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Jeeves, which is building an all in one expense management platform, for global start-ups, is emerging from stealth today, with $131 million in total funding, including $31 million in equity, and $100 million in debt financing. The $31 million in equity, consists of a new $26 million Series A, and a previously unannounced $5 million seed round. Andreessen Horowitz led the Series A funding. Jeeves claims, that by using its platform, any company can spin up their finance function in minutes, and get access to 30 days of credit on a true corporate card, noncard payment rails, as well as cross-border payments. Customers can also pay back in multiple currencies, reducing foreign transaction fees.

DevOps platform GitLab, acquires Un-Review, a machine learning-based tool, that helps software teams recommend the best reviewers, for when developers want to check in their latest code. GitLab, which is looking to bring more of these machine learning capabilities to its platform, will integrate Un-Review’s capabilities, into its own code review workflow. The two companies did not disclose the price of the acquisition.

 Cybersecurity giant, FireEye has agreed to sell its products business, to a consortium led by private equity firm, Symphony Technology Group - STG, for $1.2 billion. The all-cash deal will split FireEye, the maker of network, and email cybersecurity products, from its digital forensics and incident response arm, Mandiant. The move to split the two companies comes almost a decade after FireEye acquired Mandiant. FireEye becomes the latest cybersecurity giant in STG’s portfolio.

 Microsoft has acquired firmware security start-up, Re-Firm Labs, to boost its security capabilities for protecting internet of things, and intelligent edge devices.  Microsoft declined to disclose the terms of the acquisition. Re-Firm software will allow Microsoft to assess all the code running on the device, and provide a security rating before you connect the device.

 Germany-based software company, Celonis, raises $1 billion, from investors to give the company a post-fundraising valuation, of more than $11 billion, extending a record-stretching series of mega funding rounds, by German technology startups. Munich-based Celonis, founded a decade ago, has consistently doubled revenue from year to year, and recently launched its Execution Management System product, that crunches data to tackle problems, and automate decision-making.

 Iterative dot AI, an MLOps company, developing data science and AI engineering workflows,  raises $20 million. The funding will support the launch of its first commercial product, Data Version Control Studio, a dashboard aimed at simplifying machine learning model development, based on data and metrics.

SignalWire, a software-defined telecom, that uses distributed infrastructure that runs in the cloud, raises $30 million. The company says the funds will be put toward expanding its workforce, and supporting product R and D. The firm offers an elastic cloud network, that lets companies integrate messaging and video capabilities, into their apps or infrastructure.

 Logistics start-up, Locus, raises $50 million in Series C funding, led by GIC, and Singapore’s sovereign wealth fund.  Locus uses ML, and proprietary algorithms, to offer smart supply chain solutions to customers. The start-up will use the funding to improve its geographical reach, and build its research and development team to expand the product line. Locus had also raised $30 million across multiple rounds, earlier.

 San Franciso-based robotic process automation platform ElectroNeek, raises $20 million in Series A funding, led by investment advisory firm, Baring Vostok, with participation from AICPA. This round will help push ElectroNeek's valuation, over $100 million. The start-up will use the funds to expand its engineering, product, and support teams in India, North America, Latin America, Europe, and the Middle East.

 Cloud-based browser testing platform LambdaTest, raises Series B funding of $16 million, led by Sequoia Capital India, with participation from Telstra Ventures. The start-up will use the latest funding towards scaling the testing ecosystem, and building next-generation cloud infrastructure for users. It also plans to broaden its reach with the tester community, by engaging with developers with a new suite of products set to launch.

 Confluent became the latest company to announce its intent to take the IPO route, officially filing its S-1 paperwork, with the U.S. Securities and Exchange Commission this week. The company, which has raised over $455 million since it launched in 2014, was most recently valued at just over $4.5 billion, when it raised $250 million last April.

X to 10x, an India-based consulting firm and SaaS provider, established by Flipkart co-founder Binny Bansal, has acquired human resources SaaS platform Dockabl. The firm provides technology tools and consulting solutions, to help start-ups scale their business. It counts more than 150 start-ups as clients, including social commerce firm Meesho, fintech unicorn Cred, and online fresh meat seller Licious.

Global aviation software provider Ramco Systems, announces that it will implement its Aviation M and E MRO Software V5.8, to digitally transform the maintenance and engineering operations, of US-based Bristow Group Inc. Bristow Group is one of the world's largest helicopter operators, providing offshore transportation, search and rescue, and aircraft support services to government, and civil organizations worldwide. The implementation of Ramco Aviation Software, will enable Bristow to achieve smart inventory, maintenance management, and streamline organization-wide warranty tracking processes.

Cognigy raises $44M, to scale its enterprise-focused conversational AI platform. The firm provides a low-code conversational AI platform, that notably can be used flexibly across a range of applications and geographies, and it supports 120 languages. Insight Partners lead the Series B investment.

