Tech &Finance: For the beginning of this week Connectikpeople captured more than 52 rounds and $1.16 billion in fundings.
As you can observe with us,
lot of entrepreneurs have achieved their dreams this beginning of the week. Among
them, we have Okta (San Francisco-based identity management
service), has raised a series D round of
$27 million led by Sequoia Capital with participation from Greylock Partners, Khosla Ventures, and Andreessen Horowitz.
Connectikpeople may recall
that, Okta's enterprise-grade platform integrates with existing directories and
identity systems, as well as thousands of
on-premises, cloud-based and mobile
applications, to enable IT to securely manage access anywhere and from any device.
As from now, Okta will use the
capital to continue growing in North America and expand internationally
Upworthy (New York-based social media site ) , has raised $8 million in
series A funding led by Spark Capital with participation from Catamount Ventures, Knight Foundation, and Uprising. In its commitment, Upworthy aims to make videos with a
message go viral. Henceforth, it will use the latest funding to focus on
building revenue streams through its editorial content. The company has raised
a total of $12 million to date.
Launched in 2011, Convo (San
Francisco-based workplace communication network), has raised $5 million in
series A funding from Morgenthaler. Convo will use the funds to move to a larger office space and double its
active workers.