Freshworks is planning an initial public offering (IPO) in the United States that could raise $912 million, BitSight will acquire VisibleRisk, SpotOn has raised $300 million in Series E fundraising,JFrog acquires Upswift to provide a single pane of glass for DevOps engineers and developers to securely manage the complete device software release cycle, Cloud directory platform JumpCloud raised $159M in Series F at a valuation of $2.56B from Sapphire Ventures and others, Copado, a development and operations (DevOps) platform that enables digital transformation on Salesforce and SaaS clouds, attained the unicorn status, raising $140 million in Series C from Insight Partners, Tenable enters a definitive agreement with Accurics to acquire the latter for $160M in cash, LevaData raises $47M in a Series C funding round, EverAfter, a no-code collaborative platform, has announced that it has raised $13 million in a seed funding round co-led by TLV Partners and Vertex Ventures and Guggenheim Investments led a $30M Series A financing for cloud workload protection platform Rezilion.
Show Notes
Freshworks, a SaaS customer interaction solutions provider, is planning an initial public offering (IPO) in the United States that could raise $912 million. Freshworks claims to have over 52,000 customers and generated $308 million in revenue last year, a 40% increase despite a $10 million net loss.
BitSight will acquire VisibleRisk, a Moody’s and Team8 cyber risk ratings joint venture, and Moody’s will invest $250 million in BitSight. BitSight’s ability to analyze and evaluate a company’s financial exposure to cyber risk has been enhanced by the purchase of VisibleRisk.
SpotOn, a provider of integrated software and payment solutions, has raised $300 million in Series E fundraising, valuing the firm at $3.15 billion. SpotOn will be able to quickly expand its presence in the middle market due to the acquisition.
JFrog acquires Upswift to provide a single pane of glass for DevOps engineers and developers to securely manage the complete device software release cycle, reduce the deployment time and operational pain.
Cloud directory platform JumpCloud raised $159M in Series F at a valuation of $2.56B from Sapphire Ventures and others. It came at a time of rapid growth, fueled by its cloud directory and delivery of innovations that expand the number of use cases of IT and other teams.
Copado, a development and operations (DevOps) platform that enables digital transformation on Salesforce and SaaS clouds, attained the unicorn status, raising $140 million in Series C from Insight Partners at a valuation of approximately $1.2 billion to expand its end-to-end DevOps solution.
Tenable enters a definitive agreement with Accurics to acquire the latter for $160M in cash. Accurics’ solutions will integrate with Tenable.io® Container Security and Tenable.io Web Application Scanning and extend Tenable’s broader cloud strategy.
LevaData raises $47M in a Series C funding round. It plans to invest in improving its integrated platform capabilities, strive towards a deeper physical presence in key global markets and enable the creation of new jobs.
EverAfter, a no-code collaborative platform, has announced that it has raised $13 million in a seed funding round co-led by TLV Partners and Vertex Ventures. Other participants include angel investors Benny Shneider, Zohar Gilon, and Amit Gilon.
Guggenheim Investments led a $30M Series A financing for cloud workload protection platform
Rezilion. The funds will be used to accelerate Rezilion's go-to-market strategy, including collaboration with other DevSecOps solution providers.