- Devo Technology, a startup developing cloud logging and cybersecurity products, announced that it raised $250 million in a series E funding round valuing the company at $1.5 billion. - TCV led the investment along with General Atlantic, Eurazeo, Bessemer Venture Partners, Insight Partners, Georgian, and Kibo Ventures, which brings Devo’s total funds raised to more than $400 million. - CEO Marc van Zadelhoff says that the money will be put toward “aggressive growth” across new regions and verticals and “significantly increas[ing] investment” in channel expansion and product R&D.

– Matillion, a startup that helps companies harness their data, raised $150m in funding.
– The round was led by General Atlantic and joined by Battery Ventures, Sapphire Ventures, Scale Venture Partners and Lightspeed Venture Partners.
– The company has hundreds of enterprise customers, including Western Union, FOX, Sony, Slack, National Grid, Peet’s Coffee and Cisco.
– The startup was founded in Manchester (it now also has a base in Denver), and this makes it one of a handful of tech startups out of the city — others we’ve recently covered include The Hut Group, Peak AI and Fractory — now hitting the big leagues and helping to put it on the innovation map as an urban center to watch.

– Transmit Security announced that Citi Ventures and the Goldman Sachs have joined the company’s most recent $543m Series A funding round, setting a new record in investment history as the largest Series A investment in cybersecurity.
– The Series A round was led by Insight Partners and General Atlantic with additional investment from Cyberstarts, Geodesic, SYN Ventures, Vintage, and Artisanal Ventures.
– Previously bootstrapped, Transmit Security’s Series A funding round brings the company’s pre-money valuation to $2.2bn.
– Transmit Security will use the funding to increase the company’s global reach, expand its operations, and accelerate the company’s mission to help the world go passwordless.

– Panorama Education, a K-12 education software platform, raised $60m in a Series C round of funding.
– The round was led by General Atlantic and joined by existing backers Owl Ventures, Emerson Collective, Uncork Capital, the Chan Zuckerberg Initiative and Tao Capital Partners.
– The company now serves 13 million students in 23,000 schools across the United States.
– It has more than 1,500 school districts among its customers.

– Chime is a San Francisco, CA-based fintech company which provides mobile banking services via regional banks.
– The company raised $750m in funding.
– The round was led by Sequoia Capital Global Equities and attracted new investor – SoftBank’s Vision Fund 2 as well as existing investors General Atlantic, Tiger Global and Dragoneer Investment Group.
– The new investment will be aimed at expanding the company’s business reach.

– Chrono24 is a digital marketplace for new and pre-owned luxury watches.
– The company raised €100m in Series C funding.
– The round was led by General Atlantic with participation from Aglaé Ventures, the technology arm of the Arnault family’s investment company and existing investors Insight Partners and Sprints Capital, as well as Felgner and Kniewasser.
– The new investment will be used to continue to scale internationally and deepen its presence in existing markets, enhance its user experience, and augment its global team with additional talent.

– Trendyol, an e-commerce platform based in Turkey, raised $1.5bn funding.
– The round was led by General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority.
– The company plans to continue investing in nationwide infrastructure, technology and logistics and toward accelerating digitalization of Turkish SMEs.

– Crehana, a leading education technology platform for companies and individuals focused on closing the reskilling and upskilling gap in Latin America, announced that it has raised $70M in a Series B round led by General Atlantic.
– This round represents Latin America’s largest Series B funding for an education technology company.
– Crehana will leverage the funding to expand its enterprise solution, launch operations in Brazil, and invest in new products and technologies.
– Crehana seeks to deliver a fruitful learning experience. The company is focused on the quality and delivery of its courses, controlling the entire value chain from the sourcing of instructors to production, distribution, and consumption of content.

– VNLIFE has raised over $250m in a Series B funding round led by General Atlantic and Dragoneer Investment Group, with participation by PayPal Ventures and EDBI.
– Existing investors GIC and SoftBank Vision Fund 1 also participated in the round.
– The investment is expected to accelerate the growth of VNLIFE’s existing businesses and support its development of new platforms and technologies to better serve its merchant partners and Vietnamese consumers.
– VNLIFE intends to use the funding to further capitalize on the vast market opportunities in an increasingly digital Vietnam by continuing to expand its sustainable, diversified and multi-disciplinary digital ecosystem.

– Atera, a remote monitoring and management (RMM) platform for IT teams, has raised $77 million in a series B round of funding led by General Atlantic.
– RMM is a category of software used by managed service providers (MSPs) and other IT professionals to control and oversee entire IT systems, including servers, desktop machines, network devices, and more.
– Atera’s software can help companies proactively address issues before they impact a customer, including automatically deploying security patches or detecting new devices on a network to install the necessary monitoring agent.
– It also supports remote access for IT troubleshooting, which is particularly notable at a time when the world has transitioned to a semi-permanent state of remote work, along with related help desk management and ticketing for prioritizing and managing any kind of IT issue.

