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Computer Information Technology North America Software

Workflow automation startup Daylight lands $12.3M

– Toronto, Canada-based Daylight, formerly FormHero, announced it has raised $12.3 million in a series A round led by RTP Global, Bessemer Venture Partners with participation from Golden Ventures.
– The company says the funds, which bring its total raised to $14.56 million, will be used to support go-to-market activities and expand the capabilities of its automation platform.
– A growing number of businesses are investing in tech-powered solutions to minimize repetitive office processes. In a 2020 McKinsey survey, 66% of enterprises said they were piloting platforms to automate at least one business process. And in a survey conducted by ServiceNow, 86% of respondents said that by 2020 their organizations would require intelligent automation to keep up with business requirements.

Business Information Systems Computer SaaS Software Western Europe

Skello raises $47.3 million for its employee scheduling tool

– French startup Skello has raised a $47.3m funding round.
– The company has been working on a software-as-a-service tool that lets you manage the work schedule of your company.
Partech is leading today’s funding round. Existing investors XAnge and Aglaé Ventures are also participating.

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GigaIO Raises $14.7M in Series B Funding

– GigaIO from Carlsbad is a creator of data center rack-scale architecture for artificial intelligence and high-performance computing solutions.
– Series B $14.7m round was led by Impact Venture Capital with participation from Mark IV Capital, Lagomaj Capital, SK Hynix, and Four Palms Ventures.
– The new funding will be used to expand the company’s sales and marketing efforts by recruiting more partners and expanding channel programs.

Artificial Intelligence Computer Internet Machine Learning North America SaaS Software

Constructor finds $55M for tech that powers search and discovery for e-commerce businesses

– Constructor, a company that powers search and product discovery tools for e-commerce businesses, raised $55m in Series A funding.
– The round was led by Silversmith Capital Partners and joined by a long list of notable individual investors.
– The company says that it powers “billions” of queries every month, with revenues growing 233% in the last year.
– Constructor is led by CEO and co-founder David Sacks, who previously co-founded Yammer and Geni.

Computer North America Video Games

1047 Games raises $100M on the runaway success of its debut title, Splitgate

– 1047 Games, a game developer, raised $100m in Series C funding.
– The round was led by Lightspeed Venture Partners and joined by Insight Partners, Anthos Capital, and earlier seed round investors Galaxy Interactive, VGames, Human Capital, Lakestar, DraperDragon, and Draper University.
– It brings the company to a valuation of $1.2 billion.
– The company plans to use the funding to expand its team and continue to build out its game portfolio.

Artificial Intelligence Computer North America Software

Neosec, an API security startup, emerges from stealth with $20.7M

– Neosec, a cybersecurity platform designed to secure APIs, emerged from stealth with $20.7 million in series A funding from True Ventures, New Era Capital Partners, TLV, SixThirty, and several angel investors.
– According to CEO Giora Engel, the proceeds will be put toward product development and growing Neosec’s business in the U.S., Europe, the Middle East, and Asia.
– Researchers are sounding the alarm on threats to enterprise security arising from insecure APIs. Last November, Forrester warned that organizations that fail to address API vulnerabilities could face significant data breaches. And in March, Salt Security released a report on API security that showed that that 91% of organizations suffered an API-related problem last year, with more than half (54%) reporting finding exploits in their service APIs.

Computer Enterprise Software Information Technology North America SaaS Security Software

Cloud directory service JumpCloud raises $159M as remote work booms

– JumpCloud, a cloud-based directory service used by enterprises such as Splunk, Square, and Matterport, has raised $159 million in a series F round of funding at a $2.56 billion valuation.
– In the IT sphere, directory services are a core component of network operating systems and are chiefly concerned with mapping, storing, locating, retrieving, and managing items across a network — including devices, user identities, accounts, files and folders, and more.
– The directory service enables companies to connect their workforce with the IT resources needed to execute their jobs.
– The market is largely dominated by Microsoft’s Active Directory, given that most endpoints have historically been Windows-based PCs, which remains the case when it comes to on-premise installations.

Computer Information Technology Semiconductor Western Europe

ZeroPoint Technologies Raises €2.5M in Seed Funding

– ZeroPoint Technologies, a Gothenburg, Sweden-based company focused on memory compression available, raised €2.5M in Seed funding.
– The round was led by Nordic VC Industrifonden.
– The company intends to use the funds to grow their customer base in North America and Asia Pacific, develop new products, and expand its engineering team in Sweden.

