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SingleStore raises $80M in Series F to innovate and expand its footprint and team to offer customers more resources and a better choice. The company revealed a 150 percent increase in cloud revenue and a 300 percent growth in customer acquisitions for its cloud service.
Zeotap, a SaaS customer intelligence platform, announced a second extension of $11 million to its Series C funding, where it received $18.5 million from SignalFire in the first extension last year. The new extension involved the backing of Liberty Global Ventures.
myCOI raised $5M in debt financing from SaaS Capital, a provider of growth debt for B2B SaaS companies. The proceeds would be used to continue innovation, improve customer experience and hire primarily for sales, marketing, product and development departments.
ThinkIQ, a digital manufacturing transformation SaaS, has announced the launch of the Alliance Partner Program to assist customers in getting the most out of their strategic technology investments with the firm.
PolyAI, a conversational AI company, raised $14 million in a Series B funding round led by Khosla Ventures. PolyAI, according to the company, creates and installs voice assistants for customer service automation that sound like actual people.
TrueFort, a company that safeguards zero-trust apps, has secured $30 million in a Series B investment led by Shasta Ventures. The funds will be used to improve company-wide recruiting, go-to-market operations, and a variety of R&D projects.
Duda, a professional web development platform for SaaS enterprises and digital agencies, has acquired Snipcart. Duda intends to put a lot of money into expanding the team and improving the basic Snipcart platform’s capabilities and features.
To further its vision for hybrid work environments, Google announced a series of innovations in the Google Workspace to help employees collaborate equally regardless of location, device preferences, role or language, a press release from Google said. The updates on the G Suite include a rollout of Spaces in the Google Chat for all users, in addition to new meeting enhancements and conferencing hardware for organizations to bridge the gap while navigating hybrid work environments.
Sumo Logic, a log management and analytics provider, and IBM announced the availability of Sumo Logic’s continuous intelligence platform on the open cloud Red Hat Marketplace to help companies running on the Red Hat OpenShift platform achieve insights into their cloud and hybrid infrastructure.
