Nuro raised $500M. This round, led by T. Rowe Price Associates, will enable Nuro to ramp up production of its innovative robotic vehicles and fill numerous new positions at its Mountain View headquarters. Nuro’s R2 vehicle was engineered to carry packages and deliver them without human assistance. Other companies with driverless tech secured generous funding this year as well, suggesting that investors are banking on these state-of-the-art inventions becoming the norm. [Built In SF]
SentinelOne pulled in $267M. The Mountain View cybersecurity company’s Series F raise contributed to its consistent expansion, allowing for new research and development toward projects including Singularity, its machine learning-based cloud security platform. This XDR platform provides a combined overview of everything happening across an organization’s enterprise network in real time. This round was led by Tiger Global Management. [Built In SF]
Carbon Health raised $100M. As patient volume has increased drastically with the onset of the pandemic, Carbon Health’s Series C funding round led by Dragoneer Investment Group will help the company expand its resources to accommodate this surge. This growth will include a hiring push for newly opened positions in data science, design, engineering, sales and marketing. [Built In SF]
Menlo Security pulled in $100M. The Series E round led by Vista Equity Partners will help the cybersecurity startup accelerate its market initiatives and grow its staff. The Palo Alto company’s cloud-based security solution singles out malware threats without employing endpoint software, providing enterprises with real-time tracking of their users, data and applications. [Built In SF]
Remote secured $35M. The HR platform’s Series A round was led by Index Ventures and will allow the platform to further its prominence as a competitive solution in assisting companies to recruit employees from around the world. As remote work has become the new norm for millions of companies since its launch in April, Remote has already accumulated thousands of customers including companies like GitLab and Loom. [BusinessWire]
Isovalent raised $29M. This Mountain View startup focuses on cloud-native networking. With a Series A round led by Andreessen Horowitz and Google, the company launched an enterprise version of its networking and security platform, Cilium. With this platform, enterprises can connect, observe and secure their applications. A few companies that have already started using Cilium include Google, Adobe, and Capital One. [TechCrunch]
Solv Health got $27M. The company sells software to healthcare providers to optimize patient management. Amid the ongoing pandemic, urgent care clinics have become the primary interaction patients have with healthcare professionals, necessitating the reduction of in-person contact. This new funding round led by Acrew Capital has helped expedite the digital transformation of medical practice. [Axios]