Saturday May 15, 2021

Autodesk agrees to buy PlanGrid for $875 million

Autodesk announced plans to acquire PlanGrid for $875 million today. The San Francisco startup helped move blueprints from paper to the iPad when it launched in 2011. This digitization of construction fits with Autodesk’s vision of digitizing design in general, and CEO Andrew Anagnost certainly recognized the transformational potential of the company he was buying. “There […]

Snowflake scoops up another blizzard of cash with $450 million round

When Snowflake, the cloud data warehouse, landed a $263 million investment earlier this year, CEO Bob Muglia speculated that it would be the last money his company would need before an eventual IPO. But just 9 months after that statement, the company announced a second even larger round. This time it’s getting $450 million, as […]

Foursquare picks up $33 million Series F investment

Foursquare has today announced the partial close of a $33 million Series F financing, with $25 million already closed out and another $8 million inbound, according to the blog post. The round was co-led by Simon Ventures and Naver Corp, with participation from Union Square Ventures, an existing investor. Over the past four years, Foursquare […]

Twistlock snares $33 million Series C investment to secure cloud native environments

As the world shifts to a cloud native approach, the way you secure applications as they get deployed is changing too. Twistlock, a company built from the ground up to secure cloud native environments, announced a $33 million Series C round today led by Iconiq Capital. Previous investors YL Ventures, TenEleven, Rally Ventures, Polaris Partners […]

RiskRecon’s security assessment services for third-party vendors raises $25 million

In June of this year, Chinese hackers managed to install software into the networks of a contractor for the U.S. Navy and steal information on a roughly $300 million top-secret submarine program. Two years ago, hackers infiltrated the networks of a vendor servicing the Australian military and made off with files containing a trove of […]

Blissfully grabs $3.5 million seed investment to help companies get their SaaS in gear

Blissfully, a New York City startup that helps companies understand their SaaS usage inside their organizations, announced it has received a $3.5 million seed round. The investment was led by Hummer Winblad Venture Partners. Hubspot, Founder Collective, and several unnamed pre-seed investors also participated. They got a $1.5 million pre-seed investment, bringing the total so […]

Xage secures $12 million Series A for IoT security solution on blockchain

Xage (pronounced Zage), a blockchain security startup based in Silicon Valley, announced a $12 million Series A investment today led by March Capital Partners. GE Ventures, City Light Capital and NexStar Partners also participated. The company emerged from stealth in December with a novel idea to secure the myriad of devices in the industrial internet […]

Fastly raises another $40 million before an IPO

Last round before the IPO. That’s how Fastly frames its new $40 million Series F round. It means that the company has raised $219 million over the past few years. The funding round was led by Deutsche Telekom Capital Partners with participation from Sozo Ventures, Swisscom Ventures, and existing investors. Fastly operates a content delivery […]

BigID scores $30 million Series B months after closing A round

BigID announced a big $30 million Series B round today, which comes on the heels of closing their $14M A investment in January. It’s been a whirlwind year for the NYC data security startup as GDPR kicked in and companies came calling for their products. The round was led by Scale Venture Partners with participation […]

Nginx lands $43 million Series C to fuel expansion

Nginx, the commercial company behind the open source web server, announced a $43 million Series C investment today led by Goldman Sachs Growth Equity. NEA, which has been on board as an early investor is also participating. As part of the deal, David Campbell, managing director at Goldman Sachs’ Merchant Banking Division will join the […]