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Artificial Intelligence Business Intelligence CRM Enterprise Software Information Technology North America

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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CRM Information Technology North America SaaS Software

Walnut Raises $15M in Series A Funding

– Walnut is a NYC-based sales experience platform provider.
– The company raised $15m in Series A funding.
– The round was led by Eight Roads Ventures.
– The new funding will be used to expand the team, develop the technology and platform.

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Automotive CRM North America SaaS

DealerPeak Raises $3.075M in Funding

– DealerPeak, a Denver CO-based provider of a CRM in the automotive industry, raised $3.075M in funding.
– The round was led by Geweke Auto Group with participation from Tim Crown, Jim Prendergast and Zach Ferres.
– The company intends to use the funds to expand operations and its business reach.

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Consulting CRM Information Technology Manufacturing North America Robotics

Chasm Advanced Materials Raises $15M in Series C Funding

– Chasm Advanced Materials, Inc. from Canton, MA is a nanotube hybrids manufacturer.
– The company raised $15m in Series C funding.
– The round was led by Wave Equity Partners, joined by Birla Carbon, as well as SWM International (NYSE: SWM).
– The new investment will be used to accelerate commercial penetration of its AgeNT™ products for transparent printed electronics, NTeC™ products for energy storage and a broad range of composites applications, and to launch CHASM-H2O™ – a new category of membranes targeted at disrupting water treatment to address the world’s water scarcity problem.

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CRM Digital Marketing E-Commerce E-Commerce Platforms North America

Cart.com Raises $98M in Series B Funding

– Cart.com from Houston TX provides ecommerce solutions to help businesses scale online.
– The company closed $98M Series B funding round.
Oak HC/FT led the round, with participation from PayPal Ventures, Clearco, Raven One Ventures, G9 Ventures and prior investors Mercury Fund, Moonshots Capital, Valedor Partners, Arsenal Growth, as well as Sebastian Rymarz, CEO of Heyday, Phillip Krim, CEO of Casper, as well as executives at Discover Financial, Robinhood, Blinds.com and Uber.
– The company intends to use the funds to further strengthen its ecommerce-as-a-Service (ECaaS) integrated platform and continue acquiring solution providers.

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Cloud Computing CRM Customer Service North America SaaS Software

Call center automation platform Talkdesk picks up $230M

– Talkdesk, which provides an enterprise contact center platform, announced that it raised $230 million at a post-money valuation of $10 billion.
– The round brings the company’s total raised to $498 million to date.
– Talkdesk currently has over 1,800 customers — Petco, Lemonade, and Sysco among them — and plans to increase the size of its workforce from 1,800 to around 2,200 by 2022.

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Artificial Intelligence B2B CRM Information Technology Machine Learning Productivity Tools SaaS Sales Sales Automation Software Southeast Asia

Nektar.ai Closes US$8.1M Seed Funding Round

– Nektar.ai from Bengaluru, India and Singapore raised US$8.1M in seed funding.
– The round was led by B Capital Group, 3One4 Capital, and Nexus Venture Partners with participation from Amit Midha, Ritesh Agarwal, Kevin Merritt, Evan Davidson, Deep Nishar, and Tom Donlea.
– The new investment will be used to accelerate product development and hire talent for its core team across product, engineering, and GTM functions.

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CRM Marketing North America Software

Hightouch Raises $12.1M in Series A Funding

– Hightouch from San Francisco is a Reverse ETL software company.
– The company raised $12.1m in Series A funding.
– The round was led by Amplify Partners, with participation from new investor Bain Capital Ventures and returning investors Y Combinator and Afore Capital, as well as angel investors such as the founders and CEOs of companies like Datadog, Clearbit, Okta, Segment, Materialize, Pendo, and mParticle.
– The new investment will be used for product development and innovations that will empower less technical business teams to leverage data in the tools they use every day.

