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.
Rent the Runway raises $60M
Rent the Runway, a company that lets women rent out luxury fashions for a small fee, announced it has raised $60 million in new funding. Technology Crossover Ventures (TCV) led the round, with additional participation from Bain Capital Ventures, Highland Capital Partners, and Advance Publications, Inc. TCV general partner Daniel O’Keefe is joining the board as part of the deal.
Read more: Press release
Nice, aiming to be the Instagram of China, raises $36M
Tiger Global Fund-backed Nice, a photo sharing network gunning to fill the void left when China banned Instagram, has raised $36 million in funding. To date, Nice has publicly raised $64 million.
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.
Read more: Tech in Asia
Personal finance app MoneyStream secures $3.2M
Los Gatos, California-based MoneyStream, maker of a personal finance and bill management app for iOS and Android, today announced its has secured at least $3.23 million in a public filing with the SEC.
Read more: SEC
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