Grafana Labs Raised $240M, CertiK Gained $88M, and More NYC Tech News

Here’s what you may have missed in the world of NYC tech.

Written by Delilah Alvarado
Published on Apr. 11, 2022
Grafana Labs Raised $240M, CertiK Gained $88M, and More NYC Tech News
Photo: CertiK
Photo: CertiK

The New York tech scene had a busy week with new funding rounds and new leadership announcements. This is the Built In NYC weekly refresh.

Grafana Labs raised $240M. Grafana Labs provides an observability stack for open source projects and visualizations. The funding round was led by GIC and new investor J.P. Morgan. The funding will be used to bring new capabilities, release open source software and deliver its product roadmap. [Built In NYC]

CAIS received $100M. CAIS is an alternative investing and learning platform made for financial advisors. The investment, which came from Reverence Capital Partners, is a continuation of a $225 million funding round from January. The funding will fuel its technological advancements, improve customer experience and digitize product operations. [Business Wire]

CertiK gained $88M. CertiK, a blockchain and Web3 security company, closed a Series B3 financing round that doubled its valuation to $2 billion. The latest investment was led by Insight Partners, Tiger Global and Advent International. CertiK will use the latest funding to invest in its products. [Business Wire]

NYC TECH QUOTE OF THE WEEK

“Clinical trials can be expensive, time-consuming and typically take large teams of people to pull off successfully. The strength of ProofPilot goes beyond bringing cost and time efficiencies to a couple of well-resourced trials. We believe that by leveraging software-driven expertise we can make research trials and the evidence gained available to organizations who lack the resources, the experience or the time.” – Matthew Amsden, CEO and co-founder of ProofPilot

ProofPilot gained $12M. ProofPilot is a SaaS company looking to make clinical trials easier and modernized. The company received more than $12 million in a Series B funding round led by Mitsui & Co that will be used to increase its presence in life and wellness markets, improve the scalability of its platforms and create new supportive features for organizations. [Built In NYC]

Fidel API got $65M. Fidel API provides a financial infrastructure that allows developers to create efficient experiences connected to real-time payments. The Series B round, led by Bain Capital Ventures, will go toward scaling its product offerings and doubling its employee headcount. The company has more than a dozen jobs available. [Venture Beat]

Novel launched with $6M. Novel allows users to create and sell NFTs with its no-code end-to-end platform. In addition to NFTs, the company also allows users to sell physical merchandise. [Built In NYC]

Vimeo gained a new chief financial officer. Gillian Munson, former chief financial officer for Iora Health, has taken the role of chief financial officer for Vimeo. Munson brings 30 years of financial experience in the technology industry and will report to CEO Anjali Sud. [Vimeo]

Common added to its team. Common, a co-living platform, announced that Hayeon Shim was promoted to managing director of its in-house interior design team. Shim brings over a decade of architectural experience and will oversee the current development of its 22,000 units. [Business of Home]

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