Bain Capital Ventures

Altai Ventures Launches Differentiated Fund to Help InsurTech and FinTech Founders Reinvent Financial Services

Retrieved on: 
Wednesday, February 22, 2023

WESTPORT, Conn., Feb. 22, 2023 /PRNewswire/ -- Altai Ventures ("Altai"), an early-stage venture capital firm, today announced the closing of Altai Ventures Fund II, LP ("Altai II" or the "Fund"). The fund closed with $53 million in total commitments surpassing its goal of $50 million. 

Key Points: 
  • "Oversubscribed Altai Ventures Fund II, LP Exceeds Target with $53M in Total Commitments from Leading Financial and Institutional Limited Partners"
    WESTPORT, Conn., Feb. 22, 2023 /PRNewswire/ -- Altai Ventures ("Altai"), an early-stage venture capital firm, today announced the closing of Altai Ventures Fund II, LP ("Altai II" or the "Fund").
  • "One of the things that attracted us to Altai is that our investment philosophies are very much aligned.
  • Altai Ventures, which has offices in Westport, CT, and New York City, specializes in InsurTech, FinTech, and enterprise software for financial services.
  • The mission of Altai is to empower extraordinary founders to reinvent financial services through technology.

DispatchTrack Expands Board of Directors and Leadership Team as Company Momentum Accelerates

Retrieved on: 
Thursday, January 26, 2023

CAMPBELL, Calif., Jan. 26, 2023 /PRNewswire/ -- DispatchTrack, the global leader in last mile delivery solutions, today announced it has appointed Jeff Williams, an operating partner at Bain Capital Ventures, to its board. In addition, the company is strengthening its leadership team with hires: West Gass, who will serve as vice president of marketing, and Alice Wheeler, who was named head of human resources.

Key Points: 
  • In addition, the company is strengthening its leadership team with hires: West Gass , who will serve as vice president of marketing, and Alice Wheeler , who was named head of human resources.
  • His strategic guidance, deep industry expertise, and track record of success will be invaluable as we continue to rapidly scale," said Satish Natarajan, DispatchTrack co-founder and CEO.
  • "We are also excited to welcome West and Alice to our leadership team.
  • Their extensive experience and proven results will be vital as DispatchTrack continues to grow, innovate, and expand into new markets."

HYCU® Introduces World’s First Data Protection Development Platform for SaaS

Retrieved on: 
Wednesday, February 1, 2023

R-Cloud is the world’s first low-code, purpose-built data protection development platform specifically designed to make it easy for SaaS vendors to deliver a true enterprise class backup and recovery service for their users that is secure and scalable.

Key Points: 
  • R-Cloud is the world’s first low-code, purpose-built data protection development platform specifically designed to make it easy for SaaS vendors to deliver a true enterprise class backup and recovery service for their users that is secure and scalable.
  • That is why we have re-thought the way data protection is done and found a way to provide ISVs and SaaS vendors the ability to add data protection with ease.
  • At its foundation, the R-Cloud platform empowers SaaS companies to leverage HYCU’s data protection expertise, orchestration, identity and access management, policy management, and analytics to ensure all SaaS data is protected.
  • Now, IT admins and developers that need data protection regardless of SaaS-based application will be able to access powerful data protection services.

Decodable Ships Additional Enterprise Readiness Features for Real-Time Data Streaming Built on Apache Flink

Retrieved on: 
Wednesday, January 18, 2023

SAN FRANCISCO, Jan. 18, 2023 /PRNewswire-PRWeb/ -- Decodable, the stream processing company, announced today a slate of new features in its enterprise-ready platform built on Apache Flink, the industry leading stream processing technology. The Decodable platform rounds out open source Apache Flink with capabilities that deliver security, efficiency and performance, enabling enterprise users to connect to anything, develop with speed and operate with confidence.

