ICONIQ

DeepL Announces $300 Million Investment at $2 Billion Valuation Fueled by Global Demand for AI Language Solutions

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水曜日, 5月 22, 2024
Technology, Professional Services, Other Communications, Business, Communications, Security, Other Technology, Software, Artificial Intelligence, Internet, Finance, Translation, ICONIQ, Paramount, Wil, Organization, IVP, Health, Writing, Risk, Investment, Language, GTM, Growth, IBM, Software as a service, Wiz, Engineering, Hallucination, AI, Research, LLM, Communication, Zendesk, Deutsche Bahn, ROI, Sales

DeepL, a leading Language AI company, today announced $300 million of investment at a $2 billion valuation.

Key Points: 
  • DeepL, a leading Language AI company, today announced $300 million of investment at a $2 billion valuation.
  • In response to surging demand from global enterprises, DeepL has accelerated its expansion efforts and strategic investments into key markets over the past year.
  • Within this rapidly evolving landscape, DeepL is leading the way in applying AI to transform the $67.9 billion language industry , which is projected to grow to $95.3 billion by 2028.
  • The company is also doubling down on global market expansion and talent recruitment across multiple areas including AI research, product, engineering, and GTM.

Pepper Secures $30 Million in Series B Funding to Empower Independent Foodservice Distributors

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月曜日, 5月 13, 2024
Supply Chain Management, Online Retail, Technology, Supermarket, Electronic Commerce, Food, Beverage, Convenience Store, Retail, Software, Artificial Intelligence, Food Tech, AI, Growth, ICONIQ, E-commerce, Index Ventures, CRM, Philosophy

Pepper, the most trusted technology partner for the food distribution sector, is thrilled to announce the successful closure of a $30 million Series B funding round.

Key Points: 
  • Pepper, the most trusted technology partner for the food distribution sector, is thrilled to announce the successful closure of a $30 million Series B funding round.
  • In conjunction with the funding, Richa Mehta, Principal at ICONIQ Growth, will be joining Pepper’s board of directors.
  • This round of funding marks a pivotal moment for Pepper as it solidifies its position as the most trusted and transparent technology partner to independent foodservice distributors.
  • Since its last funding round, Pepper has demonstrated remarkable growth, doubling its customer base and rolling out over one hundred new product features.

Altruist Raises $169M Series E to Set a New Standard in Wealth Management

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木曜日, 5月 2, 2024
Software, Technology, Professional Services, Finance, Investment, RIAS, ICONIQ, Growth, RIA, General partnership, Name, Financial adviser

In conjunction with the funding, Yoonkee Sull, General Partner at ICONIQ Growth, will be joining the board of directors.

Key Points: 
  • In conjunction with the funding, Yoonkee Sull, General Partner at ICONIQ Growth, will be joining the board of directors.
  • After growing revenue over 550% in 2023 and tripling assets under management for two consecutive years, Altruist has quickly become the third largest custodian behind Schwab and Fidelity (based on RIAs served).
  • This year, the company was recognized by industry analyst, T3, as the #1 custodian advisors are considering switching to .
  • “Our ability to resolve issues quickly is one of the main reasons RIAs are leaving legacy custodians and coming to Altruist.

FloQast Secures $100 Million in Series E Funding, Achieving $1.6 Billion Valuation

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水曜日, 4月 10, 2024
MSD, Cloud, Wil, CPE, Partnership, Growth, Intelligence, CPA, DACH, Accounting, Ecosystem, Conference, Revenue stream, Snowflake, Meritech Capital Partners, Los, Twilio, Sapphire Ventures, Product innovation, Collection, Research, Automation, General partnership, Organization, SAP, BDT, Financial close management, Zoom, ICONIQ, Workplace, Los Angeles Lakers, Renewable energy

With this latest investment, FloQast achieves a post-money valuation of $1.6 billion, underscoring its position as a leader in the accounting and finance technology sector.

