Briefing

The Briefing: Bigeye Lands Series B, LG Buys Cybellum, And More

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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Bigeye lands $45M Series B for data platform

Bigeye, developer of a data quality engineering platform for enterprises, announced that it has raised $45 million in a Series B funding round led by Coatue.

Sequoia Capital and Costanoa Ventures also participated in the financing for the San Francisco-based company, which just raised a $17 million Series A in April.

— Joanna Glasner

LG acquires Cybellum in $240M deal

South Korean electronics giant LG Electronics is acquiring, Cybellum, an Israeli automotive cybersecurity startup, in a deal valued at around $240 million. Founded in 2016, Cybellum previously raised at least $15 million in known funding, per Crunchbase data.

— Joanna Glasner

Blockchain

Argo Blockchain prices US listing: London-based Argo Blockchain, a developer of blockchain technology focused on large-scale crypto mining, priced shares for its U.S. stock listing at $15 each, bringing in $113 million. Argo shares were already listed on the London Stock Exchange.

— Joanna Glasner

Illustration: Dom Guzman

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