 Goldman Sachs leads $202M investment, in project44, doubling its valuation to $1.2B in a matter of months. The seven year old Chicago based company has built an API-based platform, that it says acts as the connective tissue between transportation providers, third-party logistics companies, shippers, and their supply chain systems. Project44 plans to use its new capital, in part to continue its global expansion. Project44 recently announced its expansion into China, and has plans to grow in the Asia-Pacific, Australia - New Zealand, and Latin American markets.

 Cloudera to go private, as KKR, and CD and R grab it for $5.3B. The Cloudera deal includes a brief go shop provision, that allows it to continue to look for a better deal. 

 Ditto raises $1.5 million, in seed round, to help teams collaborate on copy. The round was led by Greycroft, Y Combinator, and Soma Capital. The software aims to give copy teams, the home they deserve, to keep everything organized and synced, across projects and applications.

 Cloud based logistics company, E2open Parent Holdings, acquires software company BluJay, from private equity company Francisco Partners, for an implied enterprise value of & 1.7 billion. BluJay, a software-as-a-service platform in the logistics space, will roll over approximately 60% of its shareholding in the company to the merged entity. It will own an approximate 22% stake in the combined company.

Alithya Group won an information resources project management contract, with a Québec government ministry, worth $ 12.4 million, Canadian. This is one of the largest government contracts Alithya has been awarded in Québec in recent years. As part of this five-year contract, Alithya's professionals will offer leading-edge expertise and support to the client, and provide their teams with the response capability to fully carry out their major responsibilities in managing information resources projects.

Conversation intelligence platform, Convin, raises Rs 2.5Cr from Titan Capital, and  9 Unicorns. Convin enables sales professionals to learn from their own conversations. Bengaluru-based start-up Convin will use the funds to develop its products and build the core team to achieve product-market fit.

 Plum, the Bengaluru based employee health insurance start-up, that provides health benefits to SMEs, corporates, and startups raises $15.6 million in Series A funding, led by Tiger Global. The start-up said it will use the funds to further scale its engineering, business development, and operations teams. Plum is building newer insurance products for SMEs, who have teams as small as seven employees, and cannot afford to pay annual premiums. 

Disruptium, a consultancy platform for startups, raises pre-seed funding of $200,000 from Pravesh Mehta, and Chokhani Ventures. Owned and operated by Disruptworkz Infolabs Private Limited, the recently launched company would deploy the funds towards developing tech, hiring key resources, and building alliances and partnerships. 

Ikon Science, a 20-year global provider of geo-prediction, and knowledge management software and services, announces the launch of Curate, a scalable, cloud-enabled knowledge management solution, designed to provide cost efficiencies along with faster, and more accurate decision making. Curate, enables energy companies to collaborate within a single workspace to access all subsurface data with streamlined workflows, allowing for data democratization, and business learnings that drive action. 

Grid Dynamics Holdings, a leader in enterprise-level digital transformation, acquires Tacit Knowledge, a Pitney Bowes owned company, and leading provider of end-to-end digital commerce solutions for global brands. Founded in 2002, Tacit Knowledge, is a global provider of digital commerce solutions, serving customers across the UK, North America, Continental Europe, and Asia.

360insights, the leading Channel Incentives Management provider, and creator of the Channel Success Platform, which includes the new industry-specific, incentive automation clouds, acquires channel-central dot net, a leading software provider for organizations in the IT Channel. The purchase broadens 360insights' Channel Success Platform's capabilities.

Ramco Systems surges 5%, as Iraqi Airways decides to adopt its aviation software. The cloud-based software will automate the operations of the Iraqi national carrier, manage complete records of its aircraft, and enable the airway’s staff to manage their operations, and receive alerts on the go through its mobility module.

 Mavenir to Deliver Cloud-based 5G Solutions, on AWS. Mavenir’s collaboration with AWS, allows Communications Service Providers, to deploy Mavenir’s market leading 4G and 5G products, and applications with AWS’s computing infrastructure. The solution is designed to scale, and leverages the same tools and technologies offered by AWS to enterprise applications.

Dell to sell its cloud business, Boomi, to Francisco Partners, and TPG, for $4 billion. The company has stated the deal was expected to close by the end of this year, but has not disclosed additional terms of the transaction. 

Alibaba is making its cloud OS compatible with multiple chip architectures. Alibaba Cloud, is one of the fastest-growing businesses for the Chinese e-commerce giant, and the world’s fourth-largest public cloud service in the second half of 2020.

 Twitter Blue, a $3 monthly subscription service, could be coming soon. Along with existing twitter features, Twitter Blue subscribers can also organize tweets into Collections. This feature looks like an updated version of Bookmarks, but with the added ability to organize tweets into folders. Currently, Twitter ads make up 85% of the company’s revenue. 

