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.
Chicago-based startup Uptake raises $45M, reaches ‘unicorn’ valuation
Data analytics startup Uptake announced today that it raised a $45 million round led by GreatPoint Ventures. With this new cash, the Chicago-based company is the latest non-Silicon Valley startup to reach the infamous “unicorn” status with an estimated $1.1 billion valuation, The New York Times reported.
New Enterprise Associates and Caterpillar — previous Uptake investors — also participated in this round.
Read more: The New York Times
Security startup Cato Networks closes $20M round
Cato Networks, a Tel Aviv-based startup offering network security services, closed a $20 million funding round, the company announced today. U.S. Venture Partners‘ Steve Krausz and Aspect Ventures founder Theresia Gouw led the series A investment.
Cato Networks was founded this year by Shlomo Kramer, and this is the first investment on record. The startup’s service is available in beta.
More: Cato Networks
SourceClear, a startup that provides tools which developers can use to find security issues hiding in open-source software that their applications draw on, is announcing a $10 million round of funding today.
SourceClear started in Seattle in 2013 and is now based in San Francisco, with 21 employees and 10 to 20 customers. To date, the startup has raised $11.5 million.
Index Ventures and Storm Ventures provided the new funding for SourceClear.
This list will be updated with breaking funding news all day. Check back for more.
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 2021: Learn More
- networking features, and more