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Caresyntax Grabs $30M Series C Extension
Caresyntax Grabs $30M Series C Extension
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Unicorn Nest news

Caresyntax Grabs $30M Series C Extension

– Caresyntax, the leading enterprise-level digital surgery platform delivering actionable insights to make surgery smarter and safer, today announced a $30m extension to its Series C funding round.
– The round was led by PFM Health Sciences with participation from ProAssurance, Harmonix, and existing investors such as the Relyens Group and IPF Partners.
– That round also included investments from Optum Ventures, Intel Capital, Lauxera Capital Partners, Vesalius Biocapital III, Arno Capital, Rezayat Investments, and Surgical.AI.
– The funding will be used to continue developing its platform as well as advance new data solutions that support value-based care providers.

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GenXComm Raises $20M in Series B Funding
GenXComm Raises $20M in Series B Funding
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GenXComm Raises $20M in Series B Funding

– GenXComm is an Austin TX-based provider of private networking solutions.
– Company raised $20M in Series B funding.
– The round was led by Motive Companies, with participation from Raine Next-Gen Communications, BMW iVentures, Intel Capital, Azure Capital and Bandgap Ventures.
– The company intends to use the funds to accelerate product development and commercial launch of their private 4G LTE and 5G network solutions.

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Motivo, Inc. Raises $12 Million Series A to Accelerate AI-Enabled Chip Design and Improve Manufacturing Yields
Motivo, Inc. Raises $12 Million Series A to Accelerate AI-Enabled Chip Design and Improve Manufacturing Yields
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Motivo, Inc. Raises $12 Million Series A to Accelerate AI-Enabled Chip Design and Improve Manufacturing Yields

– Motivo raised a $12m Series A financing round led by Intel Capital.
– The company plans to apply the funding to scale the business and double the team within the next 12 months.
– The solution integrates available data from design and yield diagnostics and uses machine learning to rapidly identify issues that current methodologies take months or even years to identify.
– Motivo aims to compress the design-to-manufacturing process from years to months.

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Opaque Systems Raises $9.5M in Seed Funding
Opaque Systems Raises $9.5M in Seed Funding
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Opaque Systems Raises $9.5M in Seed Funding

– Opaque Systems, a San Francisco, CA-based provider of a secure data analytics platform, raised $9.5M in seed funding.
– The round was led by Intel Capital with participation from Race Capital, The House Fund, and FactoryHQ.
– The company intends to use the funds to expand operations and its business reach, as well as its contribution to the open source and data security community.

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Data Analytics Platform, Opaque, Raises $9.5 Million Seed from Intel Capital and Race Capital to Unlock Encrypted Data with Machine Learning
Data Analytics Platform, Opaque, Raises $9.5 Million Seed from Intel Capital and Race Capital to Unlock Encrypted Data with Machine Learning
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Data Analytics Platform, Opaque, Raises $9.5 Million Seed from Intel Capital and Race Capital to Unlock Encrypted Data with Machine Learning

– Opaque, the secure data analytics platform company, announced $9.5M in seed funding, led by Intel Capital with participation by Race Capital, The House Fund, and FactoryHQ.
– Opaque helps organizations to analyze encrypted data in the cloud using popular tools like Apache Spark, the open-source analytics engine, while ensuring that their data is not exposed to the cloud provider.
– This funding will expand Opaque’s contribution to the open source and data security community.
– A majority of data sits in private hands – by 2025, it is predicted that 80% of data worldwide will reside in enterprises and the global data economy is pegged at $3 trillion.

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Augtera Emerges From Stealth With $13M Series A Led by Intel Capital; Launches Network AI Platform for Proactive Management and Resolution in Multi-Cloud Networks
Augtera Emerges From Stealth With $13M Series A Led by Intel Capital; Launches Network AI Platform for Proactive Management and Resolution in Multi-Cloud Networks
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Augtera Emerges From Stealth With $13M Series A Led by Intel Capital; Launches Network AI Platform for Proactive Management and Resolution in Multi-Cloud Networks

– Augtera Networks, the industry-first Network AI platform purpose built for modern enterprise multi-cloud networks, launched with $13M in a Series A round led by Intel Capital, with participation from Dell Technologies Capital, and return investors Bain Capital Ventures and Acrew Capital.
– Already deployed in large scale production networks of Fortune 500 and global companies including Orange and Colt Technologies and collaborating with Dell Technologies, Augtera is reimagining network performance and management using its optimized AI algorithms to provide proactive visibility, prevent network incidents, and dramatically reduce resolution times.
– This financing brings total capital raised to $18M and Nick Washburn, Senior Managing Director and Chief Operating Officer at Intel Capital, joins Enrique Salem, Partner at Bain Capital Ventures, on Augtera’s board.

