The Funded: 10 Bay Area Companies Disclose $220M in Funding at Midweek May 23, 2018

The Funded: 10 Bay Area Companies Disclose $220M in Funding at Midweek May 23, 2018

Ten companies located in the San Francisco Bay area have raised a total of about $220 million in new funding, according to the San Jose Business Journal.

CareZone, a McKesson Ventures Portfolio company that has developed a smartphone app for managing medications and chronic health conditions, raised $50 million in a Series D round led by New Enterprise Associates. Other participants in the funding round include McKesson Ventures, SalesForce CEO Marc Benioff, Catamount, and Obvious Ventures.

Other companies that received funding this week include:

  • Cloudtenna, an enterprise file search startup, raised $4 million in a seed round led by Blazar Ventures.
  • Home care company Honor Technology received $50 million in a Series C round led by Naspers Ventures.
  • Luma Health, the developer of a platform that connects patients with healthcare providers, raised $63.3 million in a Series A round. The lead funder was U.S. Venture Partners.
  • San Francisco-based Okara received $12 million in funding. The Series A round was led by Bessemer Venture Partners. Okara’s goal is to simplify data governance in companies.
  • Parabola Labs’ seed round netted the company $2.2 million in funding, led by Matrix Partners. Parabola is a process automation platform provider.
  • RenovoRx, a developer of catheter-based treatments for pancreatic cancer, raised $10 million in a round led by Boston Scientific.
  • Sentry, the developer of an open-source, real-time platform developers can use to detect and resolve errors in their apps, raised $16 million in a Series B round led by New Enterprise Associates and Accel Partners.
  • SignalFx of San Mateo raised $45 million in a Series D round led by General Catalyst. The company helps businesses solve the challenges of operating modern infrastructure technologies.
  • Valimail, developer of an email trust platform designed to stop fraud, brand abuse, and digital theft, raised $25 million in a Series B round led by Tenaya Capital.

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