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Artificial Intelligence Data Integration Logistics Machine Learning North America Productivity Tools Software

Altana AI Raises $15M Series A Investment to Build the Single Source of Truth On the Global Supply Chain

– Altana AI is helping enterprises, governments, and logistics providers navigate these changes by connecting them to a shared source of truth on the global supply chain.
– Altana AI has secured $15m in Series A funding, led by GV (formerly Google Ventures).
Floating Point, Ridgeline Partners, and existing investors Amadeus Capital Partners and Schematic Ventures joined the round.

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Analytics Cloud Data Services Data Integration Enterprise North America SaaS Software

Fivetran to Acquire HVR; Announces $565 Million in Series D Funding

– Fivetran, the leading provider of automated data integration, announced it has entered into a definitive agreement to acquire HVR, a leading provider of enterprise data replication technology.
– The acquisition will allow Fivetran to provide breakthrough database replication performance along with enterprise-grade security to address the massive market for modernizing analytics for operational data associated with ERP systems, Oracle databases, and more.
– Fivetran also announced it has raised a $565 million Series D round, consisting of new and existing investors. Andreessen Horowitz (a16z) led the round with participation from existing investors General Catalyst, CEAS Investments, Matrix Partners, and others, along with new investors ICONIQ Capital, D1 Capital Partners and YC Continuity. Fivetran has raised $730 million to date. The company is now valued at $5.6 billion.

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Business Intelligence Cloud Data Services Data Integration SaaS Western Europe

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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Data Integration Employment Human Resources North America Recruiting SaaS

Papaya Global Raises $250 Million in Series D Funding at $3.7 Billion Valuation

– Papaya Global announced a $250m Series D funding round.
– The round was led by New York-based global private equity and venture capital firm Insight Partners and joined by Tiger Global, with participation from existing investors Greenoaks Capital, IVP, Scale Venture Partners, Bessemer Venture Partners, Alkeon Capital, Workday Ventures, Access Industries and Group 11.
– Funding will be used to continue Papaya’s rapid expansion and accelerate the recruitment of rapidly growing companies (pre/post IPO) and Fortune 5000 clients.
– Papaya, the global people management platform for the remote work era – which tripled its revenue in 2020 – provides a radically simple solution for managing and paying all types of global workers in full compliance, from onboarding to payments, in over 140 countries.

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Collaboration Consulting Data Integration Enterprise Applications Enterprise Resource Planning (ERP) Enterprise Software Marketing North America SaaS Sales Automation Software

Revenue Grid Lands $20M in Series A Financing

– Revenue Grid, a sales platform that provides businesses with AI-driven deal guidance, announced $20M in a Series A financing led by W3 Capital.
ICU Ventures also participated in this financing.
– Revenue Grid was originally founded as Invisible and rebranded in 2020.

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Artificial Intelligence Data Integration Enterprise Software Machine Learning North America

Dataiku Raises $400M at a $4.6B Valuation to Enable Everyday AI in the Enterprise

– Dataiku announced $400m Series E investment led by Tiger Global, with participation from several existing investors, including ICONIQ Growth, CapitalG, FirstMark Capital, Battery Ventures, Snowflake Ventures, and Dawn Capital, as well as new investors including Insight Partners, Eurazeo, Lightrock, and Datadog CEO Olivier Pomel.
– This capital, which brings the company’s valuation to $4.6b, will power Dataiku’s mission to systemize the use of data for exceptional business results.
– Dataiku enables over 450 companies globally to leverage one end-to-end platform to design, deploy, and manage AI and analytics applications.

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Analytics Business Information Systems Cloud Data Services Data Integration Information Technology North America

Striim Closes $50M Series C

– Striim, provider of a leading real-time data integration platform, has announced the $50M Series C funding round.
– The round was led by Goldman Sachs Equity and welcoming an additional new investor, Solasta Ventures.

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Big Data Data Integration Data Visualization North America

Transform Raises $20M in Series A Funding

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

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

Prefect Technologies Raises $32M in Series B Funding

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

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

Data flow automation engine Prefect raises $32M

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

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Construction Data Integration FinTech Industrial Automation Infrastructure Machine Learning North America Payments Real Estate Software

Tiger Global leads $30M investment into Briq, a fintech for the construction industry

– Briq, a construction fintech startup, raised $30m in Series B funding.
– The round was led by Tiger Global Management and joined by Eniac Ventures and Blackhorn Ventures.
– The company has raised $43m since its January 2018 inception.
– Briq aims to solve the age-old problem of construction projects (very often) going over budget.

