Category Archives: Fundings & Exits

StdLib just raised $2 million to connect businesses via APIs

 Keith Horwood wants to be known in tech circles as an agent for good, and he seems to be working toward that end with StdLib, his roughly two-year-old startup that abstracts away infrastructure using “serverless” architecture, allowing developers to write everything from simple functions to complex business logic, then deploy their code as scalable, fully­ documented web APIs. Read More

Sumo Logic lands $75 million Series F, on path to IPO

 Sumo Logic, the cloud-based log analysis platform, announced a $75 million round today, as the seven year old company could be entering the home stretch before an IPO. While CEO Ramin Sayar was not ready or willing to commit to an IPO timeline, he did admit it was the next logical step for the company, and that the size of the investment gives him the capital to build toward that event.… Read More

Cybersecurity firm Trend Micro announces $100M startup fund

 Security firm Trend Micro is the latest corporate to jump into the startup investment world after it unveiled a $100 million corporate fund today. It is predominantly looking at opportunities in the internet-of-things (IoT) space, but the exact scope of how it will operate is not clear. The company is headquartered in Japan and listed on the Tokyo Stock Exchange, where its current value… Read More

Diffblue, a University of Oxford spin-out, raises $22M Series A to bring AI to software development

The U.K.’s Oxford University continues to be a hotbed of AI talent, fuelling not just academic research into AI but also the ambitions of startups and large technology companies alike. The latest Oxford-based AI startup to make headlines is Diffblue, a University of Oxford spin-out that is applying Artificial Intelligence (AI) to software development. Read More

Stayawhile gets $1.5M to target the sweet spot between Airbnb and long-term rentals

 New York-based startup Stayawhile announced today that it’s scored $1.5 million in seed funding to provide travelers with what founder Janine Yorio refers to as “medium-term housing.” It’s a midway point between your standard hotel/Airbnb stay and a year-plus apartment lease, aimed at vacations and business travelers who’d like to spread out their stay in a new city… Read More

Fintonic banks $28M to grow its personal finance management app

 Spanish startup Fintonic has closed a €25 million Series B funding round to expand into new markets in Latin America and continue developing the product. Investors in the round include banking and financial services giant the ING Group and insurance group PSN.  Read More