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Consumer Goods CRM E-Commerce Fast-Moving North America Retail Technology SaaS

Repeat Raises $6 Million in Series A Financing to Help CPG Brands Turn One-Time Buyers Into Repeat Customers

Battery Ventures led a $6m Series A investment in Repeat, a headless ecommerce platform for consumer packaged goods brands.
– The round was joined by existing investors, including Harlem Capital and Mucker Capital.
– Repeat is helping brands to better serve their existing customers by making reordering everyday items easier.
– Repeat is used by brands like by Humankind, Jot, and Vegamour.
– Repeat’s headless technology allows brands to separate the front end of their ecommerce store (like their website design and presentation) from their back-end (like Shopify) to deliver faster, more flexible shopping experiences.
– Repeat’s email integration with Klaviyo, as well as automated SMS notifications and QR code support, allow brands to send returning customers to their Repeat carts instead of a brand’s category page or PDP.

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CRM GovTech Information Technology North America Robotics Software

Daupler Raises $4M in Funding

– Daupler, a Kansas City-based provider of a software platform for cities, utilities, and other service providers to manage their operations, raised $4M in funding.
– The round was led by Burnt Island Ventures with participation from Revolution Fund, Runway Venture Partners, Knoll Ventures and KCRise Fund.
– The new investment will be used to further strengthen the company’s technical and commercial offering, and continue to expand operations and its business reach.

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CRM Home Services Information Technology North America SaaS

ServiceTitan Closes $200M Series G; To Acquire Aspire; Reaches $9.5B Valuation

– ServiceTitan, a Los Angeles, CA-based provider of software for the trades, raised $200m in Series G financing.
– The round was led by new investor Thoma Bravo.
– The company intends to use the funds to continue to invest in research and development, growth, and customer service, following the launch of its customer support center in Salt Lake City in May, and hire talent across the board, particularly in customer support, sales, product, and engineering.

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Call Center Collaboration CRM SaaS Software Telecommunications VoIP Western Europe

Aircall Raises $120M in Series D; Valued Above $1 Billion

– Aircall, a NYC-based cloud-based voice platform for companies across the globe to manage customer support and sales calls, raised $120m in Series D funding.
– The round was led by the Growth Equity business within Goldman Sachs Asset Management, and joined by most current investors (DTCP, eFounders, Draper Esprit, Adams Street Partners, NextWorld Capital, Gaia Capital Partners).
– The new investment will be used to enrich its app ecosystem, specifically with new integrations covering all use cases, from e-commerce to financial services, Sales, Support, etc.

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B2B Business Intelligence CRM Marketing Automation North America Software

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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CRM Email Marketing Enterprise Software Marketing Automation North America

Iterable Raises $200M in Series E Funding

– Iterable, a San Francisco, CA-based provider of a martech platform focusing on the development and optimization of cross-channel experiences, raised $200m in Series E funding.
– The round was led by new investors Silver Lake, Adams Street Partners, Glynn Capital, and DTCP and existing investors CRV, Viking Global Investors, Blue Cloud Ventures, and Capital Ventures.
– The new investment will be used to continue to develop the platform and expand its business reach.

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Business Intelligence CRM Data Center Automation North America SaaS Software

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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Apps B2B Consumer Research CRM Health Care Market Research North America

Thrivable Raises $1.7M in Funding

– Thrivable from Cleveland, OH, closed $1.7M in funding.
– The round was led by Allos Ventures, JumpStart, North Coast Ventures, and Early Light Ventures.
– The company intends to use the funds to expand its global team of full-time employees with a focus on the areas of technology, research, data science, sales, and marketing.

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Billing Cloud Data Services CRM Enterprise Software Marketing North America Point of Sale SaaS Scheduling Software

Zenoti Raises $80M Investment from TPG

– Zenoti from Bellevue develops a software platform for salon and spa businesses.
– Series D funding round was led by TPG with participation of previous investors – Battery Ventures, First Round Capital, and Madrona Venture Group.
– The new investment increases company valuation to almost $1.5b.
– The company intends to use the funds to continue to expand its platform through forthcoming M&A, while providing some liquidity to its employees.

