Archives

Why HITS Corporation Is Acquiring 5i Solutions

By Amit Chowdhry ● Oct 11, 2023

HITS Corporation - a leading provider of information technology services and management - recently announced it is accelerating growth with the acquisition of 5i Solutions in Indianapolis. 5i Solutions offers expertise in transforming digital chaos into streamlined systems.

PAXON Energy: This Leader In Quality And Building Infrastructure Has Grown Over 22,000% In The Last Few Years

By Amit Chowdhry ● Oct 11, 2023

PAXON Energy & Infrastructure is a fast-growing engineering professional services firm in the energy sector. Our proprietary process and business model, coupled with our nationally experienced execution team, allows PAXON to act as a strategic and operational partner for our clients throughout the entire value chain. Pulse 2.0 interviewed PAXON Energy CEO Nooshin Behroyan to learn more.

Lineaje: Offering Continuous Software Supply Chain Security Management In A $3 Billion Market

By Amit Chowdhry ● Oct 11, 2023

Lineaje is a company that provides Continuous Software Supply Chain Security Management to companies that build, buy or use software. Pulse 2.0 interviewed Lineaje co-founder and CEO Javed Hasan to learn more.

Valencell: Incorporating Digital Health Solutions To Prevent And Manage Chronic Diseases

By Amit Chowdhry ● Oct 11, 2023

Rantizo: Spray Drone Services Company Secures Over $6 Million

By Annie Baker ● Oct 11, 2023

Rantizo - a leading operator network for spray drone services - recently announced an expansion of its oversubscribed Series A funding round. The funding round - led by Leaps by Bayer, with Fulcrum Global Capital and Innova Memphis - will enable the new executive team to lean into a new growth strategy for Rantizo.

Daash Intelligence: Retail Market Predictive Intelligence Platform Company Raises $2.75 Million

By Dan Anderson ● Oct 11, 2023

Daash Intelligence, a predictive retail market platform, recently announced closing its $2.75 million seed investment round. Silicon Road Ventures led the funding round with New Stack Ventures, with participation from Red Bike Capital, Willow Growth Partners and OpenSky Ventures. First developed within incubator 100.co, Daash notches a significant milestone with this funding as it aims to transform the commerce intelligence industry through targeting eCommerce, brick & mortar, and direct-to-consumer (DTC) channels.

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.