Bra-fitting, anonymous adolescent messaging and the Google-backed augmented reality startup Magic Leap all raised money this past week. Here’s what happened:
Capital Gains: Car Tech, Bra-Fitting, Magic Leap and Other Funding News
Magic Leap raised another gargantuan round.
Todd Bernard
- Magic Leap, the secretive Florida-based augmented reality startup, finished up a new round of funding. Last week, the company announced a $793.5 million round, led by Alibaba. Other investors include J.P. Morgan, Google, Morgan Stanley, Fidelity Investments and Warner Bros.
- Index Ventures last week raised $550 million for seed and venture investments. That was after it had recently announced a $700 million fund for later-stage companies raised in 2015. Index just added former Twitter CEO Dick Costolo as venture partner and also promoted Shardul Shah to partner.
- A group of Hollywood studios that includes Disney, Fox and Lionsgate are investing $50 million in the movie ticketing app Atom Tickets, which plans to launch this summer (Hollywood Reporter).
- Maryland-based cyber security startup Sonatype raised $30 million in a new round of funding led by Goldman Sachs. Its previous rounds were led by Accel Partners and NEA (Washington Post).
- Curalate, a company that makes marketing software that focuses on image recognition, raised a $27.5 million funding round led by New Enterprise Associates (TechCrunch).
- Analytics firm Geofeedia, which mines social media for location data, raised $17 million in a round led by Silversmith Capital Partners (Chicago Tribune).
- A year ago, the anonymous messaging app After School was banned from Apple’s App Store for four months. Last week, the company said that it had raised $16.4 million in funding. The investment was led by Accomplice, with participation from Cowboy Ventures, Parse co-founder Tikhon Bernstam and AngelList founder Naval Ravikant.
- Zendrive, a startup that develops software that analyzes driver behavior, raised $13.5 million in a round led by Sherpa Venture’s Shervin Pishevar. Nyca Partners, Thomvest Ventures, First Round Capital and BMW iVentures also kicked in some cash.
- The couple behind the bra-fitting app ThirdLove have raised $8 million in funding in a round led by NEA, including investment from Spanx CEO Laurie Ann Goldman and REI Chairman John Hamlin (Fast Company).
- Secure messaging app Wiper raised a $2 million seed round from undisclosed investors and launched an indie movie streaming service (The Next Web).
This article originally appeared on Recode.net.
See More:
