The Briefing: Tue., Oct. 6
Summary
Backers in the round include Los Angeles VC firm Upfront Ventures and the FootPrint Coalition, an eco-focused investment vehicle financed by actor Robert Downey Jr. • Onapsis secures $55M for SaaS expansion: Cybersecurity and compliance company Onapsis raised $55 million in Series D financing, led by Caisse de dépôt et placement du Québec and NightDragon, with participation from existing investors .406 Ventures, LLR Partners and Arsenal Venture Partners. The company, which is targeting diseases in which the human microbiome can play a curative role, intends to use the new funds to accelerate one of its programs to the clinic in 2022. The round was led by NFX with additional investments from Avishai Abrahami, Joe Montana, Michael Ma, Matt Wyndowe, Kenny Stone, Immad Akhund and Alon Gamzu. The $100 million fund will accelerate the growth of cloud companies addressing areas, such as education and workforce development, climate action, diversity, equity and inclusion, as well as providing tech for nonprofits and foundations.