Augment

YOOBIC has raised $50M in Series C funding from Highland Capital to continue its growth, increase its headcount to 350 by 2020 by hiring across technology, sales and engineering, and enhance its R7D efforts to cement its position as a leader in the market.

Interos, a supply chain risk management SaaS provider, has turned unicorn raising $100M in Series C funding from NightDragon. It works towards mitigating supply chain disruptions, both cyber and physical.

AuthenticID has raised $100M in minority growth investment from Long Ridge Equity Partners to support the development of solutions for extended identity verification and fraud detection use cases.

Israel’s Tailor Brands, which provides a platform for automating brand design and marketing processes for small businesses, has raised $50 million in Series C funding led by GoDaddy, reports state.  

Galvanize, a software platform for SaaS governance, risk, and compliance (GRC), has announced a strategic partnership with Waymark Tech, a regulatory and legal intelligence supplier to financial services.  

TPG Capital will get $2.25 billion from Uber Freight for Transplace. Uber Freight’s company will grow due to this purchase as it seeks to carve out market share in existing regions and expand into Mexico. According to the company, Uber Freight’s brokerage would be kept independent from Transplace’s services.

Gravitee dot i o an open-source API management platform, has raised $11M in a Series A round, led by Oxx and AlbionVC, to expand its development, sales, and marketing teams. Tide, Auchan, and other firms use Gravitee dot i o’s main API administration tool.

CloudServer, a SaaS-based, cloud-hosted RPA service, has been introduced by OpenBots, an open-source RPA platform. The new CloudServer is cloud-based, making it a dependable, scalable, and secure option. Its usage-based approach saves clients money by charging per-minute use rather than per-bot or per number of machines or users.

Mailmodo, a no-code email marketing company, has raised $2 million in early funding to help with product development and market expansion. Mailmodo was one of the companies in the fifth batch of Sequoia Capital India’s Surge program. According to Mailmodo, using AMP emails shortens the user experience.

Yapily, an open-banking infrastructure provider, raised $51 million in a Series B investment to assist the company in expanding its commercial footprint across Europe. By focusing on approved APIs, Yapily can deliver a quicker and more reliable experience.

Vitally has announced the raise of $9M in Series A funding from Andreessen Horowitz to continue its mission of helping organizations implement personalized customer success and scale their customer success efforts.

Dozee raised around $6M in a Series A round to conduct research and development to develop new products and improve the platform’s capabilities. Dozee’s Remote Patient Monitoring system is gaining traction, with over 216 hospitals in India partnering with the company in the last six months.

i80 Group, an investment firm, has committed more than $1 billion in loans to more than 15 firms. I80 focuses on the financial and proptech industries. It conducts quarterly calls with venture capitalists, which is how it obtains the majority of its transaction flow for the time being.

Outplay has announced a $7.3 million Series A round to invest in technology and employ specialists from all around the world. The platform also provides assistance to guarantee that software adoption across client teams is completed in a matter of days.

Sonatus has raised $35 million in Series A funding led by Translink Capital to fuel growth and drive its mission of empowering automakers with cloud-based software solutions to transform vehicles into “data centers” on wheels.

Salesforce has completed the acquisition of Slack, eight months after it entered the definitive agreement to acquire the latter for $27.7B in a cash and stock deal. The acquisition would combine Slack with its Customer 360 tool, creating an operating system that allows companies to succeed in an all-digital world.

Microsoft has acquired cloud infrastructure management and security provider CloudKnox Security to provide unified privileged access to its customers. The CloudKnox software would work with Azure public cloud and align with Microsoft’s cloud security goals.

Spendesk, a provider of all-in-one Spend management SaaS platform, has raised €100M ($118M) in Series C to increase hiring, accelerate product innovation and introduce spend management automation and insights to every finance team in Europe.

Soldo raised $180M in an oversubscribed Series C round led by Temasek. Soldo is a platform that allows employers to give their workers prepaid business cards that are linked to an automatic expense management system.

