Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more.
Well, Silicon Valley finally saw some rain break the drought today. Meanwhile, it’s been raining money pretty steady for tech startups.
Check out the companies below, which together took on almost $100 million in funding.
Ensighten takes $40M to become more common in the marketer toolbox
Marketers have plenty to worry about as it is. They shouldn’t have to devise technology that can help them see how people are engaging with their websites. That’s especially true when companies like BrightTag, Impact Radius, and Ensighten can handle the responsibility full-time, with software for managing “tags” or lines of code inside a given web page that track what people do on that web page. Today investors are showing support for Ensighten, in particular, gracing the company with a $40 million round of venture funding from Insight Ventures. Read the full story on VentureBeat.
CloudLock picks up $16.5M to keep defending companies’ documents
CloudLock, a cloud-security software vendor that aims to help companies use cloud-based software and file-sharing tools,has taken on $16.5 in new funding. CloudLock shows its customers how employees access documents and gives companies a way to see when critical data is exposed on cloud-applications and file-sharing tools. Bessemer Venture Partners led the round, with participation from Ascent Venture Partners and Cedar Fund. Based in Waltham, Mass., CloudLock will use the new funds to develop new products, invest in existing ones, and expand its business in the United States and abroad. Read more on CloudLock’s website.
Flat World chips away at $9B textbook industry with cheaper digital versions
Textbooks are stupidly expensive. Their prices are increasing faster than college tuition, medical services, and even new homes, and Flat World is one of the tech companies striving to make college textbooks more affordable. Today, Flat World announced closing $9.5 million in funding to expand its reach, add new content, and develop more products. Flat World is a provider of digital textbooks for college and university courses. All of the content comes from authors with teaching, research, or textbook writing experience. Bessemer Venture Partners led this round, with participation from Valhalla Partners, Tribeca Venture Partners, and Bertelsmann Digital Media Investments. Read the full story on VentureBeat.
Clean Wave takes $8.8M for electric car tech
Clean Wave Technologies, a company that makes components for electric and hybrid vehicles, has raised $8.76 million in its first round of institutional funding. The company has yet to reveal its products, which are still being tested by customers, according to the Clean Wave website. Investors include Grand River Capital, whose investing partner Eric Wang runs the firm’s green-tech fund. Read the full story on VentureBeat.
Book hotels, earn miles, fly free: Rocketmiles raises $6.5M to expand its loyalty program
Trips to bask on the French riviera, ride elephants in Thailand, and canoe around Antarctica could be yours for free. Well, sort of for free with Rocketmiles, which announced today that it has closed $6.5 million in funding to fuel its expansion in the U.S. and abroad. Rocketmiles powers a frequent flyer plan where you earn airline miles by booking hotel rooms through its site. The basic idea is to book hotels, earn miles, and go on more vacations. August Capital led this round, with participation from existing investors Peterson Ventures, Link Ventures, and Atlas Venture. New investors include Chicago Ventures and Sam Yagan, CEO at Match.com. Read the full story on VentureBeat.
Boombotix takes $3.5M
Sqrl gets $500K to annoy people for you
Sqrl doesn’t want you to ever follow up with someone you’ve emailed ever again. The company created a “request engine” that will continue to follow up with that individual until an action is taken. For example, if you need a something signed, Sqrl will do the pestering for you until the documents are returned. The company promises that its secured. The company received $500,000 from CincyTech, Hyde Park Venture Partners, and Vine Street Ventures.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform
- networking features, and more