Category: Tech and Internet

myfisensemyfisenseFebruary 24, 2021
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2min00
Rethink is an add-on to Riverside’s portfolio company Buildout, a provider of SaaS-based marketing and deal management software, also serving the CRE market. Rethink was founded on the marriage of top CRM technology and true CRE experience and insights. With Rethink’s purpose-built CRM and CRE tools, integrations and award-winning client success team working seamlessly together, […]

myfisensemyfisenseFebruary 23, 2021
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3min00
Lucid Motors reached an agreement to become a publicly traded company through a merger with special-purpose acquisition company Churchill Capital IV Corp, in the largest deal yet between a blank-check company and electric vehicle startup. The combined company, in which Saudi Arabia’s sovereign fund will continue to be the largest shareholder, will have a transaction equity […]

myfisensemyfisenseFebruary 23, 2021
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4min00
Katana, an Estonian startup that has built manufacturing-specific enterprise resource planning (ERP) software for SMBs, has raised $11 million in Series A funding. Leading the round is European venture capital firm Atomico, with participation from angel investors Ott Kaukver (Checkout.com CTO), Sten Tamkivi (CPO Topia, formerly Skype), Sergei Anikin (CTO, Pipedrive) and Kairi Pauskar (former […]

myfisensemyfisenseFebruary 22, 2021
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6min00
Zhou Yuxiang doesn’t have the typical profile for working in China’s manufacturing world. A soft-spoken yet incisive person in his early thirties, Zhou graduated from Dartmouth College with a degree in government and went on to work in investment banking in Hong Kong, following the path of many Chinese overseas returnees. But a few years […]

myfisensemyfisenseFebruary 17, 2021
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4min00
Sweden-based cloud communications company Sinch has followed through on its strategy in that department. The company announced that it is acquiring Inteliquent, an interconnection provider for voice communications in the U.S. currently owned by private equity firm GTCR, for $1.14 billion in cash. And to finance the deal, Sinch said it has raised financing totaling SEK8.2 billion $986 […]

myfisensemyfisenseFebruary 12, 2021
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3min00
SCB 10X, the venture arm of Thailand’s Siam Commercial Bank, has announced the launch of a new fund worth US$50 million. The fund will invest in both early- and growth-stage startups globally, particularly promising startups in blockchain infrastructure for decentralised finance (DeFi) and digital assets, to ready the bank for the digital financial systems of the future. As per […]

myfisensemyfisenseFebruary 11, 2021
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4min00
Today, the Africa-focused but U.S.-based unified financial data platform announced its seed round of $3 million. The investment, led by Radical Ventures, Raptor Group, Lateral Capital and EchoVC was closed in Q3 2020 and came after the fintech startup raised $500,000 in pre-seed two years ago. It further reflects the continued customer growth from banks, fintechs, credit bureaus and microfinance banks in Ghana, Kenya […]

myfisensemyfisenseFebruary 11, 2021
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2min00
Spacelift, a startup that automates the management of cloud infrastructure, has raised $6 million in a Series A funding round led by London’s Blossom Capital. Polish fund Inovo Venture Partners and Hoxton Ventures are also investing. The Polish and US-based startup is taking advantage of the opportunity presented by the increasingly complex cloud world, with […]

myfisensemyfisenseFebruary 10, 2021
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2min00
CYE has raised $100 million in a new growth round, led by investment firm EQT and with participation from 83North. CYE was founded in 2012 by Reuven Aronashvili to help companies shore up their security posture. It does this in large part by conducting offensive operations against their customers with their explicit consent  to find […]

myfisensemyfisenseFebruary 9, 2021
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2min00
Reddit has raised a new funding round, totalling $250 million. This is the company’s Series E round of financing, and it comes hot on the heels of renewed public attention on the site that has dubbed itself ‘the front page of the Internet,’ owing to the role the subreddit r/WallStreetBets played in the recent meteoric […]

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