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.
Pinterest raises $367M at $11B valuation
Pinterest, that company that lets millions of people “pin” pictures and other content to “boards,” has raised $367 million in a new funding round that could be as large as $577.9 million.
Pinterest has raised the new money at an $11 billion valuation, a spokeswoman for the company told VentureBeat in an email.
Sakti picks up $20M investment from Dyson
Dyson may be more famous for vacuum cleaners, hand dryers, and bladeless fans, but the British electronics giant is spreading its wings with the news that it’s investing $15 million in Michigan-based solid-state battery company Sakti3. Existing investors General Motors, Khosla Ventures, Beringea, and Itochu are also participating, taking the full value of the round to $20 million.
Reltio launches with a $10M first round
Reltio, an "enterprise data-driven applications and modern data management company," picked up a $10 million series A market. Funders include Crosslink Capital and 406 Ventures. It also released its first product, Reltio Cloud. Reltio is based in Palo Alto, California.
Read more (press release)
Altocloud scores $2M and launches its ‘predictive communications’
Today Altocloud is emerging from stealth mode and releasing what it says is the first predictive analytics solution with machine learning for real-time communications like chat and phone calls. Or, as Altocloud is calling it, “predictive communications.”
The Mountain View, California-based company, which is also reporting it has raised $2 million in seed funding, has been testing the software in a private beta since March of last year.
This list will be updated with breaking funding news all day. Check back for more.