Funding: SoundFocus, Gigaom and Cylance can now support growth and launch new products.
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SoundFocus (launched in December 2013, San
Francisco-based audio technology startup), has raised $1.7 million in seed
funding from Kapor Capital, Y-Combinator, Greg Badros, Ovo Fund, RTA Capital, Vegas Tech Fund, Garry Tan, Alexis Ohanian, and Harj Taggar. This startup is building technology to improve the way people listen to
music by automatically adjusting tracks based on individual ability to hear
different frequencies. SoundFocus will
use the new funds to continue working on
a hardware equivalent.
Gigaom (founded in 2006, San Francisco-based venture blog), has
raised $8 million in a new funding led by Shea Ventures with participation from existing investors True Ventures, Alloy Ventures, and Reed Elsevier Ventures. Along with the funding, founder Om Malik has announced that he is stepping down as a contributing writer to become
a partner with True Ventures. Gigaom
has raised over $22 million total and will use the new funds to support growth
after launching its research platform earlier this year.
Cylance (Founded in 2012, Irvine-based
cyber security company), has raised $20 million in Series B funding from Blackstone, Khosla Ventures, Fairhaven Capital, and a group of private investors. Cylance has created an advanced threat
detection engine powered by machine learning and algorithmic modeling to
prevent cyber attacks and malware threats. Cylance has already raised $35
million in funding to date.