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Revenue Operations Leader Clari Closes $60 Million Funding Round

Platform Uses AI and Automation to Help High-Performing Revenue Teams Drive Growth and Retention Clari, provider of the leading AI-powered revenue operations platform, has closed a $60 million Series D financing round, setting a new record for total investment in the rapidly emerging revenue operations software category. To date, Clari has raised over $135 million to transform revenue operations. Clari's Revenue Operations Platform uses AI to modernize the B2B revenue process, upleveling execution, insights and forecasting…

A New Type of Student Recruitment CRM for Higher Ed, Element451, Secures $1 Million in Seed Financing from Cofounders Capital

Element451 is closer to its vision of making advanced recruiting technology accessible to more colleges thanks to a $1 million seed round investment from tech venture fund Cofounders Capital. Creators of the cloud-based customer relationship management platform say they will use the funding and strategic guidance to accelerate company growth. The news comes at a time when colleges are struggling to find innovative ways to increase student enrollment and simultaneously cut costs. Post-secondary enrollments decreased 1.7…

Marketers Need to Focus More on Psychology Than Technology Says Quantcast CTO Peter Day

AI and Machine Learning Used like ‘Punctuation Points’ in Marketing Presentations At a series of marketing and agency industry events in Sydney and Melbourne last week, Quantcast Global CTO Dr Peter Day shared his insights into how companies can survive and prosper in difficult climates whilst creating great products that disrupt with lasting impact. Based upon a career working at the cutting edge of AI and machine learning, Day said agencies and marketers need to do three things to confront the incoming headwinds of…

83North Announces New $300 Million Fund Raising

Oversubscribed 83North V brings total capital under management to over $1.1 billion 83North, the international venture capital firm, announced that it has completed an oversubscribed $300 million fund raising, bringing total capital under management to over $1.1 billion. Building upon the success of its existing funds, 83North will deploy the new capital with the best and brightest consumer and enterprise technology companies led by aspiring European and Israeli entrepreneurs. Marketing Technology News: Will…

Zylo Secures $22.5 Million Series B led by Menlo Ventures, Matt Murphy Joining Board

Bessemer, High Alpha, Salesforce Ventures and Slack Fund Among Repeat Investors in Leading SaaS Management Innovator Zylo, the leader in the emerging SaaS Management category, announced the completion of a $22.5 million Series B funding round. The round was led by Menlo Ventures, with repeat investments from Bessemer Venture Partners, High Alpha, Revolution's Rise of the Rest Seed Fund, and cloud leaders Salesforce Ventures and the Slack Fund. Since its founding in 2016, Zylo has raised more than $35 million.…

TigerGraph Carves a New Niche with $32 Million Funding, Market Expansion and Latest Product Launch

In a series of announcements that are backed by customer growth and unprecedented revenue boost, TigerGraph announced the general availability of TigerGraph Cloud, a new funding round worth $32 million. These are marked with new footprints in Europe with expansions in offices and senior leadership. As part of the expansive drive in its Operations, TigerGraph announced the appointment of Martin Darling as GM for EMEA and Zeljko Dodlek as Director of Sales for DACH. The company also announced the opening of new offices in…

$10.2 Million Funding and Tag of Explainable AI Engine: How Fiddler Labs Sees the Enterprise Market

Fiddler Labs has become the latest champion to plug the gap in Explainable AI. The Explainable AI engine announced raising $10.2 million in Series A funding this week. Fiddler currently helps enterprise customers “unlock the mysteries of black-box AI to better understand why these platforms make the decisions they do.” With this funding, the company takes its total financing to $13.2 million since inception in October 2018. Also Read: MarTech RADAR 2019: Top 250 B2B Technology Companies You Should Follow Fiddle Labs is…

Balto, Real-Time AI Call-Guidance Software, Raises Additional $3 Million in Seed Funding

Balto, the World's First Artificial Intelligence Software for Real-Time Call Guidance and Coaching, Announced That It Closed a $3 Million Seed Financing Round Participating in the round are OCA Ventures (co-lead), Stage Venture Partners (co-lead), Jump Capital, Cultivation Capital, SaaS Ventures, TIA Ventures, and Sandalphon Capital. This round of funding will be used to scale the organization's sales and marketing capabilities, expand headcount, and make major investments in applying A.I. to help sales teams make their…

AI-Powered Insurmi Secures Funding to Modernize How Insurers Engage Customers

The Funding Will Accelerate Insurmi’s Global Expansion Insurmi, a conversational-AI powered customer engagement platform for insurance carriers, has secured an additional $1 million in funding to accelerate market expansion and grow the team at its headquarters in Phoenix. The round was led by Coplex with participation from a group of prominent international angel investors and the Global Insurance Accelerator (GIA). This injection of capital further validates the demand for technology-driven solutions in the insurance…

Coil, Mozilla and Creative Commons Launch $100 Million Grant for the Web to Advance Web Monetization for Creators

Coil, Mozilla and Creative Commons Empower Individual Creators and Monetization Service Providers While Allowing Users to Directly Support Content They Value Coil, Mozilla and Creative Commons tannounced an ambitious $100 million fund that will empower individual creators and monetization service providers while allowing users to directly support content they value. Over the last ten years, the internet has gone from a place rewarding creativity, invention and substance, to one dominated by a few advertising…

