clock menu more-arrow no yes mobile

Filed under:

Capital Gains: Cyber Security, Phone Batteries, Virtual Reality Cameras and More Funding News

Also, there's another billion-dollar enterprise technology company.

Todd Bernard

Some of the companies that raised money this week include ones focused on video game streaming, virtual reality cameras and advanced phone batteries. Also, there’s a new unicorn. Here are the full details:

  • The security and IT management startup Tanium, which landed a $52 million investment from Andreessen Horowitz at a $1.75 billion valuation in March, has raised another major round. The company said this week that it had raised $120 million at a $3.5 billion valuation in a round led by TPG and Institutional Venture Partners.
  • Apttus, a nine-year-old enterprise tech firm that makes software to help businesses price and quote contracts accurately, raised $108 million at a $1 billion-plus valuation. The company didn’t raise any VC cash until 2013, and since then it has raised more than $180 million (Fortune).
  • Velostrata, a company that helps businesses securely move their data onto cloud platforms, raised $14 million in Series A funding from Norwest Venture Partners and 83North (Reuters).
  • San Francisco-based Wrap, which makes a content platform for mobile Web browsers, raised $12.7 million in a Series B round led by Germany’s ProSiebenSat.1 Media and Raine Ventures. Since launching last year, Wrap has raised $19 million in funding.
  • Mobcrush, a Twitch-like video game streaming service that focuses on mobile gaming, raised $11 million from a group of investors that includes Kleiner Perkins Caufield & Byers (Los Angeles Times).
  • High-end smartphone makers are scrambling to figure out how to put cost-effective, quick-charging batteries in their devices. One startup working on this issue, Qnovo, raised $8.6 million this week from Intel Capital, RockPort Capital, U.S. Venture Partners and BlueRun Ventures (Fortune).
  • The alcohol delivery service Saucey raised $4.6 million in a seed investment round led by Blumberg Capital, as it looks ahead to expanding beyond California and Chicago markets (TechCrunch).
  • Bubl, the Kickstarter-launched maker of the VR Bublcam, raised $4.6 million in funding from Samsung Ventures, J-Tech Capital and others (The Globe and Mail).

This article originally appeared on

Sign up for the newsletter Today, Explained

Understand the world with a daily explainer plus the most compelling stories of the day.