Archives

Yurts: Enterprise-Ready Generative AI Platform Company Secures $16 Million

By Annie Baker ● Sep 27, 2023

Yurts - an enterprise-ready Generative AI platform - recently announced a $16 million Series A to support its acceleration into the market. This oversubscribed funding round was led by Nava Ventures, with additional investments from XYZ Ventures, Bloomberg Beta, Mango Capital, and Essence VC.

Why Knowles Is Buying Cornell Dubilier For $263 Million

By Dan Anderson ● Sep 27, 2023

Knowles Corporation - a leading global supplier of high-performance components and solutions, including ceramic capacitors and radio frequency (RF) filters, advanced medtech microphones, and balanced armature speakers and audio solutions - recently announced strategic actions to accelerate its transformation to an industrial technology company focused on higher growth and higher value opportunities. Knowles has entered into a definitive agreement to acquire Cornell Dubilier (CD) in an all-cash transaction.

Virtual Incision: Miniaturized Robotic-Assisted Surgery System Company Closes $30 Million

By Annie Baker ● Sep 27, 2023

Virtual Incision - the developer of the world’s first miniaturized robotic-assisted surgery (RAS) system - recently announced a $30 million extension to its previous $46 million Series C financing. This funding round was led by current investors Bluestem Capital, Endeavour Vision, Baird Capital, cultivate(MD) Capital Funds, PrairieGold Venture Partners, and new health-tech investors Arboretum Ventures and InVivium Capital.

Tabular: Data Platform Company Receives $26 Million In Funding

By Dan Anderson ● Sep 27, 2023

Tabular - the provider of the only independent data platform based on Apache Iceberg- recently announced it has closed a $26M funding round, bringing the total investment in the company to $37 million. This funding round was led by Altimeter Capital, with participation from Andreessen Horowitz, who led the previous funding round, and Zetta Venture Partners.

Why indie Semiconductor Is Buying EXALOS For $45 Million

By Annie Baker ● Sep 27, 2023

indie Semiconductor - an autotech solutions company - recently announced it has entered into a definitive agreement and completed the acquisition of privately held EXALOS AG, a Swiss photonics company specializing in the design of high-performance optical semiconductors.

Boston Scientific To Buy Relievant Medsystems For Over $850 Million: Details

By Noah Long ● Sep 27, 2023

Boston Scientific recently announced it has entered into a definitive agreement to acquire Relievant Medsystems. These are the details.

Johnson Financial Group To Buy The Appleton Group

By Amit Chowdhry ● Sep 27, 2023

Johnson Financial Group (JFG) recently announced they have signed an agreement to acquire The Appleton Group, a registered investment advisor with $210 million in assets under management (AUM) based in Appleton, Wisconsin, at the end of this month.

Giftpack: Global Corporate Gifting Company Completes Seed Round, Bringing Total Raised To $4.3 Million

By Amit Chowdhry ● Sep 27, 2023

Giftpack AI - a leading AI-powered corporate gifting platform - recently announced the completion of a seed round led by Chang Hai Lin, bringing the total raised to $4.3 million.

Cognota: LearnOps Platform Closes $5.5 Million In Funding

By Amit Chowdhry ● Sep 27, 2023

Cognota - a LearnOps platform that facilitates corporate learning and development teams to manage end-to-end operations and measure ROI - announced today the closing of $5.5 million USD in Series A funding.

Slope: Enterprise B2B Payments Platform Company Raises $30 Million

By Amit Chowdhry ● Sep 27, 2023

Slope - a B2B payments platform for enterprise companies - recently announced a $30 million equity round led by Union Square Ventures, with major participation from OpenAI’s Sam Altman. This brings Slope's combined equity and debt funding to $187 million.

Socure: 3-Year Revenue Growth Hits 376% And New CFO Announced

By Amit Chowdhry ● Sep 27, 2023

Socure - a leading provider of digital identity verification and fraud solutions - recently announced that it has achieved 376% revenue growth from 2019 to 2022, and the company appointed seasoned technology leader Aaron Barfoot as the company's new Chief Financial Officer to help drive Socure’s next phase of hypergrowth.