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Gloat Raises $57M Series C to Help Employees Thrive and Businesses Execute Faster in the New World of Work
Gloat Raises $57M Series C to Help Employees Thrive and Businesses Execute Faster in the New World of Work
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Gloat Raises $57M Series C to Help Employees Thrive and Businesses Execute Faster in the New World of Work

– Gloat announced a $57M Series C funding round led by Accel, with participation from existing investors Eight Roads Ventures, Intel Capital, Magma Venture Partners, and PICO Partners.
– With total funding of $92M, the company will accelerate product innovation and market expansion as it aims to bring workforce agility to every enterprise and more dynamic careers to every individual.
– Gloat was founded in 2015 by Ben Reuveni, Amichai Schreiber and Danny Shteinberg, with the belief that the traditional approach to work, jobs and careers that has been at the heart of enterprise operations since the industrial revolution is now holding businesses and their people back.

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Immuta Announces $90 Million in Series D Funding
Immuta Announces $90 Million in Series D Funding
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Immuta Announces $90 Million in Series D Funding

– 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.

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Goldbelly Announces $100 Million Series C Funding To Empower Chefs & Restaurants With National E-Commerce
Goldbelly Announces $100 Million Series C Funding To Empower Chefs & Restaurants With National E-Commerce
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Goldbelly Announces $100 Million Series C Funding To Empower Chefs & Restaurants With National E-Commerce

– Goldbelly, America’s first platform for food e-commerce, today announced a $100m Series C investment to build the future of the at-home restaurant experience and to empower chefs and restaurants to reach new customers nationwide.
– Growth equity firm Spectrum Equity led the round with participation from existing investor Intel Capital.
– Goldbelly has seen massive growth over the last year, now with 850 restaurant partners on the platform, covering all 50 states. In 2020 alone, the company added over one million new customers and saw its overall business growth increase more than 300% year over year.

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Caresyntax Raises $100M in Series C Funding
Caresyntax Raises $100M in Series C Funding
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Unicorn Nest news

Caresyntax Raises $100M in Series C Funding

– Caresyntax from Boston is a digital surgery platform that provides actionable insights to improve patient outcomes.
– The company closed a $100m Series C funding.
– The round was led by PFM Health Sciences LP and included participation from Optum Ventures, Intel Capital, Lauxera Capital Partners, Vesalius Biocapital III, Arno Capital, Rezayat Investments, as well as current investors IPF Partners, the Relyens Group, and Surgical.
– The new investment will be used to accelerate the company’s global expansion and development of new products.

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Mighty Networks raises $50M to build a creator economy for the masses
Mighty Networks raises $50M to build a creator economy for the masses
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Mighty Networks raises $50M to build a creator economy for the masses

– Mighty Networks, a platform designed to give creators and brands a dedicated place to start and grow communities, has closed on $50m in a Series B funding round led by Owl Ventures.
Ziff Capital Partners and LionTree Partners also participated in the financing, along with existing backers Intel Capital, Marie Forleo, Gretchen Rubin, Dan Rosensweig, Reid Hoffman, BBG Ventures and Lucas Venture Group.
– The investment brings Palo Alto-based Mighty Networks’ total raised since its 2017 inception to $67m.

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Iris.TV Raises $18M in Series B Funding
Iris.TV Raises $18M in Series B Funding
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Iris.TV Raises $18M in Series B Funding

– Iris.tv is a video data platform based in Los Angeles and NYC.
– The company raised $18m in Series B funding.
– The round was led by Intel Capital with participation from WISE Ventures, Quest Venture Partners, Mirae Asset Venture Investment, Mike Baker, founder, CEO of dataxu (acquired by Roku in 2019), Mike Shehan, founder, CEO of video advertising platform SpotX (merging with Magnite in 2021), and Ari Paparo, CEO of ad tech innovator Beeswax (acquired by Comcast in 2020).
– The new investment will be used to accelerate the company’s growth and development of new products.

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SambaNova Systems Raises $676M in Series D, Valued at Over $5 Billion
SambaNova Systems Raises $676M in Series D, Valued at Over $5 Billion
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SambaNova Systems Raises $676M in Series D, Valued at Over $5 Billion

– SambaNova Systems from Palo Alto develops a software, hardware and services to run AI applications.
– The company raised $676m in Series D funding.
– The round was led by SoftBank Vision Fund 2 with participation from new investors Temasek and GIC, plus existing backers including funds and accounts managed by BlackRock, Intel Capital, GV (formerly Google Ventures), Walden International and WRVI.
– The company intends to use the funds to continue to expand its business reach and development efforts.

Tetrate, Started by Istio Founders, Raises $40 Million to Help Enterprises With Cloud-Native Application Networking Platform
Tetrate, Started by Istio Founders, Raises $40 Million to Help Enterprises With Cloud-Native Application Networking Platform
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Tetrate, Started by Istio Founders, Raises $40 Million to Help Enterprises With Cloud-Native Application Networking Platform

– Tetrate announced today that it has raised $40m in a Series B funding round led by Sapphire Ventures.
– Other new investors, Scale Venture Partners and NTTVC, and existing investors, Dell Technologies Capital, Intel Capital, 8VC, and Samsung NEXT, participated in the round.
– The Series B funding will be used to develop advanced capabilities within Tetrate Service Bridge, the only cloud-agnostic, hybrid cloud applications networking platform.
– Funding also will support a new SaaS offering: an Istio-based platform that makes the application service mesh easier to consume.
– Additionally, Tetrate will expand go-to-market activities in the Americas and initiate go-to-market teams in Europe and Asia.

