TechNY Daily

January 13, 2021
Edition 535

TechNY15 Stock Index: 1,648.98 (-14.72)

Keeping Our 50,000 Readers Informed and Connected


1. NYC’s Cockroach Labs, a cloud-native distributed SQL database developer, has raised $160 million in a Series E funding, valuing it at $2 billion. Altimeter Capital led the round and was joined by Greenoaks, Lone Pine, Benchmark, Bond, FirstMark, GV (Google Ventures), Index Ventures and NYC’s Tiger Global. The company’s CockroachDB allows users to “give their data a location” via a geo-distributed SQL database designed to ensure continuity in case of an outage. ( (PR Newswire)

2. NYC’s StreetCred, a location data platform, has been acquired by Snap, the parent company of SnapChat. The financial terms of the deal were not disclosed. StreetCred had previously raised $1 million in seed funding from Bowery Capital and Notation Capital. StreetCred will cease operations and four of its employees will join Snap’s location mapping initiative. ( ( (TechCrunch)

3. NYC’s Chronosphere, a cloud monitoring platform, has raised $43.4 million in a Series B funding. Investors included venerable Silicon Vally VC firm Greylock Partners, Lux Capital, Lee Fixel and General Atlantic. Based on the open source M3 platform, the company’s product can collect tens of billions of data points about an enterprise IT environment to give insight into potential technical issues. ( (SiliconAngle)

4. NYC’s Lantern, a death planning platform, has raised $1.4 million in a seed round funding. The round was led by Draper Associates. Lantern offers a “how-to” platform for preparing for end-of-life, offering checklists and monitoring to ensure that the vast majority of details are figured out in advance. ( (TechCrunch)


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5. NYC’s Glia, a digital customer service platform, has raised $78 million in a Series C funding. Insight Partners led the round with Interactive Intelligence also participating. The company’s platform manages customer interaction across whatever digital channel a customer happens to be using. ( (TechCrunch)

6. PPP loan round 2 starts today. A total of $250 billion has been allocated for the new round and smaller businesses (including most NYC tech companies) that did not receive a PPP loan the first time around can begin to apply today (January 11). Companies that did receive one of the original loans can apply for a second PPP loan beginning on Wednesday, January 13. (Fast Company)

7. NYC’s Partake Foods, an allergen-friendly cookie startup, has raised $4.8 million in a Series A funding. Investors included Marcy Venture Partners, FF2032, CircleUp Growth Partners, Black Capital, Seattle Seahawks’ Bobby Wagne and Black Star Fund. Partake Foods offers a range of gluten-free cookies that are free from the eight major allergens, including dairy, eggs, fish, shellfish, tree nuts, peanuts, wheat and soy. ( (Food Business News)

8. NYC’s Economic Development Commission has released a request for proposal (RFP) to partner with a company to recommend proptech startups that the city could roll out to its own real estate portfolio. The deadline for responses is February 5, 2021, and the EDC hopes to have its partner in place to start vetting the startups by late summer. The RFP can be found here. (Commercial Observer)

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Mantra Health (new)
Mantra Health is a digital mental health company on a mission to improve access to quality mental healthcare for university students throughout the United States through the marriage of evidence-based therapy and psychiatry with software, data, and design.
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Lukka (new)
We are a SaaS solution that makes crypto accounting easy. We are a trusted, blockchain-native technology team that is passionate about digital asset technology. Our team is continuously collaborating and designing new products and initiatives to expand our market presence. Technology and customers are at the center of our universe. We dedicate our energy to learning, building, adapting, and achieving impactful results.
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Summer’s mission is to help the 45 million Americans burdened by student debt save time and money through smart, algorithm-based recommendations. Summer combines policy expertise and innovative technology to serve student loan borrowers across the country.
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Our mission: To democratize Discovery.
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A personalized subscription site for pop culture’s biggest fans.
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Founded by Dave Duffield (founder and former CEO of Workday and PeopleSoft) in 2017, Ridgeline’s goal is to revolutionize technology for the investment management industry. We are building an end-to-end cloud platform on a modern infrastructure using AWS, serverless technologies, which up to this point hasn’t been done in the enterprise space.
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Simon Data is the only enterprise customer data platform with a fully-integrated marketing cloud. Our platform empowers businesses to leverage enterprise-scale big data and machine learning to power customer communications in any channel.
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Retirement made easy.
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Hyperscience is the automation company that enables data to flow within and between the world’s leading firms in financial services, insurance, healthcare and government markets. Founded in 2014 and headquartered in New York City with offices in Sofia, Bulgaria and London, UK, we’ve raised more than $50 million raised to date and are growing quickly. We welcome anyone who believes in big ideas and demonstrates a willingness to learn, and we’re looking for exceptional talent to join our team and make a difference in our organization and for our customers.
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Braavo provides on demand funding for mobile apps and games. We offer a flexible and affordable funding alternative to the traditional sources of capital like working with a VC or bank. We’re changing the way mobile entrepreneurs finance and grow their app businesses. Our predictive technology delivers on demand, performance-based funding, without dilution or personal guarantees. By providing non-dilutive, yet scalable alternatives to equity, we’re helping founders retain control of their companies.
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At Yogi, we help companies decipher customer feedback, from ratings and reviews to surveys and support requests. Companies are inundated with feedback, but when it comes to turning this data into actionable business decisions, most companies fall short. That’s where Yogi fits in.
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We’re passionate marketers, engineers and innovators building the technology to power the future of commerce. We’re a B2B2C SaaS platform helping the world’s most interesting retailers and direct-to-consumer brands remove friction from the customer experience to deliver recurring revenue through subscriptions programs — shifting their consumer interactions from one-and-done transactions to long-lived, highly profitable relationships.
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Upper90 is an alternative credit manager based in New York City that has deployed over $500m within 18 months of inception.
Investor Relations Analyst

UpScored is the only career site that uses data science to connect you with jobs suited specifically to you while automatically learning your career interests. Its AI-powered platform decreases job search time by 90%, showing you the jobs you’re most likely to get (and want) in less than 2 minutes.
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Senior Backend Developer is a video review and collaboration platform designed to unify media assets and creative conversations in a user-friendly environment. Headquartered in New York City, was developed by filmmakers, VFX artists and post production executives. Today, we support nearly 1 million media professionals at enterprises including Netflix, Buzzfeed, Turner, NASA & Vice Media.
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Attentive is a personalized text messaging platform built for innovative e-commerce and retail brands. We raised a $230M Series D in September 2020 and are backed by Sequoia, Bain Capital Ventures, Coatue, and other top investors. Attentive was named #8 on LinkedIn’s 2020 Top Startups list, and has been selected by Forbes as one of America’s Best Startup Employers.
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NYC startup revolutionizing the locksmith industry with innovative robotics and mobile technology.
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Button’s mission is to build a better way to do business in mobile.
Enterprise Sales Director — New York

Postlight is building an extraordinary team that loves to make great digital products — come join us!
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