Dog-walking app Wag lands $300 million from SoftBank and appoints new chief executive; Next Trucking raises $21 million in Series B round; and nonprofit fundraising startup Funraise closes $9.7 million round.
On-demand dog-walking app Wag landed a $300 million commitment from the SoftBank Vision Fund and announced former LifeLock executive Hilary Schneider as the company’s new chief executive, the Business Journal reports. The company, founded by brothers Joshua and Jonathan Viner, offers users mobile access to book dog walkers and boarding services.
Next Trucking Partners, an online marketplace connecting truckers with shippers has raised $21 million in a series B round, the company announced Jan. 30, the Business Journal reports. The Lynwood-based company which was founded in 2015 said that the financing was led by Sequoia Capital in Menlo Park. To date, the company has raised a total of $27.3 million, according to Crunchbase Inc., a crowd-sourced database that tracks start-ups.
Nonprofit fundraising software provider, Funraise, announced the closing of a $9.7 million Series A financing, led by Toba Capital, according to a press release. The round marks the second significant investment for the two-year-old startup, bringing the total capital raised to $13 million.
Technology reporter Garrett Reim can be reached at firstname.lastname@example.org. Follow him on Twitter @garrettreim for the latest in L.A. tech news.