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Ketch Secures $20 Million in Series A1 Funding, Accelerating its Rapid Growth
Ketch Secures $20 Million in Series A1 Funding, Accelerating its Rapid Growth
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Ketch Secures $20 Million in Series A1 Funding, Accelerating its Rapid Growth

– Ketch, the next generation data control platform for privacy, governance and security, announced it has closed on a Series A1 funding round, raising $20 million.
– This is a follow-up to a series A funding round that closed in March of this year, bringing the total of its series A investment to a significant $43 million.
– The round was led by Acrew Capital with participation from CRV, super{set}, Ridge Ventures, and Silicon Valley Bank, and will be used to continue Ketch’s rapid growth by expanding its sales and go-to-market teams to address unprecedented market demand.
– Ketch has revolutionized the market by introducing a data control platform for Programmatic Privacy™, governance and security.

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Aviatrix Raises $200M in Series E Funding
Aviatrix Raises $200M in Series E Funding
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Aviatrix Raises $200M in Series E Funding

– Aviatrix from Santa Clara provides cloud networking and security software for enterprises.
– The company raised $200m in Series E funding.
– The round was led by TCV with participation from new investors Insight Partners and Tiger Global, and existing investors CRV, Formation 8, General Catalyst, Greenspring Associates, Ignition, Liberty Global Ventures, Meritech Capital and TrueBridge Capital Partners.
– The new investment will be aimed at scaling the worldwide sales and support operations.

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Factorial Closes a Series B Funding Round with $80 Million
Factorial Closes a Series B Funding Round with $80 Million
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Factorial Closes a Series B Funding Round with $80 Million

– Factorial, a Barcelona-based HR software company that streamlines people management, has closed an $80m Series B funding round led by Tiger Global Management, with participation from previous investors CRV, Creandum, Point Nine, K Fund, and Columbia Lake Partners bringing the total funding amount to $100m.
– Factorial, which serves thousands of clients in more than 65 countries, has been ranked among the Top 10 most promising startups in Europe. With the new funds, Factorial will expand to new markets, opening offices in the USA and Brazil.

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Jeeves Raises $57M in Series B funding; at $500M Valuation
Jeeves Raises $57M in Series B funding; at $500M Valuation
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Jeeves Raises $57M in Series B funding; at $500M Valuation

– Jeeves is a NYC-based expense management platform for global startups.
– The company raised $57M in Series B funding at a $500M valuation.
– The Series B round was led by CRV with participation from Tencent, Silicon Valley Bank, Alkeon Capital Management, Soros Fund Management and a key group of angel investors including Kevin Durant, Andre Igoudala, Odell Beckham Jr., The Chainsmokers and the founders of eight unicorn companies — Adolfo Babatz (CEO, Clip), Gabriel Braga (CEO, QuintoAndar), Pierpaolo Barbieri (CEO, Uala), Zac Prince (CEO, BlockFi), Immad Akhund (CEO, Mercury), Pablo Gonzalez (Founder, Bitso), Tom Blomfield (Founder, Monzo Bank), Des Traynor (Founder, Intercom), Bo Jiang (CEO, Lithic).
– The company intends to use the funds to accelerate its launch in Colombia, UK, Europe; scale its proprietary infrastructure to cover more currencies; acquire new talent and accelerate the onboarding of new companies to the platform.

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Workstream Raises $48M in Series B Funding
Workstream Raises $48M in Series B Funding
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Workstream Raises $48M in Series B Funding

– Workstream, a San Francisco, CA-based hiring platform and mobile app that streamlines the sourcing and onboarding of hourly workers, raised $48m in Series B funding.
– The round was co-led by BOND and Coatue, with reinvestment from Founders Fund, and Eric Yuan, CEO of Zoom; Tony Xu, CEO of DoorDash; Ryan Smith, CEO of Qualtrics; Frederic Kerrest, COO of Okta; Basis Set Ventures; CRV; Peterson Ventures; GGV Capital; Jay-Z’s RocNation; Will Smith’s Dreamers VC and others.
– The company intends to use the funds to double the size of its team with numerous hires across sales, marketing and engineering, and continue to invest in growth and product development.

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Cribl Raises $200M in Series C Funding
Cribl Raises $200M in Series C Funding
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Cribl Raises $200M in Series C Funding

– Cribl from San Francisco develops an Observability Pipeline to provide real-time visibility into the data center.
– Series C $200m round led by Greylock and Redpoint Ventures, with participation from new investor IVP, existing investors Sequoia and CRV, and strategic backers Citi Ventures and CrowdStrike.
– The company intends to use the funds to expand operations and its business reach.

