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ActiveCampaign, Sift, AfterShip, Riverside.fm and BigID raise funding
ActiveCampaign raises $240M at a $3B valuation as marketing and sales automation come into focus for Small and medium businesses. The round was led by Tiger Global, with participation from another new backer Dragoneer, along with Susquehanna Growth Equity and Silversmith Capital Partners. This funding round represents a huge leap for ActiveCampaign.
Fraud prevention platform Sift raises $50M at over $1B valuation. Insight Partners led the financing, which included participation from Union Square Ventures and Stripes. Sift was founded out of Y Combinator in 2011, and has raised a total of $157 million over its lifetime. Sift uses machine learning and artificial intelligence to automatically surmise whether an attempted transaction or interaction with a business online is authentic or potentially problematic.
E-commerce tracking platform AfterShip raises $66M in SeriesB. This was led by Tiger Global, with participation from Hillhouse Capital’s GL Ventures. The company’s software enables sellers to track shipments made through more than 740 carriers and handles more than 6 billion shipments each year.
Podcast recording platform Riverside.fm raises $9.5M. The round is led by Seven Seven Six. Riverside.fm is a remote video and audio platform that records lossless audio and 4K video tracks remotely to each user’s system, saving the end result from the kind of technical hiccups that come with spotty internet connections. The company says it plans to use the money to increase headcount and build out more features for the service.
BigID boosts Series D to $100M at $1.25B valuation, With $30M extension. The investment comes from private equity firm Advent International, and brings the total raised to more than $200 million across four rounds. The late-stage startup is attracting all of this capital by building a security and privacy platform.
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By PeopleAtomActiveCampaign raises $240M at a $3B valuation as marketing and sales automation come into focus for Small and medium businesses. The round was led by Tiger Global, with participation from another new backer Dragoneer, along with Susquehanna Growth Equity and Silversmith Capital Partners. This funding round represents a huge leap for ActiveCampaign.
Fraud prevention platform Sift raises $50M at over $1B valuation. Insight Partners led the financing, which included participation from Union Square Ventures and Stripes. Sift was founded out of Y Combinator in 2011, and has raised a total of $157 million over its lifetime. Sift uses machine learning and artificial intelligence to automatically surmise whether an attempted transaction or interaction with a business online is authentic or potentially problematic.
E-commerce tracking platform AfterShip raises $66M in SeriesB. This was led by Tiger Global, with participation from Hillhouse Capital’s GL Ventures. The company’s software enables sellers to track shipments made through more than 740 carriers and handles more than 6 billion shipments each year.
Podcast recording platform Riverside.fm raises $9.5M. The round is led by Seven Seven Six. Riverside.fm is a remote video and audio platform that records lossless audio and 4K video tracks remotely to each user’s system, saving the end result from the kind of technical hiccups that come with spotty internet connections. The company says it plans to use the money to increase headcount and build out more features for the service.
BigID boosts Series D to $100M at $1.25B valuation, With $30M extension. The investment comes from private equity firm Advent International, and brings the total raised to more than $200 million across four rounds. The late-stage startup is attracting all of this capital by building a security and privacy platform.