SAP SE announced the next step in its commitment to deliver Business AI that’s relevant, reliable and responsible, making strategic investments in three leading generative AI companies. The investments in Aleph Alpha GmbH, Anthropic PBC and Cohere reinforce SAP’s open ecosystem approach to AI, leveraging the best technology to embed AI across the SAP portfolio. They…
Upskilling platform Degreed has raised $153 million in Series D funding. The investment, which was co-led by Sapphire Ventures and Riverwood Capital, values the company at $1.4 billion. The funding will be used to accelerate product development, enhance data infrastructure, fuel global expansion, and pursue strategic acquisitions. Dan Levin, former COO of Box, will succeed…
6sense, an account engagement platform, has raised $125 million in Series D funding at a $2.1 billion valuation. D1 Capital Partners led the round with participation from Sapphire Ventures and Tiger Global. Existing investor Insight Partners also participated. “This latest round of investment follows 6sense’s third straight year of 100%+ revenue growth while leading the…
Dremio, the innovation leader in data lake transformation, today announced it has raised $135 million in Series D funding, bringing the company’s valuation to $1 billion. The round was led by Sapphire Ventures with participation from existing Dremio investors: Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures, and Cisco Investments. Earlier in March…
Punchh, the leader in customer marketing solutions for physical retailers, has raised $40 million in a Series C funding round led by Adams Street Partners and Sapphire Ventures, with AllianceBernstein also participating in the round. The company was founded by Shyam Rao in 2010. The new funding will be used to further augment Punchh’s AI…