Browsing Tag

funding

Sitetracker Raises $24 Million in Series B Funding to Fuel Continued Innovation and Global Expansion

New Investment Round, Led by NEA, Brings Sitetracker's Total Funding to $35 Million Sitetracker, the global standard for managing high-volume critical infrastructure projects, announced $24 million in additional funding. Led by existing investor New Enterprise Associates (NEA) with participation from Wells Fargo Strategic Capital, Salesforce Ventures, and others. This round of financing will further accelerate Sitetracker's product roadmap and global expansion. "At NEA, we seek to invest in companies that transform…

Volpi Capital Invests in CycloMedia Technology

Avedon Capital Partners Exits; Additional Capital to Accelerate Cyclomedia's Growth CycloMedia Technology, the leading provider of accurate geospatial imagery-data and data analytics, announces a significant new equity investment in the company by Volpi Capital to support CycloMedia's rapid international growth and the development of new market opportunities. Founded in 1980 and based in the Netherlands, CycloMedia provides a rich end-to-end B2B geo-data and software platform and has an established presence in the US,…

SugarCRM and Accel-KKR Join Hands to Usher Next Phase of CRM Business

Leading CRM maker, SugarCRM has announced that Accel-KKR, a leading technology-focused private equity firm, has made a strategic and significant investment in SugarCRM. The partnership is the latest milestone in SugarCRM’s journey and will accelerate its strategy of driving global growth with its award-winning relationship management platform. Accel-KKR has committed substantial investment dollars to drive product innovation, services, expanded capabilities and a strategic acquisition program. At the time of this…

Dynamic Yield Scoops $32 Million in Series D Funding to Head into First Personalization-Anywhere Space

Dynamic Yield Recently Named Leader by Gartner 2018 Magic Quadrant for Personalization Engines Dynamic Yield, the AI-powered omnichannel personalization engine, today announced it raised $32 Million in Series D funding led by Viola Growth, with participation from Union Tech Ventures. The funding will enable Dynamic Yield to power individualized experiences beyond web -- across kiosks, call centers, POS systems, IoT devices and more as the company sets its sight on becoming the industry’s first personalization anywhere…

Chatitive Enters New Intelligent Conversational Messaging Ecosystem with Rebranding and Financing

Essential Platform Services, Inc. has changed its name to Chatitive, Inc., effective from 31 July 2018. The name change reflects the company’s focus on helping businesses introduce new, dynamic company-customer interactions using conversational messaging across the mobile customer lifecycle using text messaging that consumers use every day. Chatitive has also announced a new investment from Unlock Venture Partners and existing shareholders to accelerate customer development and to continue to deepen the complexity of…

What’s Cooking at Salesforce? SessionM’s 23.8 Million Series E Funding Led by Salesforce Ventures

This is the Second Investment in SessionM by Salesforce Ventures Salesforce Ventures, the global corporate investment group of Salesforce, led the $23.8 million funding round for SessionM, a customer data and engagement platform. Other existing premier investors that participated in the round included Causeway Media Partners, CRV, General Atlantic, Highland Capital and Kleiner Perkins Caufield & Byers. This is the second investment in the company by Salesforce Ventures. It had earlier participated in a $35 million…

Fastly Secures $40 Million Investment to Help the World’s Most Important Companies Deliver Secure Content at Scale

Key to the Company’s Success in Content Delivery, Security, and Edge Computing Is Its Values-First Approach to Growth That’s Resulted in Reaching over 3 Billion Global Internet Users a Month and Achieving a 42 Percent Female-Executive Team Fastly, the leading edge cloud platform, announced that it has raised $40 million in funding, led by Deutsche Telekom Capital Partners (DTCP) with participation from Sozo Ventures, Swisscom Ventures, and existing investors. The round will allow Fastly to continue expanding its edge cloud…

Spiro Technologies Raises $1.5 Million Series Seed 2 for AI-Powered CRM

Zelkova Ventures, NXT Ventures and Hyperplane Venture Capital Back Next-Generation CRM That Focuses Sales Teams on Selling, Not Entering Data Spiro Technologies, the provider of the first AI-Powered CRM, announced the completion of its $1.5 Million Series Seed 2 fundraise, bringing the company’s total funding to more than $5 Million. New investors include NXT Ventures and Zelkova Ventures with Hyperplane Venture Capital, Geekdom Fund, MassVentures and New Harbour Partners all participating in the oversubscribed round.…

Mantis Vision Raises $55 Million in Series D Funding, Announces Joint Venture with Luenmei Quantum Co. Ltd.

Mantis Vision's Series D Financing Led by Luenmei Quantum Co. Ltd. and Samsung Catalyst Fund Mantis Vision, a leading provider of advanced 3D sensing, volumetric content acquisition and sharing technologies, announced the closing of its Series D round of $55 million with a total investment of $83 million to date. New funds will serve to extend the company's technological edge, accelerate Mantis Vision's go-to-market strategy, expand its international workforce and support external growth opportunities. The Series D…

Kleiner Perkins, Shasta Ventures, Sinai Ventures Invest $1.7 Million in Popular Video Maker Kapwing

Company Founded by Two Former Googlers Aspires to Make Short-Form Video Production a Quick, Intuitive Task for Everyone Rather Than a Specialized, Full-Time Profession Kapwing, the popular video editing website, announced that it has raised $1.7 M seed round to expand its online video editing platform for casual creators. The round was led by Kleiner Perkins with participation from Shasta Ventures, Sinai Ventures, Village Global, Shrug Capital, and ZhenFund. The funding will be used to accelerate Kapwing's product…