Pliable: $2.5 Million Secured To Simplify The Organization Of Data

By Amit Chowdhry ● Sep 27, 2023

Pliable - an AI-powered SaaS platform that simplifies organizing and utilizing data without an engineer - recently announced that it launched out of stealth with a $2.5 million seed round led by Resolute Ventures, including participation from CEAS, Counterview Capital and other investors.

Medius: Linking Invoice, Processing, And Payment To Manage Accounts Payable In Over A $2.5 Billion Market

By Amit Chowdhry ● Sep 27, 2023

Medius is a company that links invoice capture, processing, and payment to replace the worry and wondering of managing AP with calm and confidence. Pulse 2.0 interviewed Medius CEO Jim Lucier to learn more.

Capital One Healthcare: Discussion With Analyst Don Hooker

By Amit Chowdhry ● Sep 27, 2023

Capital One Healthcare is a unit within Capital One, one of the largest financial institutions in the United States. The division is a lead arranger of healthcare-leveraged loans for credit facilities. Pulse 2.0 interviewed Capital One Healthcare Analyst Don Hooker to learn more about his professional background, his perspective on current sector trends, and Capital One’s role as a leading lender to middle-market healthcare companies.

EchoMark: $10 Million Seed Investment And Launching Of AI-Driven Solution To Keep Information Private

By Amit Chowdhry ● Sep 27, 2023

EchoMark - a company pioneering an unprecedented approach to information protection - announced the public launch of its AI-driven solution to keep private information private. And EchoMark automatically embeds invisible forensic watermarks in emails and documents, enabling source identification within minutes. As the first enterprise-grade software of its kind, EchoMark’s visible watermarking is a proactive deterrent against leaks. EchoMark also announced a $10 million seed investment led by Craft Ventures, accelerating the company’s mission to expand its forensic watermarking technologies across formats and workloads.

Clear Street Hires Former Morgan Stanley Executive Jon Daplyn As Chief Information Officer

By Amit Chowdhry ● Sep 27, 2023

Clear Street - a New York-based independent prime broker - recently announced it has expanded its technology leadership team with the appointment of Jonathan “Jon” Daplyn as Chief Information Officer (CIO) and Hari Godbole as Managing Director and Vice President of Engineering, effective immediately.

NoTraffic: Digitizing The Foundation Of Transportation In A $17 Billion Market

By Amit Chowdhry ● Sep 27, 2023

NoTraffic is a leading mobility platform that has a goal of digitizing the foundation of transportation to improve safety and traffic efficiency while reducing carbon dioxide emissions. Pulse 2.0 interviewed NoTraffic co-founder and CEO Tal Kreisler to learn more.

Revefi: $10.5 Million Raised In Seed Funding And Data Operations Cloud Announced

By Amit Chowdhry ● Sep 27, 2023

Revefi - a zero-touch platform to monitor and manage data quality, performance, and costs - announced today that it has raised $10.5 million in seed funding. And Revefi is disrupting the data observability space with the Revefi Data Operations Cloud.

Discern Security: AI Powered Policy Management Platform Company Raises $3 Million

By Annie Baker ● Sep 27, 2023

Discern Security recently launched with $3 million in funding to enhance performance of cybersecurity tools used by businesses as it builds ties with Fortune 500 enterprises and cybersecurity firms. This funding round was led by a diverse investor consortium including BoldCap, WestWave Capital, Cyber Mentor Fund, Security Syndicate, and influential Global Chief Information Security Officers (CISOs).

Sierra Space: $290 Million Series B, $1.7 Billion Total Funding, $5.3 Billion Valuation, And $3.4 Billion In Customer Contracts

By Amit Chowdhry ● Sep 26, 2023

Sierra Space - a leading commercial space company building the first end-to-end business and technology platform in space with $3.4 billion in customer contracts - recently announced it had closed a $290 million Series B funding round. This funding round brings the company’s total capital to $1.7 billion, the largest ever capital raised by a commercial space company over the combined Series A and B rounds. This milestone elevated Sierra Space’s valuation to $5.3 billion and reaffirmed the company’s position as a leader in the new global space industry.

