Xactly, a provider of cloud-based incentive solutions, has named finance leader Elizabeth Salomon as its new chief financial officer. Most recently, Salomon was CFO at Cherwell Software, where she was responsible for managing finance, accounting, and facilities. She also served as CFO for Marshall &
Ipreo, a global provider of workflow solutions and market intelligence to financial services and corporate professionals, hired Michael Wood as managing director, global head of sales, account management and client success. Wood joins Ipreo from Bloomberg, with over 17 years of experience managing global sales teams
Maxwell Financial Labs acquired $3 million in financing, led by Anthemis Group, with participation from Route 66 Ventures and Assurant. Maxwell’s intuitively-designed platform empowers mortgage lenders by intelligently automating their workflow with homebuyers and real estate agents. The funding will be used to further increase the company’s
Photo sharing social network Instagram launched a standalone messaging app called Direct for Instagram. According to the Verge, Direct for Instagram is available on Android and iOS in six countries: Chile, Israel, Italy, Portugal, Turkey, and Uruguay.
Prevoty, a provider of web application security-as-a-service, closed $13 million in Series B financing, led by Trident Capital Cybersecurity. U.S. Venture Partners also participated in the round. Prevoty's proprietary technology allows enterprise clients to embed security within web applications, providing a personalized, configurable solution
PerceptIn, a full-stack visual intelligence company, announced the completion of $11 million in Series A financing. Three investors participated in the round: Samsung Ventures, Matrix Partners, and Walden International Ventures. The company’s core technology, which is focused on visual intelligence, is used in devices in a
Feature management platform provider LaunchDarkly closed $21 million in Series B financing from Redpoint Ventures and Vertex Ventures. According to the company, the LaunchDarkly platform serves 10 billion feature flags daily to eliminate risk in the software development cycle. Feature flagging is the industry best practice
Boston, Massachusetts-based agriculture company Indigo announced it has acquired $47 million in financing led by Investment Corporation of Dubai. Indigo seeks to reform how wheat, soybeans, cotton, and corn are grown around the world by focusing on microbes that have evolved in conjunction with plants over
PatientPay raised $6 million in financing, led by Teaghlach Family Office. Esping Family Foundation and Mosaik Partners also participated. PatientPay’s payment solutions for patients, medical groups, hospitals, and revenue cycle management groups feature products and services designed to give patients a way to manage their
Fetch Robotics acquired $25 million in Series B financing, led by Sway Ventures, with participation from O'Reilly AlphaTech Ventures, Shasta Ventures, and SoftBank Group. Fetch Robotics develops and manufactures collaborative, autonomous mobile robot solutions for the warehousing and intralogistic markets. Headquartered in San Jose, California, the