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.
GitHub takes in $250M, boosting valuation to $2B
GitHub announced this week that it had raised $250 million, pushing the company to an approximate $2 billion valuation. The Wall Street Journal reported the news today and cited sources “familiar to the matter.” The massive code repository has raise at least $350 million to date.
More: The Wall Street Journal
As you could have predicted, prediction is big these days. Big enough, in fact, that leading B2B practitioner Radius today announced new investment funding of $50 million.
This round was led by Rounders Fund, with Formation 8, Glynn Capital Management, Jerry Yang’s AME Cloud Ventures, Salesforce Ventures, BlueRun Ventures, and Yuan Capital.
Tripping says it’s raised a total of “just over $21 million.”
The company says this new capital will be used on growth and international expansion.
Software startup Catchpoint raises $16M
Catchpoint Systems, a startup that helps “companies accurately monitor and understand the performance of their online services to ensure their customers enjoy a fast, glitch-free experience,” closed a $16 million round. According to today’s announcement, the investment was split between $6 million from Battery Ventures and a $10 million credit line from Silicon Valley Bank.
The company said the funds will help it expand its “global monitoring coverage” and add new features to its product.
More: Catchpoint Systems
AltspaceVR, a virtual reality (VR) startup that builds shared spaces for people attending virtual gatherings — like watching movies, doing yoga, or having meetings — has raised $10.3 million to grow its team and expedite product development.
Today’s news takes the company’s total funding past the $15 million mark, after it raised $5.4 million across two seed rounds last year. Among the participants in this latest round were China’s Tencent, Dolby Family Ventures, and other returning investors. Interestingly, a new entrant has entered the mix — Comcast Ventures, the venture capital arm of media giant Comcast.
G2 Crowd, which provides reviews of other companies’ software products, has itself passed muster sufficiently to announce today it has received $7 million in new investment.
The new funding will be used to expand into new technology categories, add info to the categories currently covered, and better utilize data to help technology buyers.
This Series A round was led by Pritzker Group Venture Capital, along with existing investors Chicago Ventures, Hyde Park Venture Partners, ExactTarget cofounder and ex-CEO Scott Dorsey, company chairman Godard Abel, and the management team.
This list will be updated with breaking funding news all day. Check back for more.