Tekion, a pioneer in cloud-native solutions for the automotive retail sector, has announced a significant milestone with the securing of $200 million in growth equity from Dragoneer Investment Group. This latest infusion of capital elevates Tekion’s valuation to over $4 billion, underscoring its position as a leader in transforming the traditional automotive retail landscape. Founded…
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…
Varicent, a leading provider of sales performance management (SPM) software, has announced a significant strategic investment aimed at accelerating its innovation in the SPM sector. The funding round, led by Warburg Pincus with participation from Great Hill Partners and Spectrum Equity, underscores Varicent’s pivotal role in transforming how businesses optimize their sales operations. Founded on…
Berlin, Germany – In a bold move towards revolutionizing how companies navigate the intricate web of carbon pricing regulations, Berlin-based startup kolum has secured €2.1 million in pre-seed funding. This significant investment, led by FoodLabs, aims to bolster kolum’s cutting-edge software solution designed to streamline compliance with the EU’s Carbon Border Adjustment Mechanism (CBAM). Introduced…
Lekko Technologies Inc., founded by former Uber engineer Konrad Niemiec, has officially launched from stealth mode, backed by a robust $4.5 million seed funding round led by Addition and LUX Capital, alongside BoxGroup, SV Angel, and Abstraction Capital. Angel investors including tech luminaries Thomas Chen and Julianna Lamb further underscore the company’s emergence as a…
Ciphix, a Rotterdam-based hyperautomation specialist, has solidified its position as a key player in Europe’s tech landscape with the acquisition of Bizzomate, a leading provider of low-code software solutions based in Limburg. This strategic move underscores Ciphix’s ambition to lead the hyperautomation sector across the continent. Koen Mallee, CEO of Ciphix, highlighted the significance of…
Viio, a pioneering force in software license management, has secured an impressive €3.3 million in funding to propel its innovative platform to new heights. This funding round, led by North Ventures and backed by prominent industry figures including Christian Kromann and Klaus Holse, marks a significant endorsement of Viio’s mission to streamline software expenditure across…
Payabli, a trailblazer in the realm of payments infrastructure tailored for software companies, has successfully closed a Series A funding round totaling $20 million. Led by QED Investors and supported by existing investors TTV Capital, Fika Ventures, and Bling Capital, this investment underscores Payabli’s rapid ascent in the fintech sector amidst a staggering 340% revenue…
Bright Machines, a pioneer in intelligent, software-defined manufacturing, has announced a significant milestone with the closing of a $126 million Series C funding round. The financing, led by funds managed by BlackRock and with contributions from industry giants including NVIDIA, Microsoft, Eclipse, Jabil, and Shinhan Securities, along with venture debt from J.P. Morgan, underscores the…
