Sierra Ventures

Quintessent raises $11.5M in seed funding to future-proof optical connectivity

Retrieved on: 
Thursday, March 14, 2024
Software, Technology, Artificial Intelligence, Data Management, A.I, Partner, Sierra Ventures, OUP, Merck Group, Growth, Silicon, Cryptocurrency

Quintessent, a pioneer in heterogeneous silicon photonics and quantum dot laser technology, has closed on just over $11.5 million in an oversubscribed Seed funding round.

Key Points: 
  • Quintessent, a pioneer in heterogeneous silicon photonics and quantum dot laser technology, has closed on just over $11.5 million in an oversubscribed Seed funding round.
  • Osage University Partners (OUP) led the round along with new investors including M Ventures, and joining existing investors Sierra Ventures, Foothill Ventures, and Entrada Ventures.
  • is catalyzing a rapid transition and growth of the world’s computing infrastructure from general purpose architectures to ones specifically designed for accelerated computing.
  • As a result, data movement efficiency of the interconnecting fabric is a critical bottleneck to accelerating system performance at scale.

Founder-Led VC Firm PPVP Launches Members-Only Co-Investment Network 'PariPassu'

Retrieved on: 
Tuesday, February 27, 2024
Networks, Finance, Start-Up, Professional Services, Technology, Apps, Applications, Electronic Commerce, Business, Melon, Angel investor, AI, Investment, Khloé Kardashian, SeedInvest, Homesick, Commerce, Sierra Ventures, Entrepreneurship, COVID-19, YPO, Coffee, Red Bull, Upfront Ventures, Accenture, Insight Partners, Kylie Cosmetics, Software as a service, Love Your Melon, Ecosystem, Partner (business rank), Sequoia Capital, Good, Longevity, Cryptocurrency

Pari Passu Venture Partners (“PPVP”), a founder-led, founder-backed early-stage venture capital firm investing at the intersection of technology and retail, today announced the launch of PariPassu.

Key Points: 
  • Pari Passu Venture Partners (“PPVP”), a founder-led, founder-backed early-stage venture capital firm investing at the intersection of technology and retail, today announced the launch of PariPassu.
  • “As founders backing founders, we’re launching PariPassu to create the world’s most powerful network of founder support,” said Julia Gudish Krieger, Co-Founder and Managing Partner of PPVP.
  • Beyond its unfair advantage in e-commerce tech, PPVP’s deep-rooted founder network sources highly-curated investment opportunities spanning consumer tech, AI, and longevity.
  • PPVP also has world-class advisors including Ryan Feit, Founder of SeedInvest, the pioneer equity crowdfunding platform, which he sold to Circle.

ArmorCode Raises $40 Million in Series B Funding to Help Companies Ship Secure Software and Ship It Fast

Retrieved on: 
Monday, December 4, 2023
Technology, Consulting, Security, Professional Services, Software, Networks, Internet, Data Management, Artificial Intelligence, Media, Sierra Ventures, Glass, Organization, Nokia, Entrepreneurship, Industrial control system, Security company, Risk, Triage, Semiconductor, Autodesk Media and Entertainment, Aggregation, Trust, Fixed assets management, Information, General partnership, VM, Partnership, Vulnerability management, Growth, AI, Guidepoint, ASPM, Collaboration, Risk management, Finance

ArmorCode , the leader in Application Security Posture Management (ASPM) and Risk-Based Vulnerability Management (RBVM), today announced it closed a pre-emptive $40 million Series B round to advance its mission of helping companies ship secure software fast and at scale.

Key Points: 
  • ArmorCode , the leader in Application Security Posture Management (ASPM) and Risk-Based Vulnerability Management (RBVM), today announced it closed a pre-emptive $40 million Series B round to advance its mission of helping companies ship secure software fast and at scale.
  • This marks a total of $65 million raised to propel organizations toward fully understanding and improving the state of their software risk.
  • The funding follows a year of significant growth for ArmorCode, including more than 400% year-over-year revenue growth with Fortune 500 companies making up 25% of its customer base.
  • Application security leaders are steadfast in their reliance on and trust in ArmorCode to identify and mitigate risk for their organizations.

