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 3/28/20 featuring funding details for Dremio, Plastiq, Fast, and much more.
Sepio Systems — $4.0M – Series A
Rockville-based Sepio Systems offers cybersecurity solutions for protecting computing systems in critical infrastructure against threats. Founded by Bentsi Ben-Atar, Gregory F. Poch, Iftah Bratspiess, and Yossi Appleboum in 2016, Sepio Systems has now raised a total of $14.8M in total equity funding and is backed by investors that include Hanaco Venture Capital and Munich Re Ventures.
Second Nature — $16.4M – Series C
Raleigh-based Second Nature is a consumer goods company that specializes in providing air filters. Founded by Kevin Barry and Thaddeus Tarkington in 2012, Second Nature has now raised a total of $34.7M in total equity funding and is backed by investors that include Arsenal, Bonaventure Capital, Carolina Angel Network, IDEA Fund Partners, Lead Edge Capital, MANN+HUMMEL, Multiplier Capital, One Better Ventures, and Wolfpack Investor Network.
Dremio — $70.0M – Series C
Mountain View-based Dremio empowers business users to curate all the data they need, from any data source. Founded by Jacques Nadeau and Tomer Shiran in 2015, Dremio has now raised a total of $115.0M in total equity funding and is backed by investors that include Cisco Investments, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, and Redpoint.
Arkose Labs — $22.0M – Series B
San Francisco-based Arkose Labs provides fraud prevention, anti-spam, and abuse analysis for businesses, companies, and industries. Founded by Kevin Gosschalk and Matthew Ford in 2015, Arkose Labs has now raised a total of $36.5M in total equity funding and is backed by investors that include M12, PayPal Ventures, and U.S. Venture Partners (USVP).
CData Software — $20.0M – Series A
Chapel Hill-based CData Software offers data integration solutions for real-time access to on-line or on-premise applications, databases, and Web APIs. Founded by Gent Hito in 2016, CData Software has now raised a total of $20.0M in total equity funding and is backed by investors that include Updata Partners.
Fast — $20.0M – Series A
San Francisco-based Fast is the world’s fastest login and checkout. Founded by Allison Barr Allen and Domm Holland in 2019, Fast has now raised a total of $22.5M in total equity funding and is backed by investors that include Index Ventures, Stripe, and Susa Ventures.
Plastiq — $75.0M – Series D
San Francisco-based Plastiq offers a bill pay service for businesses to better manage their cash flow. Founded by Daniel Choi and Eliot Buchanan in 2012, Plastiq has now raised a total of $137.8M in total equity funding and is backed by investors that include Accomplice, B Capital Group, Khosla Ventures, Kleiner Perkins, and Top Tier Capital Partners.
Espressive — $30.0M – Series B
Santa Clara-based Espressive specializes in providing companies with artificial intelligence support for employees. Founded by Pat Calhoun in 2016, Espressive has now raised a total of $53.0M in total equity funding and is backed by investors that include General Catalyst, Insight Partners, and Wing Venture Capital.
