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Jscrambler has announced the completion of a $15M Series A funding round led by Ace Capital Ventures. The funds will be used to augment marketing and sales resources in the United States and Europe and strengthen and accelerate the product roadmap. DataDome, a SaaS bot protection solution for e-commerce and classifieds businesses, has released an updated version of its product. This improved solution gives businesses even more specific, actionable insight into the threats they face.
Huobi Technology Holdings Limited (Huobi Tech) has announced the signing of a Memorandum of Understanding (MOU) with the DIAE. Both parties intend to pool their resources and enter into definitive agreements regarding the potential business collaboration contemplated by the MOU.VETRO Inc joins hands with Tilson to leverage its broadband intelligence platform and Tilson's consulting expertise to provide integrated support for infrastructure grants management and mapping services.
Clearhaven Partners closes an oversubscribed debut private equity fund, Clearhaven Fund I, to invest in software and technology companies and focus on the lower middle-order market software and technology inputs.Quantifind has joined forces with Matrix-IFS. Quantifind's Graphyte platform complements Matrix-IFS' comprehensive KYC/CDD/EDD, transaction monitoring, sanctions screening, and case management services with best-in-class risk assessment and entity resolution accuracy.
Bigeye raised $45M in Series B to scale its data observability platform, continue building its product, trust and save expensive engineering hours by assisting data teams in preventing customer-centric outages.Ocrolus raises $80M in Series C at $500M valuation. It said it would use the proceeds from the funding to aggressively build products for the mortgage lending and banking industries, expand its US operations, ramp up hiring into 2022Panorays, a provider of third-party security risk management, announced a $42 million Series B funding round led by Greenfield Partners. The investment will help the company strengthen its position as the global benchmark for transforming third-party security risk management.Sternum, an endpoint security builder for IoT devices, raised $27 million in a Series B funding round led by Spark Capital to bolster its research and development and advance its scalable platform.Pronto, a partner ecosystem management company, has announced a $4 million seed funding round led by Work-Bench. Pronto will use this investment to expand its team and accelerate the delivery of its product roadmap and innovation. Progress, a global software company, has announced that it has entered a definitive agreement to acquire Kemp, a provider of always-on application experience (AX) for its customers, in a $258 million all-cash deal. Progress is a global software company that makes it easier to develop, deploy, and manage business applications.
Content automation company Turtl raised $17M in Series A funding from Octopus Ventures to expand its team and double its headcount. This Series A funding is Turtl's first institutional raise and stated that with this, the startup would double its headcount using the proceeds from the fund.Osano raises $11M in funding from Jump Capital to support its international expansion and hire for sales marketing and engineering. It witnessed significant growth and has over 10 percent of the Fortune 500 as paying customers.Genially raised $20M in a Series B funding round led by 645 Ventures and Owl Ventures to accelerate its global content aspirations and focus on growing its community alongside the constant evolution of its product.SaaS companies Molecule Software and Fidectus team-up. Molecule Software stated that the partnership is aimed at developing the integration between the two software platforms, which would be available in the first half of 2022.Sinch, a cloud communication company, recently announced the acquisition of MessengerPeople. Sinch will pay a total enterprise value of $ 56.2 million, consisting of $ 39.4 million in cash and $ 16.8 million in new Sinch shares.Freshworks, a provider of SaaS customer engagement solutions, debuted on the Nasdaq on Wednesday after a billion-dollar IPO. Freshworks stock increased by 32% after the company raised $1 billion in an IPO priced above the marketed range. Lio, a SaaS startup, received $5M in seed funding from Lightspeed India Partners and Sequoia Capital India. The funds will be used to hire more engineers and increase the number of users of the company's mobile app.Pentathlon Ventures, a venture capital firm focused on early-stage B2B SaaS, has announced the final close of its INR 76 crore first Fund. Pentathlon plans to invest in 20+ B2B SaaS startups each year, with average investments ranging from INR 75 lakh to INR 3 crore.
Data integration software Fivetran acquires data replication technology HVR. Customers of Fivetran now have access to a broader set of high-performance data replication solutions, including HVR's change data capture connectors. Fivetran also raised a funding round of $565M.Business Canvas, the company document management SaaS behind Typed, has announced a $2.5M seed round led by Mirae Asset Venture Investment. The seed funding will be used to speed up product development and the global open beta launch of its AI-powered document management platform.Salesforce has announced new Slack features just a few months after announcing integrations with Sales Cloud, Service Cloud, Marketing Cloud, and Tableau. According to the company, the features are intended to “build a digital HQ” at enterprises that are embracing hybrid work.Salesforce has declared a significant victory in the fight against global climate change. Utilizing 100 percent renewable energy and purchasing carbon offsets has effectively achieved Net Zero energy usage across its value chain.project44 acquires customer experience provider Convey for $255M to become a definitive global leader in modern digital supply chain technology. It said that the new AI capabilities from Convey would improve collaboration, bolster workflow automation and defend against business disruption with end-to-end visibility and predictive order intelligence.Mirakl raised $555M in Series E funding from Silver Lake to accelerate the growth of leading enterprises and online marketplaces. The company said it targets hiring 350 engineers, growing its team to 500 by 2023, expanding its geographic reach, with a dual focus on growing its Paris and Boston headquarters.Package management SaaS provider Cloudsmith raised $15M in Series A from Tiger Global and others to grow its team, deliver on its product roadmap and continue expanding into international markets.DeepFactor raises $15M in Series A from Insight partners and others to continue developing its AppSec observability platform, automatically observing billions of live telemetry events to detach anomalies without making code changes.Blackbird.AI, an AI-powered platform that combats disinformation, raised $10 million in a Series A funding round led by Dorilton Ventures to support hiring, scale-up engineering and sales teams.
Wipro has launched Wipro-Google Cloud Innovation Arena with a partnership with Google Cloud. This collaboration will aid in in-residence technical information, assist in seamlessly adapting to the cloud, and enhance innovation.F5, a cloud edge security software, has acquired the cloud security monitoring software Threat Stack for $68M. F5's application and API protection solutions combined with Threat Stack's cloud security capabilities can enhance visibility across the application infrastructure.Indeni, a security infrastructure automation company, has announced that it has partnered with TD SYNNEX. With the addition of Indeni to its portfolio, SYNNEX will be able to provide even more comprehensive solutions to its customersFlippa, a global online marketplace for buying and selling online businesses and digital assets, has raised $11M in Series A funding. The funds will be used to enhance the functionality of Flippa's platform products and scale the company's industry-leading business valuation tool.Check joins hands with Procare Solutions to improve how childcare centers carry out their payroll operations. The partnership is aimed at enabling Procare to integrate payroll capabilities into its platform fully.FloBiz, a neobank builder for small and medium-sized businesses (SMB), raised $35 million in a Series B funding round co-led by Sequoia Capital India and Think Investments to expand its team, develop its product and scale its distribution.Atlanta AI raises $15M in a Series A funding round led by GV to develop its AI systems and launch machine learning, network analytics tools. Its platform connects with numerous supply chain data points and answers questions about products, shipments, companies and networks, filtering out illicit trade, targeting bad actors and security threats across global commerce networks
RateGain Technologies, a company offering solutions for the hospitality and travel industry, recently launched Demand.AI, a SaaS solution leveraging AI to help businesses track hyper-local city demandExplorium launches Explorium Starters to help businesses start analytics programs from scratch, enable small and medium-sized businesses, looking to enter new markets or territories to identify their audiences, pilot new analytics programs CDNetworks, a content delivery network (CDN) provider, has announced the official release of its new live-streaming technology called Cloud Live. It's made to provide a smooth streaming experience while also making video streaming professional and efficient.
Kolide, a user-centric endpoint security system, has raised $17M in a Series B round to help with its go-to-market strategy and hiring more engineers and developers. Kolide presently manages 250 customers, thousands of users, and 23,000 devices with an eight-person staff.eShipz raised $700K in funding led by Indian Angel Network. The company provides shipping automation in the B2B segment and helps companies manage orders from multiple sources, via numerous courier companies using an integrated dashboard.
Mirantis launches Mirantis Flow to integrate numerous open-source technologies flexibly and package them as subscription services. It can also utilize existing computing hardware and includes Mirantis Container Cloud for providing deployment and lifecycle management of Kubernetes clusters across different infrastructure platforms.Ketch, a data control platform that manages compliance, raised an additional $20 million to its Series A funding round that closed in March this year, where it came out of stealth. This extension, AI funding, was led by Acrew Capital.Aircover, a sales tools and intelligence platform for in-person meetings, has raised $3M in a seed round to fund product development. Aircover's conversational AI platform integrates with Zoom and automates parts of the sales process, resulting in more successful conversations.
