Archives

Data-As-A-Service Company Cybersyn Closes $62.9 Million In Series A Led By Snowflake

By Amit Chowdhry ● Apr 18, 2023

Cybersyn - a data-as-a-service company - announced it has raised $62.9 million in Series A funding and emerged from stealth to launch its data-as-a-service (DaaS) offering.

Teamworks Secures $65 Million And Buys ARMS Software

By Noah Long ● Apr 18, 2023

Teamworks announced a $65 million Series E funding round led by Dragoneer Investment Group and the acquisition of ARMS Software.

Claudin-1 (CLDN1) Company Alentis Therapeutics Raises $105 Million

By Dan Anderson ● Apr 18, 2023

Alentis Therapeutics - the Claudin-1 (CLDN1) company - is a clinical-stage biotech developing breakthrough treatments for organ fibrosis and CLDN1 positive tumors. And the company recently announced $105 million in Series C financing.

Acuity Brands To Buy KE2 Therm

By Dan Anderson ● Apr 18, 2023

Acuity Brands recently announced a definitive agreement to buy KE2 Therm Solutions. These are the details.

Predictive Maintenance Software Company Pitstop Raises $3.8 Million

By Annie Baker ● Apr 18, 2023

Pitstop - a fleet maintenance software company that provides powerful AI-driven predictive analytics and insights in an affordable, easy-to-use solution - has announced that it raised $3.8 million in funding.

Why Arch Insurance Acquired Thimble

By Annie Baker ● Apr 18, 2023

Arch Insurance announced it has acquired Thimble, which is a leading insurtech platform for small business customers and agents.

Memrise: Redefining The $115 Billion Global Language Learning Market

By Amit Chowdhry ● Apr 18, 2023

Memrise is a London-based language company that helps people learn a language like they would if they were in-country, through their fully-rounded ‘Learn, Immerse, Communicate’ method. To learn more about the company, Pulse 2.0 interviewed Memrise CEO Steve Toy.

External Threat Landscape Management Company CYFIRMA Closes $18 Million

By Noah Long ● Apr 18, 2023

CYFIRMA announced it has raised a Pre-Series B round of funding from OurCrowd and Larsen & Toubro's L&T Innovation Fund.

Customer-Centric AI Company Distyl AI Raises $7 Million

By Dan Anderson ● Apr 18, 2023

Distyl AI announced a Services Alliance with OpenAI and has closed $7 million in seed funding. This funding round was led by Coatue and Dell Technologies Capital.

How Show Up Show Out Security Plans To Help Connect Cybersecurity Talent With Quality Jobs

By Amit Chowdhry ● Apr 18, 2023

Did you know that there are currently over 3.5 million cybersecurity positions available around the world and more than 500,000 of those jobs are in the US? This is an opportunity that MMA fighter and cybersecurity expert Sedric Louissaint is addressing with the launch of Show Up Show Out Security (SUSOS) - which is launching on April 24.

Market Intelligence Company AlphaSense Raises $100 Million In Round Led By CapitalG

By Amit Chowdhry ● Apr 18, 2023

AlphaSense - a leading market intelligence and search platform - announced a $100 million addition to its $225 million Series D financing round.

Apple Offers 4.15% High-Yield Savings For Apple Card Users

By Amit Chowdhry ● Apr 18, 2023

Apple has announced that it is now offering Apple Card holders a 4.15% high-yield savings account through Goldman Sachs.

Nestment: How This Company Is Making It Easier For People To Buy Property Together

By Amit Chowdhry ● Apr 17, 2023

Nestment is a company that streamlines the co-buying process for groups of friends and family who want to purchase property together. The company helps groups leverage their collective buying power to do so. To learn more about the company, Pulse 2.0 interviewed Nestment CEO and co-founder Niles Lichtenstein.

Financial Services And Brokerage API Company Tradier Raises $24.6 Million

By Dan Anderson ● Apr 17, 2023

Tradier - a leading global retail brokerage firm serving active traders through API-powered platforms and partnerships - announced the closing of a $24.6 million Series B funding round.

Biomanufacturing Company Wheeler Bio Closes $31 Million In Series A Funding

By Noah Long ● Apr 17, 2023

Wheeler Bio - a boutique contract development and manufacturing organization (CDMO) specializing in process development and small-batch CGMP production of therapeutic antibodies - announced the closing of its Series A financing round at $31 million.

Kintra Fibers Raises $8 Million To Develop Biodegradable Polyester

By Annie Baker ● Apr 17, 2023

Kintra Fibers - a materials science company that developed a proprietary bio-based and biodegradable polyester - announced it has successfully raised $8 million in Series A funding in a round led by H&M Group.