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B2B CRM North America Software

BuyerAssist launches with $2M in funding to help B2B sales team keep their buyers engaged

– BuyerAssist, a new startup founded by former employees of sales readiness platform MindTickle, wants to make the buying process as smooth as possible.
– The company is launching its beta product to the public with $2 million in seed funding led by Stellaris Venture Partners and Emergent Ventures, with participation from angel investors.
– The capital will be used for hiring in the U.S. and India, with plans to bring BuyerAssist’s platform out of beta later this year.

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CRM E-Commerce Platforms North America SaaS Sales Automation Software

DealHub raises $20M Series B for its sales platform

– DealHub.io, a platform that helps businesses manage the entire process of their sales engagements, raised $20m in Series B funding.
– The round was led by Israel Growth Partners, with participation from existing investor Cornerstone Venture Partners.
– This brings DealHub’s total funding to $24.5m.
– The company describes itself as a ‘revenue amplification’ platform (or ‘RevAmp,’ as DealHub likes to call it) that represents the next generation of existing sales and revenue operations tools.
– It’s meant to give businesses a more complete view of buyers and their intent, and streamline the sales processes from proposal to pricing quotes, subscription management and (electronic) signatures.

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CRM Enterprise Enterprise Software North America SaaS Sales

Outreach Raises $200M in Series G; Valued at $4.4 Billion

– Outreach is a sales engagement platform provider based in Seattle.
– Company closed $200m funding round from Premji Invest, Steadfast Capital Ventures, Tiger Global Management, Sequoia Capital Global Equities, Vista Public Strategies and one of the largest U.S. asset managers based on the West Coast.
– The new investment will be used to further strengthen its position as a sales technology platform while accelerating market expansion and growth.

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CRM EdTech Lead Generation Marketing North America Software

Kajabi: $550 Million Funding And Over $2 Billion Valuation

– Kajabi is an e-commerce platform for knowledge economy.
– The company raised $550m in growth equity financing.
– The round was led by Tiger Global Management and also included TPG, Tidemark, Owl Rock Capital, and Meritech Capital.
– Kajabi intends to continue scaling its team and building best-in-class products, expand internationally, and explore strategic mergers and acquisitions that can further expand its product portfolio and geographic reach.

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B2B CRM E-Commerce Marketing Marketing Automation North America SaaS Sales Sales Automation

Qualified.com Raises $51M in Series B Funding

– Qualified is a conversational sales and marketing platform purpose-built for Salesforce Sales Cloud.
– The company raised $51m in Series B funding.
– The round was led by Salesforce Ventures, with participation from existing investors Norwest Venture Partners and Redpoint Ventures.
– The new investment will be aimed at accelerating product innovation and expanding the team in all key functions including engineering, sales, marketing and customer success.

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B2B CRM E-Commerce Marketing Marketing Automation North America SaaS Sales Sales Automation

Qualified raises $51M to help Salesforce users improve their sales and marketing conversations

– Qualified, a startup that builds better interactions for B2B sales and marketing teams that already use Salesforce by tapping into extra data sources to develop a better profile of those visiting your website, in aid of improving and personalizing the outreach has picked up $51m in funding.
– The funding round was led by Salesforce Ventures and joined by Norwest Venture Partners and Redpoint Ventures, both previous backers, among others.
– The startup will be using the Series B to continue building out its business with more functionality in the platform, and hiring across the board to expand business development and more.

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Brand Marketing CRM Data Integration Digital Marketing E-Commerce E-Commerce Platforms North America Software Web Development

OSF Digital Raises $43M in Funding

– OSF Digital, a Canadian global leader in digital transformation strategies, received $43m in funding.
– The round was led by existing investor Delta-v Capital with participation from Salesforce Ventures and personal investments from OSF Digital Board Chairman David Northington, Board Director Jeff Rich and Board Advisor Gary DiOrio.
– The company intends to use the funds to support its acquisition roadmap, which will add new companies in 2021 with strategic services and solutions valuable to customers.

