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The Briefing: ExtraHop Acquired For $900M, Nubank Secures $750M, Brinqa Brings In $110M, And More

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Here’s what you need to know today in startup and venture news, updated by the 附近上门 News staff throughout the day to keep you in the know.

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ExtraHop acquired for $900M by Bain Capital and Crosspoint

, a provider of cloud-based network detection and response technology, announced it has entered into an agreement to be acquired by and in a deal valued at $900 million.

Under terms of the deal, ExtraHop CEO , co-founder and CTO and co-founder and Chief Customer Officer will continue in their roles and to hold stakes in the company.

Founded in 2007, Seattle-based ExtraHop previously raised around $62 million in known funding, per 附近上门 data.

—聽 Joanna Glasner

Nubank closes $750M Series G extension

Brazil digital bank announced it received $750 million in a Series G extension, which includes $250 million led by , as well as a $500 million stake led by .

The deal is an extension of the round raised in January. Since its founding in 2013, Nubank has raised approximately $2 billion in funding, according to the company.

Nubank touts more than 40 million customers and intends to invest the new capital into expansion of its products, market penetration, international growth and adding more talent.

— Christine Hall

Brinqa raises $110M for cybersecurity tools

, a provider of tools for businesses to map out cybersecurity applications, reportedly in a fresh funding round backed by .

The round marks the first institutional fundraise for Austin-based Brinqa, which was founded well over a decade ago. In exchange for the investment, Insight reportedly took a minority stake in the company.

— Joanna Glasner

Funding rounds

Dispo raises Series A (again): Photo-sharing app , known for its disposable camera-esque photos, said Tuesday that it raised a Series A round. If this sounds familiar, it’s because the company announced a $20 million Series A led by back in February, shortly after its buzzy public launch. After a scandal involving an associate of co-founder surfaced, Spark Capital said the firm would cut ties with Dispo, and Dobrik stepped down from the company.

Now, Dispo has new investors, including prominent photographers and Raven B. Varona, athletes including , and celebrities like and . The company didn’t disclose a new amount for its new Series A.

–Sophia Kunthara

Pasqal raises $30M for quantum processors: , a French startup developing quantum processors for use in complex computing challenges, ($30 million) in a Series A round from backers including quantum computing fund

— Joanna Glasner

Health and wellness

Liteboxer grabs $20M: At-home fitness provider raised $20 million in Series A funding led by . The Boston-based company launched in 2020 and has raised $28.5 million to date, according to the company.

EvoEndo closes $10.1M: , a preclinical medical device company developing a tool to enable surgeons to perform an unsedated transnasal endoscopy, secured $10.1 million in equity financing from a group of undisclosed investors. The new funding will be invested into technology development for gastrointestinal disorders.

DUOS comes out of stealth with $6M: Digital health company emerged from stealth with $6 million in combined seeding funding from and . The New York-based company is developing a 鈥減ersonal assistant for aging,鈥 which enables older adults to live in their own homes longer by pairing a trained personal assistant for aging 鈥 a Duo 鈥 with an older adult to provide companionship and help with needs, such as using technology for ordering groceries, arranging for safe transportation and navigating complicated health related matters.

Strateos closes $56.1M: secured $56.1 million in Series B funding, led by and , to continue developing remote access laboratories and lab control software for life science research.

— Christine Hall

E-commerce

Pattern inks $60M: New York-based secured $60 million in a round of debt and equity capital from a group of new and existing backers, including and , to purchase direct-to-consumer brands in the home goods space.

Aura Bora drinks in $2M: Aura Bora, a craft sparkling water brand made from herbs, fruits and flowers, announced $2 million in seed funding from a group of investors, including Balanced Breakfast.

— Christine Hall

Space tech

Relativity Space takes off with $650M: , a Long Beach, California-based aerospace company that designs, develops and builds 3D printed rockets, announced $650 million in Series E funding led by . The new funding gives the company more than $1.3 billion in total funding since its inception in 2016, according to 附近上门 data. In addition to its Terran 1 rocket, the company is now scaling production for Terran R, a fully reusable rocket that will be 20x larger than Terran 1 and designed to operate on Mars. Starting in 2024, Terran R will launch from Cape Canaveral, Florida. Terran 1 is also set to launch this year.

— Christine Hall

M&A

Turntide Technologies acquires electric vehicle assets: says it acquired both and 鈥檚 Gateshead business, which designs power electronics. Terms of the deal were not disclosed. U.K.-based Hyperdrive makes high-performance lithium-ion battery packs. Both acquisitions will enable Turntide, via its new Turntide Transport division, to be a one-stop powertrain platform provider for electric vehicles.

Enterprise software

Verbit locks up $157M Series D: New York-based secured a $157 million Series D at a valuation of more than $1 billion. The 4-year-old company has developed an AI-powered transcription and captioning platform. The round was led by , with participation from new investors such as , More Capital, Omer Cygler, Azura and ICON fund, as well as existing investors such as , , , , , and . The company鈥檚 total funding now exceeds $250 million, which includes debt financing from the .

Airbase closes $60M Series B: San Francisco-based raised a $60 million Series B at a $600 million valuation. led the round, which included new investor . Existing investors , , , and also participated. The spend management company has now raised a total of $91 million.

鈥 Chris Metinko

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