Computer North America

Aviva Technology Raises $26.5M in Series A Financing

– Aviva Technology from San Jose develops automotive in-vehicle connectivity.
– The company closed $26.5m Series A funding.
– The round was led by Dr. Sehat Sutardja and Weili Dai (Founders of Marvell Technology Group) and other prominent semiconductor industry investors.
– Aviva Links intends to use the funds to speed product development and expand sales and marketing efforts.

Computer North America

Aviva Technology Holding Raises $26.5M Series A Financing to Accelerate Automotive Connectivity

– Aviva Technology Holding announced a $26.5m Series A funding round led by Dr. Sehat Sutardja and Weili Dai (Founders of Marvell Technology Group) and other prominent semiconductor industry investors with participation from SAFE round investors.
– This new round will enable Aviva Links, its subsidiary, to speed product development and expand sales and marketing as the demand for its high-speed data movement solutions continues to accelerate among the world’s leading auto manufacturers.

Computer North America Software

Spinach Raises $2.75M in Pre-Seed Funding

– Spinach, an Atlanta, GA-based Zoom partner providing an app for distributed teams, raised $2.75M in pre-seed funding.
– The round was led by Cardumen Capital with participation from Zoom, Tuesday Capital, Liron Petrushka (seed investor in LendingClub, Zillow, Next Insurance), Yoni Assia (eToro Founder & CEO) and other investors.
– The new investment will be used to launch full access to the app, expand the engineering team and get it into the market.

Artificial Intelligence Computer North America Shopping Software

Cashierless checkout company Zippin raises $30M

– Zippin has raised $30m in a series B round of funding.
– The company is one of several players in the space to gain traction for a technology that seeks to not only make supermarket queues obsolete, but also generate big data insights for retailers.
– Zippin opened its first checkout-free store in San Francisco back in 2018, and it has since entered into partnerships with the likes of Aramark, Sberbank, and the Sacramento Kings’ Golden 1 Center to power cashierless stores globally.
– The company said its ultimate goal is to retrofit stores with the required technology inside a day, with minimal downtime for retailers.

Computer Enterprise Software Knowledge Management SaaS Software Western Europe

Stravito raises $14.6M to create a ‘Netflix for enterprise market research’

– Stravito, a market research and insights company, raised €12.4m in Series A funding.
– The round was led by Endeit Capital and joined by existing investors HenQ, Inventure and Creades.
– To date, Stravito has raised €20.1m.
– The company appointed Elaine Rodrigo, chief insights & analytics officer at Reckitt Benckiser, to its board of directors.

Computer North Africa and the Middle East Software

Foretellix Closes $32M Series B Funding Round For Ensuring The Safe And Efficient Deployment Of Automated Driving Systems

– Foretellix announced a $32m Series B funding round, bringing its total raised capital to over $50m.
– The round was led by MoreTech Ventures with participation from several strategic investors, including Volvo Group Venture Capital, Nationwide and Japan-Israel High Tech Ventures. In addition, all series A investors, including 83North Ventures, Jump Capital, OurCrowd and NextGear participated in this new investment round.
– Foretellix was founded in 2018 by a team of verification and validation pioneers with a mission to make automated driving systems safe and efficient.

Computer North America Software

PDQ Receives Growth Investment from TA Associates

–, a Salt Lake City, UT-based provider of IT asset management software for small and medium-sized businesses, received an investment from TA Associates.
– The amount of the deal was not disclosed.
– TA, together with the PDQ founders and executive management team, plan to accelerate PDQ’s growth as the company aims to expand its portfolio of easy-to-use IT asset management and scanning software solutions.

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Armored Things Raises $12M in Series A Funding

– Armored Things is a crowd analysis and intelligence software company based in Boston, MA.
– Company raised $12m in Series A funding.
– The round was led by Nimble Ventures with participation from Gutbrain Ventures, PBJ Capital, and Micromanagement Ventures, as well as existing investors Glasswing Ventures, Will Ventures, and iNovia Capital.
– The company intends to use the funds to continue to build out its product platform, add to its team, and accelerate its go-to-market efforts in sports and entertainment venues, and on college and corporate campuses.

