Category: foundation capital
Shopify brings on team from augmented reality home design app Primer
In Friday acquisition news, Shopify shared today that they’ve acquired the team from augmented reality startup Primer, which makes an app that lets users visualize what tile, wallpaper or paint will look like on surfaces inside their home. In a blog post, co-founders Adam Debreczeni and Russ Maschmeyer write that…
Read MoreBranch raises $50M to offer bundled auto & home insurance via an API
Branch Insurance, a startup offering bundled home and auto insurance, has raised $50 million in a Series B funding round led by Anthemis Group. Acrew, Cherry Creek Holdings and existing backers Greycroft, HSCM Bermuda, American Family Ventures, SignalFire, SCOR P&C Ventures, Foundation Capital and Tower IV also participated in the…
Read MoreWeav raises $4.3M to knit together a universal API for commerce platforms
Weav, which is building a universal API for commerce platforms, is emerging from stealth today with $4.3 million in funding from a bevy of investors, and a partnership with Brex. Founded last year by engineers Ambika Acharya, Avikam Agur and Nadav Lidor after participating in the W20 YC batch, Weav…
Read MoreJoanne Chen just became the first woman GP at Foundation Capital since founder Kathryn Gould
Joanne Chen just became the second general partner in the history of the now 26-year-old, Silicon Valley venture firm, Foundation Capital. Were she still alive, Foundation’s founder, Kathryn Gould, would undoubtedly cheer the development. Known for her big personality, Gould first met Chen when Chen was an MBA student at…
Read MoreSkyflow raises $7.5M to build its privacy API business
Skyflow, a Mountain View-based privacy API company, announced this morning that it has closed a $7.5 million round of capital it describes as a seed investment. Foundation Capital’s Ashu Garg led the round, with the company touting smaller checks from Jeff Immelt (former GE CEO) and Jonathan Bush (former AthenaHealth…
Read MoreMya Systems gets $18.75M to keep scaling its recruitment chatbot
Hiring chatbot Mya Systems — which uses a conversational AI to grease the recruitment pipeline by automating sourcing for agencies and large enterprises needing to fill lots of vacancies in areas such as retail and warehouse jobs — has closed an $18.75 million Series C. The funding round was led…
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