VC funding: Tealium, WekaIO, ClickSWITCH, Algorithmia

Tealium, WekaIO, ClickSWITCH, Algorithmia, SeekOut, Reconstruct, Tempo Automation, Grofers India, BHE, among others, have announced their latest VC funding rounds from VC companies.
VC funding in technology cos


WekaIO, a file storage for data-intensive applications company, has closed $31.7 million in a Series C funding round from existing investors and new investors including Hewlett Packard Enterprise (HPE), Mellanox Technologies, NVIDIA, Seagate, and Western Digital Capital, in addition to Qualcomm which invested previously. The new funding brings the company’s total capital raised to $66.7 million to date.


ClickSWITCH, a solution that automates the switch of deposits and recurring payments for financial institutions, has raised $13 million in Series B financing — led by Commerce Ventures and Point72 Ventures.


AI automation platform company Algorithmia has raised $25 million in new capital – led by Norwest Venture Partners with participation from Madrona, Gradient Ventures, Work-Bench, Osage University Partners and Rakuten Ventures.


SeekOut, a hiring tech company, announced Series A funding of $6 million led by Madrona Venture Group, with participation from existing investor Mayfield.


Reconstruct, an AI and Digital Twin software company for the construction and real estate company, has raised $7.7 million in Series A Investment led by Cultivation Capital.
Reconstruct’s AI capabilities provide indoor/outdoor views and a 3D timeline for project stakeholders to track and resolve project issues in a virtual environment before they impact cost and schedule.

Tempo Automation

Tempo Automation, a manufacturer for prototyping and low-volume production of printed circuit board assemblies (PCBA), has raised $45 million in Series C funding, led by existing investor, Point72 Ventures with the participation of new investors such as Lockheed Martin, as well as existing investors including Lux Capital, Uncork Capital, Cendana and Golden Seeds.

Grofers India

Japan’s SoftBank Group has led an investment round of more than $200 million in online grocery startup Grofers India through its Vision Fund.


BHE, an healthcare analytics company, announced a $78 million growth investment led by Silversmith Capital Partners and Leerink Transformation Partners.


Tealium, a real-time customer data orchestration provider, has raised $55 million in Series F funding led by Silver Lake Waterman with participation from ABN AMRO Digital Impact Fund, Declaration Partners, Parkwood and existing investors. Tealium has received more than $160 million in total funding to date.