Key Points: 
  • With this latest investment, FloQast achieves a post-money valuation of $1.6 billion, underscoring its position as a leader in the accounting and finance technology sector.
  • "Today’s accounting and finance teams have the opportunity to emerge as drivers of growth and strategic change within their organizations,” said Mike Whitmire, CPA*, CEO and co-founder of FloQast.
  • Logo Growth: FloQast now powers more than 2,600 accounting teams, including Twilio, Los Angeles Lakers, Zoom, and Snowflake, among other notable organizations.
  • Creative Brand Strategy: FloQast unveiled an all-new brand strategy , reflecting the company's commitment to innovation and modernization in the accounting industry.

Writer CEO May Habib Joins World Economic Forum’s Young Global Leaders Class of 2024

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月曜日, 4月 8, 2024
Software, Technology, Artificial Intelligence, Data Management, HR, Organization, Growth, Insight Partners, MELI, Vanguard, Aspen, Politics, Stanford University, ICONIQ, Creativity, Accenture, WEF, Multimedia, Privacy, Marketing, Uber, Aspen Institute, Balderton Capital, Work

Today CEO and co-founder of Writer , the full-stack enterprise generative AI platform, May Habib announced her inclusion in the 2024 World Economic Forum ( WEF ) Young Global Leaders , a prestigious group recognized for their impact in their respective fields on a global scale.

Key Points: 
  • Today CEO and co-founder of Writer , the full-stack enterprise generative AI platform, May Habib announced her inclusion in the 2024 World Economic Forum ( WEF ) Young Global Leaders , a prestigious group recognized for their impact in their respective fields on a global scale.
  • View the full release here: https://www.businesswire.com/news/home/20240408625210/en/
    May Habib, CEO and co-founder of Writer (Photo: Business Wire)
    The Forum of Young Global Leaders is a two decades-long initiative that spotlights the people driving global advancement and change.
  • “I’m humbled to be included in this program, and proud that Writer can be involved in something this impactful,” said Habib.
  • Habib and the Writer team have successfully raised over $126M in funding from notable investors, including ICONIQ Growth, Balderton Capital, and Insight Partners.

Torus Secures $67 Million in Venture Financing to Advance Energy Storage and Energy Management Platform

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水曜日, 4月 3, 2024
Hardware, Alternative Energy, Data Management, Green Technology, Energy, Manufacturing, Technology, Professional Services, Batteries, Environment, Other Manufacturing, Software, Other Energy, Data Analytics, Utilities, Engineering, EV, Temperature, PacifiCorp, Growth, Customer experience, Virtual power plant, Zions Bancorporation, Energy management, Energy storage, ICONIQ, Digital native, CPU, Renewable energy

Torus is a modern global energy solutions company that designs, engineers, and manufactures energy storage and management products for the residential, commercial, and large-scale utility sectors.

Key Points: 
  • Torus is a modern global energy solutions company that designs, engineers, and manufactures energy storage and management products for the residential, commercial, and large-scale utility sectors.
  • This progress marks a major step towards a future where renewable energy storage and management is accessible for all."
  • Energy Management: Torus provides an advanced energy storage and management system designed, engineered, and manufactured in Utah.
  • Torus is a Utah-based energy solutions company, focused on making renewable energy storage and management more efficient, affordable, and sustainable.

Glean Appoints Tamar Yehoshua as President, Product and Technology to Accelerate Delivery of Enterprise AI Platform

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火曜日, 3月 26, 2024
Software, Data Analytics, Artificial Intelligence, Data Management, Professional Services, Technology, Apps, Applications, Security, Microsoft, Organization, Pressure, Documentation, Citigroup, Software as a service, Growth, Data science, RAG, Knowledge, Meta, Research, Blog, Slack, ICONIQ, Lightspeed Venture Partners, Love, Ecosystem, Uber, IVP, Sequoia Capital, Sales

Glean , the AI-powered work assistant making waves among CIOs under pressure to quickly and securely deploy generative AI in the enterprise, announced Tamar Yehoshua as the company’s first President of Product and Technology, effective March 11.