Imperva launches tool, to automate enterprise data privacy compliance.  The tool is based on its Sonar Platform technology, that’s aimed at helping enterprises better navigate privacy compliance, called Imperva Data Privacy. The release streamlines the process of identifying where personal data is stored in an environment, and who is accessing it, minimizing the manual processes required to maintain continuous compliance.

RevenueCat, a start-up offering a series of tools for developers of subscription-based apps, raises $40 million in Series B funding, valuing its business at $300 million, post-money. The funding round was led by Y Combinator’s Continuity Fund. With the additional funding, the company will lower its pricing, to put its tools in reach of more developers

 Utah DOT, now pilots Blyncsy’s AI-powered road maintenance technology. The movement and data intelligence company, is launching an AI-powered technology, called Payver, that will use crowd-sourced video data, to give transport agencies up-to-date information, on which roads require maintenance and improvements. Blyncsy is offering this service to governments at a reduced cost, and with no long-term commitment.

Breinify announces $11M seed, to bring data science to the marketing team. The firm is working to apply data science to personalization, and do it in a way that makes it accessible to non-technical marketing employees, to build more meaningful customer experiences. The investment was led by Gutbrain Ventures, and PBJ Capital.

 Australian start-up Pyn, raises $8M seed, to bring targeted communication in-house. Andreessen Horowitz led the investment. The start-up, which launched in 2019, currently has 10 employees, with teams working in Australia, and the Bay Area in California. Jon Williams, the co-founder of Pyn says that, already half the team is female, and the plan is to continue to put diversity front and center, as they build the company.
 

Boston-based Filtered dot AI, raises $7 million in a funding round, to accelerate its hiring cadence, and built out the go-to-market model for its engineering, and developer-focused hiring service. Filtered dot AI claims, that its system can get companies to the point of making offers more quickly.

Spot-On, raises $125M in Series D. The round triples the company’s valuation to $1.875 billion, compared to its $625 million valuation, at the time of its Series C raise, last September. It also marks San Francisco-based Spot-On’s third funding event since March 2020, and brings the startup’s total funding to $328 million, since its 2017 inception.

Lightrun, a start-up that helps developers debug their live production code, raises $23 million in Series A round, led by Insight Partners. The company doubled its employee count, over the course of the last year. It will continue to use the new funding, to expand its developer community, and hire across functions. The company also plans to expand its U.S. presence.

 Uptycs, a Boston-area start-up that uses data to help understand, and prevent security attacks, raises $50 million in Series C today. Norwest Venture Partners led the round.

 Rewatch raises $20M to index, transcribe, and store enterprise video content. This latest round is a Series A, and is being led by Andreessen Horowitz. Rewatch has built a system that plugs into Zoom, and Google Meet, two of the most-used video tools in the workplace, and automatically imports all of your office’s, or team’s video chats into a system.

 Open AI is launching a $100 million start-up fund, which it calls, the Open AI Start-up Fund, through which it, and its partners will invest in early-stage AI companies, tackling major problems. They will be looking for companies that are taking on serious issues, like healthcare, climate change, and education, where AI-powered applications or approaches, could benefit all of humanity.

Italy’s Commerce Layer, raises $16M, led by Coatue, for its headless commerce platform. The firm provides a set of APIs for businesses to build e-commerce apps, with their own customized front ends. The funding money will be used to continue expanding its business, and adding more commerce tools into its API library.

Parametrix Insurance raises $17.5 million, to offer cloud downtime insurance. First Mark Capital, and F2 Venture Capital led this round.  The firm offers insurance policies for companies, that rely on third-party cloud providers, e-commerce services, payment gateways, and CRM systems.

Salt Security lands $70M, for tech to protect APIs, from malicious abuse. The funding is being led by Advent International. The firm is building a network of services, to help companies using, and producing APIs to identify and eradicate risks.

Indonesian crypto exchange, Pintu, gets $6M Series A, led by Pantera, Intudo, and Coinbase Ventures.  According to Pintu’s internal estimates, last year Indonesia processed $10 billion USD, in crypto-assets transactions, mostly through retail investors. Pintu’s new funding will be used on marketing, hiring, and product development.

Software-as-a-service bot protection start-up Data-Dome, announced a raise of $35 million, in new funding, to allow it to scale up its global sales, marketing, delivery, and research and development teams. The Series B round was led by Elephant, and included ISAI.

Bengaluru-based electric mobility start-up, Lithium Urban Technologies, buys out employment transportation software platform, Smart Commute, for an unknown sum. With the acquisition, Lithium would be able to provide a full range of transportation solutions, across all vehicle categories including, the conventional internal combustion engine vehicles.