Artificial Intelligence Cloud Computing Computer Machine Learning Product Design Software Western Europe

Monolith AI Raises £8.5M in Series A Funding

– Monolith AI, a UK AI engineering software company, raised £8.5M in Series A funding.
– The round was led by Insight Partners with participation from existing investors Pentech and Touchstone, Alejandro Agag, the founder of Formula E and Extreme E, Apex Black and the Stanford Angels of the UK.
– The new investment will be used to accelerate the company’s international client base and continue to develop its 3D machine learning technology.

Analytics Computer North America Software

Parallax Raises $7M in Series A Funding

– Parallax, an Edina, MI-based company focused on managing workloads and workforces in a remote environment, raised $7M in Series A funding.
– The round was led by Grotech Ventures with participation from Matchstick Ventures and Rally Ventures.
– The new investment will be used to continue to innovate its platform and add talent.

Computer Cyber Security Information Technology Network Security North America

Cybersecurity monitoring and response startup Blumira raises $10.3M

– Blumira, a cybersecurity startup based in Ann Arbor, Michigan, announced that it raised $10.3 million in a series A round led by Mercury with participation from Ten Eleven Ventures, M25, Array Ventures, and others.
– The investment, which brings Blumira’s total raised to $12.9 million to date, will be used to grow the company’s security information and event management platform and double the size of its team to 80 employees within the next year.
– As enterprises embrace digital transformation during the pandemic, malicious actors are taking note — and advantage, in many cases. The world now faces roughly over 100,000 malicious websites and 10,000 malicious files every day. And ransomware has become prolific, despite the fact that 75% of companies infected with ransomware are running up-to-date endpoint protection.

Analytics Computer North America SaaS Software

Data visualization and analytics platform Preset takes in $35.9M

– San Mateo, California-based analytics data platform Preset announced that it raised $35.9 million in series B funding led by Redpoint Ventures, which had participation from Andreessen Horowitz.
– The closure of the round coincides with the launch of the company’s fully managed cloud service from beta, and it brings Preset’s total raised to $48.4 million.
– Most enterprises have to wrangle countless data buckets, some of which inevitably become underused or forgotten. A Forrester survey found that between 60% and 73% of all data within corporations is never analyzed for insights or larger trends.

Blockchain Computer Cyber Security North America Software

Blockchain Security Firm CertiK Announces $24M Series B+ Led by Tiger Global

– CertiK announced a $24m Series B+ funding round from Tiger Global and GL Ventures.
– This funding round complements the launch of Skynet Premium.
– Skynet Premium brings to market the industry’s first active-monitoring platform, enabling real-time alerts on live smart contracts that have already been deployed.
– Skynet Premium’s threat detection model utilizes machine learning to evolve in lockstep with the constantly shifting smart contract risk environment, growing evermore advanced as it encounters new threats and vulnerabilities.
– The platform provides a publicly available feed of security scores for each project on the Security Leaderboard.

3D Printing Computer Manufacturing North America Robotics Software

AREVO Raises $25M Series B Funding

– AREVO, an advanced manufacturing technology company, has recently closed a $25M round of financing.
– The round led by Khosla Ventures with new participation from Founders Fund. Other investors include GGVC, Alabaster and Defy.
– The center hosts a range of production systems, including 70 shipping container-sized Aqua 2 systems, the world’s first high speed additive manufacturing system for continuous carbon fiber composite structures, and a growing variety of post-processing capabilities.

Blockchain Computer Cryptocurrency Information Technology North America Software

Bitwave Raises $7.25M In Seed Funding

– Bitwave, a San Francisco, CA-based provider of enterprise digital asset tax and accounting software, raised $7.25M in seed funding.
– The round was led by Blockchain Capital with participation from Nascent, Nima Capital, Arca, XBTO Humla, and returning angel investor Rowan Trollope.
– The company intends to use the funds to expand its software capabilities and grow its client base.

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

Conversational AI Leader Raises $14 Million from Fractal

– announced a $14m investment from Fractal, a global provider of AI and analytics solutions to Fortune 500 companies.
– This investment will help 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.

Artificial Intelligence Computer Machine Learning North America Software

Latent AI, which says it can compress common AI models by 10x, lands some key backing

– Latent AI, a now three-year-old, Menlo Park, Ca.-based startup, just closed on $19m in Series A funding in a round co-led by Future Ventures and Blackhorn Ventures, with participation from Booz Allen, Lockheed Martin, 40 North Ventures, and Autotech Ventures.
– The company has now raised $22.5m altogether.

