Deskpro, the pioneering provider of advanced help desk solutions, announced the successful closure of a $25 million Series A funding round led by Elsewhere Partners. This strategic investment marks a pivotal moment for Deskpro as it gears up to meet burgeoning demand for its cutting-edge customer service management platforms. The funding infusion is earmarked to…
Infotech®, a pioneer in infrastructure construction software solutions, has announced its acquisition by Diversis Capital Management, LP, a prominent private equity firm specializing in software and technology-enabled services. Founded in 1977, Infotech has played a pivotal role in the infrastructure sector, notably as the contractor for AASHTOWare Project™. This acquisition marks a strategic move to…
Levitate, Levitate, the acclaimed SaaS provider renowned for its ‘Happiness Platform’ tailored for relationship-driven enterprises, has successfully concluded its Series D funding round, securing $15 million. This new influx of capital, led by Harbert Growth Partners, Northwestern Mutual Future Ventures, and Bull City Venture Partners, will enable Levitate to enhance its innovative offerings and extend…
Vecna Robotics, a trailblazer in flexible material handling automation solutions, has announced the successful closure of its Series C funding round, securing an impressive $100 million. This financing, comprising $40 million in equity and debt, marks a significant milestone for the company, nearly doubling its valuation from previous rounds. Investors backing this round include Tiger…
In the heart of Vilnius, a nascent cybersecurity firm named CBRX is quietly placing a bold bet: that the shifting dynamics of cyber threats, coupled with the rising pressure on managed service providers (MSPs), will create fertile ground for its AI-driven “SOC in a box” platform. With a fresh €540,000 pre‑seed raise, the startup is…
Feon Energy, a pioneering startup specializing in advanced battery electrolytes, has announced the successful closure of a $6.1 million seed funding round aimed at advancing next-generation battery innovations. Led by Fine Structure Ventures and joined by prominent investors including Eight Roads, Foothill Ventures, MassVentures, EPS Ventures, and Valkyrie Fund, this funding will fuel Feon’s efforts…
In a significant leap forward for the AI audio transcription industry, Gladia has announced the successful completion of a $16 million Series A funding round. This infusion of capital will propel the company’s mission to evolve from a speech-to-text API provider to a comprehensive audio infrastructure leader, catering to diverse applications such as contact center…
In a strategic move to bolster its presence in the North American transportation sector, RXO (NYSE: RXO) has announced its definitive agreement to acquire Coyote Logistics from UPS for $1.025 billion in cash. This acquisition is set to propel RXO to the forefront as the third-largest provider of brokered transportation in the region, significantly enhancing…
Movate, a prominent provider of digital technology and customer experience (CX) services, has appointed Chris Condon as Executive Vice President (EVP) and Chief Revenue Officer (CRO) for CX Transformation. Condon, with over 25 years of expertise in CX and technology solutions, joins Movate from TTEC, where he held key leadership roles in sales and operations….
Gambit Cyber, a fast-emerging player in AI-native preemptive cybersecurity, has raised $3.4 million in Seed funding to accelerate the development and global expansion of its continuous threat exposure management (CTEM) platform. The round was led by Expeditions, a prominent early-stage investor focused on European security innovation, with participation from Bitdefender Voyager Ventures, the investment arm…
