San Francisco-based TravelBank, provider of a travel expense and rewards app for business, announced it has raised $25 million in a Series B round of funding. DCM Ventures led the round of funding with participation from Propel Venture Partners, DanHua Capital, New Enterprise Associates, Accel Partners and Silicon Valley Bank. The company has now raised $35 million since it was founded in 2016. DCM co-founder General Partner David Chao has joined the board.
1 min read · 30 August 2017
Santa Monica, California-based Domuso, provider of a financial platform for renters, announced it has raised $3.1 million in funding. The company said investors include owner/operators of rental properties, such as real estate magnate David Kim, founder of Bascom Group. The company has now raised $5.8 million in total funding since it was founded in 2014.
1 min read · 30 August 2017
Santa Fe, New Mexico-based Descartes Labs, a provider of satellite imagery based on machine learning applications, announced it has raised $30 million in a Series B round of funding led by March Capital. Existing investors Crosslink Capital and Cultivian Sandbox also participated in the round. Other investors included Descartes Labs customer Cargill. The company, spun out of Los Alamos National Laboratory in 2015, previously raised $8 million in early-stage funding.
1 min read · 24 August 2017
2 min read · 24 August 2017
4 min read · 23 August 2017
Palo Alto, California-based Forward Networks, which provides a platform to manage network operations, announced it has raised $16 million in a Series B round of funding. DFJ led the round, which included existing investors Andreessen Horowitz and A.Capital Ventures. The company was co-founded in 2013 by Chief Executive David Erickson, a software-defined networking, and has now raised more than $27 million in total funding. As part of the latest round, DFJ Partner Andreas Stavropoulos has joined the board.
1 min read · 23 August 2017
Mountain View, California-based Redis Labs, home of open source Redis and Redis Enterprise and provider of an in-memory database that powers apps and services, announced today it has raised $44 million in Series D funding led by new investor Goldman Sachs Private Capital Investing. Also participating in the new round are existing investors Bain Capital Ventures and Carmel Ventures, along with Dell Technologies Capital. The company, founded in 2011, has now raised $86 million in total funding to date.
1 min read · 21 August 2017
San Francisco-based LiftIgniter, provider of a machine intelligence-powered personalization tool, announced it has raised a $6.4 million Series A round of funding led by Storm Ventures. Other investors include Rincon Venture Partners, Revel Partners, NTT DOCOMO Ventures Inc as well as angel investors Tom Chavez, chief executive and co-founder of Krux, and Bruce Falck, general manager of Revenue Product at Twitter. The company has now raised $8.25 million in total funding. LiftIgniter develops personalization API technology that allows e-commerce sites, publishers and content aggregators to personalize the content its users see on their websites and mobile apps.
1 min read · 18 August 2017
5 min read · 16 August 2017
San Francisco-based Phil, a provider of a monthly prescription refill and delivery service, announced it has raised $10 million in a funding round led by Crosslink Capital. Other investors include Eniac Ventures, Softtech VC, Forerunner Ventures, SV Angel, Silicon Valley Bank and Transmedia Capital.
1 min read · 16 August 2017
