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Data Automation Cloud business Ascend.io, situated in Menlo Park, California, secured $31 million in Series B funding. Shasta Ventures and previous investor Accel also participated in the round, which was led by Tiger Global. The business plans to utilise the money to: Expand its Data Automation Cloud to allow comprehensive multi-cloud data mesh automation, scale…
Neo-broker Bux, based in Amsterdam, The Netherlands, raised USD 80 million in a follow-financing round. Prosus Ventures and Tencent served as the round’s lead investors. Other new investors included ABN Amro Ventures, Citius, Optiver, and Endeit Capital, as well as returning investors HV Capital and Velocity Capital Fintech Ventures. The business plans to utilise the…
A cloud-native AI platform for planning and managing mass transit, Optibus is situated in Tel Aviv, Israel, and just secured $107 million in Series C funding. Co-led by Bessemer Venture Partners and Insight Partners, the round, which raised the company’s total funding to $160 million since its establishment in 2014, also included current investors Verizon…
Enterprise-class content management system vendor Storyblok, situated in Linz, Austria, raised $47M in Series B funding. First minute Capital and 3VC also participated in the round, which was co-led by Mubadala Capital and HV Capital. The business, which has already raised $11m, plans to use the cash for the following purposes: speed up product development…
A global leader in next-generation job search platforms, Talent.com is situated in Montreal, Canada, and recently secured $120 million in Series B funding. Caisse de dépôt et placement du Québec (CDPQ), an existing investor, and new investors Investissement Québec, Climb Ventures, BDC Capital, Fondaction, and HarbourVest Partners also participated in the round, which was led…
Built Technologies, a construction finance platform based in Nashville, Tennessee, raised $125M in a Series D funding round, valuing the company at $1.5 billion. TCV led the investment, and Brookfield Technology Partners, 9Yards Capital, XYZ Venture Capital, and HighSage Ventures also invested. In addition to other individual investors, they joined existing investors such as Lee…
Dovetail, a customer research platform provider with offices in San Francisco, California, and Sydney, Australia, raised $63 million in Series A funding at a post-money valuation of over $700 million USD. Accel was the lead investor in the round, which saw participation from Blackbird, Felicis Ventures, Grok Ventures, Didier Elzinga, the CEO of Culture Amp,…
A Tel Aviv, Israel-based business called Perception Point that provides quick interception of content-based attacks as a service won $28 million in Series B funding, bringing the company’s total capital to $48 million. Pitango Venture Capital, State of Mind Ventures, NGP Capital, and other previous investors participated in the round, which was led by Red…
The data lake transformation business Dremio, based in Santa Clara, California, closed a $160 million Series E fundraising round, raising its worth to $2 billion. With current investors Sapphire Ventures, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, and Cisco Investments joining in, Adams Street Partners led the round. DTCP and StepStone Group are two…
