Several tech companies in the Bay Area raised hundreds of millions of dollars last week, launching some of those companies into the coveted unicorn club. Others gave away money to invest in a less polluted world. Read on to hear what you missed last week. This is the Built In SF weekly refresh.
SpotOn raised $300M. The payment software company provides businesses with a suite of payment and management software tools to keep track of transactions and manage their entire business in one place. The round, which brings SpotOn’s valuation to $3.6 billion, was led by Dragoneer Investment Group and will be used to continue product development. [Built In SF]
Glean raised $100M and became a unicorn. The company’s work assistant program is able to search across apps used by a company to help employees find people and information quickly and easily. The fund led by Sequoia brings Glean’s valuation to $1 billion. [Glean]
SF Tech Quote of the Week
We talked to Sesh about their virtual support groups for Ukrainians. The mental health company has partnered with BigCommerce, Bravado.co, Zencastr and Virtasant to provide Ukrainian employees with free access to the platform’s 150-plus virtual mental health group support sessions. We sat down with them to learn more about the company’s story and how it is supporting employees through difficult times. [Built In SF]
Imply got $100M. The Series D funding round was led by Thoma Bravo. Imply is a data analytics database built with developers in mind by giving them the ability to create interactive data experiences on streaming and to batch data without constraints. [Business Wire]
Ripple pledged $100M for carbon offsets. The enterprise blockchain and crypto solutions company announced it committed to the funds to help accelerate carbon removal and carbon market modernization. The investment will go toward carbon removal companies and climate-focused fintech companies. It also hopes to reach a net zero of carbon emissions by 2030 or sooner. Ripple is also currently hiring. [Business Wire]
Vivun bagged $75M. The Series C round was led by Salesforce Ventures and brings the company’s total raised capital to $131 million. Vivun is an AI-powered pre-sales platform that help sales team deliver excellent buyer experiences and help companies stand out. [TechCrunch]
In more funding news: Mirvie raised $60 million to continue to develop its proprietary Mirvie RNA platform, which predicts unexpected pregnancy complications. [Business Wire]
N3TWORK Studios raised $46 million to launch two new games: Legendary Heroes Unchained, a crypto-native title, and Triumph, a real-time multiplayer RPG. [Built In SF]
Climate monitoring data company UrbanFootprint raised $25 million in a Series B funding round led by Citi and Social Capital. The company it plans to use the funding to accelerate the delivery of climate and community intelligence data to energy, government, finance and real estate sectors. [Built In SF]
