Andreessen Horowitz
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Big data analytics platform Databricks raises $140M Series D round led by Andreessen Horowitz
Databricks, a big data analytics platform built by a team that grew out of the Apache Spark project, today announced that it has raised a $140 million Series D round led by Andreessen Horowitz, with participation from New Enterprise Associates and Battery Ventures. This brings Databricks’ total funding raised to date to $247 million, which includes a $60 million round the company… Read More
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Anti-drone radio wave startup SkySafe secures $11.5M from Andreessen
Drones are a threat to both military and public safety, whether flown by a terrorist or just a reckless pilot. SkySafe’s radio wave technology can detect and stop rogue drones from entering unauthorized areas like military bases, stadiums, prisons and airports. Pinterest raises $150M at a $12.3B valuation as it makes a full press into visual search
Pinterest said today that the company has raised $150 million in additional capital at a valuation of $12.3 billion as it makes a further full-court press on its visual recognition and search pitch to investors and advertisers — and perhaps one day Wall Street. Pinterest last raised $367 million in additional financing at an $11 billion valuation in 2015. In recent years, the company… Read More
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For OpenGov, President Trump is proving a boon for business
OpenGov, a Redwood City, Ca., company whose software helps local governments keep transparent financial records, has been picking up speed in a variety of ways, and cofounder and CEO Zac Bookman traces some of that momentum to the election of Donald Trump as U.S. president. “We had the best Q1 in company history. It’s typically a quiet quarter, and we blew the top off”… Read More
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Propel raises $4M to make the social safety net more tech savvy and user friendly
Some big names are making an investment in food stamps — specifically in Propel, a startup that helps food stamp recipients manage their benefits. Propel is announcing that it has raised $4 million in seed funding from Andreessen Horowitz, Omidyar Network, Kevin Durant’s The Durant Company and Max Levchin’s SciFi VC, as well as previous investors Jay Borenstein, WinWin and… Read More
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Google partners with VCs to host its own machine learning startup competition
On the heels of acquiring data science community Kaggle, Google is launching a machine learning competition of its own for startups. Google is targeting early-stage companies taking an innovative approach to machine learning. The competition is being run in partnership with seven venture capital firms. Read More
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Cross River Bank gets unconventional validation with a $28M VC round
In a rare move, Battery Ventures, Andreessen Horowitz and Ribbit Capital, investors in a number of Silicon Valley’s fintech startups, have backed the bank enabling many of their investments to lurch forward. Cross River Bank, the obscure financial institution that seemingly everyone in fintech has heard of but doesn’t really know, originated more than $2.4 billion in loans for… Read More
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Boku locks down another $13.75M to fund carrier connections for global expansion
Global mobile payments company Boku announced a $13.75 million funding round today led by a consortium of UK investors. The company had previously raised approximately $77.25 million from Khosla Ventures, New Enterprise Associates, Index Ventures, Benchmark, and Andreessen Horowitz among others. The relatively small round, within the greater context of the company’s past… Read More
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Optimization startup SigOpt raises $6.6M
SigOpt, a company aiming to “optimize everything,” announced today that it has raised $6.6 million in Series A funding. When startups talk about optimization, they often mean trying out a few different variations and then choosing the ones that get the best results. With SigOpt, it’s more of a continual process, where the technology can look at your results and recommend what… Read More
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Instart Logic Raises $45M Series D Round For Its Application Delivery Platform
Application delivery platform Instart Logic today announced that it has raised a $45 million Series D round. The round was led by a new investor, the late-stage fund Geodesic Capital. Other participants in this round include existing investors Hermes Growth Partners, Andreessen Horowitz, Four Rivers Group, Kleiner Perkins Caufield & Byers, and Tenaya Capital. Telstra Ventures, the venture… Read More
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