Limelight Networks Inc., a provider of content delivery services, has completed its acquisition of Layer0. The acquisition will help clients use the edge platform to sample content and install apps without compromising security.Data Center Inc. (DCI), a developer of core bank processing software, has announced a partnership with DataVisor, an AI-powered fraud detection startup. Because of the partnership, DCI's customer community banks will benefit from real-time fraud detection and prevention capabilities.FMG Suite, a marketing and advertising SaaS provider, has announced the expansion of its strategic partnership with LPL Financial. LPL financial advisers may now submit email, social media, and website campaigns using FMG Suite's all-in-one marketing platform.Bidgely, an energy analytics business, has received $26 million in an oversubscribed fundraising round from Moore Strategic Ventures. Bidgely will use the funds to create customized solutions to suit India's most critical utility needs.Skello a French startup, has raised $47.3 million (€40 million) in a Series B funding round from Partech. Skello is working on a SaaS platform to help organizations manage their work schedules. At every level of the scheduling process, Skello keeps track of legal responsibilities.Tyk an open-source API gateway and management platform, has raised $35 million in a Series B funding round from Scottish Equity Partners. The money will be utilized to hire more people and improve and expand the tools available to users.
strongDM, an infrastructure access platform, revealed a US$54 million increase in Series B fundraising round led by Tiger Global. Authentication, permission, networking, and observability are included in the strongDM platform itself.The Netherlands-based startup Sendcloud stated that the Series C fundraising round of the Softbank Vision Fund 2 had raised $177M. With its long e-commerce technology suppliers, Sendcloud comprises Shopify, Magento, WooCommerce, and Amazement, with over 50 integrated distributors. Quolum launches a card called Quolum SaaS card to purchase and manage Saas subscriptions. According to the company, software visibility, invoice aggregation, and control are some of the card's characteristics. Matillion attained the unicorn status with a $150M Series E funding from General Atlantic at a valuation of $1.5B. The funding came on the heels of accelerated growth and Matillion's Series D funding in 2021.Constructor raised $55M in a Series A funding round. The funding came amid a record 23 percent revenue growth (YoY), with the annual recurring revenue having more than tripled.Rewind raised $65M in a Series B funding round led by Insight Partners to build its new backup solutions for SaaS and hire the talent required to get the products to market.Pyxis One raises $17M in a Series B funding round to expand into new markets and double down on its product development. The company witnessed over 550 percent growth since its inception and has a customer base spread across retail, automotive, healthcare, finance and food tech.
Trustmary, a testimonial marketing platform, has raised $2.2 million in funding to support the company's marketing and development teams, as well as market entry initiatives. Trustmary began as a global video testimonial service in 2016, but by 2020, it had evolved into a SaaS startup.STORD a cloud supply chain services provider, has announced that it has raised $90M in a Series D round from Kleiner Perkins at a valuation of $1.125B and has turned unicorn. Other than the funding, it has announced its acquisition of FulfillmentWorks in an undisclosed deal.PassFort, a turnkey compliance solution, has announced that it has raised $16.2M in a Series A funding round led by Level Equity. Other participants include OpenOcean, Episode 1, Entrepreneur First, and Shard Credit Partners.Prosperity7 Ventures led a $23.7 million Series A funding round for StreamNative, a real-time data streaming platform. Pulsar plans to use the funds to hire more people, speed up its R&D efforts, and expand its capacity to solve new use cases.Satori raised $20M in Series A funding to fuel its research and development processes and accelerate go-to-market strategies and expansion in the US and accelerate the adoption of cloud data platforms with DataSecOps.Strike Graph raised $8M in Series A from Information Venture Partners and others to drive global expansion and expand its offerings to support other customer third-party frameworks and establish a global presence in areas like Canada, and ramp up hiring for engineering, marketing and product roles.Deep Vision, Inc. has raised $35M in a Series B funding round led by Tiger Global to accelerate product innovation. It expects to grow from its current headcount of 57 to 75 by the end of 2021 and plans to begin the sampling of ARA-2 in 2022.SkyKick raises $130M in a debt financing round to fuel its platform innovation and help meet IT Service Providers' demand for cloud automation solutions and accelerate cloud automation across the globe.
R3 Score has entered a partnership with Baltimore Development Corporation (BDC), enabling the BDC to extend its commitment to Baltimore's lending ecosystem using R3 Holdings' SaaS technology.ALLO Communications has announced the launch of a 10 Gigabit fiber-to-the-premises project valued at $50M in Lake Havasu City, Arizona. After finalizing the remaining city agreements, ALLO hopes to begin construction in Lake Havasu in the following months.
Freshworks, a SaaS customer interaction solutions provider, is planning an initial public offering (IPO) in the United States that could raise $912 million. Freshworks claims to have over 52,000 customers and generated $308 million in revenue last year, a 40% increase despite a $10 million net loss.BitSight will acquire VisibleRisk, a Moody's and Team8 cyber risk ratings joint venture, and Moody's will invest $250 million in BitSight. BitSight's ability to analyze and evaluate a company's financial exposure to cyber risk has been enhanced by the purchase of VisibleRisk.SpotOn, a provider of integrated software and payment solutions, has raised $300 million in Series E fundraising, valuing the firm at $3.15 billion. SpotOn will be able to quickly expand its presence in the middle market due to the acquisition.JFrog acquires Upswift to provide a single pane of glass for DevOps engineers and developers to securely manage the complete device software release cycle, reduce the deployment time and operational pain.Cloud directory platform JumpCloud raised $159M in Series F at a valuation of $2.56B from Sapphire Ventures and others. It came at a time of rapid growth, fueled by its cloud directory and delivery of innovations that expand the number of use cases of IT and other teams.Copado, a development and operations (DevOps) platform that enables digital transformation on Salesforce and SaaS clouds, attained the unicorn status, raising $140 million in Series C from Insight Partners at a valuation of approximately $1.2 billion to expand its end-to-end DevOps solution.Tenable enters a definitive agreement with Accurics to acquire the latter for $160M in cash. Accurics' solutions will integrate with Tenable.io® Container Security and Tenable.io Web Application Scanning and extend Tenable's broader cloud strategy.LevaData raises $47M in a Series C funding round. It plans to invest in improving its integrated platform capabilities, strive towards a deeper physical presence in key global markets and enable the creation of new jobs.EverAfter, a no-code collaborative platform, has announced that it has raised $13 million in a seed funding round co-led by TLV Partners and Vertex Ventures. Other participants include angel investors Benny Shneider, Zohar Gilon, and Amit Gilon. Guggenheim Investments led a $30M Series A financing for cloud workload protection platform Rezilion. The funds will be used to accelerate Rezilion's go-to-market strategy, including collaboration with other DevSecOps solution providers.
Fin, a work insights platform, has announced a $20M Series A funding round led by Coatue to accelerate its expansion into new countries by investing in sales, marketing, and R&D. Fin employs technology to evaluate critical staff workflows and find more efficient ways for operations teams to work.Freight Tiger, a SaaS-based digital freight network provider, raised $6.5 million from Florintree Infra with participation from Aroa Ventures, the Family office fund of OYO Founder Ritesh Agarwal.
Accruit launches the SaaS version of its Exchange Manager Pro(SM) software to simplify and centralize the administrative functions and challenges of processing 1031 exchanges.Amagi Media Labs, a cloud-based SaaS technology startup specializing in broadcast and connected TV, has raised more than $100 million in funding. With distribution in 40 countries across cable, connected TV, and OTT, Amagi has grown to become one of the world's largest cloud deployment partners.
Novi Connect, a B2B marketplace that helps firms create and manufacture transparent products, has raised $10.3 million in funding. Novi is a data-rich marketplace for transparent sourcing and purchase of ingredients, fragrances, and packaging.Delaget has teamed up with Payactiv, a financial wellness software company. Payactiv and other Delaget partners provide Easy-to-use interfaces to restaurant partners. Delaget's API Partnerships offer access to over 100,000 restaurants, eliminating the need for costly, one-time data integrations. Mavenick Consulting, KlearStack's parent business, has announced a strategic funding round. Intelligent Document Processing (IDP), a KlearStack SaaS platform, delivers AI-driven solutions for processing data from documents and images.Unanet, a SaaS-project-based enterprise resource planning (ERP) and Customer Relationship Management (CRM) provider, has announced its partnership with OpenAsset, a project-based digital asset management solution for Architecture, Engineering, and Construction industries (AEC), to expand its Unanet Connect platform's integration capabilities.Graphy recently launched a $14M Graphy Grant for highly ambitious creators looking to establish their learning communities. Graphy provides a single all-in-one platform to cater to the needs of creators who aspire to grow their audience and monetize their skills.Supabase, a developers' suite creator for repetitive workflows, raised $30 million in a Series A funding round led by Coatue with participation from angel investors.Snyk raised $530M in a Series F round, which valued the company at $8.5B. The company would use the proceeds to fuel its product innovation and development and introduce enhancements to its developer security platform, workflow integrations and improved functionality alongside new features.Affinity raised $80M in a Series C funding round led by Menlo Ventures and others to expand its sales and marketing reach into sectors such as investment banking, private equity, real estate and professional services like accounting, management consulting and law firms.
