Harrison.ai raised $92.3 million USD, Droplette secured $15.4M,Read more...
ThousandEyes closed a $35M funding; Arctic Sand Technologies secured $19M; enSilo received $19M
- Signifyd, a fraud technology solution for e-commerce stores, closed a $20 million Series B funding round. The round was led by Menlo Ventures, with additional participation from Allegis Capital, IA Ventures, QED Investors, Bill McKiernan and Tim Eades. This new round brings Signifyd’s total funding to $31 million to date.
- Cannabis.Net (owned by Evergreen Buzz, LLC), a Wilmington, DE-based software platform for all things marijuana and cannabis related, completed a second round of angel and venture capital funding. The amount of the deal and the backers were not disclosed.Led by managing director Curt Dalton, Cannabis.net is a website producing mapping software for dispensaries, doctors, and lawyers in the cannabis and legal marijuana field.
- Singapore-based SaaS email marketing company Ematic Solutions raised close to $1 million in a pre-Series A round led by Telkom Indonesia‘s venture arm MDI Ventures. It will use this newly-raised capital to expand into Indonesia with the opening of an office in Jakarta. Ematic Solutions will also actively recruit a customer success team to work with Indonesian companies, and speed up product development and R&D.
- Wakie, a Mountain View, CA-based voice communication app, raised another $1 million in funding. Backers included Y Combinator and unnamed American business angels. Created in Russia and led by CEO Hrachik Adjamian, Wakie provides an AI-based app to find the right person to discuss any question users may have.
- Revl received $2 million in investments for its smart action camera. The company’s seed round was led by Bill Tai and will be used to accelerate production of its signature device, along with development of a companion iOS app. Other investors joining this round include Y Combinator, Frog Ventures, James Lindenbaum, and Lars Rasmussen.
- Overnight raised $2.5 million for its last-minute travel app. The seed round was led by Accomplice and CrossCut Ventures and comes as the company officially launches to the public in Los Angeles, Calif. Overnight has already set its sights on Austin, Texas as its next market. Also participating in the round were Greycroft partner Paul Bricault and Summit Action Fund’s Elliott Bisnow.
- Signal Sciences unveiled a web application firewall (WAF) designed to address the security challenges. Along with the public launch of the company, Signal Sciences is disclosing a 2015 Series A funding round of $9.7 million, led by Index Ventures, and a board of advisors including: Alex Stamos, CSO of Facebook; Chad Dickerson, CEO of Etsy; Brad Arkin, CSO of Adobe; Dan Kaminsky, Chief Scientist of White Ops; Gene Kim, Founder of TripWire; and Ryan McGeehan, founding advisor at HackerOne.
- Israeli cybersecurity firm enSilo closed a $19 million financing round, bringing the total amount raised to date to $21 million. Investors included Rembrandt Venture Partners, Carmel Ventures and Lightspeed Venture Partners. Founded 18 months ago, enSilo's platform focuses on preventing data tampering and the theft of critical data from the system by external attackers. The company said it will use the new funds to expand sales and marketing, and improve customer experience.
- Arctic Sand Technologies, a Cambridge, MA-based provider of power conversion ICs, completed a $19 million Series B funding. The round was led by Murata Manufacturing Company, Ltd., with participation from GE Ventures, Northwater Capital and Arsenal Venture Partners. Led by CEO Gary Davison and founder and Chief Scientist David Guiliano, Arctic Sand Technologies leverages technology born at MIT to manafacture ICs that enables more runtime, smaller batteries and thinner profile smartphones, tablets and Ultrabooks.
- ThousandEyes, a network intelligence company that delivers visibility into every network, closed $35 million in Series C funding led by Tenaya Capital, with participation from new investor GV (formerly Google Ventures) and existing investors, including Sequoia Capital and Sutter Hill Ventures. The new funds will be used to execute on the company's long-term growth plans, which include expanding operations in North America and worldwide, delivering a rich pipeline of network intelligence innovations and continuing to invest in customer success.
- Forty Seven Inc., a clinical-stage immuno-oncology company, completed the first half of a committed $75 million Series A financing round and has licensed the rights to multiple immuno-oncology programs from Stanford University. The Series A financing was led by Lightspeed Venture Partners and Sutter Hill Ventures with participation from Clarus Ventures and GV (formerly Google Ventures).
VC's Raising Funds
- Alliance Consumer Growth reached an oversubscribed first and final close on its third fund. Alliance Consumer Growth Fund III LP raised $210 million. ACG typically invests between $5 million and $25 million in fast-growing, privately-held consumer, retail and restaurant companies. ACG’s debut fund was launched in 2011 with $44 million of capital. Fund II was raised in 2014 with $90 million of capital. ACG’s legal advisor was Kramer Levin Naftalis & Frankel. No fund placement agent was used.
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to firstname.lastname@example.org.
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Read more from our "Daily Funding Roundup" series
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