– Dixa is the leading customer engagement platform, empowering brands to stay connected with customers in a simplified and seamless environment across new and existing touchpoints.
– Dixa has raised $105m in Series C funding led by General Atlantic, with participation from Notion Capital, Project A and Seed Capital.
– Dixa will use the new funds to invest in product development, including potential new acquisitions, and plans to quadruple the engineering team by the end of 2022.
– Dixa has offices in Copenhagen, London, New York, Berlin, Kyiv, Tel Aviv and Melbourne.
– Dixa enables brands to stay connected with customers, wherever they are, in a simplified and seamless environment across new and existing touchpoints such as messaging, live chat, email or voice.
– Dixa is empowering brands to continuously stay true to their values.

– Pendo from Raleigh, NC, provides a solution for companies to bridge the gap between how users expect software to work and their experience actually using it.
– Series F $150m round led by B Capital Group with participation from Silver Lake Waterman and existing investors Battery Ventures, Meritech Capital Partners, Sapphire Ventures, General Atlantic, Tiger Global Management, FirstMark Capital, Geodesic Capital, IDEA Fund Partners and Contour Venture Partners.
– The new investment will be used to accelerate global expansion, strategic acquisitions and continued innovation in the platform.

– Spendesk is a Paris, France-based spend management platform for finance teams.
– The company raised €100M in Series C funding.
– The round was led by General Atlantic with participation from previous investors Index Ventures and Eight Roads Ventures.
– The new funding will be used to hire talent, accelerate product innovation, and expand in Europe.

– Tilting Point, a leading free-to-play games publisher, has raised $235m in the company’s first-ever equity financing.
– The funding was led by General Atlantic, a leading global growth equity firm, with participation from strategic investor Red Ventures and Kamerra.
– The company will use the investment to accelerate its progressive publishing model by signing more developers in live publishing, co-developing more titles, acquiring more studios and partnering with developers on top IP launches.
– Tilting Point will also leverage the funding to continue to expand across geographies, platforms and audiences.
– With this new financing, Tilting Point aims to further expand its global reach by growing in strategic international markets like South Korea and China.

– Klar, a leading digital financial services platform providing a transparent, free and secure alternative to traditional debit and credit services in Mexico, announced its Series B funding round, subject to applicable regulatory approvals, including clearance of the Mexican Banking and Securities Commission (CNBV) and the Mexican Economic Competition Commission (COFECE).
– General Atlantic, a leading global growth equity firm, led the round with participation from existing investors Prosus Ventures, Quona Capital, Mouro Capital, International Finance Corporation and WTI.
– The funding will be used to strengthen Klar’s efforts to broaden access to consumer credit as Mexico’s transition to a digital economy accelerates through product and proprietary technology expansion.
– Founded in 2019, Klar’s vision is to become the primary financial services platform of its users by offering a full suite of products.

– French startup ManoMano has raised $355m funding.
– The round was led by Dragoneer Investment Group and joined by Temasek, General Atlantic, Eurazeo, Bpifrance’s Large Venture fund, Aglaé Ventures, Kismet Holdings and Armat Group.
– The company operates an e-commerce platform focused on DIY, home improvement and gardening products.
– It is currently available in six European countries.
– Following today’s funding round, the company has reached a valuation of $2.6 billion.

– Articulate Global, LLC, a market-leading SaaS provider of online training tools and e-learning authoring apps for the new world of work, announced a $1.5 billion Series A funding round led by General Atlantic, a leading global growth equity firm, and joined by funds managed by Blackstone Growth and ICONIQ Growth.
– Bootstrapped by founder and CEO Adam Schwartz in 2002, today’s fundraise is Articulate’s first source of institutional capital, and the company is now valued at $3.75 billion in one of the largest Series A rounds ever.
– With these new partnerships, Articulate will aim to further accelerate its growth and scale internationally.

– Gympass, the largest corporate wellbeing platform, today announced the new investment round of $220M.
– The new investment made by Softbank, General Atlantic, Moore Strategic Ventures, Kaszek and Valor Capital Group.
– As people flock back to the gym, Gympass has seen its valuation more than double to $2.2B, reflecting the increased importance of wellbeing for companies.

– Transmit Security, a Tel Aviv, Israel- and Boston, MA-based Identity Experience company, raised $543m in Series A funding.
– The round was led by Insight Partners and General Atlantic, with participation from Cyberstarts, Geodesic, SYN Ventures, Vintage, and Artisanal Ventures.
– The new investment will be used to increase the company’s reach and expand its primary business functions, investing in key global areas in order to grow the organization.

