These 5 Bay Area Startups Raised a Combined $4.4B+ in June

These Bay Area tech startups pulled in huge venture sums last month, blowing right past May’s largest funding rounds. These companies are innovating enterprise software, self-driving vehicles and several other areas with their fresh capital. Here are the companies taking big steps toward the future of tech.

Written by Ashley Bowden
Published on Jul. 01, 2021
These 5 Bay Area Startups Raised a Combined $4.4B+ in June
sf
photo: shutterstock

These Bay Area tech startups pulled in huge venture sums last month, blowing right past May’s largest funding rounds. These companies are innovating enterprise software, self-driving vehicles and several other areas with their fresh capital. Here are the companies taking big steps toward the future of tech.

 

#5. $275 million, June 15

Shaking up the home maintenance space is Thumbtack, with its platform that helps homeowners easily find professionals plumbers, painters, landscapers and more. Now equipped with a $275 million investment from Qatar Investment Authority and others, the company is valued at $3.2 billion. Thumbtack says it’ll invest this cash in building out its business and expanding its network of home service professionals.

 

#4. $314 million, June 9

With its blockchain infrastructure solution that lets developers quickly build and deploy market-ready applications at scale, blockchain startup Solana Labs raised a $314.15 million token sale led by Andreessen Horowitz and Polychain Capital. The new capital enables the company to further decentralized app development on its platform, and launch a venture investing arm, incubator and trading desk. To date, the company has raised $335.8 million in venture funding.

 

#3. $325 million, June 17

Following its latest funding round, database company Neo4j now boasts a valuation of more than $2 billion. With its $325 million Series F round co-led by Eurazeo and GV, the San Mateo-based company is continuing its work disrupting the database space with its graph-based analysis product. Currently serving over 800 customers, the platform offers companies solutions for data storage and data science.

 

#2. $1 billion, June 22

Having secured a sizable investment from Silver Lake, Splunk, which specializes in developing infrastructure software, is poised to grow its business. Its cloud-based data-to-everything platform provides companies with tools for security, IT operations and observability, working to help businesses succeed in their digital initiatives.

 

#1. $2.5 billion, June 16

This company builds autonomous vehicles, and, last month, it closed on its second round of outside funding — $2.5 billion from Alphabet, Silver Lake, Tiger Global and more. Waymo is putting this capital toward expanding its robo taxi ride-hailing service into additional markets. Right now, it only offers these services publicly within a 100-square-mile area in Arizona.

Hiring Now
Zone & Co
Fintech • Professional Services • Software • Consulting