Buzzvil, a Seoul, South Korea-based provider of rewarded ad platform, raised a total of USD17m in series C funding from the Mega-7 Club. The Mega-7 Club, dubbed as South Korea’s version of Softbank Vision Fund, is consisted of returning investors LB Investments, Company K Partners and new investors SBI Investments, Korea Development Bank and Shinhan… Continue reading AdTech Company Buzzvil Raises $17M Series C Funding
Author: FINSMES Online News
VMware to Acquire AI-Based Network Analytics Platform Nyansa
VMware, Inc. (NYSE: VMW), is to acquire Nyansa, Inc., an AI-based network analytics platform provider. The amount of the deal – expected to close in VMware’s fiscal Q1 FY2021, subject to customary closing conditions – was not disclosed. Nyansa will enable VMware to deliver an end-to-end network visibility, monitoring and remediation solution within VMware SD-WAN… Continue reading VMware to Acquire AI-Based Network Analytics Platform Nyansa
TriggerMesh Raises $3M in Seed Funding
TriggerMesh, a Raleigh, NC and Geneva, Switzerland-based Kubernetes based cloud native integration platform provider, raised $3m in seed funding. The round was led by Index Ventures and Crane Venture Partners. The company will use the funds to scale operationd and grow the development team. TriggerMesh has developed a cloud native integration platform that provides complete… Continue reading TriggerMesh Raises $3M in Seed Funding
Zomato Buys Uber’s Food Delivery Business in India
Zomato, an Indian food app provider, acquired Uber’s food delivery business in India. The an all-stock transaction gives Uber 9.99% ownership in Zomato. The acquisition strengthens Zomato’s position in the food delivery business category. Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the… Continue reading Zomato Buys Uber’s Food Delivery Business in India
FloQast Raises $40M in Series C Funding
FloQast, a Los Angeles, CA-based provider of close management software for accountants, raised $40m in Series C funding. The round, which brought total equity raised to date to $93m, was led by Norwest Venture Partners with participation from existing investors Insight Partners and Polaris Partners. The company intends to use the funds to further accelerate… Continue reading FloQast Raises $40M in Series C Funding
vChain Raises $7M in Series A Funding
vChain, a Houston, TX, USA-based trust and integrity company, closed a $7M Series A funding round. The round was led by Elaia, with participation from Bluwat and Acequia Capital. The company will use the new capital to further develop and scale its CodeNotary™ platform, to invest in engineering and execution talent, and to scale out… Continue reading vChain Raises $7M in Series A Funding
FireEye Buys Cloudvisory
FireEye, Inc. (NASDAQ: FEYE), a Milpitas, Calif.-based intelligence-led security company, acquired Cloudvisory, a Dallas, TX-based provider of continuous visibility, compliance, and security policy governance solutions for multi-cloud and data center assets. The amount of the deal was not disclosed. With the acquisition, Cloudvisory technology will expand cloud security capabilities of FireEye Helix, allowing customers to… Continue reading FireEye Buys Cloudvisory
Software Motor Company Raises $25M in Funding
Software Motor Company, a Sunnyvale, Calif.-based provider of optimal motor systems, closed a $25m financing round. The round included a first-time investment from BMW i Ventures. The company – which has now raised over $70M since 2014 and intends to raise its final round in summer 2020 – plans to use the funds to expand… Continue reading Software Motor Company Raises $25M in Funding
Circonus Raises $6.8M in Series A1 Funding
Circonus, a Philadelphia, PA-based provider of a machine data intelligence platform built to handle data in IT infrastructure and IoT deployments, raised $6.8m in Series A1 funding. The round was led by Osage Venture Partners with participation from new investors Bull City Venture Partners, Ben Franklin Technology Partners, and NewSpring Capital. The company intends to… Continue reading Circonus Raises $6.8M in Series A1 Funding
Ori Biotech Raises $9.4M in Seed Funding
Ori Biotech Ltd, a a London- and Philadelphia-based Cell and Gene Therapy (CGT) manufacturing company, closed a $9.4M (£7M) seed funding round. Backers included Amadeus Capital Partners, Delin Ventures, Kindred Capital and a London-based family office, alongside a group of angel investors. The company intends to use the funds to bring their manufacturing platform to… Continue reading Ori Biotech Raises $9.4M in Seed Funding