Tweet CHARLOTTE, N.C., AvidXchange announced it has raised $260 million in equity capital as part of the company's latest financing round.

TPG Sixth Street Partners has a long-tenured relationship with AvidXchange and has been an investor since 2015.

About TPG Sixth Street PartnersTPG Sixth Street Partners is a global finance and investment business with over $33 billion in assets under management and TSSP Capital Solutions ("Capital Solutions") is its dedicated growth investing platform.

TPG Sixth Street Partners has invested over $3 billion in more than 35 growth-oriented companies in its Capital Solutions strategy since inception.

Select current and past representative Capital Solutions investments include AirTrunk, AvidXchange, Gainsight, Kyriba, Lucidworks, Paycor, PayScale, PaySimple and Spotify. | To read full story, visit https://startuparound.com/read/1579647607.1699255/AvidXchange-Pulls-In-$260M?ref=audio_experience

Verto Analytics Inc., a Helsinki, Finland- and New York City-based behavioral analytics platform provider, raised a $16m third funding round.

The company intends to use the funds to accelerate commercial rollout of new solutions (both syndicated and custom), and make strategic improvements to its customer service.

Led by founder Dr. Hannu Verkasalo, and Pat Brennan, president of U.S. operations, Verto Analytics is a media measurement company whose behavioral analytics platform helps brands and companies get a holistic view of consumers, including their behavior, along with demographics, lifestyles, attitudes, and interests.

The company owns and operates single-source, passively metered panels in different countries; these panels measure behavioral changes over time across all media, second by second.

The company’s behavioral research platform equips market researchers with deep, passive meter data solutions and the application of triggered surveys on top of the panel. | To read full story, visit https://startuparound.com/read/1579645809.2183511/Verto-Analytics-Raises-$16M-in-Third-Funding?ref=audio_experience

Intezer, a New York-based cybersecurity company, closed a $15m Series B funding.

The company intends to use the funds to accelerate sales growth and expand the technology into the larger threat protection market.

Led by Itai Tevet, CEO and co-founder, Intezer leverages Genetic Malware Analysis technology to equip enterprises with an advanced way to detect modern cyber threats, while providing deep context on how to effectively respond to incidents.

The company offers solutions for cloud security, incident response automation, threat intelligence, and more.

Intezer recently launched a new runtime cloud security product, Intezer Protect, based on the Genetic Malware Analysis technology. | To read full story, visit https://startuparound.com/read/1579644007.5125544/Intezer-Raises-$15M-in-Series-B-Funding?ref=audio_experience

Tweet SEATTLE, WA, Adjacent Academies announced the close of a $2.1 million seed round led by Rethink Education.

To export Adjacent Academies funding data to PDF and Excel, clickClick here for more funding data on Adjacent AcademiesTo export Adjacent Academies funding data to PDF and Excel, click here Adjacent Academies, which enables liberal arts students to earn college credit while building in-demand tech skills, today announced the close of a $2.1 million seed round led by Rethink Education with additional participation by New Ground Ventures, Bisk Ventures and Entangled Group.

The program builds on the success of a 2019 pilot, which enrolled students from Davidson College, a top-ranked liberal arts college, and four other colleges.

"We have to move beyond this false choice between the vast potential of the liberal arts, and the skills and know-how that the labor market is asking for today," said Anh Nguyen, CEO of Adjacent Academies.

About Adjacent Academies: Adjacent Academies ensures that liberal arts graduates have the skills, networks, and opportunities to shape and lead in a world of rapid technological transformation. | To read full story, visit https://startuparound.com/read/1579642209.9501681/Adjacent-Academies-Raises-$2.1M?ref=audio_experience

These solutions put understaffed security teams in the critical path of delivering quality applications, resulting in insecure applications and negating the acceleration the business is seeking.

Snyk goes beyond shifting security left, offering continuous security and compliance from source code to production and back again.

"This investment accelerates Snyk's significant momentum in transforming the way application security is approached and delivered in software-driven enterprise organizations," said Peter McKay, Snyk CEO.

