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Advanced location services technology company Bluedot Innovation secured $5.5 million in Series A funding led by Transurban, an urban toll road manager and developer, with an investment of $4 million. New and existing investors who participated in the round included Jeff Katz, formerly of Mercury

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Averon announced today it has closed a $5 million Series A1 financing round led by Avalon Ventures and Salesforce founder and CEO Marc Benioff. The round follows Averon's Series A in October, 2017, which was also led by Avalon Ventures, and brings the full Series

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Lumavate, a leading enterprise platform for developing progressive web apps (PWAs) at scale, today announced it has raised $2.5 million in seed funding. The round included participation from Allos Ventures, Collina Ventures, Don Brown, Elevate Ventures, 4G Ventures, and Jupiter Peak. The Lumavate platform capitalizes

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Drop, a fast-growing, millennial-focused rewards program, announced today it has raised $21 million in Series A funding, led by top venture capital firm New Enterprise Associates (NEA). The round also features continuing participation from Sierra Ventures, White Star Capital, ff Venture Capital, Portag3 Ventures, and

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Cake Technologies, Inc., announced it has received $5 million in “pre-Series A” funding led by Peak Ventures, with participation from Pelion Venture Partners and Kickstart Seed Fund. Founded in 2016, Cake Technologies, Inc., is focused on making the web more accessible and delightful on mobile.

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Mobile banking startup Varo Money, Inc., announced today that it has closed a $45 million Series B funding round led by existing investor Warburg Pincus and The Rise Fund. Varo is on a mission to change the future of banking by offering customers a “frictionless

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Voatz, a mobile election voting and citizen engagement platform, announced today that it has raised more than $2.2 million in seed round funding led by Medici Ventures, with participation from the Urban Innovation Fund and Oakhouse Partners. Other notable investors in the round include Walt

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Financial technology company Passport raised $43 million in Series C financing, led by Bain Capital Ventures, with participation from Grotech Ventures, MK Capital, and Relevance Capital. Passport’s parking, transit and tolling payments, parking enforcement, and permit management products are designed to help public and private sector

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SendBird, a messaging solution for enterprises, secured $16 million in financing, led by Shasta Ventures and August Capital. Y Combinator and FundersClub also participated. SendBird helps add one-on-one messaging and group chat to marketplaces/ecommerce, media, and consumer apps for customers including Nexon, GO-JEK, Traveloka,

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Insurance technology company Lemonade raised $120 million in Series C financing, led by SoftBank Group. Aleph Venture Capital, Allianz Digital Corporate Ventures, General Catalyst Partners, GV, Sequoia Capital, Sound Ventures, Thrive Capital, Tusk Ventures, and XL Innovate also participated. Lemonade is a licensed insurance carrier

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