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Matillion raises $150M at a $1.5B valuation for its low-code approach to integrating disparate data sources

– 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.

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Customer relationship tracker Affinity nabs $80M

– Affinity, a relationship intelligence platform designed to work with existing customer relationship management (CRM) solutions, announced that it closed an $80 million series C funding round led by Menlo Ventures, bringing its total raised to date to $120 million at a $600 million valuation.
Advance Venture Partners, Sprints Capital, Pear Ventures, Sway Ventures, MassMutual Ventures, Teamworthy, and ECT also participated in the round, which cofounder and CEO Ray Zhou said will be put toward strengthening Affinity’s engineering team and expanding its sales and marketing reach into sectors such as investment banking, private equity, and accounting.

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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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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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PropLogix Receives Growth Investment From Accel-KKR

– PropLogix, a Sarasota, FL-based title support company providing tech-enabled due diligence services and software for closing professionals, received a strategic growth investment from Accel-KKR.
– The amount of the deal was not disclosed.
– With this investment, the company will accelerate market expansion plans, scale product development and pursue M&A opportunities.

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Trax Receives Growth Financing From Accel-KKR Credit Partners

– Trax Technologies, an Irving, Texas-based global transportation spend management and payments company serving global shippers with logistics ecosystems, received debt financing from Accel-KKR Credit Partners.
– Led by Hamp Wall, CEO, Trax is a global leader in Transportation Spend Management solutions combining cloud-based applications with expert services to allow customers to manage and control their global transportation costs and drive enterprise-wide efficiency.
– The financing will support Trax’ next stage of growth.

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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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Data analytics startup NavigatorCRE raises $17.2M for tech that aids commercial real estate industry

– Seattle-based NavigatorCRE, makers of a data analytics platform that serves the commercial real estate industry, has raised $17.2m in new funding.
– The company plans to use the funds to expand across North America and Western Europe and launch what it’s calling a Customer Advisory Council to help continue to shape the platform with insight from influential customers across commercial real estate asset classes.
– The Series A funding round was led by Atlanta-based Fulcrum Equity Partners and was joined by existing investors.
– Navigator has raised approximately $24m to date.

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BILT Raises $9M in Funding

– Bilt is a Grapevine TX-based company focused on 3D intelligence.
– The company raised $9M in funding.
– The round was led by Silverton Partners.
– The new investment will be used to increase sales & marketing and innovate the user experience.

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Revelio Labs Secures $4.0 Million in Seed Funding

– Revelio Labs announced its seed capital raise of $4.0m.
– The round was led by Barclays and K20 Fund, with additional funding from NYU Ventures, BDMI, BoxOne Ventures, DataFrame Ventures, 840 Venture Partners and industry veterans, including Michael Recce and Jeremy Baksht, and values Revelio Labs at a $29m.
– The capital will be used to expand Revelio Labs’ offering beyond investment management, to corporate HR and strategy.

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Suzy Raises $50M In Series D Financing

– Suzy, a NYC-based market research software platform, closed a $50m Series D funding.
– The round was led by H.I.G. Growth Partners and joined by existing investors Rho Capital Partners, Bertelsmann Digital Media Investments, Foundry Group, Triangle Peak Partners, and North Atlantic Capital.
– The company intends to use the funds to bolster its product offerings, grow its proprietary consumer panel, expand rollout internationally and to new industry verticals, and invest in further accelerating sales and marketing efforts.

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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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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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With this new $25M, Visier hopes to crunch HR numbers for many more businesses

– Startup Visier announced that it has raised $25.5 million in new funding.
Adams Street Partners led the new round. Foundation Capital and Summit Partners also participated.
– The startup goes out of its way to say on its website that its software can take in data from Workday’s human resources and finance software.
– Nevertheless, publicly traded Workday could represent competition for Visier, as could companies like SAP, where Visier cofounder and chief executive John Schwarz previously worked.
– Before that, Schwarz was chief executive of business-intelligence software company Business Objects, which SAP bought in 2007.