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Artificial Intelligence CRM Health Care Machine Learning North America

SymphonyRM Raises $25M In Series B Funding

– SymphonyRM from Palo Alto develops an AI platform to empower health systems to acquire, engage, and retain patients.
– The company raised $25m in Series B funding.
– The round was led by new investment partner TT Capital Partners (TTCP) with continued investment from Adams Street Partners.
– The new investment will be aimed at accelerating sales and marketing efforts and increasing the company’s reach and presence in the payer segment.

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CRM Legal Legal Tech North America Software

Clio Raises $110M Series E Funding; Valued at $1.6 Billion

– Clio is a Vancouver, BC, Canada-based provider of a cloud-based legal technology platform.
– The company raised US$110M in Series E funding.
– The round was led by funds and accounts advised by T. Rowe Price Associates, Inc. and also included Omers Growth Equity.
– The new investment will be used to further invest in its platform, strategic acquisitions, partnerships and to grow its workforce by 250 employees in 2021, with a focus on bolstering its product and engineering teams to continue innovating and evolving its product offerings.
– Clio currently employs over 500 staff across five global offices.

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Analytics CRM Marketing North America Software

Element451 Closes $3M Series A

– Element451 from New York closed a $3m Series A funding round, led by Cultivation Capital.
– The round was joined by series seed lead investor Cofounders Capital and another strategic investor.

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Consumer CRM Marketing North America

Personalized Loyalty Solutions Provider Exchange Solutions Raises Growth Funding

– Exchange Solutions completed a recapitalization and growth round led by Clipper Ship Ventures.
– Growth capital will be used to expand sales and marketing efforts throughout North America and expand the company’s SaaS loyalty and personalized offers capabilities.
– “This new investment enables us to accelerate momentum through direct sales and partnerships, and to further establish our market leading position in personalized loyalty solutions,” said Mike Hughes, CEO of Exchange Solutions.

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CRM North America Productivity Tools Software

Sonar, which monitors companies’ Salesforce tech stack for changes, raises $12M

– Salesforce has emerged as a formidable force in the cloud-based enterprise software sphere — a $200 billion colossus upon which countless others have built their own billion-dollar businesses.
– Against this backdrop, Sonar today announced it has raised $12 million from a slew of big-name investors, including David Sacks’ Craft Ventures and Slack’s venture capital fund, to bring “X-ray vision” to Salesforce by helping sales teams visualize how all their data is connected and used across related systems.

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B2B Big Data Corporate Training CRM Enterprise Software Knowledge Management North America SaaS Software Training

Spekit Raises $12.2M Series A to Revolutionize the Way Employees Work and Learn in the Remote Age

– Spekit raised $12.2M in a Series A round.
– The round was led by Foundry Group and Renegade Partners, with participation from Operator Collective, Matchstick Ventures and Bonfire Ventures.
– The company has raised a total of $15.7M.
– Spekit is one of only three women-led companies in the broader digital adoption, enablement and Learning Management System (LMS) space.
– The company is tackling two of the biggest barriers to growth in today’s SaaS-driven, remote work environment: driving the adoption of constantly evolving technology and empowering increasingly dispersed employees with the knowledge they need to be productive and successful in their roles.

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CRM Developer Platform North America Sales Software

Demoflow Raises $2.4M in Second Seed Funding

– Demoflow from Denver provides a platform for sales team collaboration to boost productivity, increase revenue, and decrease sales cycles.
– The company raised $2.4m in the second seed funding round.
RTP Seed led the round with participation from Slack Fund, First Mile Ventures, Next Frontier Capital, and Heroic Ventures.
– The company intends to use the funds to continue to expand its platform’s functionality.

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Collaboration CRM Enterprise Software Information Technology North America Productivity Tools SaaS Sales Sales Automation

Hub, a productivity platform for technical sales professionals, launches with $1M in funding

– Hub, a productivity platform for technical pre-sales, has formally launched with $1m in seed funding.
– The company was founded by CEO Freddy Mangum and CTO Karl Gainey.
– Hub is designed to help individual contributors manage the sales process.
– The company was founded in 2020.