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Cloud Computing Data Integration Developer Tools North America Usability Testing

LambaTest Raises $16M in Series B Funding

– LambdaTest is a cloud browser testing platform.
– The company raised $16M in Series B funding.
– The round was led by Sequoia Capital India with participation from Telstra Ventures, Wamda Capital and a sovereign wealth fund.
– The new investment will be used to expand operations and business reach.

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Analytics Artificial Intelligence Business Intelligence Data Integration Machine Learning North America

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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Artificial Intelligence Cloud Data Services Data Integration Machine Learning North America

Interative Raises $20M in Series A Funding

– Iterative is a San Francisco, CA-based MLOps company dedicated to streamlining the workflow of data scientists and Machine Learning (ML) engineers.
– The company raised $20m in Series A funding round.
– The round was led by 468 Capital and Florian Leibert, ex-founder of Mesosphere, an infrastructure start-up based on the open-source software Apache Mesos, with participation from prior investors True Ventures and Afore Capital.
– The new investment will be used for development and growth.

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Artificial Intelligence Cloud Data Services Data Integration Machine Learning North America

MLOps startup Iterative.ai nabs $20M

– Iterative.ai, an MLOps company developing data science and AI engineering workflows, announced that it raised $20 million.
– The company says it’ll support the launch of its first commercial product, Data Version Control (DVC) DVC Studio, a dashboard aimed at simplifying machine learning model development based on data and metrics.
– MLOps, a compound of “machine learning” and “information technology operations,” is a newer discipline involving collaboration between data scientists and IT professionals with the aim of productizing machine learning algorithms.
– The market for such solutions could grow from a nascent $350 million to $4 billion by 2025, according to Cognilytica.
– But certain nuances can make implementing MLOps a challenge.

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Cloud Computing Data Integration Developer Tools North America Usability Testing

Cross-browser app testing platform LambdaTest raises $16M

– Web app testing platform LambdaTest announced it has raised $16 million in a series B round of funding led by Sequoia Capital.
– The company, which now has its headquarters in San Francisco, claims a number of major customers, including Apple, Microsoft, Cisco, Coca-Cola, and HubSpot.
– Regardless of a company’s size, the potential number of browser, device, and operating system combinations make it difficult to fully test new software across all potential scenarios — someone running the company’s application on Windows 7 through an old version of Firefox won’t necessarily have the same experience as someone using the latest version of Chrome on Windows 10.

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Data Integration North America Supply Chain Management Warehousing

Open Source Data Integration Company Closes $26 Million Series A Funding Round Led by Benchmark

– Airbyte, creators of the fastest-growing open source data integration platform, announced that it has raised more than $26 million in Series A funding led by Benchmark, with participation from additional investors including 8VC, Accel, SV Angel, and Y Combinator, as well as Shay Bannon, co-founder and CEO of Elastic, Auren Hoffman, co-founder of LiveRamp, and Dev Ittycheria, CEO of MongoDB.
Benchmark General Partner Chetan Puttagunta will also be joining the board of directors.
– Airbyte is establishing the new standard of moving and consolidating data from different sources to data warehouses, data lakes, or databases in a process referred to as extract, load, and, when desired, transform (ELT).

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Big Data Data Integration Database Information Technology Software Southeast Asia

Data collaboration platform Atlan nabs $16.5M

– Data collaboration startup Atlan announced it has secured $16.5 million in a funding round led by Insight Ventures.
– The company says the capital, which brings its total raised to date to over $21 million, will fund platform development and expansion over the coming months.
– DataOps enabled through data collaboration, or the analysis of multiple datasets to gain insights, can add enormous value to a business.
– Forty-five percent of companies run at least some big data workloads in the cloud, according to ZDNet.
– And the worldwide big data market is projected to grow to $103 billion in 2027, Forbes reports, by which time 90% of IT professionals will have increased their spending on analytics tools.

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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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Analytics Big Data Data Integration Database North America

Upsolver Raises $25M in Series B Funding

– Upsolver from Sunnyvale, CA, raised $25m in Series B funding.
– The round was led by Scale Venture Partners and involved participation from JVP, Vertex Ventures US, and Wing Venture Capital.
– The new investment will be used to build the company’s team, scale its go-to-market engine, and drive technical innovation.

