INSUBCONTINENT EXCLUSIVE:
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Today, the last day of
countdown of the largest rounds that took place this year in Utah
details concerning what the company does and who backed it
data for this project (here)
Despite that, however, Boston is often pigeon-holed as a biotech hotbed with little technology that folks from San Francisco can understand
These are startups that will to take up more and more media attention as they march towards the public markets
The company is backed by Fonterra Ventures, Louis Dreyfus Corp, and General Atlantic.Motif works in the alternative food space, creating
things like fake meat and alt-dairy
Lots of folks want to eat less meat for ethical or ecological reasons (often the two intertwine)
That demand is powering a number of companies forward
a total of $158.5 million
It raised just $8.5 million in total (across a small Seed round and a modest Series A) before its mega-round
How did it manage to raise such an enormous infusion in one go? As TechCrunch reported when the round was announced in April of this
year:The company is growing in leaps and bounds
It currently has 12,000 customers
To put that into perspective, it had just 1,000 at the end of 2016 and 5,000 at the end of 2017.That will get the attention of anyone with a
The Summit Partners and Astral Capital-backed company has huge capital reserves for what we presume is the first time in its life
(warning: estimates were used in the creation of that number).5
The startup has raised over $300 million to date according to Crunchbase, including capital from Insight Partners, ICONIQ Capital,
public? An interview earlier this year put 2021 on the map as a target for the startup
Indeed, CrowdStrike went public to great effect in June of 2019; Cybereason announced its huge round two months later in August
Surprise.As far as backing goes, Cybereason has friends at SoftBank, with the Japanese conglomerate leading its Series C, D, and E rounds
Prior leads include CRV and Spark Capital.The market is hot for SaaS-y security companies, meaning that there is natural pressure on
The firm, worth a flat $1.0 billion post-money after its latest round, is therefore an obvious IPO candidate for 2020
If it has the guts, that is
staffers do more, more quickly
New Enterprise Associates led its 2014, 2016, and 2017 Series A, B, and C rounds
That round creatively valued the firm at, you guessed it, $1.0 billion according to Crunchbase.DataRobot is hiring like mad (343 open
positions as of this morning) and buying other companies (three in 2019)
