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Capital Gains: Car Tech, Bra-Fitting, Magic Leap and Other Funding News

Magic Leap raised another gargantuan round.

Todd Bernard

Bra-fitting, anonymous adolescent messaging and the Google-backed augmented reality startup Magic Leap all raised money this past week. Here’s what happened:

  • Magic Leap, the secretive Florida-based augmented reality startup, finished up a new round of funding. Last week, the company announced a $793.5 million round, led by Alibaba. Other investors include J.P. Morgan, Google, Morgan Stanley, Fidelity Investments and Warner Bros.
  • Index Ventures last week raised $550 million for seed and venture investments. That was after it had recently announced a $700 million fund for later-stage companies raised in 2015. Index just added former Twitter CEO Dick Costolo as venture partner and also promoted Shardul Shah to partner.
  • A group of Hollywood studios that includes Disney, Fox and Lionsgate are investing $50 million in the movie ticketing app Atom Tickets, which plans to launch this summer (Hollywood Reporter).
  • Maryland-based cyber security startup Sonatype raised $30 million in a new round of funding led by Goldman Sachs. Its previous rounds were led by Accel Partners and NEA (Washington Post).
  • Curalate, a company that makes marketing software that focuses on image recognition, raised a $27.5 million funding round led by New Enterprise Associates (TechCrunch).
  • Analytics firm Geofeedia, which mines social media for location data, raised $17 million in a round led by Silversmith Capital Partners (Chicago Tribune).
  • A year ago, the anonymous messaging app After School was banned from Apple’s App Store for four months. Last week, the company said that it had raised $16.4 million in funding. The investment was led by Accomplice, with participation from Cowboy Ventures, Parse co-founder Tikhon Bernstam and AngelList founder Naval Ravikant.
  • Zendrive, a startup that develops software that analyzes driver behavior, raised $13.5 million in a round led by Sherpa Venture’s Shervin Pishevar. Nyca Partners, Thomvest Ventures, First Round Capital and BMW iVentures also kicked in some cash.
  • The couple behind the bra-fitting app ThirdLove have raised $8 million in funding in a round led by NEA, including investment from Spanx CEO Laurie Ann Goldman and REI Chairman John Hamlin (Fast Company).
  • Secure messaging app Wiper raised a $2 million seed round from undisclosed investors and launched an indie movie streaming service (The Next Web).

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