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.
Coupang, Korea’s Amazon, raises $300M in new funding
The U.S. has Amazon. China has Alibaba. And Korea’s got Coupang.
Coupang, a very large online retailer in Korea, announced today that it has raised $300 million in new funding to continue expanding its operations. That plan calls for growing its engineering and research and development teams in Silicon Valley, Seattle, and Seoul.
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Medina Capital closes $182M fund
Medina Capital, a Florida-based private equity firm, announced it has closed a $182 million fund. The new fund will focus on information technology-focused investments.
Read more: Press release
Revenue optimization company Optoro raises $50M
Today Optoro, a company which helps retailers boost their revenue, announced a $50 million raise led by Kleiner Perkins Caufield & Byers.
Optoro says it “works with retailers and manufacturers nationwide to manage and sell their excess and returned inventory. Roughly 15 percent of all goods are either returned or become excess,” the company claims.
Read more: Press release
BuildDirect nails $44M to build out its heaven for home improvers
Today, Vancouver-based BuildDirect, whose platform has been serving this market since 2002, announced it has nailed $43.7 million ($50 million Canadian) in new financing to keep matching buyers with materials.
BuildDirect has attracted truckloads of money this year. In January, it scored $23.6 million ($30 million Canadian), and the new funding brings the total raised so far to $96.2 million ($110 million Canadian). The investors in this round include Mohr Davidow Ventures, BMO Capital Markets, and OMERS.
HashiCorp picks up $10M, launches its first commercial DevOps product
Today HashiCorp, the tiny startup behind popular open-source tools like Vagrant, Packer, and Consul, is touting a $10 million funding round. Mayfield Fund led the new round. GGV Capital and True Ventures also participated.
Canvas raises $9M for enterprise mobile app platform
The Reston, Virginia-based company has now raised a new $9 million funding round led by River Cities Capital Funds and current investor Osage Venture Partners. Existing investor Camber Capital (formerly Berman Venture Capital) also threw in.
Tufin raises $8M
Tufin, a company in security and network infrastructure, announced today it has raised $8 million in new funding. The Vintage Fund led the round, with Marker Investment Fund also participating.
Boston-based security startup Threat Stack raises $5M
Cloud security company Threat Stack today announced a $5 million raise led by Atlas Venture and .406 Ventures.
Read more: Press release
Routehappy raises $3.3M
Routehappy, a company whose cloud-based products help airlines manage and distribute their content, products, and marketing, announced it has raised $3.3 million in funding. iNovia Capital led the round, with participation from PAR Capital Ventures, Mike Lazerow, Seth Brody, David Sandberg, and Porter Gale. Existing investors High Peaks Venture Partners, Contour Venture Partners, and Vocap Investment Partners also participated.
Read more: Press release
Virtuix rides virtual reality popularity to $2.7M in additional funding
Virtual reality is hotly anticipated in the wake of Facebook’s $2 billion purchase of Oculus VR. And that has enabled Virtuix to raise another round of $2.7 million for its Omni virtual reality treadmill.
Metric Insights’ $2M funding reflects the feisty nature of the business analytics market
Investors seem to like Metric Insights’ current direction. They’ve gone ahead with a $2.1 million seed round that the startup is announcing today.
First Round Capital led the round in San Francisco-based Metric Insights. Aster Data founder Tasso Argyos, Aerohive founder Changming Liu, and Linden Lab founder Phillip Rosedale also participated.
Musx overhauls its streaming music app, raises $500K
Streaming music service Musx has raised a new $500,000 seed round of funding for growth, the company announced today. Founded in 2014, the Washington D.C.-based startup has raised about $800,000 in total funding to date.
This list will be updated with breaking funding news all day. Check back for more.
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