Pelion Venture Partners

Proving that there’s still plenty of venture money in cybersecurity, cloud identity security platform Britive today announced that it raised $20.5 million in a Series B funding round. Led by…

Britive, which helps secure public clouds, lands $20.5M investment

Denim, the fintech platform for freight and logistics formerly known as Axle Payments, today announced that it raised $126 million in a Series B funding round led by Pelion Venture…

Denim, a fintech platform for freight brokers, raises $126M in equity and debt

Macrometa, the edge computing cloud and global data network for app developers, announced today it has raised a $20 million Series A. The round was led by Pelion Venture Partners,…

Edge computing startup Macrometa gets $20M Series A led by Pelion Venture Partners

Those looking outside of Silicon Valley as a potential hub for their startup might want to take a gander at Utah, at least that’s the kind of trend the new…

Utah tech magnates create new Silicon Slopes Venture Fund to boost startups in the state

We’re still waiting for that breakthrough year when blockchain transitions from a tech-oriented focus to widespread adoption.

A look ahead at blockchain’s next decade
Biotech & Health

Meet Utah’s next unicorn

10:35 am PDT • October 27, 2019

Patient communications software provider, Weave, collects $70M at a $970M valuation.

Meet Utah’s next unicorn

Salt Lake City-based Pelion Venture Partners is opening an outpost in Southern California and has added Jeff Kearl as a managing director to head up operations in the region. Kearl…

Pelion Venture Partners adds Jeff Kearl as a managing director, opens Southern California presence

After much speculation and no small amount of controversy, Cloudflare, one of the companies that ensures that websites run smoothly on the internet, has filed for its initial public offering.…

Cloudflare files for initial public offering

NEA has led the round for Divvy, a business expense and budgeting platform.

Utah’s Divvy raises $200M to eliminate expense reports

Astound, a company selling automated employee help desk services, has raised a new round of $15.5 million from investors led by the Los Angeles investment firm March Capital Partners. Previous…

Led by LA-based March Capital, Astound raises $15.5 million for employee help desk automation services

Five unicorn IPOs we can expect to witness in the year ahead that no one’s talking about.

5 unicorns that will probably go public in 2019 (besides Uber and Lyft)

A startup that’s operating in stealth mode raises an almost stunning amount of money before it releases a product. Investors write outsized checks to the outfit anyway because of the…

Another short-lived, overfunded startup is shutting down: Primary Data