Fundings & Exits – Page 5 – WindowsTechs.com

Developer-focused video platform Mux achieves unicorn status with $105M funding

Posted on April 30, 2021 by Anthony Ha

Barely more than eight months after announcing a $37 million funding round, Mux has another $105 million. The Series D was led by Coatue and values the company at more than $1 billion (Mux isn’t disclosing the specific valuation). Existing investors Accel, Andreessen Horowitz and Cobalt also participated, as did new investor Dragoneer. Co-founder and […] Continue reading Developer-focused video platform Mux achieves unicorn status with $105M funding→

IBM is acquiring cloud app and network management firm Turbonomic for up to $2B

Posted on April 29, 2021 by Ingrid Lunden

IBM today made another acquisition to deepen its reach into providing enterprises with AI-based services to manage their networks and workloads. It announced that it is acquiring Turbonomic, a company that provides tools to manage application performance (specifically resource management), along with Kubernetes and network performance — part of its bigger strategy to bring more […] Continue reading IBM is acquiring cloud app and network management firm Turbonomic for up to $2B→

MessageBird acquires SparkPost for $600M using $800M Series C extension

Posted on April 28, 2021 by Ron Miller

MessageBird, a communications platform out of the Netherlands, had a busy day today with two huge announcements. For starters, the company got an $800 million extension on its $200 million Series C round announced last October. It then applied $600 million of the extension to buy email marketing platform SparkPost. The company’s C round now totals […] Continue reading MessageBird acquires SparkPost for $600M using $800M Series C extension→

What can the OKR software sector tell us about startup growth more generally?

Posted on April 27, 2021 by Anna Heim

In the never-ending stream of funding rounds, from time to time, a group of startups working on the same problem will raise money nearly in unison. So it was with OKR software last year. Continue reading What can the OKR software sector tell us about startup growth more generally?→

Vista Equity takes minority stake in Canada’s Vena with $242M investment

Posted on April 27, 2021 by Mary Ann Azevedo

Vena, a Canadian company focused on the Corporate Performance Management (CPM) software space, has raised $242 million in Series C funding from Vista Equity Partners. As part of the financing, Vista Equity is taking a minority stake in the company. The round follows $25 million in financing from CIBC Innovation Banking last September, and brings […] Continue reading Vista Equity takes minority stake in Canada’s Vena with $242M investment→

As UiPath closes above its final private valuation, CFO Ashim Gupta discusses his company’s path to market

Posted on April 21, 2021 by Alex Wilhelm

TechCrunch spoke with UiPath CFO Ashim Gupta today to learn more about his company’s foray into the public markets. Continue reading As UiPath closes above its final private valuation, CFO Ashim Gupta discusses his company’s path to market→

IBM acquires Italy’s MyInvenio to integrate process mining directly into its suite of automation tools

Posted on April 15, 2021 by Ingrid Lunden

Automation has become a big theme in enterprise IT, with organizations using RPA, no-code and low-code tools, and other technology to speed up work and bring more insights and analytics into how they do things every day, and today IBM is announcing an acquisition as it hopes to take on a bigger role in providing […] Continue reading IBM acquires Italy’s MyInvenio to integrate process mining directly into its suite of automation tools→

Quiq acquires Snaps to create a combined customer messaging platform

Posted on April 8, 2021 by Anthony Ha

At first glance, Quiq and Snaps might sound like similar startups — they both help businesses talk to their customers via text messaging and other messaging apps. But Snaps CEO Christian Brucculeri said “there’s almost no overlap in what we do” and that the companies are “almost complete complements.” That’s why Quiq (based in Bozeman, Montana) […] Continue reading Quiq acquires Snaps to create a combined customer messaging platform→

MessageBird acquires 24sessions to bring video to its ‘omnichannel’ platform

Posted on March 30, 2021 by Steve O'Hear

MessageBird, the omnichannel cloud communications platform recently valued at $3 billion, is continuing to ramp up its M&A activity. Following last year’s acquisition of Pusher, a company that provides real-time web technologies, it is announcing that it has acquired “video-first” customer engagement platform 24sessions, and customer data platform Hull. Terms of the two new deals […] Continue reading MessageBird acquires 24sessions to bring video to its ‘omnichannel’ platform→

UIPath’s meteoric rise from unknown startup to $35B RPA juggernaut

Posted on March 26, 2021 by Ron Miller

When TechCrunch covered UIPath’s Series A in 2017, it was a small startup out of Romania working in a little known area of enterprise software called robotic process automation (RPA). Then the company took off with increasingly large multibillion dollar valuations. It progressed through its investment rounds, culminating with a $750 million round on an […] Continue reading UIPath’s meteoric rise from unknown startup to $35B RPA juggernaut→