Global Infrastructure Partners has announced that it has made a preferred equity investment of up to $245 million in Easton Energy LLC. Easton is a Houston based midstream company focused on developing infrastructure assets that support the transportation, storage, and processing of natural gas liquids (NGL), refined products, and petrochemicals along the Gulf Coast. GIP…
Trifacta, the Data Engineering Cloud company, has announced its continued expansion into Asia Pacific and Japan (APJ), with a new regional presence in Singapore and Bengaluru. To drive the continued expansion and support the influx of customers, Trifacta appointed Quoc Tran as the company’s first Vice President of the APJ region. Tran brings over two…
Alloy, an identity decisioning platform for banks and fintech companies, has announced that it has raised $100 million in Series C funding. Lightspeed Venture Partners’ Justin Overdorff led the round with participation from existing investors Canapi Ventures, Bessemer Venture Partners, Avid Ventures and Felicis Ventures, bringing the company’s valuation to $1.35 billion and the total…
Eagle Eye Networks has announced the acquisition of artificial intelligence platform Uncanny Vision. The acquisition also includes research and development capabilities and a new regional office in Bangalore, India. “After evaluating more than a dozen AI companies, we began working with Uncanny Vision in 2020. It didn’t take long for us to conclude that Uncanny…
Ola Electric, India’s EV manufacturer, has announced that it has raised over US$200 million led by Falcon Edge, Softbank and others, at a valuation of US$3 billion. A statement said, “Ola will accelerate development of other vehicle platforms including electric motorbike, mass market scooter and its electric car. The announcement will further strengthen Ola’s “Mission…
ContractPodAi, an AI-powered contract lifecycle management (CLM) platform, has announced a USD $115 million Series C investment headed by SoftBank Vision Fund 2. This latest round saw ContractPodAi’s valuation increase 5x from its previous Series B round in 2019. As part of the transaction, Ayush Jain of SoftBank Investment Advisers will join the ContractPodAi Board.…
DroneSeed has announced that it has raised $36 million in its Series A funding round. The round was led by Social Capital and Seven Seven Six, with participation from new and existing investors. Part of these funds were used to acquire Silvaseed, a 130-year-old forestry company, to expand DroneSeed’s seed collection and seedling cultivation services.…
Park Place Technologies has announced the opening of a new office in Hyderabad, India. The office in Hyderabad will enhance the company’s ability to deliver its award-winning data center hardware maintenance and full suite of managed services to customers in India, as per the company’s statement. It added, “The 24/7 Hyderabad facility will feature 2,500…
your-space, a student housing platform, has appointed Shaunik Sachdev as chief marketing officer. Nidhi Kumra, your-space’s chief executive officer, commented, “One of the interesting shifts post-COVID for the student housing segment has been that customer discovery and acquisition has moved entirely online. We feel Shaunik with his deep domain expertise is well positioned to help…
Silicon Valley-based venture capital (VC) firm Benhamou Global Ventures (BGV), which invests in Enterprise 4.0 companies globally, has announced its fourth fund, closing at $110M, 60% larger than its third fund. “For BGV, if you are a talented entrepreneur, it doesn’t matter where you’re from. What matters is that your idea and your company are…
New York-based AlphaSense, the market intelligence and search platform, has announced its $180 million Series C financing round led by Viking Global Investors and the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), joined by Morgan Stanley, Citi, Bank of America, Barclays, Wells Fargo Strategic Capital, Cowen Inc., and AllianceBernstein, as well as…
Meesho, social commerce platform, has announced that it has raised $570 million. With this round, within 5 months, its valuation has now shot up to $4.9 Billion, according to a statement. The round was led by Fidelity Management & Research Company and B Capital Group. Existing investors Prosus Ventures, SoftBank Vision Fund 2 and Facebook…
Microsoft has announced a partnership with cyber insurance company, At-Bay. At-Bay assesses the cyber-risk of every company it insures and provides insights on how customers can improve their security posture. “An insurance policy is an effective tool to articulate the impact of cybersecurity choices on the financial risk of a company. By offering better pricing…
Tammo Stubbe has joined ElectroNeek as global VP of marketing. Tammo Stubbe has over 20 years of B2B marketing leadership experience in lead demand generation, channel marketing, sales enablement, field marketing, and global product marketing. Before joining ElectroNeek, he worked in companies such as Automation Anywhere, WebEx, and Sage. “It’s a proud moment to see…
Employee wellness platform Nova Benefits has announced the appointment of Ankit Pandey as Head of Customer Success & Operations. Ankit will play a key role in overlooking endorsements, wellness, maintaining a strong relationship with clients and other aspects of Customer Success, as well as improving client CSAT and NPS. Commenting on the appointment Ankit Pandey,…