Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
Adaptive Insights, a company selling cloud-based software for financial planning, budgeting, and forecasting, announced today that it has raised $75 million. To date the company has raised $176 million, including a $22 million round from March 2012.
Spire lands $40M to deploy 100 weather satellites
Spire closed a $40 million series B round today to deploy more than 100 commercial weather tracking satellites by 2017. The round was led by Promus Ventures, with participation of new investors Bessemer Venture Partners and Jump Capitak. RRE Ventures and Lemmos Labs followed.
The company said that “the current generation of Spire satellites focus primarily on weather tracking, climate science, global supply chain monitoring, and broader maritime domain awareness.”
The company said it is “the only commercial weather data provider with scheduled launches in 2015,” and that the investment represents a “solution to the $2.4 trillion dollar problem” of the 2016 weather gap.
Spire has over $80 million in its pocket from three funding rounds.
Venafi has raised a huge $39 million round of funding from Intel Capital, QuestMark Partners, and Silver Lake Partners.
The encryption key and security certificate manager says it’s using the money to expand its client base and to create new products for the burgeoning Internet of Things market.
August Capital leads $12M round for Kentik
Kentik emerged from stealth today with a $12 million series A round to be “the industry’s first cloud-based network visibility and analytics solution capable of processing trillions of network data records per day,” the company said. The startup, previously know as CloudHelix, announced that the funding round was led by August Capital.
Kentik said it has raised at least $15 million to date.
Billionaire investor and Shark Tank television celebrity Mark Cuban has joined a group of investors putting $7 million into e-sports gaming startup Unikrn.
Blue Medora snags $4.6M
Grand Rapids, Michigan-based cloud product management company Blue Medora announced yesterday that it closed a series A round with $4.6 million led by Ann Arbor-based Michigan eLab. Start Garden and Grand Angels also participated in the Blue Medora’s round.
The company said the investment will be used to accelerate product development and raw its sales, marketing, and engineering teams. Blue Medora has raised $6 million to date.
More: Blue Mendora
YC-backed One Month raises $1.9M to expand
Education startup One Month today announced a $1.9 million raise in an “additional seed round.” This brings the company’s total funding raised to $2.6 million since “graduating” from Y Combinator.
Arena Ventures, Idea Bulb Ventures, and Cornerstone OnDemand participated in the round. One Month said it will use the money to hire more teachers and further build its technology. The school offers majors in technology, business, and design. Teach Yourself to Code: One Month Rails, the company says, became “the [number one] best-selling course on Skillshare,” a class marketplace.
More: One Month
This list will be updated with breaking funding news all day. Check back for more.
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