The oversubscribed Series B round was co-led by Dawn Capital and Target Global.
"Copper has achieved tremendous growth over the past 12 months. I am incredibly grateful to our talented and growing team whose hard work is reflected, in part, by this highly successful funding round. I would also like to express my thanks to our investors who continue to support Copper and our ambitious plans to expand across the globe, and cement ClearLoop as the go-to for the clearing and custody of digital assets. Their backing, and continued support from our strong client base, is a testament to the quality of the business we are building."
The Cambridge-based semiconductor IP supplier raised the funds to scale its engineering and commercial teams in Asia and North America.
"What excites us about Agile Analog is the potential for scale. Every other analog IP supplier is restricted to selling a limited range of standard IP products. But because Agile Analog’s unique technology enables it to create the IP that the customer wants, it can satisfy a wider range of customer requirements, and integrate more functionality into a chip design. As a result, the company is not limited by the size of today’s analog IP market – Agile Analog’s addressable market is potentially as big as the analog chip market. That is a huge opportunity which OMERS Ventures is pleased to help Agile Analog explore."
FirstMark Capital led the investment round with participation from existing backers and new angel investors.
"We’ve still only scratched the surface of the video economy. In 10 years we believe most of our digital experiences will be powered by video in some way or form. But to truly realize the video-first internet we need a more scalable and accessible way to make video."
The pre-seed round was backed by MMC Ventures, RLC Ventures and angel investors to help expand the company early access programme.
"It has never been easier to start building and publishing your own software. But to be sure they’re building something useful, product teams of all sizes need to continuously keep talking to their users to understand what they want and how their products can be improved. Yet, for most product teams, user interviews can take days to set. Ribbon aims to change that by making it super simple for digital product teams to start user interviews directly from their products through one simple integration."
Downing Ventures led the Series B round with participation from Bain Capital Ventures, Uncorrelated Ventures, MMC Ventures, and Chestnut Street Ventures.
"Securing a further significant round of funding is an important step in the development of the business and a huge vote of confidence in our team, technology and achievements to date,"