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Postman Closes $225 Million Series D Round at a $5.6 Billion Valuation to Power the API-First World
Postman Closes $225 Million Series D Round at a $5.6 Billion Valuation to Power the API-First World
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Postman Closes $225 Million Series D Round at a $5.6 Billion Valuation to Power the API-First World

– Postman announced that it has secured $225m in a Series D round, placing its valuation at $5.6bn.
– The round was led by existing investor, New York-based global private equity and venture capital firm Insight Partners, and joined by new investors Coatue, Battery Ventures, and BOND, along with existing investors CRV and Nexus Venture Partners.
– In addition, DoorDash Product Leader Gokul Rajaram and Freshworks Founder Girish Mathrubootham have also joined as individual investors.
– The company has now raised more than $430m across four rounds.
– Postman will use the Series D capital to expand its teams in the areas of sales, marketing, product, and engineering.

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Link-in-bio monetization platform Snipfeed raises a $5.5M seed round
Link-in-bio monetization platform Snipfeed raises a $5.5M seed round
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Link-in-bio monetization platform Snipfeed raises a $5.5M seed round

– Snipfeed, a link-in-bio business, raised $5.5m in seed funding.
– The round was led by CRV, Abstract Ventures, Crossbeam (Ali Hamed), id8, Michael Ovitz (founder of CAA), Michael Bosstick, Diaspora Ventures and others.
– The company plans to use the funding to expand its team and build out its product.

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Mercury Announces $120M Series B Round
Mercury Announces $120M Series B Round
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Mercury Announces $120M Series B Round

– Mercury, a digital banking outfit targeting startups, has raised $120m at a $1.62bn valuation in a Series B funding round.
Coatue led the round, with participation from Andreessen Horowitz, CRV, Sapphire Venture and a host of angels.
– Mercury is building banking for startups. The company wants to power the next generation that will shape American industry.

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ActiveFence Announces $100 Million in Funding to Keep the Internet Safe
ActiveFence Announces $100 Million in Funding to Keep the Internet Safe
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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.

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Bbot Raises $15M in Series A Funding
Bbot Raises $15M in Series A Funding
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Bbot Raises $15M in Series A Funding

– Bbot, a NYC-based hospitality tech company, raised $15m in Series A funding.
– The round was led by CRV.
– The company intends to use the funds to accelerate growth and expand developer capabilities.

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Checkly secures $10M for continuous API and web app testing
Checkly secures $10M for continuous API and web app testing
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Checkly secures $10M for continuous API and web app testing

– Checkly, an active monitoring platform for APIs and web apps, announced that it closed a $10 million series A funding round led by CRV with participation from Accel, Mango Capital, and Guillermo Rauch.
– The capital, which brings the company’s total raised to $12.25 million, will be used to expand Checkly’s engineering team and build out its platform, according to CEO Hannes Lenke.
– Knowing if web apps and APIs are working continuously is critical for businesses, particularly in light of the pandemic.
– Over the past year, consumer have migrated to online channels, and companies have responded. According to a McKinsey survey, organizations have accelerated the digitization of customer interactions by three to four years.

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Vercel Announces $102M in Series C Funding to Scale Team Globally and Accelerate Innovation and Adoption of Leading Frontend Development Platform
Vercel Announces $102M in Series C Funding to Scale Team Globally and Accelerate Innovation and Adoption of Leading Frontend Development Platform
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Vercel Announces $102M in Series C Funding to Scale Team Globally and Accelerate Innovation and Adoption of Leading Frontend Development Platform

– Vercel, a platform to develop, preview and ship websites, from single static pages to apps with billions of dynamic pages, and creator of Next.js, the leading React and JavaScript framework for frontend web development, announced that it has secured $102M in Series C funding in a round led by Bedrock Capital with participation from existing investors Accel, CRV, Geodesic Capital, Greenoaks Capital and GV.
– New investors include 8VC, Flex Capital, GGV, Latacora, Salesforce Ventures and Tiger Global.
– The new funding, which brings the total raised to $163M, will be used to scale the Vercel team globally, accelerate research and development, drive platform innovation and accelerate adoption.

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Iterable Raises $200M in Series E Funding
Iterable Raises $200M in Series E Funding
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Iterable Raises $200M in Series E Funding

– Iterable, a San Francisco, CA-based provider of a martech platform focusing on the development and optimization of cross-channel experiences, raised $200m in Series E funding.
– The round was led by new investors Silver Lake, Adams Street Partners, Glynn Capital, and DTCP and existing investors CRV, Viking Global Investors, Blue Cloud Ventures, and Capital Ventures.
– The new investment will be used to continue to develop the platform and expand its business reach.

