Category Archives: Fundings & Exits

Fivetran hauls in $565M on $5.6B valuation, acquires competitor HVR for $700M

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Fivetran, the data connectivity startup, had a big day today. For starters it announced a $565 million investment on a $5.6 billion valuation, but it didn’t stop there. It also announced its second acquisition this year, snagging HVR, a data integration competitor that had raised more than $50 million, for $700 million in cash and […] Continue reading Fivetran hauls in $565M on $5.6B valuation, acquires competitor HVR for $700M→

Skello raises $47.3 million for its employee scheduling tool

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French startup Skello has raised a $47.3 million funding round (€40 million). The company has been working on a software-as-a-service tool that lets you manage the work schedule of your company. What makes it special is that Skello automatically takes into account local labor laws and collective agreements. Partech is leading today’s funding round. Existing […] Continue reading Skello raises $47.3 million for its employee scheduling tool→

Ledgy is an equity management tool for European startups

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Every startup founder faces the same issue — how do you manage your cap table and equity plans in a transparent and lightweight manner? If you’re based in the U.S., chances are you’re using an equity management solution like Carta. But if you’re not based in the U.S., you don’t have a ton of options. […] Continue reading Ledgy is an equity management tool for European startups→

Extra Crunch roundup: Toast and Freshbook S-1s, pre-pitch tips, flexible funding lessons

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The digital transformation currently sweeping society has likely reached your favorite local restaurant. Since 2013, Boston-based Toast has offered bars and eateries a software platform that lets them manage orders, payments and deliveries. Over the last year, its customers have processed more than $38 billion in gross payment volume, so Alex Wilhelm analyzed the company’s […] Continue reading Extra Crunch roundup: Toast and Freshbook S-1s, pre-pitch tips, flexible funding lessons→

Databricks raises $1.6B at $38B valuation as it blasts past $600M ARR

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The company views its market as a new technology category. Databricks calls the technology a data “lakehouse,” a mashup of data lake and data warehouse. Continue reading Databricks raises $1.6B at $38B valuation as it blasts past $600M ARR→

‘No code’ process automation platform, Leapwork, fires up with $62M Series B

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Copenhagen-based process automation platform Leapwork has snagged Denmark’s largest ever Series B funding round, announcing a $62 million raise co-led by KKR and Salesforce Ventures, with existing investors DN Capital and Headline also participating. Also today it’s disclosing that its post-money valuation now stands at $312M.  The ‘no code’ 2015-founded startup last raised back in […] Continue reading ‘No code’ process automation platform, Leapwork, fires up with $62M Series B→

Ramp and Brex draw diverging market plans with M&A strategies

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From a high level, all of the recent deal-making in corporate cards and spend management shows that it’s not enough to just help companies track what employees are expensing these days. Continue reading Ramp and Brex draw diverging market plans with M&A strategies→

Cisco beefing up app monitoring portfolio with acquisition of Epsagon for $500M

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Cisco announced on Friday that it’s acquiring Israeli applications monitoring startup Epsagon at a price pegged at $500 million. The purchase gives Cisco a more modern microservices-focused component for its growing applications monitoring portfolio. The Israeli business publication Globes reported it had gotten confirmation from Cisco that the deal was for $500 million, but Cisco would […] Continue reading Cisco beefing up app monitoring portfolio with acquisition of Epsagon for $500M→

Marvell nabs Innovium for $1.1B as it delves deeper into cloud ethernet switches

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Marvell announced this morning it intends to acquire Innovium for $1.1 billion in an all-stock deal. The startup, which raised over $400 million according to Crunchbase data, makes networking ethernet switches optimized for the cloud. Marvell president and CEO Matt Murphy sees Innovium as a complementary piece to the $10 billion Inphi acquisition last year, […] Continue reading Marvell nabs Innovium for $1.1B as it delves deeper into cloud ethernet switches→

Salesforce steps into RPA buying Servicetrace and teaming it with Mulesoft

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Over the last couple of years, Robotic Process Automation or RPA has been red hot with tons of investor activity and M&A from companies like SAP, IBM and ServiceNow. UIPath had a major IPO in April and has a market cap over $30 billion. I wondered when Salesforce would get involved and today the company […] Continue reading Salesforce steps into RPA buying Servicetrace and teaming it with Mulesoft→