– Guideline, a leading provider of easy, affordable retirement plan solutions for small-and-medium-sized businesses (SMBs), announced it has raised $200M in new funding led by General Atlantic, a leading global growth equity firm.
– Existing investors Generation Investment Management, Greyhound Capital, Felicis Ventures, Propel Ventures and others also participated.
– Guideline plans to use the funds to further scale its offering of full-service 401(k) plans, as well as introduce new retirement plan solution products.
– Founded in 2015 by CEO, Kevin Busque, CPO, Jeremy Caballero, and CTO, Mike Nelson, Guideline’s mission is to help everyone arrive at a safe, secure retirement, whether they are a small business owner, an employee or are self-employed.

– Fresha announced a $100m Series C investment led by General Atlantic with strategic participation from Huda Kattan of HB Investments and the founder of Huda Beauty, as well as Michael Zeisser of FMZ Ventures, former Chairman Investments at Alibaba Group, and Jonathan Green of Lugard Road Capital.
– Fresha’s existing global investors Partech, Target Global and FJ Labs also participated in the round, bringing the company’s total fundraising to $132m to date.
– Fresha will leverage the new funds to further broaden its global community of partner salons and spas, scale product development, deepen its marketplace bookings and pursue strategic M&A.

– FlixMobility is a Munich, Germany-based provider of a transportation app.
– Series G $650m round was led by Canyon Partners with participation from existing investors General Atlantic, Permira, TCV, HV Capital, Blackrock and Baillie Gifford.
– The company intends to use the funds to expand its network in the US, the UK and Portugal its position in Turkey, France and Eastern Europe, and grow into new markets.

– Genesis MedTech Group from Singapore completed a Series B growth financing of undisclosed amount.
– The round was led by General Atlantic with participation from CITIC Capital and the majority of shareholders from Series A.
– The company intends to use the funds to drive the research and development of new products and the commercialization of existing products, as well as enable business expansion in emerging markets around the world.

– Back Market is a Paris, France-based premier refurbished marketplace dedicated to electronics.
– The company raised €276m in Series D funding.
– The round was led by General Atlantic with support from Generation Investment Management and existing investors Aglaé Ventures, Eurazeo, Goldman Sachs Growth Equity and daphni.
– The new investment will be used to consolidate the company’s position as a dedicated marketplace in refurbished electronics.

– French startup OpenClassrooms has raised $80m funding.
– The round was led by Lumos Capital Group and joined by GSV, CZI, and Salesforce Ventures.
– Existing investors General Atlantic and Bpifrance also participated in the round.
– The company operates an online education platform in French and English.
– Users can choose among 54 training programs and get a diploma at the end of the program.
– The company guarantees that you’ll find a job.
– In 2020, 4,300 students found a job or received a promotion after participating in an OpenClassrooms program.

– Zoomin is a New York-based provider of knowledge orchestration solutions.
– The company raised $52M in Series C funding.
– The round was led by General Atlantic, with participation from returning investors Bessemer Venture Partners, Salesforce Ventures and Viola Growth.
– The new investment will be used to further fuel its go-to-market strategy and to expand its product offering and analytics to a wider range of enterprise organizations.

– Staffbase, a provider of an intranet-style internal communications platform, raised $145m funding.
– The round was led by General Atlantic and joined by existing investors Insight Partners and e.ventures.
– The company has managed to onboard more than 1,000 clients, including Adidas, Audi, BHP, Deutsche Post DHL, Groupon, Hitachi, Ikea, Johns Hopkins University, McKesson, Paulaner, Suncor, Viessmann and Volvo.
– The company merged with Bananatag, the Canadian provider of internal communications solutions in early March this year.

– Squarespace, a NYC-based website building and ecommerce platform, raised approximately $300m in funding at an enterprise valuation of $10b.
– The round includes new investors Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House with participation from existing investors Accel and General Atlantic.
– The company intends to use the funds to expand operations and its business reach.

– Coalition is a provider of cyber insurance and security.
– The company raised $175m in funding.
– The round was led by Index Ventures with participation from General Atlantic and existing investors.
– The new funding will be used to accelerate the company’s global expansion and development of new products.

– Biotheus announced the completion of a fourth round of financing, co-led by General Atlantic and IDG Capital.
– New investors include Kunlun Capital, CPE, and Cowin Capital.
– Biotheus is a clinical development stage company with the mission of treating cancer and autoimmune diseases through next-generation therapeutics.
– This is supported by the company’s product pipeline, which consists of over 10 novel monoclonal and multispecific antibodies.
– Biotheus currently has two bispecific antibodies in phase I clinical development for cancer treatment, and a third IND application was submitted at the end of 2020.

– Evisort from Silicon Valley today announced $35M in Series B funding following a year of 4x revenue growth.
– Global growth equity investor General Atlantic led the round, with participation from existing investors Amity Ventures, Microsoft’s venture fund M12, and Vertex Ventures.
– General Atlantic‘s Operating Partner and former GE CIO Gary Reiner will join Evisort as a board member.
– The company will use the funds to grow its customer success team, expand its platform to include more workflow-specific offerings, and continue to push the boundaries of its pre-trained AI.