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SOFTWARE FUNDING



Date: 31st Dec 2020


Byju s, Zomato corner bulk of startup funds in pandemic year
Funding in startups fell sharply in 2020 as the such as edtech, beauty and fashion, software-as-a-service (Saas) and payments.


Zenoti Joins India s SaaS Unicorn Club With $160 Mn Funding
Spa and salon software startup Zenoti Software has raised $160 Mn in a Series D funding round making it the first vertical software-as-a-service


North Texas Inno Tracking the deals: The DFW tech and
Software development company Sigmetrix announced receiving a grant through the fund to relocate its HQ within the city to a new 5,200 square-


Amazon to fund software developers in new GitHub program
are among those joining a new GitHub program that will let companies directly fund open-source projects and software developers that are key to


Investors Say These Enterprise Software Sectors Will Likely
Venture funding for SaaS and enterprise software and applications companies in the U.S. dropped from $24.5 billion in 2019 to $22.7 billion.
GenomeWeb
Life Sciences Software Company Nference Completes $60M
NEW YORK – Biomedical software developer Nference said on Tuesday that it has completed a $60 million Series C funding round. The round


Awards 2020: The Joke Startup With $31 Million In Funding too, with SolarWinds, an Austin-based networking software company, hacked
HPCwire
Graphcore Raises $222M in Series E Funding Round
This investment brings the total funds raised by Graphcore to more than such as GPUs, a powerful set of software tools that are tailored to the
Software Maker ClickUp Reaches $1 Billion Value in Funding Round
productivity software startup ClickUp was valued at $1 billion in a $100 million investment, roughly five times its valuation in a funding round


Healthcare analytics software firm LeanTaaS lands $130M
announced a massive $130 million funding round today at a time when its business is seeing strong growth. The Series D round, which was led


[Funding alert] SaaS startup LeadSquared raises Rs 240Cr in Series B round led by Gaja Capital
LeadSquared plans to utilise the funds for global expansions and continued to delivering software-as-a-service (SaaS) products to the world.


Kevin Owocki: How DeFi Degens Are Funding the Next Wave of Open-Source Development
Open-source software is the foundation of our digital infrastructure and the equivalent of a public good in the digital world. In the blockchain world,


[Funding alert] Global developer blogging community Hashnode raises $2.1M led by Sequoia Capital India s Surge
[Funding alert] Global developer blogging community Hashnode raises $2.1M led by The cost of running the software also keeps increasing.


Clinical informatics company raises $21.5m to fund tech
Ovation.io will harness the funding to develop software and data products supporting drug discovery and development, creating diagnostics


Pine Labs raises $75-100 million in fresh funding at $2 billion valuation
Amrish Rau, the CEO of Pine Labs told ET that the fresh funding will be fintech globally, including the integration of software and payments at


Glance Turns Unicorn In Under Two Years With Funding From Google
Glance, owned by adtech unicorn InMobi, has received a $145 Mn investment from Google and existing investor Mithril Capital. Glance owns


Leo Capital leads seed funding in LOGIQ
Logiqai Software India Pvt Ltd, which operates artificial intelligence (AI)-based observability platform LOGIQ, has raised $1.8 million (Rs 13.2


Boston Dynamics robots pull stunning dance moves in new video to wish you Happy New Year
brilliant robots have showcased what dog-like and human-like robots can do with multi-part agility and proper guidance (software, of course).


MyClassboard raises Rs 4.5 crore funding from ICICI Bank
Its school software includes features such as fee collections, admissions, gradebook, HR and payroll, transport management, school-parent


[Funding alert] Dailyhunt turns unicorn with $100M-plus funding from AlphaWave, Google, Microsoft
VerSe Innovation, the parent company of Dailyhunt, the Indian languages discovery platform, has raised more than $100 million in funding at a


VC funding in solar 2020: perovskites, silicon and utility-scale
VC funding in solar 2020: perovskites, silicon and utility-scale foundations, plus lots of software. Here s a list of solar firms that VCs funded during


[Funding alert] Agritech startup qZense raises Rs 4.5 cr in seed round led by Venture Catalysts
Its software platform offers two products to ensure an effective and seamless delivery of service. The Q-Scan is a handheld scanning device for


Startup Funding: November 2020
The company says the platform, along with its software-programmable edge infrastructure, will allow enterprises to use private networking to


[Funding alert] Info Edge Ventures raises Rs 375 Cr from Temasek as part of Rs 750 Cr fund
The fund, which was launched in January 2020, focuses on investments in early-stage technology startups in India. Clap Icon 0 claps. +0.


