Fivetran is now hiring, Instacart is surging, Discord is rebranding, plus more Bay Area funding news from the past week.
Fivetran grabs $100M. The latest round for the data integration startup solidifies its unicorn status and brings its total valuation to $1.2 billion. The Oakland-based company will use the additional funding to expand the size of its team and explore new markets. According to the company, Fivetran saves engineers and analysts time by standardizing data integration and maintenance. [Built In SF]
Instacart raised $100M. The grocery delivery startup has seen an unprecedented surge in demand due to the pandemic, and just raised additional funding to scale the business and bring its valuation to $13.8 billion. It previously raised $250 million in June. [Business Insider]
Discord got $100M. The new funding for the messaging platform brings the company’s total valuation to $3.5 billion. Given the latest round of financing, the company is looking to broaden its user base to include those outside of the gaming community. Discord wants to make its invite-only chat server software accessible to everyone. According to the company, Discord has over 100 million monthly active users. [Built In SF]
Evidation raised $45M. The healthtech startup closed on a Series D round led by B Capital Group. The company will use the additional funding to scale its marketing and business development teams and expand into new markets. According to the company, Evidation’s platform gives healthcare providers valuable data to help them create better health outcomes for their patients. [Businesswire]
Fauna grabs $27M. The API development startup closed on a Series A round led by Madrona Venture Group. The global serverless database will put the additional funding toward general growth efforts and improving the developer experience with new features. According to the company, the latest investment brings Fauna’s total amount of financing to $57 million. [TechCrunch]
Codefresh raised $27M. The latest round for the DevOps platform was led by Red Dot Capital Partners with additional participation from Shasta ventures. According to the company, Codefresh launched as the first continuous integration and delivery platform for Kubernetes. The company’s platform is used by DevOps teams at Epic Games, TBS and Gap, among others. [Businesswire]
Area 1 Security grabs $25M. The new funding for the email security company was led by ForgePoint Capital. The company’s security technology preemptively targets email-related cyber attacks. The company will use the funding to invest in product research and development. [FINsmes]
Sundae secured $25M. The real estate company closed on a Series A round led by QED investors with additional participation from Founders Fund. According to the company, Sundae provides a marketplace for sellers of distressed property to connect with the best buyer. The company also operates as a property investor. The additional funding will be used to expand the company’s reach in new markets across the United States. [PRWeb]
Bluedot raised $9.1M. The geofencing and location data startup closed on a Series B round led by Autotech Ventures. According to the company, Bluedot will use the additional funding to launch Tempo, a predictive time-based technology that will provide businesses with real-time alerts to know when a customer is approaching. The company’s clients include Dunkin Donuts, McDonald’s and Transurban. [TechCrunch]
