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Enterprise IT startup Passage.ai closed $3 million in seed financing from a group of investors that includes Engineering Capital, Storm Ventures, Milliways Ventures, Array Ventures, NeoTribe Ventures, Eleven Two Capital, Gunderson Dettmer, and Seabed VC. Passage.ai is a natural language understanding and processing (NLU/NLP) platform that

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BuildingConnected completed a $22 million Series B financing that was led by Lightspeed Venture Partners. Crosslink Capital, Homebrew Ventures, Freestyle Capital, Bee Partners and Brick & Mortar Ventures also participated. BuildingConnected provides builders with cloud-based bid procurement services to send invitations to bid for jobs,

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AI transportation startup Drive.ai has announced the close of $15 million in Series B financing. Drive.ai is a Silicon Valley startup that aims to “build the brain of self-driving vehicles,” creating hardware and software that applies deep learning throughout its driving system. Its system will

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Stockpile announced the close of $30 million in Series B financing led by Eight Roads, with participation from Mayfield Fund, Arbor Ventures, Hanna Capital and Wang Ventures. Stockpile’s mission is to make it easy for beginners of any age, including children and millennials, to learn about

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DreamJay announced the close of $2.3 million in Series A financing led by the Joint Polish Investment Fund, with participation from Nordic Makers. DreamJay created the Nightly app, which aims to help people fall asleep more easily, reduce bad dreams and awakenings during the night, and

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According to a recent SEC filing, software startup PlanGrid has raised $6.9 million in financing from an undisclosed investor. PlanGrid is a leading provider of construction software for the field. It helps contractors, owners, and architects collaborate easily from their mobile devices and desktops, managing blueprints,

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Streaming TV provider Roku launched its initial public offering yesterday, raising $252 million in an IPO that valued the company at $2 billion. Its $14 offering price soared to $15.75 at opening and kept climbing to $23.50 at the close. Roku, Inc. (NASDAQ: ROKU), was

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GroupSolver completed $1 million in financing led by Tech Coast Angels. GroupSolver is an online platform for marketing research and collective problem solving that seeks to combine ideas from many individuals to get to optimal collective answers. The company claims that the platform’s ability to synthesize

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