August 20, 2015
In today’s Tech.Co deals roundup, two major digital health companies raise a sh*tload of money, and two startups finally join the unicorn ranks.
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Owlet Raises $7M Series A for Smart Baby Booties
Owlet, the company responsible for designing a smart baby bootie that informs parents if and when their babies stop breathing, announced yesterday that it had raised a $7 million Series A round. The recent financing was led by Formatoin 8 and Carpe Diem VC, and included participation from the company’s recent investors.
ChurchDesk’s Cloud Platform for Churches Brings in $2M
The Copenhagen, DEN-based startup ChurchDesk, whose Cloud-based platform and mobile apps enable members of the church and their staff to run and manage their church more efficiently, announced that it has raised $2 million in a round of funding. The funding comes from Mangrove Capital Partners and will be used to expand ChurchDesk‘s product and marketing team. You can read more about the funding from TechCrunch.
Grand Rounds Raises $55M for Digital Health Services
Grand Rounds, a digital health startup that connects a company’s employees to medical advice and treatment options regardless of his/her location, announced today that it has raised $55 million in a new round of financing. This new funding brings the company’s total raised to $106 million. Currently the company connects patients in more than 120 countries with medical experts in more than 110 U.S.-based institutions.
Boston’s SmackHigh Attracts $1.65M for Teen Social Messaging
The Boston, MA-based SmackHigh, a social messaging platform for teens that aims to fight provide an interactive yet anti-bullying atmosphere, announced this morning that it has raised $1.65 million a seed round of funding. The round was led by Flybridge Capital Partners with participation from an AngelList syndicate led by Twitter’s head of product marketing, mobile platform, as well as Boston Seed Capital.
With Recent Funding, ZocDoc Enters Unicorn Club
ZocDoc, a startup whose mobile-first platform allows users to easily book doctor appointments, announced today that it has raised an additional $130 million in funding. With this new financing, the digital healthcare company is now valued at a whopping $1.8 billion, making it a new (and hefty) member of the Unicorn Club. The funding was led by Baillie Gifford and Atomico with participation from existing investor Founders Fund.
Carbon3D Raises $100M, Now Valued at $1 Billion
The 3D-printing starutp Carbon3D has closed a$100 million Series C round of funding led by Google Ventures and included participation from Reinet Investments, Yuri Milner, as well as additional investments by Sequoia Capital, Silver Lake Kraftwerk, and Northgate. The Chapel Hill, NC-based provider of 3D printing machinery and solutions plans to use this new financing to further accelerate its tech development.
Boulder’s Sovrn Holdings Raises $18M from Brad Feld’s Foundry Group
The Boulder, CO-based advertising company Sovrn Holdings announced this morning that it has raised $18 million in a funding round led by Brad Feld’s Foundry Group. Other participants in this round include returning investors Oak Investment Partners, Archer Venture Acquisitions, and John Battelle.
Let us know if we missed anything on today’s Tech.Co deals roundup by emailing us at email@example.com.
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