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Analytics Big Data Information Services Market Research North America Productivity Tools Text Analytics

Viable Raises $3.9M in Funding

– Viable is a San Francisco, CA-based analytics startup using artificial intelligence to automate text analysis of customer feedback.
– The company raised $3.9m in pre-seed and seed funding.
– The round was led by Craft Ventures and Javelin Venture Partners.
– The company intends to use the funds to bring to market its qualitative feedback analysis AI tool.

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Big Data Cloud Data Services Enterprise Software North America Open Source Software

Original Creators of Apache Pulsar Raise $23M Series-A for StreamNative, Round Led by Prosperity7 Ventures

– StreamNative, the unified messaging and streaming platform founded by the original developers of Apache Pulsar®, announced it has raised $23 million in its Series-A
– The round led by Prosperity7 Ventures, the diversified growth fund of Aramco Ventures, and followed by their seed investors.
– The company brings an unmatched team of Pulsar leadership and developer expertise and provides a platform to enable companies to manage the entire lifecycle of data in any cloud environment across the enterprise.

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Analytics Artificial Intelligence Australia and Oceania Big Data Health Care Information Technology Machine Learning Pharmaceutical Predictive Analytics

Prospection Secures $45 million to Accelerate Growth of its Powerful Healthcare Insights Technology

– Prospection has successfully raised $45m from institutional investors in a Series B round, cornerstoned by new investor Ellerston JAADE with participation from existing shareholders Main Sequence and Horizons Ventures.
– Prospection uses real world data, powering evidence to deliver better patient outcomes. Its powerful AI algorithms follow millions of de-identified patients over time to search for patterns in their health and treatment journey. Uniquely, these algorithms can ingest multiple longitudinal patient and commercial datasets globally from varied sources such as governments, insurers, healthcare providers/institutions and health records, to produce rich and accurate insights at high speed.
– These datasets are turned into actionable, medical insights to help determine the best treatment plan for a patient, locate patients who would benefit from improved therapeutic decisions and be written into publishable evidence for scientific journals.

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Analytics Artificial Intelligence Big Data Insurance InsurTech Machine Learning North America SaaS Software

Kalepa Raises $14M In Series A Funding

– Kalepa is a NYC-based commercial insurance platform provider.
– Company raised $14m in Series A funding.
– The round was led by Inspired Capital, with participation from previous investor IA Ventures, as well as Gokul Rajaram of Doordash, Coinbase, and formerly of Google, Jackie Reses, formerly of Square, and Henry Ward of Carta.
– The new investment will be used to grow the team four-fold over the next year, with an emphasis on engineering, data science, and insurance talent.

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Big Data Cloud Computing Life Science Software Western Europe

Seqera Labs grabs $5.5M to help sequence COVID-19 variants and other complex data problems

– Seqera Labs, a Barcelona-based data orchestration and workflow platform tailored to help scientists and engineers order and gain insights from cloud-based genomic data troves, as well as to tackle other life science applications that involve harnessing complex data from multiple locations, has raised $5.5 million in seed funding.
Talis Capital and Speedinvest co-led this round, with participation also from previous backer BoxOne Ventures and a grant from the Chan Zuckerberg Initiative.

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Analytics Big Data Cloud Data Services Database Enterprise Software North America Software

SingleStore Fuels Triple-Digit Cloud Growth with $80M in New Funding

– SingleStore, the single database for all data-intensive applications, announced that it has raised $80m in its Series F round.
– The round was led by Insight Partners with participation from new investor Hewlett Packard Enterprise.
– Existing investors Khosla Ventures, Dell Technologies Capital, Rev IV, Glynn Capital, and Google Ventures also participated.
– SingleStore indicated that the 300%+ increase in new customer acquisition for its cloud service and 150%+ year-over-year growth in cloud revenue led to raising a new round to continue to power innovation and growth.
– The Series F round brings SingleStore’s total funding to $264m.

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Artificial Intelligence Big Data Health Care Health Diagnostics Machine Learning Medical Medical Device Software Software Engineering Western Europe

contextflow Raises €6.7M in Series A Funding

– contextflow from Vienna develops artificial intelligence for medical image analysis.
– A second closing included an additional €2M from new co-investor Peak Pride Management GmbH, HPH (Hans Peter Haselsteiner) Start-up Unit and current investor APEX Ventures with its “APEX Best in Class” fund. A first closing was led by B&C Innovation Investments GmbH (BCII) and included participation from new co-investor TTIP Beteiligungs GmbH and current investors APEX Ventures, Crista Galli Ventures, IST cube, Nina Capital and Novacapital.
– The new investment will be used to accelerate market entry in Europe and the US, including obtaining FDA clearance for contextflow SEARCH Lung CT, as well as extending its offerings to include new products and features covering a wider range of organs and modalities.

