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

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Acronis raises over $250M for cybersecurity

, a provider of cyber protection across data, applications and systems, that it raised over $250 million in a funding round that sets a $2.5 billion valuation for the Swiss company.

led the financing, bringing total known funding to date for Acronis to more than $400 million, per Crunchbase data. Founded in 2003, the company says it now has聽more than 1,500 employees in 33 locations in 18 countries.

艑URA Health lands $100M Series C

Sleep health tech wearable announced a $100 million Series C round to bring its , according to Crunchbase data.

The new round was led by a group of new investors, including and ,听 , and ., as well as Bedford Ridge and . Existing investors who participated in the round include , , , , , and .

The Finland-based company has now sold more than 500,000 rings since being founded in 2013, it said. The ring tracks sleep and daily activity and then provides actionable insights on sleep and overall health.

It intends to invest the new funds in its software and hardware development, new hires, R&D, marketing and customer experience, as well as to dive into new use cases.

艑URA鈥檚 significant round is the latest among a group of companies focused on sleep technology. Since 2016, investors have pumped $1.9 billion into and equipment, according to Crunchbase data.

— Christine Hall

WorkBoard pulls in $75M for OKRs

Silicon Valley-based , a platform for companies to manage objectives and key results (OKRs), announced it has raised $75 million in a growth funding round led by 2.

Founded in 2013, WorkBoard previously raised $67 million in known funding, per Crunchbase data. The company says it sees further growth ahead as companies turn to its software to keep objectives aligned across teams as they commit to fully remote or hybrid work environments.

— Joanna Glasner

Fintech and e-commerce

LoanSnap banks $30M: , a San Francisco-based company touting the 鈥渨orld’s first smart loan,鈥� announced a $30 million Series B investment led by . Founded in 2017, LoanSnap intends to use the funds to expand into new loan types as well as its footprint across the United States. The company uses artificial intelligence to analyze a consumer’s finances, show them where they are losing money, and make a recommendation in seconds. It also created the 鈥淪nap Guarantee,鈥� in which the company will close a customer鈥檚 loan in 15 days or the customer receives $500.

Owen鈥檚 Craft Mixers lands $7.5M: New York-based cocktail mixer brand closed on $7.5 million in financing from a group of backers led by . Founded in 2016, the company will use the funds to round out its leadership team, ramp up marketing efforts, and manufacture product inventory ordered from and , the company said.

Deloce drinks in $1.5M: led a $1.5 million seed investment into canned cocktail brand . The Los Angeles-based company recently launched its first signature cocktail, an espresso martini made with cold-pressed arabica espresso and gluten-free vodka.

— Christine Hall

Health care

Pawp cuddles up to $13M: Veterinary telehealth platform raised $13 million in a Series A round to continue developing its app-based, subscription service that includes unlimited access and support from licensed veterinarian professionals for $19 per month, as well as access to a $3,000 annual stipend toward emergency costs. led the round, and the New York-based company, founded in September 2020, intends to use the funds to grow its team, on technology development and to expand its capabilities.

Little Otter launches with $4.2M: Children’s mental health company launched Tuesday with $4.2 million in pre-seed and seed funding led by . Child psychiatrist Dr. and her daughter, , lead the San Francisco-based company, which developed an app to connect families of small children with a real-life 鈥淐are Lead,鈥� who routes families to specialized care with Little Otter鈥檚 in-house providers. It also offers parents and siblings support and coaching.

— Christine Hall

Funding Rounds

Teachmint raises $16.5M: Indian online learning platform Teachmint raised a $16.5 million Series A, the company announced Tuesday. Learn Capital led the round for the company, which standardizes virtual learning tools. Teachmint, which was launched in May 2020, has more than 700,000 teachers on its platform, according to a statement from the company.

–Sophia Kunthara

Solid Power raises $130M: Solid-state battery maker said it raised a $130 million Series B led by the , , and . The funding will be used to help Solid Power produce more of its batteries, which are used in electric vehicles. Ford and BMW plan to use the company’s batteries for their upcoming EVs, according to a statement from the companies. The Colorado-based company last raised a $28 million Series A in October 2020.

–Sophia Kunthara

Enterprise software

VAST Data hits $3.7B valuation: New York-based closed a $83 million Series D led by . The new round gives the storage software developer a post-money valuation of $3.7 billion 鈥� tripling of the company鈥檚 valuation since April of last year.

The round also included participation from and several other existing investors. The company now has raised a total $263 million, according to Crunchbase

鈥� Chris Metinko

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