Cumulus Digital Systems raises $8 million to expand data monitoring for industrial facilities

Massachusetts-based SaaS startup Cumulus Digital Systems, whose cloud platform monitors industrial data for quality assurance, will announce an $8 million funding round later today. Cumulus plans to use this money from GEC to advance its platform with additional connected-tool integrations and advanced data analytics for failure prediction. Once the company builds its primary tech stack, […]

Lumiata raises $14 million to predict health care costs and outcomes with AI

Lumiata, a company providing AI-powered predictive analytics for managing health care costs, has raised $14 million. The company says it’ll use the funds to scale its platform and invest in customer acquisition ahead of the opening of an office in Guadalajara, Mexico in 2021. As many as 3.5 million hospital stays among adults in 2017 […]

Super League Gaming Raises $8M to Cover Running Costs

NASDAQ-traded esports community and content platform Super League Gaming announced the sale of 3,076,924 shares of its common stock at a price of $2.60 USD per share and disclosed that the transaction is expected to close on or about Jan. 13. Gross proceeds from the sale, before expenses, are expected to be approximately $8M. Super […]

M-Files raises $80 million for AI that automates enterprise information management

M-Files announced it has raised $80 million as the Finnish company develops AI that automates the messy process of organizing and tracking internal documents and data for enterprises. Bregal Milestone led the round, which included previous investors Partech, Tesi, and Draper Esprit. M-Files’ goal is to make it easier for companies and employees to find […]

Workato raises $110 million for its business workflow automation platform

Workato, which offers an integration and automation platform for businesses, today announced it has raised $110 million at a post-money valuation of $1.7 billion. The company says it will put the funds toward product innovation and technology development, expanding its customer success program, launching its first user conference in 2021, and investing in scaling teams […]

Dina raises $7 million for its AI-powered at-home care platform

Dina, a Chicago-based startup developing an AI-powered at-home care platform, today announced it has raised $7 million. The company says the capital will be used to expand its products and support its mission to help the health care industry transition to in-home care. In response to the pandemic, companies like Current Health and Twistle have teamed […]

Quantum Metric raises $200 million to help enterprises build digital products faster

Quantum Metric, a platform that helps companies improve their websites and apps by gleaning continuous real-time feedback from end users, has raised $200 million in a series B round of funding led by Insight Partners. This gives the Colorado Springs-based company a valuation of “just above” $1 billion. Founded in 2015, Quantum Metric uses what […]

Lacework raises $525 million to automate cloud security and compliance

Lacework, a four-year-old developer of automated containerized workload defense, intrusion detection, and compliance solutions, today announced that it closed a $525 million funding round valuing the company at over $1 billion. CEO Dan Hubbard said the capital, which comes after a year in which Lacework saw revenue grow 300%, will accelerate Lacework’s product development efforts […]

Discord raises $100 million as its social hub hits 140 million users

Discord has raised another $100 million in funding as the instant messaging app popularized by gamers has now hit 140 million monthly active users. Greenoaks Capital led the funding, and it comes after Discord previously raised $100 million in June as it tries to reach a broader set of communities. In addclosed out 2020 with […]