Toast Announces $101 Million in Additional Funding

Tuesday, July 25, 2017

Toast, the all-in-one restaurant technology platform and one of the fastest-growing technology companies in the U.S., today announced an additional $101 million in financing led by new investors Generation Investment Management and Lead Edge Capital. Existing investors including Bessemer Venture Partners also participated in the oversubscribed round. Toast plans to use these new funds to continue building the market-leading cloud platform that empowers restaurants of all sizes to offer the best technology-enabled guest experience.

Rubicon Project Acquires nToggle

Monday, July 17, 2017

Rubicon Project (NYSE:RUBI), the global exchange for advertising, today announced that it has acquired nToggle, a technology company that makes it easier and more cost effective for programmatic buyers to find the inventory they’re looking for among the billions of bid requests they receive each day. The technology will be made available on the Rubicon Project platform in the coming months, giving buyers the option to utilize the bid request optimization technology.

Rapid7 Acquires Komand

Tuesday, July 18, 2017

Rapid7, Inc. (NASDAQ: RPD), a leading provider of analytics solutions for security and IT operations, has acquired Komand, a security orchestration and automation company, to help its customers reduce time to resolution, maximize resources, and overcome ecosystem complexity. This acquisition enables Rapid7 to address the critical need for orchestration and automation to fill resource gaps that cannot be met by humans alone. Rapid7 is the first organization to unite IT and security analytics and business context with the ability to automate action.

NewStore Raises $50M in Series B Funding

Tuesday, July 18, 2017

NewStore, Inc., the Mobile Retail Platform founded by the creator of Demandware (now Salesforce Commerce Cloud), Stephan Schambach, today announced it has secured $50 million in Series B funding. Activant Capital, who led the round, joins returning investors General Catalyst and Stephan Schambach. The round cements NewStore as the dominant player in mobile commerce. Total capital raised to-date now stands at $90 million. The company will use the investment to expand its innovative platform and rollout the solution for retailers looking to realize their omnichannel aspirations.

Desktop Metal Raises $115 Million in Series D Funding

Monday, July 17, 2017

Desktop Metal, the company committed to making metal 3D printing accessible to manufacturers and engineers, today announced it has completed a $115 million Series D investment round to further accelerate the company’s rapid business growth and adoption of its end-to-end metal 3D printing systems. Since its inception in October 2015, Desktop Metal has raised a total of $212 million in financing, with the Series D marking the largest individual private round for a metal additive manufacturing company.

Bevi Raises $16.5M in Series B Funding

Thursday, July 13, 2017

Bevi, a mission-driven company that develops custom beverage machines, has raised a $16.5M Series B led by Trinity Ventures, with ongoing support from Horizons Ventures and Tamarisc. The company will use the funding to continue expansion throughout the United States, support the launch of their new counter-top beverage dispenser model, and accelerate the development of IoT-enabled technology that allows consumers to customize their beverages at the Point of Use.

Wellframe Raises $15M in Funding

Wednesday, July 12, 2017

Wellframe, a leading mobile-enabled care management solution provider, today announced the organization’s Series B round of financing, led by F-Prime Capital, with participation from existing investors including DFJ, who led the company’s A round. Carl Byers, Executive Partner at F-Prime, will join the Wellframe board of directors. This round brings total funds raised by the company to $25 million.