Tag: funding daily

Tomi.ai raises $1M to help brick-and-mortar companies optimize digital ads

Elevate your enterprise data technology and strategy at Transform 2021. Tomi.ai, an AI-powered platform that optimizes digital ads, today announced that it raised $1 million in seed funding contributed by Begin Capital and the Phystech Leadership Fund. Founder and CEO Konstantin Bayandin says that the proceeds will be put toward expanding the size of the […]

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Drata nabs $25M to automate security compliance processes

Elevate your enterprise data technology and strategy at Transform 2021. Compliance and security automation startup Drata today announced that it closed a $25 million series A round led by GGV capital, with participation from Okta Ventures and Silicon Valley CISO Investors. The capital, which comes six months after the company’s initial seed round and launch […]

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Symmetry Systems nabs $15M to block data breaches

Elevate your enterprise data technology and strategy at Transform 2021. Symmetry Systems, a platform that detects, responds, and protects against data breaches, today announced that it raised $15 million in series A financing led by Prefix Capital and ForgePoint Capital. The company says that the investment will support its growth initiatives, particularly in the areas […]

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Vercel secures $102M to accelerate Next.js adoption

Elevate your enterprise data technology and strategy at Transform 2021. Vercel (formerly ZEIT), a platform that enables companies to develop, preview, and ship web apps, has raised $102 million in a series C funding round led by Bedrock Capital. CEO Guillermo Rauch said that the funding — which values the company at over $1 billion […]

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Lightspin nabs $20M to boost enterprise cloud security

Elevate your enterprise data technology and strategy at Transform 2021. Cloud security platform Lightspin today announced that it raised $16 million in a series A round led by Dell Technologies Capital, with participation from Ibex Investors. Cofounder and CEO Vladi Sandler says that the funds, which bring the company’s total raised to $20 million, will […]

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Mitiga raises $25M to mitigate cloud cyberattacks

Elevate your enterprise data technology and strategy at Transform 2021. Mitiga, a Tel Aviv, Israel-based startup developing a platform for cloud incident response, today announced that it raised $25 million in series A financing, bringing its total raised to $32 million. Cofounder and CEO Tal Mozes said that the capital will be used to support […]

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Business software marketplace G2 raises $157M

Elevate your enterprise data technology and strategy at Transform 2021. Business software review marketplace G2 (formerly known as G2 Crowd) has raised $157 million in a series D round of funding. Founded out of Chicago in 2012, G2 is probably better known as a sort of “Yelp for business software,” serving as a public-facing portal […]

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Biometric authentication platform Transmit Security raises $543M

Elevate your enterprise data technology and strategy at Transform 2021. Identity and access management startup Transmit Security has raised $543 million in what must be among the largest series A rounds of funding ever, giving the Israeli company a valuation of $2.3 billion. The raise comes amid a hotbed of activity across the digital identity […]

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Graph database platform Neo4j raises $325M to inform decision-making

Elevate your enterprise data technology and strategy at Transform 2021. Graph platform Neo4j today announced that it raised $325 million at an over $2 billion valuation in a series F round led by Eurazeo, with additional investment from GV. The capital, which brings the company’s total raised to date to over $500 million, will be […]

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UserLeap raises $38M to track customer experiences

Elevate your enterprise data technology and strategy at Transform 2021. UserLeap, a platform for AI-powered, continuous research for product teams, today announced that it raised $38 million in a series B round contributed by a16z. The company says it’ll put the funding toward product R&D and customer acquisition, as well as global expansion efforts. The […]

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Lexion raises $11M to expand its AI-powered contract management platform

Elevate your enterprise data technology and strategy at Transform 2021. Lexion, a platform leveraging AI to streamline legal contract workloads, today announced that it closed an $11 million series A funding round led by Khosla Ventures with participation from Madrona Venture Group and Wilson Sonsini. The capital brings the company’s total raised to $15.2 million […]

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Productivity API and automation platform Nylas raises $120 million

Elevate your enterprise data technology and strategy at Transform 2021. Nylas, an API (application programming interface) platform that helps businesses and developers integrate key productivity features such as email and calendar functionality into their apps, has raised $120 million in a series C round of funding led by Tiger Global Management. The raise comes amid […]

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Tractable uses computer vision to accelerate insurance claims

Elevate your enterprise data technology and strategy at Transform 2021. The ability to digitize routine tasks is crucial for accelerating the pace of business. Insurance claims remain a prime example of this. When a car accident or some other disaster occurs, the biggest bottleneck often remains the need to send a human to a location to […]

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MachineMetrics raises $20M to meet industrial analytics demand

Elevate your enterprise data technology and strategy at Transform 2021. Industrial analytics and machine monitoring platform MachineMetrics today announced that it closed a $20 million series B funding round led by Teradyne, an industrial automation and robotics company. Bill Bither, MachineMetrics cofounder and CEO, says that the new capital will be used to scale the […]

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Introhive raises $100M to automate customer relationship management

Elevate your enterprise data technology and strategy at Transform 2021. Introhive, a software-as-a-service (SaaS) customer relationship management (CRM) automation platform, today 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 […]

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Data analytics startup Imply nabs $70M to grow cloud service

