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Mambu has been seeing 100% growth year-on-year, but notably, Mambu covered 50 markets when it last raised money, €30 million in 2019 , so you can argue it has some investing and expanding to do on that front. Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools. offices established in Miami.).
The main platforms used at this point include Neo4j, Senzing or Neptune from AWS. Tilo has now raised €1,200,000 in pre-seed funding led by European VC Peak Capital (which put in €640,000). The market Tilo is taking on is large, and worth approximately $65 billion, according to Gartner. But it remains a big problem to solve.
The new cash brings the company’s total raised to $33 million, which CEO Marc Boscher says is being put toward product development and expanding Unito’s headcount from 65 people to 70 by the end of the year. Beamy recently raised $9 million to further develop its platform to detect and orchestrate SaaS apps.
Last year, in the span of one week, three companies alone in the data observability space — Cribl , Monte Carlo and Coralogix — raised more than $400 million. Today the company announced that it raised €12 million (~$12.7 “Its platform sits above the data stack, providing a 360-degree oversight of the data assets.”
Rezonate , a Boston- and Tel Aviv-based startup that offers an agent-less cloud identity protection platform that aims to help DevOps teams minimize attackers’ opportunities to breach cloud identity and access, is coming out of stealth today and announcing an $8.7 Rezonate raises $8.7M Image Credits: Rezonate.
Since raising its seed round in 2020, attacks like the SolarWinds hack increased awareness of how vulnerable the software supply chain can be. Cyberpion raises $8.25M in seed funding to help businesses secure assets beyond their firewall. Venture Partners.
Spin Technology , a data protection software vendor catering to enterprise clientele, today announced that it raised $16 million in a Series A round led by Blueprint Equity with participation from Santa Barbara Venture Partners and Blu Venture Investors. Gartner estimates that companies will spend $172 billion on IT security in 2022.
The startup has now raised more than $47 million and is not disclosing its valuation. These are three of the most commonly used video platforms in educational settings, but they are all based on technology that was, essentially, originally built with more enterprise and generic purposes in mind.
MoEngage, a San Francisco and Bangalore-based startup that helps firms understand their customers and improve app engagement, has raised $30 million just four months after closing its previous funding round. Existing investors also participated in the round, which takes MoEngage’s all-time raise to about $100 million.
Heartex, a startup that bills itself as an “open source” platform for data labeling, today announced that it landed $25 million in a Series A funding round led by Redpoint Ventures. Unusual Ventures, Bow Capital, and Swift Ventures also participated, bringing Heartex’s total capital raised to $30 million. ”
Seventy-four percent of supply chain companies made changes to their networks within the past two years, according to Gartner. Bringing the startup’s total raised to $123 million, it comes as Altana partners with Maersk to provide the ability to track shipments so they comply with legislation, including the U.S.
ThreatX , a vendor selling API protection services to mainly enterprise clients, today announced that it raised $30 million in a Series B funding round led by Harbert Growth Partners with participation from Vistara Growth,406 Ventures, Grotech Ventures and Access Venture Partners. billion between January and June, according to PitchBook.
According to a Gartner’s report , about 75% of compliance leaders say they still lack the confidence to effectively run and report on program outcomes despite the added scrutiny on data privacy and protection and newly added regulations over the last several years.
BigPanda , a startup developing AI to audit changes in IT environments and recommend how to fix them, has raised $20 million in an extension of its Series E round. UBS Next and Wells Fargo Strategic Capital contributed to the tranche, bringing BigPanda’s total raised to $340 million.
Movable Ink today announced that it secured $55 million in a Series D funding round led by Silver Lake Waterman with participation from Contour Venture Partners, Intel Capital, and others, bringing the marketing software startup’s total raised to $97 million. The investment comes as Movable Ink — which is valued at $1.3
Check Point Research reports that global cyberattacks increased by 38% in 2022 compared to 2021, and nearly nine in ten company boards told Gartner in a recent survey that they view cybersecurity as a “business risk” rather than solely a technical or IT issue. The popularity comes in part from the rise in cyberattacks.
CEO Ryan Anderson said that the proceeds will be put toward pursuing new market opportunities, specifically in the nonprofit, insurance, and public sectors, and “further evolv[ing] the [Filevine platform] to meet changing legal demands.” “Traditionally, legal work is perceived as jobs to be done. Image Credits: Filevine.
Months after bagging $116 million in an extension of its Series F round, database vendor SingleStore this week announced that it raised an additional $30 million from investors including Prosperity7, the venture arm of Saudi Aramco. Gartner predicts that 75% of all databases will be migrated to a cloud service by 2022.
Two years ago, startups developing software that helps draft, manage and review contracts raised over $70 million in venture equity. Gartner predicts that legal tech spending — which includes CLM — will increase threefold by 2025. ” SpotDraft’s platform is holistic, to be sure.
These next years will be critical for leaders as they strive to become more digitally resilient, to raise their enterprise intelligence, and take advantage of opportunities,” said Dan Vesset , group VP, Analytics and Information Management market intelligence and advisory practice at IDC. and/or its affiliates in the U.S.
SGNL.ai , a company developing enterprise authorization software, today announced that it raised $12 million in seed funding led by Costanoa Ventures with participation from Fika Ventures, Moonshots Capital and Resolute Ventures. He’s not wrong. Image Credits: SGNL.
Networking and cybersecurity firm Versa today announced that it raised $120 million in a mix of equity and debt led by BlackRock, with participation from Silicon Valley Bank. And Gartner estimates spending on information security and risk management will total $172 billion in 2022, up from $155 billion in 2021 and $137 billion the year prior.
