Daily Funding Roundup


Daily funding roundup - October 4th, 2018

Caribu raised $1.3M; Tourmaline Labs raised $2M; SKALE raised $8.86M; CrowdRiff raised $9M

Innovation series by Kristin Karaoglu
October 4, 2018
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Caribu: Caribu integrates children’s books into a child-friendly video calling app, providing a truly engaging communication experience for kids and their families. Caribu raised $1.3 million in funding. Be Curious Partners led the round. Read more »

Tourmaline Labs: Tourmaline Labs is a company specializing in the development of cutting-edge software that will collect telematics data through the use of a smart phone. Tourmaline raised $2 million in funding, including from ClearVision Equity Partners and Tech Coast Angels. Read more »

Basis: Basis is an app that allows people to deal and cope with mental health issues and offers same-day access to trained specialists. Basis has raised $3.75 million in funding. Bedrock led the round, with participation from Wave Capital and Lightspeed Venture Partners. Read more»

SKALE: SKALE acts as a middle-ware layer which provides high speed consensus and empowers dApps to run smart contracts at the rate of millions per second on platforms such as Ethereum, EOS, and other Smart Contract Blockchain platforms. The SKALE Network is a fully decentralized, open-source P2P network that is run using the SKALE utility token which is staked by dApps and supported by SKALE Mining nodes. SKALE has raised $8.86 million led by Multicoin Capital. Read more»

CrowdRiff: CrowdRiff is an AI-powered visual content marketing platform purpose-built for travel and tourism brands, announced it has raised a $9 million USD series A funding round. The round was led by Leaders Fund, a venture capital fund with offices in Toronto and Atlanta focused on investing in enterprise SaaS companies, with participation from several other investors including High Alpha Capital and Gibraltar & Company. Read more»

iDonate: iDonate is an online platform that enables charities and fundraisers to raise funds in Ireland. iDonate has raised $10 million in Series A funding led by PerformanceEdge Partners. Read more»

CloudKnox Security: CloudKnox provides a single platform that manages the entire identity privilege lifecycle across any private and public cloud infrastructure. CloudKnox has raised $10.75 million in funding led by ClearSky Security, with participation from Dell Technologies Capital and Foundation Capital. Read more»

Chasm Technologies: Chasm is a consulting firm specializing in nanomaterials and thin film coating & patterning. CHASM’s mission is to develop and manufacture application-tailored products comprised of Carbon Nanotubes and other advanced materials. Chasm raised $11 million in Series A funding co-led by Wave Equity Partners and NXT Ventures. Read more»

Rylo: Rylo is a consumer electronic company that is behind of a powerful little 360° camera that shoots larger-than-life video. Rylo aised $20 million in Series B funding, led by Icon 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 If you want a longer write-up, please do give us a couple days heads up. If you'd like to be included in our Today's Entrepreneur column, please send me your Vator profile.

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