VC funding: Brex, Pryon, Edgewise Networks, Alyce

Brex, Pryon, Edgewise Networks, Alyce, SpotOn Transact, Privitar, Shutterfly, among others, announced their latest VC funding.
VC funding in technology cos
Brex

Brex, the credit card built for scaling business, has closed a $100 million investment round led by Kleiner Perkins Digital Growth Fund, with participation from all existing major investors including Y Combinator Continuity, Ribbit Capital, DST Global, Greenoaks Capital and IVP.

Pryon

Pryon, an AI technology company, has closed a $20 million Series A financing round led by Revolution’s Rise of the Rest Seed Fund in partnership with Breyer Capital and Greycroft, with new participation from Digital Alpha Advisors.

Edgewise Networks

Edgewise Networks announced $11 million in new funding led by existing investors .406 Ventures and Accomplice, with additional participation from Pillar. Edgewise has raised $18 million to date.

Alyce

Alyce, the AI-powered platform that’s redefining direct mail and swag, has raised $11.5 million in Series A funding – led by Manifest with additional participation from General Catalyst, Boston Seed Capital, Golden Ventures, Morningside and Victress Capital.

SpotOn Transact

SpotOn Transact, a payments and software company, announced $40 million in new funding led by Franklin Templeton, with significant participation from Dragoneer Investment Group.

Privitar

Privitar, the data privacy software company, has closed a $40 million Series B funding round led by global venture capital firm Accel, with participation from existing investors Partech, Salesforce Ventures, 24Haymarket and IQ Capital.

Shutterfly

Affiliates of Apollo Global Management Apollo Funds will acquire Shutterfly for $51.00 per share in cash, or enterprise value of approximately $2.7 billion.

Bolo

Video-based knowledge sharing community Bolo has raised Rs 3 crore in seed funding led by Nexus Venture Partners. The seed funding round also saw participation from Unacademy founders Gaurav Munjal, Roman Saini and Hemesh Singh, Growth Story founders Ganesh Krishnan and Srinivas Anumolu and Newsdog founder Chen Yukun.