RECENT NOTABLE ACTIVITY – ENTERPRISE SECURITY

• FraudMetrix, an anti-fraud company raised $72.8M in the Series C funding co-led by Temasek and Tiantu Capital. Link
• SIEM vendor, LogTrust raised $35M in a Series B round led by Insight Venture Partners. Link
• Security analytics vendor, Securonix raised $29M in the Series A round led by Volition Capital. Link
• Threat intelligence vendor, SecurityScorecard raised $27.5M in the Series C round led by Nokia Growth Partners. Link
• Bastille, an IoT security startup raised $27M in the Series B round from BVP, Comcast, and others. Link
• Darknet monitoring company, Digital Shadows raised $26M in the Series C round led by Octopus Ventures. Link
• Attivo Networks, a deception-based network security provider raised $21M in the Series C round led by Trident Capital Cybersecurity. Link
• Application security startup ShiftLeft raised $9.3M in the Series A funding co-led Bain Capital Ventures and Mayfield. Link
• Hypr, a biometrics-based IAM solution provider raised $8M in the Series A round led by RRE Ventures. Link
• IoT security startup, Wireless Registry raised $6.2M in the Series A round from an undisclosed investor. Link
• CloudZero, a cloud security startup raised $5M in the Series A funding co-led by Matrix Partners and Underscore VC. Link
• Huorong, an endpoint security vendor raised $2.26M in the Seed round from TopSec. Link
• Customer IAM startup, LoginRadius raised $1.3M in the Seed round from Accelerate Fund, BDC Capital, and others. Link
• IAM-based security startup, InBay raised $1M in the Seed round co-led by Ramphastos Investments and Tongda One Partners. Link
• Security analytics startup, Change Dynamix raised $430k in the Seed round from an undisclosed investor. Link
• Soliton Systems invested an undisclosed funding in LookingGlass, a threat intelligence solution provider company. Link
• BYOD security vendor, Jamf raised an undisclosed funding from Vista Equity Partners. Link
• Evernym, a blockchain-based IAM startup raised undisclosed funding in the extended Series A from Outlier Ventures. Link
• Payment anti-fraud solution startup, ThirdWatch raised an undisclosed funding from IAN and others. Link
• SAP acquired Customer IAM vendor, Gigya in a $350M deal. Link
• Google Cloud acquired cloud identity management company Bitium in an undisclosed deal. Link
• Root9B, a cybersecurity risk assessment provider acquired by Tracker Capital in an undisclosed deal. Link
• Security analytics platform, Cyence acquired by Guidewire Software in an undisclosed deal. Link
• Network traffic analytics company, SignalSense acquired by Splunk in an undisclosed deal. Link
• Akamai acquired DNS security & analytics company, Nominum in an undisclosed deal. Link

SOME INTERESTING STARTUPS FOUND

NuID (2017, Seattle) – Decentralised authentication and identity management platform.
Exeon Analytics (2017, Zurich) – Machine learning & big-data analytics based threat detection.
Hacken (2017, Kyiv) – Blockchain based decentralized crowdsourced bug bounty and cryptocurrency ecosystem.

LEADER BOARD – ENTERPRISE SECURITY

Suite
Symantec (1982, Mountain View, IPO) – Enterprise security solution suite for enterprise & personal users. Went IPO in 1989.
Kaspersky (1997, Moscow, $200M) – Security solution suite for businesses and consumers, Backed by General Atlantic.
Palo Alto Networks (2005, Santa Clara, IPO) – Enterprise security vendor focused on the security of network, cloud, endpoint & BYOD devices, security analytics & intelligence. Went IPO in 2012.

Network Security
Barracuda Networks (2002, Campbell, IPO) – Appliance based network threat detection solutions. Went IPO in 2013.
Zscaler (2008, San Jose, $148M) – Network traffic analysis for application profiling and cloud security. Backed by LSVP, Google Capital, TPG, EMC.
ForeScout (2000, Tel Aviv, $120M) – Continuous monitoring and intelligence based threat detection and policy-based mitigation platform. Backed by Accel Partners, Intel Capital, Amadeus Capital, Meritech Capital.

BYOD Security
Blackberry (1984, Waterloo, IPO) – Enterprise Mobility Management suite company. Went IPO in 1999.
Good Technology (1996, Sunnyvale, $522M, Acq.) – Enterprise mobility & security solution. Acquired by Blackberry in 2015. 
Lookout (2007, SF, $284M) – Mobile security against zero-day threats. Backed by Accel, A16Z, Greylock.
Airwatch (2003, Atlanta, $225M, Acq.) – Enterprise mobility management & security for BYOD. Acquired by Vmware in 2014.

Endpoint Security
Tanium (2007, Berkeley, $401.5M) – Helps manage and secure enterprise endpoints. Backed by A16Z, TPG, IVP, Franklin Templeton.
Crowdstrike (2011, Irvine, $256M) – Cloud and machine-learning based endpoint security platform. Backed by Accel Partners, Rackspace, Telstra, CaiptalG.
AVG (1991, Amsterdam, Acq.) – Anti-virus solution on endpoint devices for online security. Acquired by Avast in 2016. 

Cloud Security
Illumio (2013, Sunnyvale, $267M) – Visibility and control over workloads running in any data center. Backed by Accel, A16Z.
Netskope (2012, Los Altos, $231M) – Cloud access security broker solution for the enterprise. Backed by LSVP, Accel, Social+Capital Partnership, Iconic Capital.
Armor Defense (2009, Richardson, $149M) – Cloud infrastructure security & secure cloud hosting service. Backed by The Stephens Group, Performance Edge Partners, Arizona Tech Investors.

Application Security
Veracode (2006, Burlington, $114.5M, Acq.) – Automated static, dynamic and mobile application security testing service. Acquired by CA Technologies in 2017.
Checkmarx (2006, NYC, $98.5M) – Static code analysis tools to identify security vulnerabilities in uncompiled code. Backed by Insight Partners, Salesforce.
HackerOne (2012, SF, $74M) – Vulnerability Disclosure & internet security bug bounty programs. Backed by NEA, Benchmark Capital, Dragoneer Investment Group. 

Identity & Access Management
Okta (2008, SF, IPO) – Secure identity management and single sign-on. Went IPO in 2017.
ForgeRock (2010, SF, $140M) – Unified secure digital identity & access management platform. Backed by Accel Partners, KKR, Foundation Capital, Meritech Capital.
Ping Identity (2002, Denver, $137M, Acq.) – Identity management solution for federated access to applications. Backed by DFJ, KKR. Acquired by Vista Equity Partners in 2016.

Security Analytics
Tenable Networks (2002, Columbia, $310M) – Continuous network monitoring & vulnerability management solution. Backed by Accel & Insight Partners.
Sumo Logic (2010, Redwood City, $236M) – Cloud-based network log management and analytics. Backed by DFJ Growth, IVP, Sequoia, Accel, Greylock, Sapphire Ventures.
Darktrace (2013, Cambridge, $180M) – UEBA analytics based insider threat detection platform. Backed by Insight Venture Partners, KKR, SoftBank, Summit Partners.
Skybox Security (2002, San Jose, $144M) – Risk Analytics & remediation recommendation of enterprise threats. Backed by SGEP, Providence Equity, LSVP, Benchmark.

Threat Intelligence
LookingGlass Cyber (2006, Arlington, $104M) – Threat intelligence-based security & dynamic threat defense. Backed by New Spring Capital, Alsop Louie Partners, Vital Financial.
Zerofox – Social media security & enterprise risk management. Backed by Silver Lake, Redline Capital, NEA, Silicon Valley Bank, TCP Venture Capital.
Prevalent (2004, Warren, $72M) – Partner cyber-risk management solution. Backed by Insight Venture Partners, Spring Mountain Capital, Fulcrum Equity Partners.
RiskIQ (2009, SF, $68M) – External threat management and intelligence platform. Backed by Summit Partners, Battery Ventures, Georgian Partners, MassMutual Ventures.

Data Security
Druva (2008, Pune, $200M) – Cloud data protection, DLP, and information management & backup. Backed by Sequoia, Tenaya Capital, Riverwood Capital, Orios Venture Partners.
SafeNet (1983, Belcamp, $139M, Acq.) – Encryption & Key Management based data security. Acquired by Gemalto in 2014.
Digital Guardian (2003, Waltham, $125M) – Endpoint data loss prevention solution. Backed by Fairhaven Capital, Mass Mutual, Siemens Finance.
Ionic Security (2011, Atlanta, $122M) – Centralized policy, encryption and control based data security. Backed by KPCB, Google Ventures, Goldman Sachs, Tech Operators, JAFCO, FF VC, Meritech Capital Partners.

Website Security
CloudFlare (2009, SF, $182M) – Security and performance solutions for websites using a collective intelligence of its network community. Backed by USV, NEA, Qualcomm Venture, MS Ventures, GV.
StackPath (2015, Dallas, $180M) – Cloud-based WAF, secure CDN & VPN service. Backed by ABRY Partners.
Shape Security (2011, Mountain View, $131M) – Website security by making subtle transmutation of underlying HTML page code of web pages, deceiving attackers. Backed by KPCB, GV, NVP.

Email Security
MimeCast (2003, London, IPO) – Saas-based email security by re-routing and analyzing emails. Went IPO in 2015.
Proofpoint (2002, Sunnyvale, IPO) – Email security based on secure email gateways. Went IPO in 2012.

Anti-Fraud
Lifelock (2005, Tempe, $178M, Acq.) – Identity theft protection & payment fraud prevention. Acquired by Symantec in 2017.
Pindrop Security (2011, Atlanta, $122M) – Machine learning and multi-factor analysis based phone fraud detection and prevention. Backed by Google Capital, A16Z, IVP, Felicis.
Signifyd (2011, Palo Alto, $106M) – Cloud-based digital fraud & chargeback prevention solution. Backed by a16z, American Express, IA Ventures, Menlo Ventures.

Leader board includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest update, visit Enterprise Security feed

RECENT NOTABLE ACTIVITY – AGRITECH

• Indigo Agriculture, a producer of seed coatings containing natural endosymbiont raised $156M in series D round of funding from Baillie Gifford, Activant Capital, Flagship Pioneering, and Alaska Permanent Fund. This funding round values the company at $1.4B making it the latest unicorn in the AgriTech market. Link
• Phytech, a developer of sensor based technology to monitor and understand crops raised $11M in series B round of funding led by Tencent with a participation from Syngenta Ventures and other existing investors. Link
• Nileworks, developer of drones for agricultural spraying and monitoring raised $7.1M round of funding from Innovation Network Corporation of Japan, Kumiai Chemical Industry Co., Sumitomo Chemical, Japanese National Federation of Agricultural Co-operative Associations, and The Norinchukin Bank. Link
• SafeTraces, a developer of edible trace-ability solution for agri produce raised $6.5M in series A round of funding led by Omidyar Network with a participation from  S2G Ventures, Maumee Ventures, UL Ventures, City Light Capital, and Tuscan Management. Link
• Equinom, an agricultural genomics company raised $4M in series A round of funding led by Fortissimo Capital. Link
• Silver Bullet, a developer of water treatment solution for agriculture and other industries raised $3.5M in series A round of funding. Link
• Grow, a developer of semi-autonomous growing kit for urban agriculture raised $2.4M in series A round of funding from Resolute Ventures. Link
• Trellis, a developer of software for cannabis agribusiness management raised $2M in seed round of funding led by Casa Verde Capital with a participation from Gateway, Agronautic Ventures and One Gun. Link
• Virovet, a manufacturer of vaccines and antiviral drugs for livestock animals closed its series A round of funding with a raise of $1.8M from Capricorn Venture Partners. Link
• Packet Greens, a hydroponic cultivator and subscription based supplier of veggies raised $1.5M in seed round of funding from SPRING Seeds Capital and Trirec. Link
• EDN (Environmenta Data Network), a developer of autonomous system for indoor agriculture raised $750K in seed round of funding. Link
• Four AgriTech startups have been selected in Y Combinator’s summer and winter 2017 batches, viz. Entocycle (a developer of insect protein for animal feed), Trade Ghana (an online listing platform for farmers and on-demand transportation), Cowlar (a developer of wearable for cows) and VinSight (a developer of software platform for vineyard monitoring and analytics). Link
• Agrowave, a farm to business supply chain management company for fresh produce raised undisclosed amount in seed round of funding from Daffodil Software. Link
• Persistance Data Mining, a provider of aerial mapping, image processing and data analytics services for precision agriculture raised undisclosed amount in seed round of funding from Innova Memphis. Link
• Cropin, a developer of ERP software for agribusinesses raised undisclosed amount in pre-series A round of funding led by Beenext with a participation from Ankur Capital and Invested Development. Link

SOME INTERESTING STARTUPS FOUND

Plastomics (2016, St. Louis) – Develops chloroplast engineering platform for enhanced transgene expression in GMO crops.
Realtime Aquaculture (2016, Halifax) – Develops integrated hardware and software platform for precision aquaculture.

