Bain Capital Ventures

ShiftLeft CORE “Velocity Update” Streamlines Triage, Automates Build Security Controls

Retrieved on: 
Tuesday, February 1, 2022
Data Management, Security, Technology, Other Technology, Software, Networks, Internet, Risk, Automation, Organization, Application security, Telemetry, API, Intelligence, GA, Efficiency, Triage, OSS, Â, Language, Application, Interface, Bain Capital Ventures, NG, SCA, Mobile phone, Video game console, Risk management

The new features empower developers and AppSec teams to streamline the triage process and automate security controls.

Key Points: 
  • The new features empower developers and AppSec teams to streamline the triage process and automate security controls.
  • Taken together, the Velocity Update features can dramatically improve the speed of remediation and enable developers and application security teams to scan more frequently while maintaining the same levels of efficiency and accuracy.
  • The 'Velocity Update' to ShiftLeft CORE helps them easily browse and triage high volumes of attackable dataflows and intelligently automate build decisions based on attackability exposure in each pull request.
  • The Velocity Update continues ShiftLefts evolution towards making application security faster while making developers lives easier.

AbacusNext Appoints Keri Gohman as Chief Executive Officer

Retrieved on: 
Monday, January 31, 2022
Growth, Leadership, Passport, SAN, Thomas H. Lee Partners, THL, Small business, Fusion Global Business Solutions, General Electric, Software as a service, Technology, APX, Board, Partnership, Capital One, Practice management, Pleo, Xero, GLOBE, Acquisition, Bain Capital Ventures, HotDocs, Director, Solution, Software, Bank, Management, Intuit, Health care, Bain Capital, Homebase

SAN DIEGO, Jan. 31, 2022 (GLOBE NEWSWIRE) -- AbacusNext, a leading provider of cloud-based software and digital payments solutions for legal and accounting professionals, today announced the appointment of Keri Gohman as chief executive officer and member of the Board of Directors, effective February 1, 2022.

Key Points: 
  • SAN DIEGO, Jan. 31, 2022 (GLOBE NEWSWIRE) -- AbacusNext, a leading provider of cloud-based software and digital payments solutions for legal and accounting professionals, today announced the appointment of Keri Gohman as chief executive officer and member of the Board of Directors, effective February 1, 2022.
  • Gohman joins AbacusNext from Bain Capital Ventures (BCV), where she was a partner focused on the firms fintech and B2B SaaS software portfolios.
  • Prior to Bain Capital, Gohman was president and chief platform business officer at Xero, a fast-growth SaaS accounting solution for small businesses.
  • I am honored to be appointed chief executive officer of AbacusNext, and I appreciate the confidence that the Board has placed in me," said Gohman.

Vesta Raises $30 Million Series A, Led by Andreessen Horowitz, to Build the Next-Generation Mortgage Infrastructure

Retrieved on: 
Thursday, January 27, 2022
Software, Construction & Property, Finance, Banking, Data Management, Professional Services, Technology, Residential Building & Real Estate, Index Ventures, Adoption, Brex, Software as a service, Blend, Mortgage Bankers Association, Automation, Andreessen Horowitz, Uber, Technology, CA, Bain Capital Ventures, LOS, Industry, Wells Fargo, Engineering, Conversational Capital, Software, MBA, Fannie Mae, CEO, General partnership, Bank, Real estate, Vesta

Vesta , a mortgage loan origination system software-as-a-service (SaaS) company, today announced a $30 million Series A investment led by Andreessen Horowitz with participation from new investor Zigg Capital .

Key Points: 
  • Vesta , a mortgage loan origination system software-as-a-service (SaaS) company, today announced a $30 million Series A investment led by Andreessen Horowitz with participation from new investor Zigg Capital .
  • Vesta is building the infrastructure that will power the next generation of financial services, starting with the backbone of the mortgage industry, the loan origination system.
  • Vesta is a provider of a SaaS platform for mortgage loan origination software, connecting banks, credit unions, mortgage bankers and brokers.
  • Investors backing Vesta include: Andreessen Horowitz, Bain Capital Ventures, Conversion Capital, Index Ventures and Zigg Capital.

