Meritech Capital Partners

ClickUp Raises $400M in Series C Funding, the Biggest Investment in Workplace Productivity History

Retrieved on:

Mercoledì, Ottobre 27, 2021

The Series C funding, co-led by Andreessen Horowitz and Tiger Global, with participation from Lightspeed Venture Partners and Meritech Capital Partners, puts ClickUp at a $4 billion valuation.

Key Points:

The Series C funding, co-led by Andreessen Horowitz and Tiger Global, with participation from Lightspeed Venture Partners and Meritech Capital Partners, puts ClickUp at a $4 billion valuation.
Today's announcement represents the largest Series C funding round to date in the workplace productivity market.
ClickUp, the World's Only All-in-One Productivity Platform, Raises $400M in Series C Funding to Redefine Productivity
"ClickUp's sole purpose has always been to make the world more productive.
ClickUp is one of the fastest-growing SaaS companies in the world thanks to its flexible productivity platform that flexes to the way people want to work.

ClickUp announces $400M in Series C funding and major European expansion

Retrieved on:

Mercoledì, Ottobre 27, 2021

SAN DIEGO, Oct. 27, 2021 /PRNewswire/ -- ClickUp, the world's only all-in-one productivity platform, today announced that the company has raised $400 million USD in Series C funding to reshape how teams work and give businesses a competitive advantage. This new round brings ClickUp's total funding to $535 million USD and puts the company at a $4bn USD post-money valuation.

Key Points:

This new round brings ClickUp's total funding to $535 million USD and puts the company at a $4bn USD post-money valuation.
The new investment will support the creation of 600 European jobs, a regional European headquarters and a new development centre.
"Today's announcement signals the start of our ambitious expansion plans," says Mark Stoddard, Head of International Operations at ClickUp.
The Series C funding, co-led by Andreessen Horowitz and Tiger Global, with participation from Lightspeed Venture Partners and Meritech Capital Partners, represents the largest Series C funding round to date in the workplace productivity market.

Kinetica, Now on Microsoft Azure, Bends the Space-Time Continuum

Retrieved on:

Giovedì, Ottobre 14, 2021

"Vectorization is ideal for IoT use cases where streaming geospatial and time-series data gets fused with other static or steaming data at speed. It historically required exotic hardware and specialized--and scarce--skills, putting it out of reach to all but the largest and most well-funded organizations or government entities," said Nima Negahban, founder and CEO of Kinetica. "With Kinetica's vectorized database now available as-a-service on Microsoft Azure, that has all changed. Any organization can harness the power of Kinetica for IoT initiatives -- and it can be deployed in minutes."

Key Points:

"With Kinetica's vectorized database now available as-a-service on Microsoft Azure, that has all changed.
Kinetica on Microsoft Azure is fully managed by Kinetica, integrated with Microsoft Azure monitoring, and equipped with a modern user interface for ease of use.
A big pharmaceutical company achieved identical performance between an 88-node SQL on Hadoop cluster and a 6-node Kinetica cluster in Microsoft Azure.
Were pleased to offer Kinetica as a fully vectorized database as-a-Service on Microsoft Azure, says Ramnik Gulati, Director Product Marketing Databases at Microsoft.

Pendo Brings Pendomonium Conference Back to Raleigh as a Live, 100% Outdoor Software "Festival"

Retrieved on:

Mercoledì, Ottobre 13, 2021

"We are thrilled to bring the product community back together for a live, outdoor and safe Pendomonium after so many months of virtual events," said Todd Olson, CEO and co-founder of Pendo.

Key Points:

"We are thrilled to bring the product community back together for a live, outdoor and safe Pendomonium after so many months of virtual events," said Todd Olson, CEO and co-founder of Pendo.
"Pendomonium is about building relationships, learning from each other, and getting inspired to build incredible careers that make lasting impressions on our companies.
Significant enhancements within Pendo Engage include:
A more powerful Pendo Feedback: Powered by Pendo Simon, a new feature in Pendo Feedback called Topics allows companies to automatically extract topics and trends from customers' feature requests.
Pendo customers include the world's leading software companies and digital enterprises, including Verizon, RE/MAX, LabCorp, OpenTable, Okta, Salesforce, and Zendesk.

After Raising $100 Million and Hitting Unicorn Status, Sendbird Hires Veteran CRO Sam Zayed to Oversee Expansion Strategy

Retrieved on:

Venerdì, Settembre 17, 2021

Zayed will work closely with Sendbird co-founder and CEO John S. Kim to define and execute Sendbird's vertical and geographic expansion as the unicorn company puts its most recent $100 million funding round to work.

Key Points:

Zayed will work closely with Sendbird co-founder and CEO John S. Kim to define and execute Sendbird's vertical and geographic expansion as the unicorn company puts its most recent $100 million funding round to work.
"The mobile engagement and communication market is in its infancy," said John S. Kim, Sendbird co-founder and CEO.
Zayed comes to Sendbird from Conga, where he served as CRO, leading a global team of 300+ professionals, and will focus on accelerating the company's hypergrowth trajectory.
Zayed will oversee Sendbird's expansion into new industries like Live Streaming and Live Commerce, as well as geographic expansion into new markets, such as Latin America and Japan.

