Category: raises
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Upwind Security raises $100m at $900m valuation
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An Israeli cloud infrastructure security company Security upwindToday it announced that it has completed a $100 million Series B funding round led by Craft Ventures with new investors TCV and Alta Park Capital, in addition to all existing investors including Greylock, Cyberstarts, Leaders Fund, Cerca, and Sheva – which was…
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Israeli cybersecurity co Upwind raises $100m – report
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Upwind, co-founded in 2022 by CEO Amiram Shashar, who previously founded cloud security management company Spot.io, which was sold to NetApp for $450 million in 2020, is raising money at a valuation of $850-900 million, according to reports. TechCrunch”. Israeli cybersecurity company Security upwind It has almost completed a $100…
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Socium raises $5M to become leading HR solution in Francophone Africa
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Socium, an integrated HR management platform based in French-speaking Africa, has secured a $5 million funding round to expand its services and become the go-to HR solution for mid-sized companies in the region. This funding follows a previous $1.1 million round in August 2022, highlighting the company’s rapid growth despite…
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Socium raises $5M to become leading HR solution in Francophone Africa
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Socium, an integrated HR management platform based in French-speaking Africa, has secured a $5 million funding round to expand its services and become the go-to HR solution for mid-sized companies in the region. This funding follows a previous $1.1 million round in August 2022, highlighting the company’s rapid growth despite…
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Israeli data security co Cyera raises $300m at $3b valuation
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Israeli cybersecurity company white The company announced the completion of a $300 million Series D financing round at a company valuation of $3 billion. The round was led by Accel and Sapphire Ventures, with additional participation from Sequoia, Redpoint, Coatue, and Georgian. Cyera has more than doubled its valuation since…
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Wix soars on strong Q3 results, raises guidance
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Israeli website building platform company WEX.COM LIMITED. (Nasdaq: Weeks) reported revenue of $445 million in the third quarter of 2024, up 12.9% from the corresponding quarter in 2023, and non-GAAP net earnings of $89.3 million ($1.50 per share), up 37% from the quarter. The opposite. GAAP net income was $26.8…
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Quiet Capital raises $377 million for new fund: Filing
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As the tech industry grows more optimistic about startup exit prospects thawing, one investment firm appears to be building a war chest of dry powder. San Francisco-based Quiet Capital has raised $377 million for a third fund, according to A Deposit With the Securities and Exchange Commission last week. Quiet…
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Stablecoin company Noble raises $15 million in Series A from Paradigm
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As stablecoins like Tether and Circle’s USDC grow in popularity, more companies are rushing to offer their own versions. This includes Ripple, Revolut and Robinhood, which are said to be planning to offer their own version of digital tokens, which are designed to maintain a fixed peg to a fiat…
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Stablecoin company Noble raises $15 million in Series A from Paradigm
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As stablecoins like Tether and Circle’s USDC grow in popularity, more companies are rushing to offer their own versions. This includes Ripple, Revolut and Robinhood, which are said to be planning to offer their own version of digital tokens, which are designed to maintain a fixed peg to a fiat…
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Israeli cloud management co ScaleOps raises $58m
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Israeli company for automated real-time cloud resource management ScaleOps Today it announced the completion of a $58 million Series B funding round led by Lightspeed Venture Partners, with participation from previous investors NFX and Gillot Capital Partners, and new investor Picture Capital. This brings the total amount raised by the…
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Safaricom raises alarm over turning paybills into tax registries
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Safaricom says it is deeply concerned by the state’s plans to convert mobile payment bills and turn numbers into a tax collection registry to weed out tax evaders and raise revenues by billions of shillings. The telco says the government should be careful not to impact progress on digitizing payments…
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Safaricom raises alarm over turning paybills into tax registries
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Safaricom says it is deeply concerned by the state’s plans to convert mobile payment bills and turn numbers into a tax collection registry to weed out tax evaders and raise revenues by billions of shillings. The telco says the government should be careful not to impact progress on digitizing payments…
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Treasury raises Sh25bn from two November bonds tap sales
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The government raised Sh25.7 billion from its first two bond auctions this month, even as Kenya’s central bank continues to reject high-priced bids in a bid to lower interest rates. The November bond issuance consists of a 15-year note that was initially sold in April 2022, a 10-year note that…
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Treasury raises Sh25bn from two November bonds tap sales
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The government raised Sh25.7 billion from its first two bond auctions this month, even as Kenya’s central bank continues to reject high-priced bids in a bid to lower interest rates. The November bond issuance consists of a 15-year note that was initially sold in April 2022, a 10-year note that…
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Israeli data loss prevention co MIND raises $11m
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Israeli Data Loss Prevention (DLP) company. mind It came out of stealth today and unveiled its platform to enable organizations to protect their most sensitive data. The company also announced that it has raised $11 million in a seed funding round led by YL Ventures with participation from cybersecurity leaders…
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Satoshi Nakamoto Unmasked? PR Agency’s Claim Raises Skepticism
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For more than 10 years, the mystery of Satoshi Nakamoto has captured the attention and fascination of cryptocurrency users and the general public around the world. Satoshi Nakamoto’s white paper on a peer-to-peer electronic cash system became the basis for Bitcoin and has spawned similar projects and developments. However, Nakamoto…
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Satoshi Nakamoto Unmasked? PR Agency’s Claim Raises Skepticism
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For more than 10 years, the mystery of Satoshi Nakamoto has captured the attention and fascination of cryptocurrency users and the general public around the world. Satoshi Nakamoto’s white paper on a peer-to-peer electronic cash system became the basis for Bitcoin and has spawned similar projects and developments. However, Nakamoto…
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Israeli AI software co Verax AI raises $7.6m
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Verax AI develops enterprise-grade software solutions that provide visibility and control of AI in production. Israeli artificial intelligence software company Real artificial intelligence Today, it announced the completion of a $7.6 million seed funding round led by TQ Ventures with participation from Concept Ventures, Cardumen Capital, Seedcamp, InMotion Ventures, and…