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The AlleyWatch Startup Daily Funding Report: 5/5/2021

AlleyWatch by AlleyWatch
The AlleyWatch Startup Daily Funding Report: 5/5/2021
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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/5/2021 featuring funding details for Timescale, Recount Media, and much more. This page will be updated throughout the day to reflect any new fundings.

Timescale — $40M – Series B

Timescale, the relational database for time-series, has raised $40M in Series B funding from investors that include New Enterprise Associates, Redpoint, Benchmark, Icon Ventures, and Two Sigma Ventures. Founded by Ajay Kulkarni and Michael Freedman in 2015, Timescale has now raised a total of $71.1M in reported equity funding.

Recount Media — $18M – Series B

Recount Media, the video-first media company focused on politics, has raised $18M in Series B funding from investors that include Alumni Ventures Group, True Ventures, Union Square Ventures, Foundry Group, Correlation Ventures, and Burda Principal Investments. Founded by John Battelle in 2019, Recount Media has now raised a total of $31M in reported equity funding.

Tags:  Michael FreedmanAjay KulkarniAlumni Ventures GroupBenchmarkBurda Principal InvestmentsCorrelation VenturesFoundry GroupIcon VenturesJohn BattelleNew Enterprise AssociatesRecount MediaRedpointTimescaletrue venturesTwo Sigma VenturesUnion Square Ventures
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