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Analytics Big Data Education North America SaaS

Panorama raises $60M in General Atlantic-led Series C to help schools better understand students

– 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.

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Advertising Analytics Big Data Business Intelligence Enterprise Software Fraud Detection North America Security

Marketing compliance firm Pixalate raises $18.1M

– Pixalate, the advertising analytics firm based in Palo Alto and London, announced a new round of $18.1 million of growth capital, increasing the total investment to date to $22.7 million.
– It plans to expand its tracking work to help enterprise organizations deliver better legal compliance and data privacy in the age of extreme AI-generated attacks and bot-directed ad fraud.
– Enterprise organizations lose millions in ad revenue thanks to fraud and bad actors. Detecting those kinds of behaviors has grown harder as fraudsters deploy better tools like so-called “headless browsers” such as Puppeteer. These tools were originally created to help programmers test their work, but they make it simple to write bots that visit the same pages and click on ads.

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Analytics Artificial Intelligence Big Data Business Intelligence Machine Learning Western Europe

Peak, a managed AI platform for enterprise, nabs $75M

– Peak, a U.K.-headquartered company offering AI-powered enterprise decision support software, announced that it closed a $75 million series C.
– The tranche, which was led by SoftBank Vision Fund 2 with participation from MMC Ventures, Oxx, Praetura Ventures, Arete, and Octopus Ventures, brings Peak’s total raised to date $119 million.
– The growth potential of AI has become increasingly clear as companies embrace automation and analytics.
– The global AI market value is expected to reach $267 billion by 2027, according to one source, and PricewaterhouseCoopers reports that 25% of companies have adopted AI compared with 18% in 2020.

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Big Data Business Intelligence Information Services Market Research Marketplace Western Europe

Atheneum nabs $150M to build out its ‘research as a service’ platform for virtual surveys and interviews

– Atheneum, a platform for companies to conduct and analyze research sourced through virtual interviews and surveys with stakeholders, has raised $150m funding.
– The funding was led by Guidepost Growth Equity with participation from unnamed limited partners, existing investors Crosslantic Capital Management, Michael Brehm and Vogel Communications Group, and Atheneum’s founding management team.
– The startup was founded in Berlin a little over a decade ago and now has a second base in New York.
– It is already profitable.

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Big Data Information Technology North America Real Time Software

Cribl Raises $200M in Series C Funding

– Cribl from San Francisco develops an Observability Pipeline to provide real-time visibility into the data center.
– Series C $200m round led by Greylock and Redpoint Ventures, with participation from new investor IVP, existing investors Sequoia and CRV, and strategic backers Citi Ventures and CrowdStrike.
– The company intends to use the funds to expand operations and its business reach.

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Artificial Intelligence B2B Big Data Latin America Machine Learning Procurement SaaS

WherEX Raises $7M in Series A Funding

– WherEX is a Santiago, Chile-based e-sourcing company.
– The company raised $7M in Series A funding.
– The round was led by Kayyak Ventures with participation from FJ Labs, Jaguar Ventures and Tuesday Capital.
– The new investment will be aimed at expanding to LatAm and the US market.

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Autonomous Vehicles Big Data Information Technology Insurance North America Software

Koop Technologies Raises $2.5M in Seed Funding

– Koop Technologies, a Pittsburgh-based insurance technology startup specializing in autonomous vehicle and robotics risks, raised $2.5M in seed funding.
– The round was led by Ubiquity Ventures, out of Palo Alto, CA, along with Bee Partners, Sure Ventures, WestWave Capital, and a number of strategic angel investors.
– The company intends to use the funds to bring its data-driven insurance platform to more customers in the autonomous vehicle and robotics industries.

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Artificial Intelligence Big Data Financial Services FinTech Machine Learning North America

Aiera Lands Strategic Capital

– Aiera is the only LIVE event monitoring & financial search platform covering all available Wall Street events, providing real-time transcription, one-click audio, DVR-style live audio controls, smart document search, dynamic alerts, and seamless team collaboration via bookmarks and note taking.
– The company announce about closing of a strategic round.
– Backers include Citigroup, Franklin Templeton, and Fin Venture Capital.

