San Francisco-based ForUsAll, provider of a financial platform that advises small and mid-sized businesses on their 401(k) plans, announced it has raised $21 million in a round of funding. Ribbit Capital led the round, which included Foundation Capital and other existing investors. The company, founded in 2014, has now raised $34 million in total funding. As part of the latest financing, Ribbit General Partner Nick Shalek has joined the board.
1 min read · 18 January 2018
Monique Woodard, the first first African-American venture partner on the staff at 500 Startups, announced she is leaving the firm. Woodard joined 500 Startups less than two years ago when it announced it would raise a fund to invest in startups headed by black and Latino entrepreneurs.
1 min read · 18 January 2018
The House, Google’s Gradient Ventures and machine learning researchers from UC Berkeley have teamed up to launch AI@The House, an artificial intelligence innovation hub at the university that includes an AI accelerator. The accelerator will help AI-focused companies with thought leadership, venture funding and provide engineer office hours and co-hosting events. Investments in the accelerator companies will reach up to $120,000, and companies are eligible for additional investment from The House. Any company with at least one UC Berkeley affiliated founder on the team is eligible to apply.
1 min read · 17 January 2018
New York-based JUMP Bikes, operator of a dockless and electric bike sharing network in the United States, announced it has raised $10 million in a Series A funding round led by Menlo Ventures. Also participating in the financing are Sinewave Ventures and existing investors Esther Dyson, SOSv and OurCrowd. The company, formerly known as Social Bicycles, was launched in 2010.
1 min read · 16 January 2018
3 min read · 15 January 2018
3 min read · 12 January 2018
Kelly Graziadei, a longtime Facebook executive, has joined Foundation Capital as an entrepreneur-in-residence. Graziadei held several leadership roles with Facebook for more than seven years, including a recent stint as director of media partnerships.
1 min read · 12 January 2018
Boston-based Fritz, a provider of an edge computing platform for mobile developers to manage machine learning models, announced it has raised $2 million in seed-stage funding. Eniac Ventures led the round, with participation from Uncork Capital and Hack VC, among others.
1 min read · 11 January 2018
2 min read · 10 January 2018
1 min read · 10 January 2018
