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Drop Closes $44 Million Series B Funding to Drive Continued Investment in Personalized Rewards

Latest Round Led by HOF Capital, Includes Royal Bank of Canada as a New Investor Drop — the personalized mobile rewards platform designed to help shoppers earn more on everyday purchases — announced a $44 million USD Series B investment to further its mission of rewarding consumers by delivering relevant deals right to their smartphones. This round, led by HOF Capital, also includes returning investors New Enterprise Associates (NEA), Sierra Ventures and White Star Capital. Additionally, Royal Bank of Canada is joining as a…

Knotch Raises $20 Million in Series B Funding to Power Continued Innovation and International Expansion

New Investment Round, Led by NEA, Brings Knotch's Total Funding to $34 Million Knotch, the independent digital content intelligence platform, announced that it has raised $20 million in additional funding. The Series B round was led by global venture capital firm New Enterprise Associates (NEA), with participation from previous investors, including relevant high-net worth entrepreneurs in the media and technology spaces. This round of financing will further accelerate Knotch's product offering and robust customer support,…