San Francisco-based a/b testing company Optimizely has secured $50 million in Series D funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced on June 18 .
According to its Crunchbase profile, "Optimizely is the world's leader in customer experience optimization, allowing businesses to dramatically drive up the value of their digital products, commerce and campaigns through its best in class experimentation software platform. By replacing digital guesswork with evidence-based results, Optimizely enables product and marketing professionals to accelerate innovation, lower the risk of new features and drive up the return on investment from digital by up to 10 times."
The 10-year-old company has raised nine previous funding rounds, including a secondary market round in 2017.
The round brings total funding raised by San Francisco companies in data and analytics over the past month to $439 million. The local data and analytics industry has seen 319 funding rounds over the past year, raking in a total of $5.9 billion in venture funding.
In other local funding news, construction company Rhumbix announced a $14 million Series B funding round on June 20, led by Blackhorn Ventures.
According to Crunchbase, "Rhumbix develops a mobile platform designed for the construction craft workforce. It modernizes construction field operations, helping builders go paperless in the field and improving how they measure and manage labor productivity to be more profitable."
The company has raised five previous rounds, including an $8 million corporate round in 2018.
Meanwhile, wedding company Anomalie raised $13 million in Series A funding, announced on June 26. The round was financed by Goodwater Capital.
From the company's Crunchbase profile, "Anomalie designs and sells custom wedding gowns. Anomalie makes any wedding dress with top-quality materials and craftsmanship."
Anomalie last raised $4.5 million in seed funding in 2017.
Also of note, compliance company Text IQ raised $12 million in Series A funding, announced on June 18.
From Crunchbase, "Text IQ uses AI technology to prevent high-stakes legal and compliance disasters, with customers including Fortune 200 companies, government agencies and tech giants. The company's proprietary software is able to efficiently and meticulously analyze big data in order to better identify sensitive, compromising and privileged documents; it's supported some of the most high-profile litigations and government investigations in recent news. Text IQ builds AI applications for identifying sensitive information to help organizations reduce their latent risk."
The company previously raised $3 million in funding in 2016.
Rounding out the city's recent top local funding events, internet company Tundra raised $12 million in Series A funding, announced on June 25 and led by Redpoint.
From Crunchbase, "Tundra is the modern wholesale marketplace that allows buyers and suppliers to transact online with no fees or markups. Our platform uses proprietary technology to automate end-to-end wholesale processes, eliminating onerous tasks and saving our buyers and suppliers time and money."
The company previously raised seed funding in 2017.
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