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 ending 8/25 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Adaptive Management, Boxed, Latch, PebblePost, Carmera, Genvid, Knewton, Seva, and ShelterZoom.
Bulk grocery delivery startup Boxed has raised $111M in Series D funding led by Aeon with participation from Alpha Square Group, CDIB Capital, Gabriel Naouri, and existing investors. Boxed, founded in 2013 by Chieh Huang, Christopher Cheung, Jared Yaman, and William Fong, has now raised a total of $243.6M in funding over five funding rounds.
Latch, the smart access solution for buildings powered by hardware and software, has raised $70M in Series B funding from investors that include Brookfield Ventures, Lux Capital, RRE Ventures, Primary Venture Partners, Third Prime, Camber Creek, Corigin Ventures, Tishman Speyer, and Balyasny Asset Management. Founded in 2014 by Brian Jones, Luke Schoenfelder, and Thomas Meyerhoffer, Latch has now raised a total of $96M in funding over four funding rounds.
PebblePost, the programmatic direct mail platform, has raised $25M in funding from investors that include Advance Venture Partners, RRE, Greycroft, and Tribeca Venture Partners. Founded by Lewis Gersh, Robert Victor, and Tom Gibbons in 2014, PebblePost has now raised a total of $53M in reported equity funding.
CARMERA, the provider of mapping and navigation data for use in autonomous vehicles, has raised $20M in Series B funding led by GV. Founded in 2015 by Justin Day and Ro Gupta, CARMERA has now raised a total of $27.1M in funding over four rounds.
Genvid, the software provider that is building tools for the eSports streaming market, has raised $10M in funding led by Horizons Ventures. Founded by Fabien Ninoles in 2016, Genvid has now raised a total of $20M in funding over two rounds.
Knewton, the personalized learning company, has raised an additional $5M in funding from investors that include Accel, Bessemer Venture Partners, First Round Capital, Founders Fund, Atomico, Sofina, and FirstMark Capital. This brings the total equity funding raised to $162.3M for Knewton which was founded by Jose Ferreira in 2008.
According to a recent SEC filing, Adaptive Management, the data management and analytics platform founded by Brad Schneider in 2016, has raised an additional $3M in funding. The filing indicates that there were 17 participants in the round.
According to a recent SEC filing, Seva, the unified discovery and collaboration platform for all software and services used in workflows founded by Sanjay Jain in 2017, has raised $2.4M in funding. The filing indicates that there were 10 participants in the round. Seva is a graduate of the Techstars NYC program in Winter 2018.
According to a recent SEC filing, ShelterZoom, the blockchain-based real estate platform, has raised $1.45M in funding. The filing indicates that 43 investors participated in the round.