Browsing Tag

funding

TripActions Raises $155 Million in Series E Funding Co-led by Addition, Elad Gil and Andreessen Horowitz

Company to deliver all-in-one travel and spend management platform to get the world back to business TripActions, the fastest-growing business travel and spend management platform, announced it has raised $155 million in Series E growth funding. TripActions’ Series E round was led by existing investor Andreessen Horowitz; Addition, founded by Lee Fixel; and investor Elad Gil. Participation came from existing investors Zeev Ventures, Lightspeed Venture Partners, and Greenoaks Capital. The funding, which increases the…

Jellyfish Raises $31.5 Million Series B Funding to Expand Reach of Engineering Management Platform

Led by Insight Partners, The New Investment Will Accelerate Jellyfish's Mission to Help Engineering Leaders Align Engineering Work with Strategic Business Objectives Jellyfish, the pioneer Engineering Management Platform that helps engineering leaders align engineering work with strategic business objectives, has raised $31.5 million in a Series B round of funding led by Insight Partners and joined by previous investors Accel and Wing Venture Capital. Jellyfish plans to leverage this latest investment to accelerate its…

Blu Digital Group Closes Multi-Million Dollar Series A Investment Round from Leading Silicon Valley Investor

Series A Investment will Help Drive Further Development of Blu’s Market-leading Media Technology Software and Services Blu Digital Group, Inc. (BDG), a digital media services and software company, announced today that it has closed its multi-million-dollar Series A round of funding with the investment led by C. Richard "Dick" Kramlich, Co-Founder of New Enterprise Associates (NEA) and Green Bay Ventures. "It is very gratifying to see our growth as a company, and the scope of our opportunity, recognized by a Silicon Valley…

Springbot Closes $14 Million in Funding; Fueling Future Organic Growth & Acquisitions

Sterling National Bank Leads Financing Effort Springbot, a marketing automation and attribution platform for online retailers, announced it has closed $14M in financing led by Sterling National Bank. Springbot which recently closed an acquisition of Content Management System (CMS) provider Matcha in December 2020 is poised for organic growth as well as the addition of deeper platform capabilities that are purpose-built for eCommerce. Springbot's all-in-one platform is the critical solution for today's direct to consumer…

Benchmark Email Secures Funding to Fuel Growth and Drive Acquisitions

Benchmark Email, a leading software as a service provider of sales and marketing solutions for SMBs, announces that it has secured a $3,000,000 credit facility from Texas Capital Bank. The credit facility is also designed to scale as the revenue of the company scales, giving Benchmark additional growth capital into 2021 and beyond. Jonathan Herrick, CEO of Benchmark Email, indicates that this new access to funding will drive acquisitions, fueling rapid growth and innovation. Marketing Technology News: Hootsuite…

Glia Raises $78 Million in Series C Funding Led by Insight Partners as Demand for Digital Customer Service Accelerates

Company's total fundraising surpasses $100 million as market goes mainstream Glia, a leading provider of Digital Customer Service, announced that it has raised $78 million in Series C funding, bringing Glia's total fundraising to $107 million. This round was led by existing investor Insight Partners and Glia was advised in the transaction by Cooley LLP. Glia grew by more than 150% in 2020 as the pandemic forced businesses to reimagine how they guide and connect with customers in a digital world. The investment will allow…

Freestar Announces Significant Investment From Abry Partners

Partnership fuels the company’s growth and innovation heading into 2021 Freestar, the leading monetization partner for content publishers, e-commerce sites, and app developers, announced a strategic investment from Abry Partners ("Abry"). Abry, a leading Boston-based private equity firm, manages over $5 billion of capital in its active funds and has completed more than $82 billion in transactions. Abry's investment is intended to help Freestar to provide its award-winning monetization services to more partners and pursue…

Dremio Raises $135 Million in Series D Funding to Drive Data Lake Transformation for Global Enterprises

New Funding Led by Sapphire Ventures Brings Dremio’s Valuation to $1 Billion Dremio, the innovation leader in data lake transformation, announced it has raised $135 million in Series D funding, bringing the company’s valuation to $1 billion. This preemptive fundraising occurred just nine months after a $70 million round led by Insight Partners in March 2020. The new fundraising round is led by Sapphire Ventures with participation from existing Dremio investors: Insight Partners, Lightspeed Venture Partners, Norwest Venture…

iQIYI’s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem

iQIYI's VR Startup Raises a multi-hundred million RMB in Series B Funding Led by Yitang Changhou Fund and Fresh Capital iQIYI Inc., an innovative market-leading online entertainment service in China, announced that it has recently completed a multi-hundred million RMB Series B funding round for its virtual reality (VR) division iQIYI Intelligent. The round of funding was led by Yitang Changhou Fund and Fresh Capital, setting the record for the largest single round of funding in China's VR industry in 2020. The capital…

Video Template Platform Biteable Raises $7 Million Series A Financing Led by Cloud Apps Capital Partners

Biteable, an online video builder, announced that it has raised $7 million in venture funding led by Cloud Apps Capital Partners. Biteable will use the investment for product development and expanding its global customer base. The company expects to continue scaling its teams across go-to-market, product, engineering, and operations functions. The company has doubled its headcount within the last year, and hiring continues across all functions. Cloud Apps Capital Partners' investment provides Biteable with access to…

