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Here’s what you need to know today in startup and venture news, updated by the SA¹ú¼Ê´«Ã½ News staff throughout the day to keep you in the know.

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Calm raises $75M at $2B valuation

Meditation app announced that it raised $75 million in a new Series C financing that sets a valuation of $2 billion for the 8-year-old company.

led the round with participation from , , , and funds managed by . The round brings total funding to $217 million.

San Francisco-based Calm says it has been profitable since 2016, with over 100 million downloads to date and 4 million paying members. It says Calm for Business, the company’s enterprise arm, currently covers more than 10 million people through employer partnerships.

The new round comes amid a bullish period for funding of telehealth and mental health startups. Amid the COVID-19 pandemic in particular, consumers and employers are seeking out online offerings that can help with managing stress.

Funding rounds

• Pico closes on $135M for access to financial services: , a New York-based provider of technology services for the global financial markets community, announced a strategic investment with to close out Pico’s $135 million Series C investment round.
• Dragos lands $110M for cybersecurity: , a Hanover, Maryland-based provider of cybersecurity technology for industrial controls systems, it raised $110 million in a Series C funding round co-led by and .
• Gotham Greens grows $87M for greenhouses: Brooklyn-based , an indoor agriculture operating high-tech greenhouses, raised $87 million in new equity and debt capital. The capital raise portion is a Series D round led by .
• Gohenry secures $40M for financial app: , a fintech building healthy financial habits for children, raised a $40 million financing round led by .
• Sundae secures $36M for distressed property:  San Francisco-based , a residential real estate marketplace focused on sellers of distressed property, securing $36 million in a Series B round led by .
• Intelipost raises $32M for e-commerce logistics: , Brazil’s e-commerce and omnichannel logistics technology company, announced $32 million in financing from .
• Tabby raises $23M for buy-now-pay-later platform: Dubai-based fintech said it raised Series A financing of $23 million in debt and equity led by and .
• Neuro-ID raises $7M for fraud detection: Behavioral analytics platform , based in Whitefish, Montana, announced a $7 million Series A round led by .
• Simple closes $5M for nutrition app: Cyprus-based , a mindful nutrition app, announced $5 million in Series A funding at a $42 million post-money valuation. The round, co-led by and .
• Story Health launches with $4M for patient relationships: launched out of stealth with $4 million in seed funding led by and to bring virtualized specialty care and close the care gap between specialists and patients.
• Weaveworks raises $36.65M Series C: , a Kubernetes management platform, closed a $36.65 million Series C funding round, which included funding from first-time investors (AWS), , , and Telekom Investment Pool (TIP). The round also included follow-on investments from , , and , bringing total funds raised to date to $60 million.
• Range Ventures announces new fund: Denver-based , an early-stage venture capital firm, announced its new $23 million fund. Range Ventures is backed by nearly 100 limited partners and looking to invest in technology start-ups in the greater Denver area.
• Salt Security captures $30M Series B: Palo Alto, California-based closed a $30 million Series B led by , with participation from existing investors , , and . The API security firm has raised a total of $60 million in equity financing and will use the new money to invest in product development, sales and marketing and customer acquisition.
• Beyond Identity secures $75M: New York-based identity management provider today closed a $75 million Series B funded by existing investors including (NEA), , and LLC (KDT). The company now has raised a total of $105 million.
• Remix launches with $81M to identify RNA-enabled diseases: Biotechnology company launched with $81 million in financing from , and . The Cambridge, Massachusetts-based company is developing small molecule treatments designed to reprogram RNA processing to address the underlying drivers of disease.
• Branch Technology inks $11M for enterprise 3D printing: Chattanooga, Tennessee-based , developing construction-scale 3D printing, closed on an $11 million funding round led by .
• Aglet runs into $4.5M for mobile game platform: Sneaker-focused e-commerce platform , secured $4.5 million in seed funding led by .

M&A

• PointClickCare acquires Collective Medical: Canada-based , providing software technology for long-term and post-acute health care markets, , a network-enabled platform for real-time cross-continuum care coordination. The acquisition is expected to be completed by the end of the year.
• Ro acquires Workpath: Telehealth startup the acquisition of , a Richmond, Virginia-based software platform specializing in on-demand, in-home care and diagnostic services.

Public offerings

• Butterfly Network to go public: , based in Guilford, Connecticut, a provider of medical imaging, intends to list on the New York Stock Exchange following a merger with The merged company will list under the symbol BFLY.

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