LEADER BOARD – AGRITECH

Precision Ag
Farm Data and Analytics – Integrated Platforms
The Climate Corporation (2006, SF, $109M, Acq.) – Hardware and software solutions provider for hyper-local weather and farm data with predictive analysis for insurance products. Sold off its insurance business to AmTrust North America in July 2015. Acquired by Monsanto in 2013.
Farmers Edge (2005, Winnipeg, $44M) – Hardware and software solution provider for continuous monitoring of farm fields and predictive analysis for management decision support.

Farm Data and Analytics – Software Platforms
Farmers Business Network (2014, Davenport, $88M) – Precision agriculture solutions through big data analysis of data gathered from farmers and agriculture machinery. Backed by Kleiner Perkins, DBL Partners, and GV.

Field Operations
AutoAgronom (1988, Yokneam Illit, $180M) – Sensor based measurement of physical and chemical changes in root zone supplemented with computerized analysis and fuzzy control algorithms to automatically activate irrigation and fertilization.
Novariant (1994, Fremont, $60.5M) – Sensor based auto steering hardware solutions for GPS-based navigation through tablets. Backed by Sierra Ventures, Ridgewood Capital, Clearstone.
Blue River Tech (2011, Sunnyvale, $30M, Acq.) – Develops automated technology solutions which use computer vision for identification and selective killing of unwanted weed. Backed by Khosla Ventures, DCVC, Innovation Endeavors, Pontifax Agtech. Acquired by John Deere.
Harvest Automation (2007, Billerica, $28M) – Developer of robotic machinery for farming operations. Backed by Founder Collective, Entree Capital, Cultivian, MassVentures.
Feedlogic (2002, Wilmar, $2M) – Automated feeding machines along with data recording platform for livestock farmers in the USA. Backed by unknown private investors.

BioTech
Farm Inputs – Seeds
Monsanto (1901, St. Louis, IPO) – Developer of genetically modified (GM) seedlings to mitigate risks associated with biotic and abiotic stresses in crops. Went public in 2000. Acquired by Bayer in 2016.
Syngenta (2000, Basel) – Developer of genetically modified crops and biological agrochemicals apart from engaging in genomic research.
DuPont Pioneer (1926, Des Moines) – Developer of hybrid (non-GM) and GM seeds to mitigate risks against insects, pests and other diseases.

Farm Inputs – Biologicals
Indigo (2013, Cambridge, $320M) – Earlier known as Symbiota, it is building technology for delivery of selective plant microbes through seed coatings. Backed by Baillie Gifford, Activant Capital, Flagship Pioneering, and Alaska Permanent Fund.
AgBiome (2012, Raleigh, $52M) – Developer of biological agrochemicals for crop protection against soil-borne diseases. Backed by Gates Foundation, Monsanto Growth Ventures, Syngenta Ventures, ARCH Venture Partners, UTIMCO, Polaris Partners, Pontifax Agtech, Harris+Harris Group.
Agrivida (2002, Medford, $61M) – Specially engineered enzymes for the nutrition of livestock animals. Backed by KPCB, Middleland Capital, ARCH Venture Partners, Cultivian, DAG Ventures, Bright Capital, Northgate, Prairie Gold.
Zymergen (2013, Emeryville, $174M) – Combination of synthetic biology and machine learning to engineer industry relevant microbes to manufacture chemicals and new materials. Backed by Softbank, Data Collective Venture Capital, True Ventures, AME Cloud Ventures, Iconiq Capital, DFJ, Innovation Endeavours, Two Sigma Ventures, Prelude Ventures, Tao Capital.

Infrastructure
Advanced Animal Diagnostics (2001, Morrisville, $36M) – Diagnostic infrastructure provider for real-time animal health monitoring through white blood cell levels in animals. Backed by Middleland Capital, Cultivian, Kansas Bioscience Authority, LabCorp, Intersouth Partners, Novartis Venture Fund.

Tech Platforms
Kaiima (2006, Lower Galilee, $91M) – Tech platform to enhance inherent productivity and resource usage efficiency in food and feed crops. Backed by KPCB, DFJ, Horizons Ventures, Tamir Fishman.

Waste Management
Cool Planet (2009, Camarillo, $143M) – Utilizes patented process to convert non-food biomass to gasoline and organic soil nutrients. Backed by Northbridge, UBS, Google Ventures, Energy Technology Ventures, Concord Energy, Sustainable Conversion Ventures, British Petroleum.
Wiserg (2010, Issaquah, $37M) – Devices to convert grocery waste into a nutrient rich liquid which can be used as fertilizer for agriculture.

Cellular Ag
Impossible Foods (2011, Redwood City, $258M) – Beef-substitute made from a protein called Heme extracted from plants. Backed by Khosla Ventures, Google Ventures, UBS, Horizon Ventures, Viking Global.

Breeding Tech
Prairie Plant (1988, Saskatoon,$6.4M) – Plant breeding research to produce berry and other fruit plants for orchards. Backed by WestCap.

Genetically Modified Organisms (GMO)
Oxitec (2002, Abingdon, $20M) – Develops genetically modified pests which act as anti-pests to suppress the population of disease-causing pests in crops. Backed by Oxford Capital, East Hill.

Farm Business Management
Field Crops – Field Management
Granular (2014, SF, $23M, Acq.) – Farm management software for collection and analysis of data related to farm business processes and planning of resources. Backed by A16Z, Google Ventures, Khosla Ventures, Tao Capital, Fall Line Capital, Emory Investment Management. Acquired by DuPont.

Agribusiness
Cultivation – Algae
Sapphire Energy (2007, San Diego, $290M) – Cultivation of algae and using it as a biomass source for production of crude oil. Backed by Monsanto Growth Ventures, ARCH Venture Partners.

Infrastructure
Irrigation
Netafim (1965, Tel Aviv) – Manufactures components for drip irrigation and develops smart irrigation systems. Backed by Permira and Tene Investment Fund.

Aquaculture – Full Stack System
GFA Advanced Systems (2008, Kadima, $5M) – Developer of zero discharge intensive aquaculture system. Backed by Linnaeus Capital.

Market Linkages
Supply Chain – Farm Inputs
CloudFarm (2013, Beijing, $26M) – Online retailer of Agri inputs including seeds, fertilizers, agrochemicals, farm equipment, etc.

Supply Chain – Farm Produce
Meicai (2014, Beijing, $253M) – B2B mCommerce for fruits and vegetables. Backed by Zhen Fund and Blue Lake Capital.

Finance
ProducePay (2014, Los Angeles, $9.5M) – Digital Platform for real-time tracking of produce movement and arrangement of collateral and loans. Backed by CoVenture, Menlo Ventures, Arena Ventures, Red Bear Angels, Social Leverage, and ELab.

Indoor Agriculture
AgriBusiness – Cultivation
Plenty (2013, SF, $226M) – Indoor soil-less cultivation of vegetables, leafy greens and salads. Backed by SoftBank Group, Innovation Endeavors, Bezos Expeditions, Data Collective, Finistere Ventures and DCM Ventures.
Sundrop Farms (2009, London, $100M) – Hydroponics cultivation of fruits and vegetables while using renewable energy resources in greenhouses. Backed by KKR.
AeroFarms (2004, NYC, $90M) – Cultivation of leafy greens in soil-less growth medium using aeroponics. Backed by Middleland Capital, Wheatsheaf, GSR Ventures, Mission Point Capital, Meraas and GSR Ventures.

Infrastructure – Hydroponics
GrowLife (1987, Seattle, IPO) – Provides urban hydroponic / soil-less farming systems, components and cultivation supply products. Went public in 2011.
Grodan (1969, Milton) – Vegetative and steerable substrates for indoor cultivation of horticultural crops.

Infrastructure – Lighting
Illumitex (2005, Austin, $73M) – Developer of LED lighting solutions for horticulture, industrial and other use. Backed by NEA, Morgan Creek, Apex, WPG, Syngenta Ventures.

Technology Providers – Data Collection and Analysis
Agrilyst (2015, NYC, $1M) – Software platform for farm data and analytics in indoor farms. Backed by Brooklyn Bridge Ventures, Metamorphic Ventures.

Leader board includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates visit AgriTech feed.

A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.

INTERESTING STARTUPS

PrimFace (2015, Delhi), face recognition-based customer engagement solutions provider to retailers. Founders are ex-Accenture and are alumni of Delhi University. Local comparables are Freedom Shopper (2015, Gurgaon) and Indolytics (2017, Ahmedabad). Global comparables are Tulip Retail (2013, Toronto, $42.4M) and Cheerfy (2015, London, $225k).

INDIA INTERESTING NEWS

Miklens Bio (2016, Mumbai), developer of biological products for crop protection and crop nutrition, raises $5M in funding from ASLE Technology. Link

CASHe (2016, Mumbai), short term personal loan platform, raises $3.07M in debt round of funding from IFMR Capital. Link

Sazerac Company (1850, Louisiana), alcoholic beverages company, acquires John Distilleries (1992, Bengaluru), manufacturer of Indian-made foreign liquor brand, for an undisclosed amount. Link

Paytm (2010, Delhi), mobile wallet and payments bank platform, to invest $500M to achieve the targets of 500 million KYC wallets in three years. Link

Mahindra & Mahindra (1993, Mumbai), automobile manufacturer, plans to launch GenZe(2012, Fremont), developer of electric scooters and bicycles, in India. Link

OhLook (2016, Hyderabad), provider of monthly-subscription services of fashion apparels for men, selected for the global Consumer Tech Awards 2017. Link

Omnivore Partners, Mumbai-based venture capital firm, to close half of its $90M fund by next month. Link

GLOBAL ROUNDUP

Lyft (2012, SF), on-demand taxi service provider, raises $1B in funding led by CapitalG – Alphabet’s growth investment fund. Link

Native Instruments (2000, Germany), developer of software and hardware for music production and djing, raises $59.2M in private equity round of funding from EMH Partners. Link

Eargo (2013, Mountain View), private label brand of hearing aid devices, raises up to $45M in Series C round of funding led by Nan Fung Life Sciences with participation from New Enterprise Associates (NEA), Charles and Helen Schwab, and Maveron. Link

Spoke (2016, SF), AI-based chatbot to provide enterprise information to employees, raises $28M in funding led by Accel Partners, Felicis Ventures, Webb Investment Network, Index Ventures, Spider Capital, Red Dog Capital, Greylock Partners, and others. Link

A weekly newsletter summarizing recent activity and interesting startups in South East Asia.

INTERESTING COMPANIES FOUND

Vesl (2016, Singapore) – Trade credit insurance provider. Global comparable include Tinubu (2000, Moulineaux, $84M) and Euler Hermes Digital Agency (2015, New York City).
Hellobeano (2017, Singapore) – Chatbot solution to track online store operations and metrics. Global comparable include Next IT (2002, Spokane, $8.75M) and Essential (2015, Seattle, $1M).

SEA – FUNDING UPDATES

Pixibo raises funding
Pixibo (2016, Singapore), a conversational AI based personalized fitting adviser, raises an undisclosed amount in pre-series A round from undisclosed investors.

CapBridge raises funding
CapBridge (2015, Singapore), a private market investment platform for accredited investors, raises $3M in undisclosed Series from seasoned early-stage investors and Asian Gateway Investments.

SalesCandy raises funding
SalesCandy (2016, Petaling Jaya), an app based lead management solution, raises $355k in undisclosed Series from 54 investors.

Danadidik raises funding
Danadidik (2015, Jakarta), an online lending platform for education loans, raises an undisclosed amount in undisclosed Series from Garden Impact Investments.

SEA – RECENT DEVELOPMENTS

Grab plans to spend $700M on a rental car fleet
Grab plans to take $700m in debt to expand rental car fleet.

Malaysia to introduce ‘cloud first’ strategy, to develop a national AI framework
Malaysia to introduce ‘cloud first’ strategy, to develop a national AI framework.

Marvelstone Group to launch AI hub in Singapore, will incubate 100 startups per year
Marvelstone Group to launch first of its four planned AI hub in Singapore, it plans to incubate 100 startups per year.

Nasdaq, SGX announce pact for collaborative listings
Nasdaq, SGX announce pact for collaborative listings.

Mountain Partners launches $100M fund for SE Asian startups, sets up Malaysia hub
Mountain Partners launches $100M fund for SE Asian startups, sets up Malaysia hub.

Skystar Capital to raise third fund in 2018, to target late-stage funding
Indonesia’s Skystar Capital to raise the third fund in 2018, to target late-stage funding.

Bareksa to raise funds, in talks with Chinese strategic investors
Bareksa to raise funds, in talks with Chinese strategic investors.

Tagcash targets to raise $16M via ICO
Tagcash targets to raise $16M via ICO.

