Augment

BrowserStack, Novo, Bringg, Vianai Systems, 20VC,Templafy, Gloat, Trigo, Brella and Introhive raise funds | DuckDuckGo has claimed a $100M revenue increase


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BrowserStack, a software testing platform, has announced its Series B fundraise of $200 million from BOND, at a valuation of $4 billion, making it the highest for any Indian SaaS unicorn. Insight Partners and existing investor Accel participated in the funding. The Series B fundraising makes BrowserStack India’s second SaaS unicorn this year, after Chargebee, which attained the tag in April. In its press release, BrowserStack stated that the funding would be used to support its acquisitions, expand its product offerings, and scale growth. 

Miami-based Novo, a digital banking platform for small businesses, has raised $40.7 million in a Valar Ventures-led Series A funding round. Other investors – Crosslink Capital, Rainfall Ventures, Red Sea Ventures, and BoxGroup – participated in the funding round, the company said in its press release. The company stated that it would use the proceeds from the investment to introduce new capabilities for assisting small businesses save time and money by optimizing their cash flow.

Tel Aviv-based Bringg, a cloud platform that helps retailers and logistics providers in last-mile delivery operations, has announced its Series E fundraise worth $100 million, led by Insight Partners at a valuation of $1 billion. The Series E fundraising grants it the unicorn status, making it the first company in last-mile delivery and fulfillment cloud technology to attain the status, its press release said.

Vianai Systems, an AI startup, has announced that it has raised $140 million in a Series B funding round led by SoftBank Vision Fund 2. The Palo Alto-headquartered startup said that many industry stalwarts participated in this round. The new round takes the total to at least $190 million.   

20 minute VC podcaster Harry Stebbings has raised funding for 20VC. The current raise represents a 15-fold increase over the $8.3 million initial funds, which was launched less than a year ago. Mr. Stebbings’ early-stage fund, 20VC Early, will invest $250,000 to $750,000, while his growth-stage fund, 20VC Explorer, will invest $1 million to $5 million.  

DuckDuckGo, an online privacy startup, has claimed a $100M revenue increase. This growth is attributed to secondary investment from existing and new investors. In the last year, its apps have been downloaded over 50 million times. The company intends to extend its operations throughout Europe and other parts of the world.

Copenhagen-based Templafy, a B2B business document creation SaaS platform, has raised $60 million in its Series D funding round led by Blue Cloud Ventures. Existing investors – Insight Partners, Seed Capital, Dawn Capital, and Damgaard Company – had participated in the round, reports state.

Gloat, a talent marketplace platform helping enterprises worldwide harness talent, has announced its Series C fundraise worth $57 million, led by Accel. Existing investors – Eight Roads Ventures, Intel Capital, Magma Venture Partners, and PICO Partners-participated in the funding round. 

Trigo, a retail checkout system developer, has raised $10M (the exact amount is undisclosed). Its total funding has crossed $100M with this funding, and it looks to partner with Germany’s REWE Group to help them set up a ‘grab and go’ shopping experience for its new store in Cologne.

Brella, a hybrid event platform, has raised $10 million in a Series A funding round led by Connected Capital. The platform, previously utilized as an offline networking tool, shifted from live events to a virtual event platform once the pandemic struck.

Introhive, AI-powered sales, and revenue acceleration platform, has raised $100 million in a Series C funding round led by PSG, a growth equity firm. Other investors include Mavan Capital Partners, The Business Development Bank of Canada (BDC), and Evergreen Capital.

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AugmentBy PeopleAtom