General Catalyst

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NewStore raises $50 million for mobile commerce

 Demandware founder Stephen Schambach has moved on to his next startup and investors are betting $50 million. NewStore, an enterprise platform for mobile commerce, has raised a Series B from Activant Capital, General Catalyst and Schambach’s own money. The company previously raised $40 million since 2015, but just launched the business late last year. While Magento, Shopify and others… Read More

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Cover raises $1.6 million to make in-law units easy to add to any backyard

 Whether you call them granny units, in-laws or backyard studios, accessory dwelling units are rising in popularity in the U.S., in part due to new regulations that make it easier to obtain permits to build them in California. Now, a startup called Cover Technologies Inc. has raised $1.6 million in seed funding to give accessory dwelling units a high-tech makeover. Read More

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Grammarly raises $110 million for a better spell check

 Some people really need help with grammar. To that end, Grammarly has been quietly building a freemium grammar checker to help students, writers and people who want to make a good impression on social media or email. Now they’re raising $110 million from General Catalyst, IVP and Spark Capital to take their business to the next level. Read More

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Smart diabetes management service Livongo Health raises $52.5M and looks to new markets

 Glen Tullman doesn’t like it when someone tells him he’s sick when he’s feeling fine. It’s something he thinks his customers probably don’t want to hear, either. Tullman runs a startup called Livongo Health, which offers a blood glucose monitor accompanied with a service designed to intervene and help coach people through managing diabetes. Livongo Health helps… Read More

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AirMap raises $26 million to manage air traffic as drone use surges

battle-drones Lower airspace isn’t crowded with drones quite yet. But as drones become more pervasive, a startup called AirMap is building software and systems to help drone operators fly only where it’s safe and legal to do so. The task will prove completely different from that of managing airliners as we do today, says AirMap CEO and cofounder Ben Marcus who is also serving as the co-chair for… Read More

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Zugata raises $7 million to make annual performance reviews obsolete

teens millennials Even before they began to graduate from college, millennials drove changes at work, from management and recruiting practices to the design of office interiors. But companies are still adapting and figuring out what matters most to this large demographic and employee base. Now, a tech startup called Zugata has raised $7 million in Series A venture funding to replace the crusty old… Read More

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Stealthy startup Preempt Security scores $8 million Series A

Black gloved hand grabbing red password from field of white zeros and ones to illustrate credential stealing. Preempt Security, a startup still in stealth, came out of hiding today enough to announce an $8 million Series A round. Beyond that we know only a limited amount about what makes them worth such an investment. The round was led by General Catalyst with participation from Mickey Boodaei and Rakesh Loonkar, the founders of Trusteer, and Paul Sagan, the former CEO of Akamai Technologies.… Read More

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ClassDojo raises $21 million for app to make parent-teacher meetings obsolete

A teacher builds a "Class Story" using ClassDojo. ClassDojo has raised $21 million in a Series B round of venture funding for tech that connects educators to students’ parents, and helps them communicate consistently about student’s activities, social and behavioral development at school. Communicating throughout the year, and even throughout the school day, means parents are apprised of what their kids are experiencing and how… Read More

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GoButler Takes Its SMS Personal Assistant Out Of Beta, Raises $8M

gobutler GoButler has a straightforward premise — you should be able to send a text message and one of its “Heroes” will help you get whatever you need, whether you want to order dinner or make a flight reservation.
Today, the startup is announcing that it has moved out of beta testing and is available in the United States, Canada, the United Kingdom, Germany, Austria and Switzerland. Read More

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Rocana Lands $15M To Bring Big Data Analysis To IT Ops

One hundred dollar bills sticking out of a shirt pocket. Rocana (formerly ScalingData) announced $15 million in Series B funding led by Google Ventures with General Catalyst Partners, Toba Capital and Paul Sagan (former chairman at Akamai and current executive in residence at General Catalyst) also contributing. This round brings the total raised to $19.4 million. Rocana aims to simplify and speed up how companies running large data center… Read More

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