[Funding alert] OnePlus Co-founder Carl Pei raises $7M for new venture
Carl Pei had co-founded OnePlus, which now ranks among premium smartphone companies, in 2013. He quit OnePlus in October this year.


FinSMEs
Grin Raises $10M in Funding
-based influencer marketing software platform for direct-to-consumer (DTC) brands, closed a $10m Series A funding. The round was led by e.


Jindal Stainless (Hisar) to merge into group company Jindal Stainless


Making WFH productive & efficient: Tech firms roll out special integrated solutions for those working remotely
The special integrated package includes a unique combination of multi-functional printer, interactive touch panels, Dynabook laptops, software


Vivo X60 Pro, X60 launched with Samsung Exynos 1080 processor, ZEISS cameras and 5G
Rounding off the package is Android 11-based OriginOS software, 32MP selfie camera, 33W fast wired charging and 5G connectivity. Get live
Staffing Industry Analysts
Online platform for hiring remote software developers
manage remote software developers, announced a $32 million Series B funding round. The Palo Alto, California-based firm says its software


Fluence, the energy storage systems developer, is now worth over $1 billion after QIA investment
With the new cash, Fluence will look to develop and acquire software of the One Planet Sovereign Wealth Fund Initiative, QIA is a multi-billion


Wolters Kluwer enhances end-to-end user experience for latest PPP funding through TSoftPlus software and eOriginal platform
Wolters Kluwer enhances end-to-end user experience for latest PPP funding through TSoftPlus software and eOriginal platform. Read full article.


Spryker among fastest-growing enterprise commerce software
Funds to expand its own tech tools. Founded in 2014 by Alexander Graf and Boris Lokschin, Spryker closed a round of $130M (nearly £96M)


23andMe raises $82.5 million in new funding
23andMe s business is based on its distribution of individual home genetic testing kits, which provide customers with insights about their potential


What is the Nasdaq? How to understand it and why it s influential
The easiest way for individual investors to participate in the Nasdaq s volatile but high-performing stocks is via index funds. Visit Business
Modern Materials Handling
OSARO, a provider of machine learning software for industrial automation, has closed a Series B funding extension of $7.5 million, with


Several Realme phones get a taste of Android 11 via early access program
Since this is early access software, users will have to sign up to receive the update. If you have a compatible phone and are interested in testing


Unacademy ends 2020 with year s fifth acquisition; buys NeoStencil to strengthen test prep stronghold
Unacademy was catapulted to the unicorn club in September this year following a $150 million funding round led by SoftBank that valued at


The Funded: This year s VC funding already tops all of last year s
It was joined by Founders Fund, Susa Ventures, Navitas Capital and led the Series A funding of this provider of management software for


2020 year in review: Risk investors pour $9.3 billion into Indian startups despite Covid-19 woes
Although the number of funding rounds fell to its lowest in five years in Consumer healthcare, SMB SaaS (Software-as-a-Service), fintech,


Adapdix secures $8M Series A funding to accelerate growth of
Adapdix s EdgeOps™ is a software-only solution that combines advanced artificial intelligence and machine learning (AI/ML) analytics with a


Apple s lawsuit against Corellium has been partly thrown out
Back in August of last year Apple filed a lawsuit against the virtualization software company Corellium, arguing that the product infringed its


Hibob raises $70M for its new take on human resources
Productivity software has been getting a major re-examination this year, and has picked up $70 million in funding at a valuation that reliable


PayPal-backed fintech start-up Tink valued at more than $800 million after fresh funding
Tink, whose software lets banks and fintech firms access banking data to create new financial products, raised 85 million euros in fresh funding


Summize secures addition GBP1m in funding round led by NPIF
provider of software for the legal sector Summize has secured an additional GBP1 million investment in a funding round led by NPIF – Maven


Online boost: Retail payments pick up 20%


In the money Dec. 14: Nearly $5M raised for software, whiskey, crypto-assets


Paris-based Lydia lands €70 million Series B extension to
The total Series B funding round now sits at around €107 million, making it one of the largest rounds ever raised by a French fintech. Founded


