VC funding: Progcap, SpeQtral, ZeroNorth, Tray.io

Progcap, SpeQtral, ZeroNorth, A Cloud Guru, Tray.io, Finitive, Verkada, Phoenix, among others, have announced their latest VC funding rounds.
VC funding in technology cos

Progcap

Progcap, a technology-driven lending company for last mile businesses, has raised a seed funding round of INR 7 crore led by growx ventures. Apart from growx, Contrarian Drishti, along with angel investors Somak Ghosh and Abhishek Dalmia, participated in the round.

SpeQtral

SpeQtral announced $1.9 million seed round led by Space Capital. Space Angels, the world’s leading space investors, also participated in the round, in addition to Shasta Ventures, Golden Gate Ventures and SGInnovate.

ZeroNorth

ZeroNorth, a provider of orchestrated risk management, has raised a $10 million Series A investment led by ClearSky Ventures with participation from Crosslink Capital, Rally Ventures and existing investor Petrillo Capital. This round brings the company’s total funding to $18.6 million.

A Cloud Guru

A Cloud Guru closed a growth equity investment led by Summit Partners, alongside AirTree Ventures and existing investor Elephant.

Tray.io

Tray.io, the General Automation Platform that puts software integrations and automation into the hands of citizen automators, has raised $37 million Series B funding round led by Spark Capital with participation from Meritech Capital, and existing investors GGV Capital, True Ventures, and Mosaic Ventures.

Specright

Specright, a software company that enables customers to control critical supply chain specifications, has raised $8.8 million in Series A round of funding — led by Pritzker Group Venture Capital (PGVC), with participation from previous investors Okapi Venture Capital, Fika Ventures, and Mucker Capital.

Finitive

Finitive, a financial technology platform, has raised approximately $6 million in a series seed financing — led by Atomic Labs with participation from Ninepoint Partners.

Verkada

Verkada, a video security company, has raised $40 million Series B round co-led by Meritech and Sequoia, at a $540 million post-money valuation. Existing investors Next47 and First Round Capital also participated.

Phoenix

Phoenix, a nuclear technology company, has rasised $4 million in funding from the US Army to demonstrate innovative neutron-based methods of nondestructive testing utilizing its high flux neutron generators.