Bessemer Venture Partners

Devo Technology Delivers Industry’s First Comprehensive Cloud-Native Platform for the SOC with Acquisition of Next-Gen SOAR Provider LogicHub

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Tuesday, September 20, 2022

CAMBRIDGE, Mass., Sept. 20, 2022 (GLOBE NEWSWIRE) -- Devo Technology , the cloud-native logging and security analytics company, today announced the acquisition of LogicHub , a security orchestration, automation, and response (SOAR) innovator.

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CAMBRIDGE, Mass., Sept. 20, 2022 (GLOBE NEWSWIRE) -- Devo Technology , the cloud-native logging and security analytics company, today announced the acquisition of LogicHub , a security orchestration, automation, and response (SOAR) innovator.
Between recent funding, M&A activity, our new product innovations, customer wins and continued global expansion, Devo is continuing our disruption of the security market, said Marc van Zadelhoff, CEO of Devo.
Today marks a major step in our progress towards not just the autonomous SOC, but in rounding out the complete SaaS stack of SOC capabilities that our customers need today.
LogicHub delivers intelligent automation-driven extended detection and response solutions that are flexible enough to fit any customers requirements.

AutoNation Named Industry Leader in Reputation's 2022 Automotive Reputation Report

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Tuesday, September 20, 2022

FORT LAUDERDALE, Fla., Sept. 20, 2022 /PRNewswire/ --AutoNation, Inc. (NYSE:AN), America's most admired automotive retailer, today announced that it was named an Industry Leader in the 2022 Automotive Reputation Report , Reputation's analysis of customer feedback on 20,000 automotive brands and dealerships in North America (United States and Canada), and 15,000 more across Europe.

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FORT LAUDERDALE, Fla., Sept. 20, 2022 /PRNewswire/ --AutoNation, Inc. (NYSE:AN), America's most admired automotive retailer, today announced that it was named an Industry Leader in the 2022 Automotive Reputation Report , Reputation's analysis of customer feedback on 20,000 automotive brands and dealerships in North America (United States and Canada), and 15,000 more across Europe.
1, in the Public Dealer Group category signifying its status as a leader in Reputation Score, Reputation's proprietary index for measuring customer sentiment and online reputation.
Reputation's 2022 Automotive Reputation Report highlights the top public and private dealer groups in the United States by assigning a Reputation Score based on feedback from thousands of consumers, a metric that has improved increasingly vital for the automotive industry.
Please also visit www.autonationdrive.com , AutoNation's automotive blog, for information regarding the AutoNation community, the automotive industry, and current automotive news and trends.

Imply Announces Major Open Source Contribution for Apache Druid; New Financial Guarantee for Apache Druid Users

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Tuesday, September 20, 2022

Implys Total Value Guarantee, a global guarantee for Apache Druid users that shows how the Imply subscription is effectively free for qualified participants.

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Implys Total Value Guarantee, a global guarantee for Apache Druid users that shows how the Imply subscription is effectively free for qualified participants.
Today, Imply is making it possible for Apache Druid users to get all the value of a partnership with Imply effectively for freeand lower their TCO for Druid.
Imply, the Imply logo, and Imply Polaris are either registered trademarks or trademarks of Imply Data, Inc. in the U.S. and/or other countries.
Apache, Apache Druid, Druid and the Druid logo are either registered trademarks or trademarks of the Apache Software Foundation in the USA and/or other countries.

Tract Raises $7M to help Teachers Empower Kids to Develop 21st Century Skills through Content Creation

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Tuesday, September 13, 2022

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SAN FRANCISCO, Sept. 13, 2022 /PRNewswire/ -- Today, Tract, the online community where kids teach kids through multimedia, announced its $7 million seed funding round led by NEA with participation from Bill Tai (Sangha Capital/ACTAI), Anne Wojcicki (23&Me), Susan Wojcicki (YouTube), Marc Pincus (Zynga), and Dan Rosensweig (Chegg). The funding will help Tract to further its mission to unlock every child's potential to become an impactful creator. The startup was founded in 2020 by celebrity mom and California teacher of the year, Esther Wojcicki, and her former student and Uber exec, Ari Memar, after the pair realized the gravity of the 21st century skills gap, mental health epidemic, and teacher shortage.

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The funding will help Tract to further its mission to unlock every child's potential to become an impactful creator.
My goal with Tract is to help make it easy for anyone, anywhere to prepare their kids for success," said Esther Wojcicki, Cofounder.
Tract allows kids to learn, create, share, and teach through video in its safe, moderated online community.
"Tract is pioneering a platform for school-age kids to be social learners, builders and creators, inside and outside the classroom.

Reputation Names Marc Linden as Chief Financial Officer

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Tuesday, September 13, 2022

SAN RAMON, Calif., Sept. 13, 2022 /PRNewswire/ -- Reputation, the global leader in reputation experience management, today announced it has hired a new Chief Financial Officer to guide the company to its next phase of growth. Marc Linden has more than 30 years of finance, business strategy, and general management experience and as Reputation's new CFO, Marc will oversee the company's financial and administrative departments.