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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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Incorta Raises $120M in Series D Funding Amid Soaring Global Demand for Unified Data Analytics

– Incorta announced $120m in Series D funding led by Prysm Capital, with participation from existing investors GV, Kleiner Perkins, M12, Sorenson Capital, Telstra Ventures and Ron Wohl, as well as a credit facility from Silicon Valley Bank.
– The latest round of funding will be used to expand go-to-market operations and meet global demand for Incorta’s unified data analytics platform.
– After hitting a major inflection point in 2020, Incorta is now scaling fast to meet global demand for modern data analytics in the cloud.
– This funding enables us to scale up while staying true to Incorta’s DNA and maintaining our best-in-class innovation, quality and customer obsession.

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Business software marketplace G2 raises $157M

– Business software intelligence marketplace G2 (formerly known as G2 Crowd) has raised $157m in a series D round of funding.
– The company is probably better known as a sort of “Yelp for business software,” serving as a public-facing portal to garner insights, feedback, and reviews spanning thousands of popular applications.
– This includes the ability to compare and contrast similar software to help reach a buying decision.
– According to G2 cofounder and CEO Godard Abel, a recent survey it carried out revealed that 94% of enterprise software buyers “don’t trust vendor sales and marketing people,” a statistic that could probably apply to just about any software vertical across the business and consumer spheres.

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eqtble, a platform that uses data analytics to create healthier workplaces, raises $2.7M seed

– eqtble, a startup that wants to give HR teams the same kind of detailed analytics that product, sales and marketing departments have had for a long time, has raised $2.7m in seed funding.
– The funding was led by Initialized Capital, with participation from SB Opportunity Fund, RS Ventures and other venture capital firms and angel investors.
– eqtble is a Y Combinator alum.
– The startup’s co-founders are Ifiegbu and Horwitz.

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Introhive raises $100M to automate customer relationship management

– Introhive, a software-as-a-service (SaaS) customer relationship management (CRM) automation platform, announced that it raised $100 million in a series C funding round led by equity firm PSG.
– The funds, which bring the company’s total raised to over $140 million to date, will be put toward strategic acquisitions, the expansion of Introhive’s global footprint, and growth of the company’s engineering, sales, and marketing teams.

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Slintel scores $20M Series A as buyer intelligence tool gains traction

– Slintel, a startup providing that kind of data, announced a $20m Series A.
– The company has attracted some big-name investors, with GGV leading the round and Accel, Sequoia and Stellaris also participating.
– The investment brings the total raised to over $24m, including a $4.2m seed round from last November.
– The company plans to grow faster again.

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Lenus Raises €50M in Series A Funding

– Lenus is a Copenhagen-based online B2B2C coaching platform targeting health and fitness professionals.
– The company secured €50m in Series A funding.
– The round was led by EQT Ventures.
– The company intends to use the funds for product development, cross-market recruitment (+1,600 within 24 months), and international expansion — including the US (NYC and LA) later in 2021.

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Alation Raises $110M in Series D Funding

– Alation, a Redwood City CA-based company provider of enterprise data intelligence solutions, raised $110M in Series D funding.
– The round was led by Riverwood Capital with participation from new investors Sanabil Investments and Snowflake Ventures and existing investors Costanoa Ventures, Dell Technologies Capital, Icon Ventures, Salesforce Ventures, Sapphire Ventures, and Union Grove Partners.
– The company intends to use the funds to expand into new geographies, verticals, and product areas.

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Celonis Raises $1 Billion Series D Funding; Valued at More Than $11 Billion

– Celonis from Munich and New York City develops an Execution Management System (EMS) which provides a set of applications, and developer studio and platform capabilities for business executives and users to eliminate billions in corporate inefficiencies.
– The company closed a $1b Series D funding round led by new investors Durable Capital Partners LP and T. Rowe Price Associates with participation from Franklin Templeton, Splunk Ventures and a group of principal investors.
– The new investment increased the post-money valuation to more than $11b.

