3 min read · 31 October 2018
2 min read · 30 October 2018
True Ventures, a backer of Blue Bottle Coffee, Fitbit, Madison Reed and Ring, announced today the closing of its sixth early-stage fund at $350 million and its third Select Fund at $285 million. The firm, with offices in San Francisco and Palo Alto, announced in 2017 a $112 million second select fund to make growth investments in its portfolio companies, and it raised $310 million for its fifth fund in 2016.True Ventures, a backer of Blue Bottle Coffee, Fitbit and Ring, announced today the closing of its sixth early-stage fund at $350 million and its third Select Fund at $285 million. The firm, with offices in San Francisco and Palo Alto, announced in 2017 a $112 million second select fund to make growth investments in its portfolio companies, and it raised $310 million for its fifth fund in 2016.
1 min read · 30 October 2018
San Francisco-based Sentieo, provider of financial research platform, announced that it has raised $19 million in Series A funding. Centana Growth Partners led the financing, which included existing investors.
1 min read · 30 October 2018
Cambridge, Massachusetts-based Zylotech, a provider of AI-driven customer analytics for marketers, announced it has raised $5.5 million in funding. Glasswing Ventures led the round, which included Geekdom, Revel Partners and Rubicon Ventures. The company also announced that Rudina Seseri, founder and managing partner of Glasswing, has joined the board. Zylotech was spun out of MIT and officially launched in 2017.
1 min read · 30 October 2018
San Francisco-based Lively Inc, which operates a Health Savings Account platform, announced it has raised $11 million in a Series A funding round led by Costanoa Ventures. Other investors include Y Combinator, Point Judith Capital and Transmedia Capital. As part of the financing, Costanoa Partner Mark Selcow will join the board.
1 min read · 30 October 2018
Menlo Park, California-based Clear Labs, provider of a platform for food safety testing, announced it has raised $21 million in funding. The Series B2 round was led by Menlo Ventures, with participation from Wing VC, Dentsu Ventures, Felicis Ventures and Khosla Ventures, along with a number of food production companies. The company, founded in 2014, has now raised $45 million in total funding.
1 min read · 30 October 2018
Mobile performance testing service provider HeadSpin announced it has raised $20 million in a Series B round of funding. The round includes new investors ICONIQ, Battery Ventures, EQT Ventures, Kearny Jackson, Adam D’Angelo, Ross Mason and Ryan Hoover. They join existing investors GV, Telstra Ventures, Danhua Capital, Nexus Ventures Partners, NextWorld Capital and others. The company was founded in 2015.
1 min read · 30 October 2018
San Francisco-based Ethos, a life insurance company that uses predictive analytics, announced today that it has raised $35 million in Series B funding. Accel led the round, which include GV and previous investors Sequoia Capital and Arrive, a subsidiary of Roc Nation, as well as a debt facility from Silicon Valley Bank. The company, founded in 2016, has now raised $46 million in total funding. As part of the latest round, Accel Partner Nate Niparko will join the board and GV General Partner Tyson Clark will join the board as an adviser.
1 min read · 30 October 2018
Los Angeles-based WAYV, a provider of B2B ecommerce solutions for the cannabis industry, today announced a $5 million seed round led by Craft Ventures. The company was launched earlier this year by Keith McCarty, co-founder of Eaze.
1 min read · 29 October 2018