Vector Solutions has purchased the higher education sector of EVERFI for $100 million. Vector currently has 2,200 higher education clients, representing over half of all degree-granting schools and universities in the United States. Some of the world’s most well-known companies are among EVERFI’s clients.

Zenput, a company focused on operational execution, has raised $27M in a Series C round led by Golub Capital. Zenput has been utilized by Chipotle, Domino’s, P.F. Chang’s, Five Guys, Smart & Final, and 7-Eleven, among others. 

Zafin and Codat team up to help financial institutions with detailed cash flow data to assist them in offering more suitable products and pricing. The partnership would help them provide better personalized services to their clients and SMBs.

Pillar VC has announced the close of $192M for two of its funds – $169M for Pillar III, its third fund and $23M for Pillar Select. The venture capital firm would typically make pre-seed investments ranging between $50–500K and seed round investments worth $2M to $6M.

AppOmni, a provider of SaaS security management, has announced that it would provide its services to the ServiceNow platform to help its customers get better visibility into Sas security posture, help its IT and security teams to remediate risks and configure security better.

Wipro has announced the launch of its FullStride Cloud Services and commitment to invest $1B in cloud technologies, partnerships and acquisitions to create a comprehensive cloud transformation capability for its mutual clients, partners and customers.

Limeade, an employee engagement software provider, has announced the acquisition of Seattle-based TINYpulse, a SaaS employee listening provider, to create healthy employee experiences. Under the terms of the deal, likely to close by the end of July 2021, Limeade would merge with TINYpulse in an all-cash deal of $8.8 million for 100 percent of the issued capital of TINYpulse. In a press release, Henry Albrecht, founder and CEO of Limeade, stated that the Covid 19 pandemic had reinforced the company’s vision of creating healthy employee experiences, generating better business results for customers.

Go1, a platform helping companies upscale their workforce via on-demand training, has turned unicorn, raising $200 million in Series D at a valuation of $1B in a round co-led by SoftBank Vision Fund 2, AirTree Ventures and Salesforce Ventures. Go1’s Series C funding round came last year where it netted $40 million from Madrona Venture Group. The total funding raised by Go1 crosses $283 million as per Crunchbase. Other and existing investors - Blue Cloud Ventures, Larsen Ventures, Scott Shleifer and John Curtius from Tiger Global, TEN13, Microsoft’s venture fund M12, Madrona Venture Group, SEEK, and Y Combinator participated in the funding round.

Kdan Mobile, a Taiwanese startup, has raised $16 million in a Series B funding round led by Dattoz Partners. Yeon Su Kim, CEO of Dattoz Partners, will be joining Kdan's board. Other participants in the round include Taiwania Capital, Golden Asia Fund Mitsubishi UFJ Capital, and WI Harper Group. Kdan Mobile specializes in cloud-based applications for workplace mobility. Kdan Mobile's enterprise products, such as Document AI, its data processing and filtering technology, and SaaS products like e-signature service DottedSign, PDF software Document 365, and Creativity 365 for multimedia content creation, including animations and video editing, will receive part of the funding.

Productiv, an enterprise SaaS management platform, has announced it is collaborating with Miro, an online whiteboard tool. This collaboration will enhance how people communicate inside the organization and maximize the usefulness of communication apps like Miro.The partnership will provide corporate teams more visibility into how they're using Miro for new collaborative practices, such as real-time feature utilization.

Dover, a recruiting platform, has raised $20 million in a Series A funding round led by Tiger Global Management. Other participants include Founders Fund, Abstract Ventures, and Y Combinator. Dover, which has created a "recruitment orchestration platform" geared at recruiters, lets them juggle and combine numerous applicant pools to automatically locate appropriate job prospects and then manage the outreach process, according to CEO and co-founder Max Kolysh.

Treblle, a real-time Application Program Interface (API) monitoring and analytics platform provider, has raised €1.2M ($1.4 million) in seed funding from Pan-European Venture Capital firm, Nauta Capital that predominantly invests in early-stage tech companies.

