Correlation Ventures related stories
All articles and analysis
- Citi Ventures invests in BlueVine
Citi Ventures has invested in BlueVine. Financial terms weren’t announced. The deal represents a follow-on investment to BlueVine’s $40 million Series C financing in January 2016. Palo Alto, California-based BlueVine provides financing solutions to small businesses.
Brand-name firms dominate regulatory filings in busy quarterU.S.-based firms have already raised $10 billion quarter-to-date, as many brand-name firms join the fundraising trail
- Analytics-driven Correlation raises more than $160 mln
San Diego-based Correlation Ventures, which uses analytics and other computer modeling technologies to determine investment strategies, has raised a combined $161.52 million, according to a pair of regulatory filings.
- Deem buys VC-backed Whisk
Deem, a technology provider for ground transportation operators, acquired Whisk, a New York-based car service app and developer of software for ground transportation operators. Whisk backers include Correlation Ventures, ff Venture Capital and others.
- Enso Ventures backs Galera Therapeutics
Malvern, Pennsylvania-based Galera Therapeutics, a developer of new treatments for cancer patients, has secured $5 million in funding from Enso Ventures. This capital infusion brings Galera's Series B funding total to $42 million. Galera's other investors are New Enterprise Associates, Novartis Venture Fund, Novo Ventures, Correlation Ventures and Galera Angels.
- Scale Venture leads $20 mln Series B for Lever
Scale Venture Partners led a $20 million Series B funding round in Lever, a San Francisco-based provider of recruitment software to companies including Netflix, Yelp and Lyft. Other investors in the funding round included Correlation Ventures and a syndicate led by Naval Ravikant, chief executive officer and co-founder of AngelList. Existing investors Matrix Partners and Index Ventures also participated.
- Unitive grabs $430K
Unitive Inc, a developer of software designed to "counter unconscious bias in corporations," has raised $430,000 in Series A funding. The investor base was from Plum Alley Investments, a private member investment platform.
- Splice Machine fetches $9 mln
Splice Machine, a provider of the first RDBMS powered by Hadoop and Spark, has secured $9 million in funding. The investors included Correlation Ventures, Interwest Partners and Mohr Davidow Ventures.
- Menlo Ventures leads Series C round for BlueVine
BlueVine, which provides working capital financing to small businesses, has raised $40 million in Series C funding. Menlo Ventures led the round with participation from other investors that included investor Rakuten FinTech Fund, Lightspeed Venture Partners, 83North and Correlation Ventures. In conjunction with the funding, Tyler Sosin has been added to BlueVine’s board of directors while Oskar Miel will become a board observer and strategic advisor.
- Sundar snaps up $1.3 mln seed
Sundar, a global sourcing platform for sourcing materials for the apparel industry, has secured $1.3 million in seed funding. New Enterprise Associates led the round with participation from other investors that included Techstars Ventures and Correlation Ventures.