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April 22, 2021
With $30M extension, BigID boosts Series D to $100M at $1.25B valuation When we last heard from BigID at the end of 2020, the company was announcing a $70 million Series D at a $1 billion valuation. Today, it announced a $30 million extension on that deal valuing the company at $1.25 billion just 4 months later. This chunk of money comes from private equity firm Advent International, and brings the total raised to over $200 million across 4 rounds, according to the company. The late stage star...
April 20, 2021
Cape Privacy announces $20M Series A to help companies securely share data Cape Privacy, the early stage startup that wants to make it easier for companies to share sensitive data in a secure and encrypted way, announced a $20 million Series A today. Evolution Equity Partners led the round with participation from new investors Tiger Global Management, Ridgeline Partners and Downing Lane. Existing investors Boldstart Ventures, Version One Ventures, Haystack, Radical Ventures and a slew of indivi...
April 20, 2021
AlleyWatch Cape Privacy Cape Privacy brings teams together to make stronger decisions for safe and more powerful data science. Founded in 2018, Cape Privacy is backed by investors that include Haystack, Boldstart Ventures, Version One Ventures, Radical Ventures, and Faktory Ventures and is headquartered in New York. FOUNDED:2018
April 1, 2021
AlleyWatch March 2021 was the single best month for NYC startup funding in history. These companies led the funding charge with 16 mega ($100M) rounds between them, raising $3.5B in aggregate during the month. Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York during March 2021. I have included some additional information such as industry, description, round type, total equity funding raised to further the analysis for the ...
March 11, 2021
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March 10, 2021
Snyk raises $300m at $4.7b valuation The Israeli cloud native application security company has quadrupled its valuation over the past year. Israeli cloud native application security company Snyk today announced that the company has closed $300 million in Series E financing. The financing round included both primary and secondary offerings and resulted in $175 million of new capital into the business. The company has now raised $470 million to date with a valuation of $4.7 billion post this rou...
March 10, 2021
Developer-security startup Snyk raised $300 million to take its valuation to $4.7 billion. Its valuation has quadrupled since January 2020 as it drives the "shift left" movement. CEO Peter McKay says Snyk will not have an IPO this year, but may pursue acquisitions. Apart from Zoom and perhaps now Roblox, it would be hard to name a company that has blown up more over the past difficult year than Snyk. The developer-security startup anno...
March 10, 2021
Employees, founders, and investors will enjoy $125M in a secondary deal. Snyk's developer-first security ingenuity leads the company to quadruple valuation...
March 10, 2021
(Bloomberg) -- Cybersecurity platform Snyk Ltd. said it has closed a $300 million funding round that gives it a valuation of $4.7 billion, quadrupling its value since the start of 2020.
March 3, 2021
Amid rise in remote work, Dooly announces $25.5 million CAD to scale sales enablement platform Vancouver-based Dooly has raised $25.5 million CAD ($20.3 million USD) in funding as the company looks to scale its sales enablement software, which aims to reduce the administrative burden on sales professionals. Dooly touts itself as “the fastest way” to update Salesforce, take notes, and manage deals for sales professionals. The startup’s software is designed to act as a conne...