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.
Y Combinator startups have raised $7B with a $65B total valuation; 8 are $1B unicorns
Y Combinator (YC), the Silicon Valley-based startup accelerator and seed fund, has answered a question it says it gets asked a lot: What is the fundraising and valuation status of all startups that have come through its doors?
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1791838,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"B"}']Launched in 2005 by Paul Graham, Trevor Blackwell, Jessica Livingston, and Robert Morris, YC initially ran two programs — one in California, and one in Massachusetts. The latter of these closed in 2009.
Over the past 10 years, YC has funded and helped kickstart 940 startups, including Airbnb, Dropbox, Reddit, Instacart, and Coinbase. Though many startups enter YC for the mentoring, the accelerator also invests $120,000 for 7 percent equity in the companies.
AI Weekly
The must-read newsletter for AI and Big Data industry written by Khari Johnson, Kyle Wiggers, and Seth Colaner.
Included with VentureBeat Insider and VentureBeat VIP memberships.
Cloud streaming startup Velostrata comes out of stealth with $14M
Startup Velostrata is today announcing a $14 million funding round. And after operating in stealth mode for more than a year, the startup is now ready to show off what it’s built: a tool companies can use to keep data stored in their on-premises data centers, while doing the processing work externally in public clouds.
Velostrata started last year and has offices in San Jose, California and Tel Aviv. Around 25 people work for the startup, and the headcount should reach 40 in a year, Ben-Shaul said.
Norwest Venture Partners and Greylock IL Partners led the funding round.
Tommy Palm’s Resolution Games raises $6M for virtual reality fishing — and more
A virtual reality fishing app has helped Resolution Games get funding. The VR game studio started by Tommy Palm of Candy Crush Saga fame has raised $6 million in funding.
[aditude-amp id="medium1" targeting='{"env":"staging","page_type":"article","post_id":1791838,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"B"}']
Google Ventures led the investment round in Stockholm, Sweden-based Resolution Games. It’s one more sign that virtual reality has hot prospects as the next big platform for gaming.
Klaviyo raises $1.5M to help e-commerce marketers send better emails
Klaviyo, an intelligent platform for email, is settings its sights to change that — which requires rethinking the space entirely, bringing complex data integrations into one-click switches for marketers, not engineers, to setup and use.
Today, the vendor is announcing a $1.5M funding round from Accomplice and select angels, including David Cancel (Chief Product Officer at Hubspot), Elias Torres (founded marketing automation platform, Performable, acquired by Hubspot) and TJ Mahoney. Klaviyo will use the funding to build on an already impressive list of 3rd party one-click data data integrations and expand sales and marketing efforts.
[aditude-amp id="medium2" targeting='{"env":"staging","page_type":"article","post_id":1791838,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"B"}']
ChartMogul raises $900K from Point Nine Capital and others for its analytics platform
Analytics platform ChartMogul has just completed a new seed round of funding, adding $900,000 to its coffers. Point Nine Capital led the round, which the company will use to accelerate its product development, including providing analytics for PayPal. ChartMogul declined to discuss its valuation.
Other investors in the round include RTAventures VC, Zendesk cofounder and chief product officer Alexander Aghassipour, angel investors Michael Hansen, Tom James, and Gengo chief executive Matthew Romaine.
[aditude-amp id="medium3" targeting='{"env":"staging","page_type":"article","post_id":1791838,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"B"}']
This list will be updated with breaking funding news all day. Check back for more.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More