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Daily Funding Roundup

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Daily funding roundup - March 5th, 2019

Zabo raised $1.15M; Tagomi raised $12M; RackTop raised $15M; Mocana raised $15M

Innovation series by Kristin Karaoglu
March 5, 2019
Short URL: http://vator.tv/n/4d62

Zabo: Zabo combines your bank with your cryptocurrency. Zabo has raised $1.15 million in funding from Blockchange Ventures. Read more  

Tagomi: Tagomi combines institutional-grade services with superior execution technology for digital assets and cryptocurrencies. Tagomi  has raised $12 million in funding. Pantera Capital co-led the round with Paradigm, the new fund of Matt Huang. Read more   

RackTop Systems: RackTop develops innovative software products that are revolutionizing the data storage industry by combining high-performance network attached storage with advanced security to solve the most difficult compliance and cyber security challenges facing the modern enterprise. RackTop has raised $15 million in Series A funding.Razor’s Edge Ventures and Grotech Ventures co-led the round and were joined by Maryland Venture Fund, Blu Venture Investors and Gula Tech Adventures. Read more

Mocana: Mocana creates and develops mobile application protection (MAP) app-shielding solutions, enabling users to secure mobile apps. Mocana  has raised $15 million in funding led by Sway Ventures, with participation from earlier backers Shasta Ventures and ForgePoint Capital. Read more

Functionize: Functionize delivers an autonomous testing platform that incorporates AI and machine learning technologies to automate software dev. Functionize has raised $16 million in Series A funding led by Canvas Ventures. Read more

Zinier: Zinier’s modern field service management platform helps companies with large and complex field service teams deliver an unparalleled experience to customer. Zinier has raised $22 million in Series B funding. Accel led the round; other participants include Founders Fund, NGP Capital, Qualcomm Ventures, and Newfund. Read more

Fictiv: Fictiv uses AI, machine learning and workflow automation to streamline hardware manufacturing - from prototype to production. Fictiv has raised $33 million in Series C funding. G2VP led the round; other participants include Mitsui & Co. and earlier investors Accel, Bill Gates, Intel Capital, Sinovation and Tandon Group. Read more

Pantheon: Pantheon is a website platform for developers, marketers, and IT to build, launch, and run all Drupal and WordPress websites. Pantheon has raised $40 million in Series D funding. Sageview Capital led the round, with participation from earlier backers Foundry Group, Scale Venture Partners, and Industry Ventures. Read more

Pie Insurance: Pie Insurance is a new workers' compensation insurer with a direct distribution model and a fully digital experience. Pie Insurance has raised $45 million in Series B funding from SVB Capital, Sirius Group, Greycroft, Moxley Holdings, Aspect Ventures and Elefund. Read more

eSentire: eSentire provides information security solutions and protects enterprises from advanced cyber threats. eSentire has raised $47 million in new funding led by Warburg Pincus, with participation from Georgian Partners and Edison Partners. Read more

Eargo: Eargo, a company made up of ENT surgeons, tech geeks and dreamers, united in our belief that people should be able to hear life to the fullest. Eargo has raised $52 million in Series D funding from Future Fund, along with earlier investors New Enterprise Associates, Nan Fung Life Sciences, Maveron and the Charles and Helen Schwab Foundation. Read more

Secura Bio: Secura Bio focuses on developing oncology therapies, has raised $145 million in equity and debt funding, including $55 million in equity from funds managed by Athyrium Capital Managemen. Read more More here.

Trustpilot: Trustpilot is a leading independent review platform - free and open to all. With more than 50 million reviews of over 240,000 companies, Trustpilot gives people a place to share and discover reviews of businesses, while giving every business the tools to turn consumer feedback into business results. Trustpilot  has raised $55 million led by an affiliate of Advent International, with participation from earlier investors Vitruvian Partners, Draper Esprit, Index Ventures and Northzone. Read more

Wefox Group: Wefox is a platform that connects insurances to brokers that consult their customers completely digital; ONE: Fully digital insurance company. Wefox has raised $125 million in Series B funding. Mubadala Ventures led the round, which represents the first of its investments from a newly created European investment Fund. Chinese investor Creditease also participated. Read more

Chime: Chime helps members avoid bank fees, save money automatically, and lead healthier financial lives. Chime  has raised $200 million in Series D funding. DST Global led the round and was joined by Coatue Management, General Atlantic, ICONIQ Capital, Dragoneer Investment Group, Menlo Ventures, Forerunner Ventures, and Cathay Innovation. 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: addicted2success.com

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