Array Ventures related stories
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Array Ventures collects $56.1m for fund: TechCrunchArray Ventures has raised $56.1 million for its new fund, reported TechCrunch.
Mercury leads funding of cybersecurity start-up BlumiraBlumira raises $10.3m Series A round.
- Array Ventures seeks $55m
The San Francisco firm, led by Shruti Gandhi, seeks $55m for its third venture fund.
Xwing scores $40mXwing, a provider of autonomy for aviation, has raised $40 million in funding.
- Blumira nabs $2.6m
Ann Arbor, Michigan-based Blumira, an emerging cybersecurity startup, has raised $2.6 million in funding.
Friday Letter: Five things emerging managers should do nowRejection can be tough to swallow, but a recent webinar from Signature Bank’s Venture Banking Group and others highlights what LPs and GPs say are the helpful steps when raising a first-time VC fund.
Rad AI raises $4 mlnRad AI said Nov. 25 that it raised $4 million in a seed round led by Gradient Ventures, Google’s AI-focused venture fund. Investors UP2398, Precursor Ventures, GMO Venture Partners, Array Ventures, Hike Ventures, Fifty Years VC and various angels also participated in this round. Rad AI uses machine learning to automate repetitive tasks for radiologists.
- Rad AI picks up $4 mln seed
Berkeley, California-based Rad AI, a radiology startup, raises $4 million in seed funding.
- ZecOps grabs $3.5 mln seed
San Francisco-based ZecOps Inc, a stealth-mode cyber security startup, has secured $3.5 million in seed funding. KPN Ventures led the round with participation from other investors that included Evolution Equity Partners, Plug and Play Silicon Valley, WISE Ventures and Array Ventures.
- Eniac leads $4 mln seed funding of autonomous aviation startup Xwing
San Francisco-based Xwing, an autonomous aviation company, announced it has raised $4 million in seed-stage funding. Eniac Ventures led the round, which included Array Ventures and angels and aviation buffs, including John and Patrick Collison, founders of Stripe, as well as the tech executive Nat Friedman, currently with Xamarin. Xwing was founded in 2016 by Marc Piette.