Freshworks disclosed on Monday that it is aiming for a valuation of up to $9 billion in its US initial public offering in which it is hoping to raise over $800 million. The California-based firm, which started its journey in India and rivals Salesforce, said it plans to sell 28.5 million shares at a price […]
Commercetools raises $140M at a $1.9B valuation as ‘headless’ commerce continues to boom
E-commerce these days is now a major part of every retailer’s strategy, so technology builders and platforms that are helping them compete better on digital screens are seeing a huge boost in business. In the latest turn, Commercetools — a provider of e-commerce APIs that larger retailers can use to build customized payment, check-out, social […]
Amagi tunes into $100M for cloud-based video content creation, monetization
Amagi provides cloud broadcast and targeted advertising software so that customers can create content that can be created and monetized to be distributed via broadcast TV and streaming TV platforms.
Fin names former Twilio exec Evan Cummack as CEO, raises $20M
Fin’s software captures employee workflow data from across applications and turns it into productivity insights to improve the way enterprise teams work and remain engaged.
Accel leads $18M Series A for Knoetic, a startup that wants to make HR professionals’ lives easier with software
Knoetic, a startup that has built a software analytics platform for chief people officers, emerged from stealth today with $18 million in Series A funding. For the unacquainted, chief people officers are also known as heads of human resources, or HR. Accel led the financing, which notably also included participation from over 100 angel investors, […]
Why global investors are flocking to back Latin American startups
The Latin America startup ecosystem is having a great year, with mega-rounds being announced at breakneck speed and new unicorns minted almost monthly. This is mostly due to the clearly maturing startup scene in the region, with proven successes such as Nubank, Cornershop, Gympass and Loggi helping to bolster LatAm’s credibility. Interestingly, many of the […]
Accel doubles down on 1Password, which just raised $100M more at a $2B valuation
The previously bootstrapped 1Password raised its first round of external capital in 2019, a $200 million Series A led by Accel that represented the VC firm’s largest single investment in its 35 years.
Blameless raises $30M to guide companies through their software lifecycle
Blameless’ platform provides the context, guardrails and automated workflows so engineering teams are unified in the way they communicate and interact while building their software systems.
Amazon-backed Indian D2C beauty brand MyGlamm raises $71 million
MyGlamm, a direct-to-consumer beauty brand in India that sells most of its products through its own website, app and retail touch points, said on Monday it has raised $71.3 million in a financing round as the Mumbai-headquartered firm looks to scale its business across the South Asian market. The startup had raised $23.5 million in […]
Mint’s first PM raises millions for Monarch, an Accel-backed money management platform
Monarch, a subscription-based platform that aims to help consumers “plan and manage” their financial lives, has raised $4.8 million in seed funding. Accel led the round, which also included participation from SignalFire, and brings the Mountain View-based yet fully distributed startup’s total funding since its 2019 inception to $5.5 million. Co-founder and CEO Val Agostino […]