Socure and Public.com Win the 2022 Best in Future of Trust Award from IDC with the Use Case of Solving for Identity Verification: Balancing Fraud Risk, Customer Friction & Compliance

Retrieved on: 
Wednesday, January 26, 2022
Software, Internet, Finance, Banking, Data Management, Professional Services, Technology, Security, Cloud, Tiger Global Management, FB MSBS Grot, Abdallah ibn Al-Aftas, American, Payment for order flow, SIPC, Health, Financial technology, Education, Industry, Voyager, Address, Synchrony, T. Rowe Price, Sorenson, Ownership, Trust, Goldman Sachs, Organization, Intelligence, Web data services, IP, Citibank, Accel, Scale Venture Partners, PFOF, DraftKings, FINRA, Technology, Deloitte, IDC, ETF, Forbes, Internet, Compliance, Bain Capital Ventures, CEO, Payment, Cryptocurrency, Chime, Public.com, Socure, PUBLIC.COM, SOCURE

In doing so the company has made financial investments more accessible through technology for its customers."

Key Points: 
  • In doing so the company has made financial investments more accessible through technology for its customers."
  • Our results with Public.com are indicative of what we see across our entire customer base, said Johnny Ayers, founder and CEO of Socure.
  • Enterprises of all sizes rely on Socure not just for identity verification, compliance, and fraud protection, but most importantly for growing their business.
  • Founder and CEO Johnny Ayers has also been recognized by Goldman Sachs as one of the 100 Most Intriguing Entrepreneurs of 2021 .

2021 Fourth Quarter Spending Growth Reflects Impact of Pandemic on 2020, According to Skai™ Analysis

Retrieved on: 
Thursday, January 27, 2022
River's Edge Arts Alliance, USD, Acquisition, Procter & Gamble, Privacy, Industry, Research, Marketing, PepsiCo, Population, Instacart, Sequoia Capital, Yahoo!, Multimedia, Intelligence, Growth, SAN, Commerce, Walmart, Instagram, Digital, Pinterest, Marketing research, Baidu, Face, Analysis, Verizon Media, Skai, Advertising, Bain Capital Ventures, Microsoft, Online shopping, Google, Amazon, Facebook, Mars

Overall, spending growth reflects just how out of the ordinary things were in Q4 of 2020, at the height of pandemic-fueled disruption of the online advertising industry.

Key Points: 
  • Overall, spending growth reflects just how out of the ordinary things were in Q4 of 2020, at the height of pandemic-fueled disruption of the online advertising industry.
  • Paid search spending grew 19%, emphasizing its vital role in directing traffic to an expanding universe of online retailers.
  • With Q4 of 2020 representing a peak in the impact of the pandemic on digital advertising and online shopping in particular, spending increases over those numbers were more modest.
  • Skai is an intelligent marketing platform that powers brand insights, decisions and digital marketing execution for faster, more predictable business growth.

Archive Secures $8 Million in New Financing to Power the Next Generation of Resale

Retrieved on: 
Tuesday, January 25, 2022
Technology, SAN, UX, Oscar de la Renta, FirstMark Capital, Growth, CEO, Solution, Saks Fifth Avenue, The North Face, Used good, CRM, Second, Economics, Ownership, Industry, Lightspeed Venture Partners, Bain Capital Ventures, Empathy, Engineering, Partnership, Investment, Acquisition, Retail, Encore, Archive

Co-founded by Emily Gittins and Ryan Rowe, Archive offers a complete "operating system" for brands to power their own resale experience in a resource and capital-light way.

Key Points: 
  • Co-founded by Emily Gittins and Ryan Rowe, Archive offers a complete "operating system" for brands to power their own resale experience in a resource and capital-light way.
  • The round is co-led by Lightspeed Venture Partners and Bain Capital Ventures and brings Archive's total funding to nearly $10 million.
  • The financing follows initial investments from FirstMark, Bain Capital Ventures, and the founders of Warby Parker, Allbirds and Harry's.
  • Archive currently powers resale programs for leading fashion brands including M.M.LaFleur, Filippa K., Dagne Dover, The North Face, and Oscar de la Renta.

soona Raises $35M Series B to expand its virtual content creation platform for e-commerce

Retrieved on: 
Monday, January 24, 2022
Online, SurveyMonkey, SendGrid, Technology, Health, LinkedIn, Union Square Ventures, Love, Sill, Jet.com, BCV, Growth, CEO, Redis Labs, Shopify, Solution, Attention economy, Creativity, PETS, Time, Science and technology in Asia, Digital Currency Group, Internet, Beauty, SNOW, Marketing, Software as a service, Bain Capital Ventures, Commerce, Sale, DocuSign, Cosmetics, Twitter, Rent the Runway, Acquisition, Cryptocurrency, Online shopping, Snow

DENVER, Jan. 24, 2022 /PRNewswire-PRWeb/ -- Today, soona , the world's first virtual content creation platform for e-commerce, announced it has raised $35M in Series B funding led by Bain Capital Ventures.

