Fever Raises $110M in Entertainment Funding Round
New York-based entertainment company Fever has raised $110 million in a funding round led by Goldman Sachs, valuing the company at $1.8 billion. Fever is a live-entertainment discovery platform that curates experiences for users and helps organizers find new audiences. This latest funding round brings the total amount raised by Fever to nearly $409 million. The company previously raised $227 million in a round led by the growth equity business within Goldman Sachs Asset Management in 2022.
Cybersecurity Startup ExtraHop Secures $100M in Growth Capital
Seattle-based cybersecurity firm ExtraHop has closed a $100 million funding round from undisclosed existing investors. The company, which provides network detection and response solutions, ended 2023 with approximately $200 million in annual recurring revenue. ExtraHop’s platform helps organizations discover rogue and unmanaged devices, detect late-stage attack activity, and remediate threats. Since its founding in 2007, ExtraHop has raised nearly $162 million.
Game Developer Second Dinner Raises $100M Series B
Game development studio Second Dinner has raised $100 million in a Series B funding round led by Griffin Gaming Partners. The Los Angeles-based company is behind the popular game MARVEL SNAP, which has been downloaded more than 22 million times and generated over $200 million in revenue since its launch in 2022. Second Dinner, founded in 2018, has raised a total of $130 million.
Health Care Startup Harbor Health Raises $96M for Expansion
Austin-based health care startup Harbor Health has raised $96 million in a funding round led by General Catalyst. The primary and specialty clinic group plans to use the funding for its expansion efforts. Harbor Health currently operates eight locations in Central Texas and has additional locations in the pipeline. Since its founding in 2022, the company has raised nearly $126 million.
Q&A Website Quora Raises $75M for AI Chat Platform Growth
Mountain View-based Q&A website Quora has raised $75 million in its first funding round since 2017. The funding was led by Andreessen Horowitz and will be used to further develop Poe, Quora’s AI chat platform. Quora, founded in 2009, has now raised a total of $301 million.
These notable funding rounds reflect the diverse range of industries finding success in the startup world. From entertainment and cybersecurity to gaming and health care, entrepreneurs are attracting significant investments to fuel their growth and innovation. As funding continues to flow into these sectors, it will be interesting to see how these companies shape their respective industries and contribute to the broader economy.
Analyst comment
Positive news: Fever Raises $110M in Entertainment Funding Round, Cybersecurity Startup ExtraHop Secures $100M in Growth Capital, Game Developer Second Dinner Raises $100M Series B, Health Care Startup Harbor Health Raises $96M for Expansion, Q&A Website Quora Raises $75M for AI Chat Platform Growth.
As an analyst, the market is expected to respond positively to these funding rounds. The investments show confidence in the companies’ potential for growth and innovation, leading to further development of their respective industries and contributing to the broader economy.
