Andela, a company building distributed engineering teams with Africa's software developers, completed a $100 million Series D funding round led by Generation Investment Management, with participation from existing investors Chan Zuckerberg Initiative, GV, Spark Capital, and CRE Venture Capital. The most recent financing brings Andela's
Appvance.ai, an inventor and provider of AI-driven test automation software, secured $5 million in Series B funding. The company has raised a total of $12 million to develop and deploy its AI-driven test technology across the world. Designed to help engineering teams make application testing
Hyperconverged analytics software company Incorta announced a $15 million funding round by M12, Microsoft’s venture fund (formerly Microsoft Ventures), and Telstra Ventures. Traditional data warehousing uses complex star schemas and extracting, transforming, and loading ETL pipelines to reshape source data – a cumbersome, costly, and
JFrog, a universal DevOps technology leader, closed a $165 million Series D funding round led by Insight Venture Partners. Co-founder and managing director Jeff Horing will join JFrog's Board. JFrog offers an end-to-end, universal, highly-available software release platform for storing, securing, monitoring, and distributing binaries
AI software startup CoLabs acquired $4 million in seed-stage funding and unveiled its inaugural product, IntelAgree. Early investors in CoLabs include business leaders who supported the founders' previous SaaS venture, eStaff365. The company’s mission is to develop software products that use machine learning and artificial intelligence
Enterprise lease accounting software vendor LeaseAccelerator received a $30 million Series B investment from Insight Venture Partners, a New York-based venture capital and private equity firm. In conjunction with the financing, Peter Sobiloff, Insight Venture Partners’ managing director, will join the board, and senior associate
The KELA Group, an Israel-based provider of advanced cyber intelligence software and solutions, announced a $50 million equity investment from San Francisco-based Vector Capital. Founded in 2009 by Israeli intelligence veterans from Unit 8200 and its associated R&D units, KELA provides advanced cyber intelligence software
Cloud-based online software company Namogoo acquired $15 million in a Series B funding round led by Hanaco Venture Capital, whose general partner, Alon Lifshitz, will join the Namogoo board. Existing investors GreatPoint Ventures, Blumberg Capital, and Inimiti Capital also participated in the round. According to
tend.ly, a cloud software platform for senior care and child care providers, secured $1 million in seed funding. The round was led by influential entrepreneurs and investors Mike Simmons (managing director, Jupiter Peak, LLC), Scott McCorkle (Former CEO, Salesforce Marketing Cloud), Eric Tobias (partner, High
IVP announced its investment in Humu, a behavioral change software company designed to help people increase productivity through proprietary technology rooted in science and machine learning. IVP is the lead investor in a $30 million Series B round of financing. "As an investor, it’s rare