Aurora nets $530 million, plus more top funding news for Palo Alto-based companies

Funding Rounds

Summary

According to its Crunchbase profile, "Aurora works at the intersection of rigorous engineering and applied machine learning to address one of the most challenging, important and interesting opportunities of our generation: transforming the way people and goods move. The round brings total funding raised by Palo Alto companies in transportation over the past 90 days to $580 million. According to Crunchbase, "Mattermost’s mission is to make the world safer and more productive by developing and delivering secure, open source collaboration software that is trusted, flexible and offers fast time-to-value. Mattermost’s first product is a collaboration platform built to accelerate DevOps workflows in high-trust environments by offering secure messaging across web, desktop, and native mobile devices. Also of note, fintech company Bipsync raised $7 million in Series A funding, announced on Jan. 29 and led by Edison Partners.

$ Funding

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Amount $600.0M Total raised
Date February 7, 2019 Announcement date
Investors Aurora Mobile, T. Rowe Price, Shell Technology Ventures, Baillie Gifford, Canada Pension Plan Investment Board, Greylock Lead investors
Company https://aurora.tech/ Funded company

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