SingleStore raises $80M in Series F to innovate and expand its footprint and team to offer customers more resources and a better choice. The company revealed a 150 percent increase in cloud revenue and a 300 percent growth in customer acquisitions for its cloud service.Zeotap, a SaaS customer intelligence platform, announced a second extension of $11 million to its Series C funding, where it received $18.5 million from SignalFire in the first extension last year. The new extension involved the backing of Liberty Global Ventures.myCOI raised $5M in debt financing from SaaS Capital, a provider of growth debt for B2B SaaS companies. The proceeds would be used to continue innovation, improve customer experience and hire primarily for sales, marketing, product and development departments.ThinkIQ, a digital manufacturing transformation SaaS, has announced the launch of the Alliance Partner Program to assist customers in getting the most out of their strategic technology investments with the firm.PolyAI, a conversational AI company, raised $14 million in a Series B funding round led by Khosla Ventures. PolyAI, according to the company, creates and installs voice assistants for customer service automation that sound like actual people.TrueFort, a company that safeguards zero-trust apps, has secured $30 million in a Series B investment led by Shasta Ventures. The funds will be used to improve company-wide recruiting, go-to-market operations, and a variety of R&D projects.Duda, a professional web development platform for SaaS enterprises and digital agencies, has acquired Snipcart. Duda intends to put a lot of money into expanding the team and improving the basic Snipcart platform's capabilities and features.To further its vision for hybrid work environments, Google announced a series of innovations in the Google Workspace to help employees collaborate equally regardless of location, device preferences, role or language, a press release from Google said. The updates on the G Suite include a rollout of Spaces in the Google Chat for all users, in addition to new meeting enhancements and conferencing hardware for organizations to bridge the gap while navigating hybrid work environments.Sumo Logic, a log management and analytics provider, and IBM announced the availability of Sumo Logic's continuous intelligence platform on the open cloud Red Hat Marketplace to help companies running on the Red Hat OpenShift platform achieve insights into their cloud and hybrid infrastructure.
Hi there, and welcome to the SaaS news round up by SaaS Industry. My name is Thomas, and I'll be sharing with you the latest from the SaaS world.Microsoft announced that it acquired Clipchamp, an in-browser video creation startup founded in Brisbane, Australia. While the terms of the deal weren't disclosed, Chris Pratley, CVP of Microsoft's office media group, said that the purchase would enable Microsoft to incorporate Clipchamp's technology with Windows.Virtual meeting platform called Vowel has announced that it raised $13.5 million in a series A round led by Lobby Capital. During the pandemic, videoconferencing saw a 535% rise in daily traffic. The virtual meeting software market is expected to reach $41.58 billion by 2027. The fund will be put toward product development and expanding the size of Vowel's team. DigitalOcean, a cloud infrastructure company has announced the acquisition of Nimbella, a three-year-old startup which simplifies multicloud serverless software development. DigitalOcean, best known for its infrastructure-as-a-service platform, that helps software developers deploy and scale applications across multiple cloud servers. With the acquisition, DigitalOcean will be able complement its current PaaS and IaaS offerings with Nimbella's serverless compute tools.Leading web accessibility company UserWay has brought its AI Powered Accessibility Widget to the Duda app store. The Addition of the UserWay AI widget, will enhance the professional website building platform, by altering any website to make it accessible and ADA compliant. This is done by modifying both elements on the site and any inaccessible code that would otherwise limit visitors with disabilities. This creates a more user-friendly experience for the one billion people living with disabilities worldwide.IBM has announced the new IBM Power E1080 server, designed specifically for hybrid cloud environments. First in a new series of servers based on the new IBM Power 10 processor, the Power E1080 is engineered to be one of the most secured server platforms and is designed to help clients operate a secured, frictionless hybrid cloud experience across their entire IT infrastructure.Flipspaces, a technology-enabled interior designer for office spaces, has announced a fund raise of $2 million. The funding was led by former IIFL AMC CEO Prashasta Seth. The capital will be used to grow the US business, where the Mumbai-based startup claims to have seen 25X growth and expand its newly launched software-as-a-service vertical.RainFocus, the next-generation enterprise event marketing platform, today announced that it has closed its Series C funding round led by KKR, a leading global investment firm. RainFocus provides a premier end-to-end solution for setting up, running, and promoting events. “Indonesia-only” investment firm Intudo Ventures, closed its third fund, totaling $115 million. Intudo intends to invest in about 12 to 14 startups, in sectors like agriculture, B2B and enterprise, education, finance and insurance, healthcare and logistics. Initial check sizes will range from $1 million to $10 million.Seqera Labs, a Barcelona-based data orchestration and workflow platform, has raised $5.5 million in seed funding. The company's technology treats each source of data across different clouds, without that data ever leaving the boundaries of the infrastructure where it already exists.
Kissflow Inc., a work management SaaS business, is the first to move into Chennai's World Trade Centre (WTC). Kissflow's 350 employees who have accepted the company's industry-first Remote+ hybrid work style will be housed at WTC Chennai.IHL Group, a retail and hotel research and advising organization, has partnered with Content Catalyst, a technology company. Subscribers will be able to search all information, store, share, and export data into MS Office formats through an interactive experience.NeuroPixel.ai raises $825K from Inflection Point Ventures to scale its research and development. The proceeds from the funding would additionally be used to expand NeuroPixel's training set, a crucial piece of the puzzle for machine learning algorithms.Fieldproxy, a no-code SaaS platform for improving field worker efficiency, has raised Rs 2 crore in a seed round (about USD 0.2M). Fieldproxy is a web-based no-code builder that lets companies create bespoke templates to connect with their field workers.LifeWorks partners with Corestream to provide digital mental health therapy as a voluntary benefit for users. The internet-based cognitive behavioral therapy (iCBT) program is available to organizations across the United States.Portcast raises $3.2M in a pre-Series A funding round led by Newtown Partners and others to fuel its international expansion efforts, doubling its workforce and transit towards a prescriptive AI from a predictive AI approach.
Spotshare, a new parking solution from ParkOffice, a parking software for smart offices. On a supply-demand basis, Spotshare analyses the needs of other tenants and allows businesses to swap parking spaces.Simba Chain raised $25M in Series A from Valley Capital Partners. The company provides a cloud enterprise platform to help universities, industry, governments and individual programmers quickly develop and deploy Web 3.0 distributed applications (dApps) across blockchain platforms
Platform9 recently joined Intel's Open Retail Initiative and launched a new software-defined store solution to help retailers accelerate the rollout of store applications, simplify store IT infrastructure and application management.Clootrack, a customer experience company, just raised $4M in a Series A investment led by Inventus Capital India. Clootrack is a real-time customer experience analytics tool that assists organizations in determining why customers stay or leave.
Botify raised $55M in Series C to fuel its product innovation in organic search automation, grow its global presence specifically in APAC and other regions, and support its partner ecosystem development.CareAR, a Xerox company, raised $10M from ServiceNow at a post-money valuation of $700M. Xerox, with the acquisition of CareAR, announced that CareAR would be a part of CareAR Holdings, which comprise of CareAR, Inc., DocuShare® and XMPie, and deliver high-quality service experiences for service employees and end-customers.Pixalate raised $18.1M in growth funding from investors to expand its product offering globally without compromising emerging international regulatory obligations.Jeeves raises $57M in Series B to scale its all-in-one-expense management platform, launch in the UK, Europe and Colombia. It has raised over $180M in about 90 days, with the last funding coming in the form of debt and equity from a.16.z.
Skit raised $23M in Series B funding from WestBridge Capital and others to expand in markets like the US and enhance its voice technology. The company provides a suite of speech and language solutions that enable enterprises to automate their call center operations.Constant Contact completed the acquisition of SharpSpring, initially announced in June this year and met yesterday with the shareholders' approval. It provides a SaaS solution for marketing automation to help SMBs.Google Cloud and C3 AI enter partnership to help organizations spanning industries such as financial, healthcare, manufacturing, supply chain and telecommunications, solve real-world challenges.Crownpeak, a digital experience platform, has formed a strategic agreement with Webscale, a multi-cloud SaaS solution. Webscale will become Crownpeak's preferred cloud delivery engine for its global brands due to the partnership.Corelight, an open network detection and response (NDR) platform, has raised $75M in a Series D round from Energy Impact Partners (EIP). With the latest round of funding, Corelight will be able to expand its global market presence and develop new data and cloud services.Humane Inc., a platform that produces and sells consumer hardware, software, and services, has received a $100M investment from Tiger Global Management. Humane will be able to scale its operations while pursuing the next step in human-computer interaction.Stravito, a knowledge management platform, has raised €12.4 million (about $14.6 million) from Endeit Capital in a Series B round. Stravito will use the new funds to speed up product development and grow globally, emphasizing the US market.