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CRM Home Services Information Technology North America Real Estate SaaS Software

ServiceTitan Bags $500M Series F Financing

– ServiceTitan from Phoenix has raised a $500M Series F growth financing.
– The round was led by Tiger Global Management and Sequoia Capital Global Equities with significant participation from existing investors, including Bessemer Venture Partners, ICONIQ Capital, Battery Ventures, Index Ventures, Durable Capital, Dragoneer Investment Group, and funds and accounts advised by T. Rowe Price Associates.
– ServiceTitan serves more than 7,500 contracting businesses that collectively employ more than 100,000 technicians and perform more than $20 billion worth of annual transactions across various home and commercial service verticals, including plumbing, air conditioning, electrical, and more.

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Communications Infrastructure CRM Email Machine Learning North America SaaS Technical Support

LANGUAGE I/O RAISES $5 MILLION; Female Co-Founders Position for Expansion with Venture Capital Funding and Innovative Software Solution

– Language I/O announced it has raised $5m in funding.
– This is significant as the company was bootstrapped since 2015, except for a $500k seed round in October 2016.
Bob Davoli and Bruce Clarke co-led the round, and were joined by other investors including Omega Venture Partners, Michael Wilens, Tom Axbey and Eric Schnadig.
– Golden Seeds participated in the original seed round as well as this latest round of funding.
– Davoli and Axbey will join the Language I/O board of directors along with the two co-founders of Language I/O, CEO Heather Morgan Shoemaker and CBO Kaarina Kvaavik.

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CRM E-Commerce E-Commerce Platforms North America SaaS

Chord Raises $18M In Series A Funding

– Chord Raises $18M In Series A Funding
– The round was led by Eclipse Ventures, which joined a roster of existing institutional investors including Foundation Capital, WhiteStar Capital, Forerunner Ventures, Index Ventures, and Thrive Capital, as well as angel investors from the commerce world, most notably Will Gaybrick of Stripe, and the founders of D2C brands such as Allbirds, Harry’s, and Warby Parker.
– The company intends to use the funds to develop more technology and data products, as well as to continue to grow.
– Bryan Mahoney is CEO and Henry Davis is Chairman & COO.
– Leslie Lorenz is joining the company as Vice President of Data.

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B2B Cannabis CRM E-Commerce Marketplace North America Supply Chain Management Wholesale

Leaf Trade Closes $5.5M Series A Round Led by Artemis Growth Partners, Future Shape, HPA

– Leaf Trade closed its $5.5m Series A round led by Artemis Growth Partners with participation from Future Shape 1.5 and Hyde Park Angels.
– Total funding for Leaf Trade comes to $10m to date. This includes the conversion of the company’s earlier round and provides significant fresh capital to accelerate current growth in the company’s core 17 markets, as well as to expand into west coast markets while continuing to invest in their technology.
– Leaf Trade, a technology company whose platform facilitates wholesale ordering and fulfillment for cultivators and retailers, recently launched its integrated payments platform, Leaf Pay, which provides for seamless, end-to-end order processing and payment for all transactions.

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Corporate Training CRM E-Learning Information Technology North America Robotics Skill Assessment

Shamrock Makes Strategic Investment in Learn on Demand Systems, a Leading Provider of Virtual Labs for Technology Training

Shamrock Capital, a Los Angeles-based investment firm, today announced that it has made an investment in Learn on Demand Systems, a leading provider of virtual labs used to power hands-on, experiential technology training.
– Terms of the transaction were not disclosed.
– Learn on Demand Systems provides cloud-based virtual lab environments to address a range of organizations’ information technology (IT) needs across skills validation, education, sales enablement, and customer support.
– The company’s offerings empower organizations to accelerate skills acquisition through scored hands-on experiences across a diverse set of topics including DevOps, cloud, security, and software development.
– This investment will be used to drive product enhancements, fuel growth with enterprise technology customers, and expand offerings.

