Skip to main content

The context you need, when you need it

When news breaks, you need to understand what actually matters — and what to do about it. At Vox, our mission to help you make sense of the world has never been more vital. But we can’t do it on our own.

We rely on readers like you to fund our journalism. Will you support our work and become a Vox Member today?

Join now

Capital Gains: Wi-Fi in Buses, Study Abroad, Another Uber Investment and More Funding News

Uber found another $200 million.

Todd Bernard

Some funding headlines from this past week: Uber added another investor, a startup for college study abroad raised major funding and so did a cyber security company that is literally called Digital Shadows. Spooky! Here are more details on what went down in startup funding in the last seven days:

  • Uber landed another $200 million in funding from LetterOne, the investment arm of Russian-Israeli billionaire Mikhail Friedman. Within the last couple months, Uber raised $2 billion from investors at a valuation of more than $62 billion (Wall Street Journal).
  • ThinkingPhones, an enterprise software startup that makes “voice, video, text and collaboration apps,” is now calling itself Fuze. In addition, the company also disclosed a $112 million funding round led by Summit Partners, with participation from Bessemer Venture Partners and Technology Crossover Ventures (VentureBeat).
  • “Airbnb but for college kids studying abroad” platform Student.com landed $60 million in new funding from Dubai’s YV Capital, Chinese billionaire Li Ka-Shing’s Horizon Ventures and other investors (Bloomberg Business).
  • Hired operates a job recruitment platform that works a little differently: Companies apply to hire prospective workers, instead of the other way around. The startup announced a $40 million round last week, led by Lumia Capital (VentureBeat).
  • Big data management startup Trifacta raised $35 million from a group of investors that includes Cathay Innovation, Accel Partners, Greylock Partners and Ignition Partners (Fortune).
  • Veniam, which makes Wi-Fi hotspots for buses and other mass transit, raised $22 million in a Series B round led by Verizon Ventures. Other investors include Cisco Investments, Union Square Ventures, Yamaha Motor Ventures and True Ventures (Silicon Valley Business Journal).
  • Digital Shadows, a British cyber security company that monitors the Internet for when corporate data gets leaked, raised $14 million from a group of investors led by Trinity Ventures, and includes Storm Ventures, TenEleven Ventures and Passion Capital (Business Insider).
  • Database management startup Diffbot raised $10 million in a Series A round led by Tencent and Felicis Ventures (Silicon Valley Business Journal).
  • Gorgias, a startup that uses artificial intelligence to power its help desk software for client companies, raised $1.5 million in seed funding from Charles River Ventures, Amplify Partners and Kima Ventures (TechCrunch).

This article originally appeared on Recode.net.

More in Technology

Technology
The case for AI realismThe case for AI realism
Technology

AI isn’t going to be the end of the world — no matter what this documentary sometimes argues.

By Shayna Korol
Politics
OpenAI’s oddly socialist, wildly hypocritical new economic agendaOpenAI’s oddly socialist, wildly hypocritical new economic agenda
Politics

The AI company released a set of highly progressive policy ideas. There’s just one small problem.

By Eric Levitz
Future Perfect
Human bodies aren’t ready to travel to Mars. Space medicine can help.Human bodies aren’t ready to travel to Mars. Space medicine can help.
Future Perfect

Protecting astronauts in space — and maybe even Mars — will help transform health on Earth.

By Shayna Korol
Podcasts
The importance of space toilets, explainedThe importance of space toilets, explained
Podcast
Podcasts

Houston, we have a plumbing problem.

By Peter Balonon-Rosen and Sean Rameswaram
Technology
What happened when they installed ChatGPT on a nuclear supercomputerWhat happened when they installed ChatGPT on a nuclear supercomputer
Technology

How they’re using AI at the lab that created the atom bomb.

By Joshua Keating
Future Perfect
Humanity’s return to the moon is a deeply religious missionHumanity’s return to the moon is a deeply religious mission
Future Perfect

Space barons like Jeff Bezos and Elon Musk don’t seem religious. But their quest to colonize outer space is.

By Sigal Samuel