Alastair Goldfisher

Eniac leads $1.5 mln seed funding of Bleximo

Berkeley, California-based Bleximo Corp, which focuses on quantum computing applications, announced it has raised $1.5 million in seed-stage funding led by Eniac Ventures. Also participating are Boost VC, Creative Ventures, KEC Ventures and Gyan Kapur. Bleximo was founded last year by Cyclotron Road fellow and quantum expert Alexei Marchenkov.

Grubhub agrees to buy VC-backed Tapingo for $150 mln

Grubhub has agreed to acquire Israeli-based Tapingo, provider of an on-campus food ordering platform, for $150 million. The deal is expected to close in the fourth quarter. Tapingo, which also has an office in San Francisco, has raised about $36 million in venture funding from Khosla Ventures, Qualcomm Ventures, Viola Ventures and DCM Ventures, among others.

Tide turning in the C-suite? More VC startups name women to the COO post

GitLab raises $100 mln, led by Iconiq, surpasses $1 bln in valuation

San Francisco-based GitLab, provider of an open core collaboration platform for developers, announced it has raised a $100 million Series D round of funding valuing the company at $1.1 billion. The funding round was led by Iconiq Capital, the Silicon Valley fund that is an investment vehicle for the founders of Facebook, LinkedIn and Twitter. The company, which has now raised more than $145 million since it was founded, is eyeing an IPO in 2020.

Amplify Partners wraps up third fund with $200 mln

Menlo Park, California-based Amplify Partners announced it has closed its third fund with $200 million in commitments. A regulatory filing indicated 50 investors contributed to the fund. The firm, founded in 2012 by General Partners Sunil Dhaliwal and Mike Dauber, raised $125 million for its previous effort in 2015. The firm backs early-stage technical founders in such sectors as machine intelligence, infrastructure, developer tools and security.

Norwest leads $30 mln funding in Singular

San Francisco-based Singular, provider of a data analytics platform for marketing intelligence, announced it has raised $30 million in Series B funding. Norwest Venture Partners led the round, which included General Catalyst, Method Capital, Telstra Ventures, Translink Capital and Thomvest. As part of the funding, Scott Beechuk, a partner at Norwest, will join the board. Singular, founded in 2014, has now raised $50 million in total funding.

AR company Blippar raises $37 mln

London-based Blippar, which develops augmented reality and computer vision technology, announced it has raised a $37 million funding round led by Candy Ventures and Qualcomm Ventures. The company did not specify by name, but said current investors also participated in the round. The company, founded in 2011, has now raised more than $137 million in financing, including a $54 million Series D funding round led by Khazanah Nasional Berhad, the strategic investment fund of the government of Malaysia, in 2016.

On the Bleeding Edge: 9.17.18

Base10 raises $137 mln for AI applications in automation, sans robots

Partech strengthens its growth team

Partech Growth announced it has promoted Victor Huberson to principal and named Henrik Grosse Hokamp an associate. Huberson, based in Paris, joined Partech in October 2017 after five years in investment banking at Bank of America Merrill Lynch. He focuses on growth investments. Hokamp joined Partech in 2015 from High-Tech Gründerfonds and was working on seed and venture investing, He will split his time between Berlin and Paris.