Funding and M&A Activity Across the Techstars Ecosystem
Oct 24, 2016
Ranku (Kaplan ‘13) acquired by John Wiley & Sons
Here are the companies that have recently received significant investments! Remitly (Seattle ‘11), a mobile payments service that enables convenient international money transfers from a customer’s mobile phone in the USA to a mobile phone abroad, secured yet another $38.5M. PillPack (Boston ‘13), an online pharmacy that delivers better care through simple packaging, modern technology and personalized service, raised $31.1M to take on pharmacies. FullContact (Boulder ‘11), the company that provides a cloud-based contact management solution for businesses, developers and individuals, raised $25M in August. Distil Networks (Cloud ‘12), announced a $21M series C. Distil Networks is the global leader in Bot detection and mitigation, offering the first SaaS solution focused on stopping automated attacks. GoSpotCheck (Boulder ‘11), the company that supplies brands with real-time insights into their in-store merchandising through a mobile app, raised $16.5M to expand their Denver HQ. Post-Quantum (Barclays UK ‘15), raised a $10.3M series A round in July. Post-Quantum deals with cyber security for today and the post quantum computing future. Promoboxx (Boston ‘11), is a brand-to-retailer marketing platform that allows brands to launch co-branded, customized online campaigns with their retailers. Promoboxx raised $8.2M series A in September. Codeship (Boston ‘13), raised $7M to continue to accelerate their business to reach even larger customers. Codeship helps teams ship better software faster by automating the release process. TrueFacet (Seattle ‘14), is the online jewelry marketplace where you can shop and sell branded jewelry and watches with confidence. They recently announced a $6M series A.
LiveLike (NYC ‘15), the company that developed a sports viewing platform that leverages VR to bring live stadium experiences to fans’ living rooms, recently raised $5M. Kepler (Seattle ‘16), recently raised a $5M seed round to develop and operate a network of 50 nanosatellites to allow customer spacecraft to communicate with each other and the ground in real-time, regardless of their current orbital position. Bitfinder (R/GA ‘15), the company that built Awair, a device that monitors indoor air quality, analyzes it and provides solutions based on users’ wellness needs like allergy, sleep and productivity, recently raised $4.5M. LiveStories (Seattle ‘14), announced a $3M seed round. LiveStories empowers non-technical people with a simple data discovery and presentation tool that allows easy construction of data-rich content, all without writing a single line of code. Bison (Boston ‘12), a financial technology company delivering software for analyzing private fund data, recently raised a $3M seed round. Reflect (Seattle ‘16), a data visualization service that is reinventing how companies build and distribute analytics, recently raised a $2.5M seed round. Aire (Barclays UK ‘14), is a fresh approach to credit scoring for consumers, enabling fair access for those cut out of the credit ecosystem. Aire secured $2M in funding in October. Shyft (Seattle ‘16), raised $1.5M in July. Shyft is an app that makes lives easier for retail and service workers around the world, by helping them communicate and manage their work life in one central place. Don’t miss your chance to join a Techstars accelerator program – Applications close October 15. Apply today . David Cohen
( @davidcohen ) Co-founder & Co-CEO of Techstars, previously founder of several technology companies. David is an active startup advocate, advisor, board member, and technology advisor who comments on these topics on his blog at DavidGCohen.com