Company and portfolio news

Workplace Software Company’s Ability to Support Hybrid Work Leads to 81% Year-over-year Revenue Growth

Sheila Gulati joins panel recapping the biggest developments at re:Invent 2021 and previews trends for 2022.

VergeSense, a San Francisco, California-based company developing technologies to track physical office usage, today announced that it raised $60 million in a series C round.

The company announced a $3 million seed round led by Tola Capital to build out its team in the areas of customer acquisition, sales and marketing, and to continue product development.

B12, a startup that is focused on helping those smaller professional service organizations more easily accept online payments and build a digital presence in general, announced it has raised $15.7 million in funding led by Tola Capital.

Phonic, the voice-centric research platform, announced the launch of its voice and video survey platform and $2.2M seed funding led by Tola Capital, along with Supernode Global, Y Combinator, Zillionize, Remus Capital and others.

We live in a multicloud and many-cloud world and these paradigms are redefining the modern cloud era.

LevaData, the supply management software company that delivers an integrated artificial intelligence (AI) platform to transform direct material sourcing, announced today that it raised $47 million in Series C funding. 

Phil Sorgen, a former Microsoft corporate vice president who was most recently chief revenue officer at RingCentral, is joining Seattle-area investment firm Tola Capital as a venture partner.

Microsoft is acquiring Clipchamp, a Brisbane, Australia-based startup that makes a video creation and editing platform.

With the purchase of IntSights, Rapid7 says it will combine its existing threat intelligence technologies with IntSights’ threat detection and remediation capabilities in a single customer offering.

Simpplr, an employee communications and enablement platform, announced that it has raised a $32 million Series C round led by Tola Capital.