Funding Daily: Today’s tech funding news, in one place

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.

Tandem raises $100M fund

Tandem, a mobile-focused accelerator, announced it has closed its third fund, a massive $100 million. It will use the funds not only for its usual initial investment into portfolio companies, but also for follow-on investment as they grow.

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Read more: Tandem blog

ClassPass nabs $40M

ClassPass, a subscription-based service for fitness classes, announced it has raised $40 million in new funding. General Catalyst and Thrive Capital led the round, which brings the company’s total funding to $55 million.

Read more: Press release

Neo Technology loves graph databases. Investors give the startup $20M more

Neo Technology, a startup with a commercial distribution of the Neo4j open-source graph database for storing and serving up information for applications, has brought on $20 million in new venture funding. Graph databases are one flavor of non-relational database technology, which generally differs from the relational technology in place at big companies for decades. NoSQL databases have gotten plenty of venture backing lately. But unlike, say, key value stores or document databases, graph databases depict the relationships connecting various entities. For instance, a social network has good reason to determine how two people are related and which friends they have in common. Indeed, Facebook employs a graph database called Apache Giraph.

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Drones navigate best by seeing, stealth software startup says

There’s no need for drones flown by inexperienced pilots to crash into trees or buildings. Not, says Silicon Valley’s Skydio, if they’re using the startup’s new camera-vision-based navigation software. Today, Menlo Park, Calif.-based Skydio, a company led by MIT graduates and alumni of Google X, came out of stealth mode, announcing $3 million in seed funding from Andreessen Horowitz and Accel Partners. It also unveiled its navigation platform, which it says allows drones to autonomously navigate their way around obstacles.

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Sense360 takes in $2.75 million to help app developers make use of phone sensors

Yesterday marked the four-year anniversary of the founding of Eli Portnoy’s last company, Thinknear, a location-based advertising tech company that was sold to Telenav for $22.5 million in 2012. Today Portnoy and cofounder Kamil Mroczek are announcing the first round of funding for their new venture, called Sense360. The new company is all about sensors. Smartphone sensors. Sense360 intends to help app developers interact more fully with their users by leveraging information gathered by the sensors in users’ phones.

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PlaySpace secures around $1M in latest funding round

Scandinavia doesn’t have a monopoly on European gaming. Spain is a growing part of the continent’s industry. Developer PlaySpace, which specializes in social and casual games, has closed a funding round worth $1 million. The José Manuel Entrecanales Foundation led the round with participation from previous investorFaraday Venture Partners. This brings PlaySpace’s total investment to $3 million.

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This list will be updated with breaking funding news all day. Check back for more.

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