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Analytics Artificial Intelligence CRM Information Technology Machine Learning North America

Merchant data platform Woflow emerges from stealth with $3.5M

– Woflow, a San Francisco-based data infrastructure company offering a standardized management platform for enterprises’ merchant data operations, is helping streamline the food delivery ecosystem during the pandemic.
– The company today announced its emergence from stealth with $3.5 million in funding from Craft Ventures and Base10 Partners, which it plans to put toward R&D, including scaling its product for new online ordering verticals and further developing its data science teams.
– IT teams are struggling to make sense of unstructured data, which is a problem for vendors in the food tech industry. Restaurants, for example, need their menu data translated to delivery applications with speed and accuracy, particularly to keep up with pandemic-driven demand. Woflow claims its system gets vendors onto end user enterprise platforms like Doordash within 24 hours instead of the traditional two weeks.

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Cloud Data Services CRM Enterprise Software Information Technology North America Procurement SaaS Software

Icertis Solidifies CLM Market Leadership with $80 Million Series F Round

– Icertis solidifies CLM market leadership with $80m Series F round
– Icertis is the contract intelligence company that pushes the boundaries of what’s possible with CLM.
– Icertis is experiencing accelerated growth, despite headwinds from COVID-19, highlighting the critical importance of contracts and CLM’s emergence as a “must have” system of intelligence for CxOs.
– Icertis leads the category because the Icertis Contract Intelligence (ICI) platform digitizes the contracting process, uniquely extracts the critical structured and unstructured data found in contracts, connects this data to operational surround systems, and leverages the power of AI to ensure the intent of every contract is fully realized.

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Analytics Artificial Intelligence CRM Marketing Automation North America Predictive Analytics Productivity Tools Sales Software

Clari revenue forecasting platform snags $150M investment and triples valuation to $1.6B

– Clari, a revenue operations platform, raised $150m in Series E funding.
– The round was led by Silver Lake and joined by B Capital Group and existing investors Sequoia Capital, Bain Capital Ventures, Sapphire Ventures, Madrona Ventures, Thomvest and Tenaya Capital.
– The company reports it has now raised a total of $285m.
– The company plans to double its employee headcount by the end of 2021.

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Contact Management CRM Email Email Marketing North America SaaS Software

Levitate Adds $8M to Series B Round

– Levitate has added $8M of funding to their Series B round, bringing total fundraising to $20M.
– The company’s $8M financing comes from its existing investors (Tippet Venture Partners, Peter Gassner, and Bull City Venture Partners) along with Lipson, who participated in this round personally.
– Levitate is a marketing software platform designed to help small businesses grow through the lost art of keeping in touch.

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CRM Enterprise Software North America Recruiting SaaS Small and Medium Businesses Software

Workiz locks in $13M for productivity tools aimed at home services professionals

– Workiz, a field service management platform for small businesses, raised $13m in funding.
– The round was led by New Era Capital Partners and joined by Aleph, Magenta Venture Partners, Maor Investments and TMT Investments.
– The company is based out of San Diego and Israel.
– It has some 100,000 service professionals using the platform.

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CRM Data Integration E-Commerce North America Retail Technology

SoundCommerce raises $15 million for big data insights that help retailers compete with Amazon

– SoundCommerce, a platform that unifies retailers’ data from across multiple systems, has raised $15m in a series A round of funding led by Emergence Capital.
– SoundCommerce is pitched as an end-to-end data platform that helps retailers improve their marketing and operations by harnessing all their data from customers, sales and purchase orders, shipments, and inventory.
– It does this by plugging into third-party platforms, including Google Cloud, Snowflake, AWS, Azure, Tableau, Looker, Microsoft Power BI, and more through prebuilt integrations.
– Ultimately, SoundCommerce wants to give retailers of all sizes the kind of data intelligence available to the major ecommerce players — such as Amazon.
– SoundCommerce had previously raised around $6.5m.

