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AI model optimization startup Deci raises $21M
AI model optimization startup Deci raises $21M
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AI model optimization startup Deci raises $21M

– Tel Aviv, Israel-based Deci, a company developing a platform to optimize machine learning models, announced that it raised $21 million in a series A round led by Insight Partners with participation from Square Peg, Emerge, Jibe Ventures, Samsung Next, Vintage Investment Partners, and Fort Ross Ventures.
– The investment, which comes a year after Deci’s $9.1 million seed round, brings the company’s total capital raised to $30.1 million and will be used to support growth by expanding sales, marketing, and service operations, according to CEO Yonatan Geifman.

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Metrika Raises $14M in Series A Funding
Metrika Raises $14M in Series A Funding
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Metrika Raises $14M in Series A Funding

– Metrika is a Cambridge, Mass.-based operational intelligence source for blockchain.
– Company raised $14M in Series A funding.
– The round was led by Neotribe Ventures with participation from Coinbase Ventures, Samsung NEXT, Nyca Partners and SCB 10X, and previous investors, among others.
– The new investment will be used to expand the company’s platform and broaden its customer base across numerous industries.

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Alpha Medical Raises $24M in Series B Funding
Alpha Medical Raises $24M in Series B Funding
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Alpha Medical Raises $24M in Series B Funding

– Alpha Medical is a women’s virtual primary care company.
– Company raised $24m in Series B funding.
– The round was led by SpringRock Ventures, Margo Georgiadis, Outcomes Collective Growth Capital, FMZ Ventures, Samsung Next, Chamaeleon, AV8 Ventures, and GSR Ventures.
– The new investment will be used to expand operations and business reach.

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Marpipe Raises $8M Series A to Build the Operating System for Creative Testing
Marpipe Raises $8M Series A to Build the Operating System for Creative Testing
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Marpipe Raises $8M Series A to Build the Operating System for Creative Testing

– Marpipe announced its completion of an $8m Series A funding round.
– The raise was led by Stage 2 Capital with participation from ValueStream Ventures, Commerce Ventures, Ripple Ventures, and Samsung NEXT.
Laconia Capital Group, Math Capital, and TIA Ventures were among those entities that deepened their existing investments into the future of data-driven creative.
– Marpipe secured all major allocations into the Series A within four weeks.
– Key investors include Mark Roberge, former CRO of Hubspot, currently Partner at Stage 2 Capital; Greg Coleman, former President of HuffPost, BuzzFeed, and Criteo; Ari Paparo, Founder & CEO of Beeswax and Head of Partnerships & Strategy at FreeWheel; Brendan Gahan, Chief Social Officer at Mekanism; and Eric Franchi, Founder of Undertone.

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Webiny nabs $3.5M seed to build serverless development framework on top of serverless CMS
Webiny nabs $3.5M seed to build serverless development framework on top of serverless CMS
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Webiny nabs $3.5M seed to build serverless development framework on top of serverless CMS

– Webiny announced a $3.5 million seed round to continue developing both pieces.
– Webiny, an early-stage startup that launched in 2019 with an open-source, serverless CMS, had also developed a framework to help build the CMS, and found that customers were also interested in that to help build their own serverless apps.
– Microsoft’s venture fund M12 led the round, with participation from Samsung Next, Episode 1, Cota Capital and other unnamed investors.
– Webiny founder Sven Al Hamad says that when the company launched, he had an inkling that serverless would be the future and started by building an open-source serverless CMS, but then something interesting happened.

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Aviron Raises $4.5M in Funding
Aviron Raises $4.5M in Funding
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Aviron Raises $4.5M in Funding

– Aviron, a Toronto, Canada-based experience-driven connected rowing machine built on an advanced gaming platform, raised $4.5M in funding.
– Backers included Samsung Next, Formic Ventures, GFC, Y Combinator and others.
– The company intends to use the funds to accelerate expand operations and its business reach internationally.

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Nirmata Secures $4M in Pre-Series A Funding
Nirmata Secures $4M in Pre-Series A Funding
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Nirmata Secures $4M in Pre-Series A Funding

– Nirmata is a software solutions provider for governance, compliance, security, and automation of production Kubernetes workloads and clusters.
– The company raised $4.0m in pre-series A funding.
– The round was led by Z5 Capital with participation from Uncorrelated Ventures, Samsung Next, Benhamou Global Ventures (BGV) and angel investors Saqib Syed and BV Jagadeesh.
– The new investment will be used to accelerate the company’s growth and development of Kyverno.

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Prime Trust Raises $64M Series A
Prime Trust Raises $64M Series A
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Prime Trust Raises $64M Series A

– Prime Trust, a one-stop shop for financial infrastructure for fintech innovators, closed its $64m Series A round.
– Led by Mercato Partners, the round also includes Samsung Next, Nationwide, Commerce Ventures, Ayon Capital, Kraken Ventures, STCAP, s20 Capital, Seven Peaks Ventures, Diverse Angels, University Growth Fund and Nevcaut Ventures.
– Prime Trust is a one-stop-shop for financial infrastructure for fintech and digital asset innovators. They offer core financial service APIs and plug and play widgets that allow companies to launch quickly and scale securely.

