Category Archives: Vision Fund

Sendoso nabs $100M as its corporate gifting platform passes 20,000 customers

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Corporate gift services have come into their own during the Covid-19 pandemic by standing in as a proxy for other kinds of relationship building activities — office meetings, lunches, and hosting at events — that have traditionally been part and parcel of how people do business, but were no longer feasible during lockdowns, social distancing […] Continue reading Sendoso nabs $100M as its corporate gifting platform passes 20,000 customers→

OneConnect’s drastic IPO value cut underscores the risk of high-growth, high-burn companies

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OneConnect’s US-listed IPO flew under our radar last week, which won’t do. The company’s public offering is both interesting and important, so let’s take a few minutes this morning to understand what we missed and why we care. The now-public company sells financial technology that banks in China and select foreign countries can use to […] Continue reading OneConnect’s drastic IPO value cut underscores the risk of high-growth, high-burn companies→

Kabbage secures $200M to fuel its AI-based loans platform for small businesses

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Kabbage, the AI-based small business loans platform backed by Softbank and others, is adding more firepower to its lending machine: the Atlanta-based startup has secured an additional $200 million in the form of a revolving credit facility from an unnamed subsidiary of a large life insurance company, managed and administered by 20 Gates Management, and […] Continue reading Kabbage secures $200M to fuel its AI-based loans platform for small businesses→

SoftBank Vision Fund leads $250M Series D for Cohesity’s hyperconverged data platform

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San Jose-based Cohesity has closed an oversubscribed $250M Series D funding round led by SoftBank’s Vision Fund, bringing its total raised to date to $410M. The enterprise software company offers a hyperconverged data platform for storing and managing all the secondary data created outside of production apps. In a press release today it notes this […] Continue reading SoftBank Vision Fund leads $250M Series D for Cohesity’s hyperconverged data platform→