ParkWhiz, a Chicago parking logistics startup founded by Aashish Dalal and Jon Thornton, is on a roll. A little over two months after completing a $20 million series D funding round led by NewSpring Capital, it today revealed a $5 million equity deal -- an extension of the series D -- with Amazon's Alexa Fund, Alate Partners, Chaifetz Group, and Purple Arch Ventures. That brings its total raised to date to $61 million.
Samanage, a cloud-based customer service platform, has raised $30 million. Morgan Stanley Expansion Capital led the investment round. Customer service and IT company Samanage wants to dethrone it competitors Zendesk and ServiceNow, and now it has another $30 million to work with. On Thursday, Samanage announced its series D funding led by Morgan Stanley Expansion Capital, the largest funding round it has had to date. In total, this 11-year-old North Carolina-based company has raised $74 million, and it now has more than 2 million users.
Famed tech investor Mary Meeker is aiming to raise around $1.25 billion for her new growth fund, multiple sources tell Business Insider. Meeker, a longtime partner at Kleiner Perkins Caufield & Byers, recently split off from the firm to create her own growth fund. Formal fundraising efforts on behalf of Meeker's new unnamed fund have yet to begin. Premier Silicon valley investor Mary Meeker is seeking to raise around $1.25 billion for a new growth fund, multiple sources tell Business Insider.
A weekly recap of the most interesting venture capital deals, funds and start-ups. : SoftBank's Vision Fund invested $1.1 billion in smart glass maker View, the start-up announced Friday. View makes dynamic window glass that can adjust the level of tint to keep cooling costs down and reduce glare. The company has installed smart windows at commercial airports, apartment buildings and corporate offices for Facebook and CenturyLink. The company behind a pizza-making robot disclosed a $375 million investment, reported by the Wall Street Journal to be from SoftBank's Vision Fund.
SAN MATEO, Calif., November 1, 2018-- Neo4j, the leader in graph databases, announced today that it has closed an $80 million Series E funding round led by One Peak Partners and Morgan Stanley Expansion Capital. David Klein, Co-founder and Managing Partner of One Peak Partners, who co-led Neo4j's Series E funding round, drew an interesting parallel: "Similar to how Oracle revolutionized the way organizations use data by innovating, scaling and maturing relational databases, Neo4j is leading the way in how connected data drives next-generation business applications," said Klein.
The round saw participation from new investor Norwest Venture Partners, along with existing investors like CDC Group, the UK's Development Finance Institution and P Surendra Pai, an anchor investor.
HashiCorp, the company that has made hay developing open source tools for managing cloud infrastructure, obviously has a pretty hefty commercial business going too. Today the company announced an enormous $100 million round on a Unicorn valuation of $1.9 billion. The round was led by IVP, whose investments include AppDynamics, Slack and Snap. New comer [...]
Anti-fraud Startup Shape Security Raises $26M In Series E Round To Drive Global Expansion - Techcrunch
Shape Security, a fraud-fighting cybersecurity company, has closed a $26 million round of Series E funding. This will be the fifth round of funding -- more than $130 million -- since the Mountain View, Calif.-based company was founded in 2011. This latest round was led by Norwest Venture Partners, Kleiner Perkins, Allegis Capital and others [...]
Existing investors CDC Group, UK's Development Finance Institution, and anchor investor P. Surendra Pai also participated in the round. The post NBFC Veritas raises $27m in Series D round led by Norwest Venture appeared first on DealStreetAsia.
Bitcoin and other major cryptocurrencies are languishing this year, but that is not preventing some investors from putting an impressive valuation on crypto exchange operator Coinbase. In a statement released Tuesday San Francisco-based Coinbase said "we're pleased to announce that Coinbase will add an additional $300 million of investment at a post-money valuation of over [...]