Loopin has acquired $820K from Venture Highway, Gumlet, a SaaS company that automates the publishing process for media, has raised $1.6M, Pendo has raised $150M in Series F at a $2.6B valuation, Yoco has raised $83M (R1.23 billion) in a Series C funding, Google has announced Google Cloud Retail Search, Atos, a global leader in digital transformation, has acquired Nimbix, Wiliot has raised $200M in Series C funding and DataRobot has raised $300M in Series G funding.
Show Notes
Loopin, a SaaS company, has acquired $820K from Venture Highway in a seed round. The additional cash received in this round will be used to grow the staff and develop the platform. Loopin is a calendar-based productivity application designed for professionals.
Gumlet, a SaaS company that automates the publishing process for media, has raised $1.6M in a funding round led by Sequoia Capital India’s Surge. Gumlet enables developers worldwide to scale and optimize their pictures and videos to fit the device or browser of the end-user.
Pendo has raised $150M in Series F at a $2.6B valuation to help companies deliver software that meets customer expectations. The company has also reached $100M in Annual Recurring Revenue (ARR). It plans to further its aggressive global expansion using the proceeds from the funding.
Yoco has raised $83M (R1.23 billion) in a Series C funding round led by Dragoneer Investment Group to accelerate product development. It aspires to move beyond South Africa and help one million merchants in the next four years using its services.
Google has announced Google Cloud Retail Search, a new tool aimed at helping merchants enhance their e-commerce systems’ product search capabilities. Retail Search is a fully managed service that complements Google’s Retail Product Discovery Solutions.
Atos, a global leader in digital transformation, has acquired Nimbix, high-performance computing (HPC) cloud platform provider. The combined solution, which incorporates multi-cloud bursting and hybrid capabilities, boosts self-service and automation and enhances Atos’ capabilities.
Wiliot has raised $200M in Series C funding led by SoftBank Vision Fund 2 to accelerate its mission of creating a new IoT era where intelligence and connectivity are brought to trillions of products that move the global supply chains.
DataRobot has raised $300M in Series G funding and announced its acquisition of Algorithmia. The company said that the funding alongside the acquisition would bolster its augmented intelligence platform and help extract value from AI better and faster, and allow customers to run machine learning models reliably.
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