Alastair Goldfisher

AR platform provider Ubiquity6 raises $27 mln from Benchmark, Index

San Francisco-based Ubiquity6, which provides an AR platform, announced it raised $27 million in Series B funding, led by Benchmark and Index Ventures. As part of the funding round, Benchmark General Partner Mitch Lasky will join the board. The company, founded in 2017 by Anjney Midha and Ankit Kumar, has now raised more than $37 million from Benchmark, Index, First Round Capital, Kleiner Perkins Caufield Byers, Gradient Ventures and others.

Defy leads $8 mln Series A round in Airspace Technologies

Carlsbad, California-based Airspace Technologies, a provider of delivery system logistics platform, announced it has raised an $8 million Series A round of funding. Defy led the round, which included participation from Qualcomm Ventures, Cross Culture Ventures and Schematic Ventures. The company was founded in 2015, including by Co-Founder and CEO Nick Bulcao, a veteran of the logistics industry.

Stealth company Kebotix announces $5 mln seed round

Cambridge, Massachusetts-based Kebotix, a materials discovery company that’s still in stealth, announced it has raised more than $5 million in seed-stage funding. One Way Ventures, the Boston firm founded by two former directors of Techstars, led the round. The company was founded last year by a group of Harvard University scientists, including Professor Alán Aspuru-Guzik, who has since left Harvard for the University of Toronto. Kebotix is led by CEO Jill Becker, who is listed as a venture partner at NextGen Venture Partners.

Naspers commits to invest $500 mln in letgo

New York-based letgo, which operates a peer-to-peer marketplace to buy and sell goods locally, announced that Naspers has committed to invest $500 million into the company, $150 million of which was transferred earlier this summer. The company, founded in 2015, previously raised more than $475 million from Naspers, Accel, Insight Venture Partners, New Enterprise Associates, 14W, Eight Roads Ventures and other investors.

Maveron promotes Anarghya Vardhana to partner

Consumer-focused investor Maveron has promoted Anarghya Vardhana to partner. Vardhana was most recently a principal, having joined the firm in 2015, according to her bio on the firm's website. She has worked for several startups in product management and operations roles, including at the healthcare company Medable. She also was previously at Rothenberg Ventures. For Maveron, she is a board observer at Booster Fuels, Inkbox, Pluto, The Guild and two unannounced companies.

Benhamou Global Ventures raises $40 mln for first opportunity fund

RiskRecon raises $25 mln, led by Accel

Salt Lake City, Utah-based RiskRecon, which provides risk management cybersecurity services for the enterprise, announced it has raised $25 million in Series B funding. Accel led the round and was joined by existing investors Dell Technologies Capital, General Catalyst, and F-Prime Capital. Existing individual investors Mickey Boodaei, Rakesh Loonkar and Paul Sagan also participated in the round. The company, founded in 2015, has now raised more than $40 million in funding. As part of the Series B round, Accel Partner Nate Niparko has joined the board.

Greenspring Associates leads $43 mln funding in Salsify

Boston-based Salsify, which operates a product platform that lets brands market to shoppers, announced it has raised $43 million in Series D funding. Greenspring Associates led the round, which included participation from existing investors Matrix Partners, Venrock, Underscore VC and North Bridge Venture Partners. The company, founded in 2012, has now raised more than $98 million in total financing.

Cybersecurity investor Ten Eleven raises $140 mln for growth fund, adds Temasek as LP

Burlingame, California-based cybersecurity-focused investor Ten Eleven Ventures announced it has raised $140 million for its second growth fund. The firm, managed by Alex Doll, a digital-security entrepreneur and son of DCM Ventures co-founder Dixon Doll, and investor Mark Hatfield, said it added several new investors into the fund, including Singapore LP Temasek. Ten Eleven said it will work with Temasek to expand geographically, including into Southeast Asia, where the firm says its portfolio companies are aiming to reach when they hit the point of scaling.

WeeCare raises $4.2 mln in seed led by Social Capital

Los Angeles-based WeeCare, which operates a childcare platform to help caregivers start curriculum-based home daycares, announced it has raised $4.2 million in seed funding. The round was led by Social Capital, with participation from Fuel Capital. Previous investors Fika Ventures, Amplify Partners and Wavemaker Partners also joined the round. As part of the investment, Social Capital Partner Adam Nelson has joined the board.