After a couple weeks of monster rounds from ride-hailing startups and other giant-sized unicorns, this was a relatively calm week on the funding front. Here are some of the headlines:
- Social payments startup Circle is moving into China to take on Tencent and Alibaba’s Alipay, and it just raised a $60 million round from a group of investors that includes Tencent and Alibaba rival Baidu (Bloomberg).
- The makers of InVision, a software service for product design, raised $55 million in a Series D funding round led by Iconiq Capital, the VC firm that invests the money of Silicon Valley heavyweights like Reid Hoffman and Mark Zuckerberg. FirstMark Capital and Accel Partners also kicked in some cash (TechCrunch).
- Plaid, a financial technology startup that helps other fintech startups access their customers’ bank account info, raised $44 million in a round led by Goldman Sachs, with participation from Spark Capital, NEA and others (Wall Street Journal).
- German financial services startup Number26 has landed $40 million in funding from Hong Kong billionaire Li Ka-Shing’s Horizon Ventures, Battery Ventures and others (Reuters).
- SecurityScorecard, a startup that monitors the digital security of small businesses (you might say it helps them