Business and Economy

Tamara Mellon, Optimizely, Camp, Razorpay and Bounce

Here’s who’s raising hypergiant rounds in 2019

So-called hypergiant funding rounds totaling $250 million or more are still a relative rarity in startup-land. However, they’ve gotten more common in recent quarters. Crunchbase News take a look at who’s raised these massive sums this year, and what they’re doing with the cash.

Tamara Mellon raises $50M for fancy shoes

Investors are stepping up their shoe game. Tamara Mellon, a Los Angeles-based maker of high-end women’s shoes named for its founder, has raised $50 million in a Series C round led by Centricus.

Optimizely raises $50M Series D

San Francisco-based Optimizely, a platform for experimentation and testing of digital customer experiences, just scored $50 million in funding from Goldman Sachs and Accenture Ventures, along with $55 million in fresh debt funding.

Kid retailer Camp raises $10.5M

New York-based retail shop Camp filed paperwork indicating it’s raised $10.5 million out of a targeted $11 million in equity funding. Founded last year by Buzzfeed marketing chief Ben Kaufman, Camp is a retail concept for kids and parents, offering a rotating selection of toys and other goods as well as classes.

Crunchbase: Brooklyn’s a proven leader in startup growth

Using Crunchbase data, New York City–based think tank the Center for an Urban Future (CUF) published a new report entitled “Brooklyn’s Growing Innovation Economy.” It finds that Brooklyn’s growth in tech, creative, and innovative manufacturing sectors outpaces Manhattan and nearly every other major city.

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