Browsing Tag

Investment

BigID Welcomes $30M Investment from Advent International, Valuing BigID at $1.25B

Funding boosts Series D round to $100M Will support accelerated development of BigID's Actionable Data Intelligence Platform and meet robust demand for re-imagined data management as businesses face digital transformation challenges BigID, a leader in data discovery and intelligence for privacy, protection and perspective, today announced a $30 million investment from Advent International, one of the largest and most experienced global private equity investors, through Advent Tech, extending the company's $70 million …

Contextual Ad Tech Leader GumGum Announces $75M investment from Goldman Sachs Growth

GumGum, a global contextual advertising technology company, today announced a $75 million investment by Goldman Sachs Growth to accelerate the growth of its sophisticated contextual intelligence advertising product suite.   Marketing Technology News: Effectv Launches New Division to Better Serve Advertisers’ Evolving Needs for Audience Delivery… Demand for GumGum's contextual advertising technology is growing rapidly as cookies and other audience targeting technologies based on personal information are being phased…

Hotmart Company Raises US$130 Million in Investment Round Led by TCV

New funding round will allow Hotmart to accelerate its product roadmap and international expansion organically and through M&As Hotmart Company, a leading global cloud-based platform that empowers creators to build, run, manage, and grow their digital businesses, announced today that it has raised US$130 million in a Series C funding round led by TCV. Alkeon Capital also participated in the round. Valuation has not been disclosed, but Hotmart continues to build on its previously secured unicorn…

B2B Marketing Investment Expected to Increase in 2021

82% considered B2B digital marketing as a new business driver 65% of marketers plan to increase their B2B digital marketing spend 62% plan to refresh their B2B marketing strategy this year Creative technology studio Appetite Creative Solutions, today released results from its first ever B2B Marketing Survey. With 82% of respondents viewing B2B marketing as a vital driving force for new business. Despite Covid-19, uncertainty over two thirds (65%) of marketers are looking to increase their digital…

Zylo Delivers AI-Powered License Optimization Insights and Enhanced Capabilities to Maximize Investment in Software Licenses

Zylo's comprehensive discovery engine empowers organizations to discover, categorize and monitor SaaS Zylo, the leading enterprise SaaS management platform, today announced a License Optimization Insights feature for automated insights into businesses' SaaS activity, as well as capabilities to optimize licenses on several existing partner applications. Marketing Technology News: Lookout Acquires CipherCloud to Deliver Security from Endpoint to Cloud Amidst remote work and heightened budget reductions, IT teams are…

ThoughtSpot Announces Investment From Snowflake To Unleash More Value From The Data Cloud With Search And AI-driven Analytics

Customers can unlock more value from their cloud data as partnership deepens to empower every employee to uncover insights through search and AI-driven analytics ThoughtSpot, the leader in search & AI-driven analytics, announced a new investment from Snowflake Ventures, the ventures arm of Snowflake. This investment reflects the continued partnership and success joint customers are able to achieve with Thoughtspot’s AI-driven analytics platform powered by Snowflake’s Data Cloud.\ Marketing Technology News: How to…

SOCi Cements Position as Localized Marketing Leader with $80 Million Series D Investment

Funds to Be Used to Accelerate Innovation, Grow Sales, and Explore M&A Opportunities SOCi, the leading all-in-one marketing platform built for multi-location marketers, announced it has closed a Series D investment round of $80 million, led by JMI Equity, a growth equity firm focused on investing in leading enterprise software companies. Additional participants included existing investor, Ankona Capital, along with personal investments from SOCi’s CEO and co-founder Afif Khoury and Seismic co-founder and CEO (and SOCi…

365 Retail Markets Announces Majority Investment from Providence Equity Partners

365 Retail Markets, a leading provider of self-service commerce technology to the foodservice industry, announced a majority investment from Providence Equity Partners ("Providence"), a premier private equity firm that specializes in the media, communications, education, software and services industries. Providence will partner with current investor McCarthy Capital and the Company's management team to seek to advance the unattended retail market industry, fuel product development and customer services, and continue to…

AES Accelerates the Energy Industry with New Brand and Product Offerings

The AES Corporation has announced its new brand and product offerings to reflect its transformation as a leading energy company and to help businesses achieve their energy objectives. The firm has been proactive in advocating the world’s transition to cleaner energy and, at the same time, is executing an ambitious carbon reduction strategy.  Being one of the largest renewable developers in the world, AES continues to add two-to-three gigawatts (GW) of new renewable energy every year. It also has a six GW backlog of clean…

DoubleVerify Announces $350 Million Investment

DoubleVerify (“DV”, the “Company”), a leading software platform for digital media measurement and analytics, announced an agreement for a $350 million investment from an investor group led by Tiger Global Management (“Tiger”). Fidelity Management & Research Company LLC also participated in the round, together with funds and accounts managed by BlackRock, and funds advised by Neuberger Berman Investment Advisers LLC, among others. Providence Equity Partners (“Providence”), which invested in DoubleVerify in 2017, remains…

