Crunchbase Daily: Lyft, CloudBees, Ceres Imaging, BitSight Technologies, tastytrade – June 28, 2018
Crunchbase Daily: Lyft, CloudBees, Ceres Imaging, BitSight Technologies, tastytrade – June 28, 2018
Lyft raises $600M at $15.1B valuation
Lyft, the second largest U.S. ride-hailing app, just raised $600 million in a funding round led by Fidelity. The financing reportedly values the company at $15.1 billion, double where it was just over a year ago.
Amazon to swallow PillPack
Amazon.com announced that it plans to acquire Boston-based PillPack, an online pharmacy that offers pre-sorted doses of medications, in a deal reportedly valued at just under $1 billion. Founded in 2013, PillPack previously raised nearly $120 million in venture funding.
EverQuote prices IPO
Online insurance markeplace EverQuote raised $84 million in an IPO on Nasdaq, pricing shares slightly above the projected range.
Beverage startups soak up capital
Investors have been pouring hundreds of millions of dollars a year into beverage startups, a Crunchbase News analysis finds. They’re betting there will be big returns from products ranging from cheese tea to deep ocean water to custom instant coffee.
Lyft is a ride-hailing company that matches drivers with passengers who request rides. The San Francisco based company plans to use the funds to expand its transportation options, including self-driving vehicles and scooters.
Categories: Apps · Mobile · Software · Transportation · Mobile Apps · Peer to Peer · Ride Sharing
Founders: John Zimmer, Logan Green
Investors: Fidelity Management and Research Company (Lead), Senator Investment Group
CloudBeesCloudBees provides an enterprise-grade continuous DevOps platform powered by Jenkins. Headquartered in San Jose, the company will use the funding for strategic partnerships, innovation, and accelerating global business growth organically and through M&A.
Categories: Internet Services · Software · Cloud Computing · Enterprise Software
Founders: Michael Neale, Laurence Poussot, Adrian Brock, François Déchery, Ryan Campbell, Vivek Pandey, Kohsuke Kawaguchi, Sacha Labourey
Investors: Golub Capital (Lead), Delta-v Capital (Lead), Unusual Ventures, + 3 more
Ceres ImagingCeres Imaging is an aerial spectral imagery and analytics company that serves farmers and agribusinesses. Based in Oakland, the company’s data provides customers in the U.S. and Australia with insights on how best to fertilize, water, and apply pesticides to their crop.
Categories:
Agriculture and Farming · Consumer Electronics · Consumer Goods · Data and Analytics · Hardware · Science and Engineering · Software · Agriculture · Big Data · Drones · Robotics
Founders: Ashwin Madgavkar
Investors: Romulus Capital, Insight Venture Partners (Lead)
