YL Ventures sells its stake in cybersecurity unicorn Axonius for $270M

YL Ventures, the Israel-focused cybersecurity seed fund, today announced that it has sold its stake cybersecurity asset management startup Axonius, which only a week ago announced a $100 million Series D funding round that now values it at around $1.2 billion. ICONIQ Growth, Alkeon Capital Management, DTCP and Harmony Partners acquired YL Venture’s stake for $270 […] Continue reading YL Ventures sells its stake in cybersecurity unicorn Axonius for $270M

Moveworks snags $75M Series B to resolve help desk tickets with AI

Moveworks, a startup using AI to help resolve Help Desk tickets in an automated fashion, announced a $75 million Series B investment today. The round was led by Iconiq Capital, Kleiner Perkins and Sapphire Ventures. Existing investors Lightspeed Venture Partners, Bain Capital Ventures, and Comerica Bank also participated. The round also included a personal investment […] Continue reading Moveworks snags $75M Series B to resolve help desk tickets with AI

GitLab raises $100M

GitLab, the developer service that aims to offer a full lifecycle DevOps platform, today announced that it has raised a $100 million Series D funding round at a valuation of $1.1 billion. The round was led by Iconiq. As GitLab CEO Sid Sijbrandij told me, this round, which brings the company’s total funding to $145.5 million, will […] Continue reading GitLab raises $100M