LATEST ARTICLES

California-based Paystand raises USD 50 Million in Series C funding round

On 23rd July 2021, California-based Paystand announced that it raised USD 50 Million in a Series C funding round. It is a B2B fintech startup that has raised USD 82 Million in funding till now.  This funding round was led by NewView Capital, this round also saw the participation of King River Capital and SoftBank’s SB Opportunity Fund.  Paystand stated that...

US-based hospitality tech startup Bbot raises US$ 15M in Series A

Bbot

US-based Bbot, a hospitality tech startup dedicated to simplifying and improving the ordering and payments process for restaurants, raised US$ 15 million in Series A funding round on 22 July 2021.Investors: The funding round was led by CRV. Bbot has raised a total of US$ 22.2 million to date.Purpose of the funding: The funds raised will be used by...

New York-based Tailor Brands raises USD 50 Million in a Series C funding

On Thursday (22.07.2021), New York-based Tailor Brands announced that it raised USD 50 Million in a Series C funding round. The startup automates the process of marketing and branding. This round was led by GoDaddy as a strategic partner and saw participation was OurCrowd and the previous backers' Mangrove Capital Partners, Pitango Growth, Disruptive VC, Armat Group and Richard Rosenblatt,...

US-based AI startup Prodigal raised US$ 12 million in series A from Menlo Ventures

Headquartered in California, USA, AI startup Prodigal secured a fundraise of US$ 12 million in Series A funding from Menlo Ventures on July 22, 2021. It is an info-tech startup that offers software for lenders to upgrade their work and communication with borrowers from collection agencies with insights from fundamental customer interactions from agents to AI solutions. The funding round...

Cyber risk management startup Safe Security secures US$ 33M in Series B funding

US-based Safe Security, a startup offering an effective platform to corporations for tackling and assuaging cyber risk in real-time, has raised US$ 33 million in Series B funding led by UK's BT Group on 21 July 2021. Investors: The funding round featured BT Group as the lead investor with participation from John Chambers, CEO of JC2 Ventures. The startup has raised,...

US-based startup Outplay raises US$ 7.3 million in series A funding from Sequoia Capital India

Headquartered in Greater Philadelphia, Outplay announced that it has closed US$ 7.3 million in a Series A funding round from Sequoia Capital India today, on July 22, 2021. About Outplay Founded in 2019 by Laxman Papineni and Ram Papineni, Outplay is a multi-channel sales engagement platform that ensures that the outbound sales team delivers the most powerful message at the perfect...

The US-based E-commerce startup Fabric rakes in $100 Million in Series B, Valuation soars to US$ 850 Million

E-commerce startup, Fabric secured US$ 100 million in series B led by Stripes on July 19 2021, within only five months of its previous fundraise of US$ 43 million in series A. B Capital Group, Greycroft, and existing investors, including Norwest Venture Partners, Redpoint Ventures, and Sierra Ventures were also seen participating. The startup intends to use this investment...

Australian Medtech startup Omniscient Neurotechnology raised US$ 30 million in series B funding and launches Quicktome

Headquartered in Sydney, Omniscient Neurotechnology has secured a fundraise of US$ 30 million in series B funding and launches a neurosurgical planning software, Quicktome. The venture round was held on July 19, 2021, and led by several Australian billionaires, valuing the company at $295 million to date. Omniscient Neurotechnology is developing an artificial intelligence software to examine the networks...

US-based edtech startup Sololearn rakes in US$ 24 million in series B funding

Sololearn, an e-learning platform, has raised US$ 24 million in a Series B funding round on July 21, 2021. Drive Capital led the venture round with the participation of Learn Capital and Prosus Ventures (who also partook Series A round of US$ 5.6 million in 2016) as the valuation soars to US$ 30.9 million to date.  About Sololearn Sololearn is a...

Visa acquires CurrencyCloud in a deal of USD 963 Million

On Thursday, Visa announced that it will be acquiring London-based CurrencyCloud in a deal of USD 963 Million (GBP 700 Million). CurrencyCloud is an API developer that powered currency exchange service and remittance, the company is getting near to becoming a financial service giant.  In mid of 2019, CurrencyCloud raised USD 80 Million in a funding round in which Visa...