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Automotive Big Data Car Sharing Information Technology Latin America Rental Transportation

Brazil’s Kovi closes $104M Series B to make car ownership ‘more inclusive’ in LatAm

– São Paulo-based Kovi raised $104m in Series B funding.
– The round was led by Valor Capital Group and Prosus Ventures, and joined by Quona, Broadhaven Ventures, GFC, Monashees, UVC Investimentos, PIPO, Norte, Maya Capital and Globo Ventures.
– The company also recently closed on a $20m debt facility.
– It is not yet a unicorn, according to execs, who declined to reveal valuation.

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Artificial Intelligence Big Data Computer Vision Health Care Image Recognition Machine Learning North America SaaS

Techcyte Closes $21 Million Funding Round

– Techcyte Inc. closed a $21m funding round to accelerate commercialization of its digital clinical pathology platform.
– Techcyte’s clinical pathology platform is a complete solution for digital slide management and image analysis, including a slide viewer, lab workflow and integration with whole slide scanners and lab information systems.
– It is HIPAA compliant and received the CE mark in 2020. An FDA clinical validation study is close to completion and will be submitted to the FDA by the end of the year.
– Techcyte is a spin-out of ARUP Laboratories, a leading reference lab in the US.

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Big Data Developer Tools North America SaaS Software

Split Raises $50 Million Series D Funding to Power Data-Driven Innovation in Software Development for Global Enterprises

– Split, the leading feature delivery and experimentation platform, announced $50m in Series D funding led by Owl Rock.
– The round was also joined by Northgate Capital and existing investors including Accel, Lightspeed Venture Partners, Harmony Partners, Microsoft’s venture capital fund M12, Atlassian Ventures, and ServiceNow.
– This latest round of investment brings Split’s total funding to $110m of which $83m was raised within the past year.

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Advertising Big Data Information Technology Privacy Security Western Europe

InfoSum Raises $65 Million Series B to Build the Next Generation of Data Collaboration

– InfoSum announced a $65m Series B financing round.
– The round was financed by Chrysalis Investments.
– The company will use the new funds to accelerate hiring across every aspect of the business, expand into new regions, and further the development of its platform.
– InfoSum has already set the industry standard for private and secure data collaboration.
– The company’s approach to customer data collaboration, called the ‘non-movement of data,’ has been validated by leading businesses increasingly focused on privacy, security, and the creation of owned customer identity platforms.
– Global enterprises rely on InfoSum to power privacy-safe data collaboration that drives better customer experiences, connecting customer records between and amongst companies, without ever sharing data.

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Big Data Financial Services FinTech North America Software

Pngme Raises $15M in Series A Funding

– Pngme is a San Francisco, CA-based financial data infrastructure and machine learning-as-a-service platform.
– The company raised $15m in Series A funding.
– The round was led by Octopus Ventures with participation from Lateral Capital, Unshackled Ventures, Raptor Group, EchoVC, Future Africa, Two Small Fish Ventures, and a group of individual angel investors including RallyCap’s Hayden Simmons, Plaid’s Dan Khan, former COO of RBC Capital Markets Richard Talbot, and Intersect VC’s Kyle Ellicott among others.
– The company intends to use the funds to expand its executive team with the hiring of Lorraine Kageni Maina as Chief Strategy Officer and Nick Masson as Chief Technology Officer.

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Apps Big Data Mobile Apps North America Predictive Analytics Travel

Hopper Raises $175M in Series G Funding

– Hopper is a mobile-first travel marketplace which leverages massive amounts of data and machine learning to develop fintech solutions for customers to travel and save money.
– The company completed a $175m Series G financing.
– The round was led by GPI Capital with participation from Glade Brook Capital, WestCap, Goldman Sachs Growth and Accomplice.
– The new investment will be used to continue to expand operations and its business reach and customer support.

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Advertising Analytics Artificial Intelligence Big Data Data Visualization Marketing SaaS Western Europe

Adverity Secures $120M From SoftBank Vision Fund 2 as Demand for Marketing Analytics Booms

– Adverity has closed a $120m Series D financing round led by SoftBank Vision Fund 2.
– The round also includes participation from the company’s existing investor Sapphire Ventures.
– The company is the rapidly growing marketing analytics platform.
– Adverity’s mission is to transform marketing performance through intelligent data-driven insights.
– Adverity has seen a 120% client uplift in the last 12 months amid an expanding portfolio of global brands and agencies that include IKEA, Red Bull, Unilever, MediaCom, and Vodafone.
– This follows the best quarter in company history, a compound annual growth rate of 105% in the past four years, and a rapidly growing global team that has increased in size by 300% since 2019.

