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Owlet Raises $24 Million in Series B Funding

Baby sock monitor company Owlet announced a $24 million Series B funding round. “As a company of parents, it is important to us to bring innovative technology into a family’s everyday life,” Co-Founder Kurt Workman said. “This new round of funding will enable us to expand our product line and explore ways to support the health and wellness of families at all stages, from pregnancy on…

Pelion Ventures Leads $10.5 Million Round for Divvy

Divvy is positioned to be the one stop shop for business spending. “We are removing barriers of entry by providing a free, yet powerful, solution for businesses as they spend. We’re passionate about helping every business spend smarter.” said Blake Murray, CEO of Divvy. Since launching its product in January 2018, Divvy boasts tens of thousands of users and hundreds of companies using the platform.

Canopy Raises $30 Million To Make Taxes Easier

Tax resolution software Canopy raised an addition $30 million in new Series B financing led by Silicon Valley-based New Enterprise Associates, announced this week. Wells Fargo Strategic Capital, Pelion Ventures, University Growth Fund, and EPIC Ventures also participated in the round. This latest round of funding brings the company’s aggregate total funds raised to $60 million.

Neighbor, a p2p self storage marketplace, bags $2.5M Seed

Co-founder Preston Alder says he came up with the idea for the business when he was a student about to move to Peru for a summer internship and needed to find a nearby place to store his stuff — but didn’t want to fork out on traditional storage costs. On the two hour drive to a friend’s house who had agreed to store his stuff, he realized there were probably a lot of people with extra storage…

Neighbor raises $2.5M for its peer-to-peer storage marketplace

Neighbor connects users to their neighbors to store their stuff cheaper and more safely. In big cities, it’s not very hard to find a facility to store your stuff. They’re basically everywhere in cities like New York and San Francisco, but that’s not really the case in a lot of places around the country, however, including smaller cities.

Stream Processing Startup Secures $5 Million, a real-time stream processing company, raised $5 million in a seed round co-led by CrossCut and Pelion Venture Partners, with participation from existing investor NVIDIA.

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