Analytics Distribution Company Rupert Raises $8 Million

By Dan Anderson ● Apr 17, 2023

Rupert - a leading analytics distribution platform - announced that it raised $8 million in seed funding. Cortical Ventures and IA Ventures led the funding round with participation by Citi Ventures and Joule Ventures, and data leaders including CEO of AtScale, Christopher Lynch, founders of Stitch Jake Stein and Bob Moore, and other executives from leading data organizations like Snowflake, Looker, Weights & Biases, Snowplow, Alation, and SAP.

ComEd: $963 Million Invested In Diversity-Certified Suppliers In 2022

By Annie Baker ● Apr 17, 2023

ComEd - as part of a longstanding effort to advance equity in the communities it serves - announced it spent $963 million, or 43% of its total supply chain spend, with businesses owned by women, people of color, and veterans in 2022.

MassMutual Announces $100 Million Fund To Invest In Diverse And Overlooked Companies

By Amit Chowdhry ● Apr 17, 2023

Massachusetts Mutual Life Insurance Company (MassMutual) announced that it launched a second MM Catalyst Fund (MMCF) of $100 million to continue investing in Black-led startups and overlooked businesses across Massachusetts, building on the first $50 million fund the company launched just over 2 years ago.

How Journey Steel Is Becoming A Success Story While Giving Back To The Community

By Amit Chowdhry ● Apr 17, 2023

Journey Steel is a certified minority-owned/woman-owned structural and miscellaneous steel fabrication and erection company. And the leadership team of Journey Steel has 60 years of experience in all facets of construction. To learn more about the company, Pulse 2.0 interviewed Journey Steel President Barb Smith.

Social Marketplace Company HUG Closes $5 Million

By Amit Chowdhry ● Apr 17, 2023

HUG – a social marketplace that connects digital art and NFT creators with current and prospective collectors - announced the closing of a $5 million round of seed funding led by DIGITAL, which is a Web3 investment fund founded by Mark Daniel and Benjamin Milstein (aka OhhShiny).

Forensic And Cybersecurity Company CAT Labs Secures $4.3 Million

By Annie Baker ● Apr 17, 2023

CAT Labs – a company that is building forensic and cybersecurity tools to fight crypto-enabled crime – announced it has raised $4.3 million in its pre-seed round led by Castle Island Ventures, Brevan Howard Digital, CMT Digital, and RW3 Ventures.

Legal SaaS Platform Kuberno Raises £3.5 Million

By Noah Long ● Apr 17, 2023

Kuberno – a global legal entity SaaS provider for corporate secretaries, legal teams, and governance professionals - announced the completion of a £3.5 million Series A financing from Nasdaq Ventures.

Precision Medicine Company Function Oncology Raises $28 Million

By Amit Chowdhry ● Apr 17, 2023

Function Oncology - a precision medicine company advancing a CRISPR-powered personalized functional genomics platform to transform the future of targeted cancer treatment - announced its launch with $28 million in Series A financing. The funding was led by a16z and Section 32, with participation from Casdin Capital and Alexandria Venture Investments.

Digital Transaction And Video Verification Company Branddocs Buys TrustCloud

By Noah Long ● Apr 17, 2023

Branddocs - a provider of secure digital transactions and video verification services - has announced it is acquiring TrustCloud, the world's first choreographing platform for secure digital transactions, in a move that strengthens its commitment to building trust and confidence in the digital economy.

Video Editing SaaS Company VideoVerse Buys Reely.ai

By Dan Anderson ● Apr 17, 2023

Leading video editing SaaS company VideoVerse announced its acquisition of Reely.ai, a prominent Esports AI-Powered content creation, and social media distribution company.

Business Management Company DaySmart Software Buys ReCPro

By Amit Chowdhry ● Apr 17, 2023

DaySmart Software - a leading provider of vertically focused business management software - announced the acquisition of R.C. Systems Inc. (a.k.a. ReCPro Software) and veteran provider of recreation management software based in Warren, MI.

ESG Building Intelligence Company Infogrid Raises $90 Million

By Noah Long ● Apr 17, 2023

Infogrid - a leader in sustainability-focused smart building technology - announced it has raised $90 million in fresh equity and converting CLNs, and a further $30 million of debt facilities in Series B funding after 5x growth in 2022.

Price Management And Optimization Company Pricemoov Closes $10 Million

By Annie Baker ● Apr 17, 2023

Pricemoov – a cloud company that powers intelligent pricing decisions - announced it has raised $10 million in its Series A funding round led by ISAI and Bpifrance Digital Venture.

Due Diligence Platform Company Xapien Raises £4.5 Million

By Noah Long ● Apr 17, 2023

Xapien – a deep tech platform that is redefining how organizations understand who they are doing business with - announced that it has closed a £4.5 million round led by YFM Equity Partners and backed by D2 Fund, concluding total seed funding of £6 million.