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.
Planet Labs grabs $95M
Planet Labs, a space satellites company, announced it has raised $95 million in new funding. Data Collective led the $70 million equity financing round, with Western Technology Investment providing $25 million in debt financing.
Read more: Press release
Coinbase raises $75M to make Bitcoin (more) mainstream
Coinbase, the least obscure Bitcoin wallet on the web, today announced a hefty $75 million raise led by DFJ Growth. This is the largest round ever raised by a Bitcoin startup, the company tells us.
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Porch.com grabs $66M to be your go-to for home improvement
Porch.com, the Seattle-based company that helps homeowners plan their home improvement projects, is on a fundraising spree.
After revealing in September that it had raised $27.6 million in funding a year earlier, the company is announcing today that it recently closed over $66 million in new funding.
Avalara raises $42M
Avalara, a company providing tax compliance tools for businesses, announced it has raised $42 million in new funding. Technology Crossover Ventures led the round, with additional participation from existing investors including an affiliate of Warburg Pincus.
Read more: Press release
With this $40M, Q&A startup Stack Exchange could become a dev-hiring powerhouse
Software extraordinaire Joel Spolsky figured out some years ago that if you want your startup to get big really fast, venture capital can help. And Spolsky, the chief executive of Stack Exchange, the company that runs question-answering websites like the popular programmer hangout Stack Overflow, is completely convinced that Stack Overflow could become the premiere place on the Internet for finding and hiring the best developers around.
Which is why Stack Exchange is back at it, taking on funding. Today’s news is a $40 million round for the startup, and for the most part it’s earmarked for the careers section of Stack Overflow.
Ravello raises $28M
Ravello, a company providing virtualization and public cloud software, announced it has raised $28 million in new funding. Qualcomm Ventures and SanDisk Ventures led the round, with Sequoia Capital, Bessemer Venture Partners, Norwest Venture Partners and Vintage Investment Partners also participating.
Read more: Press release
AppsFlyer lands $20M to help developers wrangle their mobile apps
Mobile apps are hot, as is measuring app installs and app ad campaigns. One indication of the heat is the announcement today that mobile-app marketing platform AppsFlyer has scored $20 million in new investment.
This Series B round was led by Fidelity Growth Partners Europe, with participation by existing investors Magma Venture and Pitango Venture Capital. The Israel-based company had previously raised $8 million.
Sparkcentral nabs $12M so brands can handle customers via tweets and posts
Sparkcentral specializes in providing software for managing socially based customer support at scale. Today, the company is announcing it has scored $12 million to help brands keep up with social.
Shapr raises $3M to connect you with your professional network’s ‘friends of friends’
Shapr, an iOS and Android app officially launching today, is tapping into people’s existing professional networks to help them make new connections. The company is also announcing $3 million in new funding.
Distelli lands $2.8M
Distelli, a company helping software developers with code deployment and server management, announced it has raised $2.8 million in new funding. Andreessen Horowitz led the round, and general partner Scott Weiss will join Distelli’s board of directors as part of the deal.
Read more: Press release
Alchemist accelerator raises $2.1M
Alchemist, an accelerator program focused exclusively on enterprise-centered startups, announced it has raised $2.1 million in new funding. Mayfield Fund led the round with participation from Tyco and existing investor Cisco. The funding will keep the program going through the first quarter of 2018, Alchemist said.
Farm Hill grabs $1M
Farm Hill, a startup delivering healthy meals, announced it has raised $1 million in seed funding. Eagle Cliff Partners led the round, with additional participation from Liberty City Ventures, and Stanford StartX Fund.
This list will be updated with breaking funding news all day. Check back for more.
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