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Author: Ron Miller

Airbase launches with $7M Series A to simplify spending control systems

Airbase is a startup with a plan to change the way you think about accounting around spending. Instead of multiple workflows, it wants to create a simpler one involving, well, Airbase. It’s a bold move for any startup to take on something as entrenched as financials, but it’s giving it a shot, and today the company launched with a $7 million Series A investment. First Round Capital was...

Techstars celebrates 10 years in Boston and over $1B in graduate funding

Techstars – Boston is celebrating its tenth anniversary today. Over the years, it has helped contribute to the Boston startup ecosystem, graduating 155 startups over that time, some of which have gone onto successful exits, while raising over $1 billion in funding. Among those, the biggest is PillPack, the online pharmacy that Amazon acquired last year for almost a $1 billion, while Kinvey, ...

Armis nabs $65M Series C as IoT security biz grows in leaps and bounds

Armis is helping companies protect IoT devices on the network without using an agent, and it’s apparently a problem that is resonating with the market, as the startup reports 700 percent growth in the last year. That caught the attention of investors, who awarded them with a $65 million Series C investment to help keep accelerating that growth. Sequoia Capital led the round with help from ne...

Klaviyo raises $150M Series B after building company the old fashioned way

Klaviyo, a Boston-based email marketing firm founded in 2012, went about building its email marketing business the old fashioned way. First it built a profitable company, then it went looking for funding to accelerate the growth. Today, it announced a massive $150 million Series B with the entire sum coming from Summit Partners. The company had raised just $8.5 million before today’s announc...

Fleetsmith lands $30M Series B to grow Apple device management platform

Fleetsmith launched in 2016 with a mission to manage Apple devices in the cloud. It simplified an IT activity that had previously been complex with help from Apple’s Device Enrollment Program. Over the last year, the startup has beefed up its offering considerably, and today it announced a $30 million Series B round led by Menlo Ventures. Tiger Global Management, Upfront Ventures and Harriso...

On balance, the cloud has been a huge boon to startups

Today’s startups have a distinct advantage when it comes to launching a company because of the public cloud. You don’t have to build infrastructure or worry about what happens when you scale too quickly. The cloud vendors take care of all that for you. But last month when Pinterest announced its IPO, the company’s cloud spend raised eyebrows. You see, the company is spending $750...

Vlocity nabs $60M Series C investment on $1B valuation

As we wrote last week in How Salesforce paved the way for the SaaS platform approach, the ability to build extensions, applications and even whole companies on top of the Salesforce platform set the stage and the bar for every SaaS company since. Vlocity certainly recognized that. Targeting five verticals, it built industry-specific CRM solutions on the Salesforce platform, and today it announced ...

LogRocket nabs $11M Series A to fix web application errors faster

Every time a visitor experiences an issue on your website, it’s going to have an impact on their impression of the company. That’s why companies want to resolve issues in a timely manner.  LogRocket, a Cambridge, MA startup, announced an $11 Million Series A investment today to give engineering and web development teams access to more precise information they need to fix issues faster....

Iterable lands $50M Series C investment to expand cross-channel marketing platform

Iterable, a startup that helps companies build complex marketing campaigns across channels to reduce churn and increase usage, announced a $50 million Series C round today. Investors include Blue Cloud Ventures, CRV, Harmony Partners, Index Ventures and Stereo Capital. Today’s investment brings the total raised to $80 million. Company co-founder and CEO Justin Zhu says the Iterable platform ...

Blameless emerges from stealth with $20M investment to help companies transition to SRE

Sight Reliable Engineering (SRE) is an extension of DevOps designed for more complex environments. The problem is that this type of approach is difficult to implement and has usually only been in reach of large companies, requiring custom software. Blameless, a Bay Area startup, wants to put it reach of everyone. It emerged from stealth today with an SRE platform for the masses and around $20 mill...

WorkClout brings SaaS to factory floor to increase operational efficiency

Factory software tools are often out of reach of small manufacturers, forcing them to operate with inefficient manual systems. WorkClout, a member of the Y Combinator Winter 2019 class, wants to change that by offering a more affordable SaaS alternative to traditional manufacturing software solutions. Company co-founder and CEO Arjun Patel grew up helping out in his Dad’s factory and he saw first-...

Determined AI nabs $11M Series A to democratize AI development

Deep learning involves a highly iterative process where data scientists build models and test them on GPU-powered systems until they get something they can work with. It can be expensive and time-consuming, often taking weeks to fashion the right model. Determined AI, a new startup wants to change that by making the process faster, cheaper and more efficient. It emerged from stealth today with $11...

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