Weekly Refresh: SoundCloud Raised $75M, Ramp’s Launch, and More

by Anna Holmquist
February 17, 2020
nyc
Photo: Shutterstock

SoundCloud gained $75M. Satellite radio company SiriusXM provided the funding (it also owns Pandora). SoundCloud will use the funds to develop new products and launch new services. [FinSMEs]

Battery Ventures closed two new funds. Worth a total of $2 billion, the funds will invest in sectors like business software, enterprise IT, healthcare IT and more. Alongside the closing of these new funds, the tech-focused firm promoted Zack Smotherman to partner. [PRNewswire]

Ramp launched publicly with $25M in funding. It offers corporate credit cards with a cash-back program and analysis designed to help you spend less. The company charges no fees and there’s no interest. [TechCrunch]

Curve to hire 185 in Brooklyn. The U.K.-based company offers a smart credit card that allows users to combine all their other debit and credit cards. It’ll be available in the U.S. this fall. [Built In]

Radar raised $20M. Its location context platform helps developers build app experiences with location. Accel led the Series B round. [Press Release]

Negotiatus raised $10M. It aims to streamline the purchasing and procurement process with its SaaS offering. Rally Ventures led the Series A round, with participation from ERA, 645 Ventures, Green Visor Capital and Stage 2 Capital. [TechCrunch]

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