New York-based data integration company Simon Data 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 Aug. 19 and led by Polaris Partners.
According to its Crunchbase profile, "Simon Data is an enterprise software company that enables businesses to effectively leverage all of their data to drive personalization and value for their customers."
The five-year-old company has raised five previous funding rounds, including a $20 million Series B round in 2018.
The round brings total funding raised by New York companies in sales and marketing over the past month to $126 million, an increase of $52 million from the month before. The local sales and marketing industry has produced 109 funding rounds over the past year, raking in a total of $1 billion in venture funding.
In other local funding news, private social networking company Homeis announced a $12 million Series A funding round on Aug. 20, led by Spark Capital.
According to Crunchbase, "Homeis develops a software platform that builds a better internet for immigrants."
Founded in 2017, the company has raised two previous rounds, including a $4 million seed round in 2017.
Meanwhile, crowdfunding and lending company Fund That Flip raised $11 million in funding, announced on Aug. 21. The round was financed by Edison Partners.
From the company's Crunchbase profile: "Fund That Flip provides fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties."
Fund That Flip last raised $2 million in seed funding in 2016.
Also of note, construction and internet of things company BuildStream raised $150,000 in seed funding, announced on Aug. 19 and financed by Y Combinator.
From Crunchbase: "BuildStream helps construction companies increase the utilization of heavy equipment at large scale projects."
The company previously raised pre-seed funding in 2018.
Rounding out the city's recent top local funding events, artificial intelligence company Narrator raised $150,000 in seed funding, announced on Aug. 19 and also financed by Y Combinator.
From Crunchbase, "Narrator is a data platform that fundamentally changes the way people approach problems."
The company previously raised $1 million in seed funding in 2018.
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.
