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…
DoControl, an automated Software-as-a-Service (SaaS) security startup with headquarters in New York, secured $30M in Series B funding. With support from its current investors, including StageOne Ventures, Cardumen Capital, RTP Global, and CrowdStrike Falcon Fund, Insight Partners led the round. The company plans to use the funds to expand its go-to-market presence in the US…
A B2B eCommerce and embedded finance platform called TradeDepot raised $110 million in debt and equity capital. It is situated in Lagos, Nigeria. A member of the World Bank Group, the International Finance Corporation (IFC) led the round, which also included current investors Partech and MSA Capital, Novastar, Sahel Capital, CDC Group, and Endeavor Catalyst….
A streaming data platform firm called Redpanda (formerly Vectorized) raised $50M in Series B funding. GV led the round, which also included Lightspeed Venture Partners (LSVP) and Haystack VC. As client acceptance increases, the company plans to use the cash to expand its worldwide engineering and go-to-market teams. Redpanda is a streaming data platform for…
Robotics software startup Micropsi Industries, with offices in Berlin, Germany, and New York City, has completed its $30M Series B fundraising round. The investment round was co-led by new investors Metaplanet, VSquared, and Ahren Innovation Capital. Project A Ventures and M Ventures, two previous investors, also took part. The additional cash will be used to…
Venture capital firm Draper Esprit plc received a £50 million senior secured term loan from Silicon Valley Bank, which is listed on AIM. The financing consists of a three-year £25 million revolving credit facility from Silicon Valley Bank, which also functioned as the facility agent and mandated lead arranger. The funding will boost the company’s…
