AI-powered contract management platform Malbek lands $15.3M

Malbek

Contract lifecycle management startup Malbek today announced it has raised $15.3 million in a series A funding round led by Noro-Moseley Partners, with participation from TDF Ventures and Osage Venture Partners. The funding, which brings the company’s total raised to over $20 million, will be used to support product development and expansion, according to CEO Hemanth Puttaswamy.

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CRM marketing startup Optimove raises $75M

Optimove

Optimove, a customer relationship management (CRM) software provider, today announced that it raised $75 million in a funding round led by Summit Partners with participation from existing investors. The company says the capital will be put toward supporting strategic mergers and acquisitions, product R&D, and hiring, with the goal of doubling the company’s 180-person headcount over the next two years.

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Kawaii Islands Secures $2.4M via Private Token Sale for Its Anime Play-to-Earn Metaverse

Surf shack

Following a $2.4M private token sale round, the NFT-enabled blockchain or DLT-based game will debut in September 2021. As an “enchanting” fantasy game in the Cloud, players are able to  “simultaneously experience simulation gaming, including building, crafting, farming, and social networking.”

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“Above the Trend Line” – Your Industry Rumor Central for 9/24/2021

Above the Trend Line

Variety of short time-critical news items grouped by category such as M&A activity, people movements, funding news, industry partnerships, customer wins, rumors and general scuttlebutt floating around the big data, data science and machine learning industries including behind-the-scenes anecdotes and curious buzz.

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SaaS platform Plannuh, which focuses on Financial Management, Business Optimization, secures $4.1 million

Plannuh

Plannuh, a software-as-a-service or SaaS firm automating core marketing leadership processes such as planning, financial management, and optimization of business outcomes, reveals that it has finalized a $4.1 million equity round that was led by Ripple Ventures.

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Osano, a data compliance platform, raises $11M

Osano

Osano, a data privacy platform that helps websites become compliant with international regulations, today announced that it closed a $11 million funding round led by Jump Capital, bringing its total raised to $22.3 million. The company says that the money will be used to support international expansion as well as hire additional sales, marketing, and engineering staff.

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Workflow automation startup Daylight lands $12.3M

Daylight

Toronto, Canada-based Daylight, formerly FormHero, today announced it has raised $12.3 million in a series A round led by RTP Global, Bessemer Venture Partners, and Golden Ventures, with participation from Golden Ventures. The company says the funds, which bring its total raised to $14.56 million, will be used to support go-to-market activities and expand the capabilities of its automation platform.

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Project44 acquires last-mile delivery startup Convey for $255M

Project44 - Convey

Project44, a Chicago, Illinois-based supply chain visibility solutions provider, today announced that it acquired last-mile delivery startup Convey for $255 million. Together, Project44 says that it and Convey will serve the global supply chain end-to-end, offering insights to help brands deliver new direct-to-consumer and ecommerce experiences.

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App observability platform DeepFactor raises $15M

Deepfactor

DeepFactor, a code observability startup based in San Jose, California, today announced that it raised $15 million in series A financing led by Insight Partners with participation from Emergent Ventures, Security Leadership Capital, and Tricentis. The funding brings the company’s total raised to $18.4 million to date, and it’ll be put toward supporting existing product development and the launch of a software-as-a-service offering, according to cofounder and CEO Kiran Kamity.

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Software supply chain management company Cloudsmith raises $15M

Cloudsmith

Belfast, Northern Ireland-based software supply chain management startup Cloudsmith today announced that it closed a $15 million series A funding round led by Tiger Global, with participation from Shasta, Amaranthine, Sorenson, Leadout Capital, Frontline, MMC, and Techstart. The infusion brings the company’s total raised to over $17 million and will be used to expand Cloudsmith’s workforce from 17 employees to 60 in the next year, particularly its U.S.-based sales and data engineering teams.

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AI-powered disinformation detection platform Blackbird nabs $10M

Blackbird AI

Blackbird.AI, an AI-powered platform designed to combat disinformation, today announced that it closed a $10 million series A funding round led by Dorilton Ventures with participation from NetX, Generation Ventures, Trousdale Ventures, StartFast Ventures, and individual angel investors. The proceeds, which bring the company’s total raised to $11.87 million, will be used to support ramp-ups in hiring and product lines and launch new features and capabilities for corporate and national security customers, according to cofounder and CEO Wasim Khaled.

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Data Integration platform Fivetran raises $565 million in funding, acquires HVR

Fivetran

Automated data integration platform, Fivetran, has raised $565 million in a Series D round, consisting of new and existing investors. Andreessen Horowitz led the round with participation from existing investors General Catalyst, CEAS Investments, Matrix Partners, and others, along with new investors ICONIQ Capital, D1 Capital Partners and YC Continuity. 

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[Podcast] Daniel Kornev Chief Product Officer at DeepPavlov on Open Source Voice Assistants and the Alexa Prize

Daniel Kornev is chief product officer for DeepPavlov.ai which is the developer behind the DeepPavlov open source framework for building voice assistants. The company has raised over $9 million in funding and has over 50,000 downloads and 5,000 Stars on GitHub.

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IT startup GigaIO closes $14.7 mln Series B round

GigaIO

GigaIO, an IT Startup based in San Diego, has closed a $14.7 million Series B funding round to continue creating the next generation of data center rack-scale architecture. The new capital brings the total funding raised by the startup since 2017 to $19.2 million. Jack Crawford, Founding General Partner at Impact Venture Capital, said about the round:

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