Tech.Co Deals Roundup: GitLab Raises Additional $4M from Khosla

September 17, 2015

3:04 pm

Thursday’s Tech.Co Deals Roundup is brought to you by some perfect weather in New York. Aside from the fundings listed below, Intel has reportedly invested $67 million into eight Chinese companies – from the OpenStack-based solutions company 99cloud to Segway owner Ninebot.

Need more funding news? You can get the Tech.Co deals roundup send directly to your inbox by subscribing here.

Funding

YC-Backed GitHub Competitor Gitlab Raises Additional $4M from Khosla Ventures

GitLab, the open-source code collaboration platform that competes with GitHub, announced today that it has raised an additional $4 million from Khosla Ventures in its Series A round. The funding is a follow-up from the company’s $1.5 million seed round this past July, which also included investment from 500 Startups, Crunchfund, Ashton Kutcher’s Sound Ventures, and Liquid 2 Ventures.

Online Credit Marketplace Fundera Raises $11.5M Series B

Fundera, a company that offers an online credit marketplace to help small businesses find and secure business loans, announced today that it has closed a $11.5 million Series B round of funding. The round was led by Susquehanna Growth Equity with participation from QED Investors, Khosla Ventures, and First Round Capital. Read more here.

Dwnld brings in $12M from Greylock to Help Non-Coders Develop Mobile Apps

Dwnld, a company that offers a do-it-yourself tool that enables people with no technical background to create their own native mobile apps, announced today that it has raised $12 million from Greylock Partners. According to the company, the new funds will enable them to expand its current services with new tools that will improve engagement and monetization for their users.

On-Demand Room Service Breather Brings in $20M

Breather, the on-demand private room finder service, announced today that it has raised $20 million from Peter Thiel’s Valar Ventures. Other participants in this Series B round include Real Ventures, RRE Ventures, Slow Ventures, and SOS Ventures.

Acquisitions

Apple Acquires Mapping Visualization Startup Mapsense

Re/code reports that Apple has acquired the San Francisco, CA-based Mapsense, a company that builds tools for analyzing and visualizing location data. The company reportedly paid between $25 million and $30 for the company, and will enable Apple to further compete with Google in the map space.

Let us know if we missed anything on today’s Tech.Co deals roundup by emailing us at [email protected]

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Ronald Barba was the previous managing editor of Tech.Co. His primary story interests include industry trends, consumer-facing apps/products, the startup lifestyle, business ethics, diversity in tech, and what-is-this-bullsh*t things.

Aside from writing about startups and entrepreneurship, Ronald is interested in ‘Doctor Who’, Murakami, ‘The Mindy Project’, and fried chicken. He is currently based in New York because he mistakenly studied philosophy in college and is now a “writer”. Tweet @RonaldPBarba.

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