Zoom enters definitive agreement to acquire Five9 in an all-stock deal, approximately worth $14.7 billion. It would integrate the latter’s contact center-as-a-service solutions, into its communications platform to build better customer engagement in the future and accelerate long-term growth aspirations.

AllCloud acquires Integress for an undisclosed amount to help companies in their cloud transit journey.  With Integress accelerators that can expand, into AWS and Salesforce with data and analytics offerings, organizations would be able to accelerate their cloud journey.

Publicis Groupe has announced its acquisition of CitrusAd, a Sas retail media platform for optimizing brands’ marketing performances, for an
undisclosed amount. The acquisition would help it in three major areas of growth, customer understanding and consolidated measurement.

Kamereo, a purchasing platform and Tech-veggie supply for restaurants in Vietnam, has raised $4.6 million co-led by CPF Group, Quest
Ventures, and Genesia Ventures. The funds will be used to hire additional employees, create a new warehouse management system, update the user interface, and expand into Hanoi next year.

Razorpay, a fintech startup, has acquired TERA Finlabs, a Bengaluru-based sas startup, in an undisclosed deal. TERA Finlabs enables embedded finance solutions for organizations by providing technology, risk, and capital solutions. TERA Finlabs is a subsidiary of GAIN Credit, a digital lender located in the United Kingdom.

Accel Partners and Matrix Partners India led a $12 Million Series A financing round for Captain Fresh. The fresh funds will be used to continue investing more heavily in supply-side technologies, increase distribution globally, and invest in the company’s employees.

Teikametrics, a Sas platform for Amazon and Walmart sellers, has raised $ 40 million in Series B funding from Intel Capital, to drive the expansion of its AI-powered Sas platform, to support its mission of bringing, cutting-edge decision-making capabilities, to every online seller in the world.

Shopmonkey has raised $75 million in a Series C investment led by Bessemer Venture Partners and Index Ventures. The funds will continue to expand and grow, while also delivering top-notch service, to the auto repair industry with additional finances.

Workiva recently became the first SaaS company to gain entry to the UN Global Compact CFO Taskforce, as a part of which its CFO Jill Klindt, joined the task force. Workiva now aims to help companies in aligning their sustainability goals and commitments with credible corporate finance strategies.

NirogGyan, a SaaS company focusing on the healthcare industry, has raised an undisclosed amount in a seed funding round led by industry veterans. Participants in the round include Arindam Haldar, Teji HS, Sumit Bagaria, and others like BITS Pilani’s startup incubator PIEDS (Pilani Innovation & Entrepreneurship Development Society).

Google Assistant Investments Program and 100x Entrepreneurs have invested an unknown sum in Slang Labs. Slang Labs, which was formed in 2017, claims to be one of the first Google-funded companies in the global In-App Voice Assistant market.

NRG Systems, a developer and manufacturer of decision support tools, has announced the launch of NRG Cloud. To make data retrieval and storage operations easier, NRG Cloud offers a suite of data management services. NRG Systems has made the NRG Cloud Standard Connect Package accessible for free.

ServiceMax, a field service management SaaS provider, has recently announced its entry into a business combination agreement with Pathfinder Acquisition Corporation, a publicly-traded Special Purpose Acquisition Company (SPAC). The close of this transaction would list ServiceMax on Nasdaq as a public company.

ServiceMax, a field service management software provider, has signed a definitive agreement to acquire LiquidFrameworks from a private equity investor Luminate Capital Partners. The financial terms of the transaction remain undisclosed. Luminate Capital Partners had acquired LiquidFrameworks in 2019. In a press release, ServiceMax announced that the deal would expand its field service management solutions, to address unique challenges in the energy sector. Additionally, the acquisition would better position ServiceMax to meet digital service execution demand in the industry and facilitate its expansion of portfolio and go-to-market strategies.

Netradyne, a startup using AI to build fleet safety solutions, has announced its Series C fundraise of $150 million from SoftBank Vision Fund 2.  with participation from existing investors Point72 Ventures and M12.

