Deals of the week: Temasek bets on cybersecurity; ESOP startup bags US$15m
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THESE tech deals made headlines in the past week:
Orca Security Date announced: Oct 6 What it does: Cloud security Headquarters: Israel Amount raised: US$550 million Round: Series C (extended) Lead investor: Temasek Other investors: SAIC, venture arm of Splunk Inc, ICONIQ Capital, Stripes, CapitalIG, Adams Street Partners
uWave
Date announced: Oct 4 Business: Social network for students Headquarters: Singapore Amount raised: US$260,000 Round: Pre-seed Lead investor: - Other investors: Carousell CEO Quek Siu Rui, Carro CEO Aaron Tan, Rainforest CEO J. J. Chai, GetGo CEO Ting Feng Toh, ex-Facebook director Andy Hwang
Date announced: Oct 4 What it does: Business-to-business (B2B) e-commerce marketplace Headquarters: Indonesia Amount raised: US$87 million Round: Series B Lead investors: Prosus Ventures, Tencent, B Capital Other investors: Bezos Expeditions, Northstar Group, AC Ventures, Citius, Lightspeed India, Sequoia Capital India, Quona Capital, Alter Global
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VFlowTech
Date announced: Oct 6 What it does: Energy storage solutions Headquarters: Singapore Amount raised: US$3 million Round: Pre-Series A Lead investor: Wavemaker Partners Other investors: SEEDS capital, Sing Fuels, anonymous angel investors
Date announced: Oct 6 What it does: Employee stock options plan (Esop) management Headquarters: Singapore Amount raised: US$15 million Round: Series A Lead investors: East Ventures (Growth Fund), Vulcan Capital Other investors: NYCA, MassMutual Ventures, Endiya Partners, Alto Partners, Partners of the Northstar Group, K3 Ventures, Mission Holdings, Anjali Bansal (founder of Avaana Capital), Sujeet Kumar (co-founder of Udaan)
TransTRACK.ID
Date announced: Oct 7 What it does: Fleet management platform Headquarters: Indonesia Amount raised: S$750,000 Round: Seed Lead investor: Cocoon Capital Other investors: Indonesian Women Empowerment Fund
Funding Societies
Date announced: Oct 7 What it does: SME digital financing platform Headquarters: Singapore Amount raised: US$18 million (debt) Round: - Lead investors: Helicap Investments, Social Impact Debt Fund, unnamed Japanese financial services group
Greywing Date announced: Oct 7 What it does: Maritime intelligence provider Headquarters: Singapore Amount raised: US$2.5 million Round: Seed Lead investor: - Other investors: Flexport, Transmedia Capital, Signal Ventures, Motion Ventures, Rebel Ventures, Y-Combinator, Entrepreneur First
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