Revenue Grid, an AI-based Guided Selling platform for sales teams, raised $20 million in a Series A funding round led by W3 Capital to transform the B2B sales process through AI-based revenue insights and its Guided Selling strategies.Code Climate raised $50M in a Series C funding round led by PSG to further its vision of helping engineers align initiatives with data-driven insights, drive continuous improvement and help advance its product vision, and extend its sales reach and customer success.Salesforce announced three Sales Cloud innovations weeks after its new slack integration announcement. They aim to empower sales teams to accelerate their growth through AI-powered insights, integrated sales enablement and subscription-based self-service that helps customers.Two companies, AxiomSL, a data management platform, and Calypso Technology, integrated trading, risk, and processing platform that merged in July this year, have formed a new company that will operate under the new name Adenza.Drift, a revenue acceleration platform, has formed a strategic partnership with Vista Equity Partners. Drift will benefit from Vista's industry experience, best practices, and large ecosystem as its portfolio business. Drift becomes a unicorn with Vista's growth investment.Trengo, an omnichannel communications platform, has announced that it has raised $36 million in a Series A funding round co-led by Insight Partners and Peak Capital. CoachHub, a digital coaching platform, has raised $80M in a Series B2 round, bringing its Series B fundraising total to $110M. CoachHub connects people with over 2,500 qualified business and well-being coaches in 70 countries across six continents using artificial intelligence.ICONIQ Growth has invested $50M in Vic.ai, an artificial intelligence platform for accounting firms and corporate finance departments. Vic.ai will use the new capital to grow its enterprise offering and provide further AI capabilities to customers in the US and Europe.Contentsquare announced the acquisition of Hotjar to help businesses of all sizes to build better digital experiences. The companies would operate independently for some time, with Hotjar learning from Contentsquare's technology and resources and Contentsquare benefiting from Hotjar's reach and product-led approach.
Databricks has raised $1.6B at a valuation of $38B from Counterpoint Global and others. The company aspires to build on its lead by investing in innovations that simplify AI and establish lakehouse as a modern replacement for traditional data warehousing.Walnut, a company helping sales teams manage their demo experience and reinvent sales experience, has raised $15 million in a Series A funding round led by Eight Roads Ventures to improve product demonstrations.OwnBackup, a cloud data protection platform provider, has acquired RevCult, a provider of Salesforce security and governance solutions and SaaS Security Posture Management (SSPM), to enhance its platform with proactive data security.Peak raises $75M in Series C from SoftBank Vision Fund 2 to fuel global expansion, open offices in the US and India and invest in R&D of its platform. Peak's Decision Intelligence software enables companies to embed AI into the core of their decision making to boost their operational efficiency across sales, marketing, demand management and supply chains .Rafay Systems raises $25M in Series B to hire engineers, grow sales, marketing and customer success teams and accelerate its strategic vision for its Kubernetes platform. It helps platform teams move beyond traditional Kubernetes cluster management to streamlined Kubernetes operations for modern applications.Apna, a job-search and professional networking site, is on the cusp of becoming India's fastest tech firm first unicorn. Apna is building a scalable networking infrastructure to connect low-skilled workers with relevant employers and help them find work.Rattle, a BizOps automation & orchestration platform, has announced that it has raised $2.8 million in a seed funding round co-led by Lightspeed and Sequoia Capital India.Octane, a software billing firm, has secured $2M at a valuation of $10M post-money. The funds will be used to hire engineers and product, marketing & sales personnel. Octane collaborates with a wide range of businesses, notably in the infrastructure and depth gauge industries.Harri, a service-oriented employee experience platform, has received growth funding from Golub Capital as part of a bigger funding round. Harri plans to use the capital to capitalize on the excellent momentum in the large corporate market and expand into other markets.
HackerU, a cybersecurity technology solutions, services, and knowledge transfer company, has acquired Cybint. The combined entity's global reach will expand following the purchase, and it will be known as ThriveDX, which stands for digital transformation.Dataiku, a platform for everyday AI, raised $300M in a Series E round led by Tiger Global, valuing the business at $4.6B. This funding will aid Dataiku in achieving its aim of systematizing data utilization for exceptional business results. Over 450 organizations use Dataiku globally.Correlated, a product-led revenue startup, has raised $8.3M in a seed round led by NextView Ventures and Harrison Metal. To assist the firm in exiting beta, the cash will acquire expertise in areas like engineering and go-to-market.Google Workspace and Miro have teamed together to make it easier for teams to collaborate, whether in person or remotely. Teams will be able to brainstorm and communicate in real-time and asynchronously with the help of Google Workspace and Miro.HubSpot has announced that its Co-founder and CEO Brian Halligan, would move to the position of the company's executive chairman and Yamini Rangan, its chief customer officer, has been promoted to the position of CEO.MakerSights has raised $25M in a Series B funding round to rebuild the profitability and sustainability of the retail industry. It would also use the proceeds from the funding to support its key executive hires and global expansion aspirations.STW Technic and Elevāt enter partnership to offer mobile machine IoT solution to users, allowing the extension of the value of every machine asset that Original Equipment Manufacturers (OEM) deploy, fleet operators utilize, and dealers deliver.Tsingyuan Ventures has now rebranded itself as Foothill Ventures to better reflect its vision of elevating entrepreneurs from the very first step (foothills to above). It has also closed an oversubscribed fund of $100M, initially targeting $70M.Digital experience intelligence (DXI) provider FullStory has raised $103M in an oversubscribed Series D round at $1.8B valuation to expand internationally and enhance its DXI platform to help companies in building their digital products and services across various teams, ranging from customer success to product.
Rapyd, a Fintech-as-a-Service company, has closed a $300M Series E round led by Target Global. Rapyd intends to use the funds to undertake a number of strategic acquisitions to assist growth in important sectors. Rapyd is currently valued at $8.75B, according to reports.Advanced Technology Ventures (ATV), a VC firm based in Silicon Valley that was hit by a ransomware attack in July, has sent a letter to the Maine attorney's office. The attackers had obtained personal information from the company's private investors, or limited partners (LPs), in the assault.Marvell Technology Inc., an infrastructure semiconductor solutions provider, and Innovium Inc., a provider of networking solutions for cloud and edge data centers, announced that they had entered a definitive agreement. As per the agreement, Marvell will acquire Innovium in an all-stock deal amounting to $1.1 billion. Moderne Ventures, an early-stage venture financing firm, has announced the closing of a $200M second fund, which was oversubscribed. Moderne Ventures invests in businesses with sales of $2M to $10M and makes initial payments of $4M to $7M.VMware announces new updates to its VDI and DaaS platform, VMWare Horizon, enabling IT departments to easily manage it from anywhere, across the cloud and on-premise deployments. The new features are aimed at increasing management efficiency and improving employee productivity amid a high adoption of cloud-deployed VMware Horizon desktops.Presto Company Ahana has raised $20M in a Series A funding round to redefine open data lake analytics amid high growth and adoption of Presto. It would use the proceeds from the funding to accelerate the expansion of its go-to-market and transform open data lake analytics.Workiva, a cloud-based platform for enterprises to manage business-critical data in real-time, has announced its acquisition of OneCloud, an integration platform-as-a-service provider (iPaaS), for an undisclosed sum to accelerate digital transformation in enterprises
Nektar.ai, a B2B productivity startup, has raised an additional $6 million seed funding round led by B Capital Group, 3One4 Capital, and Nexus Venture Partners. Several well-known Go To Market players in the US-Asia cross-border SaaS ecosystem took part in the round.McAfee Enterprise has announced the launch of MVISION Private Access, an integrated strategy for granular ‘Zero Trust' access and extending data and threat security capabilities to private apps hosted across hybrid IT environments. Baxter International Inc., a global medical products firm, is partnering with Amazon Web Services (AWS). As part of a company-wide push to increase cloud usage, Baxter has extended its multi-year strategic partnership with Amazon Web Services.Bridgestone Americas enters a definitive agreement to purchase Azuga Holdings for $391M from shareholders to strengthen its Silicon Valley presence and accelerate its progress towards delivering sustainable tire-centric and mobility solutions. Salesforce announced a definitive acquisition agreement with Servicetrace (financials undisclosed) to integrate it with a previously acquired company, MuleSoft. The transaction would close this October and the new Robotics Process Automation (RPA) capabilities of Servicetrace would enhance Salesforce's Einstein Automate solution and enable end-to-end workflow automation.Nozomi Networks has announced a $100M in Series D and a pre-IPO funding round led by Triangle Peak Partners. It states that this has been a year of record growth, topping a 110 percent increase in annual recurring revenue and a two-fold increase in customer base.
