San Francisco-based Salesforce DevSecOps platform startup AutoRABIT raises US $26 million
AutoRABIT, the top Salesforce DevSecOps platform supplier for regulated industries, announced on 4th May 2022 a US $26 million investment from Full In Partners, a renowned growth equity firm. Given the rise in cybersecurity threats and White House recommendations to harden infrastructure and tighten security policies, this funding comes at a time when DevSecOps solutions are in higher demand, and...
Wyebot raises USD 8 million in Series A Funding
Boston-based artificial intelligence-driven Wifi automation startup Wyebot raised USD 8 million in Series A funding. Stage 1 Ventures led the funding round for Wyebot on May 05, 2022. Meanwhile, existing investors Tectonic Ventures, Innospark Ventures, and Launch Capital also participated in the round. Purpose of Funding for Wyebot Wyebot will use the proceeds from the recent round to further commercialize its...
API security provider platform Traceable AI raises USD 60 million in Series B Funding
San Francisco-based API security provider Traceable AI raised USD 60 million in its Series B funding on May 04, 2022. Institutional Venture Partners (IVP) and Tiger Global Management led the funding for Traceable AI. Existing investors such as Unusual Ventures and BIG Labs also invested in the Series B round. With the new funding round, the valuation for the startup...
California-based digital asset data provider startup Amberdata raises US $30 million in Series B funding
Amberdata has raised US $30 million to pursue the "infinite possibilities" of bringing traditional finance to the web 3.0 world on May 4th, 2022. Susquehanna International Group, Nasdaq Ventures, NAB Ventures, Chicago Trading Company, Nexo, Coinbase, and Innovius are among the investors in the round, which Knollwood Investment Advisory led. Citi, Franklin Templeton, Aspenwood Ventures, Rovida Kruptos Assets, and Boldstart...
Winterpark, Fla.-based Apple device management firm Mosyle raises US $196 million in Series B
Mosyle, mobile device management (MDM) company, announced a US $196 million series B investment round, along with the introduction of its Apple Unified Platform on May 4th, 2022, a solution that combines five apps into one. Insight Partners, a New York-based private equity firm, led the investment round for the Winter Park, Fla.-based startup, including StepStone Group and other investors....
Mumbai-based grocery delivery platform startup Zepro raises US $200 million in Series D funding
Zepto, a ten-minute grocery delivery platform, has secured $200 million from its previous round, led by Y Combinator Continuity and new investor Kaiser Permanente, on May 2nd 2022. Nexus Ventures, Glade Brook, and Lachy Groom are among the existing backers who have joined the Series D round. The nine-month-old startup valued US $900 million, missing out on unicorn status by...
Saas Startup Toplyne raises USD 15 million in Series A Funding
Bangalore, India-based software-as-a-service (SaaS) startup Toplyne raised USD 15 million in a Series A round on May 3, 2022. Tiger Global and Sequoia Capital India led the funding for Toplyne. The round also saw participation from existing investors such as Together Fund and Sequoia India's Surge. Meanwhile, angel investors from Canva, Vercel and Zoominfo invested in the round. Purpose of...
Fintech Platform Kaleidofin raises USD 5 million in the second tranche of Series B Funding
Chennai, India-based financial services provider platform Kaleidofin raised USD 5 million in the second tranche of Series B funding. The round took place on May 3, 2022. Bill & Melinda Gates Foundation’s Seattle-based Strategic Investment Fund, as well as the angel and the existing investors, led the funding for Kaleidofin. Meanwhile, the total funds raised by the platform now stand...
5 Tips for Launching a Successful Dating Website Startup
It's hard to find a small business idea with the right balance of ROI and low event risk. Formany, a dating site might be worth considering. When deciding on an online business model,it is important to consider relevant factors that may make it more or less appealing.Matchmaking sites are a business opportunity because they create a market of users...
Bangalore-based Neobanking startup Open raises US $50 million- to become India’s 100th Unicorn
After raising US $50 million from IIFL on May 2, 2021, Bengaluru-based neo banking company Open became the country's 100th Unicorn. Existing investors such as Singapore's national wealth fund Temasek, US hedge fund Tiger Global, and 3one4 Capital participated in the round. The new fundraising round pushed Open's valuation beyond US $1 billion. New Products and Services: The new strategic investment from...
