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VMware announced today that it intends to buy early-stage Kubernetes security startup Octarine and fold it into Carbon Black, a security company it bought last year for $2.1 billion. The company did not reveal the price of today’s acquisition. According to a blog post announcing the deal, from Patrick Morley, general manager and senior vice …
May 13, 2020 | by RaheelFeaturePeek’s founders graduated from Y Combinator in Summer 2019, which for an early-stage startup must seem like a million years ago right now. Despite the current conditions though, the company announced a $1.8 million seed investment today. The round was led by Matrix Partners with some unnamed angel investors also participating. The startup has built …
May 13, 2020 | by RaheelLeoLabs has been building out its global network of space-scanning radars for the last couple years, leading up to today’s launch of its Collision Avoidance system, essentially satellite-monitoring-as-a-service. It should prove an indispensable asset to startups that don’t happen to have their own state of the art radar setup. Space is full of junk, and …
May 13, 2020 | by RaheelHello and welcome back to our regular morning look at private companies, public markets and the gray space in between. When we kicked off our series on private companies that have reached $100 million ARR, we didn’t expect it to last. Maybe a piece or two, but nothing more. Today’s entry should bring us past …
May 13, 2020 | by RaheelAs we move through life in the pandemic, companies are being forced to review and understand how workflows happen. How do you distribute laptops to your workforce? How do you make sure everyone has the correct tool set? FortressIQ, a startup that wants to help companies use data to understand and improve internal processes, announced …
May 13, 2020 | by RaheelEven in these trying economic times, there are some services that companies can’t do without. Having good security tools is one of them. Expel, a four-year-old startup that offers security operations as a service, announced a $50 million Series D financing today. CapitalG led the round with participation from existing investors Battery Ventures, Greycroft, Index …
May 13, 2020 | by RaheelAs millions of students and teachers shift to learn from home in response to the novel coronavirus disease, modern-day flashcard business Quizlet has raised $30 million in a Series C round led by General Atlantic. Quizlet’s chief executive officer Matthew Glotzbach said that the new funding values the business at $1 billion, up five times …
May 13, 2020 | by RaheelLondon-based femtech hardware startup Astinno has picked up an Innovate UK grant worth £360k ($450k) to fund further testing of a wearable it’s developing for women experiencing a perimenopause symptom known as hot flushes. The sensor-packed device, which it’s calling Grace, is being designed to detect the onset of a hot flush and apply cooling …
May 13, 2020 | by RaheelM17, the Taiwan-based live streaming entertainment startup, announced that it has raised a $26.5 million Series D. The round was led by Vertex Growth Fund, with participation from Stonebridge Korea Unicorn Venture Fund, Innoven Capital Singapore, Kaga Electronics and ASE Global Group. The new funding will be used for growth in Japan, one of M17’s …
May 13, 2020 | by RaheelModulr, the U.K. fintech that offers ‘Payments as a Service’ as an alternative to commercial and wholesale transaction banking, has secured £18.9 million in growth funding. Leading the round is Highland Europe, with participation from existing investors including Frog Capital. Modulr says the injection of capital will be used to further develop the payments platform …
May 13, 2020 | by Raheel