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Employee engagement startup Centrical raises $32M
Employee engagement startup Centrical raises $32M
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Employee engagement startup Centrical raises $32M

– Centrical, a startup developing an employee engagement and performance management platform, today announced that it raised $32 million in funding led by Intel Capital.
– The funds, which bring Centrical’s total raised to date to $64 million, will be put toward product R&D as Centrical looks to acquire new customers.
– During the pandemic, as shelter-in-place orders and office closures force employees to work from home, companies are increasingly experimenting with or adopting work quality monitoring products.
– According to a June study by Gartner, 26% of HR leaders report having used some form of software or technology to track remote workers since the start of the health crisis.
– It’s an uptick driven in part by concerns over performance dips that could arise from work-from-home setups.

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Volocopter Raises €200M in Series D Funding
Volocopter Raises €200M in Series D Funding
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Volocopter Raises €200M in Series D Funding

– Volocopter is a Bruchsal, Germany-based urban air mobility (UAM) company.
– Company raised €200m in Series D funding.
– The round was led by new investors funds managed by BlackRock, Atlantia S.p.A., Avala Capital, Continental AG, Jericho Capital, NTT via its venture capital arm, Tokyo Century, a Japanese leasing company, family offices, and existing investors Geely, Daimler, DB Schenker, Intel Capital, btov Partners, Team Europe, and Klocke Holding.

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Xsight Labs Closes Series D Funding Led by Valor and Atreides, Joined by Fidelity
Xsight Labs Closes Series D Funding Led by Valor and Atreides, Joined by Fidelity
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Xsight Labs Closes Series D Funding Led by Valor and Atreides, Joined by Fidelity

– Xsight Labs announced the closing of its Series D funding.
– The round was led by Valor Equity Partners and Atreides Management and was joined by new investor Fidelity Management & Research Company.
– Existing investors Battery Ventures, Intel Capital, M12 Microsoft’s Venture Fund and Xilinx, increased their investments.
– Additionally, Accton Technology joined as a new strategic investor.
– Xsight Labs’ Series D was significantly oversubscribed and is the largest round ever raised by our group.
– Xsight Labs emerged from stealth in December 2020 and announced the sampling availability of X1, the industry’s first 25.6T data center switch with 100G PAM4 SerDes.

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Stori raises $32.5M in a Lightspeed-led Series B to build Mexico’s credit card for the masses
Stori raises $32.5M in a Lightspeed-led Series B to build Mexico’s credit card for the masses
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Unicorn Nest news

Stori raises $32.5M in a Lightspeed-led Series B to build Mexico’s credit card for the masses

– Mexico City-based startup Stori raised $32.5m Series B funding.
– The round was led by Lightspeed Venture Partners and joined by existing investors including Mastercard, Intel Capital, and others.
– The company plans to use the funding to expand its credit card product in Mexico.

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Katana Graph raises $28.5 million to handle unstructured data at scale
Katana Graph raises $28.5 million to handle unstructured data at scale
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Katana Graph raises $28.5 million to handle unstructured data at scale

– Katana Graph, a startup that helps businesses analyze and manage unstructured data at scale, today announced a $28.5 million series A round led by Intel Capital.
– The company helps businesses ingest large amounts of data into memory, CEO Pingali told VentureBeat in a phone interview.
– The UT-Austin research group started working with graph processing and unstructured data two years ago and began by advising DARPA on projects that deal with data at scale.
– Katana Graph works in Python and compiles data using C++.
– Like companies that deal with algorithm auditing, AIOps, and model monitoring and management services, startups have emerged to help businesses analyze and label data, which may be why Labelbox raised $40 million and Databricks raised $1 billion.

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ScienceLogic Raises $105 Million in New Financing to Accelerate Leadership in Growing AIOps Market
ScienceLogic Raises $105 Million in New Financing to Accelerate Leadership in Growing AIOps Market
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Unicorn Nest news

ScienceLogic Raises $105 Million in New Financing to Accelerate Leadership in Growing AIOps Market

– ScienceLogic announced that it has raised $105m in growth financing.
– The round was led by Silver Lake Waterman and included participation from existing investors Goldman Sachs, Intel Capital and NewView Capital.
– The investment will support the company’s continued innovation in the AIOps market and further broaden ScienceLogic’s position within the $30+ billion IT Operations Management software market.
– ScienceLogic’s AIOps market leadership also was recently highlighted by the Forrester Wave, which included ScienceLogic as one of only three firms highlighted as AIOps Leaders – honors that further cement the company’s forward momentum.

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