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June 21, 2017
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Uber CEO Kalanick resigns
Travis Kalanick resigned as CEO of [Uber]( after several of the company’s largest shareholders demanded he step down in the wake of a series of scandals that rocked the ride-hailing giant. There’s no word of a replacement yet. Kalanick’s [resignation]( follows a string of executive departures at Uber.
Cybereason raises $100M for security
[Cybereason]( a provider of endpoint detection tools for cybersecurity, [announced]( that it has raised $100 million in Series D financing from SoftBank, its largest existing investor. The new round brings total financing for Boston-based Cybereason to $189 million.
As US-China VC deals rise, hurdles loom
The U.S. government is reportedly considering new restrictions on Chinese investment into American companies working on artificial intelligence and other technologies deemed strategically important. If that happens, it could put a damper on what’s been a pattern of sharp growth in cross-border venture investments in the past few years, a [Crunchbase News analysis]( finds.
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Featured Searches and Lists
Name Type Entries
[Unicorns headquarted in China]( Companies 73
[Security companies funded in the last year]( Funding rounds 510
[Companies that have recently changed CEOs]( Companies 174
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Recent Investments
[Cybereason](
[$100M]( / [Series D](
Cybereason helps companies counter cyberattacks in real time. The Boston-based company has over 200 customers including Lockheed Martin, SoftBank, and Motorola.
Categories:
Boston · Real Time · Enterprise Software · Cyber Security
Founders:
[Yonatan Amit]( [Lior Div]( [Yossi Naar](
Investors:
[SoftBank]( (Lead)
[KEYPR](
[$19M]( / [Series A](
KEYPR is a guest experience and management platform for hotels, casinos, and luxury residences. The Los Angeles-based company will use funding towards continued platform innovation, IP development, and operational scaling.
Categories:
Los Angeles · Cloud Data Services · Hospitality · Cloud Management
Founders:
[Nizar Allibhoy]( [Sabir Jaffer]( [Mark Anderson](
Investors:
[Karlani Capital]( (Lead), [Simon Turner]( [Richard Haddrill]( [+ 1 more](
[Misty Robotics](
[$12M]( / [Series A](
Misty Robotics builds personal robots for homes and offices. The Boulder, CO-based company’s first product is set to hit the market next year.
Investors:
[Venrock]( (Lead), [Foundry Group]( (Lead)
More Investments
Company Amount / Round Lead Investor
[Tripleseat Software]( $7.0M / Venture [Level Equity](
[Mswipe Technologies]( $31M / Series D [UC-RNT Fund](
[Atom Bank]( 30M GBP / Debt Financing [British Business Bank Investments](
[Sequent]( $16M / Series C [TIS](
[Ease Central]( $6.5M / Series A [Propel Venture Partners](
[Lingokids]( $4.0M / Seed [HV Holtzbrinck Ventures](
[Cosmo Tech]( $3.0M / Series B [Sofimac Partners](
[TrueLayer]( $3.0M / Series A [Anthemis Group](
[Modern Message]( $2.0M / Series A [AXA Strategic Ventures](
[Simply Wall St]( $1.8M / Venture –
[All Recent Funding Activity](
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Recent Acquisitions
[codebender](
Acquired by [Codeanywhere](
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Company Acquired by Amount
[Certify]( [K1 Investment Management]( [$100M](
[OptionsCity Software]( [Vela Trading Technologies]( –
[3SI Security Systems]( [LLR Partners]( –
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June 28, 2017 8:30am in San Francisco
Keiretsu Forum San Francisco Meeting is a monthly meeting feature 5 presenters from early stage companies.
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