Blumira raises $10.3M Series A to bring cloud-based SIEM to mid-market companies

Blumira today announced it raised a $10.3 million Series A financing round. The Ann Arbor-based cybersecurity company says the capital will be used to expand its product offering, double its headcount to 80 employees, and grow its partnership program with managed service providers. The company, founded in 2018, seeks to provide enterprise-level security to medium-sized […]

MobileCoin closes on $66 million in equity in Series B round

MobileCoin, a cryptocurrency business that counts founder Moxie Marlinspike of the encrypting messaging app Signal as its earliest technical advisor, has raised $66 million in Series B funding from a long list of investors, including Alameda Research, Berggruen Holdings, BlockTower Capital, Coinbase Ventures, Marc Benioff’s TIME Ventures, Vy Capital, and earlier backers General Catalyst and […]

Felicis Ventures grows along with its returns, gathering up $900 million across two new funds

Fifteen years ago, Aydin Senkut, a former Google exec, was an outsider in venture circles that didn’t take seriously his ambitions to become a top VC. Now, his firm, Felicis Ventures, is announcing $900 million in capital commitments across two new funds — a $600 million early stage fund and a $300 million opportunities-type fund […]

RaRa Delivery gets $3.25M for its ambitious on-demand delivery plans in Indonesia

RaRa Delivery’s ambitious goal is to offer same-day deliveries in Indonesia without burning cash like many on-demand logistics providers. The company announced today it has raised $3.25 million in seed funding led by Sequoia Capital India’s Surge program and East Ventures. Other participants included 500 Startups, Angel Central, GK Plug and Play and angel investors […]

South Korean online secondhand marketplace Danggeun Market raises $162M at a $2.7B valuation

Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced it has raised $162 million in a Series D round of funding with a valuation of $2.7 billion. (By the way, Danggeun means carrot in Korean.) This round of funding was led by DST Global, with additional participation from Aspex Management, Reverent Partners […]