Cloud identity solutions provider Saviynt has announced that its risk analytics, identity governance and other technologies would now be available as a managed service via Deloitte's Identity+ Platform as it expands its strategic partnership with the latter to offer cloud identity solutions to enterprises. Square, a payments software firm, has bought Afterpay, an Australian “buy now, pay later” (BNPL) startup, for $29 million. Square's existing Seller and Cash App business divisions will be linked with Afterpay, allowing even the “smallest of businesses” to accept BNPL.Germany's Mambu has unveiled an all-digital product for small and medium enterprises (SME) to help them cut down costs and time to market. It states that the pressure on SME lenders to offer an all-digital customer experience has increased today, driving the need for the new decision.
Odoo, an open-source all-in-one business software, has announced that it has raised $ 215 million from Summit Partners, a growth equity investor. Odoo is one of the most popular company management software systems globally, with over 7 million users. MoEngage, a provider of AI-leveraged and cloud-based customer engagement platform, has recently announced a fresh fundraise of $32.5 million in a Series C1 funding round led by Multiples Alternate Asset Management.
vEstonia's Outvio, a provider of white-label SaaS fulfillment solutions to online shops, has raised $3 million in an early-stage funding round led by Change Ventures, ending its bootstrap spree since its inception in 2018, a TechCrunch report said.GoCoach, a B2B SaaS talent development platform, has received $120,000 in investment from Panoramic Ventures after being declared the winner of a monthly-pitch competition Startup Showdown, a press release from Panoramic Ventures said.Murf.ai, an AI-enabled SaaS-based voiceover company, received a $1.5 million seed round from Elevation Capital. Murf.ai is a text-based voiceover company that plans to use the cash to grow its market, improve its product, and add more staff.OneDay, a SaaS company, has announced that it has raised $19 million in a Series B funding round led by Volition Capital. OneDay is a SaaS startup located in Texas that uses video storytelling technology to help businesses increase revenue and consumer engagement.
Google Cloud has strengthened its relations with SAP by becoming a strategic cloud partner for SAP's RISE with SAP program. The two businesses will work under the terms of the new agreement to help clients with cloud migrations and business process transformations.AppOmni, a SaaS security management provider, has extended the breadth of the SaaS platforms it covers with enhanced security, revealed a new product functionality in AppOmni Insights and increased its customer base, a press release from the company said.Datadog has announced that it will be available on the Google Cloud Marketplace to allow customers to purchase its product, monitor their applications and infrastructure health across their Google Cloud environment. Those purchasing Datadog from the Google Cloud Marketplace would benefit from consolidated billing and streamlined procurement.Tenderly, a cryptocurrency startup, has raised $15.3M in a Series A investment led by Accel Ventures. The money will go toward expanding the company's worldwide reach and hiring engineers and businesspeople in new locations. Tenderly is a small company with 14 employees based in Serbia.
Algolia attains the unicorn tag, raising $150M in Series D from Lone Pine Capital. The round quadrupled its valuation achieved during its Series C in 2019, taking it to $2.25B. The company plans to address the increased demand for its search and recommendation products, continue its product expansion using the fund.Limelight Networks has announced its definitive acquisition agreement with Layer0, to purchase the latter in a cash and stock deal. The acquisition is aimed at making Limelight meaningfully transform into an edge SaaS provider and also driving its revenue, margins and EBITDA.Dixa has raised $105M in Series C funding from General Atlantic and aspires to inject funds into product development, potential acquisitions in the future, hiring for engineering teams and scaling its global presence. The company's total funding raised to date crossed $157M with this round of funding.LogicGate has raised $113M in a Series C funding round and aims to use the proceeds to fuel all elements of its business, including product development, notably targeted at its risk quantification solution that is likely to be released later this year. The company's total funding raised to date touched $156M.A group of SaaS pioneers in India has announced the forming of the Together Fund. With an initial capital of $85 million, the fund would support young Indian software-as-a-service startups. The group consists of Girish Mathrubootham of Freshworks; Shubham Gupta, formerly with investment firm Matrix; Avinash Raghava, formerly with Nasscom, iSPIRT, and SaaS BOOMi; and Manav Garg of Eka Corporation. Together Fund aims to invest in 20 to 25 businesses at various stages from pre-seed to Series B. In an interview with TechCrunch, Mr. Garg stated that the firm's check size would vary from $250,000 to $3 million.QuotaPath, a commission-tracking solution for sales and revenue teams, raised $21.3M in a Series A round led by Insight Partners. QuotaPath intends to grow its staff by the end of the year with the new fund. The company has raised a total of $26.3M since its inception, including this round.Contentful, a content platform, raised $175M in a Series F round, valuing the company at over $3B, making it a unicorn. The funds will be used to extend Contentful's global marketing and sales reach and to continue investing in its growth.Airwallex, a major worldwide payments network, has launched Capital 49, a new venture capital fund run by the company's founders. The new fund is anticipated to receive $200M from Airwallex's founders and other investors. So far, Capital 49 has invested in two fintech firms.
Loopin, a SaaS company, has acquired $820K from Venture Highway in a seed round. The additional cash received in this round will be used to grow the staff and develop the platform. Loopin is a calendar-based productivity application designed for professionals. Gumlet, a SaaS company that automates the publishing process for media, has raised $1.6M in a funding round led by Sequoia Capital India's Surge. Gumlet enables developers worldwide to scale and optimize their pictures and videos to fit the device or browser of the end-user.Pendo has raised $150M in Series F at a $2.6B valuation to help companies deliver software that meets customer expectations. The company has also reached $100M in Annual Recurring Revenue (ARR). It plans to further its aggressive global expansion using the proceeds from the funding.Yoco has raised $83M (R1.23 billion) in a Series C funding round led by Dragoneer Investment Group to accelerate product development. It aspires to move beyond South Africa and help one million merchants in the next four years using its services.Google has announced Google Cloud Retail Search, a new tool aimed at helping merchants enhance their e-commerce systems' product search capabilities. Retail Search is a fully managed service that complements Google's Retail Product Discovery Solutions. Atos, a global leader in digital transformation, has acquired Nimbix, high-performance computing (HPC) cloud platform provider. The combined solution, which incorporates multi-cloud bursting and hybrid capabilities, boosts self-service and automation and enhances Atos' capabilities.Wiliot has raised $200M in Series C funding led by SoftBank Vision Fund 2 to accelerate its mission of creating a new IoT era where intelligence and connectivity are brought to trillions of products that move the global supply chains.DataRobot has raised $300M in Series G funding and announced its acquisition of Algorithmia. The company said that the funding alongside the acquisition would bolster its augmented intelligence platform and help extract value from AI better and faster, and allow customers to run machine learning models reliably.
Nium, a global B2B payments network, has raised more than $200M in a Series A round, at a valuation of more than $1B, making it a unicorn. The money will be used to expand the company's payments network infrastructure, develop new products, and recruit top industry personnel.Tekmetric has established a partnership with AutoVitals, a shop management software for vehicle repair companies. The two auto repair company systems are now working together, allowing for easier two-way communication and a better customer experience. Vision Quest Velocity LLP, a virtual cycling company, has raised $3.4M in a seed funding round led by strategic financial partners. The strategic investment will be used by Velocity to develop ground-breaking software, new technologies, and platform awareness.Marble Financial, an AI-based financial solution business, has inked a formal credit facility agreement with CHP Agent Services Inc. Under the Credit Agreement, Marble will receive a $10 million credit facility through its wholly-owned Special Purpose Vehicle (SPV) subsidiary. Dover has acquired CDS Visual Inc., a provider of SaaS solutions. Dover's Engineered Products business will house CDS Visual as an operational unit. CDS Visual's software is built on a patented unique technology that enables for “live” 3D setup.Sila has announced its fundraise of $13M in a Series A funding round led by Revolution Partners and others. Its total funding has crossed $20.7M with this round, and it said that it would continue to bridge the gap between outdated banking systems and emerging financial systems built using blockchainSolarisbank attains the unicorn tag after raising €190M ($224M) in an oversubscribed funding round led by Decisive Capital Management. It has also announced that it would acquire Contis to fulfill its aspirations of providing banking-as-a-service across Europe.King River Capital (KRC) has announced the first close of its second fund, raising $95M from a range of existing and new investors. It would continue supporting founders in scaling their products and platform, and its aspirations of building innovative technology companies in the US and Australia.Deloitte has made two acquisitions – TransientX and Sentek Global – for an undisclosed sum to bolster secure networking and cybersecurity offerings to clients. TransientX's services would benefit Deloitte's zero-trust offerings and Sentek Global would beef up its system engineering and cybersecurity offerings.
Magic, a decentralized identity authentication platform, raised $27 million in a Series A round. Magic's aims to build the infrastructure needed to replace password-based Authentication with decentralized identity management. Magic employs a decentralized approach based on key-based encryption.Oktopost, a B2B social management platform, received a $20 million expansion financing round from Expedition Expansion Capital. The money will be used to accelerate the company's development pipeline, boost customer happiness, boost marketing and sales, and seek strategic acquisitions.
