Arize AI raises $19 million Series A financing led by Battery Ventures for Machine Learning Observability

Arize

Arize AI, the leader in ML observability and model monitoring, announced it has raised $19 million in Series A financing. The round was led by Battery Ventures with participation from previous investors Foundation Capital, Trinity Ventures, The House Fund and Swift Ventures. Dharmesh Thakker, general partner at Battery Ventures will join the Arize AI board.

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Akkio Raises $3 million for AI Platform for everyday business Users

Akkio

Akkio, developers of an artificial intelligence (AI) platform for non-data scientists, announced the closing of a seed investment round of $3 million led by Bain Capital Ventures.

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Roman cybersecurity company Exein nets €6 Million in new funding

Exein

Rome-based IoT cybersecurity firm Exein has raised €6 Million in a Series A funding round. Operating on an open-source model, Exein specialises in and provides cybersecurity solutions for IoT devices at the firmware level. The new funding is expected to propel the company’s product expansion, with a particular focus on Industrial, Automotive, and Medial IoT devices, and the expected recruitment drive that will accompany this expansion.

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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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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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AI Edge Hardware startup Deep Vision raises $35 M in Series B

Deepvision

Deep Vision, Inc. has announced it received $35 million in an oversubscribed Series B financing round, led by Tiger Global. The funding proceeds will help Deep Vision expand the capabilities of its AI processor and software tools and support its rapidly growing customer base.

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AI-powered Healthcare startup SafelyYou closes $19 mln Series A funding round

Safely you

AI-powered Healthcare Startup SafelyYou has closed a $19.5 million Series A funding round to revolutionize dementia care. Eclipse Ventures led the round, which also had participation from Founders Fund, Swift Ventures, Pacific Health Ventures, Anorak Ventures, and 7Percent Ventures, TSQ Advisors, Pathbreaker Ventures, and The House Fund. Existing investors DCVC and Foundation Capital also participated in this round. Justin Butler, Partner at Eclipse Ventures, said about the firm’s participation:

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Unleash live raises $8M in Series A to scale AI apps for enterprise analytics

Unleash

Unleash live is one of the world’s leading AI video analytics platforms. Now, it announced that it closed an $8 million (nearly £5.8 million) in a Series A funding round led by SafetyCulture. Notably, SafetyCulture is a global operations platform empowering teams to drive workplace improvements and one of the fastest-growing technology companies in Australia. In 2020, it acquired microlearning business EdApp.

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Keenon Robotics raises 200 million in Series D funding led by Softbank Vision Fund 2

Keenon Robotics

Keenon Robotics Co., Ltd, a leader in service robotics, announced $200 Million in Series D funding, led by Softbank Vision Fund 2, followed by CICC ALPHA and Prosperity7 Ventures (the diversified growth fund of Aramco Ventures). So far, this round is also the largest round of funding in the service robot field. China Renaissance is the exclusive financial advisor for this financing.

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Matillion raises $150Million Series E funding at $1.5B valuation

Matillion

Matillion, a leading cloud data integration platform, announced $150M in Series E funding, led by General Atlantic, a leading global growth equity firm, with participation from Battery Ventures, Sapphire Ventures, Scale Venture Partners, and Lightspeed Venture Partners. This funding marks Matillion’s second triple-digit round of 2021, bringing the total amount raised to $310M at a valuation of $1.5B.

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Private AI Secures $3.15 Million Seed Round to Streamline Privacy Compliance for Enterprises

Private AI

Private AI, a developer of privacy-preserving machine learning and natural language processing tools, is pleased to announce that it has secured $3.15 million in seed funding to improve their product offering, expand the team, and accelerate their acquisition of domestic and international customers. The growth financing is led by Microsoft’s venture fund M12 and Forum Ventures, following a sixfold revenue increase since January. Private AI’s customer base now ranges from startups to multi-billion-dollar companies, including financial institutions and conversational AI companies.

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News aggregator SmartNews raises $230 million, valuing its business at $2 billion

Smartnews

SmartNews, a Tokyo-headquartered news aggregation website and app that’s grown in popularity despite hefty competition from built-in aggregators like Apple News, today announced it has closed on $230 million in Series F funding. The round brings SmartNews’ total raise to date to over $400 million and values the business at $2 billion — or as the company touts in its press release, a “double unicorn.” (Ha!)

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Tech startup Copado raises $140 mln in Series C Funding

Copado

Copado, a tech startup based in Chicago, has raised $140 million in Series C funding to expand its DevOps platform to power the largest digital transformations

Insight Partners led the round with new investors Declaration Partners, SoftBank Vision Fund 2, and DG Ventures. Existing investors Salesforce Ventures, Perpetual Investors, ISAI Cap Venture, and Lead Edge Capital also joined this round, which valued the startup at $1.2 billion.

The proceeds of the round will be invested in the expansion of Copado’s DevOps and AI-enabled testing solutions across the enterprise SaaS platforms driving today’s digital transformation. The funds will also be used to fuel its international growth, especially in the Asia-Pacific (APAC) market with the support of SoftBank and Digital Garage Group.

Copado has seen rapid growth over the past years, doubling its annual recurring revenue and tripling the number of new seven-figure client engagements. Its workforce has grown to more than 500 employees across the world, which has allowed it to accelerate its expansion.

According to the startup, there are more than 1,100 global brands using Copado’s solutions, including AmerisourceBergen, Cox Automotive, and Linde. The expanding list also added Campbell’s, Standard Bank, and TalkTalk Group over the past 6 months. Philipp Rackwitz, Chief Strategy Officer and co-founder of Copado, referred to this success by stating:

“Today, our customers are asking us to replicate the success they have experienced using Copado with Salesforce on other SaaS platforms. This customer-driven innovation is fueling our growth and multi-cloud expansion strategy. We are excited to find ourselves only at the beginning of this extraordinary journey.”

The digital revolution across different industries has increased the demand for DevOps platforms that improve the efficiency of development and IT operations, which Copado aims to be leading in the following years. To achieve this objective, as well as to bring additional security and AI-enabled automated testing capabilities to its platform, the tech startup acquired New Context and Qentinel.

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