Dialpad Raises $50 Million in Series D Funding to Reinvent the Phone Call

Company Doubles Down on Innovative AI Capabilities, Expands Talent Base Dialpad, the pure-cloud business communications provider, announced it has raised $50 million in Series D funding. ICONIQ Capital led the round, with participation from existing investors Andreessen Horowitz, Amasia, Scale Venture Partners, Section 32 and Work-Bench, bringing Dialpad's total funding to $120 million. The new capital will accelerate momentum for Dialpad's real-time AI technology and further establish its products as business-critical…

Trigo Vision Unveils Advanced Retail Automation Platform; Announces $7 Million Seed Funding

World-Class Algorithmics Experts Take on Amazon Go, Microsoft and Other Tech Giants in the Frictionless Checkout Race Trigo Vision, a computer vision startup reshaping the retail experience, emerged from stealth and announced $7Min a seed funding round by UK-Israel based Hetz Ventures and Vertex Ventures Israel. Trigo Vision's platform combines a highly sophisticated, ceiling-based camera network with machine vision algorithms to identify and capture customers' shopping items with exceptional levels of accuracy during…

High Alpha Scoops $100 Million Funding to Grow its Venture Studio Portfolio

Launches High Alpha Studio II and High Alpha Capital II Marking the Beginning of Next-Generation Wave for High-Speed Tech Innovation in Martech and Sales Tech It's an exciting Monday! Today, a leading venture studio that has launched numerous MarTech and Sales Tech companies announced its latest funding round. High Alpha raised $100 million to race ahead in the tech innovation game, fueling the next-generation wave for enterprise software making and SaaS launches. With the latest funding round, High Alpha becomes one of the…

Content Experience Platform Provider Tiled Raises $1.5 Million

Tiled Inc., a content experience platform for enterprise sales and marketing teams, announced that it has completed the initial closing of its series seed preferred stock financing. The financing, which was led by Kickstart Seed Fund, brings the total amount invested in Tiled to $1.5 million. Proceeds from the financing are being used to accelerate sales and marketing, which will include hiring experienced enterprise software sales, customer success and marketing personnel. “Sales organizations continue to present…

Browser Maker Opera Files For A $115 Million US IPO, Bitmain offers $50 Million

Last Week Browser Maker Opera Filed for an IPO in the US Two years after it was bought by a Chinese Consortium, Browser maker Opera has filed for an Initial Public Offering (IPO) with the US Securities and Exchange Commission (SEC). It also plans to raise up to $115 million through this, though the amount in the first filing is usually a placeholder. CICC and Citigroup Inc (C.N) are the underwriters to the IPO. Reuters reported that Opera Ltd has applied to list its American Depositary Shares on the Nasdaq stock…

Facebook Alternative MeWe Closes $5.2 Million Series A

Disruptive Social Network With NO BS Gains Momentum Adding Thousands of New Facebook Rejecters Each Day MeWe, the disruptive Facebook alternative, announced today that it has completed a $5.2 million Series A financing. The investment brings MeWe's total funding to $10 million, to support the engineering of MeWe and the enterprise version MeWePRO. The company has relied on high net worth individuals for all of its funding including Lynda Weinman, founder of Lynda.com, who sold her online learning company to…

Atomic Reach Announces $3.4 Million in Bridge Round to Accelerate Growth and Technological Innovation

Growing Content Optimization Platform Plans to Expand Its Strategic Partnerships and Market Reach as a Result of New Funding Atomic Reach, an artificial intelligence-based content optimization platform, announced the completion of a $3.4 million bridge round. The funding included participation from existing shareholders, angel investors and certain funds managed by Fidelity Investments Canada ULC. The funds will be used to accelerate company growth, support continued technological innovation and expand strategic…

Adding Multimedia InvolveSoft Raises $2.5 Million for Its Employee Community & Volunteering Platform

InvolveSoft, the Community Engagement software vendor, landed $2.5 million in funding in a round led by Bonfire Ventures. Investors in this round include Greycroft, Bertelsmann, Launch Capital, CrowdSmart and Noname Ventures. Previous funding came from Mucker Capital and others. “Millennials are driving a huge shift in the way we think about hiring and retaining employees” The Santa Monica-based company will use the funds to build on its SaaS application technology, expand sales channels and grow its already-unmatched…

Cypress.io Raises $4 Million for Front End Automated Testing

Funding Co-Led by Las Olas Venture Capital and Bessemer Venture Partners to Accelerate Product Development and Market Expansion for Developer-Driven Testing Framework Cypress.io, the next generation automated testing framework built for the modern web, announced that it has secured $4 million in seed funding co-led by Las Olas Venture Capital (LOVC) and Bessemer Venture Partners. Previous investors Tech Square Ventures, BLH Ventures, and Buckhead Investment Partners supported the round. The investment will be used to…

Cordial Raises $15 Million to Help Marketers Adapt to the Increasingly Dynamic Customer Journey

Company Doubles Down on Growth as Market Makes Fundamental Shift to Power Everything from Email to SMS with Real-Time Data Cordial, a next-generation email platform built on real-time data, announced that it has closed $15 Million in a Series B funding, led by PeakSpan. Existing investors Upfront Ventures and High Alpha also joined the round. Having doubled both client and revenue growth within the last year, Cordial will leverage the new funds to continue the expansion of its multichannel capabilities, including…