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Europe Internet Productivity Tools Software Web Apps Web Design Web Development

Rows Raises $16M in Series B Funding

– Rows.com (previously dashdash) is a cloud platform-based spreadsheet for developing business tools.
– Company raised $16m in Series B funding.
– The round was led by Lakestar with participation from Accel and Cherry Ventures, as well as new angel investor Christian Reber, CEO of Pitch, who joined the Advisory Board.
– The company intends to use the funds to expand operations and to build out functionality.

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Employment Europe Productivity Tools Software

Orka Raises £29M in Funding

– Orka Technology Group, a Manchester, UK-based worker tech startup, raised £29m in funding.
– The round was a mixture of debt financing from Sonovate and equity funding involving the British Business Bank Future Fund and existing investors.
– The company intends to use the funds to double headcount to 50 in 2021 and accelerate rapid growth of earned wage access product Orka Pay.

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Artificial Intelligence B2C Information Technology Machine Learning North America Productivity Tools Unified Communications

Krisp Raises $9M in Series A Funding

– Krisp is a Berkerey, CA-based AI-powered noise removal app that works with any conferencing, recording and podcasting service.
– The company raised $9m in Series A-1 funding.
– The round was led by RTP Global with participation from existing investor Storm Ventures.
– The company intends to use the funds to accelerate product development and make a number of strategic hires to support product development, sales & marketing.
– Led by Davit Baghdasaryan, CEO, Krisp delivers an AI-powered noise removal app based on Deep Neural Networks (DNN) that enables users to remove background voices, barking dogs, room echoes and anything else that can disturb virtual meetings.

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North America Productivity Tools Software Virtual Workforce

Magical raises $3.3M to modernize calendars

– Magical, a Tel Aviv-based startup, raised $3.3m funding.
– The round was led by Resolute Ventures and joined by Ibex Investors, Aviv Growth Partners, ORR Partners, Homeward Ventures and Fusion LA, as well as several angel investors in the productivity space.
– The company plans to use the funding to expand its team and develop its product.

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Document Management Management Information Systems North America Productivity Tools SaaS

airSlate Secures $50 Million from Silicon Valley Bank

– airSlate secures $50m in debt financing from Silicon Valley Bank for a total of $130m in capital raised to date.
Silicon Valley Bank‘s technology banking team is excited to support breakout companies like airSlate through their next phase of growth.
– airSlate enables non-technical users to digitally transform their front and back-office business processes, including employee and customer onboarding, sales and ordering workflows, and contracts and payments.
– More than 600,000 customers worldwide and 25 million users have realized significant improvements in the delivery and effectiveness of their departments with airSlate’s solutions.
– airSlate’s no-code business automation platform is creating valuable workflow solutions for small and mid-sized businesses across verticals.

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Document Management Management Information Systems North America Productivity Tools SaaS

AirSlate raises $50 million more to automate enterprise workflows

– AirSlate has raised $50m in debt financing from Silicon Valley Bank.
– The capital comes after a $40m round in January led by Morgan Stanley and General Catalyst, and it brings the company’s total raised to $130m.
– 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.
– According to market research firm Fact.MR, small and medium-size enterprises are expected to adopt business workflow automation at scale, creating a market opportunity of more than $1.6bn between 2017 and 2026.
– AirSlate launched its first product — a PDF editor — in 2008.

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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.

Source
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