Augmentus Raises Oversubscribed USD 5M Series-A Round to Bring No-Code Robotics to the World

Retrieved on: 
Tuesday, November 14, 2023
Sierra Ventures, Research, Entrepreneurship, ASP, USD, ABB, Series, Kawasaki, Software, Original equipment manufacturer, Robotics, Video game, 3D printing, Kuka

SINGAPORE, Nov. 14, 2023 /PRNewswire/ -- Augmentus, a leader in no-code robotics software, has successfully raised USD 5M in Series-A funding. The round was led by Sierra Ventures, along with Cocoon Capital.

Key Points: 
  • Augmentus pioneers intelligent, no-code computer vision and robot motion planning, enabling industrial robot programming in minutes
    SINGAPORE, Nov. 14, 2023 /PRNewswire/ -- Augmentus, a leader in no-code robotics software, has successfully raised USD 5M in Series-A funding.
  • Conventional robot programming is fragmented and costly, requiring extensive training and expertise due to proprietary programming languages.
  • The industrial robotics software market is expected to reach USD 47B by 2030, growing at a CAGR of 27%.
  • "Augmentus' integration of precise 3D scanning, no-code micro-adjustability, and automated code generation is the solution to this challenge."

Augmentus Raises Oversubscribed USD 5M Series-A Round to Bring No-Code Robotics to the World

Retrieved on: 
Tuesday, November 14, 2023
Sierra Ventures, Research, Entrepreneurship, ASP, USD, ABB, Series, Kawasaki, Software, Original equipment manufacturer, Robotics, Video game, 3D printing, Kuka

SINGAPORE, Nov. 14, 2023 /PRNewswire/ -- Augmentus, a leader in no-code robotics software, has successfully raised USD 5M in Series-A funding. The round was led by Sierra Ventures, along with Cocoon Capital.

Key Points: 
  • Augmentus pioneers intelligent, no-code computer vision and robot motion planning, enabling industrial robot programming in minutes
    SINGAPORE, Nov. 14, 2023 /PRNewswire/ -- Augmentus, a leader in no-code robotics software, has successfully raised USD 5M in Series-A funding.
  • Conventional robot programming is fragmented and costly, requiring extensive training and expertise due to proprietary programming languages.
  • The industrial robotics software market is expected to reach USD 47B by 2030, growing at a CAGR of 27%.
  • "Augmentus' integration of precise 3D scanning, no-code micro-adjustability, and automated code generation is the solution to this challenge."

Creating a Healthier, More Collaborative Supply Chain: Rebate Management Category Definer Enable Secures $120M Series D at $1.12B Valuation and Expands Board of Directors

Retrieved on: 
Tuesday, November 7, 2023
Software, Technology, Transport, Logistics, Supply Chain Management, Sierra Ventures, Box, Wiz, Behavior, Lightspeed Venture Partners, Tech, Speed of light, Environment, Growth, Partnership, Partner, Forecasting, Insight Partners, Menlo Ventures, Norwest Venture Partners, Management, Video game, Enabling, Microsoft Excel

Levin is the former President and COO at Box and is a current member of Box’s board.

Key Points: 
  • Levin is the former President and COO at Box and is a current member of Box’s board.
  • In addition to Enable, he has led the firm’s investments in Axonius, ClickUp, Personio, Verkada, and Wiz.
  • It’s because of this that rebate management is a strategic imperative for every business operating within the supply chain.
  • "I am extremely excited to join the Enable board," said new Board of Directors member Dan Levin.

Pantomath Raises $14 Million in Series A Led by Sierra Ventures to Accelerate Development of Data Pipeline Observability and Traceability Platform

Retrieved on: 
Monday, October 16, 2023
Software, Technology, Networks, Data Management, Bloomberg Businessweek, Fintech, AI, Organization, F500, Inc., Paycor Stadium, Data Analytics Library, Sierra Ventures, Ecosystem, Growth, Somesh, GE, Big data, GE Aviation, Silicon, CXO, Cryptocurrency, Retail, Online shopping, Pantomath

Pantomath Inc., a data pipeline observability and traceability platform, announced today that it completed $14 million in Series A funding in early September led by Silicon Valley-based Sierra Ventures and included Series Seed investors Bowery Capital and Epic Ventures .

