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 grocery delivery startup Instacart raises $220M from KPC&B
San Francisco-based Instacart today announced a $220 raise led by Kleiner Perkins Caufield & Byers. This news arrives with little to no surprise, as the company already confirmed the $220 million round in a December regulatory filing. Now we have the full investor list, which includes: “Comcast Ventures, Dragoneer Investment Group, Thrive Capital, Valiant Capital and previous investors Andreessen Horowitz, Khosla Ventures and Sequoia.”
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1641275,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"A"}']In a statement, Instacart says it “plans to apply the funds primarily toward category expansion” (interesting!)
Read more: Press release
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App Annie raises $55M led by Institutional Venture Partners (IVP)
Today app analytics company App Annie announced a $55 million raise on top of a major product launch. In total, the company has raised at least $94 million.
Ionic Security raises $40M for the launch of its secret security platform
Ionic Security just landed $40.1 million in new funding for a document-encryption platform it has built, but details on exactly how that platform works are still sketchy. Meritech Capital — a firm that has invested in the likes of Box, Facebook, and Salesforce — led the funding.
Teads raises $30M
Teads, a company providing video advertising that appears in publishers’ content instead of videos, announced it has raised $30 million in new funding, half equity funding and half as a line of credit. The capital came from existing investors Gimv, Partech and Elaia, and BPI, and Bank of China, HSBC, BNPP, and BPI provided the additional credit.
Read more: Press release
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Video network Whistle Sports grabs $28M from Peyton Manning, others
Web video content network Whistle Sports has closed a fresh $28 million round of funding, the startup announced today.
The new round of funding was led by Emil Capital Partners, with participation from Sky Broadcasting, Liberty Global, and previous investors, such as former New York Yankee Derek Jeter and Denver Bronco Peyton Manning.
Basho takes $25M to hustle harder in the NoSQL database wars
Basho Technologies might not be the best known database company out there. But the company has been picking up bigger deals, and the momentum ought to continue thanks to a $25 million funding round the startup is announcing today. “I think we have a good foundation to spring forward and jump ahead and become the No. 1 leader in this space in the not-short term race,” Adam Wray, Basho’s chief executive, told VentureBeat in an interview.
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PeerTransfer raises $22M to help international students pay their bills
Boston-based peerTransfer is making it easier for international students attending college outside their home country, and it just raised $22 million to expand its money-related student services.
Bain Capital Ventures led the round. Spark Capital, Devonshire Investors, Accel Partners, and QED Investors contributed to the round. Since its founding in 2009, peerTransfer has raised a total of $43.2 million.
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True Fit grabs $15M
True Fit, a provider of software that helps shoppers find apparel and shoe styles that fit and flatter them, announced it has raised $15 million in new funding. Signal Peak Ventures, Promus Ventures, and Jump Capital led the round, with additional participation from existing investors Guggenheim Partners, Breakaway Ventures, and Novel TMT.
Read more: Press release
Qstream nabs $4M for snackable learning for sales reps
A Harvard Medical School spinoff has just added $4 million in Series A funding to continue applying the snackable concept to learning.
The $4 million in today’s announcement completes the second tranche of a Series A round that began with the closing of $2.85 million in September of 2013. The company, which started in 2008 and launched its platform in 2011, previously raised a seed round of about $1.5 million. The most recent funding came from Excel Venture Management, with participation by existing backers Frontline Ventures and Launchpad Venture Group.
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Argo nabs $1.5M to help any employee tap into company data
Data science has increasingly been helping companies make business decisions, though most tools are still only useable by the highly technical “data scientists” some are fortunate enough to employ.
But Argo — formerly called Arktos — a stealthy startup that attracted Accel Partners’ Ping Li’s attention before it even had a product, wants to take down that technical barrier. And today, Argo is announcing it has raised just over $1.5 million in funding from Accel Partners and others.
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This list will be updated with breaking funding news all day. Check back for more.
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