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Artificial Intelligence Big Data Computer Enterprise Software Intelligent Systems Internet Machine Learning Natural Language Processing Software South Asia

Conversational AI Leader Senseforth.ai Raises $14 Million from Fractal

– Senseforth.ai announced a $14m investment from Fractal, a global provider of AI and analytics solutions to Fortune 500 companies.
– This investment will help Senseforth.ai scale and expand its footprint across Fractal’s clients globally.
– This investment also strengthens Fractal‘s conversational AI offerings as it advances on its mission to power every human decision in the enterprise.

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Association Big Data Enterprise Software Government Information Technology Mobile Non Profit North America Software

Esper Raises $8M in Series A Funding

– Esper is a govtech startup from Austin, TX.
– Company raised $8M in Series A funding.
– The round was led by Cota Capital with participation from 8VC, Gaingels, and Stand Together Ventures Lab.
– The investment will be aimed at expanding the company’s operations and business reach across the U.S. state and federal market.

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Artificial Intelligence Big Data Biotechnology Clinical Trials Enterprise Enterprise Software Health Care Life Science Machine Learning North America Pharmaceutical

Intelligencia Raises $12M to Reduce the Risk of Clinical Research, Improve R&D Productivity, and Accelerate Scientific Breakthroughs

– Intelligencia, whose AI-driven software platform enables pharmaceutical and biotechnology companies to revolutionize the drug development process and reduce risk, has raised $12M in order to continue to expand its product offering and customer base.
– Healthtech investor MTIP led the oversubscribed Series A round, joined by several of the company’s existing investors, including Big Pi Ventures and Synetro Group. ZS, a global professional services firm that leverages deep analytics and biopharmaceutical industry expertise to help companies and their customers thrive, has also participated in this round.
– The company’s founders, Dimitrios Skaltsas and Vangelis Vergetis, met while at McKinsey & Company, and have spent more than a decade in the intersection of clinical development, data science, and technology solutions.

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Analytics Big Data Information Technology North Africa and the Middle East Open Source Software

Treeverse raises $23M to bring Git-like version control to data lakes

– Treeverse has raised $23m in a series A round of funding from Dell Technologies Capital, Norwest Venture Partners, and Zeev Ventures.
– The funding will be used to expedite both the development and adoption of LakeFS in enterprise data teams.
– Treeverse is an open source platform that can be deployed on the cloud — AWS, Azure, or Google Cloud — or on-premises.
– It also works out-of-the-box with most of the modern data frameworks, including Kafka, Apache Spark, Amazon Athena, Delta Lake, Databricks, Presto, and Hadoop.

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Big Data Digital Media Media and Entertainment Photography Social Network Software TV TV Production Video Video on Demand Video Streaming Virtual Reality Western Europe

V-Nova Receives Investment from Neva First

– V-Nova, a London, UK based high-growth company leader in the compression of video and image data, received an investment from Neva First, the alternative investment fund managed by Neva SGR.
– The company closed a €33m Series C funding round.
– The company intends to use the funds to bolster the commercial roll-out of its video compression software.

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Analytics Artificial Intelligence Big Data Internet Machine Learning North America Predictive Analytics Procurement Software

Simfoni Raises $15M in Series B Funding

– Simfoni is a San Francisco, CA-based digital solutions provider for Spend Intelligence and Spend Automation.
– The company raised $15m in Series B funding.
– The round was led by Peakspan Capital.
– The company intends to use the funds to expand sales and marketing efforts.

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Analytics Artificial Intelligence Big Data Biotechnology Machine Learning North America

Aromyx Raises $10M in Series A Funding

– Aromyx from Mountain View, CA applies biotechnology and data science to capture sensory data.
– Company raised $10m in Series A funding.
– The round was led by Rabo Food&Ag Innovation Fund and Sozo Ventures with participation from existing investors Ulu Ventures, Radicle Growth, Capital Energy and Merus Capital.
– The funding will be used to help the company increase capacity and automation capabilities, generate more data, improve AI algorithms, and expand its lab and software teams.

