Security company Hexadite announced that it has been acquired by Microsoft for $100 million. Hexadite is changing the management of cyber incident response with the first fully automated solution that enables organizations to investigate every cyber-alert and close-out incidents in minutes, even seconds.
Fintech startup Merlon Intelligence announced the close of $8 million in seed financing. Four investors contributed to the round: Data Collective, Fenway Summer Ventures, Nyca Partners, and Work-Bench Ventures. Merlon enables major financial institutions to identify and manage risk and minimize money laundering.
Enterprise IT startup Intelledox closed $3 million in financing from Ellerston Capital. Using responsive web design, Intelledox Infiniti is a digital transformation platform that helps companies rapidly develop and deliver mobile-ready business processes. In its announcement, the company said Intelledox will use the financing for global expansion,
Fastly closed $50 million in financing. Seven investors participated in the round: Sorenson Capital Partners, Sapphire Ventures, ICONIQ Capital, Amplify Partners, August Capital, O'Reilly AlphaTech Ventures, and IDG Ventures. Founded in 2011, Fastly helps the world’s most popular digital businesses deliver fast, secure, and scalable online
On-demand logistics solution startup Quiqup announced the completion of $26 million in Series B financing. Two investors contributed to the round, including Jobi Capital. Founded in 2014, Quiqup is a London-based startup offering on-demand, short distance logistic solutions. The company is already working with Burger King and
Healthcare and fintech startup HealthFirst Financial announced the close of $70 million in debt financing. Four institutions contributed to the round: Umpqua Bank, Columbia Bank, Opus Bank, and Pacific Continental Bank. HealthFirst Financial partners with healthcare providers to help patients access healthcare affordably while minimizing bad debt
Mavin announced it has secured $3 million in Series A financing. Mousse Partners and Montane Ventures participated in the round. Mavin provides mobile Internet strategic leadership for emerging markets. Built by a team of former Google and Microsoft engineers and product experts, Mavin creates business
Outreach completed $30 million in financing. Seven investors contributed to the round, among them DFJ Growth, Mayfield Fund, MHS Capital, Microsoft Ventures, Trinity Ventures, and Four Rivers Partners. Outreach is an enterprise communication platform for sales. The company’s mission is to empower sales organizations with repeatable
Trove announced the close of $8 million in financing. Two investors contributed to the round, among them Greylock Partners. Trove is a storage service that allows customers to schedule pickups and deliveries online. Trove partners with experienced professional movers who prep, pack, and move users’ items
Consumer startup Discuss.io closed $4 million in financing from an undisclosed investor. Discuss.io makes it easy to conduct consumer interviews. Online focus groups and in-depth interviews deliver real-time qualitative insights for brands and agencies of all sizes and budgets.