Fundings

Fundings

Cradlepoint closes $89M Series C round

Cradlepoint, a company that provides 4G LTE enterprise network solutions,  including SD-WAN and cloud services, has closed $89 million in Series C funding. The round was led by TCV. Cradlepoint says it will use these funds to expand product initiatives in...

Caicloud closes $6M Series A funding

Caicloud, a Chinese startup that provides Kubernetes-based cluster management service and enterprise deep learning solutions, has raised a $6 million Series A funding led by Matrix Partners China with follow-on investments by Cybernaut. This comes after a previous angel...

Nimble raises $9M Series A round

Social sales and CRM marketing company Nimble has raised $9 million in a Series A round of financing, led by Imagen Capital Partners. Additional investors include Mark Cuban's Radical Investments, Google Ventures, Indicator Ventures and angels including Jason Calacanis,...

VeloCloud raises $35M

VeloCloud Networks, a company that provides software-defined wide area networking (SD-WAN) solutions to enterprises, has closed a $35 million Series D round of funding, led by Hermes Growth Partners. Round participants included new investors Telstra Ventures and Khazanah Nasional...

Raken raises $2M

Raken, a company that provides a reporting, compliance and project visibility SaaS application for the construction industry, has received $2 million through a capital investment led by Rincon Venture Partners. Eniac Ventures and Spider Capital also participated in the financing. Founded in...

Celect raises $10M

Celect, a Boston-based company that offers a cloud-based predictive analytics SaaS platform for retailers, has closed $10 million in Series B funding. The investment was led by Activant Capital, with participation from Fung Capital and August Capital. Celect is founded by MIT professors...

Banyan Technology raises $ 7 million

Banyan Technology, a company that provides live carrier and API connectivity for transportation management, has raised $7 million. Funding included a combination of equity, venture debt, and commercial financing from JumpStart and River SaaS Capital, said the company in a statement.

Lumavate raises $2M

Lumavate, a company that provides mobile solutions for manufacturers, has raised $2 million in capital. The investment was led by Don Brown. Other participants in the financing round include Elevate Ventures and Allos Ventures, along with 4G Ventures and Collina Ventures.

Software testing company Tricentis raises $165M

Tricentis, an automated software testing company headquartered in Vienna, Austria, has raised $165 million in a Series B financing round from Insight Venture Partners. As part of the transaction, the venture firm's managing director Mike Triplett will join Tricentis' board. Tricentis says...

Spaces raises $6.5M

Mixed reality company Spaces has raised $6.5 million in funding. The investment was led by China-based Songcheng Performances Development Co. , with additional investment from Comcast Ventures and other venture capitalists. Former DreamWorks Animation CFO Fazal Merchant, Comcast Ventures’ managing director Michael...

Cogito raises $15M

DARPA-funded artificial intelligence company Cogito has raised a $15 million Series B round. The investment was led by OpenView, with participation from existing investors Romulus Capital and Salesforce Ventures. Scott Maxwell, founder and managing partner of OpenView, has joined the company’s board. Cogito says...

Zarget raises $6M Series A round

SaaS-based web optimization and marketing platform Zarget, has raised a $6 million Series A round of funding. The investment was led by Sequoia India, with participation from current investors Accel and Matrix Partners. Zarget says it plans to use the funds to scale...

Verdigris raises $6.7M

Artificial intelligence company Verdigris has raised $6.7 million, in a Series A extension round. The investment was led by Jabil, with Verizon Ventures also participating. Other investors in this round include Stanford StartX Fund and existing angels. In addition to investing, Jabil plans...

Workspot raises $6.2M Series B round

Cupertino-based virtual desktop infrastructure (VDI) company Workspot has closed $6.2 million in series B funding. The investment was led by Presidio Ventures, with additional funding from FollowSeed, Helion, Translink, and WTI.

Chorus.ai raises $6.3 million

Chorus, a San Francisco and Tel-Aviv-based startup that says it uses artificial intelligence and natural language processing to helps sales teams learn what to say to route them more quickly to a closed deal, has raised $6.3 million in its first...