Archives

TRG Screen Receives Strategic Growth Investment From Vista Equity Partners

By Noah Long ● Oct 11, 2023

TRG Screen - a leading provider of enterprise subscription spend and usage management software - recently announced a strategic growth investment from Vista Equity Partners, a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses. TRG Screen is going to use the capital to accelerate product innovation, talent, and go-to-market functions to meet the growing demand for transparency, compliance, and control of market data and information consumption.

Jingle: $2.9 Million Closed To Enable Local Stores To Go Mobile

By Noah Long ● Oct 11, 2023

Jingle - a platform that enables local stores to go mobile, connect with consumers directly, and do their own deliveries - recently announced that Bessemer Venture Partners has joined its seed round, totaling the amount raised to $2.9 million. Other participants of the round are angel investors.

Akura Medical: $35 Million Raised To Address The Challenges Of Venous Thromboembolism

By Dan Anderson ● Oct 11, 2023

Akura Medical - a Shifamed portfolio company focused on a differentiated approach to effectively address the major challenges of venous thromboembolism (VTE) - recently announced the closing of its $35 million Series B financing. The funding round will be used to apply for FDA 510(k) clearance for the Akura Mechanical Thrombectomy Platform, support clinical trials for additional indications, and scale manufacturing capabilities.

Relocalize: Food & Beverage Industry Autonomous Micro-Factory Company Raises $2.5 Million

By Noah Long ● Oct 11, 2023

Relocalize - the developer of the world's first autonomous micro-factory for the food & beverage industry - recently announced that it has raised US$2.5 million in the initial closing of a US$3.5 million seed round led by i4 Capital and Waterpoint Lane.

Stampli: Accounts Payable Automation Solution Company Raises $61 Million

By Amit Chowdhry ● Oct 11, 2023

Stampli - a leader in AI-powered accounts payable automation - recently announced that it has raised $61 million in a Series D venture funding round led by funds managed by Blackstone, with the participation of existing investors Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital. This funding round takes the total amount raised by the company to over $148 million.

Amperon: AI-Powered Electricity Forecast Company Raises $20 Million

By Annie Baker ● Oct 11, 2023

Amperon Holdings - the leader in AI-powered electricity forecasts - recently announced that it raised $20 million in Series B funding led by Energize Capital. Other participants in this round include the D. E. Shaw group, Veriten, and existing investor, HSBC Asset Management. Two long-time Amperon customers Ørsted and another strategic utility partner also joined the round.

ADP: Corporate Venture Capital Fund Launched

By Amit Chowdhry ● Oct 11, 2023

ADP - a leading global technology company providing human capital management (HCM) solutions - recently announced the launch of its corporate venture capital arm and innovation lab ADP Ventures. ADP Venture's goal is to enhance and strengthen ADP's core business, create offerings in new adjacent segments and geographies, and develop new assets to monetize markets and segments beyond HCM.

Revio: $2.5 Million Raised To Transform Bank Data Into Actionable Opportunities

By Dan Anderson ● Oct 11, 2023

Revio recently announced $2.5 million in Series A venture funding led by BankTech Ventures and EJF Ventures. The funding round will enable Revio to accelerate the adoption of its growth-focused, customer-insights platform. And Revio’s platform enables community and regional financial institutions to identify actionable opportunities to grow relationships and increase customer retention, lifetime value, and profitability.

Vayu Robotics: $12.7 Million Raised To Develop High-Quality Low-Cost Robotics Solutions

By Amit Chowdhry ● Oct 10, 2023

Vayu Robotics - an AI company providing high-quality, low-cost robotics solutions - recently announced the closure of its seed financing round of $12.7 Million led by Khosla Ventures, with participation from Lockheed Martin Ventures, ReMY Investors, and others.

Laudio Ramps Up Marketing And Sales With New Leadership Team

By Amit Chowdhry ● Oct 10, 2023

Laudio - an innovator in frontline leader solutions that drive efficiency and engagement for health systems - recently announced the appointment of Emma Smith as Chief Marketing Officer. And the company also hired Michael Vipond as Executive Vice President of Sales.

Frec: $26.4 Million Raised To Automate Self-Service Investment Products

By Noah Long ● Oct 10, 2023

Frec revealed it has $26.4 million in seed and Series A funding led by Greylock with participation from Social Leverage and others along with other major announcements.

NexGami: Web3 Game Publisher Company Secures $2 Million

By Annie Baker ● Oct 10, 2023

NexGami - a pioneering force in the vibrant landscape of gamefi- recently announced the completion of a $2 million seed funding round, marking a pivotal moment in the company's journey.

Federal Reserve: FedNow Service Now Has Over 100 Participating Organizations

By Amit Chowdhry ● Oct 10, 2023

The Federal Reserve recently announced that the FedNow Service has experienced strong growth following its launch in July 2023, with 108 institutions now sending and receiving on the network.

Helios: $1.85 Million Funding Raised And Cersi Launches

By Amit Chowdhry ● Oct 10, 2023

Helios has secured $1.85 million in pre-seed funding led by Supply Change Capital with participation from January Ventures.

Bonsai Robotics: $13.5 Million Raised To Provide Automation Solutions For Off-Road Environments

By Annie Baker ● Oct 10, 2023

Bonsai Robotics - a company that provides the first computer vision-based automation solutions for harsh off-road environments - recently announced that it has raised a $13.5 million seed round led by Acre Venture Partners.