Art Blockchain Computer Digital Marketing Digital Media E-Commerce Marketplace North America Retail Software

MakersPlace Raises $30M in Series A Funding

– MakersPlace, a San Francisco, CA-based NFT marketplace for digital art, secured $30M in Series A funding.
– The round was co-led by Bessemer Venture Partners and Pantera Capital with participation from Uncork Capital, Draper Dragon Digital Assets, 9Yards Capital, Next Play Ventures, Coinbase Ventures and Sony Music Entertainment.
– The company will use the funds to acquire additional talent and scale the business in existing markets and explore new ones.

Computer Retail Western Europe

Patchworks Raises £3.3M in Funding

– Patchworks from UK raised £3.3m in funding.
– The round was led by Gresham House Ventures on behalf of the Baronsmead VCTs.
– The new investment will be used to bolster sales and marketing capabilities and advance product development.

Computer Cyber Security Information Technology Network Security North America

Nozomi Networks raises $100M to protect critical infrastructure

– Nozomi Networks, a company offering cybersecurity and operational visibility services for industrial control systems, announced that it secured $100 million in a series D funding round led by Triangle Peak Partners, with participation from Forward Investments, Honeywell Ventures, Keysight Technologies, Porsche Digital, Telefónica Ventures, the U.S. government-affiliated In-Q-Tel, and others.
– The company says it’ll use the capital to help scale its product development initiatives as well as its go-to-market approach globally. Specifically, Nozomi will expand its sales, marketing, and partner enablement efforts and enhance its products to address new challenges in operational technology and internet of things (IoT) security markets, CEO Edgard Capdevielle said.
– Ransomware and malware attacks on organizations and infrastructure are at an all-time high.

Computer Network Security North America

Managed cybersecurity startup SolCyber emerges from stealth with $20M

– SolCyber emerged from stealth with $20m in series A funding led by ForgePoint Capital.
– The company says the proceeds will be put toward enhancing its products and services and extending its go-to-market efforts, particularly as it gears up for growth.
– The year 2020 holds the record for the most cyberattacks and breaches worldwide ever.
– SolCyber offers a tech stack that includes endpoint with extended detection and response capabilities, email security, protection against Active Directory abuse, and admin exploitation prevention.
– The company plans to expand its workforce to 20 by the end of the year, angling to tackle an information security market where spending is set to exceed $170.4 billion in 2022, according to analysts at Gartner.

Artificial Intelligence Computer Financial Services FinTech Information Technology North America Software

Kasisto Announces $15.5M in Series C Funding

– Kasisto, creators of KAI, a digital experience platform for the financial services industry, has closed its $15.5m Series C funding round.
– The round was co-led by new investors Naples Technology Ventures (NTV) and NCR Corporation with continued participation from Kasisto’s current investors.
– The round bringing the company’s total funding to date to $67m.

Computer Hardware North America

PsiQuantum Closes $450 Million Funding Round to Build the World’s First Commercially Viable Quantum Computer

– PsiQuantum has raised $450m in Series D funding to build the world’s first commercially viable quantum computer.
– The funding round was led by funds and accounts managed by BlackRock, along with participation from insiders including Baillie Gifford and M12 – Microsoft’s venture fund – and new investors including Blackbird Ventures and Temasek.
– PsiQuantum has now raised a total of $665m in funding to date.
– PsiQuantum was founded in 2016 by the world’s foremost quantum computing experts, who understood that a useful quantum computer required fault-tolerance and error correction, and therefore at least 1 million physical qubits.

Computer Cyber Security North Africa and the Middle East Software

ActiveFence Announces $100 Million in Funding to Keep the Internet Safe

– ActiveFence raised $100M in funding.
– The announcement covers both a Series B round, led by CRV and Highland Europe, and a previously unannounced Series A round, led by Grove Ventures and Norwest Venture Partners.
– Other significant participants in the rounds include Vintage Investment Partners, Resolute Ventures and others.
– The company protects billions of people worldwide from disinformation, child abuse, terror, hate speech, fraud, and other online harms.
– The company’s roster of customers – which includes social media, audio and video streaming, file sharing, gaming, marketplaces and other types of technology platforms – continues to grow 100% year over year.
– The funds will be used to invest in product development as well as accelerate global growth. Today the company employs almost 200 people across six global offices.