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Datacy raises $2.4M to help consumers monetize their own damn data

– Datacy, a startup with its headquarters in Wilmington, Delaware, announced that it has closed $2.4m in new funding to continue building its consumer-friendly data collection and monetization service.
– The company is effectively an argument that the preceding sentence is possible.
– Datacy is a tool that allows individuals to collect their browsing data, manage it, have it anonymized and aggregated with others and then sold.
– The end-user gets 85% of the resulting revenue, while Datacy takes 15%.
– Its model has found financial backing, with its new capital coming from Trend Forward Capital, Truesight Ventures, Redhawk VC, the Female Founders Alliance and others.

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Construction tech upstart Assignar adds a Fifth Wall with $20M Series B

– Assignar, a cloud-based construction tech startup, raised $20m in Series B funding.
– The round was led by real estate tech-focused venture firm Fifth Wall.
– Existing backer Tola Capital and new investor Ironspring Ventures also put money in the round.
– The company plans to use the funding to expand its sales and marketing efforts.

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VideoAmp Raises $75M in Committed Financing from Capital IP

– VideoAmp has secured a total of $50M of non-dilutive debt financing from Capital IP with the ability to draw up to $25M in further capital.
– The funding will further accelerate VideoAmp’s leadership position in planning, measurement, optimization and currency solutions for the convergent TV ecosystem.
– As the consumer video viewership landscape continues to fragment and the need for an infrastructure that unifies linear TV, streaming and digital media audiences intensifies, VideoAmp is positioned as the solution for advertisers, agencies and media owners, redefining how media is valued, bought and sold.
– VideoAmp has seen over 700% growth over the last five years and is on track to approximately double year-over-year growth in 2021.

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TripleBlind Receives $8.2M Seed Investment

– TripleBlind, an AI company that aims to transform how healthcare is delivered and experienced, announced it received an investment from the Mayo Clinic.
– Mayo Clinic joined Accenture Ventures, Okta Ventures, NextGen Venture Partners, Operator Partners, Wavemaker Three-Sixty Health, AVG Basecamp Fund, Anorak Ventures, Quiet Capital, Clocktower Technology Ventures, Parity Responsible Technology Fund and Manresa Ventures as investors.
– TripleBlind recently announced that it raised $8.2m in a significantly oversubscribed seed funding round.

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Tellius Raises $8 Million to Close the Data Insights Gap with AI-Driven Decision Intelligence

– Tellius, the AI-driven decision intelligence platform, announced an $8m Series A funding round led by Sands Capital Ventures with participation from Grotech Ventures—bringing the company’s total fundraising to-date to $17m.
– The funds will be used to expand the company’s platform capabilities and support its mission of helping organizations get from data to decisions faster with intelligent automation.
– There is currently a massive insights gap caused by silos between business intelligence (BI) dashboards and machine learning (ML) and AI tools that is preventing organizations from capturing new business opportunities hidden in their data.
– Businesses need to move beyond dashboards to acquire a new level of data intelligence to understand the reasons why metrics change and uncover granular insights that inform the best actions to take.

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Applied XL raises $1.5M to build ‘editorial algorithms’ that track real-time data

– Applied XL, a startup creating machine learning tools with what it describes as a journalistic lens, is announcing that it has raised $1.5m in seed funding.
– The company is led by CEO Francesco Marconi (previously R&D chief at The Wall Street Journal) and CTO Erin Riglin (former WSJ automation editor).
– The company started out by working on a number of different data and machine learning projects as it looked for product-market fit — but it’s now ready to focus on its first major industry, life sciences, with a product launching broadly this summer.
– The startup is compared to Bloomberg and Dow Jones, suggesting that just as those companies were able to collect and standardize financial data, Applied XL will do the same in a variety of other industries.

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Affogata, which helps brands manage their online reputation, raises $5.5M

– Affogata has raised $5.5m in series A funding co-led by Mangrove Capital Partners and PICO Venture Partners.
– The company offers AI-driven technology that provides clients with data related to their brand and competitors from forums, the web, and internal data sources.
– Affogata surfaces what customers are searching for across various channels to provide a picture of preferences and trends, offering the ability to perform customer segmentation with automated competitor keyword and sentiment tracking.
– The company can highlight mentions of a company name in app store reviews, on Twitter and Facebook, in online communities such as Discord, and from internal systems like Zendesk and Wix Answers.
– Users can funnel these mentions into customized reports and dashboards or export the data for further analysis and ingestion by analytics and business intelligence systems.

