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.
Online education company Lynda.com grabs $186M, eyes acquisitions
In the world of online education, Lynda.com is a senior citizen. The company started 20 years ago with a web design book, hit profitability in 1997, migrated to the web by 2002, and didn’t take any funding until 2013. Today, it’s announcing its second round of funding, a massive $186 million.
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Today, startup Moovit — whose headquarters city of San Francisco boasts the legendary cable cars — has raised $50 million to help people who depend on subways, buses, and trolleys. This round of funding came from BMW, Nokia Growth Partners, Keolis, Bernard Arnault Group, and Vaizra Investments, with participation from existing investors BRM Capital, Gemini Partners, and Sequoia Capital
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Soylent guzzles $20M for its so-called ‘meal replacement’ shakes
Soylent, maker of the icky-tasting meal-replacement paste of the same name, has raised a fresh $20 million in funding today. Soylent is a shake/paste (depending on your definition) that is intended to replace the need for eating healthy meals that actually taste like food. However, many have criticized Soylent on that point, instead calling it a meal supplement rather than a replacement.
Vidyard’s CEO had to talk biz on his wedding day to get this $18M
Vidyard, an Ontario-based video platform, plans to use the funds to hire new employees, expand research and development, and enhance features through additional enterprise integrations, improved video analytics, and more ways to create content. The company had raised $7.65 million in previous Series A and seed rounds.
Treasure Data grabs $15M
Treasure Data, a company providing prebuilt cloud service for massive-scale collection, storage and analysis of big data sources, announced it has raised $15 million in new funding. Scale Venture Partners led the round, with additional participation from AME Cloud Ventures and existing investors.
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Read more: Press release
Video chat app Rounds grabs $12M from Sequoia & Samsung
Today Rounds, a cross-platform messaging app focused on real-time video chat, announced a $12 million raise from Sequoia Capital, Samsung Ventures, Verizon Ventures, and others.
Milk 2.0? Kevin Rose raises $5M for his app lab North Technologies, steps away from Google Ventures
Kevin Rose is stepping away from being a Google Ventures partner to focus on his app studio North Technologies, and for good reason: He’s raised new funding. Rose, a seasoned entrepreneur-turned-investor, announced North back in August. North is essentially a mobile app development lab that will focus on building two to three new products at a time. And today, Rose is announcing that North has picked up $5 million in funding.
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My Digital Shield grabs $300K
My Digital Shield, a company providing enterprise-level security technology to small businesses, announced it has raised $300,000 in new funding. Litera Investments led the round, along with other investors.
This list will be updated with breaking funding news all day. Check back for more.
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