Self Financial Raises $50M in Series E Funding Led by Altos Ventures

Retrieved on:

Giovedì, Settembre 16, 2021

App Store (iOS/iPadOS), Mercury, Meritech Capital Partners, Self, Barclaycard, Growth, H-1B, Mouth, GLOBE, Compliance, Credit card, Bank

Austin, Texas, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Self Financial , a leading fintech company that enables consumers to build credit and savings, today announced a $50 million Series E financing led by Altos Ventures with participation from Meritech Capital and Conductive Ventures .

Key Points:

Austin, Texas, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Self Financial , a leading fintech company that enables consumers to build credit and savings, today announced a $50 million Series E financing led by Altos Ventures with participation from Meritech Capital and Conductive Ventures .
With Selfs flagship Credit Builder Account , customers can build credit and savings without a hard credit inquiry or prior credit history.
We deeply support Selfs mission of helping underserved customers to build credit and savings, bringing them into the American financial mainstream, says Anthony Lee, Managing Director of Altos Ventures.
Self Financial is working to increase economic inclusion and financial resilience through products that enable people to build credit while building savings.

Sendbird Expands on Its Market-leading User-to-User Chat With New Intelligent Bot Conversations

Retrieved on:

Mercoledì, Settembre 15, 2021

SAN MATEO, Calif., Sept. 15, 2021 /PRNewswire-PRWeb/ -- Sendbird , the leading mobile engagement and communication company across in-app chat, voice and video, today announced the release of an FAQ Bot for Sendbird Desk.

Key Points:

SAN MATEO, Calif., Sept. 15, 2021 /PRNewswire-PRWeb/ -- Sendbird , the leading mobile engagement and communication company across in-app chat, voice and video, today announced the release of an FAQ Bot for Sendbird Desk.
"Sendbird worked very closely with us as a customer to develop this FAQ Bot," said Ozgur Gemici of Virgin Mobile.
The intelligent automation of Sendbird's FAQ Bot also makes our agents' lives exponentially easier, and our customers appreciate the immediate response."
Sendbird Desk combines a flexible, feature-rich chat API with an easy-to-use, out-of-box support agent dashboard for monitoring and managing customer support conversations.

Persona Closes $150 Million Round Led by Founders Fund To Scale the World's First Trusted Identity Infrastructure

Retrieved on:

Mercoledì, Settembre 15, 2021

Automation, SAN, Heel, Private law, CEO, BOND, Meritech Capital Partners, Science and technology in Asia, Fortune (magazine), Safety, Founders Fund, HR, Internet, Brex, Trust, DoorDash, Online shopping, Cryptocurrency

This latest round is led by Founders Fund, with participation from Meritech Capital Partners, BOND, and existing investors Index Ventures and Coatue Management.

Key Points:

This latest round is led by Founders Fund, with participation from Meritech Capital Partners, BOND, and existing investors Index Ventures and Coatue Management.
The new capital brings the company's total amount raised to $217.5 million, with a valuation of $1.5 billion.
"Persona is fast becoming the market leader in the identity space," said Napoleon Ta, Partner, Founders Fund.
"We're confident that Rick and Charles will fulfill their vision of delivering the trusted identity layer for the entire internet.

Kinetica Fuses Streaming and Contextual Analysis At Scale

Retrieved on:

Martedì, Settembre 14, 2021

The combination gives organizations the ability to conduct analysis on both streaming and stateful data in real time, providing richer context at speed and scale to power better decision-making.

Key Points:

The combination gives organizations the ability to conduct analysis on both streaming and stateful data in real time, providing richer context at speed and scale to power better decision-making.
Kinetica provides rapid analytics on data at rest, delivering vital context on top of streaming data in Kafka.
As a lockless, distributed database, Kinetica can scale with Kafka infrastructure, providing a seamless analytical experience on data in motion and at rest.
To put Kinetica and Confluent into action, users can try Kinetica for free on Azure Marketplace and simply set up a Confluent Cloud instance as a streaming data source.

Aviatrix Raises $200 Million in Funding Led by TCV, Elevating the Cloud Networking Leader's Valuation to $2 Billion

Retrieved on:

Mercoledì, Settembre 8, 2021

SANTA CLARA, Calif., Sept. 8, 2021 /PRNewswire/ --Aviatrix, the leader in cloud networking and network security, today announced it has raised $200 million in growth funding led by TCV.

Key Points:

SANTA CLARA, Calif., Sept. 8, 2021 /PRNewswire/ --Aviatrix, the leader in cloud networking and network security, today announced it has raised $200 million in growth funding led by TCV.
This Series E funding raises Aviatrix's valuation to $2 billion, which has more than doubled in six months since the previous round.
"The transformation to cloud is being driven by CEOs to deliver business agility," said Steve Mullaney, CEO of Aviatrix.
Combined with the industry's first and only multi-cloud networking certification (ACE), Aviatrix is empowering IT to lead and accelerate the transformation to the cloud.