Funding News: Grouport, Telos Brands, Synk, SingleStore, Tiled.co, Lido Learning, ScalaPay, Amagi

1.Grouport

Grouport, an online group therapy service that makes group therapy for chronic psychiatric diseases more accessible, received a $1.5 million series seed round.

The funding was led by XV Venture Capital, with participation from 380 Cap (a fund started by Drizly co-founder Justin Robinson), and Taub Ventures.

About:
Grouport is a virtual group-based therapy model geared to chronic psychological disorders . Grouport was developed in 2019 by Jonathan Spievack (CEO) and Mordechai Teitz (co-founder and CTO).

2.Telos Brands

Telos Brands, a San Francisco based technology first eCommerce Startup which deals with Amazon FBA ecosystem announced a $2.1M seed round.

Picus Capital led the investment round, which included participation from a select group of business angels. Telos has also secured an undisclosed amount of loans from a number of lenders to help fund acquisitions.

3. Snyk

Snyk, a cyber security software business, raises $300 million and is valued at $8.5 billion.

The newest investment round, was co-led by Sands Capital Ventures and Tiger Global. Earlier, in March 2021, the company raised $175 million funding.

About Snyk

Snyk is the market-leading provider of developer security. They equip security teams to meet the needs of the digital world by empowering the world’s developers to build safe applications and empowering developers to build secure applications.

SingleStore

SingleStore, a single database for all data-intensive applications, said today that it has raised $80 million in its Series F round of funding.

About SingleStore

By operationalizing all data through one platform for all of their critical moments, SingleStore enables businesses to adapt more rapidly, embrace varied data, and drive digital innovation. SingleStore Managed Service and SingleStore DB deliver these functionalities as a service in AWS, Azure, and GCP, as well as through your own deployments.

Tiled

Tiled, the interactive content platform that allows users to effortlessly build engaging experiences, announced today the completion of a $13.7 million Series A investment  round headed by Signal Peak Ventures.

Along with previous investors, Seismic, Adobe, and University Growth Fund have joined Signal Peak.

Tiled will use the new funds to increase hiring across the board, as well as engage in sales and marketing, channel partnerships, and product enhancements.

India

Lido Learning

Lido Learning has received a $10 million investment from Unilazer Ventures.

About Lido Learning

LIDO is an educational technology startup that is transforming traditional classroom education in India by providing every child with access to a unique and immersive online classroom.

Amagi

Amagi receives a $100 million investment from Accel, Avataar Ventures, Premji Invest, and a few more well-known investors.

About Amagi

Amagi is a global leader in cloud-based SaaS technology for broadcast and connected TV.

Amagi manages 2000+ channel deliveries for 500+ content brands, with deployments in over 40 countries. New York, Los Angeles, Toronto, London, Paris, Singapore, and New Delhi are all home to the Bangalore-based firm.

Itay

ScalaPay

ScalaPay, a Buy Now, Pay Later (BNPL) firm, reported today that it has raised $155 million in a Series A round spearheaded by Tiger Global.

About
Scalapay is a payment system that allows consumers to buy something and pay for it in three equal instalments without incurring interest.

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