Combined, Snyk uniquely provides cloud-native application security solutions, including open source security, container security and more, that scale to achieve secure digital transformation.

And, with its acquisition and expansion of the DevSecCon conference, Snyk has confirmed its commitment to developer-driven application security among the developer community. | To read full story, visit https://startuparound.com/read/1579640406.8208768/Snyk-Scores-$150M?ref=audio_experience

It means an overhaul to your company’s mission, strategy, product, and more.

Before you put your company on a new path, consider these alternatives to a full-blown pivot.

Create a Spinoff BrandShelter Insurance was founded in the 1940s, at a time when insurance was a high-touch, relationship-driven market.

Instead, Shelter created a spinoff brand, Say Insurance, to deliver an online-first experience.

If you truly do need a pivot, do it thoughtfully and at a pace your team can sustain. | To read full story, visit https://startuparound.com/read/1579638613.4187894/4-Alternatives-to-Pivoting-Your-Small-Business'-Strategy?ref=audio_experience

FireEye, Inc. (NASDAQ: FEYE), a Milpitas, Calif.-based intelligence-led security company, acquired Cloudvisory, a Dallas, TX-based provider of continuous visibility, compliance, and security policy governance solutions for multi-cloud and data center assets.

The amount of the deal was not disclosed.

With the acquisition, Cloudvisory technology will expand cloud security capabilities of FireEye Helix, allowing customers to monitor multi-cloud environments, manage hybrid-cloud firewalls and integrate security for container platforms.

Founded in 2013 and led by Lisun Kung, co-founder and chief executive officer prior to the acquisition, Cloudvisory offers a complete centralized security management solutions for audit, compliance, micro-segmentation and enforcement through cloud-native controls of the various cloud platforms.

FireEye has over 8,500 customers across 103 countries, including more than 50 percent of the Forbes Global 2000. | To read full story, visit https://startuparound.com/read/1579636809.7914588/FireEye-Buys-Cloudvisory?ref=audio_experience

This post is also available in: Español (Spanish)Contxto – Brazilian fintech Diin changed its name to Grão following the wrap up of its first investment for an undisclosed amount.

But the fintech wants to fuel its growth, as a result, it will focus on further developing its product.

Especially considering the startup wants to reach one million people in a “medium term.”It’s reported that with these funds the startup has raised around R$7.5 million (about US$1.78 million).

Call me by my new nameAs a result, of its recent funding round, the fintech also changed its name to Grão, meaning “grain” in Portuguese.

But Grão wants to change that bit by bit. | To read full story, visit https://startuparound.com/read/1579635011.6432886/Fintech-Grão-raises-investment,-wants-users-to-make-their-own-investments?ref=audio_experience

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

Today we’re taking a moment to discuss the amount of money going into startups building OKR software.

After covering WorkBoard’s recent round, I’ve noticed OKR software and services everywhere, even in Twitter ads that I somehow can’t avoid.

But surely there can’t be too many startups focused on OKR-related software and services?

To answer that, let’s take a moment to detail out some of the startups in the space and their venture history. | To read full story, visit https://startuparound.com/read/1579633412.9006853/Why-is-everyone-making-OKR-software?-–-TechCrunch?ref=audio_experience

Canonical, the company behind the popular Ubuntu Linux distribution, today announced the launch of Anbox Cloud, a new platform that allows enterprises to run Android in the cloud.

On Anbox Cloud, Android becomes the guest operating system that runs containerized applications.

Launched by Canonical engineer Simon Fels in 2017, Anbox runs the full Android system in a container, which in turn allows you to run Android application on any Linux-based platform.

Canonical also cites app testing as another use case, given that the platform would allow developers to test apps on thousands of Android devices in parallel.

Anbox Cloud can run in the public cloud, though Canonical is specifically partnering with edge computing specialist Packet to host it on the edge or on-premise. | To read full story, visit https://startuparound.com/read/1579631413.0515404/Canonical’s-Anbox-Cloud-puts-Android-in-the-cloud-–-TechCrunch?ref=audio_experience