Computer Mobile Retail Technology SaaS Software Western Europe

YOOBIC Raises $50M Series C to Transform Workplace Experience for Frontline Employees

– YOOBIC, the all-in-one digital workplace for frontline teams, announced closing a $50M Series C funding round led by Highland Europe.
– Existing investors Felix Capital, Insight Partners, and a single family office advised by BNF Capital Limited also participated in the round.
– With $80M in total fundraising since inception, YOOBIC’s industry-leading all-in-one digital workplace is the first full-service software platform designed for frontline teams.
– Its scalable and user-friendly app gives retail associates, restaurant staff, fieldworkers, and all types of frontline employees a single centralized mobile hub to support their daily task management, deliver digital training, and enable seamless communication with peers, supervisors, and HQ.

Artificial Intelligence Cloud Computing Computer Hardware Machine Learning North America

Tachyum Triples Company Valuation On Closing of Series B Funding Round

– Tachyum closed its Series B funding round, led by private equity investor IPM Group in cooperation with the other investors.
– The latest monies raised from round will be used to finalize Prodigy as it moves from the successful demonstration of an FPGA prototype to tape-out and then to manufacturing of the world’s first Universal Processor Chip.
– Tens of millions of dollars are raised in series B.

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.

Computer North America Software

Nooks Raises $5M in Seed Funding

– Nooks is a virtual office for distributed teams to work, hang, and collaborate with the real-time, human connection of working in the same room.
– The company raised $5m in seed funding.
– The round was led by Tola Capital with participation from Floodgate, Julia and Kevin Hartz, CEO & chairman of Eventbrite; and Julia Lipton, founder of Awesome People Ventures.
– The new investment will be used to expand operations and business reach.

Blockchain Computer Cyber Security North America Software

Blockchain Security Firm CertiK Announces $37M Series B from Coatue, Shunwei Capital, Coinbase Ventures

– CertiK announced a $37M Series B funding round co-led by Coatue Management and Shunwei Capital, with participation from Coinbase Ventures.
– This is the largest single round of fundraising in the blockchain security space, adding to CertiK’s list of notable backers, which include IDG Capital, Binance, Lightspeed Venture Partners, Yale University, and others.
– CertiK is a pioneer in blockchain security, utilizing best-in-class AI technology to audit and monitor blockchain protocols and smart contracts.
– Since Q1 2020, CertiK’s team size has more than doubled, and this rate of growth will continue in 2021, creating a highly effective, remote-friendly culture with talent located worldwide.

Computer North America Software

Former Nutanix execs launch new startup with $50M seed round

– DevRev, a software company from two former Nutanix executives, emerged from stealth with a $50m seed round from Mayfield Fund, Khosla Ventures and several industry luminaries.
– The company aims to bring the coding and revenue processes closer together.
– It’s not every day you see a $50m seed round, but perhaps the fact that former Nutanix co-founder and CEO Dheeraj Pandey and his former SVP of engineering Manoj Agarwal are involved, could help explain the investor enthusiasm for the new project.
– The company intends to build an API to help developers pull this information from existing systems for companies already working with a CRM tool like Salesforce, while helping gather that customer information for younger companies who might lack a tool.

Computer Cyber Security Network Security North America Security Software

AttackIQ Announces $44 Million in Series C Funding to Fuel Global Growth and Vision of Security Optimization

– AttackIQ announced a $44m Series C funding round led by Atlantic Bridge.
– The company announced that Kevin Dillon, Co-Founder and Managing Partner at Atlantic Bridge, has also joined the AttackIQ Board of Directors.
– The new funding comes at a dynamic time for the company, which has recently accelerated its international expansion efforts throughout Europe, the Middle East and Africa (EMEA), as well as the Asia Pacific and Japan (APJ) regions.
– AttackIQ is deeply committed to giving back to the global cybersecurity community.
– With more than 17,300 registered students to date in 176 countries, AttackIQ Academy provides free entry-level and advanced cybersecurity training and hands-on cyberrange labs, so CISOs can keep their teams knowledgeable on the latest cybersecurity attack methods and defense strategies.

Computer North America Software

WellSaid raises $10M to generate synthetic voices

– WellSaid Labs, a startup developing synthetic voice technology, announced it has raised $10 million in a series A round led by Fuse, with participation from Voyager, Qualcomm Ventures, and GoodFriends.
– The round, which was oversubscribed, will support the company’s R&D and grow its team, according to CEO Matt Hocking.
– Creating natural-sounding speech from text is considered a grand challenge in the field of AI and has been a research goal for decades.
– Content creators and product designers have long faced tradeoffs between quality and scalability when using text-to-speech tools versus human voiceovers.
– But with AI, creators, product developers, and brands have the potential to power experiences with a wide variety of voice styles, accents, and languages at scale.