Cartwheel: $20 Million Raised To Help Schools Address Student Mental Health

By Amit Chowdhry ● Sep 26, 2023

Cartwheel - a platform helping schools tackle the student mental health crisis by delivering affordable evidence-based telehealth services with no waitlist - recently announced that it has raised $20 million in Series A funding led by Menlo Ventures.

AIRNA: $30 Million Secured To Create New Class Of RNA Editing Therapeutics

By Annie Baker ● Sep 26, 2023

AIRNA - a biotech company pioneering RNA editing therapeutics to restore patients' health with rare and common diseases – recently emerged from stealth with a $30 million initial financing led by ARCH Venture Partners. This financing round enables AIRNA’s experienced team to advance a pipeline of RNA editing therapeutics driven by its robust and flexible RNA editing platform RESTORE+TM.

HiBob: HR Platform Company Adds $150 Million In A New Round Of Funding

By Amit Chowdhry ● Sep 26, 2023

HiBob - the company behind 'Bob' HR platform (transforming how organizations operate in the modern world of work) – recently announced it had secured $150 million in new funding in a round that was led by Farallon Capital and included Alpha Wave Global and existing investors.

Alcion: Modern Data Management Company Raises $21 Million

By Noah Long ● Sep 26, 2023

Alcion - a modern data management startup - recently announced it raised $21 million in a Series A funding round, bringing its total funding to $29 million.

Pryon: AI-Based Enterprise Knowledge Management Company Closes $100 Million

By Annie Baker ● Sep 26, 2023

Pryon – a pioneer in bringing AI to knowledge management – recently announced that it closed a $100 million Series B investment led by Thomas Tull’s US Innovative Technology Fund (USIT).

HiddenLayer: AI Application Security Company Secures $50 Million In Funding

By Noah Long ● Sep 26, 2023

HiddenLayer – a leading security provider for AI models and assets – recently announced that it has raised $50 million in Series A funding to expand its talent base, increase go-to-market efforts, and invest in its award-winning Machine Learning Security (MLSec) Platform.

Magnet Biomedicine: $50 Million Raised To Advance Molecular Glue Discovery

By Annie Baker ● Sep 26, 2023

Magnet Biomedicine - a biotechnology company advancing molecular glue discovery with rational selection and design - recently announced a $50 million Series A financing co-led by founding and initial investor Newpath Partners and ARCH Venture Partners. And Magnet is reimagining what is achievable with molecular glues by looking beyond known protein–protein interactions and analyzing the broad protein landscape to pair target proteins with rationally selected presenter proteins to drive therapeutic effects.

ZayZoon: Earned Wage Access Provider Company Closes $34.5 Million

By Amit Chowdhry ● Sep 26, 2023

ZayZoon - the Earned Wage Access (EWA) provider for small and mid-sized businesses - recently announced that it has raised $34.5 million in debt and equity for its Series B financing. The funding round was led by Framework Venture Partners, with co-investment from Export Development Canada (EDC) and participation from ATB Financial and existing shareholders. This funding round will support recruiting efforts and continued growth and innovation for the company.

Take Command: Personalized Health Benefits Company Raises $25 Million

By Amit Chowdhry ● Sep 26, 2023

Take Command - a Dallas-based SaaS platform and leader in the rapidly growing employer sponsored, personalized health benefits space - recently announced it secured $25 million in growth stage financing led by growth equity investor Edison Partners, with participation from current investors LiveOak Venture Partners and SJF Ventures.

Gather AI: This Company Uses Drone-Powered Inventory Monitoring Solutions To Improve Warehouse Visibility

By Amit Chowdhry ● Sep 26, 2023

Gather AI is the world leading autonomous inventory management company. Their solution uses autonomous commodity drones and artificial intelligence (AI) software to automate inventory monitoring for warehouse operators to decrease inventory costs, improve productivity, and boost revenue. Pulse 2.0 interviewed Gather AI Vice President of Customer Success Sean Mitchell to learn more.