Daily Funding Roundup


Daily funding roundup - October 15th, 2018

Penta raised €7M; Flutterwave raised $10M, Kepler raised $21M, Netlify raised $30M

Innovation series by Kristin Karaoglu
October 15, 2018
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Penta: Penta offers a digital bank account targeting startups and SMEs. The offering is designed to meet all of the banking needs of small to medium-sized businesses, including startups. Penta has raised €7 million in Series A funding from Inception Capital. Read more

Kepler Communications: Kepler is a satellite communications company that is working towards establishing an in-space telecommunications network for space-borne assets. Put simply, we are building cell phone towers in space. Kepler has raised $16 million in Series A funding led by Costanoa Ventures, with participation by Deutsche Bahn’s Digital Ventures. The company has now raised $21 million altogether. Read more

Netlify: Netlify is a Platform as a Service that builds, deploys, and hosts static websites and apps. Netlify is a unified platform that automates your code to create high-performant, easily-maintainable sites and web-apps. Netlify has raised $30 million Series B funding. Kleiner Perkins led the round, with participation from Andreessen Horowitz and numerous individual investors. Read more

Flutterwave: Flutterwave provides a payment service for global merchants, payment service providers and pan african banks. Flutterwave has raised has raised $10 million which was led by leading Silicon Valley venture capital funds Greycroft and Green Visor Capital. Read more

Garrison Technology: Garrison develops technologies for enterprise cybersecurity needs. The company was incorporated in 2014 and is based in London. It aims to serve the growing enterprise market with its anti-malware product. Garrison has raised $30 million in fresh funding. Dawn Capital led the round; Garrison has now raised more than $50 million altogether. Read more

TravelPerk: TravelPerk is revolutionizing the way that organizations budget, book and manage their business travel. TravelPerk has raised $44 million in Series C funding, including from Sweden’s Kinnevik; Russian billionaire and DST Global founder Yuri Milner; and Tom Stafford, also of DST. Read more
Cloud9Cloud9 is a professional multi-game esports organization that is based in the Los Angeles, California area. Cloud9 has raised $50 million in Series B funding. The round was led by Valor Equity Partners; other investors include TrueBridge Capital Partners, Reimagined Ventures and Glassdoor founder Robert Hohman. 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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