaemon closed a $28m Series A funding round.
– The round was led by Greenspring Associates with participation from Goldman Sachs, BlockFi, Warburg Serres, Uphold, Voyager Digital Ltd., Illuminate Financial, and Hard Yaka.
– Existing seed round investors Boldstart Ventures, Coinfund, Kenetic, CoinShares, Borderless Capital, Blockchain.com Ventures, Lerer Hippeau and Heavybit increased their investments.
– Blockdaemon is the foundational layer to the blockchain industry, enabling participants to stake and deploy nodes with institutional-grade security, scalability and reliability.
– Blockdaemon offers access to new financial infrastructure for a variety of market participants, from large financial institutions, exchanges and custodians to small, agile crypto native firms and developers.

– Yieldstreet, a NYC-based digital investing platform, raised $100m in Series C funding round.
– The round was led by Tarsadia Investments, joined by Kingfisher Investment, Top Tier Capital Partners and Gaingels, as well as existing investors Edison Partners, Soros Fund Management, Greenspring Associates, Raine Ventures, Greycroft and Expansion Venture Capital.
– The new investment will be used to expand its user base, develop new investment products, explore international expansion, and pursue strategic acquisitions.

– Immuta secured $90m in Series D funding.
– The Series D funding round includes new investors Greenspring Associates, March Capital, NGP Capital, and Wipro Ventures, as well as participation from existing investors Ten Eleven Ventures, Intel Capital, DFJ Growth, Dell Technologies Capital, Citi Ventures, and Okta Ventures.
– The investment will go towards accelerating Immuta’s product research and development, expanding sales and marketing capacity to capture growing demand in the U.S., EMEA, and APAC, and deepening strategic partnerships within the cloud data ecosystem.
– Immuta helps large enterprises scale centralized data operations and analytics teams and helps innovative technology companies build and scale data-powered apps and services.

– Vancouver-based Dooly, a platform that helps salespeople manage data in their CRM, has raised $80m in Series B funding.
– Spark Capital led the round and was joined by Greenspring, Tiger Global, Lachy Groom, boldstart ventures, BoxGroup and Addition.
– The company has raised $20m in Series A and seed funding previously.
– Dooly automates the busywork that goes into updating data in sales software, specifically apps like Salesforce.

– CircleCI is a continuous integration and continuous delivery (CI/CD) platform.
– The company raised $100m in Series F funding.
– Greenspring Associates led the round with participation from Eleven Prime, IVP, Sapphire Ventures, Top Tier Capital Partners, Baseline Ventures, Threshold Ventures, Scale Venture Partners, Owl Rock Capital, and Next Equity Partners.
– Stacey Epstein will also join CircleCI’s board of directors.

– Entrada Therapeutics from Boston develops intracellular biologics to treat devastating diseases.
– The company closed a $116m Series B financing.
– The round was led by Wellington Management Company and joined by Redmile Group, TCG Crossover, Greenspring Associates, Point72, Qatar Investment Authority (“QIA”), Moore Strategic Ventures, Goldman Sachs, CureDuchenne Ventures and one undisclosed global investment firm.
– Existing investors 5AM Ventures, MPM Capital, Roche Venture Fund, MRL Ventures Fund and Agent Capital also participated in the financing.
– The new investment will be used to advance its pipeline to the clinic.

– Hi Marley, creators of the only intelligent communication platform built for the insurance industry by people who know insurance, today announced the company has closed a $25m Series B financing round.
– The investment was led by Emergence Capital, with Founder and General Partner Gordon Ritter taking a seat on Hi Marley’s Board.
– Returning firms Underscore, True Ventures, Bain Capital Ventures and Greenspring also participated in the round, along with additional investors including Brewer Lane Ventures.
– Hi Marley makes it simple for insurance carriers to seamlessly communicate with policyholders via text to increase transparency and cut through inefficiencies.
– By providing a smart SMS platform purpose-built for the insurance industry, inside of which the entire ecosystem of service providers can communicate, carriers delight customers, achieve faster time to resolution, and see financial results.

– Yugabyte is a Sunnyvale, Calif.-based leader in open source distributed SQL databases.
– The company raised $48m in funding.
– The round was led by Lightspeed Venture Partners with additional participation by Greenspring Associates, Dell Technologies Capital, Wipro Ventures and 8VC.
– The new investment will be used to expand R&D, sales and customer functions in the EMEA and APAC markets and further accelerate enterprise adoption of its commercial products.

– Electric provides real-time IT support to businesses, alongside insights and data on its customers’ IT infrastructure.
– The company today announced it has raised $40 million in a series C round of funding led by Greenspring Associates.
– Founded out of New York in 2016, Electric offers chat-based IT support integrated directly into Slack or Microsoft Teams, with employees able to access technical support from Electric’s 100-plus team within 10 minutes.
– Requests range from password reset support and access to files or folders to troubleshooting network connections and hardware glitches or ordering a new mouse and keyboard.
– In addition to providing IT support, Electric’s platform, which it calls Turbine, gives companies visibility into all their IT support needs though data and analytics that show the volume of requests by type, time period, person, and more.

– Aviatrix announced it has raised $75m in Series D funding.
– The round was led by General Catalyst and includes new investors Greenspring Associates, Meritech Capital, and TrueBridge Capital Partners.
– Existing investors CRV, Formation 8, Ignition, and Liberty Global Ventures also participated in this round.
– This brings the company’s total financing to $151m.
– Quentin Clark from General Catalyst will be joining the company’s Board of Directors.
– Aviatrix is the cloud network platform.
– The growth-stage investment will be used by the company to scale sales, partner channels, customer support, and product development organizations to accommodate the increasing demand from enterprises for multi-cloud networking solutions as businesses continue to move mission-critical applications to the cloud.

– Jackpocket announced the conclusion of a $50M Series C funding round.
– The round was led by Raine Group, Greenspring Associates, Circle K Ventures, TEGNA Ventures, BRV Capital, and Gaingels.
– After seven years of operation, Jackpocket has won regulatory approval in New York and New Jersey, and has also worked with eight other states to provide consumers with the easiest, most compliant way to play the lottery today.
– New data found that nearly half of Jackpocket’s first-time players are 18-35 years old, and the overwhelming majority of Jackpocket’s users are under 45 years old.