Venture round

Pigment announces $145 million series D led by ICONIQ Growth

Retrieved on: 
Thursday, April 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: 
Thursday, April 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.

Zone & Co Strengthens Leadership Team with Two Key Executive Appointments to Drive the Next Stage of Growth

Retrieved on: 
Wednesday, April 3, 2024
Cloud, GTM, Venture round, HR, AP, Garret, Organization, Growth, CFO, Payroll, ERP, History, Acquisition, IPO, TSX, Treasury, CAC, Vista Equity Partners, LTV, CRP, Rubicon Technologies, Renewable energy

Wonderling joins Zone with a history of leadership roles at pre- and post-IPO high-growth companies, most recently from Salesloft where he served as its Chief Accounting Officer.

Key Points: 
  • Wonderling joins Zone with a history of leadership roles at pre- and post-IPO high-growth companies, most recently from Salesloft where he served as its Chief Accounting Officer.
  • Garrett is an award-winning technology-marketing leader, who brings deep experience building out and leading revenue-driving global marketing organizations for both high-growth scale-ups and enterprise-level brands.
  • "Our company's trajectory is unmistakable, and I am eager to leverage our unique value proposition to captivate audiences and drive dominating growth.
  • We've only scratched the surface of its market potential and I look forward to helping unlock marketing-led growth."

Zone & Co Strengthens Leadership Team with Two Key Executive Appointments to Drive the Next Stage of Growth

Retrieved on: 
Wednesday, April 3, 2024
Cloud, GTM, Venture round, HR, AP, Garret, Organization, Growth, CFO, Payroll, ERP, History, Acquisition, IPO, TSX, Treasury, CAC, Vista Equity Partners, LTV, CRP, Rubicon Technologies, Renewable energy

Wonderling joins Zone with a history of leadership roles at pre- and post-IPO high-growth companies, most recently from Salesloft where he served as its Chief Accounting Officer.

Key Points: 
  • Wonderling joins Zone with a history of leadership roles at pre- and post-IPO high-growth companies, most recently from Salesloft where he served as its Chief Accounting Officer.
  • Garrett is an award-winning technology-marketing leader, who brings deep experience building out and leading revenue-driving global marketing organizations for both high-growth scale-ups and enterprise-level brands.
  • "Our company's trajectory is unmistakable, and I am eager to leverage our unique value proposition to captivate audiences and drive dominating growth.
  • We've only scratched the surface of its market potential and I look forward to helping unlock marketing-led growth."

Observe Announces $115 Million In Series B Financing

Retrieved on: 
Wednesday, March 27, 2024
Organization, Software as a service, Growth, ARR, Walking, Environment, Capital One, TCV, Venture round, Telemetry, Architecture, APM, OPAL, Series, NRR, Sutter Hill Ventures, Snowflake

SAN MATEO, Calif., March 27, 2024 /PRNewswire/ -- Observe, Inc. the SaaS observability company reinventing the way machine-generated data is stored, managed and analyzed, today announced the Company has closed a Series B funding round of $115 million led by Sutter Hill Ventures with participation from existing investors Capital One Ventures and Madrona and new investor Snowflake Ventures.

Key Points: 
  • The Series B funding, raised at a valuation 10x higher than the company's Series A round four years ago, promises to further accelerate Observe's growth.
  • Observe's headcount increased more than 50% and the company is scaling its sales organization as many tech companies pull back.
  • "Legacy monitoring and APM players, shackled by outdated architectures, are dead companies walking," said Jeremy Burton, CEO at Observe.
  • "We believe Observe is the future of Observability and we're incredibly excited to lead the Series B round," said Mike Speiser, Managing Director at Sutter Hill Ventures.

NOTICE TO THE ANNUAL GENERAL MEETING IN HEXAGON AB (publ)

Retrieved on: 
Thursday, March 21, 2024
Transfer, Exercise, Euroclear, Hexagon AB, Bachelor, Chapter Eight, The Annual Report, Remuneration, Audit committee, Microsoft, Annual, Employment, Pension, Committee, Venture round, AGM, Annual general meeting, Section 4, Companies Act, Criterion, Person, Annual report, P.O, Master, University, PwC, Documentation, Group 5, Proxy, Social Security, Acquisition, MD, IBM, Retirement, International business, BankID, Guideline, Conference, Address, Group 1, Mass meeting, Post office box, Nasdaq Stockholm, Chapter Seven, Management

STOCKHOLM, March 21, 2024 /PRNewswire/ -- The Board of Directors has, pursuant to Chapter 7, Section 4 a of the Swedish Companies Act (Sw. aktiebolagslagen) and the company's Articles of Association, decided that shareholders shall be able to exercise their voting rights by postal voting before the General Meeting. Consequently, shareholders may choose to exercise their voting rights at the AGM by attending in person, through a proxy or by postal voting.

