Daily funding roundup - January 29th, 2019

Kristin Karaoglu · January 29, 2019 · Short URL: https://vator.tv/n/4d20

Cargo Chief raised $2.5M; Fertility Focus raised $2.7M; Carbon Relay raised $6M

Cargo Chief: Cargo Chief arithmetically matches trucking supply and demand with unparalleled integrations. Leveraging award-winning patented technology we help buyers of freight services instantly find available well vetted capacity. Cargo Chief has raised more than $2.5 million in funding. BootstrapLabs led the round. Read more

Fertility Focus: Fertility Focus aims to increase pregnancy rates in infertile couples by up to 50%, Fertility Focus brings a brand new approach to the issue of infertility diagnosis and treatment. Fertility Focus has raised $2.7 million in Series A funding. Foresight Group and Coutts Investment Club led the round. Read more

Carbon Relay: Carbon Relay’s AI-based solutions enable customers to generate data center energy savings that were previously unattainable. Carbon Relay has raised $6 million in Series A funding, including from Foxconn Technology Group and numerous individual investors, including Black Duck Software founder Douglas Levin. Read more

Salt Security: The Salt API Threat Protection solution discovers APIs, detects vulnerabilities and provides prioritized insights to eliminate risk. Salt Security has raised $10 million in funding, including from S Capital, Lookout founder and CTO Kevin Mahaffey, and Check Point Software cofounder Marius Nacht. Read more

NumberAI:  NumberAI develops artificial intelligence software Numa.  NumberAI has raised $10.5 million in Series A funding, including from Costanoa Ventures, DFJ, and Gradient Ventures. Read more

Sendle: Sendle helps small business thrive by making delivery simple, reliable, and affordable. Sendle has raised $14.3 million in Series B funding. Federation Asset Management led the round. Other investors include Full Circle Venture Capital, Rampersand and Giant Leap. Read more

Medigate: Medigate owns and operates a medical device security platform that protects all connected medical devices on health care provider networks. Medigate has raised $15 million in Series A funding led by USVP, with participation from YL Ventures and Blumberg Capital. Read more

Cinnamon AI: Cinnamon is an AI company to automate the data extraction from unstructured documents, based in Tokyo and Vietnam. Expanding to the US now. Cinnamon has raised $15 million in Series B funding, including from FinTech Business Innovation and SBI Venture Investment Revitalization Tax System. Read more

Timescale: TimescaleDB is an open-source time-series database optimized for fast ingest and complex queries. TimescaleDB has raised $15 million in Series A1 funding led by Icon Ventures, with participation from Benchmark, NEA, and Two Sigma Ventures. Altogether, the company has now raised $31 million. Read more

Knotch: Knotch provides real-time intelligence on branded content. Knotch has raised $20 million in Series B funding led by New Enterprise Associates. Read more

Billie: Billie is a wellness company that offers high-quality shaving supplies and body products at a fair price, without the pink tax. Billie has raised $25 million in Series A funding led by Goldman Sachs’ Private Capital Investing Group. Silverton Partners, Female Founders Fund, and Lakehouse Ventures also joined the round. Read more

Petal: Petal  is a new kind of credit card company on a mission to make credit honest, simple, and accessible. Petal  has raised $30 million in Series B funding led by Valar Ventures. Read more

Featurespace: Featurespace is a provider of adaptive behavioral analytics technology for fraud and risk management in financial services & gaming. Featurespace has raised $32.3 million in funding co-led by Insight Venture Partners and MissionOG. Read more

Gladly: Gladly is reinventing customer service with a customer service platform that centers around customers, not cases, across any channel. Gladly  has raised $50 million in Series D funding. Future Fund and Glynn Capital led the round; other participants include Greylock Partners, GGV Capital, and New Enterprise Associates. Read more  

Lyndra Therapeutics: Lyndra's oral sustained release formulation uses FDA-approved, inexpensive materials. Lyndra has raised $55 million in funding. Polaris Partners led the round, and was joined by investors including HOPU Investments, Gilead Sciences, Invus, Orient Life and the Bill & Melinda Gates Foundation. Read more   

RigUp: RigUp is a platform for the energy industry to digitally interact in a more efficient, safe, and environmentally friendly way. RigUp has raised $60 million at a $300 million post-money valuation, says Axios, which reports that earlier backer Founders Fund led the round and was joined by other previous investors Bedrock Capital and Quantum Energy Partners. Read more  

Forge Global: Forge is a marketplace for private equity, giving private and institutional investors access to top pre-IPO companies. Forge has increased its Series B funding round to $85 million. The German reinsurance giant Munich Re led the latest funding round. Read more

Acorns: Acorns is a finance company that allows individuals to round up purchases and automatically invest the change. Acorns has raised $105 million in Series E funding at a $860 million valuation. Investors include NBCUniversal, Comcast Ventures and private equity firms DST and MSD Capital, TPG’s The Rise Fund, BlackRock and Bain Capital Ventures. Read more

Collibra: Collibra automates data management processes by providing business-focused applications where collaboration and ease-of-use come first. Collibra has raised $100 million in funding at a valuation of more than $1 billion. CapitalG led the round; other participants in the financing include ICONIQ Capital, Index Ventures, Dawn Capital, and Battery 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 days heads up. If you'd like to be included in our Today's Entrepreneur column, please send me your Vator profile.

Image source: towerfundservices.com

Image Description

Kristin Karaoglu

Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams

All author posts

Support VatorNews by Donating

Read more from our "Daily Funding Roundup" series

More episodes