Lithuanian gaming marketplace Eneba scored €6.55 million in
The fresh capital of this current funding round will help the young company to accelerate this growth even further. Žygimantas Mikšta, the


Intel Up as Hedge Fund Third Point Urges Review of Alternatives
Shares of Intel (INTC) Get Report rose Tuesday after hedge fund Third Earlier in December, shares of Intel fell after software giant Microsoft
State Street Joins S&P to Fund Crypto-Assets Software Firm
participated in a funding round for Lukka Inc., giving a boost to the U.S. cryptocurrency software and data provider that s already working on a


CISA Tells Federal Agencies to Update SolarWinds Software ASAP
The SolarWinds attack is the largest of its kind against the U.S. government in years. The company sells networking software called Orion that


Iron Pillar makes maiden investment in CoreStack from new fund
The new fund is targeting growth stage cloud software companies. CoreStack had raised $8.5 million in Series A funding in March led by


North Texas Inno Follow the money: The top startup funding
In October, investment deals brought the total amount of funding in the a cloud-based business management software company, has been


Ramp raises $30M as the battle to own corporate spend heats up


AutoLeap Shop Software Raises $8 Million in Funding | 2020-12-16
Dec. 16, 2020—AutoLeap, a Toronto-based startup, has secured $8 million CAD in seed round funding for its automotive repair shop software,


Elon Musk: Teslas delivered in final days of 2020 get free self-drive
Elon Musk promises 3 free months of Tesla s self-driving software for vehicles delivered in the final 3 days of 2020. Tyler Sonnemaker. 16 hours


Accredit Solutions wins funding to roll out pandemic response
International software and accreditation experts, Accredit Solutions, has by the UK s Sustainable Innovation Fund to complete development of


Software inside the phone is Xiaomi s MIUI 12.5 which is based on Android 11. For photography, the Mi 11 has a 108MP main camera with OIS,


Fast-growing Qualtrics files to go public at valuation of up to $14.4B


COVID-19 Relief Bill Provides Funding to Small Businesses
covered operating costs such as software and cloud computing services and accounting needs. Forgiveness Application Process: The Bill creates


Best iPad to get in 2021: iPad Air 2020 vs. iPad Pro 2020 vs. iPad 2020 vs. iPad Mini 2019


Minister Harris announces €5.8 million in funding for
The fund has a strong focus on building the digital infrastructure of community education providers, including providing devices and software,
Firebolt launches with $37 million in funding to redesign the
Firebolt launches with $37 million in funding to redesign the cloud data by vast digitization and the largest software public offering in history.


Madrona Venture Group raises $345M for 8th fund, its largest ever, and $165M for 2nd later-stage fund
Madrona reeled in $345 million for its eighth fund — money that it will use learning and life sciences; next-generation software infrastructure;


LG Wing receives system update with new screen-swapping features
The update has a software version of F100VM10d, and even though we re nearly in January, only the November 2020 security patch level is


SingleStore Nabs $80M Series E Funding, New Partnership
SingleStore has secured $80 Million in Series E funding, according to a compatibility with existing middleware, integration, and BI software.


Traders body CAIT to FM Sitharaman: Defer Rule 86B in GST to ease compliance burden
to update whereas on the other hand traders have to depend upon software providers to include the amendments, the association said.


Grayscale Announces $19 Billion in AUM Milestone
Grayscale Investments, a digital asset management firm that offers retail investors the ability to invest in crypto via listed funds, revealed on


EarlyBird s new app lets families and friends gift investments to children
These accounts typically allow a parent, aka the “custodian, to invest in stocks, bonds, mutual funds and other securities on behalf of the minor


Manchester software provider secures additional £1m funding
Summize, a Manchester-based developer and software provider for the legal sector, has secured an additional £1m investment in a funding


Xiaomi Mi 10T, 10T Pro getting December 2020 security patch
You can try your luck by manually checking the software update on your device. Just head over to the device Settings > About Phone > Check


Atlassian brings new DevOps metrics to Jira Software Cloud
Atlassian is adding four new features to its Jira Software Cloud in order to give DevOps teams more ways to visualize and measure progress.