SingleStore , a provider of databases for cloud and on-premises apps and analytical systems, today announced that it raised an additional $40 million, extending its Series F — which previously topped out at $82 million — to $116 million. Frenkiel was an engineer at Meta focused on partnership development specifically on the Facebook platform.
Clipboard Health , an app-based marketplace that matches nurses with open shifts at nearby healthcare facilities, today announced that it raised $80 million over two unannounced rounds, a $50 million Series B round in 2021 and a $30 million Series C round this year, at a $1.3 billion valuation post-money. “American society is aging.
Claravine , a self-described marketing data platform, today announced that it raised $16 million in a Series B round led by Five Elms Capital with participation from Grayhawk Capital, Next Frontier Capital, Peninsula Ventures, Kickstart Fund, and Silverton Partners. ” Claravine’s data management platform.
Frustrated with the process, they sought to create a platform that enables developers to focus on writing code rather than on constantly configuring server permissions. Otterize today raised $11.5 ” Otterize raises $11.5M ” Otterize raises $11.5M
MentorcliQ today closed an “over-$80 million” growth investment from PSG with participation from Rev1 Ventures and Plymouth Growth, bringing its total raised to more than $100 million. MentorcliQ raises over $80 million to grow its employee mentoring software and services by Kyle Wiggers originally published on TechCrunch
Automation Anywhere, one of the best-funded RPA providers with over $1 billion capital raised to date, went the debt route this week, securing a $200 million loan from Silicon Valley Bank, SVB Capital and Hercules Capital. Gartner predicts that while the RPA market will reach $2.9 compared to the year prior.
. “Something that resonates with every leader is that our platform removes barriers from coming into the office and creates a workplace centered on choice. But over the past 8 years, the platform has expanded to handle various aspects of desk booking, room reservation and guest management. Image Credits: Robin.
PassiveLogic, a startup developing a platform to autonomously control building systems, today announced that it raised $15 million from Brookfield Growth, the investment arm of asset management firm Brookfield. “PassiveLogic is creating [a] platform for generalized autonomy. ” Image Credits: PassiveLogic.
These next years will be critical for leaders as they strive to become more digitally resilient, to raise their enterprise intelligence, and take advantage of opportunities,” said Dan Vesset , group VP, Analytics and Information Management market intelligence and advisory practice at IDC. and/or its affiliates in the U.S.
To indicate that market opportunity, he cited Gartner report showing the remote-worker demographic could grow to 31% of all workers by the end of this year. The idea originated from his time at Airbnb, where user demand for long-term rentals never really fit with the company’s platform model.
It’s now raised a $2 million pre-seed investment round led by Flash Ventures. The startup will now soft-launch the first version of its platform, which will look at the supplier data of more than 10,000 suppliers for pilot customers. UN’s IPCC report on climate change sounds ‘code red’ for planet.
Automation Anywhere , which is best known for its robotic process automation (RPA) software, plans to expand the platform. Consider that FortressIQ raised $46 million since its founding in 2017, according to PitchBook data. This morning, the company announced that it intends to acquire process discovery startup FortressIQ.
By 2025, Gartner estimates that more than 95% of new digital workloads will be deployed on cloud-native platforms, up from 30% in 2021. The motivation is convenience partly — cloud platforms can be accessed from anywhere, ideal for the remote or hybrid workforce. But it’s not all sunshine and rainbows.
Affinity, based in San Francisco, is focused on industries like investment banking, private equity, venture capital, consulting and real estate, where Zhou told TechCrunch there aren’t customer relationship management systems or networking platforms that cater to the specific needs of the long-term relationship. to $69 billion in 2020.
With the new financing, Cambridge, Massachusetts-based Insurify has now raised a total of $128 million since its 2013 inception. The company declined to disclose the valuation at which the money was raised. Insurify raises $23M Series A to add new coverage varietals, boost its marketing efforts. Image Credits: Insurify.
That’s the message from Quiq, an AI-powered conversational platform, which today revealed that it closed a $25 million series C financing round led by Baird Capital. “Since the pandemic, overall conversation volume on the Quiq platform has increased 6x and conversations per client have increased 300%. billion valuation.
The Series A, which was oversubscribed — the firm initially targeted around $40 million — and wrapped up in less than three months, brings Rebellions’ total funding raised to about $80 million (100 billion KRW) at an estimated valuation of $283 million (325 billion KRW), CEO of Rebellions Park said in an interview with TechCrunch. .
In 2017, Sharp and the two Bitinckas left Splunk to create a platform, Cribl , that creates what Sharp describes as an observability pipeline: a system that can ingest logs and metrics, parse and enrich them, and route them to the appropriate destination. ” Cribl’s total raised stands at $400 million with the latest tranche. .
There’s also Unique and Jiminny, two different platforms that both use AI to analyze customer conversations. The company bills itself as a “live conversation” platform that helps sales reps connect with prospects while automating some of the more tedious parts of the sales development process.
Nacelle raises $4.8M for its headless e-commerce platform. Data already shows that COVID-era trends accelerated e-commerce by roughly five years , and Gartner predicts that 50% of new commerce capabilities will be incorporated as API-centric SaaS services by 2023.
Samooha , a startup developing a “cross-cloud” data collaboration platform, today announced that it raised $12.5 In brief, the platform lets businesses securely share, collaborate on and gain insights from their and their partners’ data, regardless of the underlying cloud and data stack.
Cloud security is one of the big drivers among enterprises making IT investments this year, according to a recent report from Gartner , which estimated that some $4.4 trillion in IT spend overall in 2022. The issue that DoControl is tackling is one that has grown with the way that enterprises work today.
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