Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
On-demand delivery startup Postmates now valued at more than $400M after $80M raise
As its competitors flounder, on-demand delivery startup Postmates announced an $80 million raise today led by Tiger Global, bringing the company’s total funding to date near $140 million. Postmates may raise $1.2 million more, the company revealed in a public filing this morning.
This new round values the company at “north of $400 million,” according to sources familiar with the matter.
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Snap-together electronics maker LittleBits raises $44M, hires former MakerBot CEO
Maker of snap-together electronics kits for kids LittleBits has just raised $44.2 million to overhaul its executive team and expand its products into more markets.
LittleBits has hired former MakerBot CEO Jenny Lawton to be the company’s chief strategy officer. Joey Neal, also formerly on the MakerBot payroll, will join LittleBits as vice president of user experience and digital product. The New York-based startup has also brought on a couple of former Lego leads, including Paal Smith-Meyer, who worked on Lego’s Mindstorms, Ideas, and Architecture products, and Christian Thor Larsen, Lego’s former senior marketing director, to focus on LittleBits global marketing strategy.
Matterport raises $30M for virtual reality real estate tours and more
Matterport has raised $30 million in growth funding from Qualcomm and Singapore’s GIC to expand its virtual reality and augmented reality content creation platform.
Matterport has raised $56 million to date, and it now has more than 80 employees. CEO Bill Brown said the company is starting to target other markets for its technology, such as ecommerce, advertising, retail, architecture, travel, construction, insurance, entertainment media, and journalism.
Curbside snags $25M so you don’t have to leave your car when you shop
Same-day pickup startup Curbside announced today it received funds from Sutter Hill Ventures, Index Ventures,and Jerry Yang’s AME Cold Ventures, in its latest $25 million round. Curbside checks on real-time store availability and lets users purchase items on their phones to pick up at a nearby location.
More: Curbside
Automatic parks $24M to connect your car
You might not want a connected home, but the benefits of a connected car are clear.
Automatic Labs, a company that creates adapters to monitor your car, announced today that it raised $24 million in a series B round led by USAA, CDK Global, and Comcast Ventures.
The funding will be used to expand Automatic’s app store. The company says it has raised $32 million to date.
Matrix Partner leads $12M round for PayRange
Vending machine payment startup PayRange raised $12 million to let you pay for your purchase with your phone. The company announced today that the series A round was led by Matrix Partners “to modernize the $45 billion vending industry still stuck in the era of cash and coins.”
More: PayRange
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Yieldify gets $11.5M in round led by Google Ventures and SoftBank Capital
Google Ventures and SoftBank Capital led a $11.5 million series A round for Yieldify, the marketing tech company announced today. Yieldify said its “unique technology reacts to customers’ on-site behavior triggering a personalized campaign to reduce abandonment and increase conversions.”
Yieldify said it will use the funds in global expansion and new hires in its London, New York, Berlin, and Sydney offices.
More: Yieldify
Celect lands $5M to help stores figure out which sweaters you like best
Those sweaters on sale at your favorite department store could be in the process of being optimized by a M.I.T. spinoff.
Boston-based Celect, founded in 2013 by two M.I.T. professors, is today announcing it has scored $5 million to help retailers select and distribute their products in ways that reflect buying patterns.
This series A round, which adds to a previously raised $500,000, was led by August Capital, with participation from Activant Capital Group. The money will be used to grow the team in engineering, sales, marketing, and customer success.
Online events SaaS Brazen raises $4.7M
Brazen, a SaaS messaging platform for companies to set up chat-based online events, announced today that it raised $4.7 million. The funding round was led by Osage Venture Partners, with participation from existing investors Militello Capital and Kegonsa Capital Partners.
Brazen says it has more than 150 customers and has raised more than $10 million to date.
More: Brazen
This list will be updated with breaking funding news all day. Check back for more.
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