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Pure Watercraft, the leader in electric boating technology, has closed a total Series A financing of $37.5M, including a previously-announced $23.4M. The oversubscribed funding round was led by L37, a hybrid venture capital and private equity firm; L37 Managing Partner Randall Ussery will join Pure Watercraft's board of directors. Driven by its mission to make boating more … [Read more...] about Pure Watercraft Closes $37.5 Million Series A Funding Round to Deliver High-Performance Electric Outboard Motors, Leading the Way to Clean & Quiet Boating

Paxos has raised $240 million total, making it a top funded blockchain company Paxos will continue to grow and expand its financial market infrastructure platform Paxos, the first regulated blockchain infrastructure platform, today announced it has closed a $142 million Series C round of funding. Declaration Partners, the investment firm backed by the family office of … [Read more...] about Paxos Raises $142 Million in Series C Funding

GV-led round will be used to accelerate adoption and expand hybrid platform for development and deployment of any dynamic website or application Frontend development pioneer Vercel today announced that it has secured $40M in series B funding in a round led by GV, with participation from new investors Greenoaks Capital, Bedrock Capital and Geodesic Capital in addition to … [Read more...] about Vercel Announces $40M in Series B Funding to Fuel Frontend Development Innovation

ClickUp's All-in-One Platform Defines Next Generation of Workplace Productivity ClickUp, the only productivity platform that replaces all other workplace apps across an organization, today announced it has raised a $100 million Series B round, bringing its total funding to $135 million. Canadian-based venture fund, Georgian, led the round, with participation from Craft … [Read more...] about ClickUp Raises $100M Series B as Demand for its Productivity Platform Soars

Funding broadens nference portfolio to accelerate development of novel diagnostics and therapies based on nferX™ software platform Focus includes biomedical data analytics to better understand novel coronavirus Partnership with Mayo Clinic enhanced Executive team and scientific and medical experts establish world-class organization to serve life sciences … [Read more...] about nference Completes $60M Series C to Accelerate and Expand Augmented Intelligence for Life Sciences

Total Funding of $145M to Accelerate Transition from Analog to Digital Radar Uhnder, a company disrupting the mobility market through digital perception, announced today that it has closed a $45 million Series C funding in November 2020. The round was led by Uhnder’s newest customer and partner, Sensata Technologies, with participation by new and existing investors. Sensata … [Read more...] about Uhnder Closes Series C Funding

Hibob, the HR technology innovator behind the people management platform bob, today announces $70 million in Series B funding led by investors SEEK and Israel Growth Partners (IGP). Promoting the progress of Hibob's mission to simplify people management, culture building, and employee engagement for remote and dispersed workforces, the investment will allow Hibob to drive wider … [Read more...] about Hibob Closes $70M Series B Funding Round to Significantly Expand Market Footprint in HR Technology

New cloud data warehouse architecture provides an order of magnitude faster query performance utilizing far fewer cloud resources compared to alternatives Firebolt, the world's fastest cloud data warehouse, purpose-built for high performance analytics, today unveiled a new class of cloud data warehouse as a service and announced $37 million of financing. Firebolt delivers … [Read more...] about Firebolt launches with $37 million in funding to redesign the cloud data warehouse experience

Parallel Domain, the leading synthetic data generation platform, today announced its Series A funding round of $11 million led by Foundry Group, with participation from Calibrate Ventures and existing investors Costanoa Ventures, Ubiquity Ventures, and Toyota AI Ventures. The funding will be used to expand the footprint of the company's synthetic data generation … [Read more...] about Parallel Domain Raises $11 Million Series A to Accelerate Computer Vision Development

Pico Names Intel Capital as New Investor and Completes $135 Million Investment Round Pico will benefit from Intel Capital’s strong expertise in disruptive technology innovation and value-added approach to accelerate its next phase of growth Pico, a leading provider of technology services for the global financial markets community, today announced it recently closed on a … [Read more...] about Pico Completes $135 Million Investment Round

Dragos, Inc., the global leader in cybersecurity for industrial controls systems (ICS)/operational technology (OT) environments, today announced that it has secured $110 million in Series C funding from investors representing some of the world’s largest corporations. The round represents the most substantial investment-to-date for a company in the ICS/OT cybersecurity sector.2 … [Read more...] about Dragos Announces Record-Setting $110M Investment in Industrial Cybersecurity with Series C Funding

Sunlight’s virtualisation technology is the solution for bottlenecks in applications like AI, analytics and big data caused by the massive upwards trend in data creation Sunlight’s founder was one of the architects of the Xen hypervisor technology - the original foundation of the AWS cloud New funding from OpenOcean and Robert Bosch Venture Capital will be used to expand … [Read more...] about Sunlight Raises $6M in Funding to Make High-Performance Cloud a Reality

Amount, a leading technology provider for financial institutions, today announced it has secured an $81 million Series C investment led by Goldman Sachs Growth with participation from existing investors including August Capital, Invus Opportunities and Hanaco Ventures. "Most banks are looking for resources and infrastructure to accelerate their digital strategy and meet the … [Read more...] about Amount Announces $81M in Series C Funding Led by Goldman Sachs

Ridecell Inc., the high-yield fleet platform for digital transformation chosen by the world's leading fleets, today announced it has secured $45 million for its Series C financing round. The round was led by new investor, Fort Ross Ventures, and includes new investor Solasta Ventures. Existing investors Activate Capital, DENSO, LG Technology Ventures, and Initialized Capital … [Read more...] about Ridecell Secures $45 Million in Series C Financing Round

EclecticIQ, a global threat intelligence, hunting and response technology provider, has raised €20 million ($24 million) in Series C financing, led by Ace Management, Europe's leading cyber growth investor. Other contributors to the funding round include Capricorn Digital Growth Fund and Quest for Growth, Invest-NL, Arches Capital and existing investors INKEF Capital, KEEN … [Read more...] about EclecticIQ raises €20 million in Series C funding

This is the largest single investment in this market, signaling software's critical role in driving the mainstream adoption of solar Aurora Solar, a SaaS company developing tools that enable solar professionals to design and sell solar remotely, announced today that it has raised $50 million in Series B, bringing the company's total investment to over $70 million. This round … [Read more...] about Aurora Solar Raises $50M to Power the Digital Transformation of the Solar Industry

Furthering Endomag’s mission to improve cancer care, by expanding access to new advanced breast surgery techniques Endomag, a breast cancer market leader and one of the UK’s fastest growing private technology businesses1, has secured £15m (~$20m) in Series D funding. These funds are earmarked for expanding access to new advanced techniques enabled by its products, such as … [Read more...] about Endomag Secures £15 Million ($20 Million) in Series D Funding

Investment and partnerships will drive commercialization of Totum's Doppler Multichannel Spread Spectrum (DMSS) technology, enabling low-cost, global, indoor tracking and monitoring of billions of assets. Satellite IoT connectivity company Totum Labs today announced it has completed a $13 million Series A financing. Heroic Ventures and Space Capital co-led the investment … [Read more...] about Totum Labs Closes $13 Million Series A and Launches Strategic Partnerships

Logz.io, a leading cloud-native observability platform for modern DevOps teams, today announced a new $23 million funding round led by Pitango Growth, Israel’s largest venture capital firm. The new financing round, which includes participation from Logz.io’s existing investors, will be used to further accelerate Logz.io’s growth and advance its mission to provide customers … [Read more...] about Logz.io Announces $23 Million Funding Round