Sentry, a firm that monitors applications and is situated in San Francisco, CA, has raised $60m in Series D funding. The round, which increased funding to $127 million and valued the company at $1 billion after funding, was headed by Accel and included current investor New Enterprise Associates (NEA) and new investor BOND. The company…
A $28 million Series B round of fundraising was completed for the interactive music platform Yousician in New York. New investors Amazon’s Alexa Fund and MPL Ventures LLP joined True Ventures in leading the round, along with angel investors Mark Pincus, Jason Calacanis, David Helgason, Rolf Schrömgens, Moaffak Ahmed, Bryan Meehan, and Anne Badan. The…
Virtual experience business Touchcast, Inc., situated in New York City, secured $55 million in series A funding. Accenture Ventures, Alexander Capital Ventures, Saatchi Invest, Ronald Lauder, and other investors supported the project. The money will be used by the business to expand its platform. Touchcast, led by founder and CEO Edo Segal, offers a platform…
Venture capital firm Draper Esprit plc received a £50 million senior secured term loan from Silicon Valley Bank, which is listed on AIM. The financing consists of a three-year £25 million revolving credit facility from Silicon Valley Bank, which also functioned as the facility agent and mandated lead arranger. The funding will boost the company’s…
The data lake transformation business Dremio, based in Santa Clara, California, closed a $160 million Series E fundraising round, raising its worth to $2 billion. With current investors Sapphire Ventures, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, and Cisco Investments joining in, Adams Street Partners led the round. DTCP and StepStone Group are two…
Swan, a platform for businesses to incorporate banking functions into their products, raised €16 million in Series A funding. Swan is situated in Paris, France. Accel led the round, which also included previous backers Creandum and Bpifrance. By adding market-specific features and a self-service option to the platform’s capabilities as well as expanding its sales,…
A B2B eCommerce and embedded finance platform called TradeDepot raised $110 million in debt and equity capital. It is situated in Lagos, Nigeria. A member of the World Bank Group, the International Finance Corporation (IFC) led the round, which also included current investors Partech and MSA Capital, Novastar, Sahel Capital, CDC Group, and Endeavor Catalyst….
A streaming data platform firm called Redpanda (formerly Vectorized) raised $50M in Series B funding. GV led the round, which also included Lightspeed Venture Partners (LSVP) and Haystack VC. As client acceptance increases, the company plans to use the cash to expand its worldwide engineering and go-to-market teams. Redpanda is a streaming data platform for…
Robotics software startup Micropsi Industries, with offices in Berlin, Germany, and New York City, has completed its $30M Series B fundraising round. The investment round was co-led by new investors Metaplanet, VSquared, and Ahren Innovation Capital. Project A Ventures and M Ventures, two previous investors, also took part. The additional cash will be used to…
Netography, a security firm for the atomized network with headquarters in Annapolis, Maryland, received $45 million in Series A funding. Along with current investors Andreessen Horowitz, Mango Capital, Harpoon Ventures, and Wing Venture Capital, Bessemer Venture Partners and SYN Ventures led the round. The cash will be applied by the company toward sales, channel expansion,…
