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.
Subscribe to the Crunchbase Daily
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.
Cybersecurity
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
Enterprise software
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
M&A
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
Stay up to date with recent funding rounds, acquisitions, and more with the Crunchbase Daily.
67.1K Followers