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Advertising Advertising Platforms Analytics Artificial Intelligence Brand Marketing Data Integration Machine Learning North America Publishing Software Video

Iris.TV Raises $18M in Series B Funding

– Iris.tv is a video data platform based in Los Angeles and NYC.
– The company raised $18m in Series B funding.
– The round was led by Intel Capital with participation from WISE Ventures, Quest Venture Partners, Mirae Asset Venture Investment, Mike Baker, founder, CEO of dataxu (acquired by Roku in 2019), Mike Shehan, founder, CEO of video advertising platform SpotX (merging with Magnite in 2021), and Ari Paparo, CEO of ad tech innovator Beeswax (acquired by Comcast in 2020).
– The new investment will be used to accelerate the company’s growth and development of new products.

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Analytics Big Data Business Intelligence Data Integration Europe Machine Learning SaaS Software

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.

Cloud Data Services Content Syndication Data Integration Digital Marketing E-Commerce E-Commerce Platforms Europe Information Technology Marketing Marketing Automation Retail Technology SaaS Software

Productsup Closes $20M Funding Round

– Productsup from Berlin provides an ecommerce data integration solutions that allows brands and retailers to optimize and syndicate their product content to all digital marketing, shopping and business channels, such as Google, Amazon, Facebook, or Walmart.
– The company raised $20m in funding.
– The round was led by Nordwind Capital and venture debt providers Deutsche Handelsbank and KfW with participation from Moritz Zimmermann, co-founder of Hybris and partner at 42Cap, and the co-founders of Contorion, Richard Schwenke and Tobias Tschötsch.

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Analytics Big Data Data Integration Enterprise Software Information Technology Management Information Systems North America SaaS

Rivery raises $16M to help enterprises manage and transform data

– Rivery, a data management platform geared toward enterprises, today closed a $16m series A round, bringing its total raised to date to over $22m.
– The company says the funds will be put toward expanding the size of its workforce and growing its international footprint.
– Enterprise data collection is expected to increase substantially over the next few years, but a chunk of data remains unleveraged, due to challenges in management and security.
– A Forrester survey found that between 60% and 73% of all data within corporations is never analyzed for insights or larger trends, while a separate Veritas report found that 52% of all information stored by organizations is of unknown value.

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Analytics Data Integration Data Visualization E-Commerce North America

Daasity Raises $3.4M in Seed Funding

– Daasity is a premiere analytics and data platform that empowers direct-to-consumer and omni-channel brands to understand and leverage their data.
– The company raised $3.4m in seed funding.
– The round was led by VMG Catalyst with participation from Centre Street Partners, Cove Fund, Exeter Capital, 1855 Capital, Mooring Ventures, Okapi Venture Capital, and Serra Ventures.
– The new investment will be used to expand the team, further develop the platform and product, and increase marketing efforts.

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Banking Data Integration Europe Financial Services FinTech Software

Digital banking solutions provider Meniga closes additional €10M investment

– Meniga, a London fintech that provides digital banking technology to leading banks, has closed €10m in additional funding.
– The round is led by Velocity Capital and Frumtak Ventures.
– Also participating are Industrifonden, the U.K. Government’s Future Fund and existing customers UniCredit, Swedbank, Groupe BPCE and Íslandsbanki.
– The funding will be used for continued investment in R&D, and in particular further development of green banking products — building on its carbon spending insights product.
– In addition, the fintech will bolster its sales and service teams.

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Analytics Data Integration Data Visualization Europe Software

Cutover Secures Milestone $35m Series B Round as Enterprises Accelerate Digital Transformation, Orchestration and Automation to Adapt to Remote and Distributed Work With Confidence

– Cutover announced a $35m Series B financing round led by Eldridge.
– The round was led by Eldridge alongside existing investors Index Ventures, Sussex Place Ventures and Contour Ventures.
– Cutover has doubled its revenues as organizations responded to a rising need to ensure smooth collaboration and orchestration of distributed working practices across the full spectrum of applications and infrastructure.
– The Company’s clients have relied on Cutover to automate and orchestrate critical, timebound work across the enterprise, delivering complex releases, operational resilience and attaining constant availability of applications.
– As businesses adapt to a new, faster way of working, the investment will allow Cutover to build on the momentum and scale of its platform.

