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Software supply chain management company Cloudsmith raises $15M
Software supply chain management company Cloudsmith raises $15M
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Unicorn Nest news

Software supply chain management company Cloudsmith raises $15M

– Cloudsmith has raised $15m in a series A funding round led by Tiger Global, with participation from Shasta, Amaranthine, Sorenson, Leadout Capital, Frontline, MMC, and Techstart.
– The infusion brings the company’s total raised to over $17m.
– Cloudsmith’s platform aims to solve this by helping organizations distribute software without the need for local datacenters and the costs associated with them.
– Cloudsmith can also automatically scan for security vulnerabilities, helping businesses avoid introducing exploits into their software supply chains.

Source
TrueFort Closes $30M Series B Round for Zero Trust Platform that Turns Application Intelligence Against Attackers
TrueFort Closes $30M Series B Round for Zero Trust Platform that Turns Application Intelligence Against Attackers
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Unicorn Nest news

TrueFort Closes $30M Series B Round for Zero Trust Platform that Turns Application Intelligence Against Attackers

– TrueFort announced a $30m Series B round of financing led by Shasta Ventures with the participation of Canaan and existing investors Evolution Equity Partners, Lytical Ventures and Emerald Development Managers.
– As part of the financing round, Nitin Chopra, Managing Director at Shasta Ventures, is joining the company’s board of directors.
– The financing will support hiring across the company, expanded go-to-market activities and multiple R&D initiatives, including offerings that help enterprises better manage their application risk posture.
– Traditional security products have focused on protecting underlying IT infrastructure from threats but the success of attackers in executing ransomware, supply chain and phishing attacks show that there are still significant gaps in security coverage.

Source
Oomnitza Announces $20 Million Growth Funding to Drive Enterprise Technology Management Solution
Oomnitza Announces $20 Million Growth Funding to Drive Enterprise Technology Management Solution
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Unicorn Nest news

Oomnitza Announces $20 Million Growth Funding to Drive Enterprise Technology Management Solution

– Oomnitza, the pioneer in SaaS-based Enterprise Technology Management (ETM) solutions, announced it has completed a $20m growth funding round led by C5 Capital, and includes Aspenwood Ventures and Gula Tech Adventures, along with existing investors Riverside Acceleration Capital and Shasta Ventures.
– In total, Oomnitza has raised $35m to fulfill its mission of improving the way enterprises manage and secure their technology assets.
– Oomnitza’s customers include many technology unicorns as well as Fortune 500 organizations across retail, hospitality, automotive, and financial services sectors.

Source
Mobile commerce startup Via rounds up $15 million in Series A funding
Mobile commerce startup Via rounds up $15 million in Series A funding
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Unicorn Nest news

Mobile commerce startup Via rounds up $15 million in Series A funding

– Via, a two-year-old, Bay Area-based startup, raised $15m in Series A funding.
– The round was led by Footwork, the new venture firm co-founded by former Stitch Fix COO Mike Smith and former Shasta Ventures investor Nikhil Basu Trivedi.
– Other participants in the round include Peterson Ventures; famed founder Josh James of Domo; and a long list of other notable individual investors, including Ryan Smith of Qualtrics and Lattice co-founder and CEO Jack Altman.
– Via helps brands interact with customers on the devices and apps they use most often.

Source
The Pill Club takes on primary care with $41.9M in fresh funding
The Pill Club takes on primary care with $41.9M in fresh funding
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Unicorn Nest news

The Pill Club takes on primary care with $41.9M in fresh funding

– The Pill Club, a birth control prescription and delivery service, raised $41.9m in Series B extension funding.
– The round was led by Base 10 and joined by existing investors, including ACME, GV, Shasta Ventures and VMG, as well as new investors, including Uber’s Dara Khosrowshahi and Honey’s George Ruan and iGlobe.
– The extension round comes over two years after the company announced its initial Series B investment, a $51m financing.
– The company declined to provide its latest valuation, other than saying that the extension was an up-round.

Source
Lattice Secures $60M Series E
Lattice Secures $60M Series E
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Unicorn Nest news

Lattice Secures $60M Series E

– Lattice from San Francisco is a leading people management platform for businesses with people-first cultures.
– The company has raised $60m in a new round.
Tiger Global was joined by existing investors Thrive Capital, Shasta Ventures, Founders Fund, Frontline Ventures, Fuel Capital, Khosla Ventures, and several new angel investors.
– The new investment brings Lattice’s total funding to $158m.

Source
Songclip raises $11M to bring more licensed music to social media
Songclip raises $11M to bring more licensed music to social media
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Unicorn Nest news

Songclip raises $11M to bring more licensed music to social media

– Songclip, a music search and sharing platform, raised $11m in funding.
– The round was led by GGV Capital and joined by existing investors including Sequoia Capital, Upfront Ventures, and Shasta Ventures.
– The company plans to use the funding to expand its team and grow its technology.

Source
Subscription Book Club Company Literati Raises $40 Million
Subscription Book Club Company Literati Raises $40 Million
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Unicorn Nest news

Subscription Book Club Company Literati Raises $40 Million

– Literati is a subscription book club company.
– The company raised $40m in Series B funding.
– The round was led by Aydin Senkut of Felicis with additional funding from Dick Costolo and Adam Bain of 01 Advisors, Founders Fund, General Catalyst, Shasta Ventures, Silverton Partners, and Springdale Ventures.
Stephen Curry also joined in the round.

Source
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