Key Points: 
  • Pantomath Inc., a data pipeline observability and traceability platform, announced today that it completed $14 million in Series A funding in early September led by Silicon Valley-based Sierra Ventures and included Series Seed investors Bowery Capital and Epic Ventures .
  • The impact of Pantomath’s data pipeline observability and traceability platform has enabled its customers to reduce data reliability issues and drive a data-driven culture with data consumers trusting their data.
  • Pantomath is a data pipeline observability and traceability platform for automating data operations and improving data reliability through automated real-time monitoring and cross-platform pipeline lineage.
  • Headquartered in Cincinnati, Pantomath is a fast-growing Series A funded startup, backed by Sierra Ventures, Bowery Capital, and Epic Ventures.

Qualiti.ai Secures $6.5 Million Seed Funding to Ensure Software Engineers Never Need to Test Again

Retrieved on: 
Monday, August 28, 2023
Technology, Engineering, Venture Capital, Manufacturing, Professional Services, Artificial Intelligence, Other Technology, Telecommunications, Software, Networks, Internet, Electronic Design Automation, Data Management, Security, Mom, Maintenance, Sierra Ventures, AI, QA, Medical device

Qualiti.ai, a Utah-based software test automation solution, announced the closing of a $6.5 million Seed round today.

Key Points: 
  • Qualiti.ai, a Utah-based software test automation solution, announced the closing of a $6.5 million Seed round today.
  • Founded by industry veterans Peter West (CEO) and Jeff Handy (COO), Qualiti uses AI to test any software product without human input.
  • Qualiti can be set up in just 15 minutes, after which a full test suite will be created without human effort.
  • With engineers getting near-instant feedback on their applications as they push code, Qualiti will change the way software is developed forever.

Paro Raises $25 Million in Series C Funding to Further Build Enterprise Platform for Finance and Accounting Services

Retrieved on: 
Wednesday, June 14, 2023
Accounting, Professional Services, Fintech, Data Management, Technology, Artificial Intelligence, Data Analytics, Marketing, Human Resources, Communications, Finance, Consulting, Madrona Venture Group, CFOS, Growth, Sierra Ventures, Environment, Management

Paro , a Chicago-based startup disrupting the way companies access on-demand finance and accounting expertise, today announced it raised $25 million in Series C funding to further develop its platform supporting freelance experts and continue its expansion with enterprise clients.

Key Points: 
  • Paro , a Chicago-based startup disrupting the way companies access on-demand finance and accounting expertise, today announced it raised $25 million in Series C funding to further develop its platform supporting freelance experts and continue its expansion with enterprise clients.
  • The funding round was led by Top Tier Capital Partners, with participation from existing investors Madrona Venture Group, Revolution Ventures, and Sierra Ventures.
  • In its next phase of growth, Paro plans to use the funding to continue accelerating business with existing clients while bringing its proven platform to more enterprises seeking strategic finance and accounting services.
  • The company expects continued growth with enterprise clients given the current environment and work-from-anywhere trend.

TraceLink Announces Appointment of George Llado, former Merck and Alexion CIO, to Board of Directors

Retrieved on: 
Thursday, May 18, 2023
National Center for Telecommunications Technologies, Lladó, Senior, Information technology, Temple University, Schering-Plough, Health care, Sierra Ventures, National Center for Women & Information Technology, Supplier performance management, Merck & Co., Alexion Pharmaceuticals, Patient, Supply chain, Alexion, CIO, Growth, Commercial, Rare, Temple University Hospital, Woman, Safety, Fine chemical, Cryptocurrency, Pharmaceutical industry, Management, Pharma, Merck

BOSTON, May 18, 2023 /PRNewswire/ -- TraceLink Inc., the leading digital network platform company enabling end-to-end product orchestration by connecting more than 290,000 entities across the Healthcare and Life Sciences industry, today announced the appointment of George Llado to the TraceLink Board of Directors.

Key Points: 
  • BOSTON, May 18, 2023 /PRNewswire/ -- TraceLink Inc., the leading digital network platform company enabling end-to-end product orchestration by connecting more than 290,000 entities across the Healthcare and Life Sciences industry, today announced the appointment of George Llado to the TraceLink Board of Directors.
  • "After spending more than a decade as a customer that depended on TraceLink's mission critical traceability and serialization solutions," said Llado, "I am delighted to join TraceLink's Board of Directors.
  • In addition to this appointment, he serves on the Board of Charles River Laboratories and The National Center for Women & Information Technology.
  • "George has been an esteemed customer and partner of TraceLink from day one," said Shabbir Dahod, President and CEO at TraceLink.