AxiomSL and Calypso Technology have merged, announces Thoma Bravo. Didier Bouillard, the current CEO of Calypso, will lead the new firm. Calypso and AxiomSL will form one of the most comprehensive cloud-based solution providers in the financial industry when they join forces.Hyreo, a provider of candidate relationship management tool, has raised an undisclosed amount in pre-Series A funding from Callapina Capital, other investors. It aims to expand its team size, doubling its headcount in the subsequent year and eyes international expansion using the amount raised.
Paystand has raised $50M in Series C funding to redefine B2B payments. The company leverages cloud and blockchain technology to provide payments-as-a-service and looks to accelerate its shift towards business-centric payments infrastructure using the proceeds from the funding.Blueprint Equity and ScOp Venture Capital led an $8 million Series A investment in Tovuti LMS Inc., a SaaS LMS. Tovuti LMS was built on the belief that creating learning management systems should be simple for administrators to set up and effectively use. Prodigal, a debt management and collection firm, has acquired $12M in Series A funding to expand its suite of cognitive workflow and optimization solutions, which enable businesses to boost efficiency, improve customer care, and boost profitability.DataGrail integrates with HubSpot to help enterprises manage privacy compliance efficiently, complying with the emerging data privacy laws, saving them time, money, and engineering resources.
YOOBIC has raised $50M in Series C funding from Highland Capital to continue its growth, increase its headcount to 350 by 2020 by hiring across technology, sales and engineering, and enhance its R7D efforts to cement its position as a leader in the market.Interos, a supply chain risk management SaaS provider, has turned unicorn raising $100M in Series C funding from NightDragon. It works towards mitigating supply chain disruptions, both cyber and physical.AuthenticID has raised $100M in minority growth investment from Long Ridge Equity Partners to support the development of solutions for extended identity verification and fraud detection use cases.Israel's Tailor Brands, which provides a platform for automating brand design and marketing processes for small businesses, has raised $50 million in Series C funding led by GoDaddy, reports state. Galvanize, a software platform for SaaS governance, risk, and compliance (GRC), has announced a strategic partnership with Waymark Tech, a regulatory and legal intelligence supplier to financial services. TPG Capital will get $2.25 billion from Uber Freight for Transplace. Uber Freight's company will grow due to this purchase as it seeks to carve out market share in existing regions and expand into Mexico. According to the company, Uber Freight's brokerage would be kept independent from Transplace's services.Gravitee dot i o an open-source API management platform, has raised $11M in a Series A round, led by Oxx and AlbionVC, to expand its development, sales, and marketing teams. Tide, Auchan, and other firms use Gravitee dot i o's main API administration tool.CloudServer, a SaaS-based, cloud-hosted RPA service, has been introduced by OpenBots, an open-source RPA platform. The new CloudServer is cloud-based, making it a dependable, scalable, and secure option. Its usage-based approach saves clients money by charging per-minute use rather than per-bot or per number of machines or users.Mailmodo, a no-code email marketing company, has raised $2 million in early funding to help with product development and market expansion. Mailmodo was one of the companies in the fifth batch of Sequoia Capital India's Surge program. According to Mailmodo, using AMP emails shortens the user experience.
Yapily, an open-banking infrastructure provider, raised $51 million in a Series B investment to assist the company in expanding its commercial footprint across Europe. By focusing on approved APIs, Yapily can deliver a quicker and more reliable experience.Vitally has announced the raise of $9M in Series A funding from Andreessen Horowitz to continue its mission of helping organizations implement personalized customer success and scale their customer success efforts.Dozee raised around $6M in a Series A round to conduct research and development to develop new products and improve the platform's capabilities. Dozee's Remote Patient Monitoring system is gaining traction, with over 216 hospitals in India partnering with the company in the last six months.i80 Group, an investment firm, has committed more than $1 billion in loans to more than 15 firms. I80 focuses on the financial and proptech industries. It conducts quarterly calls with venture capitalists, which is how it obtains the majority of its transaction flow for the time being.Outplay has announced a $7.3 million Series A round to invest in technology and employ specialists from all around the world. The platform also provides assistance to guarantee that software adoption across client teams is completed in a matter of days.Sonatus has raised $35 million in Series A funding led by Translink Capital to fuel growth and drive its mission of empowering automakers with cloud-based software solutions to transform vehicles into “data centers” on wheels.Salesforce has completed the acquisition of Slack, eight months after it entered the definitive agreement to acquire the latter for $27.7B in a cash and stock deal. The acquisition would combine Slack with its Customer 360 tool, creating an operating system that allows companies to succeed in an all-digital world.Microsoft has acquired cloud infrastructure management and security provider CloudKnox Security to provide unified privileged access to its customers. The CloudKnox software would work with Azure public cloud and align with Microsoft's cloud security goals.Spendesk, a provider of all-in-one Spend management SaaS platform, has raised €100M ($118M) in Series C to increase hiring, accelerate product innovation and introduce spend management automation and insights to every finance team in Europe.
Soldo raised $180M in an oversubscribed Series C round led by Temasek. Soldo is a platform that allows employers to give their workers prepaid business cards that are linked to an automatic expense management system.Vector Solutions has purchased the higher education sector of EVERFI for $100 million. Vector currently has 2,200 higher education clients, representing over half of all degree-granting schools and universities in the United States. Some of the world's most well-known companies are among EVERFI's clients.Zenput, a company focused on operational execution, has raised $27M in a Series C round led by Golub Capital. Zenput has been utilized by Chipotle, Domino's, P.F. Chang's, Five Guys, Smart & Final, and 7-Eleven, among others. Zafin and Codat team up to help financial institutions with detailed cash flow data to assist them in offering more suitable products and pricing. The partnership would help them provide better personalized services to their clients and SMBs.Pillar VC has announced the close of $192M for two of its funds – $169M for Pillar III, its third fund and $23M for Pillar Select. The venture capital firm would typically make pre-seed investments ranging between $50–500K and seed round investments worth $2M to $6M.AppOmni, a provider of SaaS security management, has announced that it would provide its services to the ServiceNow platform to help its customers get better visibility into Sas security posture, help its IT and security teams to remediate risks and configure security better.Wipro has announced the launch of its FullStride Cloud Services and commitment to invest $1B in cloud technologies, partnerships and acquisitions to create a comprehensive cloud transformation capability for its mutual clients, partners and customers.
Limeade, an employee engagement software provider, has announced the acquisition of Seattle-based TINYpulse, a SaaS employee listening provider, to create healthy employee experiences. Under the terms of the deal, likely to close by the end of July 2021, Limeade would merge with TINYpulse in an all-cash deal of $8.8 million for 100 percent of the issued capital of TINYpulse. In a press release, Henry Albrecht, founder and CEO of Limeade, stated that the Covid 19 pandemic had reinforced the company's vision of creating healthy employee experiences, generating better business results for customers.Go1, a platform helping companies upscale their workforce via on-demand training, has turned unicorn, raising $200 million in Series D at a valuation of $1B in a round co-led by SoftBank Vision Fund 2, AirTree Ventures and Salesforce Ventures. Go1's Series C funding round came last year where it netted $40 million from Madrona Venture Group. The total funding raised by Go1 crosses $283 million as per Crunchbase. Other and existing investors - Blue Cloud Ventures, Larsen Ventures, Scott Shleifer and John Curtius from Tiger Global, TEN13, Microsoft's venture fund M12, Madrona Venture Group, SEEK, and Y Combinator participated in the funding round.Kdan Mobile, a Taiwanese startup, has raised $16 million in a Series B funding round led by Dattoz Partners. Yeon Su Kim, CEO of Dattoz Partners, will be joining Kdan's board. Other participants in the round include Taiwania Capital, Golden Asia Fund Mitsubishi UFJ Capital, and WI Harper Group. Kdan Mobile specializes in cloud-based applications for workplace mobility. Kdan Mobile's enterprise products, such as Document AI, its data processing and filtering technology, and SaaS products like e-signature service DottedSign, PDF software Document 365, and Creativity 365 for multimedia content creation, including animations and video editing, will receive part of the funding.Productiv, an enterprise SaaS management platform, has announced it is collaborating with Miro, an online whiteboard tool. This collaboration will enhance how people communicate inside the organization and maximize the usefulness of communication apps like Miro.The partnership will provide corporate teams more visibility into how they're using Miro for new collaborative practices, such as real-time feature utilization.Dover, a recruiting platform, has raised $20 million in a Series A funding round led by Tiger Global Management. Other participants include Founders Fund, Abstract Ventures, and Y Combinator. Dover, which has created a "recruitment orchestration platform" geared at recruiters, lets them juggle and combine numerous applicant pools to automatically locate appropriate job prospects and then manage the outreach process, according to CEO and co-founder Max Kolysh.Treblle, a real-time Application Program Interface (API) monitoring and analytics platform provider, has raised €1.2M ($1.4 million) in seed funding from Pan-European Venture Capital firm, Nauta Capital that predominantly invests in early-stage tech companies.
