Raise Report: Getaround, Marble, Qualtrics Secure New Funding
Every two weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech.
Friday, April 7: otonomo Secures $25 Million to Spread Connected Car Profits Around
Delphi Automotive led the Series B funding round, Tech EU reported. otonomo is capitalizing on the rise of the connected car. The company connects automakers whose cars are collecting loads of data with buyers such as various service providers interested in that data. With the Series B cash, otonomo will look to scale its operations to the global stage.
Monday, April 10: Virtualitics Raises $4.4 Million for VR Analytics Platform
The Venture Reality Fund led the round, VentureBeat reported. Virtualitics will use the cash to develop its product and increase the size of its staff. The company will likely hope to see demand for its product increase as marketers across verticals look to leverage VR in coming years.
Wednesday, April 12: Qualtrics Rakes in $180 Million for Data-Driven Business Optimization
Insight Venture Partners and Accel Partners led the round, Fortune reported. The company leverages its “experience management platform” to help clients improve their brands, employee and customer experiences, and products. Qualtrics will use the cash infusion to make strategic acquisitions.
Wednesday, April 12: Marble Scores $4 Million for Delivery Robots
Eclipse led the seed funding round, DC Velocity reported. Marble also announced a partnership with Yelp Eat24, which will deploy Marble’s robots for food deliveries. The funding will help Marble develop its robots and ultimately deploy them beyond the Bay Area.
Wednesday, April 12: Teamable Takes in $5 Million to Leverage Social for Smart Staffing
True Ventures led the round, Venturebeat reported. Teamable makes software that businesses can use to streamline the process of finding talented employees. Teamable will use the funding to grow its sales and marketing teams and better its product.
Tuesday, April 18: Factom Closes Extended $8 Million Round to Secure Organizational Data
Peeli Ventures and Harvest Equity contributed to the Series A round, which had previously seen funding from Draper Associates and Stewart Title, AustinInno reported. Factom leverages blockchain technology to ensure data security and regulations compliance for organizations including companies and governments. It will use the funding to grow as it launches into new markets, having recently launched a product for the mortgage industry, Factom Harmony.
Tuesday, April 18: Reltio Locks Down $40 Million for Data Management
New Enterprise Associates led the Series C round, Silicon Valley Business Journal reported. Reltio will use the funding to expand its operations geographically and across verticals. The company helps large businesses manage large swaths of data and the multiple software programs they depend on to conduct business.
Thursday, April 20: Getaround Raises $45 Million for P2P Car Sharing
The service has brought in the cash in a Series C funding aimed at building out the companys partnerships, Techcrunch reports. The round was led by Braemar Energy Ventures, and also included Toyota Motor Corp, China’s SAIC Motor, Menlo Ventures, and Triangle Peak Partners.
Joseph Zappa is Street Fight’s news editor.
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