Saturday April 20, 2024

GitHub is raising a secondary round

 We’re hearing from several sources that a secondary financing round is in the works for GitHub, following its last $250 million financing round that valued it at $2 billion in July last year. However, there’s a little bit of interesting chatter beyond that they’re raising a secondary for potential liquidation of investors or employees, we hear. […]

YC grad Paperspace gets $4m seed round to disrupt virtual desktops

 Paperspace founders Daniel Kobran and Dillon Erb set out to solve a hard problem, one the typical startup might shy away from. They wanted to disrupt the mature virtual desktop market dominated by giants like VMware, Citrix and Amazon. Today they got a healthy $4 million seed round to pursue the dream — and announced […]

CoreOS raises $28M Series B round led by GV

 CoreOS, the company behind the container-centric CoreOS Linux distribution and Tectonic container management service, today announced that it has raised a $28 million Series B round led by GV, the fund formerly known as Google Ventures. Other investors include Accel, Fuel Capital, Kleiner Perkins Caufield & Byers (KPCB) and the Y Combinator Continuity Fund. In total, […]

Pivotal confirms Series C round is actually over $650 million

 Pivotal filed a Form D last week with the SEC, indicating that last week’s $253 million round was actually closer to $653 million. Where did the extra money come from? Well, existing investors EMC converted $400 million in debt to equity to account for the additional money recorded in the SEC form, according to a […]

Rancher Labs raises $20M Series B round for its container management platform

 Rancher Labs, a container management platform that supports both Kubernetes and Docker Swarm, today announced that it has raised a $20 million Series B round. This new funding round was led by new investor GRC SinoGreen, a Chinese private equity and venture capital fund, with participation from existing investors Mayfield and Nexus Venture Partners. This round […]

Crate raises $4M seed round for its next-gen SQL database

 Crate, the winner of our TechCrunch Disrupt Europe startup Battlefield in 2014, today announced that it has raised a $4 million seed round for its open-source SQL database technology. The round was led by London-based Dawn Capital, which was joined by existing investors Sunstone Capital, DFJ Esprit and Speedinvest. In addition to these, Docker creator and CTO […]

Cedexis Raises $22M Series B Round For Its Internet Traffic Monitoring And Routing Platform

 Cedexis helps large enterprises monitor and optimize how their traffic flows from their servers, CDNs and cloud providers to their customers. The company today announced that it has raised a $22 million Series B round led by Ginko Ventures with participation from Foxconn, Nokia Growth Partners, Citrix Systems Ventures and its Series A investors Madrona […]

ForeScout Foresees IPO After $76 Million Round Led By Wellington Management

 ForeScout, a security company that helps firms detect devices on their networks they might not know about, announced a $76 million investment round today on a billion dollar valuation, making it a member of the vaunted unicorn club. The company has come a long way in a short time to attain that unicorn status, reporting […]

Mobile Payment Platform Minkasu Raises $1M Seed Round

 It faces several formidable rivals, but Minkasu believes it has developed the easiest way to make mobile payments. The startup’s iOS and Android app stores encrypted credit card information, does not need passwords, and lets shoppers complete transactions with one click. Read More Tweet This Post

Investors Feed Datadog A Hefty $94.5 million Round

 Every startup needs a steady diet of funding to keep it strong and growing. Datadog, a monitoring service that helps customers bring together data from across a variety of infrastructure and software is no exception. Today it announced a massive $94.5 million Series D Round. The company would not discuss valuation. The round was led by ICONIQ Capital. Existing investors […]