RECENT NOTABLE ACTIVITY – ARTIFICIAL INTELLIGENCE

• Petuum, a Pittsburgh-based developer of distributed machine learning framework, raised $93M in a Series B round of funding participated in by SoftBank Group and Advantech Capital. Link
• FraudMetrix, a Hangzhou-based provider of AI-enabled security solutions for financial transactions, raised $72.8M in a Series C round of funding participated in by Tiantu Capital, Temasek, and B&D Capital. Link
• JingChi, an SF-based startup developing AI-enabled solutions for the mobility industry, raised $52M in a Seed round of funding participated in by Qiming Venture Partners, NVIDIA, and China Growth Capital. Link
• Feedzai, a San Mateo-based provider of AI-enabled fraud prevention software, raised $50M in Series C round of funding participated in by Oak HC/FT, Capital One Growth Ventures, Citi Ventures, and Sapphire Ventures. Link
• Onfido, a London-based provider of AI-enabled identity verification tools for enterprises, raised $30M in a Series C round of funding participated in by Crane VC, Microsoft Ventures, and Salesforce. Link
• Analytics4Life, a Toronto-based developer of AI-enabled solutions for cardiac diseases, raised $25M in a Series B round of funding. Link
• Mya Systems (formerly known as FirstJob), an SF-based provider of AI-enabled virtual recruitment assistant, raised $18M in Series B round of funding from Foundation Capital and Emergence Capital. Link
• Ever AI, an SF-based developer of a face recognition technology, raised $16M in Series B round of funding participated in by Icon Ventures, Felicis Ventures and Khosla Ventures. Link
• Drive.ai, a CA-based startup developing self-driving technology, raised $15M in a Series B round of funding from Grab. Link
• Voxelcloud, an LA-based provider of AI-enabled automated medical image analysis solutions, raised $15M in a Series A round of funding participated in by Tencent, Sequoia Capital, and NewMargin Ventures. Link
• Deep Genomics, a Toronto-based developer of deep learning technologies for precision medicine, genetic testing and diagnostics, raised $13M in a Series A round of funding participated in by Khosla Ventures and True Ventures. Link
• LeapMind, a Tokyo-based developer of deep learning powered vision solutions for enterprises, raised US$10M in Series B round of funding participated in by Intel Capital, GMO Venture Partners, Visionnaire Ventures, Itochu Technology Ventures, NTT DATA Corporation, Innovative Venture Fund Investment Limited Partnership and Archetype Ventures. Link
• ClearMetal, an SF-based provider of predictive logistics solutions, raised $9M in Series A round of funding participated in by Prelude Ventures, Innovation Endeavors, New Enterprise Associates, SAP.iO, PSA unboXed and DCLI. Link
• ROSS Intelligence, an SF-based developer of AI-enabled applications for legal research, raised $8.7M in a Series A round of funding participated in by Inovia Capital, Comcast Ventures Catalyst, Y Combinator, Real Ventures, and Nextlaw Labs. Link
• CardioLogs, a Paris-based provider of Ai-enabled automated heart screening solutions, raised $6.4M in a Series A round of funding participated in by Idinvest Partners, ISAI Gestion, Kurma Partners, Partech Ventures, and Bpifrance. Link
• TrademarkNow, a Helsinki-based provider of AI-enabled applications for trademark search and analytics, raised $3.5M in a Series B round of funding participated in by Karma Ventures and Balderton Capital. Link
• Spectee, a Tokyo-based provider of an AI-enabled social media analysis platform for news companies, raised $2.3M in a Series B round of funding participated in by YJ Capital, Kyodo News Images, Mizuho Capital, Arco partners, and Quaras. Link
• Tenstorrent, a Toronto-based developer of high-performance processor ASICs engineered for AI, raised an undisclosed amount of funding in a Series A round from Real Ventures. Link
• Trifacta, an SF-based provider of AI-enabled self-service data preparation software, raised an undisclosed amount of funding in a Series E round. Link
• Regaind, a Paris-based provider of AI-enabled technologies for Image analysis, got acquired by Apple. Link
• eBureau, a Cloud-based provider of predictive analytics solutions for finance and marketing, got acquired by TransUnion. Link
• SignalSense, a Seattle-based provider of AI-enabled enterprise threat detection solutions, got acquired by Splunk. Link
• Auro, a Santa Clara-based developer of autonomous vehicle technologies, got acquired by RideCell. Link
• Neurensic, a Chicago-based provider of AI-enabled solutions for regulatory compliance, got acquired by Trading Technologies. Link
• Verve.ai, a Toronto-based provider of an augmented intelligence platform for customer behaviour analytics, got acquired by JONES Media. Link

SOME INTERESTING STARTUPS FOUND

Prowler (2016, Cambridge, UK) – Developing AI-powered decision-making platform
iSee (2016, Cambridge, USA) – Developing new technology for self-driving vehicles
Trane AI (2017, NYC) – Developing decentralized network for AI training on the blockchain

LEADER BOARD – ARTIFICIAL INTELLIGENCE

Infrastructure – Machine Intelligence Systems
MIS – Machine Learning Platform
Sentient (2007, SF, $144M) – Provides distributed AI on large scale systems for finance and medical sectors. Backed by Tata Group, Access Industries, and Horizon Ventures.
Petuum (2016, Pittsburgh, $108M) – Developing distributed machine learning framework. Backed by SoftBank Group, Advantech Capital, Tencent, Oriza Ventures, Northern Light Venture Capital, FoundersX.

MIS – Data Science Platform
Data Robot (2012, Boston, $125M) – Provides a machine learning platform that helps enterprises build predictive models at speed. Backed by IA Ventures, NEA, Atlas Venture, Intel Capital, TechStars, Recruit Strategic Partners, Right Side Capital Management, New York Life Insurance, Accomplice.
Skytree (2012, San Jose, $19M) – Provides an advanced enterprise-grade Machine Learning platform. Backed by Javelin Venture Partners, United Parcel Service, U.S Venture Partners, Plug and Play Tech Center, Osage University Partners and In-Q-Tel.

MIS – Artificial General Intelligence
Vicarious (2010, SF, $138M) – Provides machine learning software based on neocortex learning. Backed by Samsung, Khosla Ventures, ABB Group, AME Cloud Ventures, Founders Fund, Felicis Ventures, Data Collective and others.
DeepMind (2011, London, $50M, Acq.) – Develops deep reinforcement learning based artificial general intelligence solutions. Backed by Founders Fund, Horizons Ventures, and others. Acquired by Google for $500M in 2014.

Infrastructure – Natural Language Processing
NLP – Speech Solutions
SoundHound (2005, Santa Clara, $115M) – Developer of speech recognition technology and mobile apps. Backed by Samsung, KPCB, Felicis Ventures, NVIDIA, Plug and Play Tech Center, Walden Venture Capital, Amidzad Partners, Western Technology Investment, TransLink Capital, Global Catalyst Partners, Nomura Holdings, Recruit Holdings, SharesPost, Pejman Mar Ventures, Naver, Sompo Japan Nipponkoa Insurance.
Unisound (2012, Beijing, $112M) – Provides Voice recognition and language processing technology. Backed by Qualcomm Ventures and Qiming Venture Partners.

NLP – Text Solutions
Indico Data Solutions (2013, Boston, $6M) – Provides deep learning based text analytics solutions. Backed by .406 Ventures, Two Sigma Ventures, Boston Seed Capital, General Catalyst Partners, Techstars, Rough Draft Ventures and Right Side Capital Management.
Cortical (2011, Vienna, $5M) – Provides text analytics solutions. Backed by Open Field Capital and Reventon.

NLP – NLP Platforms
Nuance Communications (1992, Burlington, IPO) – Provides various linguistic solutions including speech recognition, OCR, dictation, speech analytics, virtual assistant, etc. Backed by Intel, Mayfield, Rembrandt Venture Partners, Goldman Sachs, Morgenthaler, U.S Venture Partners, Motorola, Asset Management Ventures, Alloy Ventures, Attractor Ventures, Canvas Ventures, F-Prime Capital Partners. IPO in 2000.
Expert System (2000, Modena, IPO) – Provides semantic business intelligence solutions. Backed by IMI Fondi Chiusi SGR. IPO in 2014.

Infrastructure – Computer Vision
Computer Vision – Computer Vision Platform
SenseTime (2014, Hong Kong, $600M) – Provides face recognition APIs which developers can apply to their own websites or mobile Apps. Backed by IDG Capital Partners, CDH Investments and Dalian Wanda Group.
eyeSight (2005, Herzliya, $27M) – Provides gesture and motion tracking technology. Backed by Ceva, Mitsui & Co. Global Investment, InterCapital, BIRD Foundation, Kuang-Chi Group and MAC Fund.

Computer Vision – Face Recognition
Megvii (2011, Beijing, $145M) – Provides deep learning based APIs for face recognition, image recognition, image classification, etc. Backed by Sinovation Ventures, Qiming Ventures, Foxconn Electronics, Legend Star, Ant Group, Comet Labs.
Affectiva (2009, Waltham, $34M) – Provides deep learning based emotion detection technology. Backed by WPP, KPCB, Horizons Ventures, Fenox Venture Capital, National Science Foundation, Myrian Capital and Kantar.

Computer Vision – Object Recognition
Clarifai (2013, NYC, $41M) – Deep learning based image & video recognition API provider. Backed by Union Square Ventures, Qualcomm Ventures, New York University, NVIDIA, GV, Menlo Ventures, Lux Capital, Osage University Partners, Osage Partners, LDV Group, LDV Capital, Corazon Capital.
Cortica (2007, Ramat Gan, $38M) – Provides visual search and in-image analysing technology. Backed by Horizons Ventures, Mail.Ru Group.

Infrastructure – Autonomous Systems
CloudMinds (2015, Shenzhen, $130M) – Provides autonomous robot enablers. Backed by Walden International, Shenzhen Capital Group, SBCVC, Foxconn Electronics, Venustech, Keytone Ventures, Bojang Capital Management, Kaixuan Capital.
Drive.ai (2015, Santa Clara, $77M) – Developing artificial intelligence technology required for self-driving cars. Backed by NEA, GGV Capital, InnoSpring, Northern Light Venture Capital, Northern Light Venture Capital, and Oriza Ventures.
Neurala (2006, Cambridge, $16M) – Develops software for drone and robot autonomy. Backed by Motorola Solutions, Techstars, Orkos Capital, Pelion Venture Partners, SK Ventures, 360 Capital Partners, Right Side Capital Management, Idinvest Partners, Robolution Capital, Sherpa Capital, Draper Associates, Haiyin Capital.

Infrastructure – Enabling Technologies
Enabling Technologies – Hardware
Mobileye (1999, Jerusalem, IPO, Acq.) – Develops computer vision-based processor for advanced driver assistance systems (ADAS). Backed by Fidelity Investments, Goldman Sachs, Motorola Solutions, BlackRock, Enterprise, Colmobil Corp., The Delek Group, Eldan Car Rental, First International Bank of Israel, Wellington Management, Sailing Capital. Acquired by Intel for $15.3B in 2017.
KnuEdge (2005, San Diego, $100M) – Provides voice biometric and neural computing technology solutions. Backed by Hasso Plattner Ventures.

Enabling Technologies – Software
Trifacta (2012, SF, $76M) – Provides data preparation solutions. Backed by Accel Partners, Greylock Partners, Infosys, XSeed Capital, Data Collective, Ignition Partners, Cathay Capital, Milliways Ventures, Cathay Innovation.
Mighty AI (2014, Seattle, $27M) – Provides Training Data as a Service for AI algorithms. Backed by Accenture, NEA, Foundry Group, Intel Capital, GV, Madrona Venture Group.

Applications – Enterprise
Enterprise – BI & Analytics – Business Intelligence
Palantir (2004, Palo Alto, $2.3B) – Intelligence products to augment human-driven analysis for critical government, commercial and non-profit institutions. Backed by Founders Fund, In-Q-Tel, 137 Ventures, ARTIS Ventures, Glynn Capital Management, Reed Elsevier Ventures, Ulu Ventures, Mithril Capital Management, Benjamin Ling, Keith Rabois, Jeremy Stoppelman.
Ayasdi (2008, Palo Alto, $98M) – Machine Intelligence platform for insight discovery from large data sets. Backed by Floodgate, Citibank, General Electric, Institutional Venture Partners, Khosla Ventures, Kleiner Perkins Caufield & Byers, Draper Nexus, Centerview Capital Technology.

Enterprise – BI & Analytics – Social Media Intelligence
Dataminr (2009, NYC, $175M) – Products for real-time extraction of insights from social media data aimed at Media, Finance, and Government sectors. Backed by Carissa St Clair, Box Group, Venrock, Institutional Venture Partners, GSV Capital, Deep Fork Capital, Fidelity Investments.
NetBase (2004, Mountain View, $87M) – Provides AI-based social media monitoring platform. Backed by SAIF Partners, SAIF Partners China, Western Technology Investment, WestSummit Capital, Thomvest Ventures, MMV Financial, In-Q-Tel, ORIX Ventures, Spring Lake Equity Partners, Altos Ventures.

Enterprise – Security & Surveillance
Darktrace (2013, Cambridge, $181M) – Enterprise immune systems solutions powered by Bayesian mathematics and machine learning. Backed by Summit Partners, SoftBank, KKR, Hoxton Ventures, Talis Capital, Invoke Capital, Ten Eleven Ventures, Isomer Capital.
Cylance (2012, Irvine, $177M) – Next generation antivirus, Cylance Protect which combines pre-detection, machine learning, and secure design lifecycle solutions. Backed by Khosla Ventures, Fairhaven Capital Partners, Blackstone Group, Dell Ventures, Capital One Financial Corp, DFJ Growth.

