Funding

BetterCloud Closes $60 Million Funding

NEW YORK — BetterCloud, a developer of Software-as-a-Service (Saas) operations management platform, has closed a $60 million Series E financing round led by new investor Bain Capital Ventures. Also participating are existing investors Accel, Greycroft Partners (through Greycroft Growth), Flybridge Capital Partners, Tribeca Venture Partners, and New Amsterdam Growth Capital. This new round brings BetterCloud’s […]

Funding

UBS Commits $2 Million to Rent the Runway Foundation

NEW YORK — Investment bank UBS has made a two-year, $2 million grant to the Rent the Runway Foundation for continued expansion of Project Entrepreneur. The additional funding will help build on the program’s early success and brings the firm’s total commitment to $5 million, with the objective of leveling the playing field for female […]

Funding News

Glossier Secures $52 Million Funding

NEW YORK — Beauty company Glossier Inc., has raised a $52 million Series C funding round, bringing its total funding to date at $86 million. This new round was led by existing investors IVP and Index Ventures. Glossier is best known for its proprietary portfolio of top-rated products across the skincare, makeup, body, and fragrance […]