Key Points: 
  • Glean , the AI-powered work assistant making waves among CIOs under pressure to quickly and securely deploy generative AI in the enterprise, announced Tamar Yehoshua as the company’s first President of Product and Technology, effective March 11.
  • She will oversee all of research and development, including global engineering, product, design, and data science, as Glean enters a period of rapid growth.
  • “Glean has seen tremendous growth over the last year as we help more and more companies bring secure, responsible generative AI into their organizations,” said Arvind Jain, co-founder and CEO of Glean.
  • “I loved working in venture capital, but the opportunity to lead product and technology at Glean was too good to pass up,” said Tamar Yehoshua.

NinjaOne® Earns Premier 5-Star Rating in 2024 CRN® Partner Program Guide

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月曜日, 3月 25, 2024
Data Management, Security, Technology, Other Technology, Software, Internet, RMM, Communication, Risk, Education, ICONIQ, CRN, G2, The Channel Company

The annual CRN Partner Program Guide provides essential information to solution providers exploring technology vendor partner programs that offer high value and align with their business needs and goals.

Key Points: 
  • The annual CRN Partner Program Guide provides essential information to solution providers exploring technology vendor partner programs that offer high value and align with their business needs and goals.
  • For the 2024 Partner Program Guide, CRN evaluated vendors based on program requirements and offerings such as partner training and education, pre- and post-sales support, marketing programs and resources, technical support, and communication.
  • Partner success translates to customer success, so continuing to invest in our partner program is a top priority.
  • With CRN’s 2024 Partner Program Guide, solution providers can access deep insights into the unique strengths of each partner program and vendors who demonstrate dedication to their partner community.”
    To learn more about NinjaOne’s partner program visit: https://www.ninjaone.com/partner-program/ .

Pigment announces $145 million series D led by ICONIQ Growth

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木曜日, 4月 4, 2024
Keolis, Venture round, BearingPoint, HR, Organization, Vision, Growth, EVP, Trust, General partnership, SAN, Slalom, Niccolò de' Niccoli, ICONIQ, Investment, KAYAK, Datadog, Corporate development, IVP

ICONIQ Growth who spearheaded Pigment's Series C last year also led the Series D round, with participation from Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks and Felix Capital.

Key Points: 
  • ICONIQ Growth who spearheaded Pigment's Series C last year also led the Series D round, with participation from Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks and Felix Capital.
  • With the majority of the company's revenue now coming from North America, the capital will be used to expand Pigment's in-market support and accelerate product development
    SAN FRANCISCO, April 4, 2024 /PRNewswire/ -- Pigment today announced a $145 million Series D funding round, led by ICONIQ Growth, who also spearheaded Pigment's Series C investment close to a year ago.
  • The funding follows a successful year for Pigment as the company tripled its annual recurring revenue, and doubled its customer base globally.
  • "We are exceptionally confident that Pigment is successfully addressing a clear and very large need in the market," said Matt Jacobson, General Partner, ICONIQ Growth.

Pigment announces $145 million series D led by ICONIQ Growth

Retrieved on: 
木曜日, 4月 4, 2024
Keolis, Venture round, BearingPoint, HR, Organization, Vision, Growth, EVP, Trust, General partnership, SAN, Slalom, Niccolò de' Niccoli, ICONIQ, Investment, KAYAK, Datadog, Corporate development, IVP

ICONIQ Growth who spearheaded Pigment's Series C last year also led the Series D round, with participation from Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks and Felix Capital.

Key Points: 
  • ICONIQ Growth who spearheaded Pigment's Series C last year also led the Series D round, with participation from Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks and Felix Capital.
  • With the majority of the company's revenue now coming from North America, the capital will be used to expand Pigment's in-market support and accelerate product development
    SAN FRANCISCO, April 4, 2024 /PRNewswire/ -- Pigment today announced a $145 million Series D funding round, led by ICONIQ Growth, who also spearheaded Pigment's Series C investment close to a year ago.
  • The funding follows a successful year for Pigment as the company tripled its annual recurring revenue, and doubled its customer base globally.
  • "We are exceptionally confident that Pigment is successfully addressing a clear and very large need in the market," said Matt Jacobson, General Partner, ICONIQ Growth.