Fundings & Exits

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Irish startup SoapBox Labs is building speech recognition tech for kids

 Irish startup SoapBox Labs is on a mission to create what it calls “the world’s most accurate and accessible speech technology for children”, tech it plans to offer to third-party hardware and app developers. These span educational apps that support reading and language development, children’s voice-control for IoT devices in the home, smart toys, and AR/VR experiences. Read More

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Bugsnag snares $9 million Series B, now gives you a software stability score

 Bugsnag, the cloud service that helps developers find bugs inside their software, announced a $9 million Series B today. They also released a new version of their dashboard that features a stability score than can give customers an unbiased grade of the current stability of their software. Let’s look at the funding first. Investors included first-timer GV (formerly Google Ventures)… Read More

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Igloo, a Jive-style enterprise collaboration platform, raises $47M

 The market for social media and collaboration services for enterprises — made popular by the recent, rapid growth and emergence of platforms like Slack, Facebook’s Workplace and Microsoft Teams — continues its hot streak. Today, Igloo Software, a Canada-based startup that has built a Jive-like platform that integrates other software for employees to communicate with each… Read More

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Wonderschool gets $2.1M to bring its early childhood programs to New York City

 Wonderschool, a network of in-home daycare and preschools, plans to open 150 programs in New York City after raising $2.1 million in new funding. The capital comes from non-profit investment firm Omidyar Network, Be Curious Partners, Rethink Education, Edelweiss Partners and Learn Capital and brings the startup’s total raised so far to more than $4 million, including a seed round… Read More

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Salesforce acquires Attic Labs, the startup behind decentralized database Noms

 Attic Labs, the creator of Noms, an open-source decentralized database, announced today that is being acquired by Salesforce. Terms of the deal, Salesforce’s first acquisition of 2018, were undisclosed. Last year, the company only bought digital creative agency Sequence, according to Crunchbase, taking a break from an acquisition spree in 2016 when it snapped up a dozen companies. Read More

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SolarWinds acquires log-monitoring service Loggly

 SolarWinds, the company behind services like Pingdom, Papertrail and AppOptics, today announced that it has acquired the cloud-based log-monitoring and analytics service Loggly. The two companies did not disclose the price of the acquisition, but Loggly, which was founded in 2009, had raised about $47 million over the years, including an $11.5 million Series D round in 2016. Investors include… Read More

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Germany’s Smava raises $65M to expand its consumer loan portal

 While Google dominates the world when it comes to search, portals for those looking for products and services in specific niches continue to have a place in our online world. In one of the latest developments, Smava, a German startup that has built a marketplace/portal for people to search for and take out loans, has raised $65 million to grow its business across Europe. The funding comes… Read More

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Ring acquires smart LED light company Mr. Beams

 Ring, the connected home security gadget startup, has acquired Mr. Beams, a maker of LED lighting with wireless connectivity and motion-sensing capabilities. The Mr. Beams acquisition is intended to help Ring bolster its existing portfolio of connected doorbells, video cameras and combination floodlight/cameras with affordable, modular lighting that can integrated with Ring’s software… Read More

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Collibra snags $58M Series D led by Iconiq and Battery Ventures to simplify data governance

 Collibra, a company that wants to help firms understand data governance, announced a $58 million Series D funding round today led by Iconiq Capital and Battery Ventures.
All of the investors involved in this round were coming back for another dip in the well. In addition to Iconiq and Battery Ventures, early Collibra investors Dawn Capital, Index Ventures and Newion Investments also participated. Read More

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