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CRM Developer Tools North America Software

Creatio raises $68 million for low-code enterprise process automation

– Creatio, a low-code process automation and customer relationship management (CRM) platform, has raised $68 million in a round of funding led by growth equity firm Volition Capital.
– The raise, which is the first external investment in Creatio’s eight-year history, comes during a boom period for low-code and no-code platforms, spanning everything from enterprise app building and marketing analytics to web development, game production, and process automation.
– The global low-code development market is pegged at roughly $10 billion today, a figure that’s projected to rise to $187 billion within a decade as businesses battle to hire and retain top technical talent.
– Low-code platforms promise to help businesses improve many of their internal development and operational processes by enabling less technically-able workers to lean on automated tools such as Creatio.

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Businesses Call Center Collaboration CRM Europe SaaS Small and Medium Software Telecommunications VoIP

CloudTalk Raises €6M in Series A Funding

– CloudTalk, a Bratislava, Slovakia-based startup that offers cloud call center software-as-a-service, raised €6m in Series A funding.
– The round was led by henQ and joined by Point Nine Capital.
– The company intends to use the funds to expand its marketing, sales and product development efforts to new regions.
– CloudTalk provides a SaaS based call center software platform to customers from over 80 countries.
– The company has a team of 57 people.

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Artificial Intelligence CRM Enterprise Software North America Sales Automation

Presales Empowerment Operations Company Vivun Raises $35 Million

– Vivun is a company that helps empower presales.
– The company raised $35m in Series B funding.
– The round was led by Menlo Ventures with new investors Salesforce Ventures and Atlassian Ventures along with existing backers Accel and Unusual Ventures.

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CRM Information Technology North America Productivity Tools Sales Sales Automation Software

Revenue Team Workspace Company Scratchpad Closes $13 Million

– Scratchpad is a workspace for revenue teams.
– The company raised $13m in Series A funding.
Craft Ventures led the round and Accel participated.
– David Sacks, founding COO of PayPal, founder/CEO of Yammer and founder/general partner at Craft Ventures, joined the board.

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CRM Health Care North America SaaS Software

Alleva Raises Seed Funding

– Alleva is a provider of software to the behavioral health industry.
– The company raised a seed round of funding.
– The round was led by Jonathan Ord.
– The new investment will be used to expand the company’s business reach and develop new functionality.

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CRM Non Profit North America Software

CIBC Innovation Banking Announces $33 Million Comprehensive Financing Solution for Bloomerang, Inc.

CIBC Innovation Banking is pleased to announce a growth capital facility for Indianapolis-based Bloomerang, Inc. (“Bloomerang”). Bloomerang plans to use the capital for its recent acquisition of Nashville, TN-based Kindful, Inc. (“Kindful”), and to continue its growth momentum.
– Bloomerang, a leading provider of cloud-based donor management and fundraising software for small and mid-size nonprofits, delivers easy-to-use tools that help clients improve donor retention and increase donor engagement. Its recent acquisition of Kindful, a nonprofit software platform known for its third party application integrations and online fundraising tools, enables Bloomerang to deliver and scale a dynamic donor management and fundraising platform that will help nonprofits acquire new donors, increase donor loyalty, improve donor communication and provide comprehensive reporting.

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Biotechnology CRM Europe Health Care Hospital Information Technology Medical Device Robotics

MedLumics closes upsized EUR 18M (21.7M USD) financing round and appoints new Chairman

– MedLumics, a privately held medical device company developing AblaView®, the first optically-guided real-time ablation catheter system for the treatment of Atrial Fibrillation (AF), announced today that it has closed an upsized EUR 18 million (USD 21.7 million) financing round.
– MedLumics’ optical catheter displays lesion creation in real-time providing the physician with direct visual confirmation of conduction tissue denaturation.
– This round was led by Asabys Partners, along with new investors, VI Partners Swiss Innovation and CDTI Innvierte Economía, and existing investors Andera Partners, Caixa Capital Risc and Innogest Capital II.
– MedLumics is now ready to initiate first in-human regulatory clinical studies and automate scalable product manufacturing.

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