Hewlett Packard Enterprise (HPE) has acquired Zerto in a $374 million all-cash deal, expected to close by the end of HPE’s fourth quarter. The move is aimed at expanding HPE GreenLake cloud services.
Hypersonix, an enterprise AI platform for commerce, has announced that it has raised $35 million at a valuation of $200 million in a Series B funding round led by B Capital Group. Other participants include Intel Capital, Firebolt Ventures, Magicus Ventures, and Gokul Rajaram, among others.
Monisnap, a remittance fintech company, has raised $11.8 million in a fresh round of funding. The funds will be used to expand the company’s global client base, quadruple its technical staff, strengthen its B2B service, and improve its mobile money product. Currently, the Monisnap platform is used by over 200,000 people to send money to developing countries through over 100,000 local partners in over 100 countries.
Codat gets $40 million in a Series B financing round led by Tiger Global. Codat intends to utilize the cash to expand in the United States, provide more data products to its API, recruit faster, and onboard more clients. Codat’s goal is to assist small businesses by allowing suppliers to interact with all software packages that SMEs use using a single standardized API.
Montreal-based Paper, a software provider of high-dosage tutoring, has announced its Series C fundraise of $100 million in a round led by Institutional Venture Partners (IVP). The company said in a press release that it would use the proceeds from the fund to scale its business and increase investments in its Educational Support Systems (ESS).
Online-learning SaaS provider Articulate Global has raised $1.5 billion in a Series A funding round at a valuation of $3.75 billion. Bootstrapped since its inception, this round marks Articulate’s first-ever fundraise, led by General Atlantic with participation from Blackstone Growth (BXG) and ICONIQ Growth.
Nowports has raised $16M in Series A funding from Mouro Capital and plans to streamline its process, solidify important routes and expand its logistics and financial operations, adding value as a digital freight forwarder for Latin American Companies.
Karat Financial, a black card and financial services platform specifically tailored for digital creators has announced $26 million in funding, including $15 million in a debt financing round and $11 million in Series A. The funding round was led by Union Square Ventures, with participation from GGV Capital and SignalFire.
zip24 has recently raised $1.2M in a pre-series round to fund its expansion in tech, product and operations teams. It aspires to strengthen operations by deploying direct sales and support personnel in Dubai, UAE expand to the UK in this year’s second half.
Barracuda Networks has signed a definitive agreement to acquire SKOUT Cybersecurity. With the close of the deal (in July), Barracuda would enter the extended detection and response (XDR) platform and offer proactive real-time continuous security monitoring and response services.
Desana, a hybrid workplace platform, raised $4M in a seed round headed by PropTech1 Ventures and Techstart Ventures. The firm plans to expand quickly with additional investment due to the high demand for its hybrid workplace solution.
In a seed round led by AdvantEdge Founders, TyrePlex, an aftermarket tyre B2B eCommerce firm, earned an undisclosed sum. TyrePlex has over 1,700 dealers onboarded over 600+ locations and is quickly expanding at a rate of 30% month over month.
A venture capital firm, Inflexor Ventures, has announced the closure of its second fund, which is valued at about USD 80.2 million. The tech fund will primarily invest in B2B/enterprise companies that use deeptech, technical IP, and innovation. The fund would invest in pre-Series A through Series B rounds, with initial investments ranging from $ 0.6 million to $ 2.6 million and follow-on rounds dependent on the performance of portfolio companies and their fundraising stage.
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By PeopleAtomHewlett Packard Enterprise (HPE) has acquired Zerto in a $374 million all-cash deal, expected to close by the end of HPE’s fourth quarter. The move is aimed at expanding HPE GreenLake cloud services.
Hypersonix, an enterprise AI platform for commerce, has announced that it has raised $35 million at a valuation of $200 million in a Series B funding round led by B Capital Group. Other participants include Intel Capital, Firebolt Ventures, Magicus Ventures, and Gokul Rajaram, among others.
Monisnap, a remittance fintech company, has raised $11.8 million in a fresh round of funding. The funds will be used to expand the company’s global client base, quadruple its technical staff, strengthen its B2B service, and improve its mobile money product. Currently, the Monisnap platform is used by over 200,000 people to send money to developing countries through over 100,000 local partners in over 100 countries.
Codat gets $40 million in a Series B financing round led by Tiger Global. Codat intends to utilize the cash to expand in the United States, provide more data products to its API, recruit faster, and onboard more clients. Codat’s goal is to assist small businesses by allowing suppliers to interact with all software packages that SMEs use using a single standardized API.
Montreal-based Paper, a software provider of high-dosage tutoring, has announced its Series C fundraise of $100 million in a round led by Institutional Venture Partners (IVP). The company said in a press release that it would use the proceeds from the fund to scale its business and increase investments in its Educational Support Systems (ESS).
Online-learning SaaS provider Articulate Global has raised $1.5 billion in a Series A funding round at a valuation of $3.75 billion. Bootstrapped since its inception, this round marks Articulate’s first-ever fundraise, led by General Atlantic with participation from Blackstone Growth (BXG) and ICONIQ Growth.
Nowports has raised $16M in Series A funding from Mouro Capital and plans to streamline its process, solidify important routes and expand its logistics and financial operations, adding value as a digital freight forwarder for Latin American Companies.
Karat Financial, a black card and financial services platform specifically tailored for digital creators has announced $26 million in funding, including $15 million in a debt financing round and $11 million in Series A. The funding round was led by Union Square Ventures, with participation from GGV Capital and SignalFire.
zip24 has recently raised $1.2M in a pre-series round to fund its expansion in tech, product and operations teams. It aspires to strengthen operations by deploying direct sales and support personnel in Dubai, UAE expand to the UK in this year’s second half.
Barracuda Networks has signed a definitive agreement to acquire SKOUT Cybersecurity. With the close of the deal (in July), Barracuda would enter the extended detection and response (XDR) platform and offer proactive real-time continuous security monitoring and response services.
Desana, a hybrid workplace platform, raised $4M in a seed round headed by PropTech1 Ventures and Techstart Ventures. The firm plans to expand quickly with additional investment due to the high demand for its hybrid workplace solution.
In a seed round led by AdvantEdge Founders, TyrePlex, an aftermarket tyre B2B eCommerce firm, earned an undisclosed sum. TyrePlex has over 1,700 dealers onboarded over 600+ locations and is quickly expanding at a rate of 30% month over month.
A venture capital firm, Inflexor Ventures, has announced the closure of its second fund, which is valued at about USD 80.2 million. The tech fund will primarily invest in B2B/enterprise companies that use deeptech, technical IP, and innovation. The fund would invest in pre-Series A through Series B rounds, with initial investments ranging from $ 0.6 million to $ 2.6 million and follow-on rounds dependent on the performance of portfolio companies and their fundraising stage.