Elderly caretech platform Birdie gets $11.5M Series A led by Index

Birdie

SaaS-maker Birdie has closed an $11.5 million Series A round of funding led by Index Ventures. Existing investor Kamet Ventures also participated. The UK-based caretech startup has raised a total of $22.9M since being founded back in 2017 (a 2018 raise that was called a Series A at the time is now being classed as a seed expansion). It’s focused on building tools for social care providers to drive efficiencies in a chronically under resourced sector.

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Sitecore set to acquire Moosend as part of ongoing 12B growth plan

Sitecore + Moosend

Yesterday, Sitecore announced the acquisition of Moosend, a marketing automation and campaign management platform. The acquisition, which is part of Sitecore’s ongoing $1.2 billion growth plan, is expected to close by the end of May 2021 and will accelerate the delivery of it’s integrated, SaaS-based digital experience platform. Moosend complements Sitecore’s offering to create a personalization for modern enterprises.

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Persona lands $50M for identity verification after seeing 10x YoY revenue growth

Persona

Persona, a startup focused on creating a personalized identity verification experience “for any use case,” aims to differentiate itself in an increasingly crowded space. And investors are banking on the San Francisco-based company’s ability to help businesses customize the identity verification process — and beyond — via its no-code platform in the form of a $50 million Series B funding round. 

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Vectra AI picks up $130M at a $1.2B valuation for its network approach to threat detection and response

Vectra AI

Cybersecurity nightmares like the SolarWinds hack highlight how malicious hackers continue to exploit vulnerabilities in software and apps to do their dirty work. Today a startup that’s built a platform to help organizations protect themselves from this by running threat detection and response at the network level is announcing a big round of funding to continue its growth. Vectra AI, which provides a cloud-based service that uses artificial intelligence technology to monitor both on-premise and cloud-based networks for intrusions, has closed a round of $130 million at a post-money valuation of $1.2 billion.

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C2i, a genomics SaaS product to detect traces of cancer, raises $100M Series B

c2i Genomics

If you or a loved one has ever undergone a tumor removal as part of cancer treatment, you’re likely familiar with the period of uncertainty and fear that follows. Will the cancer return, and if so, will the doctors catch it at an early enough stage? C2i Genomics has developed software that’s 100x more sensitive in detecting residual disease, and investors are pouncing on the potential. Today, C2i announced a $100 million Series B led by Casdin Capital. 

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YC-backed Abacum nets $7M to empower finance teams with real-time data and collaboration tools

Abacum

SaaS to support mid-sized companies’ financial planning with real-time data and native collaboration isn’t the sexiest startup pitch under the sun but it’s one that’s swiftly netted Abacum a bunch of notable backers — including Creandum, which is leading a $7M seed round that’s being announced today.

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Future of SaaS: What to expect in coming years

SaaS

With more and more integration of Cloud services, SaaS models continue to operate as the most popular service-based approach. However, with time, SaaS is likely to go through certain robust changes that will peak its popularity in years to come. It’s all up in the cloud…

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Brandwatch is acquired by Cision for $450M, creating a PR, marketing and social listening giant

Online consumer intelligence and social media listening platform Brandwatch has been acquired by Cision, best known for its media monitoring and media contact database services, for $450 million, in a combined cash and shares deal. TechCrunch understands Brandwatch’s key executive team will be staying on. The move combines two large players to offer a broad […]

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The adoption of Machine Learning in data driven SaaS products

Platform on Screen

SaaS solutions have been gaining popularity over recent years to the point where most software products are using SaaS based model. SaaS has been widely accepted by industry as it requires little to no installation, software can be instantly dispatched via cloud and cloud computing offers flexibility in computing power and resources.

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Landbot closes $8M Series A for its ‘no code’ chatbot builder

Landbot IO

Barcelona-based Landbot, a ‘no-code’ chatbot builder, has bagged a $8M Series A led by the Spanish-Israeli VC firm Swanlaab, alongside support from Spain’s innovation-focused public agency, CDTI. Previous investors Nauta Capital, Encomenda and Bankinter also participated in the round. We last chatted to Landbot back in 2018 when it raised a $2.2M seed and had […]

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Swedish edtech startup Sana Labs bags £13M to redefine workplace training with AI

Sana Labs, a Stockholm-based online training platform, raised $18 million (approx £13.1 million) in a Series A round led by EQT Ventures. The funding round brings the total amount raised to $23 million (approx £17 million). The new funding will be used to invest more in technology R&D, sales-focused marketing, and people to make this happen.

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