North America

Samsara inks $100 mln

San Francisco-based Samsara, an enterprise sensor startup, has raised $100 million in funding, according to a blog post on its site. The investors were Andreessen Horowitz and General Catalyst.

SpringTide gathers $4.1 mln for debut venture fund

SpringTide has raised $4.1 million for its inaugural venture fund, according to an SEC filing. The firm invests in healthcare companies.

Converge collects $14.5 mln for maiden fund

Converge has raised $14.5 million for its debut fund, according to an SEC filing. The target is $100 million. Based in Cambridge, Massachusetts, Converge is an early-stage B2B tech venture firm.

Biotech startup Iota Biosciences rakes in $15 mln Series A

Berkeley, California-based Iota Biosciences, a biotech startup, has closed $15 million in Series A funding. The company's investors include Horizons Ventures, Astellas, Bold Capital Partners, Ironfire and Shanda.

Chinese transportation management platform oTMS lands funding

China-based oTMS, a transportation management platform, has secured an undisclosed amount of C1 financing. The investor was China Merchants Venture Capital Management Co. Ltd.

A playbook for making a critical portfolio-company hire: the CFO

Carta grabs $80 mln Series D

Carta, which helps companies manage their equity, has raised $80 million in Series D funding, according to a blog post on its site. Meritech and Tribe Capital led the round. The capital infusion puts Carta at an $800 million valuation.

Altimeter Capital targets $400 mln for fourth fund

Altimeter Capital is seeking to raise $400 million for its fourth fund, according to an SEC filing. Based in Menlo Park, California and Boston, the firm invests in tech companies.

Pickupp snags funding

Pickupp, a logistics optimization platform in Southeast Asia, has raised an undisclosed amount of funding. Alibaba Hong Kong Entrepreneurs Fund led the round with participation from Spark Ventures and return backer Axis Capital.

Online tutoring platform Yuanfudao racks up $300 mln: TechCrunch

China-based Yuanfudao, an online tutoring platform, has secured $300 million in funding, according to TechCrunch. Tencent led the round with participation from other investors that included Warburg Pincus, Matrix Partners China and IDG Capital. The tech news site reported that the latest capital infusion will put the company at a $3 billion valuation.