FarEye, an Indian SaaS start-up that helps firms globally optimize their supply chain, and logistics operations, raises $100 million in its Series E round. The funding was co-led by high-profile backers TCV, and Dragoneer Investment Group. FarEye helps companies orchestrate, track, and optimize their logistics operations. With it’s funds, the firm is looking to further expand the team, and is also open to exploring acquisition of smaller firms, in international markets.

 B Capital Group, the six-year-old venture capital fund formed by Facebook co-founder, Eduardo Saverin, and Bain Capital veteran, Raj Ganguly, is doubling down on China as it looks to allocate $500 million to $1 billion of its fund, into Chinese tech companies over the next few years. With $1.9 billion assets under management, B Capital is going after enterprise software providers in China, an area that has seen explosive growth, but is still only a fraction the size of the U.S. SaaS market.

 Resolve , a San Francisco-based start-up, in the space specializing in buy now, pay later capabilities for B2B transactions, raises $60 million in funding. Initialized Capital, led the funding round. This is the company’s first funding since its 2019 inception. The funding is a combination of equity, and asset funding. The San Francisco start-up is using the money primarily to grow its embedded billing platform.

 Interactio, a remote interpretation platform whose customers include massive institutions like the United Nations, European Commission, and the Parliament, along with corporates like BMW, JP Morgan, and Microsoft, raises $30 million Series A. The Series A funding was led by Eight Roads Ventures, and Silicon Valley based - Storm Ventures. The funds will be used for enhancing its tech, and UX - UI, with a focus on ensuring ease of access and simplicity, and on upgrading the tools it provides to interpreters. 

 EYs3D Microelectronics, a fabless design house, that focuses on end-to-end software, and hardware systems for computer vision technology, raises  $7 million  in Series A. The new funding will be used to expand eYs3D’s product development, and launch a series of 3D computer vision modules. It also will work with new business partners to expand its platform and hire more talent.

 AcuityMD raises $7M, to better track the evolving world of medical hardware. AcuityMD, is a data platform that tracks the entire medical device lifecycle  from the sale of an item, to a patient’s outcome after a surgery. 

 Microsoft, today announced Py-Torch Enterprise, a new Azure service that provides developers with additional support, when using Py-Torch on Azure. Py-Torch is a Python-centric open-source machine learning framework, with a focus on computer vision and natural language processing. 

French start-up Matera,  raises a new $43 million Series B funding round, led by Mubadala Capital, to turn residential building management, into SaaS. The company is building a vertical SaaS, for residential property management. With the funding round, Matera plans to expand to Germany. 

Solidus Labs, surveillance and risk-monitoring software that can detect manipulation across cryptocurrency trading platforms, raises $20 million in Series A. The firm in total has raised $23.75 million and stated that its funding will be used to double its headcount to address growing demand. This funding was led by Equity Partners.Fireflies.ai raises $14M for its meeting transcription and automation service. This round was led by Khosla ventures. In individual usage terms, around 35,000 organizations are represented amongst its user base. The firm’s model is a hybrid of SaaS and usage-based pricing. Aurora Solar raises $250M in series C and aims to power the growing solar industry. The funding round was led by Coatue. With the firm Historically being a design solution; the next phase, according to CEO Chis Hopper is to broaden that into a platform that covers more of the process of going solar. Zeta, a startup that helps banks and fintech firms launch products, raises $250 million in Series C and is the newest to attain the coveted unicorn status after closing a financing round. The round led by SoftBank Vision Fund 2. The new round valued the startup, which has offices in Bangalore and Dubai, at $1.45 billion. Zeta is the 14th Indian startup to become a unicorn this year as Tiger Global, Falcon Edge, and SoftBank accelerate their pace of funding in India, the world’s second-largest internet market. Mobile app market intelligence firm Sensor Tower has made its first acquisition. The company is acquiring Pathmatics, a market intelligence company that will now combine its paid digital and social media platform with Sensor Tower’s business. Deal terms were not detailed but include an undisclosed growth investment from Riverwood Capital into Pathmatics. The acquisition will allow the companies to offer an expanded set of digital and mobile advertising insights to their respective customers, including new social insights for TikTok, YouTube mobile, and Snap this year, powered by Sensor Tower. Salon-focused SaaS platform Glamplus on Monday raises Rs 2 crore in a pre-Series A round led by Inflection Point Ventures. Glamplus will use the fresh funds to enhance its product and tech capabilities and expand its business. It will also use it to scale to 3,000 partners in the next six months, along with a vertical expansion of its business line. Edtech startup Tekie raises $1.5M in a seed round led by GSV, Multiply Ventures. Tekie is a live coding platform that brings the art of storytelling to make learning a movie-like experience. The edtech startup has created the world’s first animated series on coding to teach text-based coding to kids. The firm plans to utilize the funds to scale its operation to support increasing demand and build a strong team to unlock the next level of growth.