Enterprise – Marketing
Bloomreach (2009, Mountain View, $97M) – Customer Analytics and site optimisation Intelligence Platform based on machine learning. Backed by Bain Capital Ventures, Chris P.C., New Enterprise Associates, Lightspeed Venture Partners.
Persado (2012, NYC, $66M) – Provides machine learning based Marketing Optimization platform. Backed by American Express, Goldman Sachs, Bain Capital Ventures, Citi, Eastward Capital Partners, StarVest Partners, TLcom Capital.

Enterprise – Sales
InsideSales (2004, Provo, $251M) – Predictive and Prescriptive self-learning cloud-based platform for sales lead management. Backed by Hummer Winblad Venture Partners, US Venture Partners, Zetta Venture Partners, EPIC Ventures, Kleiner Perkins Caufield & Byers, Polaris Partners, Salesforce, Microsoft.
EverString (2012, San Mateo, $79M) – Predictive analytics platform which helps B2B companies to identify and engage sales leads and new clients. Backed by Danhua Capital, IDG Capital Partners, and others.

Applications – Industry
Industry – Healthcare & Pharma
Modernizing Medicine (2010, Boca Raton, $329M) – Provides machine learning enabled electronic health records (EHR) system. Backed by IBM, Summit Partners, Silicon Valley Bank, Warburg Pincus, Pentland, Sands Capital, Sands Capital Ventures.
iCarbonX (2015, Shenzhen, $215M) – Platform to analyze omic data. Backed by Tencent, China Bridge Capital, Zhongyuan Union Stem Cell Bioengineering

Industry – Fintech
Kreditech (2012, Hamburg, $281M) – Provides machine learning enabled alternative lending solutions. Backed by IFC, Kreos Capital, Rakuten, Point Nine Capital, Amadeus Capital, Blumberg Capital, Victory Park Capital, Global Founders Capital, J.C. Flowers & Co. LLC, Global Founders Capital, Varde Partners, HPE Growth Capital, PayUbiz, Digital Pioneers.
PayEgis (2011, Suzhou, $165M) – Provides AI enabled fraud and risk management solutions. Backed by China Equity Group.

Industry – Transport
Zoox (2013, Menlo Park, $290M) – Stealth mode robo taxi startup. Backed by Draper Fisher Jurvetson, Lux Capital, Blackbird Ventures, AID Partners.
Cruise Automation (2013, SF, $18M, Acq.) – Developing advanced driver assistance systems(ADAS). Backed by Y Combinator, Qualcomm Ventures, Spark Capital, Felicis Ventures, Signia Venture Partners, Draper Associates, Homebrew, Maven Ventures, Draper Associates. Acquired by General Motors for $1B in 2016

Industry – Retail & eCommerce
Trax Retail (2010, Tel Aviv, $148M) – Provides image recognition application for retail analytics. Backed by Investec.
Blippar (2011, London, $99M) – Provide image recognition and augmented reality technology for retail industry. Backed by Qualcomm Ventures, Lansdowne Partners, Khazanah Nasional.

Industry – Advertising
RocketFuel (2008, Redwood City, IPO, Acq.) – Programmatic media-buying platform that harnesses the power of artificial intelligence to predict the right time for placement of an ad. Backed by Mohr Davidow Ventures, Labrador Ventures, Wilson Sonsini Goodrich & Rosati, DLA Piper, MF Capital, Nokia Growth Partners, Northgate Capital, Summit Partners, Cross Creek Capital, Comerica Bank. IPO in 2013. Acquired by Sizmek.
Appier  (2012, Taipei, $83M) – Provides AI-enabled platform for reporting and analytics for cross-screen targeted advertising. Backed by SoftBank Group, LINE, NAVER Corp, EDBI, AMTD Group, Pavilion Capital Partners, WI Harper Group, FirstFloor Capital, Qualgro GP, JAFCO Asia, MediaTek, Sequoia Capital, TransLink Capital, UOB Venture Management, UMC Capital, Fontaine Capital.

Industry – Education
Knewton (2008, NYC, $157M) – Adaptive learning technology provider for personalized learning. Backed by Accel Partners, First Round Capital, Bessemer Venture Partners, FirstMark Capital, Founders Fund, Pearson, Atomico, GSV Capital, Silicon Valley Bank.
Declara (2012, Palo Alto, $30M) – Social learning platform which connects people to a large amount of content using machine learning algorithms. Backed by Founders Fund, Data Collective, EDB Investments.

Industry – Agriculture
The Climate Corporation (2006, SF, $109M, Acq.) – Integrated platform providing hardware and software for farm and weather data analytics. Backed by Founders Fund, Google Ventures, New Enterprise Associates, CODE Advisors, Allen & Company, Anthemis Group, Felicis Ventures, Glynn Capital Management, Khosla Ventures, SV Angel, Joshua Schachter, Howard Morgan, Index Ventures. Acquired by Monsanto for $930M in 2013.
Blue River Technology (2011, Sunnyvale, $30M, Acq.) – Provides hardware which uses computer vision and robotics in fields for yield optimization, elimination of weeds and unwanted plants. Backed by Khosla Ventures, Innovation Endeavors, Data Collective, Stanford A&E, Ulu Ventures. Acquired by John Deere for $305M in 2017.

Industry – Legal
FiscalNote (2013, Washington D.C., $28M) – Real-time government regulations analysis platform. Backed by NEA, AME Cloud Ventures, University of Maryland, Dorm Room Fund, Plug, and Play Tech Center, Middleland Capital, Winklevoss Capital, Renren, Conversion Capital, GIC, Green Visor Capital, Visionnaire Ventures, 645 Ventures, SF Capital, Fresh, QueensBridge Venture Partners, Perle Ventures, Enspire Capital.
Casetext (2013, Palo Alto, $21M) – Provides AI enabled legal research platform. Backed by Y Combinator, SV Angel, Union Square Ventures, Crosslink Capital, A-Grade Investments, Formation 8, Susa Ventures, Canvas Ventures, Red Sea Ventures, BoxGroup, 8VC.

Applications – Consumer
Consumer – Virtual Assistant
Viv Labs (2012, San Jose, $30M, Acq.) – Developing advanced conversational interfaces and assistants. Backed by Horizons Ventures, Pritzker Group, Iconiq Capital, the OS Fund. Acquired by Samsung in 2013.
Siri (2007, San Jose, $24M, Acq.) – Intelligent virtual assistant that has a natural language interface to answer questions, make recommendations and perform actions by delegating requests to web services. Backed by Morgenthaler Ventures, Menlo Ventures, SRI International, Horizons Ventures. Acquired by Apple in 2010.

Consumer – Intelligent Devices
Roobo (2014, Beijing, $141M) – Develops intelligent robots, VR and UAVs. Backed by iFLYTEK.
Jibo (2012, Boston, $68M) – Develops intelligent social robot. Backed by Charles River Ventures, Flybridge Capital Partners, RRE Ventures, Fenox Venture Capital, Fairhaven Capital, Formation 8, Osage Partners, Acer, KDDI Corporation, LG U Plus, Samsung Venture Investment, Global Brain, Netposa Technologies, Dentsu Ventures.

Consumer – Recommender Systems
SwiftKey (2008, London, $21M, Acq.) – Provides predictive keyboard application for mobile. Backed by Accel Partners, Index Ventures, Octopus Ventures, Cambridge Capital Group, Octopus Investments. Acquired by Microsoft in 2016 in $250M.
Notion (2014, Ann Arbor, $10M) – Mobile application for eMail Inbox optimization for iOS and Android. Backed by Accel Partners, Silicon Valley Bank, Hyde Park Venture Partners, Drive Capital.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates visit Artificial Intelligence feed.

RECENT NOTABLE ACTIVITY – LEGAL TECH

• Vector Legal Method, a civil litigation analytics platform raises $1.14M in funding from undisclosed investors. Link
• Court Buddy, an attorney matching platform for corporates raises $1M in financing led by LDR Ventures. Link
• Ross Intelligence, an AI-based legal research platform lands $8.7M in a Series A funding round. Link
• Libryo, a legal regulations and compliance management software raises $1M in seed funding. Link
• Trademark Now, a web-based trademark management platform raises $3.54M in a new funding round. Link
• Ironclad, a contract management platform raises $8M in a Series A round. Link
• DTI Acquires Australian eDiscovery and eTrials Company NuLegal. Link
• Forensic Logic, a search engine platform for law enforcement agencies lands $20M growth investment from Mainsail Partners. Link
• IamIP, a patent analytics platform raises $983K in seed funding from Senovo Capital Management. Link
• CPA Global, a web-based IP management software acquired by LA-based private equity firm Leonard Green & Partners for a reported $3.1B. Link

SOME INTERESTING STARTUPS FOUND

Agrello (2017, Tallinn) – An AI-powered platform for creating legally binding contracts. 
Attores (2016, Singapore) – Smart contracts as a service through the use of blockchain technology.

LEADER BOARD – LEGAL TECH

Enterprise Legal Management(Suite)
ThomsonReuters (1800, NYC, IPO) – Legal solutions includes LPM for Enterprise and SMEs, Westlaw for LegalResearch, Findlaw for Lawyers directory and Online Legal Forms. Went IPO in 1984. 
LexisNexis (1973, Albany) – A member of Reed Elsevier, provides content-enabled workflow solutions including LegalResearch, Litigation Support, Legal Practice Management(LPM), IP management.

eDiscovery
Epiq (1988, Kansas City, IPO) – eDiscovery web-based technology products and legal services. Went IPO in 1997. Got acquired by PE funds for a $1B deal.
Kcura (2001, Chicago, $125M) – Litigation suite for information collection, legal hold, review, production and analysis. Backed by Iconiq Capital.

Legal Practice Management
Clio (2007, Vancouver, $26M) – LPM suite for solo lawyers and smaller law firms to manage cases, clients, documents, appointments and billing. Backed by BVP, Point Nine Capital, Version One Ventures.
Total Attorneys (2002, Chicago, $15M, Acq.) – Provides LPM and marketing and leads generation for attorneys. Acquired by Internet Brands in 2015.

Legal Research – Q&A Forum
Casetext (2013, Palo Alto, $21M) – A community site for attorneys to share knowledge. Gives users free access to legal texts annotated by attorneys. Backed by YCombinator, BoxGroup, Formation 8, Union Square Ventures.

Legal Research – Analytics
LexMachina (2009, Menlo Park, $10M, Acq.) – Provides Intellectual Property (IP) litigation data and predictive analytics using Big Data to solve patent lawsuits. Acquired by LexisNexis in 2015.
RavelLaw (2012, Palo Alto, $9M) – Legal research platform that provides citation based analytics to inform litigators about cases and judges. Backed by NEA, North Bridge VP, Experiment Fund.

Legal Documents/Forms
LegalZoom (2001, Glendale, $266M) – Provides online legal document and legal consultation services for incorporating business, running business, wills, trust including plans for families and SMEs. Backed by Permira, Polaris VC, KPCB, IVP.
RocketLawyer (2008, SF, $53M) – Provides online legal forms for SMEs and families. Backed by LexisNexis, Investor Growth Capital, August Capital, GV and Industry Ventures.

Legal Contract Management
SpringCM (2005, Chicago, $113M) – Provides workflow automation and document management for legal and sales team. Backed by Foundation Capital, North Bridge.
Icertis (2009, Seattle, $46M) – Contract management solutions for enterprises. Backed by Greycroft Partners, Fidelity Growth Partners India, Ignition Partners and Eight Roads Ventures. 

IP Management
Anaqua (2004, Boston, $125M) – IP management system to support IP strategies and managing inventions, patents and other intellectual assets. Backed by Insight Partners and BVP.
Lecorpio (2006, Fremont, $25M) – Provides IP management to track workflow between inventors and attorneys of patent and trademark activities. Backed by Msquaredo incorporated. 

Lawyers Marketplace
Avvo (2007, Seattle, $132M) – Provides legal Q&A forum, lawyer’s directory, lawyer review forum and marketplace for legal advice on a fixed rate basis. Backed by Benchmark Capital, Ignition Partners and DAG Ventures.
Upcounsel (2012, SF, $14M) – Marketplace for on-demand legal services for projects like business formation, compliance, trademark registration . Backed by Homebrew, SV Angel, Collaborative Fund, AngelPad, Metamorphic Ventures and Crosslink Capital.

Lawyers Social Network
Foxwordy (2012, Palo Alto, $800K) – Private Social Network for Lawyers.
Wirelawyer (2012, NYC, Undisclosed) – Linkedin for Lawyers. It is a community of Attorney only for refferal networking. Backed by Dreamit Ventures. 

Law Enforcement
Mark43 (2012, NYC, $40M) – Platform that supports law enforcement, allowing police to collect, manage, analyze and share information. Backed by SV Angel, Goldman Sachs, Spark Capital, General Catalyst Partners, Rough Draft Ventures, Lowercase Capital, Innovation Endeavors, Allen & Company, Launchpad LA, Govtech Fund and Sound Ventures. 
FiscalNote (2013, NYC, $28M) – Real-Time Government Regulations Analysis Platform. Backed by  NEA, Plug and Play Tech Center, Middleland Capital, Winklevoss Capital, Conversion Capital, Visionnaire Ventures, 645 Ventures, SF Capital.

