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.
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By PeopleAtomAlgolia 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.