Computer Network Security North America

Data Analytics Platform, Opaque, Raises $9.5 Million Seed from Intel Capital and Race Capital to Unlock Encrypted Data with Machine Learning

– Opaque, the secure data analytics platform company, announced $9.5M in seed funding, led by Intel Capital with participation by Race Capital, The House Fund, and FactoryHQ.
– Opaque helps organizations to analyze encrypted data in the cloud using popular tools like Apache Spark, the open-source analytics engine, while ensuring that their data is not exposed to the cloud provider.
– This funding will expand Opaque’s contribution to the open source and data security community.
– A majority of data sits in private hands – by 2025, it is predicted that 80% of data worldwide will reside in enterprises and the global data economy is pegged at $3 trillion.

Cloud Computing Computer Enterprise Software Finance Information Technology Insurance North America Software

EIS Receives More Than $100M Investment from TPG

– EIS, a San Francisco, CA-based core and digital platform provider for insurers, received a growth investment of more than $100m from TPG.
– TPG is investing out of TPG Tech Adjacencies (TTAD), its fund focused on flexible capital solutions for the technology industry.
– The company intends to use the funds to continue to accelerate product development across the spectrum of risk, health, and wealth, and support geographic expansion.

Computer North America

Pratexo Completes Seed Round to Take Distributed Computing and AI to the Edge

– Pratexo Inc. announced the completion of a $3.5M Seed Round led by BCP Blitz LP, Raiven Capital, and Northscaler, along with a consortium of business and technology leaders from the U.S., Canada, and Scandinavia.
– The investment allows Pratexo to significantly accelerate both its platform development and go-to-market efforts across North America and Europe.
– Pratexo provides a technology platform to support IoT and artificial intelligence strategies and initiatives which demand compute power at the edge, such as near sensors or cameras placed in remote locations.
– Ideally suited for industries such as shipping, energy, utilities, defense, and smart buildings/cities, Pratexo uses open and proven technologies to configure the most appropriate architecture for a particular type of edge application.

Computer Network Security North America

DataTribe Announces $2.5M Seed Investment in Ntrinsec

DataTribe announced a $2.5M seed investment in Ntrinsec.
– Ntrinsec is the only moving-target defense start-up that is solving the secrets sprawl that exists in enterprises of all sizes today.
– Ntrinsec uniquely marries automated comprehensive key discovery, machine identity management, and orchestration of safe, automated remediation through synthetic testing and other simulations to massively simplify key management in today’s increasingly complex environments.
– Continuous integration and delivery automation, micro services, and multi-cloud architectures have revolutionized the speed and efficiency of organizations to digitize their operations, but these trends have also caused significant secret sprawl and poor secrets hygiene. Now, with Ntrinsec’s platform, secrets management can be automated with the same level of speed and efficiency.

Computer Industrial Network Security North America

Augtera Emerges From Stealth With $13M Series A Led by Intel Capital; Launches Network AI Platform for Proactive Management and Resolution in Multi-Cloud Networks

– Augtera Networks, the industry-first Network AI platform purpose built for modern enterprise multi-cloud networks, launched with $13M in a Series A round led by Intel Capital, with participation from Dell Technologies Capital, and return investors Bain Capital Ventures and Acrew Capital.
– Already deployed in large scale production networks of Fortune 500 and global companies including Orange and Colt Technologies and collaborating with Dell Technologies, Augtera is reimagining network performance and management using its optimized AI algorithms to provide proactive visibility, prevent network incidents, and dramatically reduce resolution times.
– This financing brings total capital raised to $18M and Nick Washburn, Senior Managing Director and Chief Operating Officer at Intel Capital, joins Enrique Salem, Partner at Bain Capital Ventures, on Augtera’s board.