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Artificial Intelligence Big Data Database Delivery Service Enterprise Hardware Internet of Things North America Software

RxAll grabs $3.15M to scale its drug checking and counterfeiting tech across Africa

– RxAll, a startup using deep technology to provide quality medication to patients, raised $3.15m in funding.
Launch Africa led the round with participation from SOSV’s HAX and Keisuke Honda.
– The company plans to scale across existing markets and improve its technology.

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Analytics Big Data Computer Database North America Software

Lucata raises $11.9M to accelerate graph analytics with specialized hardware

– Graph analytics startup Lucata announced that it raised $11.9 million in series B funding, bringing its total raised to nearly $30 million.
Notre Dame, Middleburg Capital Development, Blu Ventures, Hunt Holdings, Maulick Capital, Varian Capital, Samsung Ventures, and Irish Angels participated in the round, which CEO Michael Mallick says will be put toward commercializing the company’s computing architecture for graph analytics and AI use cases.

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Ad Targeting Analytics Big Data Music North America

Audigent Raises $19.1M in Series B Funding

– Audigent, a New York-based provider of first party data platform For sports, entertainment & lifestyle, raised $19.1M in Series B funding.
– The round was led by Go Philly Fund, a joint venture between Ben Franklin Technology Partners and EPAM Systems, Inc., with participation from both existing and new investors including Broadscale Group, Raised in Space, MathCapital, Riverpark Ventures and others.
– The company intends to use the funds to broaden the reach of its cookieless PMP products and HALO IDTM while also expanding its sales and marketing efforts globally.

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Analytics Artificial Intelligence Big Data Machine Learning Real Estate Western Europe

PriceHubble raises a USD 34 million Series B round to strengthen its leadership position in Europe and accelerate its international expansion

– PriceHubble AG, the fast-growing global PropTech founded in Switzerland in 2016, successfully completed its Series B round and raised USD 34 million in new funding.
Digital+ Partners led the investment round with significant investments from Latitude Ventures, TX Ventures, and selected business angels, including Dr. Martin Enderle.
– PriceHubble will use the funds from this investment for its growth and expansion strategy, as well as to further extensively innovate in data science resources.

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Artificial Intelligence Big Data Business Intelligence Central-Eastern Europe Cyber Security FinTech Fraud Detection Risk Management

Nethone Raises $6.7M in Series A Funding

– Nethone, a Warsaw, Poland-based provider of a solution to solve the plague of online account takeovers, raised $6.7M in Series A funding.
– The round was led by Atmos Ventures and ARIA, with participation from Plug and Play Ventures and Firlej Kastory.
– The new investment will be aimed at accelerating the company’s go-to-market efforts and further strengthening its technology.

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Big Data Hospitality North America Predictive Analytics Restaurants Software

86 Repairs Raises $5.3M in Funding

– 86 Repairs is a platform that automates the end-to-end repair and maintenance process for restaurants, providing actionable insights to improve back-of-house operations.
– The company received $7.3m in Series A funding.
– The round was led by TDF Ventures, Gordon Food Service (GFS), MATH Venture Partners, Revolution, and Cleveland Avenue.
– The new investment will be used to scale up product innovations and accelerate growth.

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Analytics Big Data Machine Learning Marketing North America Software

Amperity raises $100M to unify customer data

– Amperity, a Seattle, Washington-based customer data platform, announced it has raised $100 million in series D funding, valuing the company at more than $1 billion post-money.
– Founder and CEO Kabir Shahani said the company will use these funds, which bring its total raised to $187 million, to expand sales and marketing, grow internationally, and invest in R&D.
– Amperity’s latest funding round was led by HighSage Ventures, with participation from existing investors Tiger Global Management, Declaration Partners, Madrona Venture Group, and MaderaTechnology Partners.
– The company has 225 employees, and it expects to grow its workforce to over 300 by the end of the year.

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Quantexa raises $153M to build out AI-based big data tools to track risk and run investigations

– Quantexa, a London-based AI startup, raised $153m in Series D funding.
– The round was led by Warburg Pincus and joined by existing investors Dawn Capital, AlbionVC, Evolution Equity Partners (a specialist cybersecurity VC), HSBC, ABN AMRO Ventures and British Patient Capital.
– The company was valued between $800m and $900m.
– Quantexa got its start out of a gap in the market that Marria identified when he was working as a director at Ernst & Young tasked with helping its clients with money laundering and other fraudulent activity.
– It has now raised over $240m to date.

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Transparent Raises $2.8M in Total Funding

– Transparent is a vacation rental market intelligence company based in Madrid, Spain.
– The company received an investment from JetBlue Technology Ventures (JTV).
– The company intends to use the funds to continue to expand its commercial team.

