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Notification Infrastructure Provider Knock Announces $12 Million Series A Led by Craft Ventures

Notification Infrastructure Provider Knock Announces $12 Million Series A Led by Craft Ventures

February 19, 2024 Craig Etkin

David Sacks to join Board of Directors

February 15, 2024 01:30 PM Eastern Standard Time

SAN FRANCISCO–(BUSINESS WIRE)–Knock, the leading notification infrastructure provider, announced it has raised a $12 million Series A led by Craft Ventures, bringing the total funding to $18 million. Existing investors Afore Capital and Preface Capital also joined the round. More than 200 enterprises including Webflow, Vercel, Vidyard, and Amplitude depend on Knock to build multi-channel product experiences that drive engagement and retention. As part of the round, David Sacks, co-founder and partner at Craft Ventures, will also join Knock’s Board.

“I’m proud to be an investor in and a customer of Knock. ”

“Knock is the tool we wish we had in our past roles. Every product needs to engage with its customers, but until now, every team has had to build and scale that infrastructure in-house or work with tools not designed for the modern developer workflow. We started Knock to provide developers and product teams with flexible, API-first customer engagement that’s ready for production,” said Sam Seely, CEO and co-founder of Knock. “We’re excited that this capital will enable us to scale our platform and to help improve notifications for users of software everywhere.”

Founded in 2021, Knock gives developers a customer engagement platform tailored to their workflow. The customer engagement market has grown to $20 billion in recent years. But the majority — from mission-critical banking notifications to conversion-lifting user experiences — still runs on outdated systems that prevent notifications from reaching users at the right moment. Typically, these platforms are sold to marketers, and these high-volume, production-risk systems are often packaged in rigid dashboards that don’t meet developers’ needs. Knock puts notifications in context so engineering teams can manage them as part of their CI environment and deployment pipeline, with better documentation, powerful API primitives, and SDKs to ensure ease of launch and use. Knock’s APIs allow customization that can’t be built anywhere else.

“We share an aligned worldview with the Knock team: we believe in the power of great DX and API-first tooling to deliver business outcomes. Knock has helped us deliver on ours, with an experience that’s great for our team — and our users,” said Vercel CEO Guillermo Rauch, who is also an angel investor. “I’m proud to be an investor in and a customer of Knock.

“Everyone has seen the notification bell in their apps. It’s ubiquitous as the way to notify users about new activity. The problem is that every app ends up reinventing the wheel, hacking this together, and struggling to maintain it. It would make a lot more sense for developers to outsource their notification infrastructure. Now they can,” said David Sacks, co-founder and partner at Craft Ventures.

ABOUT KNOCK.IO

Knock is the leading notification infrastructure provider for businesses, providing development teams with a better way to build and scale customized notifications while easily integrating into existing workflows. With a focus on building infrastructure for engineers, Knock’s API delivers better user experiences that enable businesses to improve activation, engagement, and retention, allowing teams to focus on core product areas. Founded in 2021 by Sam Seely and Chris Bell, Knock’s investors include Craft Ventures, Afore Capital, Preface Capital, and Guillermo Rauch. For more on Knock, visit https://knock.app/

Contacts

Chelsea Allison
chelsea@cmand.co
312.775.2856

(c)2024 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, California, Knock, San Francisco, Venture Capital

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TAE Technologies, the leading fusion energy company developing the cleanest and safest approach to commercial fusion power, today announced that it has raised more than $150 million in its latest funding round, exceeding the company’s initial target for the round. Chevron, Google and NEA participated in the round, among other new and existing investors. TAE has the option to raise additional capital as part of this funding round. With more than $1.3 billion in equity capital raised since inception, this latest fundraise further validates TAE’s distinctive approach to commercial fusion.

In a statement Michl Binderbauer, CEO of TAE Technologies, said: “Fusion has the potential to transform the energy landscape, providing near-limitless clean power at a time when the world’s energy needs are growing exponentially due to the growth of AI and data centers. TAE’s technology uses the soundest physics to deliver superior performance in a compact machine, with attractive economics and best-in-class maintainability. We are leading the charge to develop revolutionary fusion technology for full-scale commercial deployment.”

TAE was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. The company has established itself as a leader in an industry that has the potential to transform the energy economy. Since 2014, TAE and Google Research have worked together to accelerate fusion science using cutting-edge machine learning. Google engineers worked onsite at TAE facilities to co-develop advanced plasma reconstruction algorithms, leading to significantly improved plasma lifetime and performance. Fusion is nature’s preferred source of energy. It is the same process that powers the sun and stars, and it is what makes life viable on Earth. When lighter elements fuse under immense heat and pressure, they form new elements and release a tremendous amount of energy. This process is safer than conventional nuclear power because fusion can be stopped at any time – eliminating the risk of a power plant meltdown. TAE remains singularly committed to advancing the frontiers of science and innovation to benefit humanity. With a steadfast resolve to redefine the energy landscape, TAE Technologies is at the forefront of the fusion revolution, poised to usher in a new era of sustainable and limitless power generation for a better tomorrow.
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Joby Aviation, a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared vision for the future of air mobility. The investment is aimed at supporting certification and commercial production of Joby’s electric air taxi. This underscores the mutual commitment to deepening integration and delivering next generation travel to global markets. This investment also puts the two companies a step closer toward a strategic manufacturing alliance.

In a statement JoeBen Bevirt, founder and CEO of Joby said, “We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design.” “This is an important next step in our alliance with Toyota to scale the promise of electric flight. With this capital and Toyota’s legendary production expertise, we’re enhancing our ability to scale cutting-edge design and manufacturing to meet the demands of our partners and customers.”

Joby Aviation is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. Powered by six electric motors, their aircraft takes off and lands vertically, giving it the flexibility to serve almost any community. Flying with Joby might feel more like getting into an SUV than boarding a plane. The company's aerial ridesharing service will combine the ease of conventional ridesharing with the power of flight. A green alternative to driving that's bookable at the touch of an app. With more than 30,000 miles flown on full-scale prototype aircraft, their aircraft is designed to meet the uncompromising safety standards set by the FAA and other global aviation regulators. Joby Aviation is now engaged in a multi-year testing program with the FAA to certify their vehicle for commercial operations, and have completed the first three of five stages.
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Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
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