Key Points: 
  • DENVER, Jan. 24, 2022 /PRNewswire-PRWeb/ -- Today, soona , the world's first virtual content creation platform for e-commerce, announced it has raised $35M in Series B funding led by Bain Capital Ventures.
  • soona's platform helps businesses meet the growing demand for quality e-commerce visuals by upending the traditional content creation model.
  • soona delivers high-quality creative, a quick 24-hour turnaround time, and transparent pricing all within one collaborative and intuitive online platform.
  • "This financing will allow soona to continue to be the global innovator in online content creation," said Hayley Anderson, co-founder and Chief Product Officer of soona.

Clari Raises $225 Million to Deliver Unmatched Performance and Predictable Growth for Every Business

Retrieved on: 
Wednesday, January 19, 2022
Venture Capital, Software, Finance, Consulting, Banking, Data Management, Professional Services, Technology, Northgate Capital, LinkedIn, Adobe, Wall Street, EMEA, Growth, CEO, Sequoia Capital, HashiCorp, Sapphire Ventures, CRM, Marketing, Main Street, Maverick Capital, Zoom, Blackstone, Bain Capital Ventures, Efficiency, Multimedia, UiPath, WalkMe, Madrona Venture Group, BXG, ChargePoint, Capital Group Companies, Acquisition, Security (finance), Video game, Okta, Finastra, Clari, Confluence

More than 450 companies around the world use Clari to deliver unmatched revenue performance by transforming their revenue operations to be more connected, efficient, and predictable.

Key Points: 
  • More than 450 companies around the world use Clari to deliver unmatched revenue performance by transforming their revenue operations to be more connected, efficient, and predictable.
  • The best-run companies know that revenue is a process, not just an outcome, and use Clari to run their businesses.
  • Clari is purpose-built software that helps every company, from Wall Street to Main Street, deliver world-class revenue performance.
  • Were thrilled to have the support of Blackstone and all our investors as we deliver unmatched performance and more predictable growth for companies around the world.

Clockwise Announces $45 Million Series C Funding Round Led by Coatue, with Participation from Atlassian Ventures and Existing Investors

Retrieved on: 
Tuesday, January 18, 2022
Software, Technology, Professional Services, Human Resources, Calendar, Entrepreneurship, General partnership, CTO, Technology, Magic, CEO, Time, Culture, Bain Capital Ventures, Netflix, Twitter, Venture, Organization, Road, Management, Clockwise, Atlassian

Clockwise , a Time Orchestration platform that helps teams free up their workdays, announced today it has raised a $45 million Series C funding round led by Coatue, with participation from Atlassian Ventures and existing investors Accel, Greylock Partners, and Bain Capital Ventures.

Key Points: 
  • Clockwise , a Time Orchestration platform that helps teams free up their workdays, announced today it has raised a $45 million Series C funding round led by Coatue, with participation from Atlassian Ventures and existing investors Accel, Greylock Partners, and Bain Capital Ventures.
  • This round brings the company's total funding raised to $76 million to date.
  • Since launching in 2018, Clockwise has rescheduled 4,000,000 flexible meetings and created more than 2,000,000 hours of uninterrupted Focus Time for teams.
  • Today, more than 10,000 organizations run on Clockwise, including Netflix, Twitter, Atlassian and Asana.

Arc Raises $161M to Launch Full-Service Finance Platform for SaaS, Built in Partnership with Stripe

Retrieved on: 
Thursday, January 13, 2022
Software, Technology, Professional Services, Finance, Soma, General partnership, Atalaya, Pioneer Fund, YC, Technology, Bologna Business School, Machine learning, Board of directors, Currier, Wall Street, Growth, Teleport, CEO, Ownership, Science and technology in Asia, Wall, Director, Software as a service, Bain Capital Ventures, Head, Y Combinator, Gartner, API, VC, Partnership, Cryptocurrency, Video game, Financial services, Instabug, Silicon, Arc

Arc , the full-service finance platform for SaaS, emerged from stealth today with $161 million in total funding from equity and credit investors.

Key Points: 
  • Arc , the full-service finance platform for SaaS, emerged from stealth today with $161 million in total funding from equity and credit investors.
  • In partnership with Stripe, Arc is building a first-of-its-kind fintech solution where software founders can borrow, save, and spend on one comprehensive digital platform.
  • As the full-service finance platform purpose-built for SaaS startups, Arc is building a community of premium software companies where they can borrow, save, and spend all on a single technology platform.
  • Arc is the full-service finance platform for SaaS, providing software startups with the customized financial products they deserve.