Key Points: 
  • The Decodable platform rounds out open source Apache Flink with capabilities that deliver security, efficiency and performance, enabling enterprise users to connect to anything, develop with speed and operate with confidence.
  • "The future of data is real-time, and the community has created an incredibly powerful tool in Apache Flink," said Eric Sammer, CEO and founder of Decodable.
  • Today, Decodable flips this script, offering updates to our platform that packages Flink into a fully-managed, as-a-service, pay-as-you-go stream processing platform.
  • Decodable's enterprise-ready platform makes it easy for data teams to use Flink at enterprise scale, using SQL they already know well.

Bronstein, Gewirtz & Grossman, LLC Notifies Compound DAO (COMP) Investors of Class Action and to Actively Participate

Retrieved on: 
Tuesday, January 17, 2023

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.

Key Points: 
  • This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.
  • The Complaint alleges that Compound DAO offered and sold COMP, a digital token that is an unregistered security.
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.
  • Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits.

Welcome Homes Raises $29M in Series A Funding Round

Retrieved on: 
Thursday, January 12, 2023

NEW YORK, Jan. 12, 2023 /PRNewswire/ -- Welcome Homes, a New York City-based Proptech company that delivers luxurious homes at a guaranteed price in just a few clicks, is announcing today that it's raised more than $29M in Series A funding led by Era Ventures. The new funding will be used to hire talent to further develop Welcome Homes' proprietary land technology, design new home models, and expand into new markets throughout the U.S.

Key Points: 
  • The new funding will be used to hire talent to further develop Welcome Homes' proprietary land technology, design new home models, and expand into new markets throughout the U.S.
  • Welcome Homes Raises $29M Series A To Make Building Beautiful Houses Seamless for Home Buyers and Real Estate Investors.
  • "Welcome Homes addresses the massive shortage of housing by productizing and accelerating the delivery of beautiful new homes," said Alec Hartman, Co-Founder & CEO of Welcome Homes.
  • In conjunction with the funding, Clelia Warburg Peters, Managing Partner at Era Ventures, will be joining Welcome Homes' board of directors.

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Compound DAO Investors to Secure Counsel Before Important Deadline in Securities Class Action – COMP

Retrieved on: 
Monday, January 16, 2023

WHAT TO DO NEXT: To join the COMP class action, go to https://rosenlegal.com/submit-form/?case_id=10349 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the COMP class action, go to https://rosenlegal.com/submit-form/?case_id=10349 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

ROSEN, A LEADING LAW FIRM, Encourages Compound DAO Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – COMP

Retrieved on: 
Tuesday, January 10, 2023

WHAT TO DO NEXT: To join the COMP class action, go to https://rosenlegal.com/submit-form/?case_id=10349 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the COMP class action, go to https://rosenlegal.com/submit-form/?case_id=10349 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Global E-Commerce and Marketing Industry Veteran Vickie Bond Mrva Appointed to Bloomreach Board of Directors

Retrieved on: 
Wednesday, January 11, 2023

MOUNTAIN VIEW, Calif., Jan. 11, 2023 /PRNewswire/ -- Bloomreach , the world's #1 Commerce Experience Cloud, today announced it has appointed Vickie Bond Mrva to its Board of Directors.

Key Points: 
  • MOUNTAIN VIEW, Calif., Jan. 11, 2023 /PRNewswire/ -- Bloomreach , the world's #1 Commerce Experience Cloud, today announced it has appointed Vickie Bond Mrva to its Board of Directors.
  • "I'm pleased to join the Bloomreach Board of Directors.
  • Having spent my entire career in e-commerce and marketing, I understand just how valuable Bloomreach is to scaling businesses — particularly now, as they look to drive sustainable, profitable growth from their digital channels," said Vickie Bond Mrva.
  • "Vickie is an invaluable addition to our Board of Directors," said Raj De Datta, co-founder and CEO, Bloomreach.

ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Compound DAO Investors to Secure Counsel Before Important Deadline in Securities Class Action – COMP

Retrieved on: 
Sunday, January 1, 2023

WHAT TO DO NEXT: To join the COMP class action, go to https://rosenlegal.com/submit-form/?case_id=10349 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the COMP class action, go to https://rosenlegal.com/submit-form/?case_id=10349 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.