💰The Funding Letter #1548: November 20

Kong, Enfabrica, Oura, and more...

November 20, 2024

In partnership with


Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City.

Hit the Gong 🎉

Source: @sales_bant_er

Stay up-to-date with AI

The Rundown is the most trusted AI newsletter in the world, with 800,000+ readers and exclusive interviews with AI leaders like Mark Zuckerberg.

Their expert research team spends all day learning what’s new in AI and talking with industry experts, then distills the most important developments into one free email every morning.

Plus, complete the quiz after signing up and they’ll recommend the best AI tools, guides, and courses – tailored to your needs.

Daily Deals 💸

🌎 Americas

Kong has developed an application programming interface platform that offers API gateways, developer portals, and API analytics, enabling development teams to distribute, monetize, manage, analyze, and utilize APIs. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $175M, Series E

Round Investors: Tiger Global Management (lead), CRV, Notable Capital, Balderton Capital

🚀Growth Focus: Accelerate its global GTM expansion, and enhance product innovation with AI capabilities across AI Gateway.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 663 (⚡16% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring

Enfabrica develops converged networking and memory fabric silicon and software for AI's performance and scalability demands and accelerated computing workloads, allowing businesses to get muItiple-graphics processing units and chips for solving critical interconnect bottlenecks in computing workloads. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $115M, Series C

Round Investors: Spark Capital (lead), VentureTech Alliance (lead), IAG Capital Partners, Arm Holdings

🚀Growth Focus: Fuel the next stage of growth as a leading AI networking chip and software provider.

HQ: Mountain View, CA

Industry: Computer Networking Products

Employee Count: 121

Subscribe to TFL All-Access Tier to read the rest.

Become a paying subscriber of TFL All-Access Tier to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.

A subscription gets you:

  • • Exclusive Access to The Funding Letter, delivering hundreds of leads to your inbox each month
  • • Searchable weekly, monthly, and annual datasets of funding announcement leads, so you can quickly find the most relevant data
  • • The hottest Sales Gigs in the industry, sourced from the fastest growing startups
  • • ..and much more to come!