Computer Developer Platform Gaming North America

Tripp Raises $11M in Funding

– TRIPP is a digital psychedelic platform based in Los Angeles.
– The company raised $11m in funding round.
– The round was led by Vine Ventures and Mayfield with participation from Integrated, AlphaBridge Ventures, Beni VC, Berkeley Club, CJ Group, CTR Capital, Evolution, Robert Goldberg, Tony Greenberg, Grit VC, Incisive Ventures, Inflect Health, Iter Investments, Joanna Popper, Jim Dew, Joe Polish, JLS Fund, Lionheart Ventures, Matt Mullenweg, Mike DeLuise, Murtaza Hussain, NeoKuma, Presence Capital, PsyMed Ventures, Redbeard Ventures, Re.Mind Capital, Social Leverage, WhatIf Ventures and other individual investors.
– The company intends to use the funds to continue growing both its team and user base, further R&D, and expand its adaptive platform to support cross-platform distribution.

Computer North America Open Source Software

Phylum Raises $4.5M in Seed Funding

– Phylum is an Evergreen, CO-based software supply chain security company.
– The company raised $4.5m in seed funding.
– The round was led by First In with participation from TechOperators, General Advance, Verissimo Ventures, Area 51 Ventures, Vijay Pandurangan, Philip Martin, CSO for Coinbase, and Caleb Sima, CSO for Robinhood.

Computer Network Security North America Software

Anjuna Raises $30M in Series B Funding

– Anjuna, a Palo Alto, Calif.-based confidential cloud platform provider, closed its Series B financing, with an investment of $30m.
– The investment was made by Insight Partners, and brings total funding to over $42m.
– The company intends to use the funds to bring its platform to market, and to continually evolve its technology and security innovations in the enterprise confidential computing market.

Computer North America Software

Vehicle Tracking Solutions Secures $70 Million Investment from LLR Partners

– Vehicle Tracking Solutions announced a $70m investment from LLR Partners.
– The capital will be used to help accelerate growth for IntelliShift, a division of VTS, by fueling innovation, expansion in North America and an enhanced focus on the customer experience for digitizing and transforming fleet and safety management.
– VTS’s connected fleet and safety operations solutions are used by more than 3,000 customers from emerging small businesses to complex, regulated organizations with thousands of vehicles and assets.
– VTS will operate as an independent platform company, pursuing growth organically as well as through potential acquisitions.

Computer Network Security Western Europe

Edgeless Systems Raises €1.45M in Seed Funding

– Edgeless Systems from Bochum develops an open-source software stack for cloud-native confidential computing.
– The company raised €1.45M in seed funding.
– Backers included Acequia Capital (US), Inventures (DE), SIX Group AG (CH), Venture Creator (DE), and individual angel investors.
– The new investment will be used to expand the 12-member team on both cengineering and business site and expand its office capacities in Bochum and remotely.

Artificial Intelligence Computer Information Technology Intelligent Systems Machine Learning North America Software

Vianai Systems raises additional $140M to build upon strong customer adoption

– Vianai Systems, a Human-Centered AI platform and products company, announced that it has raised $140M in a Series B financing from SoftBank Vision Fund 2 and several industry luminaries.
– Vianai will use the new capital to accelerate the delivery of its human-centered AI platform and products to enterprises worldwide.
– For many enterprises, AI has not lived up to its hype. AI’s true potential originates from the ability to put humans at the center of technological solutions.
– Vianai’s pioneering human-centered AI approach amplifies human judgment thus empowering domain experts with AI tools to deliver powerful business value.
– Vianai has already delivered successful business outcomes to numerous world-leading enterprises.

Augmented Reality Computer Construction Hardware Western Europe

XYZ Reality Raises £20M in Series A Funding

– XYZ Reality, a London, UK-based engineering-grade augmented reality company, raised £20m in Series A funding.
– The round was led by Octopus Ventures.
– The company intends to use the funds to prepare HoloSite’s commercial launch in the USA, continue investment in strengthening research and development, and grow its London team to include key hires across technology, manufacturing, sales and marketing.

Computer North Africa and the Middle East Software

Stoke nabs $15.5M to boost its AI-driven freelance management system

– Stoke is announcing it has raised $15.5m in a series A round of funding.
– The company, which offers a freelance management system (FMS) to help enterprises manage independent contractors, freelancers, consultants, agencies, and gig workers, will use the funds to build out engineering, product marketing, and sales.
– In terms of the product itself, he says the company wants to expand its partner ecosystem for marketplaces with sources for talent, including improving the experience for sourcing and adding a greater variety of sourcing capabilities.
– The company will also work toward launching global compliance for classification, rounding out compliance offerings for the U.S. and some European countries that Erez said are now “pretty solidified.”

