Daily funding roundup - Dec. 15th, 2020
Modern Health raised $51M; Noname Security landed $25M; Iris Automation secured $13M
Tive: Tive is a Boston-based company focused on providing more visibility into shipment tracking, including location data and condition insights like temperature, shock, light exposure and humidity. Tive has raised a $12 million Series A funding round from RRE Ventures, with participation from Two Sigma Ventures and earlier backers NextView Ventures, Hyperplane Ventures, One Way Ventures, Fathom Ventures, and others. Read more
Iris Automation: Iris Automation is a San Francisco-based startup whose camera-based obstacle avoidance system keeps drones from crashing into things. Iris Automation has raised $13 million in Series B funding from Bessemer Venture Partners, Bee Partners, OCA Ventures, Sony Innovation Fund and Verizon Ventures. Read more
AIStorm: AIStorm is a Cupertino, Ca.-based developer of low-powered AI edge computing chips. AIStorm has raised $16 million in Series B funding from strategic investors, including computer equipment maker AsusTek; biometrics supplier Egis Technology; Knowles Corporation, which makes advanced micro-acoustic microphones; Meyer Corporation, a maker of food-prep equipment; and Senvest Management, a New York-based venture capital firm. Read more
BoxCast: BoxCast is a Cleveland, Oh.-based company aiming to make it easy to livestream any event. BoxCast has raised $20 million in Series A funding led by Updata Partners, with participation from audio equipment manufacturer Shure. Read more
Noname Security: Noname Security is a Palo Alto, Ca.-based enterprise API security startup. Noname Security raised $25 million from Lightspeed Venture Partners, Insight Partners and Cyberstarts. Read more
Parsec: Parsec is a New York-based startup that has developed an ultra-low latency interactive streaming technology. Parsec has raised $25 million in Series B funding led by Andreessen Horowitz, with participation from earlier investors Lerer Hippeau, Makers Fund, NextView Ventures and Notation Capital. The company has now raised $33 million altogether. Read more
Self Financial: Self Financial is an Austin, Tex.-based startup that helps consumers establish and build credit history. Self Financial has raised $40 million in Series D funding. Meritech Capital Partners led the round, joined by earlier investors Altos Ventures, Conductive Ventures and Silverton Partners. Read more
Modern Health: Modern Health is a Bay Area-based mental health platform for employers that aims to help guide employees to the right level of care. Modern Health raised $51 million in Series C investment led by Battery Ventures. The company has now raised $95 million altogether. Read more
Nference: Nference is a Cambridge, Ma.-based company whose software is designed to make it easier for scientists, researchers and doctors to look up biomedical information. Nference has raised $60 million in Series C funding. Matrix Capital Management led the round, joined by Matrix Partners, Mayo Clinic Ventures and NTTVC. Read more
Public: Public is a New York-based social investing network company that invites users to buy any stock with any amount of money and to participate relatedly in social communities. Public has raised $65 million in Series C funding round led by Accel. The new investment comes eight months after the company raised a $15 million Series B round. Read more
LocanaBio: LocanaBio is a San Diego-based gene therapy startup. LocanaBio has raised $100 million in Series B funding. Vida Ventures led the round, joined by RA Capital Management, Invus, Acuta Capital Partners, SVB Leerink and earlier investors Arch Venture Partners, Temasek, Lightstone Ventures, UCB Ventures and GV. Read more
ClickUp: ClickUp is a San Diego-based maker of productivity software. ClickUp has raised $100 million at a post-money valuation of $1 billion valuation, says Bloomberg. The Canadian firm Georgian led the round, joined by earlier backer Craft Ventures. Read more
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to kristin@vator.tv. If you want a longer write-up, please do give us a couple of days heads up. If you'd like to be included in our Today's Entrepreneur column, please send me your Vator profile.
Image by Nattanan Kanchanaprat from Pixabay
Kristin Karaoglu
Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams
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