sutter hill ventures

Clumio raises $75M to automate cloud data backup and recovery

Clumio, a data backup and recovery provider for companies using the public cloud, has raised $75 million in a Series D round of funding. The raise comes as the Santa Clara, California-based company cl

Data observability startup Observe secures $70M

Software apps are increasingly cloud-based, distributed and updated at a breakneck pace. They’re growing more complex, in other words, which is becoming a major challenge for dev teams. A survey

Astronomer ready for its next mission after Datakin acquisition, $213M Series C

The once scrappy company is scrappy no more and poised to build new features around what it's already done with Airflow.

Astera Labs, a fabless chip startup, nabs $50M at a $950M valuation to remove bottlenecks in high-bandwidth cloud applications

As more enterprises migrate to cloud-based architectures, they are also taking on more applications (because they can) and, as a result of that, more complex workloads and storage needs. Machine learn

Lacework lands $525M investment as revenue grows 300%

As the pandemic took hold in 2020, companies accelerated their move to cloud services. Lacework, the cloud security startup, was in the right place at the right time as customers looked for ways to se

Transposit scores $35M to build data-driven runbooks for faster disaster recovery

Transposit is a company built by engineers to help engineers, and one big way to help them is to get systems up and running faster when things go wrong — as they always will at some point. Trans

Sutter Hill strikes ice-cold, $2.5B pre-market return with Snowflake’s IPO filing

Today is the day for huge VC returns. We talked a bit about Sequoia’s coming huge win with the IPO of game engine Unity this morning. Now, Sequoia might actually have the second largest return among

Hear how to manage your enterprise infrastructure from Sam Pullara at TechCrunch Early Stage

In just over a decade, cloud-based platforms have completely reshaped the multi-hundred-billion-dollar enterprise IT market. Companies have thrown out their boxes and software-defined and microservice

Clumio raises $135M Series C for its backup as a service platform

Clumio, a 100-people startup that offers a SaaS-like service for enterprise backup, today announced that it has raised a $135 million Series C round, led by existing investor Sutter Hill Ventures and

Ghost wants to retrofit your car so it can drive itself on highways in 2020

A new autonomous vehicle company is on the streets — and unbeknownst to most, has been since 2017. Unlike the majority in this burgeoning industry, this new entrant isn’t trying to launch a ro

Clumio raises $51M to bring enterprise backup into the 21st century

Creating backups for massive enterprise deployments may feel like a solved problem, but for the most part, we’re still talking about complex hardware and software setups. Clumio, which is coming

Sila Nano’s battery tech is now worth over $1 billion with Daimler partnership and $170 million investment

Sila Nanotechnologies and its battery materials manufacturing technology are now worth more than $1 billion. The company, which announced a $170 million funding led by Daimler and a partnership with t

Vlocity nabs $60M Series C investment on $1B valuation

As we wrote last week in How Salesforce paved the way for the SaaS platform approach, the ability to build extensions, applications and even whole companies on top of the Salesforce platform set the s

New York-based Yext files for IPO

Yext, the company that powers location data in search results, has revealed its IPO filing. The business will be able to join the stock market as soon as April.

Grail is raising at least $1 billion to fund its early cancer screening test

The early cancer screening startup Grail plans to raise more than $1 billion in Series B financing, possibly up to $1.8 billion. While the company doesn’t want to name investor names, only menti

Vera Lands $17 Million Series B Led By Sutter Hill Ventures

Vera, the cloud service that wants to protect data regardless of where it’s stored or used, announced a $17 million Series B today led by Sutter Hill Ventures. That may not seem unusual, but co

Warburg Pincus, Illumina & Sutter Hill Launch New Genomics Co. Helix With $100M

Based in San Francisco, Helix is aiming to be a central repository for personalized genetic information and provide a marketplace for applications potentially like the ones developed in Illumina's gen

Menlo Security Emerges From Stealth With $25M And Plan To Defeat Malware

Menlo Security, a company with a unique plan to battle malware, emerged from stealth today and also announced $25M in Series B funding. The idea is an intriguing one. Many security problems emanate fr

Costanoa Venture Capital: A $100M Fund For Startups That Develop Cloud Services For Business And Consumer Markets

<a target="_blank" href="http://www.shv.com/">Sutter Hill Venture</a>s Greg Sands has launched a $100 million fund to invest in early stage, cloud services for businesses and consumers that leverage