CTERA Launches Fusion To Provide Unified File And Object Data Access

By Amit Chowdhry ● Oct 10, 2023

CTERA - a leader in distributed cloud file services - recently announced CTERA Fusion, a new capability built into the CTERA Enterprise File Services Platform - providing unified file and object data access. CTERA is the first to introduce a global file system to the marketplace with simultaneous SMB, NFS, and S3 access to the same data set.

Visa: $100 Million Generative AI Ventures Initiative Launches

By Amit Chowdhry ● Oct 10, 2023

Visa recently announced a new $100 million generative AI ventures initiative for investing in the next generation of companies focused on developing generative AI technologies and applications that will impact the future of commerce and payments.

Clear Street: Steve Bisgay Hired As CFO

By Amit Chowdhry ● Oct 10, 2023

Clear Street - a New York-based independent prime broker - recently announced the appointment of Steve Bisgay as Chief Financial Officer (CFO), effective immediately.

Piccolo Medical Closes $5.5 Million For Catheter Guidance Technology

By Dan Anderson ● Oct 10, 2023

Piccolo Medical recently announced the close of a $5.5 million Series B financing led by Event Capital Strategies, a medical technology-focused investment fund based in New York.

Why Tenable Is Buying Ermetic

By Amit Chowdhry ● Oct 10, 2023

Tenable Holdings - an Exposure Management company, recently announced it has closed its acquisition of Ermetic, an innovative cloud-native application protection platform (CNAPP) company and a leading provider of cloud infrastructure entitlement management (CIEM). The deal combines two cybersecurity innovators and marks an essential milestone in Tenable’s mission to shift organizations to proactive security.

Pulumi: Open Source Infrastructure As Code Platform Secures $41 Million

By Amit Chowdhry ● Oct 10, 2023

Pulumi - a leading open source Infrastructure as Code platform - recently announced $41 million in Series C funding led by Madrona with participation from NEA, Tola Capital, and Strike Capital. This funding round brings Pulumi’s total funding to $99 million.

Front Office Sports Receives Investment From RedBird IMI

By Amit Chowdhry ● Oct 10, 2023

Front Office Sports (FOS) - a leading multi-platform media and news organization covering the business of sports - recently announced a strategic investment from RedBird IMI, a joint venture between RedBird Capital Partners and International Media Investments focused on building high-growth companies in media, entertainment, and sports.

Mogrify: $46 Million Raised To Transform Patient Lives With Vivo Reprogramming Therapies

By Annie Baker ● Oct 10, 2023

Mogrify Limited - a biopharmaceutical company transforming patients' lives through a novel class of in vivo reprogramming therapies - recently announced an additional $10 million closing of its Series A financing, bringing the total raised to $46 million in this round.

Cultivate Power: Distributed Solar And Storage Project Developer Secures $10 Million

By Noah Long ● Oct 10, 2023

Cultivate Power - a distributed solar and storage project developer committed to strengthening communities, the grid, and climate stability - recently announced it has secured a corporate equity investment of $10 million from Generate Capital.

Kafene: Point-Of-Sale Financing Platform Company Raises $12.6 Million

By Dan Anderson ● Oct 10, 2023

Kafene - a point-of-sale financing platform that helps offer underserved consumers more flexible purchase options through transparent lease-to-own (LTO) agreements - recently announced it extended its Series B round to include an additional $12.6 million in new equity capital.

PerfectScale: $7.1 Million Raised To Transform Kubernetes Optimization

By Amit Chowdhry ● Oct 10, 2023

PerfectScale - a leader in Kubernetes optimization - recently announced that the company has successfully closed $7.1 million in seed funding led by Blumberg Capital with participation from previous investor UpWest, Prelude Ventures, and additional investors K2 Access Fund, Inner Loop Capital, Triangle Tweener Fund, and Firestreak Ventures. This latest funding round brings the company’s total funding to nearly $10 million since it was founded in March 2022.

Health Data Analytics Institute: $31 Million Secured To Improve Patient Outcomes

By Annie Baker ● Oct 10, 2023

Health Data Analytics Institute (HDAI)— an AI company focused on empowering clinicians, optimizing care pathways, and improving patient outcomes — recently announced an oversubscribed $31 million Series C funding round to scale its predictive risk platform.

AI Clearing: Autonomous Construction Progress Tracking Company Raises $14 Million

By Dan Anderson ● Oct 10, 2023

AI Clearing - an AI-powered autonomous construction progress tracking and quality control platform - recently announced its $14 million Series A funding round.

Qube Technologies: Series B Funding Raised From Riverbend Energy Group

By Dan Anderson ● Oct 10, 2023

Qube Technologies - a global leader in cost-effective and accurate continuous emissions monitoring technology - recently announced it has secured Series B funding from Riverbend Energy Group.

Farther: Wealth Management Firm Raises $31 Million At $131 Million Valuation

By Annie Baker ● Oct 10, 2023

Farther – a leading technology-centric wealth management firm – recently announced the successful closing of its oversubscribed Series B, securing $31 million in investments for the round. This achievement propelled the firm's valuation to $131 million, marking a 2.5x increase compared to its previous valuation – within about one year since the successful completion of its Series A funding round.