The list of companies that raised funding last week includes an automated financial adviser, Silicon Valley darling Slack, would-be Slack competitor Asana and a bunch of others, including a juicing startup. Here’s what happened on the funding front:
Capital Gains: Juice, Sleep Wearables, Robo Advising and Slack Raised a Lot of Money
Slack hit a nearly $4B valuation.
Todd Bernard
- Fast-growing and Silicon Valley-beloved workplace communications service Slack raised $200 million at a $3.8 billion valuation. This round included new investors Thrive Capital, Comcast Ventures and GGV, as well as previous backers (Andreessen Horowitz, GV, Spark Capital, Kleiner Perkins Caufield & Byers and others).
- Betterment, a service that automates investing for (largely) mom-and-pop consumers, raised $100 million in funding at a $700 million valuation. Betterment is the largest such service (competitors Wealthfront and Personal Capital are Nos. 2 and 3, respectively), and this most recent round was led by Swedish firm Investment AB Kinnevik (Bloomberg).
- Asana, the workplace-software maker co-founded by Facebook co-founder Dustin Moskovitz, raised a $50 million Series C funding round led by Y Combinator’s Sam Altman, with participation from Mark Zuckerberg, Zappos CEO Tony Hsieh, 8VC and others (Fortune).
- Airware, which is working on a universal operating system for drones, raised $30 million for a Series C round led by Next World Capital, with participation from Andreessen Horowitz, Cisco chairman John Chambers and Kleiner Perkins (The Verge).
- Invoca, which makes technology to track and operate phone calls, raised $30 million in a Series D funding round led by Morgan Stanley and Alternative Investment Partners (AdAge).
- Juicing-machine maker Juicero is in the middle of raising $28 million in new funding. The company has already raised $16.5 million Series A and $70 million Series B rounds from a group of investors that includes GV (formerly Google Ventures) and Kleiner Perkins (New York Times).
- Playbuzz is a startup (led by the son of incarcerated former Israeli Prime Minister Ehud Olmert) that makes tools for online content so that publishers can be more like BuzzFeed. The company landed $15 million in funding, most of which came from Disney and billionaire Haim Saban (Wall Street Journal).
- Turner led a $15 million investment in the digital publication Mashable, alongside Time Warner Investments (the investing arm of parent company Time-Warner) and Updata Partners (Wall Street Journal).
- Rythm, a French startup that makes a vibrating headband to help customers sleep better, raised $11 million from a group of investors that includes French doctor Laurent Alexandre and billionaire telecom mogul Xavier Niel.
- Kuvee, a company that wants to be the Keurig for wine, announced $6 million in funding from General Catalyst and Founder Collective, and said that it was launching individual wine canisters for its $199 decanter dispensing system (Bloomberg).
This article originally appeared on Recode.net.
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