Digital adoption SaaS platform Whatfix has closed $90 million in Series D funding from Tokyo-based SoftBank Vision Fund II, nearly two months after talks of this probable fundraising surfaced online. With the close of Series D, Whatfix’s total funding stands at $139.8 million, raised in nine investment rounds, as per Crunchbase, and its valuation has tripled in the last 15 months as per its statements. Other investors – Eight Roads Ventures, Sequoia Capital India, Dragoneer Investment Group, F-Prime Capital, and Cisco Investments- had participated in this round.
Heavy construction logistics platform Trux, which builds tech solutions for construction companies, has unveiled its new subscription-based SaaS offering to provide a more flexible and reliable logistics solution in the construction industry. Bart Ronan, CEO of Trux, in the company’s statement to the press, explained that the easy-to-use SaaS platform has been updated with features to efficiently take into account the way workers operate in the field, in the office, and behind the wheel. With the platform’s help, Trux aims to help its customers working in silos by helping their workers stay connected while handling their respective operations, thereby adding accountability and visibility into the workflow.
Sydney’s Cirralto Limited, which supplies B2B payment services for industries, has recently merged with its long-term licensing partner, Appstablishment, the Perth-based software developer, to provide optimized business and payment solutions to the global market, reports state. Cirralto revealed that with the merger, that will trade under the name of Cirrato Limited, it would also gain access to Appstablishment’s ‘Spenda business solutions,’- its flagship product that provides software to support points of sale, inventory management, debt collection, payment services, e-commerce, and catalog sharing.
Airbase, a corporate spend startup, has announced that it has raised $60 million in a Series B funding round led by Menlo Ventures. Other investors include new investor Craft Ventures, existing investors Bain Capital Ventures, First Round Capital, Quiet Capital, Webb Investment Network, and BoxGroup. The additional funds will be used to solidify Airbase’s position as the most comprehensive spend management solution in its class, as well as to drive product improvements and innovation that will continue to define the category, transform the way businesses spend money and elevate employees’ roles to focus on the value-added work that makes businesses successful.
ExtraHop, a cloud-native network detection and response company, has announced that it has entered into a definitive agreement to be acquired by Bain Capital and Crosspoint Capital. The deal is strategically valued at $900 million.Bain Capital is a technology investor and one of the multi-asset alternative investment firms in the world. Crosspoint Capital is a private equity firm specializing in cybersecurity, privacy, and infrastructure software.
Brinqa, a Cyber Risk Management company, has announced that it has secured $110 million as growth capital from Insight Partners, global venture capital and private equity firm. Brinqa, which has been bootstrapped and founder-backed since 2009, has received its first institutional investment to help it scale its company and expand its market. As a result of this new funding, Brinqa will be better positioned to meet the growing need for flawlessly integrated, highly automated, and risk-based cybersecurity products.
Deloitte, an audit, consulting, tax, and advisory services provider, has announced that it has acquired CloudQuest Inc., a cloud security posture management (CSPM) provider, for an undisclosed sum. Deloitte’s existing cloud cybersecurity products will be bolstered by CloudQuest’s cloud-native security capabilities, allowing them to manage security workflows more easily, minimize risk, and increase data protection.
Fintech company Nubank has announced a $750 million extension to its Series G fundraising, the last round of which closed in January with a $400 million funding. In two press releases, Nubank has announced the extension of its Series G funding, which now has touched $1.5 billion. The first extension of $500 million was raised from Berkshire Hathaway, and the second extension worth $250 million, was led by Sands Capital and witnessed participation from other Brazilian investors – Absoluto Partners, asset manager co-founded by José Zitelmann and Gustavo Hungria, and Verde Asset Management, the manager led by Luis Stuhlberger.
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By PeopleAtomDigital adoption SaaS platform Whatfix has closed $90 million in Series D funding from Tokyo-based SoftBank Vision Fund II, nearly two months after talks of this probable fundraising surfaced online. With the close of Series D, Whatfix’s total funding stands at $139.8 million, raised in nine investment rounds, as per Crunchbase, and its valuation has tripled in the last 15 months as per its statements. Other investors – Eight Roads Ventures, Sequoia Capital India, Dragoneer Investment Group, F-Prime Capital, and Cisco Investments- had participated in this round.
Heavy construction logistics platform Trux, which builds tech solutions for construction companies, has unveiled its new subscription-based SaaS offering to provide a more flexible and reliable logistics solution in the construction industry. Bart Ronan, CEO of Trux, in the company’s statement to the press, explained that the easy-to-use SaaS platform has been updated with features to efficiently take into account the way workers operate in the field, in the office, and behind the wheel. With the platform’s help, Trux aims to help its customers working in silos by helping their workers stay connected while handling their respective operations, thereby adding accountability and visibility into the workflow.
Sydney’s Cirralto Limited, which supplies B2B payment services for industries, has recently merged with its long-term licensing partner, Appstablishment, the Perth-based software developer, to provide optimized business and payment solutions to the global market, reports state. Cirralto revealed that with the merger, that will trade under the name of Cirrato Limited, it would also gain access to Appstablishment’s ‘Spenda business solutions,’- its flagship product that provides software to support points of sale, inventory management, debt collection, payment services, e-commerce, and catalog sharing.
Airbase, a corporate spend startup, has announced that it has raised $60 million in a Series B funding round led by Menlo Ventures. Other investors include new investor Craft Ventures, existing investors Bain Capital Ventures, First Round Capital, Quiet Capital, Webb Investment Network, and BoxGroup. The additional funds will be used to solidify Airbase’s position as the most comprehensive spend management solution in its class, as well as to drive product improvements and innovation that will continue to define the category, transform the way businesses spend money and elevate employees’ roles to focus on the value-added work that makes businesses successful.
ExtraHop, a cloud-native network detection and response company, has announced that it has entered into a definitive agreement to be acquired by Bain Capital and Crosspoint Capital. The deal is strategically valued at $900 million.Bain Capital is a technology investor and one of the multi-asset alternative investment firms in the world. Crosspoint Capital is a private equity firm specializing in cybersecurity, privacy, and infrastructure software.
Brinqa, a Cyber Risk Management company, has announced that it has secured $110 million as growth capital from Insight Partners, global venture capital and private equity firm. Brinqa, which has been bootstrapped and founder-backed since 2009, has received its first institutional investment to help it scale its company and expand its market. As a result of this new funding, Brinqa will be better positioned to meet the growing need for flawlessly integrated, highly automated, and risk-based cybersecurity products.
Deloitte, an audit, consulting, tax, and advisory services provider, has announced that it has acquired CloudQuest Inc., a cloud security posture management (CSPM) provider, for an undisclosed sum. Deloitte’s existing cloud cybersecurity products will be bolstered by CloudQuest’s cloud-native security capabilities, allowing them to manage security workflows more easily, minimize risk, and increase data protection.
Fintech company Nubank has announced a $750 million extension to its Series G fundraising, the last round of which closed in January with a $400 million funding. In two press releases, Nubank has announced the extension of its Series G funding, which now has touched $1.5 billion. The first extension of $500 million was raised from Berkshire Hathaway, and the second extension worth $250 million, was led by Sands Capital and witnessed participation from other Brazilian investors – Absoluto Partners, asset manager co-founded by José Zitelmann and Gustavo Hungria, and Verde Asset Management, the manager led by Luis Stuhlberger.