Cambridge's software industry is pulling in new investment, with six local companies securing venture capital. New funding rounds were recently announced by software startups Jobcase, Vicarious Surgical and TileDB, according to company database Crunchbase.
Jobcase topped the city's recent funding headlines by announcing a $100 million private equity round on Feb. 27, financed by Providence Strategic Growth.
According to its Crunchbase profile, Jobcase is a "social media platform dedicated to empowering America's workforce."
The four-year-old startup has raised three previous funding rounds, including a $11 million Series A in 2018.
Next up, Vicarious Surgical raised $10 million in Series B funding, in a round announced on Feb. 14 and led by Gates Frontier fund.
According to Crunchbase, "Vicarious Surgical develops virtual reality software for minimally invasive surgery procedures."
Founded in 2015, the company has raised three previous rounds, including a $16 million Series A in 2018.
Meanwhile, TileDB raised $3 million in seed funding, announced on Feb. 4. The round's investors were led by Nexus Venture Partners.
From the company's Crunchbase profile, "TileDB, Inc. was founded in February 2017 to further develop and maintain the TileDB project created at the Intel Science and Technology Center for Big Data (ISTC-BD), which was a collaboration between Intel Labs and the Massachusetts Institute of Technology (MIT). TileDB is a novel system for managing massive multi-dimensional array data that frequently arise from scientific applications."
TileDB last raised $1 million in pre-seed funding in 2017.
In total, Cambridge-based software companies have raised $115 million in venture funding over the past month, and $1.4 billion over the past year.
This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.
