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Archive for May 19th, 2018

The Funded: 5 Bay Area startups raise over $100M, Google buys one from Santa Clara

By  – TechFlash Editor, Silicon Valley Business Journal

Five Bay Area startups disclosed more than $100 million in funding at week’s end and Google bought another one.

Here are the details.

Parsable Inc., San Francisco, $40 million: Future Fund led the Series C round for this provider of a digital workflow platform for deskless industrial workers. It was joined by B37 and return backers Lightspeed Venture Partners, Airbus Ventures and Aramco Ventures.

DigiLens Inc., Sunnyvale, $25 million: Continental AG invested in the Series C round of this augmented reality display maker for autos, planes and other devices. Read more here.

Mynd Property Management, Oakland, $20 million: Lightspeed Venture Partners led the Series B round for this property management tech startup. It was joined by return backers Canaan Partners and Jackson Square Ventures.

Arevo, Santa Clara, $12.5 million: Asahi Glass led the Series B round for this creator of a 3D printed carbon bike. It was joined by Sumitomo, Leslie Ventures and Khosla Ventures.

BlueCart Inc., Mountain View, $5 million: Greycroft led the Series B1 investment in this hospitality industry marketplace and sales enablement platform provider.

M&A

Cask Data Inc., Palo Alto, undisclosed amount: Google acquired this Big Data analytics startup that had raised around $40 million from firms that included Insight Venture Partners, Ericsson Ventures, Battery Ventures, AME Cloud Ventures and Ignition Partners.

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