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Vertex Ventures

Very Good Security (VGS) Announces $35 Million Series B

VGS Accelerates Its Mission to Build the Future of Data Privacy and Security, Adds Goldman Sachs as Investor Very Good Security (VGS) announced today that it has raised $35 million in Series B funding led by Goldman Sachs’ Merchant Banking Division with participation from existing investors, including Andreessen Horowitz and Vertex Ventures US. “VGS provides specialized SaaS infrastructure to make it easy for developers and businesses to achieve their objectives while offloading the risk that comes with data…

OwnBackup Closes $23.25 Million Investment to Continue Global Expansion of Its Cloud-to-Cloud Backup and Recovery Platform

Meets Mounting Cloud Data Compliance Concerns and Grows International Leadership Team OwnBackup, a leading cloud-to-cloud backup and recovery vendor, announced the close of a $23.25 million Series C round of financing co-led by Insight Venture Partners and Vertex Ventures. Existing investors Innovation Endeavors, Oryzn Capital and Salesforce Ventures also participated in the round. The company also announced the aggressive expansion of its international leadership team and general availability of OwnBackup Archiver, which…

Verbit Raises $23 Million in Series A Funding Round

Latest Round Brings Verbit's Total Capital Raised to $34 Million Since Its Founding Two Years Ago Verbit, the leading transcription and captioning solution, announced the close of a $23 million Series A round led by Viola Ventures, with participation from Vertex Ventures, HV Ventures, Oryzn Capital, Vintage Venture Partners, and Clal-Tech. This latest round of financing brings Verbit’s total funds raised to $34 million, following an $11 million seed round. Verbit will use the latest investment to support its global growth…

Customer Experience Platform CloudCherry Raises $9 Million in Series A Funding

Funds Will Be Used to Accelerate Growth and Further Expand Predictive Capabilities CloudCherry, the Customer Experience Management (CEM) platform that combines customer journey mapping, out-of-the-box integrations, and predictive analytics to provide unparalleled speed-to-insight, announced they have raised $9 million in Series A funding. The investment is led by Pelion Venture Partners with additional funds coming from existing investors: Cisco Investments, Vertex Ventures and IDG Ventures India. Donald Tucker, Head of…

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…