Apex.AI, a Palo Alto, California-based autonomous mobility software company, received a funding round of undisclosed amount. The amount of the deal was not disclosed. Backers included Volvo Group Venture Capital, Hella Ventures, and Jaguar Land Rover’s venture capital arm InMotion Ventures. The investment will enable the development of a safety-certified software framework for autonomous systems. Founded… Continue reading Apex.AI Raises Funding Round
Author: FINSMES Online News
Suvoda Receives $40M Investment from LLR Partners
Suvoda LLC, a Conshohocken, Pa.-based SaaS provider of clinical trial software, secured a $40m minority equity investment from Philadelphia-based private equity firm LLR Partners. The company intends to use the funds for the continued growth and the expansion of its product offerings. Led by Jagath Wanninayake, President & CEO, Suvoda provides a SaaS solution for… Continue reading Suvoda Receives $40M Investment from LLR Partners
May Mobility Raises $50M in Series B Funding
May Mobility, an Ann Arbor, Mich.-based autonomous Transportation-as-a-Service (TaaS) provider, closed a $50m Series B funding round. The round, which brought the company’s total raised to $84m to date, was led by Toyota Motor Corporation with participation from SPARX Group and return investors Millennium Technology Value Partners, Cyrus Capital Partners, BMW iVentures, and Toyota AI… Continue reading May Mobility Raises $50M in Series B Funding
Dyal Capital Partners Closes Fund IV, at Over $9.0 Billion
Dyal Capital Partners, a division of Neuberger Berman, a private, independent, employee-owned investment manager, closed Dyal Capital Partners IV with over $9.0 billion of committed capital. Fund IV is backed by a global investor base that includes sovereign wealth funds, public and corporate pension plans, endowments, foundations and family offices. Approximately 51% of the capital… Continue reading Dyal Capital Partners Closes Fund IV, at Over $9.0 Billion
Uberflip Buys SnapApp
Uberflip, a Toronto, Canada-based provider of a cloud content experience platform (CEP), acquired SnapApp, a Boston, MA-based provider of a solution for marketers to deliver sales leads. The amount of the deal was not disclosed. Through this acquisition, The acquisition further strengthens Uberflip’s ability to drive demand and revenue through personalized content experiences. Now, the… Continue reading Uberflip Buys SnapApp
Decibel Secures $17M in Series B Funding
Decibel, a London, UK-based provider of digital experience intelligence solutions, closed a $17m Series B funding. The round was led by Draper Esprit, with participation from Series A investors Eight Road Ventures and John Simon, via his Ventureforgood investment entity.In total, Decibel has raised $26m over two rounds. The company intends to use the funds… Continue reading Decibel Secures $17M in Series B Funding
Celonis Raises $290M; Valued at $2.5 Billion
Celonis, a Munich and New York-based provider of AI-enhanced Process Mining and Process Excellence software, raised approximately $290m in Series C funding. The round, which brings total funding to approximately $370m and valued the company at $2.5 billion, was led by Arena Holdings with participation from Accel, 83North, as well as:– Ryan Smith, co-founder and… Continue reading Celonis Raises $290M; Valued at $2.5 Billion
Gravitational Raises $25M in Series A Funding
Gravitational, an Oakland, CA-based company enabling businesses to securely deliver their applications into any environment, closed a $25m funding round. The round was led by Kleiner Perkins. The company intends to use the funds to accelerate further product development and scale business operations. Founded in 2015 by Ev Kontsevoy, CEO, Gravitational builds open-core infrastructure software… Continue reading Gravitational Raises $25M in Series A Funding
CloudFactory Raises $65M in Growth Equity Funding
CloudFactory, a Reading, England, UK-based provider of managed workforce solutions for artificial intelligence (AI), secured $65m in growth equity funding. The round was led by FTV Capital with participation from Weatherford Capital. As part of the transaction, FTV Capital partner Alex Mason and principal Abhay Puskoor and Weatherford Capital partner Sam Weatherford will join the… Continue reading CloudFactory Raises $65M in Growth Equity Funding
Enway Raises €6M in Seed Funding
Enway, a Berlin, Germany-based company that builds the next generation of cleaning services, raised €6M in seed funding. The round was led by Redalpine with participation from Berlin Technologie Holding and a number of Silicon Valley business angels including Moving Capital, an investment club of UBER Alumni, and existing investors Atlantic Labs and b10 |… Continue reading Enway Raises €6M in Seed Funding