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Inshur Raises $35M in Total Funding

– Inshur is a global commercial insurance tech company.
– Series B funding of $35m was led by JVP alongside existing investors Viola Fintech and MTech Capital.
– The company intends to use the funds to accelerate global growth plans, enabling it to invest in technology, recruit people, and bring new Insurtech products to market.

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Analytics Big Data Information Technology North America Open Source Software

Dbt Labs raises $150M to help analysts transform data in the warehouse

– Fishtown Analytics, the company behind an open source “analytics engineering” tool called dbt (data build tool), announced it has rebranded as Dbt Labs and raised $150 million in a series C round of funding at a $1.5 billion valuation.
– Analytics engineering, for the uninitiated, is a relatively new role that describes the process of taking raw data after it enters a data warehouse and preparing it for analysis.
– Dbt Labs had previously raised around $42 million, the entirety of which came in the past 14 months across two separate rounds of funding.
– With its latest cash injection, the company said that it will double down on the development of its core open source platform.

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Analytics Big Data Hardware Health Care North America Predictive Analytics Software Wearables Wellness

Plantiga Raises $1.2M in Funding

– Plantiga is a Vancouver BC-based provider of an individual movement health monitoring platform for athletes and teams.
– The company raised $1.2M in funding.
– The round was led by Harlo Equity Partners with participation from Globalive Capital Partners, Rian Gauvreau, as well as a large group of professional athlete investors from the Athlete Tech Group ecosystem that includes Thaddeus Young, Patrick Patterson and Will Fuller.
– The new investment will be used to accelerate marketing and sales efforts while supporting the build-out of the self-monitoring capabilities.

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Retina Raises $8 Million Series A to Transform E-Commerce Customer Acquisition

– Retina, the leading predictive customer lifetime value (pCLV) intelligence company, announced it raised an $8m Series A to transform how high-growth brands acquire, retain and expand their most valuable customers.
– The funding will be used to drive the company’s growth, continue its hiring spree, and expand the capabilities of its digital platform with existing integrations and partners, including Facebook, Google, Shopify, Segment, and Experian.
– Retina is the glue that enables brands to make better customer acquisition and service decisions through its AI, machine learning, and data analytics.
– Its platform is privacy-centric and gives marketers proven insights — without relying on cookies or IDFA (Identifier for Advertisers) — that drive improved customer targeting and brand loyalty.
Alpha Intelligence Capital and Vertical Venture Partners led the round.

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Artificial Intelligence Big Data Food and Beverage Food Processing Information Technology Life Science Machine Learning North America SaaS Software Supply Chain Management

Native.AI Raises $1.75M in Strategic Pre-Seed Funding

– Native.AI is a real-time market and consumer intelligence platform provider.
– The company raised $1.75m in strategic pre-seed funding.
– Backers included current and former leaders at several top companies and government agencies including Blue Apron, The Kellogg Company, USDA and more.
– The new funding will be used to develop the company’s AI-powered platform to uncover, analyze and act on customer feedback to improve product offerings.

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Analytics Artificial Intelligence Big Data Business Intelligence Consumer Market Research Natural Language Processing Reviews Text Analytics Western Europe

Wonderflow platform applies analytics to customer feedback, raises $20M

– Wonderflow announced that it raised $20m in a funding round led by Klass Capital.
– The capital, which brings the company’s total raised to $25m to date, will be used to grow Wondeflow’s teams in Europe and North America to offer “strong support to enterprise customers,” according to CEO Riccardo Osti.
– Wonderflow occupies a category of tools, VoC, that’s attempting to reverse the trend in customer experience.
– Wonderflow was founded in 2014 by Italian entrepreneurs Osti, Giovanni Gaglione, and Michele Ruini, all of whom met in Trento.
– Wonderflow used an extensive data lake of indexed, cleaned public feedback from hundreds of thousands of products to create machine learning models around business use cases.

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Big Data Credit Cards Financial Services FinTech Internet Mobile Payments North America

Deserve Lands $50M Series D

– Deserve, a fintech company transforming credit cards into a software that lives on mobile, announced today it has raised a $50 million Series D funding.
– The round led by Mission Holdings, Mastercard and Ally Ventures with participation from Goldman Sachs Asset Management, Sallie Mae and other existing investors.
– Deserve is powering the future of fintech through digital-first, mobile-centric, highly configurable API and SDK based credit card solutions.