Elevate your enterprise data technology and strategy at Transform 2021. Imply, a startup developing a real-time analytics platform, today announced that it raised $70 million in series C funding led by Bessemer Venture Partners, valuing the company at $700 million post-money. CEO Fangjin Yang says that the proceeds will help to support Imply’s product and […]

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Bringg, a delivery and fulfillment platform used by Walmart, nabs $100M

Elevate your enterprise data technology and strategy at Transform 2021. Delivery logistics and fulfillment platform Bringg today announced it has raised $100 million in a round of funding led by Insight Partners. The series E raise gives Bringg a valuation of $1 billion. The raise comes as companies across just about every sector have been […]

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BrowserStack, a cross-browser web testing platform for DevOps, raises $200M

Elevate your enterprise data technology and strategy at Transform 2021. BrowserStack, a website testing platform for developer operations (DevOps) teams, has raised $200 million in a series B round of funding. The funding, which gives the company a valuation of $4 billion, comes as businesses across every sector have had to embrace digital transformation due […]

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Gloat, which uses AI to connect employees with internal work, raises $57M

Elevate your enterprise data technology and strategy at Transform 2021. Gloat, a platform that meshes AI with big data to give enterprises visibility into the skills across their workforce and “monitor, track, and reallocate” individuals, today announced that it has raised $57 million in a series C round of funding. Founded in 2015, Gloat serves […]

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Worker engagement and communication platform Sense raises $16M

Elevate your enterprise data technology and strategy at Transform 2021. Sense, an AI-powered worker engagement and communication platform backed by Alphabet’s venture capital arm GV, has raised $16 million in a series C round of funding. The raise comes as the San Francisco-based company reports demand for its platform has “doubled” over the past year, […]

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Templafy, which helps enterprises create company-compliant documents, nabs $60M

Elevate your enterprise data technology and strategy at Transform 2021. Templafy, a platform that helps workers at major enterprises such as KPMG, Ikea, and BDO, create company-compliant “on-brand” documents, has raised $60 million in a fresh round of funding. The raise mirrors similar recent investments elsewhere in the corporate brand management space, such as Exclaimer, […]

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Cord raises $4.5M to automate computer vision annotation processes

Elevate your enterprise data technology and strategy at Transform 2021. Cord, a startup automating annotation processes for computer vision, today announced that it raised $4.5 million in a seed round led by Y Combinator, Harvard University, and others. CEO Eric Landau says that the capital will be put toward expanding Cord’s customer base and platform […]

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Edge computing network Macrometa nabs $20M

Elevate your enterprise data technology and strategy at Transform 2021. Macrometa, an edge computing cloud and global data network for developers, today announced it has raised $20 million in a series A round led by Pelion Venture Partners. Sources report a post-money valuation of between $100 million and $500 million. The raise brings Macrometa’s total […]

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Multichannel marketing platform Iterable raises $200M

Elevate your enterprise data technology and strategy at Transform 2021. Iterable, a cross-channel platform for customer experiences, today announced the close of a $200 million series E that values the company at $2 billion post-money. Iterable says the funds will be spent on hiring, marketing, and R&D initiatives, with an eye toward geographic expansion. Only […]

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Zero trust networking startup Elisity raises $26M

Elevate your enterprise data technology and strategy at Transform 2021. Elisity, a cybersecurity startup, today announced that it raised $26 million in a funding round led by Two Bear Capital and AllegisCyber Capital. CEO James Winebrenner says that the capital will be put toward scaling Elisity’s operations as it accelerates R&D and customer acquisition. According […]

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Crate.io raises $10M to grow its database platform

Elevate your enterprise data technology and strategy at Transform 2021. Crate.io, a startup developing a database platform called CrateDB, today announced that it raised $10 million in additional funding (including $2 million in debt) from Draper Esprit, Vito Ventures, and individual investors. CEO Eva Schönleitner says that the proceeds, which bring the company’s total raised […]

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RudderStack targets developers with open source customer data platform

Elevate your enterprise data technology and strategy at Transform 2021. Customer data is like digital oil — it fuels better business decisions and helps companies thrive. But making sense of the cacophony of customer data that flows through a company can be a challenge for all but the best of data scientists. And as businesses […]

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Data flow automation engine Prefect raises $32M

Elevate your enterprise data technology and strategy at Transform 2021. Dataflow automation startup Prefect today 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 […]

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Komodor automates Kubernetes troubleshooting for faster code updates

Elevate your enterprise data technology and strategy at Transform 2021. The good news about Kubernetes and microservices is that they allow enterprises to deploy updates and new features faster and at higher volumes. Unfortunately, that’s also the bad news because if something goes wrong, it can be tremendously complex for the DevOps team to go […]

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Open source product analytics platform PostHog raises $15M

Elevate your enterprise data technology and strategy at Transform 2021. Open source product analytics provider PostHog today announced it has secured $15 million in a series B round of funding from Y Combinator’s Continuity Fund and Google’s venture capital arm GV. The news, which comes less than a day after rival Amplitude hit a $4 […]

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Osome raises $16M to automate repetitive accounting tasks

Elevate your enterprise data technology and strategy at Transform 2021. AI-powered accounting platform Osome today announced that it raised $16 million in a series A funding round. The company plans to put the proceeds, which bring its total raised to over $24 million, toward expanding its footprint internationally and building new product integrations. Studies show […]

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