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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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