Ratio bags $411M in equity, credit for flexible subscription payment models

Fintech startup Ratio secured $411 million in equity and debt funding to continue developing what it calls “a new flavor” of buy now, pay later that combines payments, predictive pricing, financing and a quote-to-cash process. Co-founder and CEO Ashish Srimal founded Ratio in 2021 with CTO Maso

Denim, a fintech platform for freight brokers, raises $126M in equity and debt

Denim, the fintech platform for freight and logistics formerly known as Axle Payments, today announced that it raised $126 mlion in a Series B funding round led by Pelion Venture Partners with participation from Crosslink Capital, Anthemis, Trucks VC, FJ Labs, Tribeca Early Stage Partners and Refas

Cybersecurity firm Fortanix secures capital to provide confidential computing services

Companies (and VCs) spend billions of dollars on cybersecurity, but primarily focus on protecting infrastructure or endpoints. That’s not always the right approach in a world where — thanks to the pandemic — data is increasingly distributed across clouds, software-as-a-service app

HICX raises $30M to give companies visibility into their supply chain

HICX, a supplier experience management platform designed to give companies visibility into their supply chain, has raised $30 million in a round of funding led by U.S. private equity firm Wavecrest Growth Partners and Canada’s Espresso Capital. The funding constituted a mixture of $22 millio

Reusable packaging startup Olive creates new model to keep clothes out of landfills

When Olive launched in 2021, it aimed to eliminate waste from online shopping by enabling consumers to order from multiple sites and get products in one reusable package. Today, the company relaunches itself in the business-to-business space to work initially with apparel retailers on establishing

California attorney general accuses Amazon of anti-competitive pricing

California’s attorney general, Rob Bonta, has filed a lawsuit against Amazon for allegedly anti-competitive pricing in violation of the California Unfair Competition Law and the Cartwright Act, California’s primary antitrust law. The complaint, filed in San Francisco Superior Court, acc

Bluesky built cost guardrails to help cut Snowflake data spend

Snowflake has a revenue model that investors have to love, but big customers, not so much. That's because it's based on a consumption model where the more you use, the more you pay — and when it comes to data management these days, that can add up pretty quickly. Bluesky, a new startu

Groundcover lands $20M to help companies monitor app performance

Groundcover, a performance monitoring platform for cloud apps, today announced that it raised $20 million in a Series A round led by Zeev Ventures with participation from Angular Ventures, Heavybit and Jibe Ventures. The new capital brings the startup’s total raised to $24.5 million, which CE

Chameleon raises cash to help SaaS companies build better onboarding experiences

Chameleon, a startup providing low- and no-code tools designed to help software companies personalize the appearance of their apps, today announced that it raised $13 mlion. Part of a Series A funding round led by Matrix Partners with participation from True Ventures, the proceeds — which bri

Nyshex lands a fresh $25M to match shippers with ocean carriers

The New York Shipping Exchange (Nyshex), a platform that connects shippers with ocean carriers, today announced that it raised $25 million in a Series B funding round led by Collate Capital with participation from Blumberg Capital, Goldman Sachs, and NewRoad Capital. The infusion brings the company

Canva moves beyond graphic design to launch a visual worksuite

Canva is further establishing itself as more than just a user-friendly graphic design tool. The Australian company announced at its Canva Create event that it will unveil a suite of new products to round out its product offerings: Canva Docs, Canva Websites, Canva Whiteboards and Data Visualization

Goldsky raises $20M to bring real-time, on-chain data to crypto companies

Despite well-known volatility in the crypto market, crypto startups building infrastructure to support the industry’s long-term growth have seemed to fare better than their peers. This is especially true for data, a universally necessary input for web3 companies, with crypto data firms like M

Enterprise e-commerce in 2022: As TAM expands, the platform wars are heating up

Once every few months, we take a look at the world of enterprise e-commerce platforms to see how things are panning out, and our last assessment was pretty illuminating. Here are some stand-out statistics: 2022 is turning out to be a phenomenal year for enterprise e-commerce platforms. The pandemic

New Hygraph API helps developers federate content from multiple sources

In the early days of content management systems, you had a tool for creating and storing content, typically for a website, and nothing more. Over time, as more output options came along beyond the website, headless content management systems developed to make it easier to generate content for multi