Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.
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Quantexa raises $153M
London-based Quantexa, a provider of network analytics tools for detecting and preventing financial crime, raised $153 million in Series D funding backed by Warburg Pincus and a long list of existing investors.
Founded in 2016, Quantexa previously raised around $88 million in known funding, per Crunchbase data.
Xtremepush lands $33M
Dublin-based Xtremepush, an online customer engagement platform, raised $33 million in fresh financing. The fundraise includes equity funding from Grafton Capital as well as a refinanced debt facility. Founded in 2014, Xtremepush is known as a provider of software for direct digital marketing.
Arctic Wolf secures $150M at $4.3B valuation: Minnesota-based Arctic Wolf closed a $150 million Series F, just nine months after a $200 million Series E and is another example of the explosion of funding cybersecurity is seeing.
The new round — which values the company at $4.3 billion — included participation from Viking Global Investors, Owl Rock and other existing investors. Founded in 2012, the company has raised nearly $500 million, according to Crunchbase data.
Companies like Arctic Wolf, as well as others like Deepwatch and eSentire, help customers manage a growing amount of tools and offer security operation center services, an increasingly popular market among investors.
— Chris Metinko
Pantheon hits $2B valuation: San Francisco-based SaaS platform developer Pantheon closed a $100 million Series E at a valuation of more than $1 billion. The sole investor was SoftBank Vision Fund 2. Pantheon’s software aims to allow web teams to more quickly and efficiently develop modern websites. Founded in 2010, Pantheon has raised $200 million to date.
— Chris Metinko
Updater buys Dolly: New York-based Updater, a venture-backed end-to-end moving service, is acquiring Dolly, an on-demand moving startup, for an undisclosed sum. Founded in 2014, Seattle-based Dolly previously raised around $17 million in venture funding.
— Joanna Glasner
Illustration: Dom Guzman
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