Capital Gains: Toyota teams up with Uber, Snapchat adds nearly $2B to its Series F and a new unicorn emerges

Uber found an automaker to help it develop self-driving cars, and Wi-Fi device maker Eero struck a deal with Best Buy and raised a bunch of new cash. Here are the rest of the funding headlines from Silicon Valley this past week:

• Toyota said that it is making a strategic investment in Uber, but it's not saying how much it's putting into the ride-hailing behemoth. The deal has a lot to do with a partnership for self-driving car technology.
• Snapchat added $1.8 billion to its Series F funding round, and is telling investors it expects to make between $500 million and $1 billion in revenue in 2017. It's aiming for between $250 million and $350 million in revenue this year.
• Volkswagen Group is investing $300 million in the ride-hailing service Gett, becoming the latest major automaker to get in bed with a ride-hailing company (like GM and Lyft, for example).
• Menlo Ventures, alongside Shasta Ventures, Redpoint Ventures, First Round Capital and Playground Global, led a $50 million investment in the Wi-Fi device company Eero. The company also announced that it had struck a deal to make its home networking equipment available in Best Buy stores.
• Security startup vArmour, which primarily works on protecting data centers, raised $41 million in Series D funding from Redline Capital, Australian telco Telstra, Highland Capital Partners, Menlo Ventures, Citi Ventures and others (Fortune).
• Transferwise, a British money transfer service, raised $26 million at a $1.1 billion valuation. The funding came from Andreessen Horowitz, Peter Thiel’s Valar Ventures, Sir Richard Branson and others (TechCrunch).
• Password management startup Dashlane picked up $22.5 million in a Series C round, led by TransUnion, with participation from Rho Ventures, FirstMark Capital and Bessemer Venture Partners (TechCrunch).
• Berlin startup Contentful, which is working on a content management system optimized for devices that aren't PCs, raised $13 million in a round led by Benchmark Capital, with participation from Trinity Ventures, Balderton Capital and Point Nine Capital (VentureBeat).
• Molekule, a startup that aims to produce "the world’s first molecular air purifier," raised $3.25 million in funding from SoftTech VC, Crosslink Capital, and CSC Upshot, plus grants from the Environmental Protection Agency (VentureBeat).

Why didn't Ford partner with Google? Mark Fields explains

This article originally appeared on Recode.net.

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