The Weekly Notable Startup Funding Report takes on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup fundings for the week ending 2/22/20 featuring funding details for Algo, Aisera, Whatfix, and much much more.
Teikametrics — $15.0M – Venture
Boston-based Teikametrics is an e-commerce optimization platform designed for retailers on online marketplaces. Founded by Aatish Salvi, Alasdair McLean-Foreman, John Shea, and Mahshid Pirzadeh in 2011, Teikametrics has now raised a total of $25.0M in total equity funding and is backed by investors that include Ed Baker, Granite Point Capital, Jerry Hausman, and Jump Capital.
Algo — $15.0M – Series A
Troy-based Algo is the world’s first supply chain analyst work bot. Founded by Amjad Hussain in 2016, Algo has now raised a total of $15.0M in total equity funding and is backed by investors that include Integrity Growth Partners and The K Fund.
SentinelOne — $200.0M – Series E
Mountain View-based SentinelOne delivers autonomous endpoint protection that prevents, detects, and responds to attacks across all major vectors. Founded by Almog Cohen, Ehud Shamir, and Tomer Weingarten in 2013, SentinelOne has now raised a total of $429.5M in total equity funding and is backed by investors that include Accel, Data Collective DCVC, Insight Partners, Irving Investors, NextEquity Partners, Qualcomm Ventures, Redpoint, Samsung Ventures, Sound Ventures, The Westly Group, Third Point Ventures, Tiger Global Management, UpWest, and Vista Equity Partners.
Q Bio — $40.0M – Series B
Redwood City-based Q Bio operates as a platform that provides a physical health picture of the users. Founded by Garry Choy, Jeffrey Kaditz, and Michael Snyder in 2015, Q Bio has now raised a total of $40.0M in total equity funding and is backed by investors that include Founders Fund, Andreessen Horowitz, Khosla Ventures, SciFi VC, Thirty Five Ventures.
Aisera — $20.0M – Series B
Palo Alto-based Aisera offers solutions for IT, HR, customer service, facilities, and cloud operations of companies, businesses, and organizations. Founded by Antonio Nucci, Christos Tryfonas, and Muddu Sudhakar in 2017, Aisera has now raised a total of $20.0M in total equity funding and is backed by investors that include First Round Capital, Khosla Ventures, Menlo Ventures, Norwest Venture Partners, Ram Shriram, True Ventures, and Webb Investment Network.
Whatfix — $32.0M – Series C
San Jose-based Whatfix is a digital adoption platform that helps enterprises accelerate the adoption of software applications. Founded by Khadim Batti and Varakumar Namburu in 2014, Whatfix has now raised a total of $81.5M in total equity funding and is backed by investors that include Cisco Investments, Eight Roads Ventures, F-Prime Capital, and Sequoia Capital India.
OneTrust — $210.0M – Series B
Atlanta-based OneTrust is a privacy management and marketing compliance technology helping organizations comply with global regulations like GDPR. Founded by Kabir Barday in 2016, OneTrust has now raised a total of $410.0M in total equity funding and is backed by investors that include Coatue Management and Insight Partners.
Huntress — $18.0M – Series A
Ellicott City-based Huntress is a provider of advanced threat detection and actionable cybersecurity intelligence, Huntress Labs empowers IT Departments and Managed Service Providers (MSP) to expand their capabilities and confidently address their customersâ most complex cybersecurity challenges. Founded by Chris Bisnett, John Ferrell, and Kyle Hanslovan in 2015, Huntress has now raised a total of $19.8M in total equity funding and is backed by investors that include ForgePoint Capital.
Maven Clinic — $45.0M – Series C
New York-based Maven Clinic is a virtual clinic dedicated for women and family health. Founded by Katherine Ryder and Suzie Grange in 2014, Maven Clinic has now raised a total of $87.3M in total equity funding and is backed by investors that include Anne Wojcicki, Female Founders Fund, Harmony Partners, Icon Ventures, Mindy Kaling, Natalie Portman, Oak HC/FT, Reese Witherspoon, Sequoia Capital, and Spring Mountain Capital.
Udemy — $50.0M – Series E
San Francisco-based Udemy is an online learning destination that helps students, companies, and governments gain the skills to compete in todayâs economy. Founded by Eren Bali, Gagan Biyani, and Oktay Caglar in 2010, Udemy has now raised a total of $223.0M in total equity funding and is backed by investors that include Benesse.
UltraSense Systems — $20.0M – Series B
Santa Clara-based UltraSense Systems offers sensor solutions for smartphones, home appliances, automotive, and medical industries. Founded by Daniel Goehl, Hao-Yen Tang, Mo Maghsoudnia, and Sina Akhbari in 2017, UltraSense Systems has now raised a total of $23.9M in total equity funding and is backed by investors that include Abies Ventures, Artiman Ventures, Asahi Kasei, Hui Capital, Robert Bosch Venture Capital, and Sony Innovation Fund.