Computer Information Technology Quantum Computing Western Europe

Pasqal Raises €25M in Series A Funding

– Pasqal, a French maker of quantum processors, raised €25 M in Series A funding.
– The round was led by Quantonation with participation from Runa Capital, Daphni and Eni Next and previously announced commitment by the European Innovation Council (EIC) Fund.
– The company intends to use the funds to advance the development of its analog and digital quantum processors, strengthen its applications co-design approach, build its Quantum Computing as a Service hybrid cloud offer as well as initiate international expansion.

Bitcoin Blockchain Cloud Infrastructure Cloud Management Computer Cryptocurrency Ethereum FinTech North America

Blockdaemon Raises $28 Million In Series A Funding To Help Institutions Quickly and Securely Scale Blockchain Infrastructure

– Blockdaemon closed a $28m Series A funding round.
– The round was led by Greenspring Associates with participation from Goldman Sachs, BlockFi, Warburg Serres, Uphold, Voyager Digital Ltd., Illuminate Financial, and Hard Yaka.
– Existing seed round investors Boldstart Ventures, Coinfund, Kenetic, CoinShares, Borderless Capital, Ventures, Lerer Hippeau and Heavybit increased their investments.
– Blockdaemon is the foundational layer to the blockchain industry, enabling participants to stake and deploy nodes with institutional-grade security, scalability and reliability.
– Blockdaemon offers access to new financial infrastructure for a variety of market participants, from large financial institutions, exchanges and custodians to small, agile crypto native firms and developers.

Computer North America

Green Father Raises $1.5M in Seed Funding

– Green Feather, an Atlanta GA-based healthcare fintech company, raised $1.5m in seed funding.
– The round was led by Lawrence P. Huang (co-founder, Ciena Corp.), who serves as Executive Chairman of Green Feather with participation from Joseph Davi (CEO and founder, Med-Metrix) and Jeff Brodsly (founder, Chosen Payments).
– In conjunction with the funding, Joseph Davi will take a Board seat.
– The company will use funds to accelerate customer acquisition and engineering resources for Feather Pay.

Advertising Computer E-Commerce E-Commerce Platforms North America Retail Technology SaaS Software

Paloma Closes $4M Seed Funding Round

– Paloma from NYC is a commerce platform turning Messenger into a sales channel.
– The company raised $4m in seed funding.
– The round was led by Laconia Capital Group, with participation from Philip Krim from Casper and David Heath from Bombas.
– The new investment will be used to expand operations and development efforts.

Assistive Technology Computer Data Center Automation Information Technology North America

ElectroNeek Scores $20M Series A Financing

– ElectroNeek, a leading robotic process automation (RPA) platform for managed service providers (MSPs) and IT teams, has raised $20m in a Series A funding round.
– The round was led by Baring Vostok with participation of AICPA and existing investors –, Dragon Capital, I2BF, Angelsdeck, Gokul Rajaram and others.
– Following the new funding influx, ElectroNeek’s valuation now exceeds $100m.

Computer North America

Green Feather Secures $1.5M in Seed Round

– Green Feather, an Atlanta-based healthcare fintech company, today announced a seed capital raise of $1.5M.
– The capital will bolster customer acquisition and engineering resources for Feather Pay, Green Feather’s next-generation patient payments platform.
– The round was led by Lawrence P. Huang (co-founder, Ciena Corp.), who serves as Executive Chairman of Green Feather with existing investors also carrying their support.
Joseph Davi (CEO and founder, Med-Metrix) and Jeff Brodsly (founder, Chosen Payments) also participated.

Computer North America

Asset Class Announces $3M Strategic Seed Round Investment From Angel Oak Ventures, Expands Board as It Targets Further Expansion

– Asset Class, a fintech company headquartered in Dublin, with offices in New York and London, announces a strategic investment from Angel Oak Ventures, the technology venture arm of Angel Oak Companies, which is headquartered in Atlanta.
– Formed in 2020, Asset Class provides a range of innovative custom and packaged software solutions to clients across financial sectors, including private equity, venture capital, financial advisory and commercial lending.
– Angel Oak shares that vision. We are delighted to welcome Angel Oak as a strategic investor to help us accelerate the development of next-generation solutions for the financial services marketplace.
– Sreeni Prabhu, co-CEO of Angel Oak Companies, and Nik Chillar, co-president of Angel Oak Commercial Lending, will join the Asset Class board of directors.

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