Unicorn Nest news
Smart home startup Deako raises $12.5M, says its light switches are becoming ‘industry standard’
– Seattle startup Deako Lighting raised $12.5m in Series B funding.
– The round was led by Columbia Pacific Advisors and joined by Promus Ventures, Alumni Ventures Group, Partech, Innolinks Ventures, and angels.
– The company plans to double its 25-person headcount this year.
Unicorn Nest news
Banzai Raises $15 Million in Venture Debt Financing to Grow its SaaS Event Marketing Platform
– Banzai announced today the successful closing of $15m in venture debt funding.
– The funding was led by Columbia Pacific Advisors and will enable Banzai to expand further to service the company’s ever-growing roster of customers, which includes companies like Nextiva, Red Hat, DataRobot, and Egnyte, along with over 3,000 other customers.
– In the past six months, Banzai has expanded their virtual event and webinar solutions through two critical acquisitions, including virtual event platform High Attendance and browser-based webinar solution Demio.
– The new funding aligns with Banzai’s near-term plan to reach profitability while maintaining a triple-digit growth rate.