Several tech companies on the NYC tech scene have already pulled in new funding during the first week of the new year. Read on to find out about the latest innovations. This is the Built In NYC weekly refresh.
Chronosphere raised $43.4M. Having just closed on its Series B round, the cloud-native monitoring expert released its platform for public use as a tool to help businesses harness their data. The funding round was led by Greylock, Lux Capital and Lee Fixel, and the cash will enable Chronosphere to increase its headcount across its sales, design, engineering, marketing and product teams. [Built In NYC]
Glia pulled in $78M. As the world continues to go digital, the company is modernizing the customer service industry, connecting customers to representatives via its AI-powered omnichannel platform. Glia’s Series C round was led by Insight Partners and will support company growth and global expansion. Currently, it has numerous tech positions available at its NYC office. [Built In NYC]
NYC Tech Quote of the Week
The NYC proptech scene is rapidly evolving. During the pandemic, more people have turned to digital house hunting as they search for their new homes, though due to the large size of NYC’s real estate market, the proptech scene is in need of an update. Accordingly, several real estate startups like Casa Blanca and Welcome Homes are working to revolutionize the way users find their dream homes. [Built In NYC]
New Wave Foods got $18M. The Series A funding was led by New Enterprise Associates and will fuel the production of the company’s plant-based shrimp. It will also help it expand its sales and marketing efforts and its line of products. Using seaweed and plant proteins, New Wave is planning to create various shrimp and shellfish options to bring to the market this year. [Crunchbase News]
NYC tech startups had a lucrative 2020. Last year, 10 companies in the NYC tech space pulled in more than $3.3 billion in fresh venture funding. At the top of the list is Sidewalk Infrastructure Partners, which raised $400 million to engineer sustainable city processes in 2020. Next came Oscar Health with $365 million toward new medical resources. DoubleVerify also secured $350 million for digital marketing expansion. [Built In NYC]
