Funding & Deal Highlights:
New and used car marketplace CarLotz goes public via a business combination agreement with SPAC Acamar Partners Acquisition
Budderfly, a Shelton, Connecticut-based energy efficiency as a service provider, raises $7.8MM. The round was co-led by Edison Partners and Balance Point Capital, with additional participation from Connecticut Innovations.
Newfront Insurance, a San Francisco,-based technology-driven modern insurance brokerage, raises $100MM in funding.
Robust Intelligence, a San Francisco company that provides AI security solutions, raises $14MM in Seed and Series A.
Arctic Wolf, a Sunnyvale, California company, raises $200MM Series E round led by Viking Global Investors, with additional participation from DTCP and existing investors. This security operations company will accelerate the introduction of new security operations offerings and address new markets with the new funds.
Lili announced it has raised a $15MM funding round to accelerate growth as the American workforce is increasingly turning to freelance during COVID-19. The round was led by Group 11. Lili is an all-in-one banking app designed for freelance workers.
Render raises $4.5MM for its DevOps platform marketed as the simplest cloud provider in seed funding led by General Catalyst Partners.
Yuanfudao, a Chinese homework tutoring app founded in 2012, has raised $2.2BN from investors, in a second G round funding led by DST Global.
Atos, the European cloud, cybersecurity, and high-performance computer leader acquired U.S. Salesforce partner and software services company, Eagle Creek.
AavantiBio, a Cambridge, Mass.-based gene therapy startup focused on rare genetic diseases, raised $107MM in Series A funding from Perceptive Advisors, Bain Capital Life Sciences, RA Capital, and Sarepta Therapeutics