Leader board includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.

INTERESTING STARTUPS

Flink (2016, Bangalore), developer of smart sensor-based badminton device for performance analysis. Local comparables are StanceBeam (2015, Bangalore) and Str8bat (2017, Bangalore). Global comparables are Zepp (2011, San Jose, $20M) and PIQ (2009, Lausanne, $5.5M).

INDIA INTERESTING NEWS

RAW Pressery (2013, Mumbai), private label brand of cold pressed juices and cleansers, raises $6M in funding from Sequoia, Saama Capital and DSG Consumer Partners. Link

RECENT NOTABLE ACTIVITY – FOOD TECH

• Deliveroo, a restaurant food delivery startup, raised $385M in a Series F round led by T. Rowe Price and Fidelity at the valuation of over $2B. Link
• Zume Pizza, a robot-based pizza making startup, raised $48M in a Series C round. Link  
• Ritual, a food ordering platform for takeaways, raised $43M in a Series B round led by Insight Venture Partners. Link
• MealPal, a subscription-based marketplace to pickup food from partnered restaurants, raised $20M in a Series B round led by Menlo Ventures and participation from existing investors. Link
• Gobble, a meal kit delivery startup, raised $15M in a Series B round led by Khosla Ventures. Link
• Fooda, a food delivery provider at office place, raised $12.5M in a Series C round led by Valor Equity Partners. Link
• Fingerlix, a ready-to-cook food product brand, raised $6.9M in a Series B round from led by Accel Partners. Link
• TableSafe, a provider of “at the table” payment platform to the restaurants, raised $5.8M in a Series C round. Link
• Allset, a platform to pre-order food at the restaurants, raised $5M in a Series A round from Greycroft Partners and Andreessen Horowitz. Link
• EazyDiner, a platform for booking table at restaurants, raised $4.6M in a Series B round from new and existing investors. Link
• Menu Group, a food delivery platform in Eastern Europe, raised $3M in a Series A round led by Perea Capital and SOLventures. Link
• Bim, a restaurant reservation app, raised $2.95M in an Angel round from several angel investors, including Blablacar cofounder Frédéric Mazzella and Havas Group CEO Yannick Bolloré. Link
• WisePass, a membership-based bar aggregator platform, raised $400k in a Seed round led by Expara Ventures. Link
• Sea, a conglomerate of digital platform based businesses, acquired 82% stake in Foody, a restaurant discovery platform for $64M. Link
• TerraVia, a manufacturer of microalgae-based food ingredients, acquired by Corbion, a biotech company, for $20M. Link
• Yumist, a food delivery and cloud-kitchen startup, ceased operations due to lack of funding. Link
• Delivery Hero’s revenue increased by 66% and loss margin decreased from 47% to 18% in the 1st half of 2017 on an y-o-y basis. Link   

RECENT NOTABLE ACTIVITY – IT OPERATIONS

• LogTrust, which provides an IT Operational Analytics platform, raises $35 M in Series B funding led by Insight Venture Partners. Link
• OpsRamp, which provides a platform for monitoring the IT infrastructure in an enterprise, raises $20 M in Series C funding from Sapphire Ventures. Link
• Apica, which provides a website monitoring platform, raises $12 M in Series D funding led by Oxx and participation from existing investors Nordic VC Industrifonden, SEB Venture Capital and KTH Chalmers Capital. Link
• Blue Medora, which provides an application performance monitoring platform, raises $8 M in Series B funding from an undisclosed investor. Link
• DivvyCloud, which offers a cloud governance platform, raises $6 M in Series A funding from RTP Ventures. Link
• Stackify, which provides a cloud-based platform for application performance management, raises $1.5 M in Series A funding from undisclosed investors. Link
• Spibackup, which provides cloud-to-cloud backup services for enterprises using Google Apps, raises $500 K in seed funding led by Aventus Capital. Link
• Datadog acquires Logmatic, a log management platform provider, for an undisclosed amount. Link
• Avi Networks acquires StacksWare, the provider of an agent-less software asset management platform, for an undisclosed amount. Link

 SOME INTERESTING STARTUPS FOUND

Simian CI (2017, Jalisco) – software for testing the infrastructure related to applications.

LEADER BOARD – IT OPERATIONS

Event Processing
Datadog (2010, NYC, $147M) – SaaS based metrics & event monitoring and analytics solution. Backed by OpenView VP, Index Ventures, RTP Ventures, Amplify Partners, IA Ventures, Contour VP, RRE Ventures, NYC Seed and Neu VC.
Moogsoft (2011, SF, $53M) – Machine-learning based event & alert management and collaboration solution. Backed by Redpoint Ventures, Northgate, Wing VC, Cisco Investments, Singtel Innov8, and Mosaic Ventures.
Zenoss (2005, Annapolis, $46M) – Open source IT management and monitoring company. Provides agentless event collection solutions that integrates events, faults, errors, and alerts from every system and source. Backed by Maryland Department of Business and Economic Development, Boulder Ventures, Amplifier VP, InterSouth Partners, Grotech Ventures and Summit Partners.
BigPanda (2012, Tel Aviv, $29.5M) – Provides data analytics based automated IT incident management solution. Backed by Sequoia, Battery Ventures and Mayfield Fund.

Anomaly Detection
Netuitive (1997, Reston, $43M) – Provides behavior analysis based alerting & performance management solutions. Backed by Noro-Moseley Partners, Flagship Ventures, BVP, Columbia Capital, Cross Creek Capital, MK Capital, Thomas Weisel VP and Rembrandt VP.
Numenta (2005, Redwood City, $30M) – Machine intelligence software providing anomaly detection and text analytics.
OpsClarity (2013, Sunnyvale, $22M) – Monitoring and Anomaly detection for web-scale apps by maintaining an Operational Knowledge Graph of the application infrastructure. Backed by NEA, Pinnacle Ventures, AME Cloud Ventures and Morado VP.

Operational Analytics
Splunk (2003, SF, IPO) – Operational intelligence software used to monitor, report and analyze real-time machine data and historical data–located on-premise or in the cloud. Went public in 2012.
Nexthink (2004, Prilly, $65M) – Machine learning based end-user monitoring, threat detection and analytics. Backed by Waypoint Capital, VI Partners, Highland Europe, Mannai, Galeo Ventures and Auriga Partners.
Blazent (2000, San Mateo, $41M) – Provides a Data Intelligence Platform that includes a big data engine and patented Data Evolution Process, giving insights into IT data. Backed by StarVest Partners, Bain Capital Ventures, Benchmark, Pequot Capital Management, LinkSV, HighBar Partners, Catamount Ventures, Walden Venture Capital and Keynote Ventures.
SignalFx (2013, San Mateo, $28.5M) – Provides time series DB based advanced monitoring platform for applications. Backed by a16z and Charles River Ventures.

Monitoring – APM
AppDynamics (2008, SF, $314.5M, Acq.) – Application performance management solution that simplifies the management of complex, business-critical apps. Backed by LSVP, Greylock, IVP, KPCB and Silicon Valley Bank and acquired by Cisco in 2017.
New Relic (2008, SF, IPO) – SaaS based web and mobile application performance management provider for the cloud and datacenter. Went public in 2014.
Riverbed (2002, SF, IPO, Acq.) – WAN Optimization and application performance platform. Went public in 2006 and acquired by Thoma Bravo in 2015.

Monitoring – NPM
SolarWinds (1999, Austin, IPO) – Develops software for managing networks – LANs, WANs, network configuration, network traffic and bandwidth, VoIP, IP addresses. Went public in 2009.
SevOne (2005, Wilmington, $202M) – Delivers fast, scalable, and comprehensive real-time monitoring, troubleshooting and performance reporting solution to ensure application performance and reliability. Backed by Osage Partners, Bain Capital, Westfield Capital Management, Brookside Capital and HarbourVest Partners.

Monitoring – IPM
Virtual Instruments (2008, San Jose, $86M) – Analytics platform for Infrastructure Performance Management, servicing workloads residing on physical, virtual, or cloud computing infrastructure. Backed by Next World Capital, General Catalyst Partners, LSVP, Riverwood Capital, HighBar.
Groundwork (2004, SF, $29M) – Integrates availability, performance and event data together, providing of infrastructure availability and performance metrics. Backed by Canaan Partners, Mayfield Fund, Jafco Ventures and Sapphire Ventures.
AccelOps (2007, Santa Clara, $15M, Acq.) – Virtual appliance software manages security, network performance and compliance. Automatically discovers, analyzes and automates IT issues in machine and big data across organizations’ data centers and cloud resources. Acquired by Fortinet in 2016.

Monitoring – CPM
CloudHealth Technologies (2012, Boston, $40M) – Provides a SaaS software CloudHealth, a Business Performance Management software product for the cloud. Backed by .406 Ventures, Sigma Prime Ventures, Timo Lehes – ScaleVC and Sapphire Ventures.
CliQr (2010, Santa Clara, $39M) – Provides hybrid cloud-application migration and management solutions. Backed by Google Ventures, Foundation Capital, Translink Capital and Polaris Partners.

Monitoring – Website
Gomez (1997, Lexington, $66M, Acq.) – Web performance monitoring solutions for optimizing the performance, availability, and quality of web and mobile applications. Acquired by Compuware in 2009.
Catchpoint Systems (2008, NYC, $39M) – Provides real time analytics in the end to end website performance. Backed by Battery Ventures and Silicon Valley Bank.

Monitoring – Server
Librato (2008, SF, $29M, Acq.) – Real-time monitoring that accepts metrics from any source for real-time aggregation and transformation, anomaly detection, alerting, visual analysis and storage. Acquired by SolarWinds in 2015.

Monitoring – Database
Datavail (2007, Broomfield, $61M) – Provides remote database management services along with design and architecture, database administration, outsourcing services. Backed by Boulder Ventures, Meritage Funds, Montis Capital and Catalyst CTMS.
SQL Sentry (2004, Huntersville, $25M) – Offers a suite of products for performance monitoring, tuning, job scheduling, and alerting for SQL Server, SSIS, SSRS and Windows. Backed by Mainsail Partners.

Management – Log
Sumo Logic (2010, Redwood City, $160.5M) – Cloud-based service provides customers with real-time interactive analytics at petabyte scale. Backed by Sequoia Capital, Accel Partners, Greylock, Sutter Hill Ventures, DFJ Growth and IVP.
Loggly (2009, SF, $43M) – Provides cloud-based log management service. Backed by Trinity Ventures, Cisco, Data Collective, True Ventures, Matrix Partners, Harmony Partners and True Global Ventures.

Management – Server
Intigua (2010, Herzilya, $30M) – Provides software defined & policy driven server management tools. Backed by Intel, BVP and Cedar Fund.
UXcomm (2002, Beaverton, $28.2M) – Provides software products to monitor, control and optimize virtual and physical server environments. Backed by Foundation Capital, OVP Venture Partners and Intel Capital.

Management – Disaster Recovery
StorageCraft (2003, Draper, $187M) – Provider of backup solutions, disaster recovery, system management and virtualization solutions. Received PE of $187M in January 2016.
Zerto (2009, Herzilya, $130M) – Disaster Recovery for virtualized environments. Backed by IVP, Access Industries, 83 North, Battery, Harmony VP, USVP, Greylock, Charles River Ventures, Claltech and RTP Ventures.

Infrastructure Orchestration
Chef (2008, Seattle, $105M) – Provides IT automation for speed and creating a model for automating IT infrastructure and applications. Backed by Draper Fisher Jurvetson, Ignition Partners, Battery Ventures, Webb Investment Network, Scale VP, Citibank, Amplify Partners, DFJ Growth and Millennium Technology VP.
Puppet Labs (2005, Portland, $85.5M) – Provides configuration management tool. Backed by True Ventures, KPCB, GV, VMware, Cisco and Triangle Peak Partners.

IT Automation
Arago GmbH (1995, Frankfurt Am Main, $55M) – Enterprise automation solution based on AI and machine learning technology. Backed by Kohlberg Kravis Roberts & Co.
Enigmatec ( 2002, London, $32.50M) – Enterprise data center automation solution. Backed by Amadeus Capital, Herald Investment Management, Pentech Ventures and Intel Capital.

ITSM
Troux (2001, Austin, $355M, Acq.) – IT Planning and asset management platform. Acquired by PlainView in 2015.
Apptio (2007, Washington D.C., $136M) – Provides cloud-based technology for business management (TBM) applications. Backed by a16z, Shasta Ventures, Madrona Venture Group, Greylock, Cisco, T. Rowe Price, Janus, The Hillman Companies, 137 Ventures and SharesPost.
LogicNow (2004, Dundee, $82M, Acq.) – Cloud-based ITSM solution. Acquired by SolarWinds in 2016.
Solidcore System (2002, Cupertino, $45M, Acq.) – Provides software for change management auditing, configuration control, PCI compliance and system lockdown. Acquired by McAfee in 2009.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit IT Operations feed.

