We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!

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.

Udacity raises $105M at $1B valuation to fuel international growth

Online education startup Udacity, whose students have gone on to join the likes of Google and Facebook, is now a $1 billion company.

Today the education company shared that it talked its way into a $105 million investment from Google Ventures, Andreessen Horowitz, media company Bertelsmann, and others in order to expand internationally.

Read more

Fiverr raises $60M to help lure freelancers online — and removes $5 minimum charge

Fiverr, a microtask marketplace for people to buy and sell just about any type of service, has raised $60 million in funding to “aggressively attract the vast majority of freelancers who still operate offline,” the company said.

Today’s news takes Fiverr’s total funding past the $110 million mark, and it’s double the amount of its previous biggest round, which came in at $30 million last August. The latest round was led by Square Peg Capital, with participation from existing investors Bessemer Venture Partners, Accel Partners, and Qumra Capital.

Read more

Mobile marketing platform Swrve raises $30M, acquires adaptiv.io

Swrve’s marketing automation platform is seeing some strong uptake with mobile app makers, and the company has picked up a new $30 million funding round to keep the good times rolling.

Swrve said mobile developers have now installed its software development kit a billion times.

The round was led by Evolution Media Partners, TPG Growth and Participant Media, and the Ireland Strategic Investment Fund. Existing investors Acero Capital and Atlantic Bridge also participated.

Read more

Sources: ClassPass raises $30 million from Google Ventures and others

ClassPass is getting a significant vote of confidence from Google Ventures, in the form of cash.

The fitness platform has raised $30 million in venture capital, with participation from Google Ventures, sources familiar with the matter told VentureBeat. The new funding follows a $40 million raise announced in January.

Read more

VideoAmp takes in $15M round to fuel growth

Software startup VideoAmp announced today that it took in a $15 million series A round led by RTL Group. VideoAmp created software that helps advertisers to adapt their content to different devices.

The startup has raised $17.2 million to date, and said that the round will fuel adoption and tech development.

More: VideoAmp

Eyefluence raises $14M for eye-popping eye-tracking technology for VR

Eyefluence has an eye-popping technology straight out of science fiction. The Silicon Valley company is announcing it has raised $14 million for its eye-tracking technology that lets you use the gaze of your eyes to control augmented reality and virtual reality devices.

Intel Capital led a first-round investment in 2013 as a strategic investor. Eyefluence has about 30 granted or pending patents.

Read more

Transfix joins the ‘Uber for trucking’ convoy with a new $12M round

Transfix is the latest beneficiary of the logistics boom, as VC firms hunt for the next “Uber for trucking.”

The New York company revealed today that it raised a $12 million series A, bringing its total funds to at least $14.5 million.

Canvas Ventures led the round for Transfix, while existing investors Lerer Hippeau Ventures, Founder Collective, and Bowery Capital followed.

Read more

Washington D.C.-based startup closes an $8M round

Contactually raised an $8 million series A round, the business contact management startup announced yesterday. Rally Ventures led the round, while Grotech Ventures and Correlation Ventures followed.

The Washington, D.C. startup has raised a total of $12 million to date.

More: Contactually

EventBoard snags $6.5M for its series A funding round

EventBoard, the developer of a team productivity tool and analytics software, announced today that it closed its seres A funding round with $6.5 million in its pocket. The investment was led by Greycroft Partners, with participation from Zetta Partners and Origin Ventures.

More: EventBoard

Iceland’s Sólfar Studios gets $2.1M for VR games from Asian and Nordic investors

Sólfar Studios announced today that it has received a seed investment of €2 million, or $2.15 million, to make new virtual reality games and other apps. The money came from an investment syndicate that includes both Asian and Nordic investors.

The Reykjavík, Iceland-based company announced the investment today at the Slush event in Helsinki, Finland. The backers include Shanda Group, Tianqiao Chen’s private investment group, Iceland’s NSA Ventures, and Finnish VC firms Inventure and Reaktor Ventures.

Read more


This list will be updated with breaking funding news all day. Check back for more.

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn more about membership.