Tag Archives: Raises

Venture growth investor, Iron Pillar has successfully raised US$129 million for its Series B/C stage fund to invest in global cloud software companies from India. This fund is one of the series of funds under Iron Pillar Fund II. The investors for this fund included the existing institutional investors of Iron Pillar from the US, Europe, and the Middle East, as well as new investors that includes two Endowments and a Foundation.

Iron Pillar has been investing actively in several global cloud software firms from India such as Uniphore, Servify, CoreStack, Ushur, Jiffy, Sibros, and Pando since its establishment in 2016. The newly raised fund will remain dedicated to supporting companies that are revolutionizing the global cloud ecosystem, particularly in Software as a Service (SaaS) and…

The investment will enable Convesio to accelerate development of its unique container-based solution and continue to disrupt a market that is slow to innovate.

The investment was secured from a selected group of the private investors, some of whom originally contributed to Convesio’s crowdfunding round in 2019, which raised more than $1M from over 800 individual investors.

The decision to fund further builds on the achievements of Convesio in the last two years, which have validated capabilities of the platform, and the opportunity demonstrated by a growing market. Here, most of the competition still provides costly and complex solutions, based on legacy technology.

“TLC Creative Services specializes in helping large enterprises with in-person and virtual events. Our virtual events…

Will the world ever go back to big in-person events? Of course. Eventually. CES already moved in that direction this year, for better or worse.

But everyone’s already gotten a taste of virtual events, and their many ups and downs. Ups? Huge potential audiences! No flights! No mile-long lines to enter the horror show bathrooms! Downs? The tech side of things can get remarkably complicated, and it’s hard to make a virtual show more compelling/interactive/engaging than a YouTube video would be.

Virtual events (or, in many cases, hybrid virtual/physical events) are here to stay. Zuddl, a virtual events platform, has raised a $13.35 million Series A to make them easier to host, simpler to customize, and, hopefully, more engaging.

Co-founder Bharath Varma tells me that Zuddl’s…

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Netlify, a platform as a service that builds, deploys, and hosts websites and apps, today announced that it raised $105 million in a series D round led by Bessemer Venture Partners, valuing the company at $2 billion post-money. Alongside the funding, Netlify announced the acquisition of OneGraph, a tool for building integrations with third-party services, for an undisclosed sum.

Founded in 2014 by Christian Bach and Mathias Biilmann Christensen, San Francisco, California-based Netlify offers hosting and backend services for web apps and websites. The company provides hosting for websites whose files are stored in the version control system Git and then generated into web content files served via…