Capital Gains: Spotify, Duolingo, Blue Apron and More Funding News

Music streaming, food delivery, ad tech, cyber security and a whole mess of other kinds of tech startups raised significant funding this week. Here’s what went down:

• On the heels of the Apple Music launch at WWDC, Spotify announced it had raised $526 million in a round featuring a wide array of investors, including a Nordic telco and American investors like Goldman Sachs, TCV, GSV Capital and Halcyon Asset Management (Wall Street Journal).

• Confirming a May report from Re/code, meal kit deliverer Blue Apron announced a $135 million round led by Fidelity that puts the company’s value at around $2 billion.

• Duolingo, which makes a language learning service that uses AI technology, raised $45 million in a round led by Google Capital, with investment from existing investors Kleiner Perkins Caufield & Byers, Union Square Ventures and NEA. The round puts Duolingo’s value at $470 million (Forbes).

• Bolt Threads, which makes special clothing fabrics, came out of stealth with a $32 million Series B funding round co-led by Foundation Capital and Formation 8 (Wall Street Journal).

• Predictive marketing tech maker Lattice Engines raised $28 million in a Series D funding round led by River Cities Capital Funds and Piper Jaffray Merchant Banking, with participation from Blue Cloud Ventures, Sequoia Capital and New Enterprise Associates (Silicon Valley Business Journal).

• The cyber security firm Menlo Security came out of stealth with $25 million of Series B funding from Sutter Hill Ventures, General Catalyst, Engineering Capital and Osage University Partners (eWeek).

• The call center software startup Talkdesk raised $15 million in Series A funding from Storm Ventures and Draper Fisher Jurvetson (TechCrunch).

• Creatively titled document management service eFileCabinet raised $14 million in a round led by Allegis Capital and Signal Peak Ventures (Accounting Today).

• Tough as it is for ad tech companies to raise money right now, TripleLift raised a $10.5 million Series B led by Edison Partners, with participation from True Ventures, iNovia Capital, Laconia Capital and NextView Ventures (Forbes).

• BloomThat, which is basically Uber but for flowers, raised a $5.5 million Series A funding round led by Forerunner Ventures (Wall Street Journal).

• Internet radio service 8tracks locked up $2.5 million in debt financing and added 2.5 million songs to its music catalog (Billboard).

• HomeSuite, which is kind of like Airbnb for short-term corporate housing, netted $2.3 million from investors including Battery Ventures, Foundation Capital and Bessemer Venture Partners (TechCrunch).

This article originally appeared on Recode.net.

Will you support Vox’s explanatory journalism?

Most news outlets make their money through advertising or subscriptions. But when it comes to what we’re trying to do at Vox, there are a couple of big issues with relying on ads and subscriptions to keep the lights on:

First, advertising dollars go up and down with the economy. We often only know a few months out what our advertising revenue will be, which makes it hard to plan ahead.

Second, we’re not in the subscriptions business. Vox is here to help everyone understand the complex issues shaping the world — not just the people who can afford to pay for a subscription. We believe that’s an important part of building a more equal society. And we can’t do that if we have a paywall.

So even though advertising is still our biggest source of revenue, we also seek grants and reader support. (And no matter how our work is funded, we have strict guidelines on editorial independence.)

If you also believe that everyone deserves access to trusted high-quality information, will you make a gift to Vox today? Any amount helps.

One-Time Monthly Annual

$5/month

$10/month

$25/month

$50/month

Other

$

Yes, I'll give $5/month

Yes, I'll give $5/month

We accept credit card, Apple Pay, and Google Pay. You can also contribute via