Clovis Point Capital Announces Significant Growth Investment in NinjaCat

NinjaCat, a leader in marketing analytics software solutions, announced it received a significant growth equity investment from Houston, Texas-based Clovis Point Capital Clovis Point Capital (“Clovis Point”), a Houston-based growth equity firm, announced the completion of a significant growth investment in NinjaCat, Inc. (“NinjaCat” or the “Company”), the leading all-in-one platform for marketing teams to store, report, monitor and analyze data at scale. Founded in 2013, New York-based NinjaCat enables…

Lytics Raises $35 Million to Extend Leadership Position in Customer Data Platform Market

JMI Equity-Led Investment to Accelerate Strategic Growth Initiatives in Product Development and Customer Success, and Expand Lytics’ Team Lytics, the leading Customer Data Platform for marketers, announced the closing of a $35 million Series C investment round. The round was led by JMI Equity, a growth equity firm focused on investing in leading software companies, with participation from current investors Comcast Ventures, Two Sigma Ventures, Rembrandt Venture Partners and Voyager Capital. This investment will…

Seismic Surpasses $100 Million in Revenue

Growth Spurred by 130 Percent Retention and Accelerated Overseas Momentum Seismic, the recognized leader in sales and marketing enablement, announced that the company exited 2018 with a run rate in excess of $100 million. Strong customer satisfaction and success with the product played a major factor in continued growth, with Seismic also reporting 130 percent customer retention to end 2018. "Crossing $100 million in revenue is a significant moment in any software company's history. Being the first sales enablement…

IST Expands Its Mobile Apps and Portal Offering Through an Alliance with BlueCrunch

IST is proud to announce a strategic alliance and investment with BlueCrunch, a leading digital enabler software company that helps brands and corporates improve their digital interactions through mobile apps and portals with end-customers. The IST BlueCrunch alliance will bring together two leading Customer Experience (CX) innovators that will harmonise and simplify the delivery of innovative world-class CX solutions that will directly impact end-customers. BlueCrunch will add Mobile Apps and fully immersive web portals…

Serial Entrepreneur, Godard Abel, Leads $10 Million Investment in 3D Product Visualization Technology, ThreeKit

Strategic Investment Further Strengthens 3D Visualization Capabilities, Allowing Brands to Create More Interactive and Personalized Online Shopping Experiences Serial entrepreneur, Godard Abel, has led a $10 million seed round investment in ThreeKit, a 3D product configuration and visualization platform, to help the company further meet the demands of brands for more interactive and personalized e-commerce experiences. The investment will fund talent acquisition, and product and business development for the rapidly…

Dosh Declares War on Wasted Advertising Spend with $40 Million Series B Financing

Dosh, the fastest growing fintech app, announced it has closed a $40 million Series B financing round, including $20 million in equity and $20 million in venture debt. The financing was led by Goodwater Capital and Western Technology Investment (WTI), with participation from investors PayPal, BAM Capital and Anthem Venture Partners. In 2019, much of the $231 billion advertising spend will be wasted due to no attribution. Dosh brings a dramatic shift in how merchants spend advertising dollars by giving them a new way to…

Infor Announces USD1.5 Billion Investment Ahead of Potential IPO

Infor, a global leader in business cloud software specialized by industry, announced an agreement to receive a $1.5 billion investment from shareholders Koch Equity Development, LLC (KED) and Golden Gate Capital. This investment builds on KED’s investment of more than $2 billion in early 2017, and it represents an important milestone as Infor considers a potential IPO in 2019 or 2020, subject to market conditions. “Koch and Golden Gate Capital have been phenomenal partners for Infor, and all of our 17,300…

Capital One Growth Ventures Invests in Programmatic Direct Mail with PebblePost, Joins Series C Investor Round Led by Advance Venture…

New Investment Closes out Pebblepost’s $31 Million Series C Round PebblePost, the creator of Programmatic Direct Mail, announced Capital One Growth Ventures, Kickstart Seed Fund and other investors added funds to close out the company’s Series C round, which now totals $31 million. As previously announced, Advance Venture Partners (AVP) led PebblePost’s Series C round, which included prior investors RRE, Greycroft, Tribeca Venture Partners, strategic investors, and angels and pioneers in digital media. “PebblePost…

SysAid Announces $30 Million Investment to Deepen Its Commitment to Improving Productivity of IT and Operations in Mid-Market Organizations

The Investment by Leading Tech Growth Fund IGP Will Accelerate SysAid's Growth in the ITSM Market and Beyond SysAid, a leading provider of service desk and IT service management (ITSM) solutions, announced the closing of a $30 million investment by IGP. The investment marks SysAid's first funding round, having operated as a bootstrap company since it was founded in 2002. For more than 15 years, SysAid has simplified on-going operations for IT Professionals and has empowered them to deliver exceptional service amid…

Getty Images announces Investment by Koch Equity Development

KED to Make $500 Million Preferred Equity Investment in the Leading Visual Media Company Getty Images, a world leader in visual communications, has reached an agreement with Koch Equity Development LLC (KED), the investment arm of Koch Industries, whereby KED will make a $500 million non-controlling preferred equity investment in the company. Under the transaction, the Getty family continues to retain control over Getty Images following its acquisition of controlling interest from the Carlyle Group earlier this year. …