A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.

INTERESTING STARTUPS

Chromo (2016, Bangalore), platform to capture mobile application usage pattern. Founders are ex-Citrus, RedCastle, OyeParty, BigPaa, Aloha technologies and are alumni of IIT Kharagpur. Local comparables are Cogknit (2009, Bangalore) and Appice (2015, Gurgaon). Global comparables are MixPanel (2009, SF, $77M) and Emma (2012, Barcelona, $5M).

INDIA INTERESTING NEWS

A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.

INTERESTING STARTUPS

VinCense (2016, Chennai), wireless health monitoring system. Founder is ex-Texas Instruments, VinChip Systems and is an alumnus of Portland State University. Local comparable is Persono (2015, Delhi). Global comparables are iBeat (2016, SF, $4.5M) and Snap40 (2014, Glasglow, $2.45M).

INDIA INTERESTING NEWS

Grofers (2013, Delhi), online horizontal retailer and on-demand delivery marketplace for groceries, raises $14.7M in funding from Grofers International. Link

BigBasket (2011, Bangalore), online retail store for grocery shopping, raises $5M in funding from Helion Ventures. Link

Skillenza (2017, Bangalore), online technical recruitment platform and code-challenge community, raises $4.2M in Seed round of funding led by Blume Ventures and Indian Angel Network. Link

SpotDraft (2016, Gurgaon), cloud-based contract creator and invoice sending platform, raises $550k in Seed round of funding from Hunch Ventures, 500 Startups and others. Link

Zoho (1996, Chennai), online business apps suite for SMBs, launches agile project management software Zoho Sprints. Link

Paynear (2013, Hyderabad), provider of mPOS solutions, to launch an Android-enabled Smart PoS. Link

Andhra Angels,  Hyderabad based venture capital firm, to invest $15.3M in startups. Link

GLOBAL ROUNDUP

Skybox Security (2002, San Jose), risk analytics platform for cyber security, raises $150M in growth funding led by CVC Capital Partners’ Growth Fund, with participation from Pantheon. Link

Klook (2014, Hong Kong), online marketplace for unique travel experiences and activities, raises $60M in Series C round of funding led by Sequoia China, Goldman Sachs, Matrix Partners, with participation from various Asia-based family funds through global OurCrowd. Link

Credit Sesame (2010, Mountain View), personal finance management and price comparison platform of financial products, raises $42M in growth funding from Menlo Ventures, Inventus Capital, Globespan Capital, IA Capital, SF Capital, along with a strategic investor and others. Link

European Investment Bank, invests $25M in Italia Venture I Fund, the co-investment fund managed by Invitalia Ventures, Roma based venture capital firm. Link

CapHorn Invest, France based venture capital firm, closes its second fund, at $153M. Link

A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.

INTERESTING STARTUPS

DeeDee Labs (2016, Pune), developer of affordable non-invasive myoelectric limbs. Founders are ex-Capillary Technologies, Seagate Technology and are alumni of IIT Kharagpur. Global comparables are Exiii (2014, Tokyo, $30.3k) and Hy5 (2015, Oslo).

INDIA INTERESTING NEWS

OfBusiness (2015, Gurgaon), online B2B marketplace of construction supplies, raises $3.8M in debt round of funding from Kotak Mahindra Bank. Link

Original4Sure (2015, Gurgaon), platform for customer engagement and to combat counterfeiting of branded products, raises $400k in funding led by Venture Highway, Startup Buddy and Nirav Chokshi. Link

ShieldSquare (2013, Bangalore), provider of automated protection solution against bot attacks and scrapping for websites, raises an undisclosed amount in Series A round of funding led by Endiya Partners and RPG Ventures. Link

Olly-credit (2015, Delhi), digital micro-credit card provider, raises an undisclosed amount in Seed round of funding from Japan’s Incubate Fund. Link

Espacio Incubator (2012, Medellin), Medellin-based startup incubator, acquires The TechPanda (2012, Bengaluru), digital platform providing technology, gadget and startup news, for an undisclosed amount. Link

Lendingkart (2014, Ahmedabad), online platform providing working capital for SMBs in India, partners with TransUnion CIBIL (2000, Mumbai), credit information company, to offer loans on CIBIL’s marketplace. Link

TripAdvisor (2000, New Jersey), online travel guide and research platform, partners with Djubo (2014, Delhi), cloud-based sales platform for hotels, to improve discovery of budget hotels in its platform. Link

EarlySalary (2015, Pune), NBFC linked lending platform for consumer loans, launches its operations in Chandigarh & Mangalore. Link

GLOBAL ROUNDUP

Lendified (2015, Toronto), platform for providing fixed rate working capital loans to small businesses, raises $60M in debt round of funding from Clearflow. Link

Amperity (2015, Seattle), provider of data-first application for marketing, raises $28M Series B round of funding led by Tiger Global Management with participation from existing an investor Madrona Venture Group. Link

Threadless (2000, Chicago), online retailer of apparels and accessories with community-based design, acquires BucketFeet (2010, Chicago), private label brand of designer footwear, for an undisclosed amount. Link

ServiceNow (2004, Santa Clara), PaaS for enterprise IT management and service management solutions, acquires SkyGiraffe (2012, San Mateo), SaaS platform to develop customized job-specific apps, for an undisclosed amount. Link

Kayne Partners, Los Angeles based venture capital firm, closes growth private equity fund, at $385M. Link

A weekly newsletter summarizing recent activity in the Chinese startup ecosystem.

DEALS OF THE WEEK

Tencent Leads $4B Round In China’s On-Demand Local Services Firm Meituan-Dianping
Meituan-Dianping (2015, Beijing), an on-demand local services platform, raises $4B in a new funding round led by Tencent Holdings Ltd. The round values the company at $30B up 66.6% from its previous valuation of $18B in January 2016.

INTERESTING FUNDRAISING ACTIVITY IN CHINA

Xiaomi-Backed Scooter Maker Ninebot Raises $100M Round From Chinese State-Owned Funds
Ninebot (2012, Beijing), a personal transportation robot maker, raises $100M in Series C round led by SDIC Fund Management Company Ltd. and China Mobile Innovation Industry Fund.

Intel Capital To Lead $100M Round In Horizon Robotics
Horizon Robotics (2015, Beijing), a robotics chip developer, raises $100M in Series A+ round led by Intel Capital, and Intel Corporation.

Sequoia, Matrix Lead $60M Round In Hong Kong Travel Booking Platform Klook
Klook (2014, Hong Kong), a travel activity booking platform, raises $60M in Series C round led by Sequoia Capital China, Matrix Partners and Goldman Sachs. Several unnamed Asia-based family funds also participated in the round.

Alibaba HK Entrepreneurs Fund Co-Leads $40M Round In Prenetics
Prenetics (2009, Hong Kong), a genetics-focused digital health company, raises $40M in Series B led by Alibaba Hong Kong Entrepreneurs Fund and Beyond Ventures.

Sinovation Ventures leads $40m Series B in m-commerce startup Huajuan
Huajuan Mall (2016 , Beijing), an online video and m-commerce platform, raises $40M in Series B led by Sinovation Ventures.

Ant Financial, Samsung Lead $40M Round In Chinese Deep Learning Firm DeePhi
DeePhi (2016, Beijing), an AI-based startup providing neural network architecture to accelerate deep learning applications, raises $40M in Series A+ round led by Ant Financial, and Samsung.

IDG, Qiming Lead $12.8M Round In Chinese Podcast Services Platform Castbox
Castbox (2015, Chaoyang), a podcast services platform, raises $12.8M in Series A round led by IDG, and Qiming.

Overseas Investments and Acquisitions by Chinese

Mason Group eyes Europe’s wealthy with $60M Liechtenstein private bank buy
Mason Group Holdings, a Hong Kong based financial services firm, acquires Liechtenstein based bank Raiffeisen Privatbank Liechtenstein, for $60M.

RECENT NOTABLE ACTIVITY – INSURANCE TECH

• The Guarantors, US-based Rental lease guarantee provider raises $12M in Series A round of funding from White Star Capital, SilverTech Ventures, Global Founders Capital, Partech Ventures. Link
• RenewBuy, India-based online motor insurance comparison provider raises $9.2M in Series B round of funding from Amicus Capital. Link
• Policybazaar, India-based online insurance aggregator raises $77M in Series E round of funding from True North, IDG Ventures India, Temasek, Tiger Global Management, Premji Invest, Wellington Management, Info Edge. Link
• ValueInsured, US-based home down payment protection plan raises $6.5M in Series A round of funding from Everest Re Group and Houston International Insurance. Link
• Slice Labs, US-based on-demand insurance platform for sharing economy raises $11.6M in Series A round of funding from XL Innovate, Horizons Ventures, Munich Re, Sompo Japan Nipponkoa Insurance, Plug and Play Tech Center, Tusk Ventures. Link
• Premfina, UK-based insurance finance solution provider raises $36M in equity and debt funding from Draper Esprit, Rakuten, Thomvest Ventures, Emery Capital, Rubicon Venture Capital, Talis Capital. Link
• Tinubu, France based credit insurance suite provider raises $62.6M in Series C round of funding from Long Arc Capital and Bpifrance. Link
• Ensurem, US-based insurance marketplace for life and health products raises $12M in Series A round of funding from A-CAP. Link
• Guidewire Software, US-based provider of software products to Property and Casualty (P&C) insurers acquires Cyence, US-based provider of data science and risk analytics that enables enable P&C insurers to underwrite cyber risk and new forms of business interruption risk for $275 million. Link 

SOME INTERESTING STARTUPS FOUND

Crowdheros (2017, Berlin) – Community driven insurance distribution platform. Crowdheros enables insurers to acquire multiple customers together at a much lower cost. Policy buyers are also benefited as some the cost-saving benefit is passed on to them.
SkyBrella (2017, Menlo Park) – Data provider for disaster risk assessment and damage calculations. Uses a network of SAR Satellites along with deep learning algorithms to measure damage remotely.

LEADER BOARD – INSURANCE TECH

Internet-first Insurers
Oscar (2012, NYC, $728M) – Internet-first health insurer that rewards users with Amazon gift cards on successful completion of pre-defined milestones. Backed by Fidelity Investments, General Catalyst Partners, Founders Fund, Lakestar, Khosla Ventures, Thrive Capital, Ping An Ventures, CapitalG, Wellington Management, Goldman Sachs, Red Swan Ventures, BoxGroup, Glynn Capital, Western Technology Investment, Formation 8, Breyer Capital, Darwin Ventures, The Cambria Group, Lerer Hippeau Ventures, Nima Capital, 8VC, Brainchild.
Clover Health (2014, SF, $425M) – Data-driven health insurance provider for senior citizens. Backed by GV, Greenoaks, First Round Capital, Sequoia Capital, AME Cloud Ventures, Spark Capital, Arena Ventures, Casdin Capital, Floodgate Fund, Nexus Venture Partners, Refactor Capital, Wildcat Venture Partners, Athyrium Capital Management, Grape Arbor, Toba Capital, Hone Capital, Brainchild.

Employer Insurance
Zenefits (2013, SF, $584M) – Employer insurance broker that offers free HR, payroll, and benefits management software to organizations of every size. Backed by Fidelity Investments, IVP, Founders Fund, Khosla Ventures, Andreessen Horowitz, Insight Venture Partners, Sound Ventures, TPG, FJ Labs, SV Angel, Maverick Capital, Venrock, General Catalyst Partners, Y Combinator, Comcast Ventures, EPIC Venture Fund, TrueBridge Capital Partners, Foresite Capital, Canvas Ventures, Goodwater Capital, Team In Residence, Otter Rock Capital, Initialized Capital.
Gusto (2011, SF, $176M) – Cloud-based HR and benefits administration software provider. Backed by General Catalyst Partners, Obvious Ventures, CapitalG, Emergence Capital, KPCB, GV, Ribbit Capital, Salesforce, Sherpalo Ventures, Y Combinator, Data Collective, Glynn Capital, Western Technology Investment, Rothenberg Ventures, Entree Capital, Homebrew, Designer Fund, Y Ventures, Aspect Ventures, Pivot Investment Partners, Cota Capital, Pear Ventures, Hone Capital, Brainchild.
Namely (2012, NYC, $158M) Cloud-based HR and benefits management platform. Backed by Altimeter Capital, Scale Venture Partners, Sequoia Capital, Matrix Partners, True Ventures, Greenspring Associates, Lerer Hippeau Ventures, Vayner/RSE, Bullpen Capital, Four Rivers Group, Ingram Enterprise.

Distribution Platforms
eHealth (1997, Mountain View, IPO) – Online marketplace for health insurance plans for small businesses, individuals, and families. Also, provides Medicare quotes and purchasing options. Went public in 2006.
Insplanet (1999, Stockholm, IPO) – Online insurance comparison and shopping platform featuring quotes from providers across Sweden. Went public in 2006.
PolicyBazaar (2008, Gurgaon, $164M) – Online insurance comparison platform. Backed by True North, IDG Ventures India, Temasek, Tiger Global Management, Premji Invest, Wellington Management, Info Edge India, Steadview Capital, Ribbit Capital, ABG Capital, Intel Capital, Inventus Capital Partners.
Trov (2012, Danville, $90M) – Online platform to buy insurance policies on-demand. Backed by Anthemis Group, Guidewire Software, Munich Re, Suncorp, Suncorp Group, Oak HC/FT, Pivot Investment Partners, Clark Enterprises.
Goji (2007, Boston, $90M) – Online platform to compare property and casualty insurance policies. Backed by Village Ventures, Five Elms Capital, Thayer Street Partners and Spark Capital.