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Kleene.ai Raises $1.5M in First Funding

– Kleene.ai from London develops a data processing platform for data analysts to speed up the time to insight within scale-ups.
– The company raised $1.5m in first funding round.
– The round was led by Episode 1 with participation from Superseed and angel investors.
– The new investment will be used to expand the team, deliver the product road map (including support for Microsoft’s Azure Synapse Analytics and Google’s BigQuery), and to grow its wide array of data connectors.

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KPI Sense Raises $1.1M in Seed Funding

– KPI Sense is a strategic finance platform for SaaS companies.
– The company raised $1.1m in seed funding.
– The round was led by Network Ventures, with strategic participation by Goldin Ventures and other angel investors.
– The new investment will be used to build out its engineering and product teams for product development and launch its platform.

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Hex lands $5.5M seed to help data scientists share data across the company

– Hex, a new startup, wants to change that by providing a way to dispense data across the company in a streamlined and elegant way.
– The company announced a $5.5m seed investment.
– The round was led by Amplify Partners with help from Box Group, XYZ, Data Community Fund, Operator Collective and a variety of individual investors.
– The company closed the round last July, but is announcing it for the first time today.

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Connected2Fiber Raises $12M in Series B

– Connected2Fiber from Birmingham has secured $12m in Series B financing led by Harbert Growth Partners as well as current investors Ascent Venture Partners, Nauta Capital, and Osage Venture Partners.
– The company uses data science, artificial intelligence and predictive analytics in a cloud-based system that helps B2B telecom network suppliers identify their best customer prospects, and B2B network buyers identify their best suppliers.
– The platform enables users to visualize critical information internally, and to ensure network intelligence is exchanged securely to conform to the customers’ buying process.

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Lumu Closes $7.5M in Series A

– Lumu, creators of the Continuous Compromise Assessment cybersecurity model, announced that it has closed its Series A round of funding for the amount of $7.5 million.
– The round was co-led by SoftBank Group Corp’s SB Opportunity Fund and Panoramic Ventures.

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Papaya Global raises $100M more at a $1B+ valuation for tools to hire, pay and manage distributed workforces

– Israeli startup Papaya Global, which provides cloud-based payroll and hiring, onboarding and compliance services across 140 countries for organizations that employ full-time, part-time and contract workers outside of their home country, has picked up $100m in funding.
– The company targets organizations that not only have global workforces, but are expanding their employee bases quickly.
– It has raised $190m in total funding.

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Rev Ventures Group Secures $1 Million in Seed Funding Round

– Rev Ventures Group has secured $1m in seed funding round.
– The round was led by KEY Investment Partners with participation from Phyto Partners.
– It will be used to grow Rev Ventures’ management team, expand marketing efforts and develop its portfolio company RevOffers’ proprietary Attribution Engine.
– Rev Ventures helps companies transform their markets through the application of data, technology and analytics.
– RevOffers is a performance and affiliate marketing company focused in the Health, Pet and Home verticals that connects brands with publishers looking to generate advertising revenue.
– RevOffers’ Attribution Engine enables its advertisers and affiliates to benefit from proper attribution across a multi-channel digital marketing landscape.
– The industry-leading proprietary tracking technology processes thousands of data points from the entire customer journey to attribute or award credit to a publisher in the RevOffers network.

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TripleBlind raises $8.2 million for its encrypted data science platform

– TripleBlind, a Kansas City, Missouri-based startup developing a platform that enables companies to train models on encrypted data, today announced it has raised $8.2 million.
– The company says the funds will be put toward R&D as it looks to expand the international reach of its products.
– In industries like financial services and health care, privacy regulations like the U.S. Health Insurance Portability and Accountability Act (HIPAA) prevent companies from sharing data.
– As a result, 73% of enterprise data goes unanalyzed, according to a recent analysis.
– Earlier in his career, TripleBlind CEO Riddhiman Das was the product architect at EyeVerify, where he helped commercialize a software-only biometric method for verifying the identity of mobile users.