Amazon Web Services has announced the general availability of Amazon Health Lake, which is a cloud service that allows healthcare companies to centralize their medical data from various systems, and utilize it to improve patient care. According to AWS, utilizing HealthLake to consolidate different records into a single data repository makes information more accessible. This information includes medical information, such as clinician notes, lab reports, and insurance claims, stored in several databases.

LearnWorlds, a platform for creating and selling online courses, has announced that it has raised $32 million in a minority investment led by Insight Partners, global venture capital and private equity firm.

Google Cloud India has announced the launch of its new cloud region in Delhi-NCR. This would enable the firm to better their services to clients in various industries, particularly the public sector in India and the Asia-Pacific. The financial details have not been disclosed.

Daloopa, a company providing AI-powered document automation and data extraction, has announced its $20 million Series A funding in a round led by Credit Suisse Asset Management’s NEXT Investors. 

Lightyear, a software provider for network infrastructure procurement and management, has announced its Series A fundraise of $13.1 million from Ridge Ventures to boost hiring and resources in development, enhance go-to-market strategies, the company said in a press release. Lightyear had raised its seed round funding in 2020, netting $3.7 million from Amplo. With the close of Series A, the total funding raised by the company crossed 17 million $, as per Crunchbase.  

Singapore-based Easy Eat, a startup transforming restaurants into tech companies, has announced a raise of $5 million to expand into deeper Southeast Asia. The round involved participation from Aroa Ventures, family office of Ritesh Agarwal, founder and CEO of OYO; Reddy Futures Family Office; Prophetic Ventures; Maninder Gulati, global chief strategy officer of OYO; Cem Garih, managing Partner at Alarko Ventures, Fethi Sabancı Kamışlı, founder and managing partner of Esas Ventures and a few Silicon Valley-based VCs and angels, as per reports. 

SecurEnds, a cloud-based identity governance company, has announced a $21 million in Series A funding led by Elephant, one of the largest Series A investments in Atlanta’s cybersecurity and tech startup ecosystem, the company stated in a press release. 

Lantronix has announced the introduction of True Zero-Touch Automation updates for provisioning remotely deployed IoT devices. Lantronix Inc. is a global provider of secure turnkey solutions for the Internet of Things and Remote Environment Management , including SaaS, connectivity, engineering, and intelligent hardware.

Tinvio, a Singapore-based startup, has announced that it has raised $12 million in a Series A funding round led by AppWorks Ventures. The startup’s strategic investor MUFG Innovation Partners (MUIP), also participated in the round. Other participants include Tinvio’s existing investors, Sequoia Capital India’s Surge, Global Founders Capital, and Partech Ventures. 

Digantara, a spacetech startup, has raised $2.5 million as part of their seed funding round led by Kalaari Capital. Digantara plans to utilize the funds to expedite product development and launch its first satellite (technology demonstration mission) into low-Earth orbit, according to the official announcement.

MedPay, an API platform, has raised $1.2 million in a seed funding round led by Talent Investor Entrepreneur First and GrowX Ventures. The funds will be used to meet rising demand and enhance the company’s current product offerings.

Invite-only social audio app, Clubhouse, has launched its direct messaging feature- Backchannel- for all users, which allows them to slide into a one-on-one chat mode or a group text format.

Microsoft has unveiled Windows 365 that takes the OS to the cloud to offer a personalized PC experience for users and organizations, a new approach to cloud computing amid hybrid working.

Simpplr has raised a $32M Series C from Tola Capital. Simpplr will use the new funds to develop its platform, expand its development team, and scale up to serve worldwide commercial clients.

Crayhill Capital Management invests $300 million in Unybrands as growth capital. Unybrands is an eCommerce platform that helps Amazon fulfill and direct-to-consumer businesses scale.

Deskimo, a Y Combinator’s S21 batch startup providing on-demand access to work desks in professional workspaces, has launched in Singapore and Hong Kong after its inception in February this year, reports state.