Enablers
Guidewire (2001, San Mateo, IPO) – Web-based technology solutions provider to the property & casualty and workers’ compensation insurance industry. Went public in 2012.
iPipeline (1995, Exton, $104M, Acq.) – Sales distribution software suite provider. Acquired by Thoma Bravo in August 2015.
Vlocity (2014, San Francisco, $93M) – Omnichannel cloud software for delivering industry-specific experiences to customers. Backed by Accenture, Salesforce, Sutter Hill Ventures, TDF Ventures, Kennet Partners, New York Life Insurance, Wildcat Venture Partners.
Tinubu (2000, Moulineaux, $84M) – Cloud-based credit insurance suite. Backed by Long Arc Capital, Bpifrance, FSI, and Gimv.
GreenRoad (2006, San Jose, $84M) – Telematics solution for auto insurance using web apps. Backed by Amadeus Capital Partners, Virgin Green Fund, Benchmark, Balderton Capital, DAG Ventures, Generation Investment Management, Israel Growth Partners and Balderton Capital.

P2P Insurance
Friendsurance (2010, Berlin, $15M) – P2P insurance platform which rewards small groups of customers with a cashback bonus each year if their group remains claimless. Backed by Horizons Ventures, Vantage Investment Advisory Limited, E.ventures, German Startups Group, Infinity Venture Partners.
Bought By Many (2012, London, $9M) – P2P insurance platform based on the Groupon model. It uses social media to connect people with similar insurance needs in social buying groups. Backed by Octopus Ventures, Munich Re.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest update visit Insurance Tech feed.

RECENT NOTABLE ACTIVITY – CUSTOMER SERVICE SOFTWARE

• Solvvy, self-service platform, raises $12M Series A funding led by Scale Venture Partners Link
• Finn.ai, an AI-based virtual assistant for banking and financial services raises $3M in Institutional financing round Link
• Serenova, a cloud-based omnichannel contact center platform, acquires TelStrat, a workforce  optimization solution provider for an undisclosed amount Link
• iAdvize, a customer engagement platform, raises $38M Series C funding from Idinvest Partners, Bpifrance via Large Venture and Quadrille Capital Link
• Servy, a customer engagement platform for restaurants, acquires Resy, a mobile application for restaurant table reservation for an undisclosed amount Link
• Nice, a customer experience platform, acquires Workflex, a workforce engagement platform for an undisclosed amount Link
• HappyOrNot, a customer feedback platform and raises a Series A funding of $14.5M led by Northzone  Link
• CrowdCare, an NLP based customer service platform, raises funding of $8.5M and rebranded to Wysdom.AI  Link
• Next Caller, a provider of caller id solution, raises $5M in Series A funding round Link
• Drift, a customer engagement platform, raises $32M in Series B funding round Link
• TalkIQ, a voice analytics platform, raises $14M in Series A funding led by Scale Venture Partners Link
• APIdaze, a provider of cloud communication API, got acquired by VoIP Innovations for an undisclosed amount Link
• AskNicely, an NPS platform for customer feedback, raises funding of $4.86M led by Blackbird Ventures Link
• Vision Critical, a customer intelligence platform for community insights, acquires Pressly, for an undisclosed amount Link
• Zipwhip, a cloud-based text messaging platform, raises $22.5M Series C funding led by Voyager Capital Link
• Lithium, a social customer experience platform, acquires an online community business from Jive  Link
• Kata.ai, a conversational platform, raises $3.5M in Series A funding round Link

SOME INTERESTING STARTUPS FOUND

Soapbox (2016, Sydney) – AI-powered knowledge assistant software, leverages machine learning and NLP to deliver support to agents based on learnings from past experience.
Payjo (2016, Bangalore) –  AI-based banking platform to assist customers in all banking transactions using machine learning and natural language understanding.

LEADER BOARD – CUSTOMER SERVICE SOFTWARE

For latest update visit Customer Service Software feed.

A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.

INTERESTING STARTUPS

Pedagogy (2016, Pune), AI-enabled personalized learning platform. Founders are ex-Cyberoam Technologies, Elitecore Technologies and are alumni of Purdue University. Local comparable is ThirdLeap (2014, Hyderabad).
Global comparables are Acrobatiq (2013, Pittsburgh, $10.4M) and Claned (2013, Helsinki, $9.24M).

INDIA INTERESTING NEWS

Gold Farm (2013, Bangalore), digital platform for harvest equipment booking, raises $2M in Seed round of funding from Mahindra & Infuse Ventures. Link

Stage 3 (2015, Delhi), online luxury fashion rental portal, plans to raise $2.5M in funding from undisclosed investors, as per reports. Link

Flipkart (2007, Bangalore), online horizontal marketplace, ties up with Decathlon (2004, Bangalore), offline and online store for sports goods, to sell sports merchandise. Link

Snapdeal (2007, Delhi), online horizontal marketplace, CTO Rajiv Mangla quits. Link

Perpule (2016, Bangalore), provider of self-checkout solution for offline retail stores, partners with HyperCity (2004, Mumbai), chain of supermarkets, to open two fully cashier-less stores in Hyderabad. Link

GLOBAL ROUNDUP

Carousell (2012, Singapore), P2P mobile marketplace for garage sales, raises $70-$80M in Series C round of funding from undisclosed investors. Link

RiskGenius (2016, Overland Park), provider of machine learning solution to review insurance policies, raises $50M in Seed round of funding from QBE Ventures. Link

Braviant Holdings (2014, Chicago), provider of alternative financing solutions, raises $40M in funding from Redpoint Capital Group. Link

Eidoo (2017, Chiasso), application for managing assets in blockchains, raises $27.9M in ICO. Link

Buddy Platform (2006, Australia), platform for collecting and processing Internet of Things (IoT) data, raises $23M in funding from undisclosed investors.Link

Farmobile (2013, Leawood), developer of a device for collection and interpretation of agricultural machinery data, raises $18M in Series B round of funding from Anterra Capital, AmTrust Agricultural Insurance Services and existing investors. Link

A weekly newsletter summarizing recent activity and interesting startups in South East Asia.

INTERESTING COMPANIES FOUND

OxfordCaps (2017, Singapore) – Online platform for students to book residential accommodation. Global comparable include Student (2011, London, $60M) and Uniplaces (2011, Lisbon, $28.8M).
Adsoup (2017, Bangkok) – Digital multi-channel sales lead management solution. Global comparables NA.

SEA – RECENT DEVELOPMENTS

Dymon Asia PE plans to raise more than $300M for second fund
Dymon Asia PE plans to raise more than $300M for the second fund.

Global Infrastructure Partners acquires Equis Pte for $5B
Global Infrastructure Partners, infrastructure fund manager, acquires Equis Pte, a renewable energy power producer, for $5B.

Axiata’s digital VC arm to launch $15M fund
Axiata’s digital VC arm to launch $15M Sri Lanka fund in December.

Phandeeyar Accelerator injects $175k in seven tech startups in Myanmar
Phandeeyar Accelerator injects $175k in seven tech startups in Myanmar.

Alpha JWC Ventures closes $50M first fund
Alpha JWC Ventures closes US$50M first fund, preparing to raise next fund.

RECENT NOTABLE ACTIVITY – PRODUCT MANAGEMENT TOOLS

• InvisionApp, which provides a platform for creation of prototypes, raises $549 K in Series D funding form undisclosed investors. Link
• Pendo, which provides a product feedback analytics platform, acquires Insert, a mobile marketing start up based out of Israel. Link 
• Decibel Insights, which provides a product feedback analytics platform, announces a growth of 250% in YoY revenue. Link
• Atlassian, which provides a software for collaboration between development teams, launches a new product – Stride, with advanced features for video collaboration and audio conference. Link
• Marvel App, which provides a platform for prototyping applications, launches integrations with JIRA and Confluence. Link
• AgileCraft, which provides a project portfolio management platform, has been recognised as a ‘Strong’ performer by Forrester Research in its September 2017 report. Link
• Amplitude, which provides a product feedback analytics platform, launches new products based on machine learning for improving the impact and accessibility of data. Link
• InvisionApp, which provides a platform for creation of prototypes, acquires Brand.ai and launches a new product -Design System Manager. Link

SOME INTERESTING STARTUPS FOUND

Opslog (2017, Boulder) – Analytics on the incidents served and the tasks performed during product development.

LEADER BOARD – PRODUCT MANAGEMENT TOOLS

PM Suite
WizeLine (2013, SF, $8.4M) – Software to manage complete life-cycle of product with features to increase customer engagement . Backed by A Capital, Core Ventures Group, SV Angel, Lowercase Capital, Sierra Ventures and Bowery Capital.

Project Portfolio Management
Instantis (1999, Santa Clara, $29M, Acq.) – Cloud based project & portfolio management software to manage multiple products simultaneously. Backed by US Venture Partners, JK & B Capital, JF Shea Company and Goldman Sachs. Acquired by Oracle in 2012.
Daptiv (1997, Seattle, $28.5M, Acq.) – Project management platform for demand management, resource planning, time managament and version control features. Backed by Kennet, Endeavour vision, Genevest Consulting Group, MArlin Equity Partners and Parallax Capital Partners. Acquired by Changepoint in 2014. 

Project Management
VersionOne (2002, Alpharetta, $26.5M) – Software for end to end enterprise agile project management and support various agile methods such as Scrum, Kanban, and the Scaled Agile Framework. Backed by OpenView and LLR Partners.
Liquidplanner (2007, Seattle, $13M) – Collaboration software with priority based & predictive online project management features. Backed by TVC Capital and Alliance of Angels.

Requirement Management
Blueprint (2004, Toronto, $53.35M) – Software for managing and tracing the requirements, and generating test-cases automatically related to project development. Backed by BDC Capital, GrowthWorks, Tandem Expansion Fund, Walsingham Growth Partners and Centana Growth
Jama Software (2007, Portland, $33.4M) – Platform for collating the requirements, managing their respective priorities and collaborating among other users for tracking. Backed by Trinity Ventures, Updata Partners, Madrona Venture Group and Oregon Angel Fund.

Prototyping
iRise (1997, El Sugando, $36M) – Visualization & collaborative prototyping software used by UX professionals, Product managers and business analysts. Backed by Morgan Stanley, Gold Hill Capital, Duetsche Bank and SVB Financial Group.
MarvelApp (2013, London, $7.97M) – Platform for transforming sketches and drawings into wireframes and prototypes and share with other users. Backed by Index Ventures, Connect Ventures, Ustwo, Haatch, InReach Ventures and BGF Ventures.

User Feedback
UserTesting (2007, Mountain View, $48.5M) – Platform to conduct usability testing of websites and application and get feedback from users of the product. Backed by OpenView, Kern Whelan Partners and Accel Partners.
LaunchDarkly (2014, SF, $11.3M) –It allows companies to release changes to only a set of users for testing and getting early feedback. Backed by Bloomberg Beta, 500 Startups, Soft Tech VC and Cervin Ventures.

Analytics
Mixpanel (2009, SF, $77M) – Mobile & web analytics platform to track user actions while operating the application. Backed by Y Combinator, Andreessen Horowitz and Sequoia Capital.
Clicktale (2006, Ramat Gan, $53M) – Software to analyse how people behave and what they do on particular pages of application. Backed by YL Venture, Goldrock Capital, Amadeus Capital, Kohlberg Kravis Roberts and Viola Group.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest update, visit Product Management Tools feed.

RECENT NOTABLE ACTIVITY – PAYMENTS

• BluePay, a payment processing solutions provider in the US and Canada, has been acquired by First Data for $760M in cash. Link
• Planet Payment, a multi-currency payment processing solutions provider, has been acquired by Fintrax for $250M. Link
• WePay, a payment solutions provider for crowdfunding campaigns, has been acquired by JP Morgan Chase for an undisclosed amount. Link
• Global Cash Card, a private label prepaid card provider, has been acquired by ADP for an undisclosed amount. Link
• RePay, an electronic payment processing solutions provider, has raised $100M funding in a Debt round from SunTrust Bank. Link
• FraudMetrix, a China-based transaction fraud prevention solutions provider, has raised $72.8M funding in a round led by Tiantu Capital, Temasek, B&D Capital. Link
• Feedzai, a London-based anti-fraud solutions provider, has raised $50M funding in a Se ries C funding round led by an unnamed VC, with participation from Sapphire Ventures. Link
• Deserve, a credit card issuer to college students, has raised $12M funding in a round led by Accel, with participation from Aspect Ventures, Mission Holdings. Link
• WeSwap, a multi-currency travel mobile wallet provider, has secured $10.5M (£8M) funding in a Series B round led by IW Capital. Link
• Current, a mobile wallet and prepaid card provider for kids, has raised $5M funding in a Series A round led by QED Investors, with participation from Cota Capital. Link
• True Link Financial Services, a prepaid card provider for seniors, has raised $8M funding in a Series A round led by QED Investors, with participation from Radicle Impact Partners, Initialized Capital. Link
• Jiko, an automated savings platform with debit card provider, has raised $7.7M funding in a Series A round led by Upfront Ventures, Radical Impact, Social Capital. Link
• Fattmerchant, a subscription-based payment services provider, has raised $5.5M funding in a round led by Fulcrum Equity Partners. Link
• Cashfree , a Bangalore-based payment solutions provider, has raised $120k Seed funding from YCombinator. Link

SOME INTERESTING STARTUPS FOUND

Banksealer (2016, Milano) – A transaction and banking fraud detection software provider.