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Cord raises $4.5M to automate computer vision annotation processes
Cord raises $4.5M to automate computer vision annotation processes
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Cord raises $4.5M to automate computer vision annotation processes

– Cord, a startup automating annotation processes for computer vision, announced that it raised $4.5 million in a seed round led by CRV.
– CEO Eric Landau says that the capital will be put toward expanding Cord’s customer base and platform as the company looks to hire additional employees.
– Training AI and machine learning algorithms requires plenty of annotated data. But data rarely comes with annotations. The bulk of the work often falls to human labelers, whose efforts tend to be expensive, imperfect, and slow.
– It’s estimated most enterprises that adopt machine learning spend over 80% of their time on data labeling and management. In fact, in a recent survey conducted by startup CloudFlower, data scientists said that they spend 60% of the time just organizing and cleaning data compared with 4% on refining algorithms.

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Wheel Raises $50 Million Series B to Build the Next Generation of Virtual Care
Wheel Raises $50 Million Series B to Build the Next Generation of Virtual Care
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Wheel Raises $50 Million Series B to Build the Next Generation of Virtual Care

– Wheel, the health tech company making virtual care work for everyone, announced a $50m Series B investment led by Lightspeed Ventures with participation from existing investors CRV, Silverton Partners, Tusk Venture Partners, and J.P. Morgan.
– New investors including Tony Fadell’s Future Shape also participated in the round.
– Wheel has raised $66m in total and will use the funding to further invest in its technology and clinician networks, soon delivering care to millions of patients in seconds.

Source
Viz.ai Raises $71 Million Series C Round Led by Scale Venture Partners and Insight Partners
Viz.ai Raises $71 Million Series C Round Led by Scale Venture Partners and Insight Partners
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Viz.ai Raises $71 Million Series C Round Led by Scale Venture Partners and Insight Partners

– Viz.ai today announced that it has raised $71 million in Series C funding, led by Scale Venture Partners and Insight Partners with participation from Greenoaks, Kleiner Perkins, Threshold Ventures, CRV, Innovation Endeavors and Susa Ventures.
– Viz.ai aims to accelerate expansion of its Intelligent Care Coordination A.I. platform beyond stroke to other areas of acute care such as cardiology, pulmonary and trauma, and into new global markets.
– This round brings the company’s total funding to over $150 million since inception.

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Airtable is now valued at $5.77B with a fresh $270 million in Series E funding
Airtable is now valued at $5.77B with a fresh $270 million in Series E funding
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Airtable is now valued at $5.77B with a fresh $270 million in Series E funding

– Airtable, a no-code relational database, raised $270m funding.
– The round was led by Greenoaks Capital and joined by WndrCo, as well as existing investors Caffeinated Capital, CRV and Thrive.
– The company plans to use the funding to accelerate the development of its enterprise product and growing the team.
– The company was approached by Greenoaks, rather than actively seeking funding.

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Parabol Raises $8M In Series A Funding
Parabol Raises $8M In Series A Funding
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Parabol Raises $8M In Series A Funding

– Parabol is a Los Angeles, CA-based Agile meeting platform.
– Company secured an $8m Series A funding.
– The round was led by M12 with participation from CRV, Haystack, Techstars, and others.
– The new investment will be used to expand its business reach and add new enterprise features.

Source
Emotive raises $50M to make text marketing more conversational
Emotive raises $50M to make text marketing more conversational
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Emotive raises $50M to make text marketing more conversational

– 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.

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Nobl9 Raises $21M in Series B Funding
Nobl9 Raises $21M in Series B Funding
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Nobl9 Raises $21M in Series B Funding

– Nobl9 is a Boston, MA-based software reliability platform company.
– The company secured $21m in Series B funding.
– The round was led by Battery Ventures and CRV with participation from Bonfire Ventures and Resolute Ventures and new investors Harmony Partners and Sorenson Ventures.
– The new investment will be used to fund programs focused on customer deployment success, software engineering team expansion and marketing programs.

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Kong Raises $100 Million to Accelerate Cloud Connectivity
Kong Raises $100 Million to Accelerate Cloud Connectivity
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Kong Raises $100 Million to Accelerate Cloud Connectivity

– Kong Inc. announced it has closed $100m Series D funding.
– The round was led by Tiger Global Management with participation from existing investors Index Ventures, CRV, GGV Capital and Andreessen Horowitz as well as new investor Goldman Sachs.
– This latest round brings Kong’s total funding to $171m, tripling its valuation to $1.4bn since the Series C round.
– The company will use the capital to scale its go-to-market operations, grow world-class Engineering and Customer Experience teams, and accelerate cloud connectivity with its new SaaS-based Kong Konnect service connectivity platform.
– Kong Konnect is a full-stack service connectivity platform designed for cloud native applications and delivered as a service.

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