Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, said it has raised $270 million in a funding round from investors including Nvidia, Oracle and Salesforce Ventures, according to Reuters report. The announcement confirmed the long-rumored funding for the Toronto-based AI startup, which focuses on building AI models for enterprise customers. Cohere didn’t disclose its…
Tag: Salesforce Ventures
HR tech platform Darwinbox raises $72 mn funding led by Technology Crossover Ventures at $1B+ valuation
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•Darwinbox, Asia’s fastest growing HR tech platform, announced it has raised $72MN funding round led by Technology Crossover Ventures (TCV) along with participation from existing investors Salesforce Ventures, Sequoia India, Lightspeed India, Endiya Partners, 3One4Capital, JGDEV and SCB 10X. The company’s valuation post this round will cross the $1B mark and takes the total investment…
yellow.ai raises $78.15M to deliver total customer experience automation
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•yellow.ai, a customer experience (CX) automation platform, has announced that it has raised $78.15M in Series C, led by WestBridge Capital along with Sapphire Ventures, and Salesforce Ventures. Lightspeed Venture Partners again participated in this round, which brings total funding raised so far to $102.15M. Raghu Ravinutala, CEO and Co-Founder of yellow.ai said, “yellow.ai has broken out of the crowded virtual-assistant…
Bringg Raises $100M Series E Round
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•Bringg, a delivery and fulfillment cloud platform provider, has announced that the company has closed a $100 million Series E investment led by Insight Partners with participation from seven existing investors, including Cambridge Capital, GLP, Harlap, Next 47, Pereg Ventures, Salesforce Ventures, and Viola Growth. The funding will be used to meet the global customer…
Hyderabad-based HR tech platform Darwinbox raises $15 mn in funding, plans to hire 200 people
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•Darwinbox, one of Asia’s leading enterprise HR technology platforms, has announced the closing of a $15 million funding round led by Salesforce Ventures. Most recently, the HR tech startup raised a Series B round in September 2019 led by Sequoia Capital India with participation from existing investors Lightspeed India, Endiya Partners and 3one4 Capital, bringing…
Zoomin raises $21 mn funding led by Bessemer Venture Partners, Salesforce Ventures and Viola Growth
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•Zoomin Software, a New York and Tel Aviv-based company that provides knowledge orchestration solutions, announced that it has raised $21 million led by investors Bessemer Venture Partners, Salesforce Ventures and Viola Growth. The funding will be utilised to scale operations throughout the US and EMEA to meet the rising market demand for its solutions, with…
Qualified raises $12 mn Series A funding led by Norwest Venture Partners
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•Qualified, the conversational marketing platform for companies that use Salesforce, announced a $12 million Series A funding round led by Norwest Venture Partners with additional participation from existing investors including Redpoint Ventures and Salesforce Ventures. The investment, which brings the company’s total funding to $17 million, will be used to meet the growing demand for…
US-based Auth0 raises $120mn in series F funding round
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•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,…
Outreach raises $50 mn funding led by Sands Capital, appoints new CFO
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•Outreach, a US-based sales engagement platform that accelerates revenue growth by optimizing interactions throughout the customer lifecycle, announced that it has closed a $50 million funding round led by Sands Capital with participation from Salesforce Ventures. New investor Operator Collective will be joining existing investors which include Lone Pine Capital, Spark Capital, Meritech Capital Partners,…