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Analytics Artificial Intelligence Document Management Legal Machine Learning North America Software Text Analytics

Evisort Pulls In $35M Series B Round

– 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.

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Analytics Cloud Data Services Cloud Management Information Technology IT Management North America Predictive Analytics

ScienceLogic Raises $105 Million in New Financing to Accelerate Leadership in Growing AIOps Market

– ScienceLogic announced that it has raised $105m in growth financing.
– The round was led by Silver Lake Waterman and included participation from existing investors Goldman Sachs, Intel Capital and NewView Capital.
– The investment will support the company’s continued innovation in the AIOps market and further broaden ScienceLogic’s position within the $30+ billion IT Operations Management software market.
– ScienceLogic’s AIOps market leadership also was recently highlighted by the Forrester Wave, which included ScienceLogic as one of only three firms highlighted as AIOps Leaders – honors that further cement the company’s forward momentum.

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Analytics Artificial Intelligence Big Data Computer Vision Machine Learning Management Consulting Natural Language Processing North America Predictive Analytics

Impact Analytics Raises $11M led by Argentum to Accelerate Growth

– Impact Analytics has raised $11M led by Argentum to accelerate growth
– The company’s industry-leading, next-generation AI-driven technology platform powers SaaS solutions aimed at optimizing the forecasting, planning and merchandising functions for retailers and consumer packaged goods (CPG) manufacturers.
– Impact’s solutions are deployed at leading retailers, including Calvin Klein, Tommy Hilfiger, Puma, JoAnn and Belk.
– Several large private equity firms are actively encouraging their portfolio companies in the retail sector to adopt Impact’s solutions.
– Impact’s decisioning systems also enhance retailers’ sustainability efforts by helping them make more precise merchandising and allocation decisions, reducing waste and their carbon footprint.
– Impact Analytics was founded in 2013 by CEO Shachar Shemesh and CTO Lior Zalmanson.

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Analytics Asia Banking Finance Financial Services Insurance Price Comparison Software

Earnix, the Leader in AI-driven Rating, Pricing and Product Personalization for Insurance and Banking, Announces $75M Growth Funding With a Pre-Money Valuation of $1B to Accelerate Its Global Expansion

– Earnix announced $75M in growth funding with a pre-money valuation of $1B.
– The round was led by Insight Partners, with existing investors JVP, Vintage Partners and Israel Growth Partners joining the round.
– The new funding will fuel Earnix’s global expansion into new market segments and regions, increase investment in product innovation, rapidly accelerate hiring and support M&A activities to further anticipate the needs of a rapidly changing market.
– Leveraging this investment, Earnix will continue to bring transformational value to Insurance and Banking by bridging the gap between financial institutions and the needs of their customers.
– Jonathan Rosenbaum, Principal at Insight Partners, will be joining Earnix’s Board of Directors.

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Analytics Billing Financial Services FinTech North America Software

Digital Engagement Platform Symend Raises $43 Million Series B Extension

– Symend is a digital engagement platform.
– The company raised $43m in Series B+ funding.
– The round was led by Inovia Capital with participation from a consortium of investors, bringing Symend’s total funding to date to over $100m.
– Symend has rapidly accelerated recruitment, growing from 50 people to over 225 in 2020 and expects to double in size in 2021.

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Analytics Compliance Cyber Security Data Integration North America

SPHERE Secures $10 Million in Series A Funding

– SPHERE secures $10m in Series A funding
– The round was led by ForgePoint Capital with participation from security leaders including Omkhar Arasaratnam (former Executive Director, Head of Data Protection Technology at JPMorgan Chase); Joel Caminer (former Global Head of Technology Risk Management and Information Security at TD Securities); Adnane Charchour (former President & CEO at Scivantage) and Sounil Yu (former Chief Security Scientist at Bank of America)
– Don Dixon and Will Lin, Managing Directors at ForgePoint Capital, will join SPHERE’s board of directors.
– SPHERE is a woman-owned cybersecurity business focused on providing best-of-breed software and services for access governance across data, platforms and applications.

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Analytics Consumer Reviews Customer Service North America Property Management Real Estate Reputation SaaS Software

Opiniion Raises $3M in Financing

– Opiniion is a software company based in Lindon, Utah.
– The company raised $3m in funding.
– The round was led by the Frazier Group, with participation from RET Ventures, AIM Ventura Capital and Tamarak Capital Partners.
– The funding will be used to continue to expand operations and business reach.

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Analytics Asia Internet Marketing

Oribi raises $15.5 million to challenge Google Analytics with no-code marketing insights

– Oribi, a no-code marketing analytics tool, has raised $15.5 million in a series B round of funding led by Ibex.
– The raise comes amid something of a boom for low-code/no-code platforms, spanning everything from web development and enterprise app building to web testing, game development, and process automation.
– Oribi lets users generate reports to share with managers or anyone else in the team, which can be customized to include logos, different colors and layouts.
– Oribi is all about bypassing long and resource-intensive integrations, and democratizing marketing analytics.

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Analytics Artificial Intelligence Big Data Business Intelligence Europe

Peak AI nabs $21M for a platform to help non-tech companies make AI-based decisions

– Peak AI, a startup out of Manchester, England, is announcing some funding for a platform that it believes can help.
– The Series B is being led by Oxx, with participation from past investors MMC Ventures and Praetura Ventures, as well as new backer Arete.
– It has raised $43m to date and is not disclosing its valuation.
– The funding will be used to continue expanding the functionality of its platform, adding offices in the U.S. and India, and growing its customer base.

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Analytics Cloud Infrastructure Data Integration Information Technology North America PaaS SaaS

Distributed Data And Code Sharing Platform Vendia Raises $15.5 Million

– Vendia is a serverless, distributed data and code sharing platform.
– The company raised $15.5m in Series A funding.
Canvas Ventures led the round and was joined by BMW i Ventures, Sorenson Ventures, and Vendia’s seed stage investors.
– Vendia is now open to all developers at no cost.

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