Highland Europe launches €700 million fund for growth-stage
The VC is already building on its track record of investing in consumer tech brands and software companies such as Brandwatch, ContentSquare,


Tesla software update allows owners to change their horn sound
Tesla CEO Elon Musk recently tweeted something interesting about the latest Tesla software update. According to the tweet, Tesla vehicle


Voi Technology Raises $160 million in New Funding Led By
In connection to the funding, Voi has secured the industry s first As Voi adapts and develops hardware and software, riders benefit from


Implementing Security on All Edges
Organizations not only need to secure and manage both hardware-defined and software-defined perimeters, but also maintain security as


AI Hospital Startup Olive Valued at $1.5B After Latest Funding
Olive s software is used by over 600 hospitals across the United States. Its AI software strives to make healthcare operations more efficient and


Eta Compute Closes $12.5 Million Series C Funding Led By
funding, we will now be able to expand our available market, grow design wins and accelerate the introduction of new modules and software


DronePrep secures £30k funding to develop software for
DronePrep has secured £30,000 funding to develop software that helps commercial drone operators understand low-level airspace


Highland Europe Announces Partner Promotions and a New
Growth funding deficit . Scaling software businesses to become global leaders requires expertise, insight and capital. Europe s tech companies


Simplex Named Principal Member of Visa in Europe
According to Simplex, the approval represents a “pivotal move-in enabling digital currency users the ability to access their funds for everyday


Salesforce acquires Slack for over $27 billion, marking cloud software vendor s largest deal ever
The company announced on Tuesday that it s buying chat software including at Salesforce, and attracted funding from Google s venture arm


Prosecutors seek 9-year prison term for Samsung chief Lee
racehorses used by Choi s equestrian daughter and fund a winter sports foundation run by Choi s niece should also be considered bribes.


SpaceX in Talks for New Funds and $92 Billion Valuation: Report


Polkadot Surges After Binance Home Page Listing, $10M Endorsement
1 cryptocurrency by market capitalization briefly surpassed $28,000 on Sunday, according to Mable Jiang, principal at crypto hedge fund


Their Venture Fund Was A Sign Of A Bubble. Then They Turned $1.9 Million In DoorDash Into $440 Million
Their Venture Fund Was A Sign Of A Bubble. Labs, a company providing software for designing analog circuits that was acquired in 2008.


From food parcels to raising funds: seven times Rachel & Siya Kolisi helped SA in times of need
Over the past few months, the foundation has provided food to those affected the most by the pandemic and raised funds for a paralysed Cape


Snap announces $3.5M fund directed toward AR Lens creation
Snap today announced a new 2021 fund of $3.5 million that will be software and revealed that Lenses made by the Snapchat community


ShipMonk Raises $290 Million in Growth Equity Funding to
ShipMonk s inventory management software, automation technology and multi-channel order fulfillment solutions are designed to help growing


AirPods Max Noise Cancelation in Only One Side? Here s How to Fix It
Activist hedge fund Third Point LLC is pushing for a major shakeup at Intel in response to threats from Apple, Microsoft, Amazon, AMD, TSMC,


Looking back at COVID s impact on 2020
avirus funds for smaller hospitals. Rural areas are likely to need more support and resources to weather the next stage of the pandemic.


Scandal-battered utility now faces specter of pricy lawsuits
The company is accused of secretly funding a $60 million bribery scheme aimed at winning a $1 billion legislative bailout in 2019 for two Ohio


CARES Act funding won t cover Iowa s accounting software upgrade
CARES Act funding won t cover Iowa s accounting software upgrade. Iowa Gov. Kim Reynolds (John Pemble / Flickr)


For Tony Fadell, the future of startups is connected and sustainable
“We span these gaps from the atoms to the electrons (software) and we try to fit those systems together, Fadell said. That thesis applies to the


SolarWinds says fewer than 18,000 customers installed
Software provider SolarWinds stated on Monday that fewer than 18,000 of its customers are thought to have downloaded a compromised


NTPC mulls JV with NIIF to set up renewable InvIT; alliance likely for power distribution business too
NIIF manages over $4.3 billion of equity capital commitments across its three funds —Master Fund, Fund of Funds, and Strategic Opportunities


Apple s Mac Mini is killing my Hackintosh


China s adaptive robot maker Flexiv raises over $100 million
It plans to monetize by selling robots, licensing software, and providing after-sale services. The challenge then lies in finding partners and