US

Home insurance startup Kin Insurance picks up $13 mln

Chicago and Miami-based home insurance startup Kin Insurance has raised $13 million in funding. The company's investors include August Capital. In conjunction with the funding, Caribou Honig, chairman and co-founder of the InsureTech Connect conference and a founding partner of QED Investors, has been added to Kin Insurance's board.

Wonder Ventures gathers $14.9 mln for sophomore fund

Santa Monica, California-based venture firm Wonder Ventures has raised $14.9 million for its second fund, according to an SEC filing. The target is $16 million.

AI company Eigen Technologies nabs $17.5 mln Series A

London and New York City-based Eigen Technologies, an artificial intelligence company for finance, law and professional services, has closed $17.5 million in Series A funding. The lead investors were Goldman Sachs Principal Strategic Investments and Temasek.

Language learning platform Memrise inks $15.5 mln Series B

London-based Memrise, a language learning platform, has raised $15.5 million in Series B funding. Octopus Ventures and Korelya Capital led the round with participation from Avalon Ventures and Balderton Capital.

Splunk to buy VC-backed VictorOps for about $120 mln

Splunk Inc has agreed to acquire Boulder, Colorado-based VictorOps, a real-time incident management platform, for about $120 million. The deal is expected to close during Splunk's fiscal second quarter. VictorOps is backed by Shea Ventures, Foundry Group and Costanoa Ventures.

Byton racks up $500 mln Series B

Byton, a China-based developer of intelligent electric vehicles, has raised $500 million in Series B funding. The investors included FAW Group, Tus-Holdings and CATL.

VC-backed Duo Security taps Welch as president and COO

Ann Arbor, Michigan-based Duo Security, a cybersecurity company, has named William Welch as president and chief operating officer. Welch's work background includes senior leadership roles at Zscaler, HP, Symantec and Oracle. Duo Security is backed by Meritech Capital Partners, Lead Edge Capital, Geodesic Capital, Index Ventures, Redpoint Ventures and True Ventures.

Firstminute Capital rakes in $100 mln for seed fund

Firstminute Capital has raised $100 million for its seed fund, according to an announcement on its website. London-based Firstminute invests in European early-stage tech companies.

Caresyntax snags $31.9 mln

Boston and Berlin-based Caresyntax, a surgical data, analytics and automation company, has secured $31.9 million in funding. The investors were Norgine Ventures and Surgical.AI.

Cohesity takes in $250 mln Series D

San Jose, California-based Cohesity, a provider of hyperconverged secondary storage, has raised $250 million in Series D funding round. SoftBank Vision Fund led the round with participation from other investors that included Cisco Investments, Hewlett Packard Enterprise, Morgan Stanley Expansion Capital and Sequoia Capital.