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Cyient, a global engineering and technology solutions company, announced that it has attained Gold partner status in the Esri Partner Network. The company received recognition for its robust and continued investment in achieving Esri’s ArcGIS Online, Release Ready and Utility Network Management Specialties. With this designation, Cyient joins an exclusive list of companies that have…
Cloud quality management system Qualio recently announced the close of its $11mn Series A funding round led by Storm Ventures. The recent funding will be to scale the company’s quality management software and continue building a remote-first team. As part of the funding, Arun Penmestsa of Storm Ventures will join Qualio’s board of directors. New…
US-based data-as-a-service (DaaS) company Jornaya recently announced that it has appointed Rich Smith as Chief Marketing Officer. In a press statement, the company said, “In this new role, Smith will leverage decades of experience as a CMO in banking, mortgage and insurance to accelerate Jornaya’s growth. He will lead efforts to evolve the company’s brand…
Zeotap, a Customer Intelligence Platform (CIP) that helps companies better understand their customers and predict behaviors, to invest in more meaningful experiences, announced that it has raised $42 million in Series C funding round as it plans to double down on its product offerings. The company has raised new capital from Germany-based Neue Capital, European…
PumPumPum, a Gurugram-based startup to offer ‘used car leasing’ in the corporate and retail segment, announced that it has raised Rs 2.2 crore seed funding from LetsVenture Syndicate, led by Pallav Pandey (former Co-founder and CEO, Fastfox). Other angel investors who participated in the round include Ritesh Malik (Founder and CEO, Innov8), Shobhit Shukla (Co-Founder,…
Bond Financial Technologies, Inc., a company building an enterprise-grade financial technology platform, announced it has raised a $32 million Series A funding to connect digital brands to banking partners without the friction that has beset early movers in fintech. The current financing round was led by Coatue, with participation from existing seed investor Canaan and…
Anti-money laundering compliance technology provider, Hummingbird RegTech recently announced that it has raised $8.2mn in its Series A funding round. The funding round was led by Flourish Ventures. New investors who participated in the round include Stripe alumni Lachy Groom and Jon Zieger. Existing and seed investors Hombrew, Designer Fund, and TTV Capital also participated…
Preventice Solutions, a leader in digital healthcare solutions and remote cardiac monitoring services powered by deep learning and artificial intelligence (AI), announced that it has raised $137 million in a Series B financing to accelerate investment in salesforce expansion, technology and product innovation and further development of clinical evidence supporting its flagship solution. The financing…
Swedish sustainable food company Oatly recently announced that it has raised $200 million in equity led by Blackstone Growth. Additional investors in the funding round include Oprah Winfrey, Roc Nation, Natalie Portman, former Starbucks Chairman and CEO Howard Schultz, Orkila Capital, and Rabo Corporate Investments, the investment arm of Rabobank. As minority shareholders, the new…
Bloomberg Industry Group announced that it has named Lisa Helem to the newly created position of executive editor, strategic initiatives. She will report to Cesca Antonelli, editor-in-chief. Prior to this role, Helem served as editor-in-chief of the National Law Journal. In her new role, Helen will work across the Bloomberg Industry Group newsroom, consisting of…
DoubleVerify, a leading software platform for digital media measurement, data and analytics, announced the expansion of its business into the India market. DV has appointed digital media veteran, Nachiket Deole, to lead business operations in the region. Deole will be based in DV’s Mumbai office. In his new role, Deole is charged with setting up…
US-based identity management platform Auth0 recently announced it has closed a $120 million round of Series F funding, which brings Auth0’s valuation to $1.92 billion and total capital raised to more than $330 million. The company said that the funds will help fuel continued innovation and go-to-market expansion, responding to global demand for a simple,…
Indian e-commerce giant Flipkart recently said that it is raising $1.2bn in funding led by majority owner Walmart Inc. The investment, also funded by other existing shareholders, values Flipkart at $24.9 billion, and comes two years after U.S. retail giant Walmart bought the company from its founder for $16bn acquiring more than 70% stake. Flipkart…
VelocityEHS, the global leader in cloud-based environment, health, safety and sustainability solutions, announced the appointment of John Damgaard as Chief Executive Officer, effective immediately. He succeeds VelocityEHS Co-Founder Glenn Trout who transitions into a new role as Strategic Advisor to the Company. “VelocityEHS is incredibly fortunate to attract an executive with John’s experience and reputation…
Siemens, a multinational engineering and electronics company involved in the fields of industry, energy, transportation and healthcare, announced that it has signed an agreement to acquire Santa Clara, CA-based Avatar Integrated Systems Inc., a leading developer of place and route software for integrated circuit (IC) design. Avatar helps engineers optimize power, performance, and area (PPA)…