LEADER BOARD – PAYMENTS

Payment Gateway
PayPal (1998, San Jose, Acq., IPO) – An online payment and money transfer service, offering payment gateway, merchant accounts and wallet solutions. Acquired by eBay in July 2002 for $1.5B. Went public in July 2015.
Safecharge (2006, British Virgin Islands, IPO) – A customized payment acceptance portal for merchants. Went public in 2014.
Stripe (2010, SF, $473M) – A merchant acquirer and a payment gateway API provider for web and mobile payments. Backed by Sequoia Capital, General Catalyst Partners, CapitalG, JPMorgan Chase & Co., Goldman Sachs, Morgan Stanley, Barclays, Sumitomo Mitsui Financial Group, Alven Capital, American Express, VISA, KPCB, Thrive Capital, Founders Fund, Khosla Ventures, Allen & Company, Redpoint Ventures, Andreessen Horowitz, SV Angel, Y Combinator, Salesforce, Union Square Ventures, Atomico, GV, Lowercase Capital, TrueBridge Capital Partners, Entree Capital, Square Peg Capital, Golden Gate Ventures, Playfair Capital, Designer Fund, Paua Ventures, Darwin Ventures, BoxGroup .
Billdesk (2000, Mumbai, $157.5M) – Electronic payment services provider to banks, businesses and other institutions. Backed by SBI, General Atlantic, TA Associates Management, Bank of Baroda, Temasek, Clearstone Venture Partners, SIDBI Venture Capital, March Capital Partners.

Acquirer Processor
First Data Corporation (1971, Atlanta, Acq, IPO) – A global payments service provider specializing in merchant transaction processing, private label cards and e-check acceptance services. Was acquired by KKR in 2007 for $27.5B. Went public in October 2015.
Vantiv (1971, Cincinnati, IPO) – An electronic payment processor, payment gateway API and PoSsolutions provider. Went public in 2012.
WorldPay (1993, London, Acq.) – A London-based payment processing company offering gateway and PoS services. Went public in October 2015. Was acquired by Vantiv in August 2017 for $1 2 B.
Total System Services (1982, Columbus (Georgia), IPO) – A merchant acquirer and white label prepaid card solutions provider. Went public in 1983.
Adyen (2006, Amsterdam, $266M) – An internet-first merchant acquirer and omnichannel payment solutions provider. Backed by General Atlantic, Index Ventures, Felicis Ventures, Temasek, Iconiq Capital.

Payment Network
VISA (1958, Foster City, IPO) – An association of banks and other financial institutions, which facilitates card payment transactions. Went public in 2008.
MasterCard (1966, Purchase, IPO) – An interbank association facilitating card payments. Went public in 2006.
Vocalink (2007, Rickmansworth, $114M, Acq.) – A UK-based ATM switching platform and interbanknetwork. Aquired by MasterCard for £700M ($926M) in July 2016.
Ripple (2012, SF, $90.5M) – An open source, decentralized protocol to provide real time cross border payments and settlements. Backed by Standard Chartered, AME Cloud Ventures, Seagate, CME Group, IDG Capital Partners, RRE Ventures, Venture 51, Core VC, ChinaRock Capital Management, SBI Holdings, Route 66 Ventures, Camp One Ventures, Blockchain Capital, Santander InnoVentures, Digital Currency Group, SCB Digital Ventures.

PoS Suite
VeriFone (1981, San Jose, IPO) – Provides all kinds of PoS devices, along with a payment gateway. Went public in 2005.
Ingenico Group (1980, Paris, IPO) – A payment processing service provider specializing in NFC enabled PoS terminals, gateways and cross-border e-commerce solutions. Went public in 1985.

Wallet
Mozido (2008, Austin, $288.5M) – A white label web and mobile wallet solutions provider. Backed by MasterCard, TomorrowVentures, Atlanticus, Brentwood Associates, Wellington Management, Quabbin Capital.
Dashlane (2009, NYC, $52.5M) – A fully-featured password manager and secure digital wallet app. Backed by Bessemer Venture Partners, FirstMark Capital, Rho Ventures, TransUnion, FinTech Innovation Lab.
Xapo (2012, Palo Alto, $40M) – A bitcoin wallet provider with cold storage facility. Backed by Greylock Partners, Index Ventures, Benchmark, Fortress Investment Group, Ribbit Capital.

Alternate Payment Methods
PayNearMe (2009, Sunnyvale (CA), $90M) – Provides offline payment services for online solutions. Backed by Khosla Ventures, Maveron, True Ventures, GSV Capital, Kapor Capital, Bullpen Capital, Floodgate, August Capital, Fenwick & West, Endeavour Partners.
TrialPay (2006, Mountain View, $56M, Acq.) – Enables merchants to offer free action based rewards to their customers. Acquired by VISA in February 2015 for an undisclosed amount.

Security
Signifyd (2011, Palo Alto, $106M) – An AI-based transaction monitoring solutions provider with chargeback guarantee. Backed by American Express, Andreessen Horowitz, IA Ventures, Bain Capital Ventures, QED Investors, TriplePoint Capital, Menlo Ventures, Data Collective, Tekton Ventures, Resolute Ventures, Allegis Capital, Lucas Venture Group, BYU Cougar Capital, Streamlined Ventures, Thinkplus, Allegis Capital
Kount (2007, Boise, $80M) – A SAAS based fraud prevention service provider for card-not-present transactions. Backed by CVC Capital Partners.
ThreatMetrix (2005, San Jose, $84M) – A payment fraud prevention service and context-based authentication solution provider. Backed by U.S Venture Partners, Silicon Valley Bank, Adams Street Partners, Tenaya Capital, August Capital, Technology Venture Partners, In-Q-Tel, Talu Ventures.
Ethoca (2005, Toronto, $45M) – A secure network for card issuers and merchants to connect and work outside the payment network. Backed by Spectrum Equity.

Enablers
Fidelity Information Services (1968, Jacksnville, IPO) – PCI Compliance, technology outsourcing and other payment security and back-end solutions for businesses and Financial Institutions. Went public in June 2001.
Trustwave (1995, Chicago, $60M, Acq.) – Provides cloud-based enterprise security solutions for threat detection, prevention & risk mitigation, including PCI compliance. Acquired by Singtel in September 2015 for $770M.
Clear2Pay (2001, Brussels, $92M, Acq.) – Provider of payment solutions to financial institutions. Also provides white label remittance services. Acquired by Fidelity Information Services in September 2014 for $493M.

B2B Payments
GlobalCollect (1994, Netherlands, Acq.) – An international B2B money transfer and payment gateway service provider. Acquired by Ingenico in September 2014 for $1.1B.
Viewpost (2012, Maitland, $79M) – e-Invoice exchange and electronic payment solutions provider. Backed by Western Technology Investment.

Payment Cards
Green Dot Corporation (1999, Monrovia (CA), IPO) – Reloadable prepaid card provider. Went public in 2010.
BlackHawk Network (2001, Pleasanton (CA), IPO) – Provider of white-label solutions for merchants and corporates. Also provides a marketplace for branded retail gift cards and reloading services for third-party prepaid cards. Went public in 2013.
Nubank Brasil (2013, Sao Paulo, $178M) – A MasterCard flagged credit card with mobile app. Backed by Sequoia Capital, Goldman Sachs, Founders Fund, QED Investors, Tiger Global Management, DST Global, Kaszek Ventures.

Leader board includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

A daily newsletter summarizing recent activity & interesting start-ups globally 

RECENT NOTABLE ACTIVITY – CLOUD INFRASTRUCTURE

• Threat Stack, provider of cloud infrastructure security platform, raised $45M in Series C funding led by F-Prime Capital Partners and Eight Roads Ventures. Link
• GuardiCore, provider of cloud infrastructure security platform, raised $15M in Series B funding led by TPG Growth and Greenfield Partners. Link
• City Cloud, a cloud computing solutions provider, raised $30M in Series B funding led by Cisco Investments and Country Garden Holdings.Link
• DivvyCloud, provider of technology to automate and manage cloud infrastructure, raised $6M in Series B funding led by RTP Ventures. Link
• Capsule8, provider of cloud infrastructure security platform, raised $6M in Series A funding led by Bessemer Venture Partners. Link
• Botmetric, provider of AI-powered cloud management platform, raised $3M in Series A funding led by Blume Ventures. Link
• CloudRanger, provider of cloud governance platform, raised $1.1M in Seed funding from Enterprise Ireland. Link
• NetApp acquires Greenqloud, a provider of hybrid cloud management platform, to fill data fabric need for cloud orchestration. Link
• Cloudreach acquires Cloudamize, a provider of cloud optimization and capacity planning platform, to accelerate intelligent cloud adoption. Link

SOME INTERESTING STARTUPS FOUND

Server Monitoring (2017, London) –  Provides platform for monitoring servers and virtual
Compute Software (2017, San Francisco) – Provides platform for cloud resource  management using machine learning.

LEADER BOARD – CLOUD INFRASTRUCTURE

Compute Fabric Platforms
Mirantis (1999, Mountain View, $220M) – Provides enterprise-grade OpenStack distributions. Backed by Dell Ventures, Intel Capital and WestSummit Capital, Red Hat, Ericsson, and SAP Ventures. IVP, Telefonaktiebolaget L.M. Ericsson and Goldman Sachs.
Eucalyptus (2009, Goleta, $55.5M, Acq.) – Provides free and open-source computer software for building Amazon Web Services (AWS)-compatible private and hybrid cloud. Acquired by HP in September 2014.

IaaS
AWS (2006, Seattle, IPO) -Provides remote computing as web services. It is part of Amazon. Amazon went public in May 1997
Azure (2010, Redmond, IPO) – Provides an open, flexible, enterprise-grade cloud computing platform. It is part of Microsoft. Microsoft went public in March 1986.
Google Cloud Platform (2011, Mountain View, IPO) –  Provides a cloud computing platform that offers hosting on the same supporting infrastructure that Google uses. It is part of Google. Google went public in August 2004.

Cloud Governance Platform
Surgient (2003, Austin, $87M) – Provides cloud management platform. Acquired by Quest in 2010. Backed by Goldman Sachs, Stern Hill Partners, Austin Ventures, Cisco Ventures, Rocky Mountain VC, Agave Capital, Cross Link Capital.
ScienceLogic (2003, Reston, $84M) – Provides IT monitoring platform for hybrid cloud infrastructure. Backed by Goldman Sachs, Intel Capital, NEA.
RightScale (2007, Santa Barbara, $58M) – Provides multi-cloud management platform for hybrid cloud environments. Backed by DAG Ventures, Benchmark, Index Ventures, Presidio Ventures, Tenaya Capital.

Cloud Service Brokerage Enablers
Gravitant (2004, Austin, $39, Acq.) – Cloud services brokerage and management. Acquired by IBM in 2015. 
Jamcracker (1999, Santa Clara, $28M) – Products to manage and deliver customized cloud services. Backed by Telus Ventures.

Cloud Migration
RiverMeadow (2009, San Jose, $35M) – SaaS solution to automatically migrate serves among clouds.Backed by Cisco Ventures and Violin memory.
CloudVelox (2010, Santa Clara, $33M) – Developed automated cloud migration solution. Backed by Third Point Ventures, Mayfield, Pelion Ventures.

Cloud Integration
Aviatrix (2014, Santa Clara, $10M) – Provides solutions to build hybrid clouds. Backed by Formation 8, Ignition Partners, Monta VC.
RackWare (2009, Santa Clara, $15M) – Provides cloud automation solutions. Backed by Osage Partners, KickStart Seed Fund, Signal Peak.

Cloud Analytics
Cloud Healthtech (2012, Boston, $40M) – Provides analytics solutions for the cloud. Backed by CRV and a16z. Backed by Sapphire Ventures, Scale VP, 406 Ventures, Sigma Prime.

Cloud Security
Illumio (2013. Sunnyvale, $267M) – Provides cloud infrastructure security solutions. Backed by Blackrock, Accel, Formation 8, a16z, General Catalyst.
Bracket Computing (2011, Sunnyvale, $130M) – Provides cloud infrastructure for hybrid cloud environments. Backed by Goldman Sachs, a16z, Artis Ventures, NVP, Allegis Capital, SVP.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates visit Cloud Infrastructure feed.