Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
Earnest raises $275M to help millennials manage their financial futures
Lending platform Earnest wants to help millennials manage their finances. To build out its offering of loans and other financial management tools, the company has raised $75 million in funding, plus $200 million worth of loan capital from New York Life.
Battery Ventures led the round, which saw participation from Adams Street Partners and Maveron. The funds will be used to fuel 200 new hires, including new marketing and sales professionals, as well as engineers and designers.
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Numecent raises $15.5M to bring cloudpaging to Android and Linux
Irvine, California-based software company Numecent said today it has raised a new round of $15.5 million from a broad range of European investors as the company seeks to expand its cloud-based services beyond Windows.
The series B round includes $4.5 million from Deutsche Telekom, with the rest from “European industrialists, family offices and private equity firms,” according to Numecent. Deutsche Telekom also led the company’s series A round.
Marketing automation battle for SMBs heats up as Salesfusion raises $13.5M
Atlanta-based Salesfusion, a marketing automation platform serving B2B small and medium-sized businesses, is raising $13.5 million in a series B funding round. Investors include Noro-Moseley Partners, BLH Venture Partners, Alerion Ventures, Tech Square Ventures, and Hallett Capital.
Descartes Labs raises $5M to make agricultural predictions with deep learning
Descartes Labs, a startup with image recognition technology that can help companies answer questions related to agriculture, is announcing today a $5 million round of funding.
Cultivian Sandbox led the new round in Descartes Labs. Crosslink Capital, Data Collective, TenOneTen Ventures, and ValueStream Labs also participated.
To date the startup has raised $8.78 million. A spokesperson declined to talk about how many paying customers it has.
This list will be updated with breaking funding news all day. Check back for more.
