Amount Raised
$15 Million
Investors
PebblebedSozo VenturesBowery CapitalLightspeed Venture Partners
Description
Select Star, a startup providing data discovery, lineage and governance tools to mostly enterprise organizations, today announced that it raised $15 million in a Series A round led by Lightspeed Venture Partners with participation from Bowery Capital, Sozo Ventures and Pebblebed. The fresh cash brings the company’s total raised to $20 million, and CEO Shinji Kim tells me that it’ll be put toward product engineering, go-to-market and customer success efforts.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech