Electric, a chat-based, real-time IT support solution for small and mid-sized companies, secured $25 million as part of a Series B financing round led by GGV Capital with participation from existing investor Bessemer Venture Partners. To date, Electric has raised $38 million. With this additional funding,
Artificial intelligence-based IT business analytics provider Numerify completed a $27.5 million funding round led by DAG Ventures, with support from existing investors Lightspeed Venture Partners, Sequoia Capital, and Tenaya Capital. According to the company, it has doubled its software subscription bookings and expanded its enterprise
QuickStart, an IT skills training company known for its cognitive learning platform, secured $2 million in funding from California-based investment firm Moneta Ventures, as well as Texas-based investment firm Sattar Ventures. QuickStart originated as a carve-out from 360training that adapted into a cognitive learning platform in
CareWorx, one of the top 50 global managed service providers (MSP) and a market leader in senior care technology solutions, today announced it has closed a $17 million round of funding from California-based Kayne Partners. CareWorx, founded in 2006, provides a suite of managed services
Luminate Security today emerged from stealth and announced a total of $14 million in combined Series A and seed round funding. Luminate is backed by U.S. Venture Partners and Aleph Venture Capital, along with the ScaleUp program of Microsoft for startups. Luminate was founded in January,
Moogsoft, a leading provider of artificial intelligence for IT operations (AIOps), today announced $40 million in Series D funding led by Goldman Sachs Growth Equity, with participation from existing investors, including HCL, Northgate Capital, Redpoint Ventures, Singtel Innov8, STTelemedia and Wing VC. According to the
Tilson Technology Management acquired $1.5 million in Series D financing from Rand Capital. Tilson is an information technology professional services and network construction company that provides wireless site acquisition, construction, and maintenance for cellular, smart grid, and government entities. It specializes in fiber optic engineering, permitting,
Inflect announced it brought in $3 million in seed financing. According to the company, Inflect’s free platform delivers the most accurate and reliable data on IP transit, colocation, IaaS, and managed hosting/infrastructure, providing companies with the colocation and network details they need to map out all
According to a recent SEC filing, enterprise IT startup Intervention Insights raised $4.2 million in financing from an undisclosed investor. Intervention Insights, located in Waltham, Massachusetts, is a health information services company that helps community oncologists incorporate molecular oncology into their practice. The company enables oncology
Infrastructure startup ROOT Data Center completed $90 million in financing from Goldman Sachs. Founded in Montreal, ROOT Data Center specializes in next-generation colocation with deployment speed, energy efficiency, and power density solutions. The company’s goal is to enable IT organizations to outperform their competitors. This funding