Startups

Safeguard Scientifics leads $20M Series B for Silicon Valley big data company

Safeguard invested alongside West Coast investors for Cask Data's latest raise.

Some of the Cask team on Halloween.

(Photo via Facebook)

Safeguard Scientifics led a $20 million Series B for Cask Data, a Silicon Valley big data company.
Other investors include Battery Ventures, which has U.S. offices in Silicon Valley, San Francisco and Boston, and Seattle-based Ignition Partners.
Safeguard managing director Phil Moyer joined Cask’s board.
Safeguard has doneĀ a number of Silicon Valley deals in the last year, including leading a $10 million Series B for health IT company Syapse (which then opened a Philly office after the deal was made) and investing $7 million in adtech company Quantic Mind’s Series A.

People: Philip Moyer
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