Compt nabs $13M to make employee perks more personal
With white-collar workers settling into hybrid work arrangements — a legacy of the pandemic — companies are rethinking how they deliver corporate perks like transportation, cafeterias and gyms (much to the chagrin of some). As the concept of “the office” evolves, employers a
DoControl raises $30M for no-code security tools for cloud app log-ins
Cloud security is one of the big drivers among enterprises making IT investments this year, according to a recent report from Gartner, which estimated that some $4.4 trillion in IT spend overall in 2022. Today, a startup called DoControl, which is building what it describes “no code” so
BlueOcean raises $30M for its AI-based brand intelligence platform
"speakable-summary" dir="ltr">The medium is the message more than ever these days, and brands are faced with a challenge — but also opportunity — to capture what consumers think about them and their products if they can harness and better understand those messages, via whichever medium i
Google Cloud survey finds most execs support sustainability efforts, but few follow the data
The scary headlines scream from publications about extreme weather, droughts, fires, lack of clean water and an increasingly tight timeline to do something about it. A new survey by Google Cloud that was conducted by The Harris Poll found that a vast majority of executives see sustainability as a k
Expense management provider Emburse goes head-to-head with Brex and Ramp
With 12 million users and nearly $200 million in annual recurring revenue, expense software provider Emburse has built much of its business in the enterprise.
Historically, it has competed with legacy players like Concur and Expensify and ERP players.
But now Emburse is making a big
Zoom launches AI-powered features aimed at sales teams
Today during its second Work Transformation Summit this week, Zoom announced Zoom IQ for Sales, a product that uses AI to analyze sales meetings and deals to provide insights. It’s the company’s first explicit foray into sales automation software, a market that — according to Veri
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Product analytics startup Kubit lands $18M in fresh capital
Showing that the product analytics industry is alive and well, Kubit today announced that it raised $18 million in a Series A funding round led by Insight Partners, bringing its total capital raised to $24 million. Kubit says that it’ll put the fresh cash toward growing its team and expanding
PassiveLogic, which creates digital twins of building systems, raises $15M
PassiveLogic, a startup developing a platform to autonomously control building systems, today announced that it raised $15 million from Brookfield Growth, the investment arm of asset management firm Brookfield. CEO Troy Harvey says that the new capital will be put toward growing PassiveLogic’
Choco gets its horn amid mission to remove food waste from supply chain
Choco, a company aimed at building a more sustainable food system for restaurants and suppliers, brought in another big raise — this time $111 million in what it’s calling a Series B2 round — to boost its valuation to $1.2 billion.
The new investment, an internal round led by G Squared al
Kaseya acquiring disaster recovery service Datto for $6.2B with help from consortium of investors
Datto, the disaster recovery service, has had an interesting history. It raised a cool $100 million as a startup, including a $75 million investment in 2015, a significant round for that period. Vista Equity purchased the startup in 2017, but that wasn’t the end of its story, not by a long sh
Thoma Bravo to take identity security company SailPoint private for $6.9B
Another day, another big private equity acquisition. It’s widely known that private equity firms are awash in cash these days and looking to direct it into acquisitions. Last month, Thoma Bravo acquired Anaplan for almost $11 billion. Today, it announced its intention to buy identity security
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TC Sessions: Mobility is back… in person! technewss Editorial is on the hunt for six early stage startups to feature in a pitch-off on the Main Stage. On May 18-20, the industry’s brightest entrepreneurs will take the stage in front of a live audience and a panel of industry experts, p
VCs, unicorn founders back Truora, a startup that helps LatAm businesses onboard users via WhatsApp
Truora, a Colombian user authentication startup, has raised $15 million in Series A funding co-led by two Silicon Valley-based venture firms.
Propel Venture Partners and Accel led the investment for Truora, which valued the company at $75 million post-money.
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