Category VC Page 2 of 3
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Innovaccer Raises $275M to Enhance AI-Driven Solutions
In a significant leap forward for healthcare technology, Innovaccer Inc., a trailblazer in healthcare AI, has announced a monumental $275 million Series F funding round. This latest investment, a blend of primary and secondary funding, saw participation from notable investors including B Capital Group, Banner Health, Danaher Ventures LLC, Generation Investment Management, Kaiser Permanente, and M12.
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After Raising Over $100M, Accounting Startup Bench Faces Abrupt Shutdown and Acquisition by Employer.com
In a shocking turn of events, Vancouver-based startup Bench Accounting announced its abrupt shutdown, leaving customers scrambling for alternatives. However, in a surprising twist, the company has now been acquired by Employer.com, a San Francisco-based workforce management software provider. This acquisition raises questions about the future of Bench’s services and the implications for its loyal customer base.
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Upwind Secures $100 Million Funding, Achieving $900 Million Valuation in Cloud Security Sector
In a significant development for the cloud security industry, Upwind has confirmed that it has successfully raised $100 million in its latest funding round, bringing its valuation to an impressive $900 million. This funding will enable Upwind to enhance its offerings and expand its market presence in the rapidly evolving cloud security landscape.
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SwiftConnect Secures $37 Million in Series B Financing to Revolutionize Digital Access
SwiftConnect, a Stamford-based property technology startup, has made headlines with its recent announcement of closing a $37 million Series B financing round. This significant funding milestone, revealed on Thursday, marks a pivotal moment for the company, which specializes in providing digital access solutions for buildings. With this latest round, SwiftConnect has successfully raised a total of $74 million since its inception.
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LocalStack Raises $25M, ScaleOps Raised $58M, and Writer Raised $200M
In the ever-evolving world of technology, three recent developments have caught the attention of the venture capital community. From empowering cloud-native development to optimizing cloud spend, and advancing the frontiers of generative AI, these stories showcase the innovative spirit driving the industry forward.
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Ualá Eyes Banking Expansion After $2.75 Billion Valuation
In a significant development for the fintech landscape in Latin America, Argentina’s Ualá has successfully raised $300 million, propelling its valuation to an impressive $2.75 billion. This funding round marks a pivotal moment for the company, which aims to solidify its position as a leading financial institution in Argentina and expand its footprint in other Latin American markets.
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Cruisebound Secures $13M Funding to Revolutionize Digital Cruise Booking
Cruisebound, a leading digital-first cruise booking platform, has announced the closing of a $13 million financing round led by Thayer Ventures, with participation from a diverse group of investors, including Link Ventures, former Booking Holdings Chairman and CEO Jeff Boyd, PAR Capital Ventures, Tripadvisor cofounder and former CEO Steve Kaufer, Flybridge, and Plug & Play Ventures.
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Seattle Startup Read AI Raises $50M
GeekWire’s startup coverage documents the Pacific Northwest entrepreneurial scene. Sign up for our weekly startup newsletter, and check out the GeekWire funding tracker and venture capital directory.
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Filigran Secures $35M for its Cybersecurity Threat Management Suite
Paris-based startup Filigran is fast becoming the next cybersecurity rocketship to track. The company has just raised a $35 million Series B round, only a few months after it raised $16 million in a Series A round.
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Nooks Launches AI Sales Assistant Platform (ASAP), Raises $43M Series B
Nooks, the leading AI-powered sales assistant platform, today announced the launch of its AI Sales Assistant Platform (ASAP) and a $43 million Series B funding round led by Kleiner Perkins. This brings Nooks’ total funding to $70 million, including a $5 million seed round and a $22 million Series A.