Unicorn Nest news
Data transformation platform Metrolink.ai raises $22M
– Israel- and Palo Alto, California-based Metrolink.ai, which is developing a platform for data management, announced that it raised $22 million in a seed round led by Grove Ventures with participation from Eclipse Ventures.
– The company says that it’ll use the funds, which value Metrolink at $65 million post-money, to grow its R&D, marketing, and sales efforts and lay the groundwork for a U.S. expansion.
– Metrolink’s product aims to help enterprises build and deploy dataflow infrastructures using no-code visual dev tools.
– Data migration and transformation can present particular blockers in the enterprise.
Unicorn Nest news
ActiveFence Announces $100 Million in Funding to Keep the Internet Safe
– ActiveFence raised $100M in funding.
– The announcement covers both a Series B round, led by CRV and Highland Europe, and a previously unannounced Series A round, led by Grove Ventures and Norwest Venture Partners.
– Other significant participants in the rounds include Vintage Investment Partners, Resolute Ventures and others.
– The company protects billions of people worldwide from disinformation, child abuse, terror, hate speech, fraud, and other online harms.
– The company’s roster of customers – which includes social media, audio and video streaming, file sharing, gaming, marketplaces and other types of technology platforms – continues to grow 100% year over year.
– The funds will be used to invest in product development as well as accelerate global growth. Today the company employs almost 200 people across six global offices.
Unicorn Nest news
env0 Raises $17M in Series A Funding
– env0, a Tel Aviv, Israel-based based provider of remote-run workflow management solutions for cloud deployments, raised $17M in Series A funding.
– The round was led by M12 – Microsoft’s Venture Fund, with participation from existing investors Boldstart Ventures, Grove Ventures, and Crescendo Ventures.
– The company intends to use the funds to expand its Infrastructure as Code (IaC) platform.
Unicorn Nest news
RapidAPI Raises $60M to Support Developer Growth and Fuel Expansion of Leading API Platform
– RapidAPI announced that it has raised $60m in its Series C funding round.
– The financing was led by Green Bay Ventures and includes new investor, Stripes. Existing investors include Andreessen Horowitz, DNS Capital, M12 (Microsoft’s Venture Fund), Viola Growth, and Grove Ventures.
– The investment comes on the heels of a high-growth year for RapidAPI amidst a pandemic that drove a record number of developers and companies to the RapidAPI platform to advance their digital initiatives and accelerate the delivery of their software and services to the market.
– RapidAPI is a next-generation API platform that enables developers and enterprises to find, connect to, and manage thousands of APIs.