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Obé Fitness raises $15M for its personality-driven exercise platform
Obé Fitness raises $15M for its personality-driven exercise platform
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Obé Fitness raises $15M for its personality-driven exercise platform

– Obé Fitness, a fitness platform, raised $15m in Series A funding.
– The round was led by CAVU Venture Partners and featured Athleta, Samsung Next, Wheelhouse Entertainment and WW International along with previous investors Cassius Ventures, Ludlow Ventures, Harris Blitzer Sports Entertainment and BDMI.
– It brings Obé to a valuation of $100m.
– The company plans to use the funding to expand its content library and grow its user base.

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Terra raises $2.8M to build the Plaid for fitness data
Terra raises $2.8M to build the Plaid for fitness data
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Terra raises $2.8M to build the Plaid for fitness data

– Terra, a recent Y Combinator graduate building an API for fitness and health data, announced that it has closed a $2.8m round.
– The investment includes capital from General Catalyst, Samsung Next and NEXT VENTURES.
– The company intends to hire with its new capital, increasing from a team of four today — the co-founders and two other engineers — to seven this month. Terra expects to staff up to 10 people inside the quarter.

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Upsie Raises $18.2M in Series A Funding
Upsie Raises $18.2M in Series A Funding
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Upsie Raises $18.2M in Series A Funding

– Upsie is a St. Paul, Minn.-based consumer-centric platform for purchasing product warranties.
– Company raised $18.2m in Series A funding.
– The round was led by True Ventures with participation from Concrete Rose VC, Avanta Ventures, Kapor Capital, Samsung Next, Massive, Backstage Capital, Awesome People Ventures, Draft Ventures, Matchstick Ventures, M25, Silicon Valley Bank, Bread & Butter Ventures, Ordinary Ventures, Diverse Angels, Imagination Capital, Uncommon VC, Marc Belton, Daren Cotter (Founder and CEO of InboxDollars), George Azih (Founder and CEO of LeaseQuery), Richard Parsons, Anton Vincent, Sri Pangulur, Damon DiVito, Jon and Lottie Rezneck, etc.
– The company will use the funds to hire, increase customer awareness and continue building its warranty product offerings and verticals.

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RapidDeploy raises $29M for a cloud-based dispatch platform aimed at 911 centers
RapidDeploy raises $29M for a cloud-based dispatch platform aimed at 911 centers
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RapidDeploy raises $29M for a cloud-based dispatch platform aimed at 911 centers

– RapidDeploy, a cloud-based computer-aided dispatch technology provider, raised $29m in Series B funding.
– The round was led by Morpheus Ventures and joined by GreatPoint Ventures, Ericsson Ventures, Samsung Next Ventures, Tao Capital Partners and Tau Ventures.
– The company has 700 customers using its RadiusPlus, Eclipse Analytics and Nimbus CAD products.

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ZenGo Raises $20M in Series A Funding
ZenGo Raises $20M in Series A Funding
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ZenGo Raises $20M in Series A Funding

– ZenGo is a crypto mobile wallet for retail investors.
– The company raised $20m in Series A funding.
– The round was led by Insight Partners with participation from Distributed Global (in partnership with Temasek Holdings) and Austin Rief Ventures, as well as existing investors Benson Oak Ventures, Samsung Next, Elron, Collider Ventures, FJ Labs, and others.
– The new investment will be used to expand the set of financial services, including a VISA payment card, and a larger set of choices for on-ramp, off-ramp, trade and savings options.

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Grover Raises €60M in Series B Funding
Grover Raises €60M in Series B Funding
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Grover Raises €60M in Series B Funding

– Grover is a Berlin, Germany-based provider of consumer tech subscription solutions.
– Company secured €60m in Series B funding.
– New investors in the round were led by Jonathan Schneider at private equity firm JMS Capital-Everglen, with participation from Viola Fintech, Assurant Ventures, as well as a number of founders and angel investors from Europe and North America.
– Existing investors coparion, Augmentum Fintech, Circularity Capital, Seedcamp and Samsung Next also invested in the round, amongst others.
– The company intends to use the funds to increase market penetration, advance product innovation and accelerate international expansion.

Cylera Announces $17 Million in Total Funding Led by Concord Health Partners & Maverick Ventures
Cylera Announces $17 Million in Total Funding Led by Concord Health Partners & Maverick Ventures
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Cylera Announces $17 Million in Total Funding Led by Concord Health Partners & Maverick Ventures

– Cylera, a leading healthcare IoT (HIoT) cybersecurity and intelligence company, today announced the company secured $10m in Series A funding, led by Concord Health Partners and Maverick Ventures.
– With the Series A close, Cylera brings the company’s total funding to $17m with investment from Concord Health Partners, Maverick Ventures, Contour Venture Partners, Two Sigma Ventures, Dreamit Ventures, Great Oaks Venture Capital, Red Bear Angels and Samsung NEXT.
– Over the past year there has been a further acceleration of the digitalization and adoption of IoT devices across hospitals, pharmaceutical companies, biotech, life sciences and manufacturing, which can decrease operational risk and increase efficiencies.

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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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