• Augmented reality platform Camera IQ raised $5 million in Series A funding led by early-stage Silicon Valley investor Shasta Ventures.
  • Camera IQ said augmented reality share rates on Instagram and Facebook increased 43% and 23% respectively during the second quarter.
  • CEO Allison Ferenci says: “[COVID] definitely accelerated both brand adoption, as quite literally we’re living life through the lens of the camera, … and customer adoption.”
  • We got an exclusive look at the pitch deck Camera IQ used to bring new investors on board.
  • Visit Business Insider’s homepage for more stories.

Augmented reality (AR) platform Camera IQ has announced a $5 million Series A led by early-stage Silicon Valley investor Shasta Ventures. The round brings total funding raised to-date to more than $14 million.

Camera IQ’s platform allows businesses to create and manage AR campaigns on social media and streaming platforms such as Instagram, Snapchat, and Zoom. It works with

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  • San Francisco-based payments startup SpotOn Transact has raised a $60 million Series C funding round from Twitter backers DST Global. 
  • The round comes six months after the company raised a $50 million Series B, with SpotOn completing negotiations remotely and without a pitch deck. 
  • “We’re very proud of how we, as a business and as individuals, have carried ourselves during this period,” RJ Horsley, president at SpotOn Transact, told Business Insider in an interview. “There was no playbook for the Covid situation but we’ve stuck by our team and our values.”
  • Visit Business Insider’s homepage for more stories.

San Francisco-based payments startup SpotOn Transact has raised $60 million from Twitter backer DST Global during the coronavirus without a formal pitch deck.

Founded by twin brothers and serial entrepreneurs Zach and Matt Hyman and Doron Friedman in 2010, SpotOn has around 1,000 employees.

The company plans to use its funding to

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  • Marketing analytics company BrandTotal just raised $12 million in a Series B funding round, bringing its total funding to $20 million.
  • The company’s investor deck pitches it as different from other martech businesses by focusing on “dark” social media ads that are only visible to targeted consumers.
  • BrandTotal’s clients include L’Oréal and DTC furniture company Resident.
  • Visit Business Insider’s homepage for more stories.

BrandTotal is a marketing analytics company that pitches advertisers on the premise that most digital and social media ads are now “dark,” or visible only to the people they’re targeting. 

Co-founder Alon Leibovich said the company uses its AI-powered software to track those ads and help advertisers understand their competitors’ strategies. This pitch has helped BrandTotal win business from big brands like L’Oréal and raise $12 million in a Series B funding round, bringing its total funding to $20 million.

BrandTotal’s most recent deck it presented to

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  • Data analytics startup GRID just raised $12 million in a Series A funding round backed by NEA, an early investor in Uber and Snap. 
  • The data analytics market is growing rapidly, with forecasts suggesting it will be valued at $40 billion by 2023. 
  • Forest Baskett, general partner at NEA, said GRID had “not only augmented and improved upon spreadsheets” but also built a stand-alone, defensible business.
  • We got an exclusive look at the pitch deck GRID used to bring investors on board. 
  • Visit Business Insider’s homepage for more stories.

GRID, the Icelandic data startup aiming to make spreadsheets more digestible, just raised $12 million in a Series A funding round backed by NEA, an early investor in Uber and Snap. 

Founded in 2018 by Hjalmar Gislason, GRID’s mission is to help businesses draw narratives out of datasets held in endless Excel and Google Sheets documents. It takes existing spreadsheets and

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  • Australian design unicorn Canva recently raised $60 million in fundraising – doubling its valuation to a massive $6 billion. 
  • The Sydney-based startup – known as the design platform for non-designers – boasts more than 30 million users in businesses and schools around the world. 
  • Canva has faced skepticism from some investors who want to see the profit margins to accompany its ballooning valuation.
  • We got an exclusive look at the first pitch deck Canva used on the road to becoming a tech unicorn. 
  • Visit Business Insider’s homepage for more stories.

Canva, the Australian tech unicorn, recently raised $60 million in a fundraising round backed by Sequoia Capital, Bond, and General Catalyst – and doubled its valuation in the process. 

The Sydney-based startup, dubbed the “design platform for non-designers”, had previously been valued at $3.2 billion, but after its latest fundraising round, that jumped to a whopping $6 billion.

The new

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By Medha Singh

Aug 21 (Reuters)U.S. stock index futures ticked lower on Friday, a day after the tech-heavy Nasdaq closed at a record high, as investors awaited U.S. business surveys for more clues on the economy’s health.

Surveys from the euro zone showed an economic recovery from its deepest downturn on record has stuttered this month, setting up a downbeat tone for IHS Markit’s surveys of the U.S. manufacturing and services sectors due later in the day.

U.S. stocks finished higher on Thursday as investors bet on tech heavyweights including Apple Inc AAPL.O and Amazon.com AMZN.O to ride out the pandemic as U.S. data painted a picture of a wobbly economic recovery.

Investors also worry about a stalemate in talks between House Democrats and the White House over the next coronavirus aid bill as about 28 million Americans continued to collect unemployment cheques.

Earlier this week, the

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