– Balto announced the completion of a $37.5m Series B funding round.
– The funding was led by Stripes and joined by RingCentral Ventures.
– Existing investors that participated include Sierra Ventures, TIA Ventures, OCA Ventures, Stage Venture Partners, SaaS Venture Capital, Sandalphon Capital, Cultivation Capital, and Atreides Management.
– The funding comes on the heels of Balto’s two latest product releases and as Balto’s Real-Time Platform surpasses 75 million guided calls and 160 million Real-Time Recommendations.

– Lithic is a NYC-based card issuing platform for developers.
– The company raised $60m in Series C funding.
– The round was led by Stripes, with participation from Bessemer Venture Partners, Index Ventures, Exor, Rainfall, Tusk Venture Partners, and Commerce Ventures.
– The investment will be used to continue to grow, help the team scale and expand the platform through strategic acquisitions to enhance the product and its core offerings.

– Fireblocks, the preeminent platform that empowers the entry of traditional institutions into the digital asset space, has raised $310m in Series D funding.
– The round is co-led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW VC and SCB 10X.
– This extension of capital marks a significant milestone for Fireblocks, boosting the company’s valuation to over $2b.

– Spectro Cloud, a next-gen Kubernetes enterprise management platform, announced the completion of its Series A funding round, amounting to $20M.
– The round was led by Stripes, a leading investor in software and consumer products.
– Prior to this current investment round, Spectro Cloud had previously raised $7.5M in seed funding from Sierra Ventures, boldstart ventures, WestWave Capital and Firebolt Ventures, all of which also participated in the current Series A funding round.
– Additional Series A investors include T-Mobile Ventures and Alter Venture Partners.

– Pleo is a Danish born provider of expense management tool and smart company cards.
– Company raised $150M in Series C funding.
– The round was co-led by Bain Capital Ventures and Thrive Capital with contributions from Creandum, Kinnevik, Founders, Stripes and Seedcamp.
– The company intends to use the funds to expand its solution across Europe, growing its customer base, invest in its team, which currently stands at 330 people, while iterating its product offering.

– Oyster is a London, UK- and San Francisco, CA-based provider of a human resources platform.
– The company raised $50m in Series B funding.
– The round was led by Stripes with participation from Emergence Capital and The Slack Fund with the addition of Avid Ventures.
– The new investment will be used to expand its HR platform to more countries around the world.

– Verbit announced the close of a $157 million series D round that the company says will bolster its product R&D and hiring efforts.
– CEO Tom Livne, who noted that the raise brings the company’s post-money valuation to more than $1 billion, said that the capital will also support the company’s geographic expansion as it prepares for an initial public offering.
– Sapphire Ventures led the 110-employee Verbit’s series C round with participation Third Point, More Capital, Lion Investment Partners, ICON fund as well as existing investors such as Stripes, Vertex Ventures, HV Capital, Oryzn Capital, and ClalTech participated.

– Spiff, a developer of sales commission software, announced $46m in Series B funding.
– Led by Lightspeed Ventures Partners, the new round includes investments from Salesforce Ventures and Stripes, along with existing partner Norwest Venture Partners and all of the original investors.
– In total, Spiff has raised $68m.

– Legion is an AI-powered workforce management company.
– The company raised $50m in Series C funding.
– The round was led by Stripes and joined by Norwest Venture Partners, First Round Capital, XYZ Ventures, Webb Investment Network, and Dollar General.
– The company plans to build on its momentum to increase hiring and accelerate product innovation.

– Sift, a fraud prevention company, raised $50m in funding.
– The round was led by Insight Partners and joined by Union Square Ventures and Stripes.
– The company has over several hundred customers, including Twitter, Airbnb, Twilio, DoorDash, Wayfair and McDonald’s.
– It has over 70 billion events per month.

– 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.

– Fireblocks, a cryptocurrency custody company, raised $133m funding.
– The round was led by Coatue, Ribbit and Stripes.
– BNY and Silicon Valley Bank are also participating in the funding round.
– Existing investors Paradigm, Galaxy Digital, Swisscom Ventures, Tenaya Capital and Cyberstarts Ventures are investing once again.
– Overall, Fireblocks has raised $179m since day one.
– The company doesn’t have a consumer-facing product.
– Instead, it sells its products to banks, fintech startups and other financial institutions.

– Snyk from Boston is a cloud native application security company.
– The company closed a Series E financing, totaling $300m.
– The round was led by Accel and Tiger Global, with participation from existing investors Addition, Boldstart Ventures, Canaan Partners, Coatue, GV (formally Google Ventures), Salesforce Ventures, Stripes and funds managed by BlackRock; new investors include Alkeon, Atlassian Ventures, Franklin Templeton, Geodesic Capital, Sands Capital Ventures and Temasek.
– The company intends to use the funds to expand its business reach.

– Harvest Hosts from San Francisco has announced a $37m growth investment from Stripes.
– As road travel and the RV industry experience a major surge, the investment will enable the company to drive its continued expansion of host locations to connect travelers with safe, one-of-a-kind overnight experiences, while supporting small businesses.

– Axonius, the cybersecurity asset management company, announced it has raised $100m in Series D funding, led by Stripes, a leading New York-based growth equity firm, as well as participation from existing investors Bessemer Venture Partners (BVP), OpenView, Lightspeed, and Vertex.
– Ken Fox, founder and partner at Stripes, will join the Axonius board of directors.
– This latest round follows a 2020 investment of $58m, increasing total funding to $195m at a greater than $1b valuation.
– Axonius will use the new funding to scale company growth globally and expand its cybersecurity asset management platform to meet surging market demand while maintaining its commitment to product simplicity and customer value.

– Emotive, a text marketing platform, raised $50m in Series B funding.
– The round was led by CRV and joined by Mucker Capital, TenOneTen Ventures and Stripes.
– It brings Emotive to a valuation of $400m.
– The company plans to continue developing the product, to grow its headcount to more than 200 people and to open offices in Atlanta and Boston.
– Eventually, it could also expand beyond texting.