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Silicon Valley Funding News - Week of July 12, 2021. Opaque Raised $9.5M from Race Capital and Intel Capital
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I am thrilled to announce that we at Race Capital have made a seed investment in Opaque Systems - Ion Stoica's (founder of Databricks) latest company.

Opaque will redefine how the world analyzes encrypted data in the cloud.   The team is building a full stack data infrastructure platform to enable businesses to do secured analytics by computing unseen & classified (encrypted) data on the cloud. 

Over the past year, my team and I have worked really closely with Ion, Raluca, Rishabh, Wenting and Chester. I am super excited about their progress. =) 

The future of secured data analytics is coming and they are 👉hiring!

This week a total of 19 startups raised $546.9M in funding, 2 M&As:

  • $387.8M goes to 10 Enterprise startups
  • $19.6M goes to 3 FinTech startups
  • $30M goes to 1 Healthcare startups
  • $6M goes to 1 BioTech startup
  • $5.2M goes to 1 Wellness startup
  • $81M goes to 2 HR startup
  • $17.3M goes to 1 Construction startup
If you love this newsletter, ask your best friends to sign up.

Edith

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  Funding (300 miles radius from Silicon Valley)

Enterprise FinTech Healthcare BioTech Wellness HR Construction IPO & M&A (300 miles radius from Silicon Valley)  
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