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Data Integration North America Supply Chain Management Warehousing

Airbyte Secures $5.2M in Seed Funding

– Airbyte is a San Francisco, CA-based creator of an open-source data integration platform.
– The company raised $5.2m in seed funding.
– The round was led by Accel with participation from YCombinator, 8VC, Calvin French-Owen, co-founder of Segment, Charles Zedlewski, former general manager at Cloudera, Auren Hoffman, co-founder and CEO of LiveRamp and CEO Safegraph, Travis May, co-founder and CEO at Datavant, and Alain Rossmann, president at Machinify.
– The new investment will be used to expand operations and business reach.

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Advertising Advertising Platforms Analytics Brand Marketing Data Integration North America

LiveRamp Commits $15 Million in Cash Reserves with Financial Institutions to Support Underserved Communities

– LiveRamp has banked $15m in cash reserves to financial institutions supporting historically underserved communities.
– The lack of access to financial resources and services negatively impacts a continuously widening wealth gap in the US, which has disproportionately affected minority and Black communities.
– LiveRamp is in a fortunate position to be able to prioritize a more diverse approach to its banking relationships as part of its larger efforts around diversity, inclusion and belonging.
– Striving for positive change at scale, LiveRamp is proud to partner with these institutions and leverage the power of data to deliver better economic and social outcomes for all.
– LiveRamp partners with OneUnited Bank to address the financial literacy gap within the Black community.

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Analytics Big Data Business Intelligence Data Integration Digital Marketing Marketing Automation Oceania Predictive Analytics SaaS

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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Data Integration Electronic Health Record (EHR) Health Care Information Technology North America

Redox Raises $45M in Series D to Drive the Adoption of Technology in Healthcare

– Redox, the company making healthcare data useful, today announced it has raised $45m in Series D funding.
– The round was led by global private equity firm Adams Street Partners, with participation from Avenir and existing investors Battery Ventures, .406 Ventures, and RRE Ventures.
– This funding was preceded by a consistent pattern of acceleration. With integrations booming by 300% and the company surpassing 1,000 live connections on the Redox network in October 2020, Redox continues on an exponential trajectory.

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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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Data Integration North America Organic Food Product Research Sustainability

HowGood Announces $6M In Funding

– HowGood, a SaaS data platform for the food and personal care industries, has raised a $6 million investment round led by Contour Venture Partners.
FirstMark Capital, Danone Manifesto Ventures, Trailhead Capital and others also participated.

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Data Integration Enterprise Software Human Resources Management Information Systems North America SaaS

Ally raises $50M as remote work drives demand for goal-setting collaboration software

– Ally, a goal-setting collaboration software, raised $50m funding.
– The round was led by Green Oaks Capital, Tiger Global, and Madrona Venture Group.
– Total funding to date is $76m since the company’s launch in 2018 and two previous rounds raised in 2019.
– The company helps companies track and hit their goals, or Objectives and Key Results (OKR).
– Customers include brands such as Dropbox, Nike, Overstock.com and others.

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Analytics Compliance Cyber Security Data Integration North America

SPHERE Secures $10 Million in Series A Funding

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

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Data Integration Enterprise Software Human Resources Management Information Systems North America SaaS

Ally.io raises $50 million to help businesses adhere to OKR-based goals

– Ally.io, a platform that helps enterprises develop and track their objectives and key results (OKRs), has raised $50 million in a series C round of funding led by Greenoaks Capital.
– Founded in 2017, Seattle-based Ally.io targets management, teams, and individuals with software designed to give them visibility into the whole work process, joining the dots between tasks and broader company objectives.
– Ally.io had previously raised $23 million, and with another $50 million in the bank, the company is well-financed to build on momentum it said has boosted its revenues by more than threefold over the past year and allowed it to amass a roster of high-profile customers, including Dropbox, Nike, and Slack.

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Analytics Cloud Infrastructure Data Integration Information Technology North America PaaS SaaS

Distributed Data And Code Sharing Platform Vendia Raises $15.5 Million

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

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Analytics Artificial Intelligence Big Data Business Intelligence Data Integration Europe Intelligent Systems Machine Learning Predictive Analytics SaaS Software

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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Analytics Business Intelligence Cloud Data Services Data Integration Europe Software

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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