Harrison.ai raised $92.3 million USD, Droplette secured $15.4M,Read more...
DoorDash bagged $127M funding; ezbuy received $20M investment; Betterworks raised $20M
- The History Project, a company that seeks, to be a modern reinvention of the time capsule, raised an undisclosed amount of funding from The Associated Press. The round is an extension of the company's $2 million seed round, which it raised in November from The New York Times Company, with additional investment by Matter Ventures and Altpoint Ventures, as well as several angels. The company had also previously raised $500,000 in a friends and family round.
- BetterWorks, provider of an enterprise collaboration platform, raised a $20 million Series B funding round led by Emergence Capital with participation from Kleiner Perkins Caufield & Byers, 8VC, and previous investors. In total, the company has raised $35.5 million in venture capital. The company says it has over 200 enterprise customers today, including CVS Health, Schneider Electric, Shutterstock, GoPro, AOL, American Family Insurance, and Capco.
- Hockeystick.co, a Toronto, Canada-based provider of a financial data platform for funds, raised $600,000 in seed funding. Backers in this first outside capital raise included from US and Canadian investors such as LaunchPad Venture Group, BDC Capital, York Angels and Spark Angels. The majority of investors are customers of the platform. The company is using the funding to grow its data science team and to add new data integrations to its platform.
- Bivarus, a patient-centered analytics company working with healthcare organizations to measure and analyze the patient experience, raised $2 million in its oversubscribed round of funding. This latest financing was co-led by new investor Hatteras Venture Partners and existing investor Excelerate Health Ventures. In addition to local investors, Bivarus attracted new institutional investors from outside of the Raleigh/Durham region: NueCura Partners of Nashville, Tenn., and Boston Millennia Partners of Boston, Mass.
- Bijou Commerce, a B2B SaaS platform that delivers native mobile app solutions on iOS and Android, raised £2 million. The main backers are the UK’s leading venture builder Blenheim Chalcot, who have founded and scaled over 30 tech-led businesses, as well as angel investors including Tom Singh (founder of New Look). Dan Cobley, former Google MD UK & Ireland has also joined Bijou Commerce’s Board of Directors.
- Clinical Genomics, a biotechnology company working across the United States and Australia, closed a US$15 million ($19.7 million) round led by Sydney-based VC firm OneVentures. Dr Paul Kelly, partner at and managing director of OneVentures and former CEO of biotech company Gemini Genomics, will join the company’s board of directors.
- HomeUnion, an Irvine, Calif.-based online real estate investment management company, raised $16 million in Series B funding. Backers included new investors Colchis Capital, Northgate Capital, Tamarisc and Artiman. The company intends to use the funds to expand operations and to develop more online tools to analyze the performance of rental homes on a granular level – by neighborhood.
- Convoy, a Seattle, WA-based service for local and regional trucking, secured $16 million in Series A funding. The round was led by Greylock Partners with participation from new investors Jeff Wilke, Kevin Systrom, Gary Chartrand, and Mike Gamson and seed investors. In conjunction with the funding, Reid Hoffman and Simon Rothman from Greylock Partners and Code.org co-founder Hadi Partovi joined the board. The company will use the funds to accelerate development of its technology and expand its presence into additional regions following the entry into Oregon.
- Aerin Medical, Inc., a privately held medical device company, closed a $16.7 million Series C financing round. Aerin’s Series C financing was completed in two stages. The initial closing of $6.1 million was led by the Targeted Technology Fund, and the second closing of $10.6 million was led by the KCK Group. As part of this financing Nael Kassar of KCK Group and Peter Savas of Targeted Technology Fund have joined current membersGreg Garfield, Kern Bhugra, Greg Young, Mark Deem, Fred Dinger and Scott Wolf on the Aerin Board of Directors.
- Singapore-based e-commerce company 65daigou raised $20 million in Series B round of funding led by Chinese VC fund Vision Knight Capital, with participation from existing investors IDG Ventures and US-based CGC Capital. Along with this deal, the company has also announced its rebranding to ezbuy. The new funding will be used to complete the rebranding process and continue to expand its market share in Southeast Asia. Apart from these, the capitalisation will also cover technology upgrades.
- DoorDash, a food delivery company that helps restaurants deliver food to their customers’ homes for a fee, raised another $127 million in its third round of funding. Sequoia Capital led the round, with participation from existing investors including Kleiner Perkins and Khosla Ventures. New investors included Y Combinator Continuity Fund and the UK’s Wellcome Trust.
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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The History Project (THP) is changing the way our history is captured and told by re-inventing a new form of digital time capsule. As a pinterest of emotional belongings, THP has created a space between social media and cloud storage to unify our most important memories and curate them beautifully into collaborative multi-media narratives that transcend generations. We are the opposite of snapchat and recognize that as digital content explodes there needs to be a place where the most meanigful things can be preserved forever, richly and beautifully.