Mylestone, a company that makes memories accessible via Amazon's Alexa and other virtual assistants, has announced today that it has raised $2.5 million in new funding led by True Ventures with participation from Founder Collective, Boston Seed Capital, Converge Ventures and Mergelane. This brings Mylestone's total funding to $4.5M.
As per Paul English's blog post:
I am pleased to share that GV and Tenaya Ventures have added an additional $5M each to our Series B financing. This brings our Series B round to a total of $25M raised to support our continued development and expansion plans.
CareDash.com, the online healthcare portal transforming the doctor review industry, today announces it has secured nearly $1 million in venture debt financing and an additional $1 million line of credit led by Link Ventures, a Cambridge-based investment firm focused on internet and technology companies.
ClearMotion, Inc., an automotive technology company developing the world's first digital chassis, announced today a $100 million Series C preferred stock financing led by clients advised by J.P. Morgan Asset Management, with participation from New Enterprise Associates (NEA), Qualcomm Ventures, World Innovation Lab (WiL), and Eileses Capital. This round brings the company's total investment to date to over $130 million.
Arcs. Every shot has one. So does every business. Along those lines—well, curves—we’re happy to announce that Dribbble has tweaked its trajectory: we’re now part of Tiny, a new family of companies run by Andrew Wilkinson and Chris Sparling. With MetaLab, Designer News, Flow, and Pixel Union, Andrew and Chris have assembled and grown an impressive portfolio of bootstrapped design companies. By joining forces with Tiny, we hope to augment our ability to serve the design community and move faster along our product parabola.
As reported by EdSurge:
AdmitHub, an edtech startup that’s creating conversational artificial intelligence (AI) to guide students to and through college, is trying to make that happen. (In fact, the conversation above was one that we had with the company’s chatbot, Oli.) Today, the Boston-based company announced it has raised $2.2 million in seed funding to develop Oli and other campus-specific chatbots, grow its team, and expand the service to more U.S. and international institutions.
As reported by Fortune:
Music streaming service Spotify is pumping more money into its coffers.
The Swedish company has raised $1 billion in convertible debt from investors, a Spotify spokeswoman confirmed to Fortune. Private equity firm TPG and hedge fund Dragoneer Investment Group led the round, along with clients of Goldman Sachs.