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Rasgo Raises $25M in Series A Funding

– Rasgo Intelligence is a feature store for data scientists engineer, collaborate on, and operationalize Machine Learning (ML) features.
– The company raised $20m in Series A funding.
– The round was led by Insight Partners, with participation from Unusual Ventures.
– The company intends to use the new funding to accelerate product development, expand its team with a focus on engineering talent, and build out its go-to-market function.

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Primer Secures $110M In Series C Funding

– Primer is a Natural Language Processing (NLP) company based in San Francisco, CA.
– Company closed a $110M Series C funding round.
– The round was led by Lee Fixel’s Addition with participation from Steadfast, Sands Capital, and Hank Crumpton, former Ambassador-at-Large and US Coordinator for Counterterrorism.
– The new funding will be used to expand operations, stepping up recruiting efforts both in the US and globally, and its business reach.

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Big Data Data Integration Data Visualization North America

Transform Raises $20M in Series A Funding

– Transform provides a centralized metrics platform that enables metrics definitions in code, supports life-cycle management, and connects to any downstream tool where users consume metrics.
– The company raised $20m in Series A funding.
– The round was co-led by Index Ventures and Redpoint Ventures.
– The new investment will be used to expand operations and business reach.

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Hydrosat raises $5M seed round to deliver ground temperature data to customers

– Hydrosat, a geospatial data analytics startup, raised $5m in seed funding.
– The round was led by Cultivation Capital’s newly launched Geospatial Technologies Fund with participation by Freeflow Ventures, the Yield Lab, Expon Capital, Techstars, Industrious Ventures, Synovia Capital, and the University of Michigan.
– The company plans to launch its first satellite in 2022.

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Analytics Big Data Database Enterprise Software North America

Graph database platform Neo4j raises $325M to inform decision-making

– Graph platform Neo4j announced that it raised $325m at an over $2bn valuation in a series F round led by Eurazeo, with additional investment from GV.
– The capital, which brings the company’s total raised to date to over $500m, will be put toward expanding Neo4j’s platform, workforce, and customer base, the company says.
– Markets and Markets anticipates the graph database market will reach $2.4bn by 2023 from $821.8m in 2018. And analysts at Gartner expect that enterprise graph processing and graph databases will grow 100% annually through 2022, facilitating decision-making in 30% of organizations by 2023.
– Graph databases and graph-oriented databases leverage graph structures for semantic queries, with nodes, edges, and properties that store and represent data.

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Big Data EdTech Education North America Software

Formative Announces $70 Million Minority Growth Investment to Accelerate Impact in K-12 Classrooms

Formative, a web-based student response platform, has closed a $70 million minority investment led by growth investor Summit Partners. Existing investors Emerson Collective, Fika Ventures, Mac Ventures, and Rethink Education also participated. The company will use this capital to expand international reach, increase teacher and administrator support, and fuel product enhancement efforts. Tom Jennings, a Managing Director at Summit Partners, will join Formative’s Board of Directors.
Craig Jones, Co-Founder and CEO of Formative, transferred his experience as a classroom teacher into a SaaS platform that improves student outcomes and educator effectiveness by accelerating the student-teacher feedback loop. It provides actionable visualizations of student comprehension and achievements and allows teachers to give live assignments to students, enabling instant teaching adjustments and long-term student growth tracking.
Designed for physical, virtual or hybrid classrooms Formative continues to see more students on the platform during the pandemic. It’s COVID-19 Assistance Program provided free access to its full platform for approximately 5,000 schools and districts.

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Analytics Big Data Data Visualization Enterprise Software North America Open Source

Imply Closes $70 Million Series C at $700M Valuation to Extend Leadership as Foundational Platform for Analytics-in-Motion

– Imply, the pioneer of Analytics-in-Motion, and founded by the original creators of Apache Druid, announced the closing of a $70m Series C led by Bessemer Venture Partners with participation from Tiger Global Management, bringing total funding to over $116m.
– Existing investors A16Z, Khosla Ventures and Geodesic Capital also participated in this round.
– This additional funding follows a banner year for Imply, growing market adoption of both Imply and open source Apache Druid.
– Imply has now surpassed 100 enterprise and digital-native customers, using Imply as the engine for analytics-powered applications that they build, and/or as a complete solution to directly solve internal BI and operational analytics use cases.

