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New York

Brightfield, NS1 and Pristēm top New York's recent funding news

New York-based innovation management and consulting company Brightfield has secured $53 million in Series A funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced Oct. 1 and led by Sapphire Ventures.

According to its Crunchbase profile, "Brightfield provides consulting and research services intended to help businesses manage human capital."

The 13-year-old company also raised a round in 2016.

The round brings total funding raised by New York companies in information technology over the past month to $181 million, an increase of $109 million from the month before. The local information technology industry has seen 241 funding rounds over the past year, capturing a total of $4.2 billion in venture funding.

In other local funding news, web hosting company NS1 announced a $33 million Series C funding round on Oct. 3, led by Dell Technologies Capital.

According to Crunchbase, "NS1 builds the world’s most intelligent DNS- and traffic-management technologies, enabling our customers to take unparalleled control over their traffic and infrastructure as conditions change in application environments and across the global network."

Founded in 2013, the company has raised four previous rounds, including a $20 million round in 2017.

Meanwhile, cleantech and smart home company Pristēm raised funding, announced on Sept. 22. The round was financed by Alchemist Accelerator.

From the company's Crunchbase profile: "Pristēm has built a magical new clothing-care experience that's 150 times faster, 10 times cheaper and hassle free. Our smart hardware and consumable cleans your outfit exactly when you need it, not 24 hours later."

Pristēm last raised seed funding earlier this 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.