Key Points: 
  • Notice of attendance to the Annual General Meeting can be given on Hexagon's website, www.hexagon.com , or by post to: Hexagon AB, "Annual General Meeting", c/o Euroclear Sweden AB, P.O.
  • Completed and signed postal voting forms can be sent by mail to Hexagon AB, "Annual General Meeting", c/o Euroclear Sweden AB, P.O.
  • The Nomination Committee elected in anticipation of the 2024 Annual General Meeting, comprising Mikael Ekdahl (Melker Schörling AB), Jan Dworsky (Swedbank Robur fonder), Brett Watson (Infor) and Daniel Kristiansson (Alecta) has proposed that Ola Rollén be elected Chairman of the 2024 Annual General Meeting.
  • If the Annual General Meeting so resolves, the dividend is expected to be distributed by Euroclear Sweden AB starting on Friday 10 May 2024.

Autonomous Driving Innovator EACON Secures $44.5 Million in Series C++ Funding, Surpassing $97.3 Million Raised in 6 Months

Retrieved on: 
Wednesday, March 13, 2024
Zijin Mining, Venture round, Mining, Silver, Zinc, Copper, Gold, Carbon, OEM, Drive by wire, Komatsu, Lithium, Multimedia, Rare-earth element

BEIJING, March 13, 2024 /PRNewswire/ -- EACON, a leading company in autonomous driving for mining, has secured $44.5 million USD in Series C++ financing, led by Zijin Mining.

Key Points: 
  • BEIJING, March 13, 2024 /PRNewswire/ -- EACON, a leading company in autonomous driving for mining, has secured $44.5 million USD in Series C++ financing, led by Zijin Mining.
  • With the completion of Series C and Series C+ financing, EACON has raised a total of $97.3 million USD in equity financing within 6 months.
  • By integrating cutting-edge autonomous driving technology with robust on-site operational capabilities, EACON offers an OEM-agnostic, field-proven solution for autonomous haulage and zero-emission truck engineering.
  • With robust R&D capabilities and experience in clean energy and autonomous mining trucks, EACON is well-positioned for global market entry.

NEW YORK COMMUNITY BANCORP, INC. CLOSES OVER $1 BILLION EQUITY INVESTMENT STRENGTHENING BALANCE SHEET AND LIQUIDITY POSITION

Retrieved on: 
Tuesday, March 12, 2024
Transfer, Slate, Exercise, Bank Holding Company Act, Sullivan & Cromwell, New York Community Bank, NYCB, Investment, Latham & Watkins, Treasury, Employment, COI, Certificate, Oliver Cromwell, Workforce, Common stock, New York Stock Exchange, Plan, Regulation, Acquisition, Incoming, Growth, Comptroller, Venture round, Jefferies Group, Security (finance)

HICKSVILLE, N.Y., March 11, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) ("NYCB" or the "Company") announced today it completed the previously announced transactions resulting in individual investments aggregating to approximately $1.05 billion in the Company by Liberty Strategic Capital ("Liberty"), funds managed by Hudson Bay Capital Management ("Hudson Bay"), funds managed by Reverence Capital Partners ("Reverence Capital"), and other investors (collectively, the "Investors").

Key Points: 
  • Our Company enters this next phase with an enhanced balance sheet and liquidity position."
  • We believe that this transaction has strengthened the Company's balance sheet and liquidity position and look forward to working with management and the dedicated workforce of NYCB to deliver shareholder value."
  • Mr. DiNello, Marshall Lux, Lawrence Savarese, Peter Schoels, David Treadwell and Jennifer Whip remain members of the Board.
  • In addition, in connection with Reg Y Transfers, the Series C Preferred Stock is automatically convertible into 1,000 shares of our common stock.

Sotherly Hotels Inc. Reports Financial Results for the Fourth Quarter Ended December 31, 2023

Retrieved on: 
Wednesday, March 6, 2024
FFO, Pressure, ADR, Growth, Sale, Toronto-Dominion Bank, Loan, RevPAR, Lung compliance, Venture round, House, Tax, Forgiveness, DoubleTree, Creditor, Insurance, Depreciation, Partnership

Total revenue was approximately $42.1 million and $41.3 million, for the three month periods ended December 31, 2023 and 2022, respectively.

Key Points: 
  • Total revenue was approximately $42.1 million and $41.3 million, for the three month periods ended December 31, 2023 and 2022, respectively.
  • For the twelve-month period ending December 31, 2023, total revenue increased to approximately $173.8 million, from approximately $166.1 million during the comparable period in 2022.
  • Hotel EBITDA decreased to approximately $10.3 million for the three months ended December 31, 2023, from approximately $11.9 million during the comparable period in 2022.
  • Dave Folsom, President and Chief Executive Officer of Sotherly Hotels Inc., commented, "In the fourth quarter, we continued to see improvements in overall hotel performance metrics.

Quoin Pharmaceuticals Announces Pricing of $6.5 Million Public Offering

Retrieved on: 
Tuesday, March 5, 2024
ADS, Prospectus, Telephone, Sale, Venture round, Form, American depositary receipt, Madison Avenue, Security (finance)

The closing of the offering is expected to occur on or about March 7, 2024, subject to the satisfaction of customary closing conditions.

Key Points: 
  • The closing of the offering is expected to occur on or about March 7, 2024, subject to the satisfaction of customary closing conditions.
  • The Company intends to use the net proceeds from the offering for general corporate purposes.
  • 333-277016) (“Form S-1”), relating to the offering was filed with the Securities and Exchange Commission (“SEC”), and it was declared effective on February 14, 2024.
  • The offering is being made only by means of a prospectus forming part of the effective registration statement.