Six startup funding deals to know about for the week of Aug. 24



Six startup funding deals to know about for the week of Aug. 24

From: bizjournals.com

Here are six key startup funding deals for the week of Aug. 24, totaling to about $23 million. The list ranges from cybersecurity company Onapsis Inc. to an MIT-born startup developing high altitude wind turbines.

  • Onapsis Inc., a Boston-based cybersecurity startup, has raised $13.8 million in Series B funding with a total funding goal of $18.7 million, according to a regulatory filing with the Securities and Exchange Commission. Previous investors include .406 Ventures and supported by Endeavor Catalyst. Onapsis protects business-critical applications that manage highly-sensitive business information and processes. More than 100 global brands and government organizations that run mission-critical software, such as SAP and Oracle platforms, use Onapsis to help with security risks affecting them, according to a previous release.
  • Klaviyo, a Boston-based e-commerce email campaign startup, has raised $1.5 million in funding from Cambridge-based venture firm Accomplice and angel investors including David Cancel, Elias Torres and TJ Mahoney. The company’s product is being used at thousands of e-commerce companies to maximize return on email campaigns, and the startup will use the new money to accelerate growth in development and sales and marketing, according to a release.
  • Causemo, a Boston-based startup that aims to make it easier and more effective to raise money for good causes, has raised $4 million in new funding. Causemo offers an advanced, effective and scalable fundraising solution through its micro-donation platform and cause-based social network, according to its Web page on AngelList. Investors include Cambridge-based venture firm Accomplice via its Boston Syndicate, Park Vale Capital, Real Ventures and angel investors. Causemo is currently working with nearly 20 cause organizations, including Boys & Girls Clubs of America, Children’s Miracle Network Hospitals, and City Year, according to a release.
    Mobee, a Boston-based startup offering a mobile app that gives people financial incentives to become secret shoppers, has raised $5 million in Series A funding. The Boston Business Journal previously reported that the company was aiming to raise $3.5 million and move to bigger headquarters. Investors include Flint Capital. Mobee’s app aims to provide businesses with detailed data that likely wouldn’t be gleaned from traditional mystery shopper visits and the company’s previous investors include TiE Angels, LaunchCapital, Hub Angels and other angel investors.
  • Boston-based subscription-based food startup Just Add Cooking(JAC) has received an undisclosed investment from Cambridge-based Fresh Source Capital. “Aside from a capital investment, this partnership supports JAC’s mission to source ingredients locally and support the New England food ecosystem while also making it easier for people to cook at home,” a spokeswoman said. The startup offers users an easy way to prepare home-cooked meals by letting them select a meal plan and menu option online, and then purchasing, pre-measuring and packing fresh and locally-sourced ingredients in a box for the user to cook at their leisure.
    Altaeros, a Boston-based MIT-born startup developing high altitude wind turbines, received an undisclosed investment from Mitsubishi Heavy Industries and Suhail Bahwan Group. Founded in 2010, Altaeros was formed to commercialize the world’s first high altitude wind turbine, according to a release.

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