Cybereason, an end-point detection and response platform has raised $275 million in a crossover Series F funding round led by Liberty Strategic Capital, with participation from Irving Investors, certain funds advised by Neuberger Berman Investment Advisers LLC and Softbank Vision Fund 2*, it said in a press release.

Bevy, an enterprise-grade virtual conference and community events platform, has acquired Eventtus, an engagement platform managing events for an undisclosed amount to offer a comprehensive end-to-end management solution and a seamless experience for event attendees.

Flymachine, an organizer of digital live events, has raised $21 million in a round co-led by  Greycroft Partners and SignalFire, with participation from Primary Venture Partners, Contour Venture Partners, Red Sea Ventures, and Silicon Valley Bank.

Untitled Ventures has announced its second fund of USD 118.3 million. It will collaborate with InnMind to deliver high-quality deep tech startup deal-flow to the fund’s pipeline.

Railsbank, a provider of APIs for fintech services, has raised $70 million in equity funding led by Anthos Capital. Other participants include Central Capital, Cohen and Company, and Chris Adelsbach’s new fund Outrun Ventures.

Cardless, a platform developer for companies launching credit cards, has raised $40 million in a Series B funding round led by Activant Capital. Other participants include Accomplice, Pear VC, and the owners and management of NBA teams Phoenix Suns and Boston Celtics. The funding increases the company’s total raised since its debut in 2019 to $50 million.

The Moot Group (TMG), an eCommerce technology startup, has raised €5 million (approx. USD 6.9 million) in a seed funding round led by Fuel Ventures. The new funds will be used for the company’s next growth stage. 

Great Question raises $2.5 million in a seed funding round. Great Question is an online platform that provides product managers, designers, researchers, and research operations with UX research services. Great Question was part of Y Combinator’s winter program of 2021.  

BHyve, a future of work platform, has raised $300,000 in a JITO Angel Network, LetsVenture, and other angel investors. BHyve is a platform for disseminating tacit employee knowledge and allowing peer learning networks in the future of work.

Mobile.dev, a startup providing pre-production workflows to help mobile teams automatically detect problems, has raised $3 million in seed round funding from Cowboy Ventures.

Acelerate, a software company helping restaurants operate efficiently, has announced the raise of $14.4 million in Series A funding led by Sequoia Capital. Taking the announcement to its LinkedIn handle, the company expressed delight at the investment after a year of bootstrapping.

Stytch has raised $30 million in Series A funding led by Thrive Capital with participation from Coatue and existing investors, Benchmark and Index, the company wrote in an official blog. 

Multiplier, a Professional Employment Organization (PEO) platform, raises a $4 million investment round. It provides complete solutions that enable businesses to hire individuals globally. 

Proper, a property accounting services provider for the real estate industry, has announced the raise of $9M in Series A from QED Investors, with participation from our partners at MetaProp, Expa, and Bling Capital. 

SimplyDelivery secured €10 million in a Series A funding round led by Cusp Capital (about USD 11.8 million). SimplyDelivery software reintroduces restaurateurs to direct contact with customers, and it identifies repeat clients. In the previous three years, SimplyDelivery’s annual revenues have tripled while remaining profitable.

 Logical Clocks secured €5M (approx. USD 5.9M in a Series A round sponsored by Industrifonden. The money will go toward expanding the company’s commercial activities and footprint, particularly in the United States. Hopsworks, the world’s first enterprise and open-source Feature Store with a full machine learning platform, was established and is operated by Logical Works.

Fortive Corporation, a technology provider for connected workflows, has signed a definitive agreement to acquire ServiceChannel, a leading SaaS-based multi-site facilities maintenance service provider. The deal, approximately worth $1.2 billion, would primarily be funded with available cash, Fortive said in a press release.

In a series of seed and Series A investment rounds, Endgame has raised a total of $17 million. Endgame is up against in-house developers who are splicing together various apps to create a solution that works for them. Endgame is currently in the early phases of development and is pre-revenue, but it already has a group of beta clients.