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SAN RAMON, Calif., Sept. 13, 2022 /PRNewswire/ -- Reputation , the global leader in reputation experience management, today announced it has hired a new Chief Financial Officer to guide the company to its next phase of growth.
Marc Linden has more than 30 years of finance, business strategy, and general management experience and as Reputation's new CFO, Marc will oversee the company's financial and administrative departments.
"Marc is familiar with leading a $100MM business - a key Saas milestone Reputation reached earlier this year - and growing it to hundreds of millions.
Customer Experience is a wildly underserved market but it's also an increasingly important one," said Marc Linden, Reputation CFO.

All-in-one Recruiting Platform Ashby Launches Publicly With over 500 Customers

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Tuesday, September 13, 2022

SAN FRANCISCO, Sept. 13, 2022 /PRNewswire/ -- Ashby, the all-in-one recruiting platform for high-growth startups and enterprise companies launches publicly today with over 500 paying customers and $21.5 million in Series B funding. The round was led by F-Prime Capital with participation from Elad Gil, Lachy Groom, Semper Virens, Base Case Capital, Gaingels, as well as over a 100 customers, partners, and operators. The new injection of capital will be used to scale operations, engineering, and go-to-market teams.

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SAN FRANCISCO, Sept. 13, 2022 /PRNewswire/ -- Ashby , the all-in-one recruiting platform for high-growth startups and enterprise companies launches publicly today with over 500 paying customers and $21.5 million in Series B funding.
The impact can be seen in real-time through reliable data visibility that supports lean, high-ROI recruiting operations.
At the same time, recruiting was undergoing a huge change with a sharper focus on analytics and operations," said Benji Encz, CEO and Co-Founder of Ashby.
Ashby exists to deliver a new standard of recruiting software to enable hiring excellence.It's all-in-one recruiting platform enables high growth companies to hire more efficiently by combining features for the entire recruiting process, from sourcing to offer, with advanced analytics and automation.

Bankjoy Names Michael Carroll as Chief Technology Officer

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Monday, September 12, 2022

Digital banking provider Bankjoy announced today that it is continuing to expand its team in response to growing demand, adding Michael Carroll as Chief Technology Officer.

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Digital banking provider Bankjoy announced today that it is continuing to expand its team in response to growing demand, adding Michael Carroll as Chief Technology Officer.
Carroll will oversee the development of technology as well as drive the companys strategic vision to deliver a seamless end-to-end digital service ecosystem.
Bringing more than 10 years of technology experience to Bankjoy, Carroll was previously both Vice President of Engineering and Vice President of Strategic Projects for Teladoc Health, the world leader in telemedicine.
Prior to Teladoc Health, Carroll was part of the founding team of RubiconMD, where he served as VP of Engineering.

Bessemer Venture Partners Closes $4.6 Billion Across Two New Funds

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Thursday, September 8, 2022

Bessemer Venture Partners today announced the close of $4.6 billion in new capital across two funds$3.85 billion for its twelfth flagship fund, BVP XII, and $780 million for its inaugural BVP Forge fund.

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Bessemer Venture Partners today announced the close of $4.6 billion in new capital across two funds$3.85 billion for its twelfth flagship fund, BVP XII, and $780 million for its inaugural BVP Forge fund.
Bessemer Venture Partners focuses on early- and growth-stage venture capital investments through its current $2.475 billion BVP XI fund, $825 million Century II growth fund, and $220 million early-stage focused India fund that were raised in 2021.
Bessemer Venture Partners helps entrepreneurs lay strong foundations to build and forge long-standing companies.
Bessemer has teams of investors and partners located in Tel Aviv, Silicon Valley, San Francisco, New York, London, Boston, Beijing, and Bangalore.

Restaurant365 Data Reveals Increase in 2022 Mid-Year Sales

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Thursday, September 8, 2022

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IRVINE, Calif., Sept. 8, 2022 /PRNewswire/ -- Restaurant365, the leading all-in-one restaurant enterprise management software, reported that demand remained strong for restaurants in the second quarter of 2022, citing a 12% increase in its customers' sales from Q1 to Q2, despite the challenges of inflation and rising food costs.

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Restaurant365 data finds demand for restaurants increased, citing a 12% increase in its customers' sales from Q1 to Q2.
"As economists discuss a potential economic slowdown, restaurants may not yet feel impacted because their sales continue to grow," stated Tony Smith, CEO and co-founder of Restaurant365.
There are some key ways they can best prepare, and one of the most influential we saw during the pandemic is data analytics.
Operators that are using sales, food cost and labor data to clearly understand their business are best positioned to stay profitable during uncertain times."

Pipedrive Unveils Its New Evolved Brand, Reflecting the Company's Commitment to Driving the Growth of SMBs

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Thursday, September 8, 2022

Were committed to building the best platform to drive small businesses growth and our new brand expresses that.

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Were committed to building the best platform to drive small businesses growth and our new brand expresses that.
Everything we do is for real people and real results, said Heidrun Luyt, CMO at Pipedrive.
Giving customers the tools they need to unlock next-level growth and their full commercial potential is the key competence of Pipedrive.
Pipedrive has already initiated the brand activation stage centered around a brand marketing campaign showcasing moments of customer success and growth with Pipedrive.