SaaS startup eShipz has said that it has secured $700K in funding round. The round was co-led by Indian Angel Network (IAN) and Axilor Ventures. Commenting on the announcement, Shashi Tripathi, co-founder, eShipz, stated, “There are hardly any players in the market offering full-stack shipment solutions, which can fit into requirements of small SMBs to…
UK-based automation solutions company Enate recently announced that it has raised $2.8mn in a Series A funding round led by Northern Venture Capital Trust (VCT) Funds. The company said that the investment will allow it to further develop its platform and expand its customer base and distributor network across Europe and Asia. Enate provides a…
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…
SaaS startup Syncari recently announced that it has raised $6.5mn in total seed funding led by SignalFire. With the new capital, the company plans to accelerate its customer acquisition plans. Along with the investment, Ilya Kirnos of SignalFire and Ross Mason of Dig Ventures join the company board. The company had earlier raised pre-seed investment…
San Francisco-based application programme interface (API) development platform Postman recently announced that it has raised $150mn in a Series C funding round. The funding round was led by US-based venture capital fund Insight Partners. Existing investors CRV and Nexus Venture Partners also participated in the round. Postman secured the recent funding at a $2bn valuation,…
M12, Microsoft’s venture fund that empowers B2B entrepreneurs through investments, insight, and unparalleled access to Microsoft, announced that it has set up an office in Bengaluru that will bolster efforts in pursuing investment opportunities, according to an ETtech report. M12 is based in San Francisco, Seattle, London, and Tel Aviv. The local office will pursue…
EmpMonitor, an employee monitoring SaaS platform, recently announced that it is planning to ramp up hirings and will hire about 100 people by the end of the year 2020. EmpMonitor is a global provider of employee monitoring, insider threat prevention, and data loss prevention software solutions. The company said in a statement that the new…
SaaSBOOMi, a community for software as a service (SaaS) companies in India, announced that it has launched an initiative to help startups raise unsecured working capital loans to better weather the economic downturn caused by the Covid-19 pandemic. For this initiative, SaaSBOOMi has partnered with Indifi, an NBFC that supports small businesses, to help entrepreneurs…
Philadelphia-based collaborative knowledge management platform Guru recently announced that it has raised $30mn in Series C funding round. The round was led by Accel with participation from Emergence Capital, Thrive Capital, FirstMark Capital, Slack and Michael Dell’s MSD Capital. According to Crunchbase, the recent fund infusion brings the company’s total raised to nearly $71mn. Earlier…
SaaSWorks, which delivers operational solutions for scaling SaaS businesses, announced that it has raised $5 million investment led by Conversion Venture Capital along with prominent SaaS CEOs, CFOs and executives. “It’s been humbling to see the type of support we’ve had from our initial customers, team and investors,” says Co-Founder Vipul Shah. “Based on what…