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Against Gravity nets $24 million, plus more top funding news for Seattle-based companies

Hoodline logo Hoodline 6/19/2019 Hoodline

Seattle-based virtual reality company Against Gravity has secured $24 million in Series B funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced on June 12 and led by Index Ventures.

According to its Crunchbase profile, "Against Gravity Corp. is an augmented and virtual reality software company based in downtown Seattle."

Against Gravity is behind the virtual social club, Rec Room. The three-year-old startup also raised a $5 million Series A round in 2017.

The round brings total funding raised by Seattle companies in software over the past month to $138 million. The local software industry has seen 107 funding rounds over the past year, raking in a total of $1.7 billion in venture funding.

In other local funding news, B2B company AdaptiLab announced a $1.8 million seed funding round on June 7, financed by Trilogy Equity Partners.

According to Crunchbase, "AdaptiLab accelerates companies' machine learning and data science talent acquisition with ai-driven screening, sourcing and up-skilling services."

Founded in 2018, the company has raised two previous rounds, including a $120,000 pre-seed round earlier this year.

This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.


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