Funding

Comet Raises $13 Million in Series A Funding

NEW YORK — Comet, a developer of Machine Learning Operations (MLOps) solutions, has raised $13 million in Series A funding led by Scale Venture Partners and existing investors including Trilogy Equity Partners and Two Sigma Ventures. Comet provides a self-hosted and cloud-based MLOps solution that enables data scientists and teams to track, compare, explain and […]

Funding

Ecovative Lands $60 Million Funding

GREEN ISLAND, NY — Ecovative, an Upstate NY company using mycelium technology to create sustainable packaging, has landed a $60 million Series D round to grow mycelium materials better and faster, in key markets, at industrial scale. Mycelium is a fungus that is the root structure of mushrooms. Founded in 2007, Ecovative has mastered the science of […]

Funding

Rightway Valued at $1.1 Billion With $100 Million Investment

NEW YORK — Rightway, a healthcare technology company looking to revolutionize care navigation and pharmacy benefits, has raised $100 million in Series C financing and giving the company a valuation of $1.1 billion. The round was led by Khosla Ventures, with participation from Thrive Capital, Tiger Global Management, and other existing investors. Rightway says it […]

Funding

Vista Equity Takes Majority Stake in TripleLift

NEW YORK — TripleLift, one of the largest advertising technology platforms in the world, has agreed to receive a majority investment from private equity firm Vista Equity Partners. The amount of the investment wasn’t revealed. Vista is a global investment firm focused on enterprise software, data and technology-enabled businesses, and plans to help TripleLift accelerate global […]

Funding

Fridge No More Closes $15.4 Million Series A Round

BROOKLYN — Fridge No More, an instant grocery delivery service that promises deliveries in 15 minutes or less, has closed a $15.4 million Series A funding round. This will help the “cloud grocer” to expand operations across New York City and the East Coast. Fridge No More plans to grow their engineering and operations teams while […]

Funding

ActionIQ Extends Series C Round to $100 Million

NEW YORK — ActionIQ, developer of an Enterprise Customer Data Platform (CDP), says it has extended its Series C financing, bringing the total capital raised in the round to $100 million. The company reports 100% growth in revenue over the past year. ActionIQ has nabbed a roster of prominent business clients, including The Hartford, Albertsons, JCPenney, and […]

Funding

Squarespace Valued at $10 Billion With $400 Million Investment

NEW YORK — Squarespace, which operates an all-in-one website building and ecommerce platform, has raised a new $300 million investment round which gives the company a valuation of $10 billion. The round includes new investors Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, […]

Funding

TytoCare Adds $50 Million in Series D Funding

NEW YORK — TytoCare, the healthcare industry’s first all-in-one modular device and telehealth platform for AI-powered, on-demand remote medical examinations, says it has raised $50 million in a significantly oversubscribed Series D extension round, doubling the company’s valuation. This funding comes on the heels of TytoCare raising $50 million in April 2020, making for $100 million raised over the last 10 […]

Funding

Happify Health Secures $73 Million Series D

NEW YORK — It’s a happy day for Happify Health, which operates a global  healthcare platform to improve mental and physical health. The NY-based company announced a $73 million Series D funding round to expand its healthcare platform. The investments were led by Deerfield Management Company and included participation from Omega Capital Partners, ION Crossover […]

Funding

Axonius Reels In $100 Million Investment

NEW YORK — Axonius, a cybersecurity asset management company, has raised $100 million in Series D funding, led by NY-investment firm Stripes, as well as participation from existing investors Bessemer Venture Partners (BVP), OpenView, Lightspeed, and Vertex. Ken Fox, founder and partner at Stripes, will join the Axonius board of directors. This latest round follows […]