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Big Data Cloud Computing Information Technology North America

SkyWatch Space Applications Raises $17.2M in Series B Funding

– SkyWatch is a space technology startup based in Waterloo, Canada.
– The company raised $17.2M in Series B funding.
– The round was led by Drive Capital with participation from existing investors Bullpen Capital, Space Capital, Golden Ventures, and BDC Ventures.
– The new investment will be used to expand operations, growth and business reach.

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Analytics Artificial Intelligence Big Data Cloud Computing Database Internet of Things Machine Learning North America Open Source Software

Crate.io raises $10M to grow its database platform

– Crate.io, a startup developing a database platform called CrateDB, announced that it raised $10 million in additional funding (including $2 million in debt) from Draper Esprit, Vito Ventures, and individual investors.
– CEO Eva Schönleitner says that the proceeds, which bring the company’s total raised to $31 million, will be put toward expanding Crate.io’s sales teams, the CrateDB ecosystem’s functionality and partner integrations, and the open source developer community around CrateDB.

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Big Data Cloud Computing Information Technology North America

Canadian Space Technology Startup SkyWatch Raises $17.2M to Democratize Satellite Data

– SkyWatch Space Applications Inc. (“SkyWatch”), a Waterloo-based space technology startup, announced today the completion of a $17.2M USD Series B round of financing to further democratize access to Earth observation data.
Drive Capital led the investment round with participation from existing investors Bullpen Capital, Space Capital, Golden Ventures, and BDC Ventures.
– The Series B financing builds on an exceptional first half of 2021 for SkyWatch, which is seeing revenue growth in excess of 450% over the same period last year, highlighting the appetite for Earth observation data from the private sector.

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Big Data Cloud Data Services Data Integration North America Open Source Software

Prefect Technologies Raises $32M in Series B Funding

– Prefect Technologies Inc. from Washington DC-based dataflow automation company.
– Series B $32m round led by Tiger Global with participation from new investor Bessemer Venture Partners, existing investor Positive Sum and others.
– The company plans to use the funds to further develop its dataflow automation platform, build out its team, and proactively execute its product-led growth strategy.

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Artificial Intelligence Big Data Blockchain Logistics Machine Learning Risk Management Supply Chain Management Western Europe

Circulor Raises $14m Series A to Lead the Future of Sustainable Supply Chain Traceability

– Circulor, the leading provider of supply chain traceability and dynamic CO2 tracking, announced it has closed $14m in Series A funding to accelerate the company’s rapid growth.
The Westly Group led the round with participation from Salesforce Ventures, BHP Ventures, Future Positive Capital, 24Haymarket and Sky Ocean Ventures.
– Existing investors in the company include Boeing HorizonX, Volvo Cars Technology Fund, Jaguar Land Rover’s CVC arm, InMotion Ventures, SYSTEMIQ, Plug and Play and TotalEnergies Ventures.
– Steve Westly, Founder and Managing Partner of The Westly Group, will join the Circulor board.
– Circulor will use the investment to drive ongoing innovation and extend its presence in North America and Asia.

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Big Data Cloud Data Services Data Integration North America Open Source Software

Data flow automation engine Prefect raises $32M

– Dataflow automation startup Prefect announced it has raised $32 million in a series B funding round led by Tiger Global.
– The company says it will use the capital to further develop its platform, attract talent, and support its growing community of users.
– When McKinsey surveyed 1,500 executives across industries and regions in 2018, 66% said addressing skills gaps related to automation and digitization was a “top 10” priority.
– Salesforce’s recent Trends in Workflow Automation report found that 95% of IT leaders are prioritizing automation and 70% of execs are seeing the equivalent of over four hours saved per employee each week.
– Moreover, according to market research firm Fact.MR, the adoption of business workflow automation at scale could create a market opportunity worth over $1.6 billion between 2017 and 2026.

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Big Data Compliance Finance Identity Management North America Privacy Security

Identity verification company Trulioo lands $394M

– Online identity verification platform Trulioo has closed a $394 million series D round of funding at a $1.75 billion valuation after the pandemic forced businesses across the spectrum to embrace digital transformations.
– Much as the need for electronic signatures skyrocketed after most activities went online over the past year, companies have had to rapidly transition to technologies that allow them to verify users are who they say they are.
– This is particularly crucial in highly regulated industries like financial services.
– Founded in 2011, Vancouver, Canada-based Trulioo offers various tools for companies to verify their online users, including general identity verification that may check a user’s data against third-party data sources, such as a credit bureau, government database, or mobile carrier.

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