These Bay Area tech startups pulled in huge venture sums last month, blowing right past May’s largest funding rounds. These companies are innovating enterprise software, self-driving vehicles and several other areas with their fresh capital. Here are the companies taking big steps toward the future of tech.
#5. $275 million, June 15
Shaking up the home maintenance space is Thumbtack, with its platform that helps homeowners easily find professionals plumbers, painters, landscapers and more. Now equipped with a $275 million investment from Qatar Investment Authority and others, the company is valued at $3.2 billion. Thumbtack says it’ll invest this cash in building out its business and expanding its network of home service professionals.
#4. $314 million, June 9
With its blockchain infrastructure solution that lets developers quickly build and deploy market-ready applications at scale, blockchain startup Solana Labs raised a $314.15 million token sale led by Andreessen Horowitz and Polychain Capital. The new capital enables the company to further decentralized app development on its platform, and launch a venture investing arm, incubator and trading desk. To date, the company has raised $335.8 million in venture funding.
#3. $325 million, June 17
Following its latest funding round, database company Neo4j now boasts a valuation of more than $2 billion. With its $325 million Series F round co-led by Eurazeo and GV, the San Mateo-based company is continuing its work disrupting the database space with its graph-based analysis product. Currently serving over 800 customers, the platform offers companies solutions for data storage and data science.
#2. $1 billion, June 22
Having secured a sizable investment from Silver Lake, Splunk, which specializes in developing infrastructure software, is poised to grow its business. Its cloud-based data-to-everything platform provides companies with tools for security, IT operations and observability, working to help businesses succeed in their digital initiatives.
#1. $2.5 billion, June 16
This company builds autonomous vehicles, and, last month, it closed on its second round of outside funding — $2.5 billion from Alphabet, Silver Lake, Tiger Global and more. Waymo is putting this capital toward expanding its robo taxi ride-hailing service into additional markets. Right now, it only offers these services publicly within a 100-square-mile area in Arizona.
