San Francisco-based design workflow company Abstract has secured $30 million in Series C funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced March 20 and led by Lightspeed Venture Partners.
According to its Crunchbase profile, "Abstract is a design and workflow platform that helps designers work together. Abstract builds upon and extends the stable technology of Git to host and manage your work."
The four-year-old startup has raised two previous funding rounds, including a $16 million Series B round in 2018.
The round brings total funding raised by San Francisco companies in software over the past month to $2.1 billion. The local software industry has produced 706 funding rounds over the past year, yielding a total of $19 billion in venture funding.
In other local funding news, benefits enrollment company Ease (formerly EaseCentral) announced a $19 million Series B funding round on March 19, led by Centana Growth Partners.
According to Crunchbase, "Ease's mission is to modernize and personalize the employee experience. Working with industry experts to provide one simple solution for benefits, HR and payroll. Ease is an online benefits enrollment system built for insurance brokers and employers."
Founded in 2015, the company has raised two previous rounds, including a $6.5 million Series A round in 2017.
Meanwhile, mobile app security company Blue Cedar raised $17 million in Series B funding, announced on March 19. The round's investors were led by C5 Capital.
From the company's Crunchbase profile, "Blue Cedar is a mobile app integration Platform-as-a-Service (PaaS) provider that helps enterprises and software vendors extract maximum business value, more quickly and at lower cost, from corporate mobile apps."
Blue Cedar last raised $10 million in Series A funding in 2016.
Also of note, business intelligence company Clearbit raised $15 million in Series A funding, announced on March 19 and led by Ash Fontana.
From Crunchbase, "Clearbit develops business intelligence APIs to help businesses grow, turning partial information into full-contact data."
The company previously raised $2 million in seed funding in 2015.
Rounding out the city's recent top local funding events, mobile app security company Mocana raised $15 million in Series G funding, announced on March 4 and led by Sway Ventures.
From Crunchbase, "Mocana unlocks the extended mobile enterprise and simplifies wide-scale deployments by securing apps automatically, in seconds. The company's Mobile Application Protection (MAP) app-shielding solution, distributed globally by SAP, mitigates the complexities of mobile management, while freeing developers from tedious and expensive security coding. Launched in 2004 and recognized by the World Economic Forum as a 2012 Technology Pioneer, Mocana is the app security expert, with deep expertise born from a decade of experience securing mission- and life-critical embedded devices across the Internet of Things: from mobile handsets to medical devices to aerospace and defense; from datacom to retail POS to smart grid and industrial automation."
The company previously raised $11 million in Series F funding in 2017.
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