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DataJoy raises $6M seed to help SaaS companies track key business metrics

– DataJoy, a startup, raised $6m in seed funding.
– The round was led by Foundation Capital with help from Quarry VC, Partech Partners, IGSB, Bow Capital and SVB.
– The company is still in the process of building the product and is pre-revenue.

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Lexer raises $25.5 million to unlock insights from retailers’ customer data

– Lexer, a customer data platform (CDP) that helps retailers gain insights by unifying data from multiple systems and sources, has raised $25.5 million in a series B round led by Blackbird Ventures and King River Capital.
– The raise comes as businesses rush to capitalize on an accelerated digital transition driven by the pandemic, with retailers particularly eager to grow their online sales by better understanding who they’re selling to.
– CDPs such as Lexer are designed to expand the utility of data analytics beyond data scientists to enable anyone, including marketers, to derive key insights from vast swathes of data.

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Katana Graph raises $28.5 million to handle unstructured data at scale

– Katana Graph, a startup that helps businesses analyze and manage unstructured data at scale, today announced a $28.5 million series A round led by Intel Capital.
– The company helps businesses ingest large amounts of data into memory, CEO Pingali told VentureBeat in a phone interview.
– The UT-Austin research group started working with graph processing and unstructured data two years ago and began by advising DARPA on projects that deal with data at scale.
– Katana Graph works in Python and compiles data using C++.
– Like companies that deal with algorithm auditing, AIOps, and model monitoring and management services, startups have emerged to help businesses analyze and label data, which may be why Labelbox raised $40 million and Databricks raised $1 billion.

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BlocPower Raises $63 Million Series A to Green Urban Buildings and Creates Innovative Financing Solution Alongside the Goldman Sachs Urban Investment Group

– BlocPower announced a $63m Series A round.
– The round was led by American Family Insurance Institute for Corporate and Social Impact, AccelR8 and The Goldman Sachs Urban Investment Group.
– To date, the company has raised $68m from early anchor investors, including Kapor Capital, Andreessen Horowitz, MaC Venture Capital, Exelon, New York Ventures of the Empire State Development Corporation, Echoing Green, and The Schmidt Family Foundation.
– The funding will enable BlocPower to expand and scale its inner-city energy retrofit projects across the U.S., create green jobs, improve quality of life for urban residents and save the planet.
– The company will soon offer Environmental Justice Impact Green Bonds to other institutional investors to help finance BlocPower’s future green retrofit projects.

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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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Peak.AI raises $21 million to drive enterprise AI adoption

– Peak.AI, a startup developing AI solutions for enterprise customers, today announced that it closed a $21 million series B round.
– The funds, which bring Peak’s total raised to date to $43 million, will drive the company’s R&D and commercial expansion in the U.S. and India, according to CEO Richard Potter.
– The global enterprise AI market size was valued at $4.68 billion in 2018 and is projected to reach $53.06 billion by 2026, according to Allied Market Research.
– But the corporate sector’s adoption curve hasn’t been as steep as some had predicted despite the promise of AI.

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Peak Raises $21M in Series B Funding

– Peak is a Manchester, UK-based Artificial Intelligence (AI) company.
– The company raised $21m in Series B funding.
– The round was led by Oxx, with participation from existing investors MMC Ventures and Praetura Ventures, and new investor Arete.
– The new investment will be used to accelerate global expansion, with new offices opening in both the USA and India, as well as continued R&D investment. As a result, Peak is planning to create 130 new jobs globally in the coming year.

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Matillion raises $100 million to help enterprises accelerate cloud data integration

– Matillion has raised $100m in a series C round of funding led by Lightspeed Venture Partners.
– The company is racing to keep up with the demand for better cloud integration options.
– Matillion believes it has an advantage because its solution was built for the cloud-native era from the ground up.

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