It has been a particularly busy and exciting summer for some of our UpWest portfolio companies, with a few reaching important milestones. We are proud to have worked with each of them since our first investment, some dating as far back as 2013 🙂
As our followers may recall, this past June we shared an infographic breaking down the facts and figures of our portfolio’s growth and fantastic performance. Since then, there have been quite a few developments, and we are pleased to add more stories behind these numbers.
We started the summer by unveiling the newest additions to our portfolio, who have provided us an opportunity to invest in new sectors. In a few short months, these companies have made great headway penetrating the augmented reality, shipping, corporate rewards and invoicing spaces. We are thrilled to see what they have in store as fall approaches.
On the fundraising front, we have had quite a few announcements by our portfolio companies. Perhaps the biggest headline of the summer was a fully-autonomous drone startup, Airobotics, coming out of stealth mode and revealing $28.5M in funding. You can find out here why we invested in Airobotics and why we have such high hopes for Ran and his team.
We were also delighted to share the news about CyberX raising $9M in Series A funding. CyberX provides leading cybersecurity solutions for the industrial Internet, and we have been proud investors and supports since 2013. Co-founded by Omer Schneider, CEO, and Nir Giller, CTO, CyberX protects some of the most important assets (ranging from energy to water treatment facilities), providing unprecedented detection capabilities and deep insight into operational networks while doing so.
Some of our younger companies, namely Jolt and Comeet raised $2M and $1.2M in Seed funding, respectively.
Jolt is a marketplace for content sessions given to your team by the world’s most exceptional industry professionals. Jolt grants employees access to top executives and industry experts while removing the many logistical difficulties companies encounter when booking guest speakers.
Comeet changes the way companies organize their recruitment process by providing a collaborative hiring platform for high-growth companies. The platform is built to bring modern collaboration and workflow tools to help high-growth companies build their global teams.
All of this exciting news means our portfolio companies are hiring! Check out our jobs board to see available positions!
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