Zoom enters definitive agreement to acquire Five9 in an all-stock deal, approximately worth $14.7 billion. It would integrate the latter's contact center-as-a-service solutions, into its communications platform to build better customer engagement in the future and accelerate long-term growth aspirations.AllCloud acquires Integress for an undisclosed amount to help companies in their cloud transit journey. With Integress accelerators that can expand, into AWS and Salesforce with data and analytics offerings, organizations would be able to accelerate their cloud journey. Publicis Groupe has announced its acquisition of CitrusAd, a Sas retail media platform for optimizing brands' marketing performances, for anundisclosed amount. The acquisition would help it in three major areas of growth, customer understanding and consolidated measurement. Kamereo, a purchasing platform and Tech-veggie supply for restaurants in Vietnam, has raised $4.6 million co-led by CPF Group, QuestVentures, and Genesia Ventures. The funds will be used to hire additional employees, create a new warehouse management system, update the user interface, and expand into Hanoi next year. Razorpay, a fintech startup, has acquired TERA Finlabs, a Bengaluru-based sas startup, in an undisclosed deal. TERA Finlabs enables embedded finance solutions for organizations by providing technology, risk, and capital solutions. TERA Finlabs is a subsidiary of GAIN Credit, a digital lender located in the United Kingdom. Accel Partners and Matrix Partners India led a $12 Million Series A financing round for Captain Fresh. The fresh funds will be used to continue investing more heavily in supply-side technologies, increase distribution globally, and invest in the company's employees.
Teikametrics, a Sas platform for Amazon and Walmart sellers, has raised $ 40 million in Series B funding from Intel Capital, to drive the expansion of its AI-powered Sas platform, to support its mission of bringing, cutting-edge decision-making capabilities, to every online seller in the world.Shopmonkey has raised $75 million in a Series C investment led by Bessemer Venture Partners and Index Ventures. The funds will continue to expand and grow, while also delivering top-notch service, to the auto repair industry with additional finances.
Workiva recently became the first SaaS company to gain entry to the UN Global Compact CFO Taskforce, as a part of which its CFO Jill Klindt, joined the task force. Workiva now aims to help companies in aligning their sustainability goals and commitments with credible corporate finance strategies.NirogGyan, a SaaS company focusing on the healthcare industry, has raised an undisclosed amount in a seed funding round led by industry veterans. Participants in the round include Arindam Haldar, Teji HS, Sumit Bagaria, and others like BITS Pilani's startup incubator PIEDS (Pilani Innovation & Entrepreneurship Development Society). Google Assistant Investments Program and 100x Entrepreneurs have invested an unknown sum in Slang Labs. Slang Labs, which was formed in 2017, claims to be one of the first Google-funded companies in the global In-App Voice Assistant market. NRG Systems, a developer and manufacturer of decision support tools, has announced the launch of NRG Cloud. To make data retrieval and storage operations easier, NRG Cloud offers a suite of data management services. NRG Systems has made the NRG Cloud Standard Connect Package accessible for free. ServiceMax, a field service management SaaS provider, has recently announced its entry into a business combination agreement with Pathfinder Acquisition Corporation, a publicly-traded Special Purpose Acquisition Company (SPAC). The close of this transaction would list ServiceMax on Nasdaq as a public company.
ServiceMax, a field service management software provider, has signed a definitive agreement to acquire LiquidFrameworks from a private equity investor Luminate Capital Partners. The financial terms of the transaction remain undisclosed. Luminate Capital Partners had acquired LiquidFrameworks in 2019. In a press release, ServiceMax announced that the deal would expand its field service management solutions, to address unique challenges in the energy sector. Additionally, the acquisition would better position ServiceMax to meet digital service execution demand in the industry and facilitate its expansion of portfolio and go-to-market strategies.Netradyne, a startup using AI to build fleet safety solutions, has announced its Series C fundraise of $150 million from SoftBank Vision Fund 2. with participation from existing investors Point72 Ventures and M12.Amazon Web Services has announced the general availability of Amazon Health Lake, which is a cloud service that allows healthcare companies to centralize their medical data from various systems, and utilize it to improve patient care. According to AWS, utilizing HealthLake to consolidate different records into a single data repository makes information more accessible. This information includes medical information, such as clinician notes, lab reports, and insurance claims, stored in several databases.LearnWorlds, a platform for creating and selling online courses, has announced that it has raised $32 million in a minority investment led by Insight Partners, global venture capital and private equity firm.Google Cloud India has announced the launch of its new cloud region in Delhi-NCR. This would enable the firm to better their services to clients in various industries, particularly the public sector in India and the Asia-Pacific. The financial details have not been disclosed.Daloopa, a company providing AI-powered document automation and data extraction, has announced its $20 million Series A funding in a round led by Credit Suisse Asset Management's NEXT Investors. Lightyear, a software provider for network infrastructure procurement and management, has announced its Series A fundraise of $13.1 million from Ridge Ventures to boost hiring and resources in development, enhance go-to-market strategies, the company said in a press release. Lightyear had raised its seed round funding in 2020, netting $3.7 million from Amplo. With the close of Series A, the total funding raised by the company crossed 17 million $, as per Crunchbase. Singapore-based Easy Eat, a startup transforming restaurants into tech companies, has announced a raise of $5 million to expand into deeper Southeast Asia. The round involved participation from Aroa Ventures, family office of Ritesh Agarwal, founder and CEO of OYO; Reddy Futures Family Office; Prophetic Ventures; Maninder Gulati, global chief strategy officer of OYO; Cem Garih, managing Partner at Alarko Ventures, Fethi Sabancı Kamışlı, founder and managing partner of Esas Ventures and a few Silicon Valley-based VCs and angels, as per reports. SecurEnds, a cloud-based identity governance company, has announced a $21 million in Series A funding led by Elephant, one of the largest Series A investments in Atlanta's cybersecurity and tech startup ecosystem, the company stated in a press release. Lantronix has announced the introduction of True Zero-Touch Automation updates for provisioning remotely deployed IoT devices. Lantronix Inc. is a global provider of secure turnkey solutions for the Internet of Things and Remote Environment Management , including SaaS, connectivity, engineering, and intelligent hardware.Tinvio, a Singapore-based startup, has announced that it has raised $12 million in a Series A funding round led by AppWorks Ventures. The startup's strategic investor MUFG Innovation Partners (MUIP), also participated in the round. Other participants include Tinvio's existing investors, Sequoia Capital India's Surge, Global Founders Capital, and Partech Ventures. Digantara, a spacetech startup, has raised $2.5 million as part of their seed funding round led by Kalaari Capital. Digantara plans to utilize the funds to expedite product development and launch its first satellite (technology demonstration mission) into low-Earth orbit, according to the official announcement.MedPay, an API platform, has raised $1.2 million in a seed funding round led by Talent Investor Entrepreneur First and GrowX Ventures. The funds will be used to meet rising demand and enhance the company's current product offerings.
Invite-only social audio app, Clubhouse, has launched its direct messaging feature- Backchannel- for all users, which allows them to slide into a one-on-one chat mode or a group text format.Microsoft has unveiled Windows 365 that takes the OS to the cloud to offer a personalized PC experience for users and organizations, a new approach to cloud computing amid hybrid working.Simpplr has raised a $32M Series C from Tola Capital. Simpplr will use the new funds to develop its platform, expand its development team, and scale up to serve worldwide commercial clients.Crayhill Capital Management invests $300 million in Unybrands as growth capital. Unybrands is an eCommerce platform that helps Amazon fulfill and direct-to-consumer businesses scale.Deskimo, a Y Combinator's S21 batch startup providing on-demand access to work desks in professional workspaces, has launched in Singapore and Hong Kong after its inception in February this year, reports state.Cybereason, an end-point detection and response platform has raised $275 million in a crossover Series F funding round led by Liberty Strategic Capital, with participation from Irving Investors, certain funds advised by Neuberger Berman Investment Advisers LLC and Softbank Vision Fund 2*, it said in a press release.Bevy, an enterprise-grade virtual conference and community events platform, has acquired Eventtus, an engagement platform managing events for an undisclosed amount to offer a comprehensive end-to-end management solution and a seamless experience for event attendees.Flymachine, an organizer of digital live events, has raised $21 million in a round co-led by Greycroft Partners and SignalFire, with participation from Primary Venture Partners, Contour Venture Partners, Red Sea Ventures, and Silicon Valley Bank.Untitled Ventures has announced its second fund of USD 118.3 million. It will collaborate with InnMind to deliver high-quality deep tech startup deal-flow to the fund's pipeline.Railsbank, a provider of APIs for fintech services, has raised $70 million in equity funding led by Anthos Capital. Other participants include Central Capital, Cohen and Company, and Chris Adelsbach's new fund Outrun Ventures.Cardless, a platform developer for companies launching credit cards, has raised $40 million in a Series B funding round led by Activant Capital. Other participants include Accomplice, Pear VC, and the owners and management of NBA teams Phoenix Suns and Boston Celtics. The funding increases the company's total raised since its debut in 2019 to $50 million.The Moot Group (TMG), an eCommerce technology startup, has raised €5 million (approx. USD 6.9 million) in a seed funding round led by Fuel Ventures. The new funds will be used for the company's next growth stage. Great Question raises $2.5 million in a seed funding round. Great Question is an online platform that provides product managers, designers, researchers, and research operations with UX research services. Great Question was part of Y Combinator's winter program of 2021. BHyve, a future of work platform, has raised $300,000 in a JITO Angel Network, LetsVenture, and other angel investors. BHyve is a platform for disseminating tacit employee knowledge and allowing peer learning networks in the future of work.Mobile.dev, a startup providing pre-production workflows to help mobile teams automatically detect problems, has raised $3 million in seed round funding from Cowboy Ventures.Acelerate, a software company helping restaurants operate efficiently, has announced the raise of $14.4 million in Series A funding led by Sequoia Capital. Taking the announcement to its LinkedIn handle, the company expressed delight at the investment after a year of bootstrapping.Stytch has raised $30 million in Series A funding led by Thrive Capital with participation from Coatue and existing investors, Benchmark and Index, the company wrote in an official blog. Multiplier, a Professional Employment Organization (PEO) platform, raises a $4 million investment round. It provides complete solutions that enable businesses to hire individuals globally. Proper, a property accounting services provider for the real estate industry, has announced the raise of $9M in Series A from QED Investors, with participation from our partners at MetaProp, Expa, and Bling Capital.