LoudCrowd Raises $2.2 Million to Help Brands Achieve Customer-Led Growth

Austin-based Social Marketing Platform Enables Brands to Measure and Grow UGC LoudCrowd, the user-generated content (UGC) platform designed to help brands get more customers creating branded social content, announced $2.2 million in seed funding. This round is led by LiveOak Venture Partners, with participation from existing investor Active Capital and prominent Austin angel investors including Steve Schaffer, founder and former CEO of Offers.com. David Stewart, Venture Partner at LiveOak Venture Partners, will join the…

CoSell Launches LinkedIn For B2B Sales Partnerships

CoSell, a SaaS platform for B2B companies to find customer overlaps with partners to facilitate warms introductions, announced it has raised $2MM million in seed funding to accelerate its growth and help companies unlock revenue with every partnership. The round was led by Pivot North with participation from SaaStr Fund.  Marketing Technology News: Zipari Announces Strategic Growth Investment from Thoma Bravo Co-founders Brendon Cassidy, Pete Ryan, and Andrew Burleson believe that, by leveraging the CRM between…

Dialpad Raises Additional $10 Million from SoftBank Corp. to Accelerate Product Expansion in Japan and APAC

Dialpad expands footprint in APAC, empowering global workforces with Voice Intelligence through its AI-powered cloud communications platform Dialpad, Inc., the leading AI-powered cloud communications platform, today announced that SoftBank Corp. (“SoftBank”) joined a previous $100M Series-E funding round, led by OMERS Growth Equity, through a $10M investment. SoftBank’s investment will deepen its existing, 4-year strategic partnership with Dialpad, and drive business growth in Japan and the greater APAC region, leveraging…

OneTrust Secures $300 Million Series C Funding at a $5.1 Billion Valuation led by TCV

The funding round also has participation from existing investors Insight Partners and Coatue, and brings OneTrust's total money raised to $710 million in the last 18 months OneTrust, the largest and most widely used privacy, security, and data governance technology platform, announced a $300 million Series C funding round. The funding values OneTrust, founded in 2016, at $5.1 billion and brings the company's total money raised in the last 18 months to $710 million. TCV signed on as a new investor and led the round, joined…

Spryker Announces $130 Million Financing Round

Spryker, a fast-growing commerce technology for global enterprises, announced that it has raised over $130 million in a Series C financing round, led by Silicon Valley-based TCV. Existing investors One Peak from London and Project A Ventures from Berlin also participated in the round. The funding will be used to expand Spryker’s proven B2B and Enterprise Marketplace products and create a compelling 3rd party technology AppStore. Spryker also intends to grow its international footprint with a focus on the U.S., which already…

LeadSquared Raises $32 Million in Series B Funding

Sales automation SaaS platform, LeadSquared, which has achieved 100% revenue growth every year since its founding in 2011, announced today $32 million in Series B funding led by Gaja Capital, also including Stakeboat Capital and Jyoti Bansal, well-known investor and former CEO and chairman of AppDynamics. LeadSquared has built a global, best-in-class CRM platform that takes away the guesswork from sales execution and makes efficiency the focus of every interaction, no matter how complex the customer journey and now serves…

Spearad Raises $1 Million + Seed Funding

Spearad, the emerging Addressable TV vendor, announced today that is has secured over US $1M in Seed financing. The funding round was realized with Fund Hessen-Kapital III, Fraser & Company, Richard Reimer of law firm Hogan Lovells, and industry veteran Ralf Jacob, who also joined the company´s advisory board. Richard Reimer and Philipp Kobus of Fraser will serve as non-executive advisors to the management team. Existing investor Leverage Invest & Consult GmbH, represented by Michael Schultheiss, also participated…

CallRail Receives $56 Million Funding

CallRail, a lead-focused marketing, and analytics platform announced that it reached $60M in ARR and received an additional $56M investment from existing investors Sageview Capital and Leaders Fund, showing a strong vote of confidence in CallRail’s growth trajectory, and bringing CallRail’s total capital raised to $132M. The company maintained profitability and a 30%+ YoY growth rate amidst a global pandemic. With a 35% increase in overall call volume between June 2019 and June 2020, consumers are counting on the phone to…

ShoppingGives Announces Funding From Serena Ventures

ShoppingGives, the social impact commerce platform that offers turn-key cause marketing and donation processing for retailers, announces funding by Serena Ventures, Serena Williams Venture Capital firm. ShoppingGives is democratizing cause marketing, making it accessible to retailers of any size, on any platform, and is the only technology that enables customers to search and support their cause of choice from over 1.5M nonprofits, without leaving the retailer's website. This also unlocks invaluable data for retailers,…

Adzerk Raises $11 Million Funding

Adzerk, whose APIs help clients build custom digital ad platforms, has raised $11 million in funding as part of a Series A round. With the new funding, Adzerk is rebranding to "Kevel," while leaning into the burgeoning market for digital companies looking to build, maintain, and control in-house ad monetization platforms. Specifically, Kevel helps a wide range of digital publishers, social networks, and e-commerce marketplaces integrate sponsored listings, native ads, and internal promotions into their sites and apps.…