In a Series D financing led by Warburg Pincus, Quantexa raised $153 million. Quantexa plans to use the cash to enhance its product line and expedite its regional market growth plans. Quantexa works with blue-chip banks, insurers, and government agencies worldwide, including seven of the top ten banks in the United Kingdom and Australia.

Sourcegraph has raised $125M in Series D from a16z and others. The total funding raised by the company crosses $225M with this round and it aims to make its search engine easier to set up and add more features to help developers with the funding.

Eka Ventures, a UK-based venture capital firm, has completed its $95 million (£68 million) fund. Eka’s goal is to invest in consumer technology firms that promote sustainable consumption, consumer health, and the “inclusive economy.” Eka also has the backing of 24 entrepreneurs, 12 of whom were previously supported by Eka Ventures, either through a fund or directly.

Pantheon, a SaaS platform for WebOps developers, marketers and designers, attains the unicorn tag, raising $100 million in Series E funding from SoftBank Vision Fund 2 at a valuation of over $1 billion. This round takes the company’s total funding raised to over $200 million.

Motorola Solutions has announced its entry into a definitive acquisition agreement to acquire Openpath Security solutions, a mobile and cloud-based access control system provider for businesses. The financial details of the deal were undisclosed but Motorola expects the deal to close by the end of July 2021.

San Diego-based AttackIQ, a security optimization platform and a Breach and Attack Simulation (BAS) system vendor, has raised $44 million in a Series C funding round led by Atlantic Bridge, taking its total funding raised to over $79 million.

Impact, a global management platform, has raised $105 million in a $1.5 billion funding round led by Qatar Investment Authority. The additional funds will be used to increase partnership automation, strengthen channel relationships, and expand Impact’s go-to-market operations. Leading companies such as Shopify, Uber, and Walmart use Impact’s marketplace.

Miami-based Marco Financial, a trade finance platform providing access to working capital for LATAM small and medium enterprises, has raised $82 million in a combination of seed and debt financing round, reports state.

Discord, an online voice, video and text service platform, is set to acquire Sentropy, an AI-powered tool preventing digital communities from harassment for an undisclosed amount. It is reported that Discord would integrate Sentropy’s products into its existing toolkit, also bringing the latter’s leadership aboard its platform. 

Arctic Wolf, a cybersecurity operations firm, has raised $150 million in a Series F funding round, valuing the firm at $4.3 billion. The additional funds will be utilized to keep the company on track and improve its mergers and acquisitions strategy. Arctic Wolf’s cloud security operations platform provides small and mid-sized enterprises with round-the-clock security monitoring.

Remote has raised $150M in a Series B funding round led by Accel at a valuation of over $1 billion. Other participants include Sequoia, Index Ventures, Two Sigma, General Catalyst, and Day One Ventures. Employees and contractors can use Remote’s worldwide payroll, benefits, and compliance services. With this round, Remote attains the unicorn status.

Amperity, an intelligent customer data platform (CDP) for consumer brands, has turned a unicorn, raising $100 million in Series D funding at a valuation of over $1 billion in a round led by HighSage Ventures. Other investors – Tiger Global Management, Declaration Partners, Madrona Venture Group and Madera Technology Partners – participated in the round. 

Bookee, a SaaS platform for the fitness industry, has announced the raise of its pre-seed funding (amount undisclosed) from Antler India. Pallav Nadhani, founder of Charts.com and FusionCharts, and Abhishek Rungta, founder and CEO of Indus Net Technologies, participated in the round, reports state.

ZoomInfo is set to acquire conversational intelligence provider Chorus.ai in a $575M all-cash deal. The move is aimed to allow customers to make excellent, data-driven decisions through their sales funnel by combining ZoomInfo’s top-of-the-funnel strength with insights, driven from customer conversations that Chorus captures.

The $57 million Fund III of the Female Founders Fund (FFF) has been completed. The new fund expands on FFF’s current investing approach in women, women of color, and LGBTQ+owned businesses. Climate change and education are two topics that have recently gotten a lot of attention.