With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of a few of things that you may have missed in NYC Tech News for the week of 6/10/18 to 6/16/18 including the NYC startup fundings, NYC startup exits, and NYC Tech events.
Claroty, the cybersecurity software company that protects industrial control networks, raised $60M in Series B funding led by Temasek Holdings, including Bessemer Venture Partners, Innovation Endeavors, ICV, Siemens AG, Envision Ventures, Schneider Electric, Team8, and Rockwell Automation. Founded by Amir Zilberstein, Benny Porat, and Galina Antova in 2014 it has raised a total of $92M over two rounds.
According to a recent SEC filing, LeagueApps, the platform for management sports leagues and programs, has raised an additional $1.77M in funding. Founded by Brian Litvack and Steve Parker in 2010, LeagueApps has now raised a total of $7.27M in funding. Investors in the company include Social Starts, Scout Ventures, R/GA Ventures, Red Sea Ventures, 645 Ventures, and LA Dodgers Accelerator with R/GA.
We took a look at the latest NYC tech hirings, lateral moves, and appointments for NYC companies covering 6/1/18 to 6/15/18.
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Radformation, the workflow automation platform for radiation cancer treatment founded by Kurt Sysock, has raised $1.6M in seed funding led by Brooklyn Bridge Ventures.
DRYPOWDER ALERT: We sat down with Brad Svrulga of Primary Venture Partners in this installment of Inside the Mind of a NYC VC: Brad Svrluga of Primary Venture Partners. Primary just announced the close of their second fund at $100M.
Femincare care startup LOLA has raised an additional $24M in Series B funding led by Alliance Growth Capital. Other investors in the round include Brand Foundry Ventures, Lerer Hippeau, and Spark Capital. LOLA was founded in 2014 by Alexandra Friedman and Jordana Kier and has now raised a total of $35.2M over four funding rounds.
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NYIAX, the blockchain-powered ad exchange, has raised an additional $5.7M in funding led by WestPark Capital. The company was founded by Carolina Abenante, Esq. and Mark Grinbaum in 2016. Full coverage of the NYIAX Seed++ round.
Mapfit, the provider of map data founded by Emily Wrobel and Phillip Zakas in 2015, has raised $5.5M in seed funding from investors that include Auren Hoffman, Cavalry Ventures, Matias de Tezanos, Jeroen Seghers, Daniel Waterhouse, Joost de Valk, Roderick Thompson, and Weihua Yan.O
Office management platform Managed by Q has acquired NVS, the provider of office space planning and project management. Terms of the transaction were not disclosed. The NVS team will join Managed by Q to form a Project Management division. “We continually see more and more companies turn to Managed by Q to run their office operations and we couldn’t be more excited to join the team and advance their mission,” said Jason Havens, CEO of NVS. “The Q team has a unique vision for how technology can disrupt commercial real estate, and I am looking forward to being part of that vision.”
Reonomy, the commercial real estate data startup, has raised $30M in Series C funding led by Sapphire Ventures with participation from SoftBank Capital and Bain Capital Ventures. Founded by Charlie Oshman, Guillermo Sanchez, Harlan Milkove, and Richard Sarkis in 2013, Reonomy has now raised a total of $64.9M in equity funding. The company just raised $16M in funding in February and this is an entirely new round of funding. We sat down with CEO Richard Sarkis after the previous round Reonomy Raised Another $16M To Bring Data Like Never Before To Commercial Real Estate.
Kinetic, the startup focused on workplace safety through wearables, has raised $6.3M in funding according to a recent SEC filing. The filing indicates that there were 22 participants in the round. Kinetic was founded by Aditya Bansal and Haytham Elhawary in 2014. This appears to be the company’s first institutional round of funding.
Beam, the company that allows you to donate a portion of everyday purchases to social causes, has raised $500K in funding according to a recent SEC filing. Beam was founded by Viveka Hulyalkar and Alexandra Salvatore in 2016.
Alphapoint, the fintech startup that allows institutions launch trading platforms with white label and asset digitization technology built on the blockchain, has raised $15M in Series A funding from Galaxy Digital Ventures. AlphaPoint, founded by Igor Telyatnikov, Jack Sallen, and Joe Ventura in 2013, previously raised $1.6M.
Kustomer, the customer service platform, raised $26M in Series B funding led by Redpoint and with participation from Series A investors Canaan Partners, Boldstart Ventures, and Social Leverage. Cisco Investments also joined as a new strategic investor. This brings the total funding amount to $38.5M for the startup founded in 2015 by Brad Birnbaum and Jeremy Suriel.
Here’s an 104 second video showing you what you missed…