SimplyDelivery secured €10 million in a Series A funding round led by Cusp Capital (about USD 11.8 million). SimplyDelivery software reintroduces restaurateurs to direct contact with customers, and it identifies repeat clients. In the previous three years, SimplyDelivery's annual revenues have tripled while remaining profitable. Logical Clocks secured €5M (approx. USD 5.9M in a Series A round sponsored by Industrifonden. The money will go toward expanding the company's commercial activities and footprint, particularly in the United States. Hopsworks, the world's first enterprise and open-source Feature Store with a full machine learning platform, was established and is operated by Logical Works.Fortive Corporation, a technology provider for connected workflows, has signed a definitive agreement to acquire ServiceChannel, a leading SaaS-based multi-site facilities maintenance service provider. The deal, approximately worth $1.2 billion, would primarily be funded with available cash, Fortive said in a press release.In a series of seed and Series A investment rounds, Endgame has raised a total of $17 million. Endgame is up against in-house developers who are splicing together various apps to create a solution that works for them. Endgame is currently in the early phases of development and is pre-revenue, but it already has a group of beta clients.In a Series D financing led by Warburg Pincus, Quantexa raised $153 million. Quantexa plans to use the cash to enhance its product line and expedite its regional market growth plans. Quantexa works with blue-chip banks, insurers, and government agencies worldwide, including seven of the top ten banks in the United Kingdom and Australia.Sourcegraph has raised $125M in Series D from a16z and others. The total funding raised by the company crosses $225M with this round and it aims to make its search engine easier to set up and add more features to help developers with the funding.Eka Ventures, a UK-based venture capital firm, has completed its $95 million (£68 million) fund. Eka's goal is to invest in consumer technology firms that promote sustainable consumption, consumer health, and the “inclusive economy.” Eka also has the backing of 24 entrepreneurs, 12 of whom were previously supported by Eka Ventures, either through a fund or directly.Pantheon, a SaaS platform for WebOps developers, marketers and designers, attains the unicorn tag, raising $100 million in Series E funding from SoftBank Vision Fund 2 at a valuation of over $1 billion. This round takes the company's total funding raised to over $200 million.Motorola Solutions has announced its entry into a definitive acquisition agreement to acquire Openpath Security solutions, a mobile and cloud-based access control system provider for businesses. The financial details of the deal were undisclosed but Motorola expects the deal to close by the end of July 2021.San Diego-based AttackIQ, a security optimization platform and a Breach and Attack Simulation (BAS) system vendor, has raised $44 million in a Series C funding round led by Atlantic Bridge, taking its total funding raised to over $79 million.Impact, a global management platform, has raised $105 million in a $1.5 billion funding round led by Qatar Investment Authority. The additional funds will be used to increase partnership automation, strengthen channel relationships, and expand Impact's go-to-market operations. Leading companies such as Shopify, Uber, and Walmart use Impact's marketplace.Miami-based Marco Financial, a trade finance platform providing access to working capital for LATAM small and medium enterprises, has raised $82 million in a combination of seed and debt financing round, reports state.Discord, an online voice, video and text service platform, is set to acquire Sentropy, an AI-powered tool preventing digital communities from harassment for an undisclosed amount. It is reported that Discord would integrate Sentropy's products into its existing toolkit, also bringing the latter's leadership aboard its platform. Arctic Wolf, a cybersecurity operations firm, has raised $150 million in a Series F funding round, valuing the firm at $4.3 billion. The additional funds will be utilized to keep the company on track and improve its mergers and acquisitions strategy. Arctic Wolf's cloud security operations platform provides small and mid-sized enterprises with round-the-clock security monitoring.Remote has raised $150M in a Series B funding round led by Accel at a valuation of over $1 billion. Other participants include Sequoia, Index Ventures, Two Sigma, General Catalyst, and Day One Ventures. Employees and contractors can use Remote's worldwide payroll, benefits, and compliance services. With this round, Remote attains the unicorn status.Amperity, an intelligent customer data platform (CDP) for consumer brands, has turned a unicorn, raising $100 million in Series D funding at a valuation of over $1 billion in a round led by HighSage Ventures. Other investors – Tiger Global Management, Declaration Partners, Madrona Venture Group and Madera Technology Partners – participated in the round. Bookee, a SaaS platform for the fitness industry, has announced the raise of its pre-seed funding (amount undisclosed) from Antler India. Pallav Nadhani, founder of Charts.com and FusionCharts, and Abhishek Rungta, founder and CEO of Indus Net Technologies, participated in the round, reports state.ZoomInfo is set to acquire conversational intelligence provider Chorus.ai in a $575M all-cash deal. The move is aimed to allow customers to make excellent, data-driven decisions through their sales funnel by combining ZoomInfo's top-of-the-funnel strength with insights, driven from customer conversations that Chorus captures.The $57 million Fund III of the Female Founders Fund (FFF) has been completed. The new fund expands on FFF's current investing approach in women, women of color, and LGBTQ+owned businesses. Climate change and education are two topics that have recently gotten a lot of attention.
Elevate Brands, a company that acquires and operates Amazon third-party business, has announced an additional fundraise of $250 million. The majority of the fund came from its existing investors and a global group of technology, fintech and e-commerce business leaders, the company said in a press release.Vaayu, an automated platform to help retailers cut down their carbon emissions, has raised $1.57 million in its pre-seed funding round led by CapitalT. A number of angel investors, including Atomico's Angel Program, Planet Positive LP, Saarbrücker 21, Expedite Ventures and NP-Hard Ventures- participated in the funding round, reports state.Microsoft has announced a definitive agreement to acquire RiskIQ, a security company providing digital threat management solutions for software vendors. The deal is aimed to help customers build a comprehensive view of the global threats, better understand vulnerable internet-facing assets, and build world-class threat intelligence.Gembah has raised $11M in a Series A funding round led by ATX Venture Partners. The total funding raised by the company now crosses $14M and it looks to use the proceeds from this funding towards expanding its engineering and marketing team, develop UX/UI.HelloFlow, a fintech business, has raised € 1.3 million (about USD 1.5 million) in a seed round from PreSeed Ventures and Seedcamp. The cash will be utilized to strengthen the platform's advanced capabilities and speed up product development. HelloFlow is a no-code platform that connects with local ID authentication providers to change client onboarding and identity verification in local markets and in banks.Tide, a fintech firm, has raised $100 million in a $650 million Series C investment. The round's leader was Apax Digital. Tide will use the extra funds to strengthen its business finance platform, expand internationally, and expand its market share. While Tide's user base has gradually increased since its inception, in 2020, the number of users in the United Kingdom more than doubled.Vara, a staff-management platform for Southeast Asian small and medium enterprises (SME), has announced the raise of $4.8 million in a seed round from Go Ventures, RTP Global, AlphaJWC, Sequoia Capital India's Surge, FEBE Ventures and Taurus Ventures, reports state.Robin AI has raised USD 2.42 million in a funding round led by Episode 1. The increased funds will be used to expand the firm's client base. Robin AI will receive $2 million from the Google Black Founders Fund in addition to the funding round. Robin AI's software solution combines machine learning and human intelligence to automate legal labor. Richard Robinson is a Black attorney-turned-entrepreneur who is passionate about promoting diversity in the workplace.