Notable startup fundings for the week ending 7/6/19 featuring funding details for Calm, DotLab, 54gene, and much much more.
Calm — $27M – Series B
Calm offers an application designed to help its users meditate and relax. Founded by Alex Tew and Michael Acton Smith in 2012, Calm has now raised a total of $143.04M in reported equity funding and is backed by investors that include AngelList, Insight Partners, Jason Calacanis, Lightspeed Venture Partners, and Monkfish Equity.
TrapX Security — $18M – Series C
TrapX Security provides deception-based cybersecurity defense that can rapidly detect, deceive, and defeat advanced cyber attacks. Founded by Moshe Ben-Simon and Yuval Malachi in 2012, TrapX Security has now raised a total of $47.71M in reported equity funding and is backed by investors that include BRM Capital, Ibex Investors, Intel Capital, Liberty Technology Venture Capital, and Opus Capital.
Tara AI — $10M – Series A
Tara AI is an Intelligent product builder that leverages AI to automate product scoping and assignment of talent for software development. Founded by Iba Masood and Syed Ahmed in 2015, Tara AI has now raised a total of $13M in reported equity funding and is backed by investors that include 43North, Aspect Ventures, Moment Ventures, Slack Fund, and Y Combinator.
RealWear — $80M – Series B
RealWear develops a small-screen tablet to be worn with an industrial helmet for workers in the field, factory, or warehouse. Founded by Andy Lowery, Brian Hamilton, Chris Parkinson, Kenneth Lustig, and Sanjay Jhawar in 2016, RealWear has now raised a total of $97.07M in reported equity funding and is backed by investors that include Bose Ventures, JP Morgan Chase, Kopin Corporation, Qualcomm Ventures, and Teradyne.
DotLab — $10M – Series A
Dotlab focuses on women’s health diagnostics using novel biomarkers and machine learning. Founded by Heather Bowerman in 2016, DotLab has now raised a total of $10M in reported equity funding and is backed by investors that include CooperSurgical, Luxor Capital Group, Tiger Global Management, and Wilson Sonsini Goodrich & Rosati.
54gene — $4.5M – Seed
54gene is a healthcare startup that offers a genetics testing platform. Founded by Abasi Ene-Obong, Damilola Oni, Gatumi Aliyu, and Ogochukwu Francis Osifo in 2019, 54gene has now raised a total of $4.5M in reported equity funding and is backed by investors that include Better Ventures, Fifty Years, Hack VC, Pioneer Fund, and Y Combinator.
Trace Data — $5M – Seed
Trace Data helps companies understand, monitor and secure their data. Founded by James Donelan in 2019, Trace Data has now raised a total of $5M in reported equity funding and is backed by investors that include Accel, Kleiner Perkins, and overtime.vc.
