Raise Report: Pixvana, Affinio, ADAY Lock Down New Funding
Every two weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech.
Monday, Nov 20: Pixvana Picks Up $14 Million to Deliver AR and VR Video Experiences
Vulcan Capital led the Series A round, The Seattle Times reported. Pixvana offers a cloud-based storytelling platform that clients can leverage to build immersive user experiences, including AR and VR videos. The capital will help Pixvana bolster its marketing and recruit new customers.
Tuesday, Nov 21: ADAY Scores $2 Million for Direct-to-Consumer Fashion Service
H&M’s venture capital arm, ADG, and SoGal Ventures participated in the round, TechCrunch reported. ADAY markets itself as an efficient commercial solution for women looking to buy durable and fashionable clothes without the hassle of going shopping. The company will use this latest funding to scale up and further establish its presence in the direct-to-consumer clothing space.
Tuesday, Nov 21: Playment Locks Down $1.6 Million for AI Infrastructure
Y Combinator, Sparkland Capital, and SAIF Partners contributed to the round, VentureBeat reported. While tech companies of all stripes race to bolster the efficacy of their products through machine learning, Playment works behind the scenes, crowdsourcing manpower to manually input data required to support successful machine-learning solutions. The funding will allow Playment to develop its product and expand its staff.
Wednesday, Nov 22: PacketZoom Raises $5 Million to Improve Mobile-App Speed
Baseline Ventures led the Series A round, TechCrunch reported. PacketZoom sells its software to app developers, who leverage it to provide their users an efficient experience. The money will help PacketZoom scale its business.
Wednesday, Nov 22: Buildup Rakes In $7 Million to Disrupt the Construction Industry
TLV Partners, UpWest Labs, 01Ventures, and Abstract Ventures are among the Series A investors, VentureBeat reported. Buildup is a platform that helps construction companies streamline work operations, substituting digital tools for pens and paper spreadsheets. The capital will allow Buildup to hire more engineers and marketers as well as develop its products.
Monday, Nov 27: Affinio Secures $9 Million for ‘Interest Analytics’
Whitecap Venture Partners and Social Starts are among investors in the Series B round, AdExchanger reported. Affinio is a marketing platform that helps brands identify and cater to the interests of their customers. The funding will help Affinio expand its platform’s capabilities.
Wednesday, Nov 29: Thrive Global Snaps Up $30 Million, Leveraging Tech to Keep Employees Energized
IVP led the Series B round, Recode reported. Thrive Global offers a platform and a suite of technological products that corporate employers can use to gauge and improve the well-being of their employees. The funds will allow Thrive Global to expand and improve its products.
Joseph Zappa is Street Fight’s news editor.
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