SaaS Unicorn Freshworks Acquires Design Collaboration Tool CanvasFlip

SaaS unicorn Freshworks has acquired Bengaluru-based design collaboration tool CanvasFlip in a cash and equity deal. Post-acquisition, CanvasFlip’s website feedback management tool, Visual Inspector, will continue to be available in Chrome Webstore. However, its prototyping and collaboration solutions will be discontinued. CanvasFlip was founded by Vipul Misra and Manish Jha in 2015. The company built various products to enable easy collaboration between product designers, developers, and product managers. The company…

McKinsey Backs Element AI’s $151 Million Series B Funding

A three-year-old Canadian AI technology software maker has scooped $151 million (CAD 200 million) in Series B funding from investors led by global Management Consulting firm, McKinsey & Company, and subsidiary, QuantumBlack. The startup company is – Element AI. They are the makers of ready-to-implement AI Product suite, developed by world-class AI talent. The Series B funding, led by McKinsey & Company, Caisse de dépôt et placement du Québec, QuantumBlack, and Gouvernement du Québec takes Element AI‘s total…

SocialFlow Announces Close of $3.5 Million Funding Round

The leading Social Media Distribution Platform for Publishers and Media Continues to innovate SocialFlow, the leading social media distribution and monetization platform, announced the close of a $3.5 million funding round. The company continues to be profitable and will use the new capital to retire debt and fund continued product development and marketing. SocialFlow's technology enables the world's most successful publishers to more effectively distribute engaging social content across Facebook, Twitter, Instagram,…

Akeneo Raises $46 Million to Expand Its Leadership in Product Experience Management

Investment to Accelerate R&D and Sales Efforts to Support Unified Commerce Experience Akeneo, a global leader in Product Experience Management (PXM) solutions for corporate brands and retailers, announced it has raised $46 million in funding led by global growth equity investor Summit Partners. Existing investors Alven, Partech, and Salesforce Ventures, as well as Akeneo's board member Stephan Dietrich, also participated in the round. Akeneo Co-Founders Team: (from left to right) Nicolas Dupont,…

WaveOptics Secures Funding to Scale the Business to Meet Growing AR Market Demand

Additional $13 Million Raised in Final Stage of $39 Million Series C Funding Round WaveOptics, the world leading designer and manufacturer of waveguide displays, the key optical component used in Augmented Reality (AR) wearables, has closed an oversubscribed $39m (£30m) Series C funding round. WaveOptics raised an additional $13m (£10m) in the final stage, having raised an initial $26m (£20m) in December 2018. This final stage was supported by existing investor Goertek, a global leader in the design and manufacturing…

Cloud Technology Leader Clio Announces $250 Million Investment from TCV and JMI to Transform the Legal Industry

Clio, the leader in cloud-based legal technology, announced it has raised US$250 million in Series D funding from TCV and JMI Equity. This growth investment marks one of the largest in legal technology, the largest in Canadian history, and a definitive shift for the future of the legal industry. Clio Raises $250 Million Investment from TCV and JMI to Transform Legal Industry According to the US Census data, Americans spent US$261 billion on legal services in 2012. Yet, 77% of legal problems don’t receive legal…

Windfall Raises $9 Million to Build the World’s Most Complete and Accurate Source of Consumer Financial Data

Bullpen Capital leads the round with Bonfire Ventures, Industry Ventures, TenOneTen Ventures, ValueStream Ventures participating Windfall Data Inc ("Windfall"), a company that determines the net worth of global households, announced that it raised $9 million in venture funding. The round was led by Bullpen Capital with Bonfire Ventures, Industry Ventures, TenOneTen Ventures, and ValueStream Ventures participating. Windfall will use the funding to continue building a global source of consumer financial data that aspires to…

CrowdStrike Announces Establishment of Falcon Fund

In Partnership with Accel, Crowdstrike Will Co-Invest in Security Startups That Are Building Applications on the Crowdstrike Falcon Platform CrowdStrike Inc., a leader in cloud-delivered endpoint protection, announced the launch of Falcon Fund, an $20 million dollar early stage investment fund started by CrowdStrike®, in partnership with Accel. Falcon Fund will focus on seed and Series A investments in startups that are building applications on the CrowdStrike Falcon platform. The Falcon Fund will act as a co-investor…

H2O.ai Raises $72.5 Million Led by Goldman Sachs and Ping An to Democratize AI

Investment Powers H2O.ai to Transform Every Company to be an AI Company H2O.ai, the open source leader in artificial intelligence and automatic machine learning for the enterprise, announced it has secured $72.5 million in a Series D round, bringing the total funding to $147 million. The round was led by Goldman Sachs and the Ping An Global Voyager Fund with continued investments from Wells Fargo, NVIDIA and Nexus Venture Partners. Jade Mandel from Goldman Sachs will be joining the H2O.ai Board of Directors. Since the…

Mitchell Reichgut to Step Down as Jun Group CEO

Longtime Friend and Business Partner, Corey Weiner to Take the Helm Jun Group, an industry-leading mobile video advertising company, announced the retirement of its founder and CEO Mitchell Reichgut at the end of August. Reichgut, who spent eighteen years of his advertising career building the company to over 100 employees across five offices, will retire to pursue writing, artwork and community service. The company’s current COO and President, Corey Weiner, will take over as CEO. Weiner and Reichgut have worked…