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Dragos raises $110M Series C as demand to secure industrial systems soars

TechCrunch

Cybersecurity firm Dragos has raised $110 million in its Series C, almost triple the amount that it raised two years ago in its last round. The company’s threat detection platform — its moneymaker — helps companies with industrial control systems defend against hackers trying to get into important operational systems.

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Singapore-based digital business assistant Osome raises $3 million

TechCrunch

Osome , a Singapore-headquartered business assistant app that digitizes accounting and compliance tasks, has raised $3 million. The startup currently has about 4,500 SME clients across Singapore, Hong Kong and the United Kingdom, founder and chief executive officer Victor Lysenko told TechCrunch.

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From $0 in revenue to a $7.25B valuation: Why TripActions’ $275M raise has fintech to thank

TechCrunch

That pivot has proven to be a smart move for the company, which today announced it has raised $275 million in a Series F “growth” funding round at a $7.25 With the latest round, the company has raised a total of $1.3 TripActions raises $155M at $5B valuation as corporate travel recovers from pandemic lows. billion valuation.

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Valoreo raises $30M more to acquire e-commerce brands across LatAm

TechCrunch

It has also since completed “multiple” acquisitions of local brands operating across a variety of industries, such as beauty, fitness and home goods. California-based Presight Capita l and Kingsway Capital out of the United Kingdom co-led the round, which also included participation from existing backers such as Kaszek, Upper90 and FJ Labs.

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Routefusion raises $10.5M round to simplify cross-border payments

TechCrunch

But as two outsiders kind of coming into the industry, there were so many hurdles around how to partner with a bank and how to get compliance [approval],” Seal said. Routefusion just raised another $10.5 million in a “seed prime” round, bringing the company’s total institutional funding raised to date to $14.1

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VU raises $12M to remove cybersecurity friction from digital experiences

TechCrunch

Stranieri, who has worked in the cybersecurity industry for the past 20 years, got the idea for VU in 2007 after spending hours helping his grandmother verify her identity with the Argentinian government in what turned out to be a two-minute process. billion valuation. Globant’s investment into VU also serves as a partnership.

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Purple Dot, a waitlist and preorder platform for the fashion industry, raises $4M

TechCrunch

Because of the unpredictable nature of the fashion industry, fashion brands often have to “guestimate” demand for their products, and if they get that demand wrong, they have to deal with the wasted inventory. Purple Dot has now raised a $4 million early-stage funding round led by U.S.-based based Unusual Ventures.