Technology moves fast, and so are the startups we’re backing. What’s been happening?
Antheia, a Menlo Parck CA-based synthetic biology company, raised $73M in Series B funding.
Educative, a Seattle WA-based provider of an interactive hands-on skill development platform for software developers and the companies that employ them, raised $12M in Series A funding.
After acquiring a Salesforce application, ClosePlan a few months ago, our portfolio startup, People.ai has acquired Hero Research, another Salesforce application to improve users’ productivity.
On Tuesday, the nine-year-old company plans to announce that it has raised $71 million at a private valuation of $15 billion, news Perkins previewed with Fortune. The company finalized the deal in November, mere months after it raised $60 million at a $6 billion valuation in 2020. The company has raised a total of nearly $390 million to date.
User Interviews, the Entrepreneurs Roundtable Accelerator-backed company that has built a CRM for product research teams to get user feedback, has closed on a $10 million Series A round. The financing was led by Teamworthy Ventures, with participation from Las Olas, Accomplice, FJ Labs, ERA, Trestle Partners and ValueStream.
There’s an inherent tension at the heart of modern data infrastructure. On the one hand, it’s becoming more mission-critical every day, as companies around the world rely on it to run their business. On the other hand, it’s more complex, and potentially brittle, than ever, an “assembly chain” involving multiple tools and repositories.