Joseph Abraham

Companyon Ventures, a venture capital firm investing in post-seed and pre-Series A B2B software companies, announced the close of its second fund worth $27.5 million, a press release from the company said.

We have built a platform that delivers actual operational support that dramatically de-risks a startup's transition to the expansion stage and positions them to raise a meaningful Series A," Firas Raouf, co-founder and general partner of Companyon, said.

Adobe Inc. was edited by

Joseph Abraham

August 20, 2021 1:58 pm

Timeline (+1 events) (+521 characters)

August 20, 2021

Adobe acquires Frame.io in a $1.275B deal

Frame.io, a cloud-based video collaboration tool, will be acquired by Adobe for $1.275B in cash.

Adobe has announced that it has entered a definitive agreement to acquire Frame.io, a cloud-based video collaboration platform, in a $1.275 billion all-cash deal.

The $1.275 billion deal, subject to usual acquisition price modifications, is scheduled to conclude in the fourth quarter of Adobe's fiscal year 2021 and is subject to regulatory clearance and customary closing conditions.

Prospr was edited by

Joseph Abraham

August 19, 2021 12:05 pm

Timeline (+1 events) (+137 characters)

August 19, 2021

Prospr raises $3.2M in seed round funding led by Bonfire Ventures

Quiet Capital and Animo Ventures participated in the seed funding round.

Webiny was edited by

Joseph Abraham

August 19, 2021 12:02 pm

Timeline (+1 events) (+224 characters)

August 19, 2021

Webiny, an open-source serverless CMS (Content Management System), has announced that it has raised $3.5 million in a seed funding round led by M12, Microsoft's Venture Fund.

mdf commerce inc. acquires Periscope Holdings Inc.

Uizard was edited by

Joseph Abraham

August 19, 2021 12:00 pm

Timeline (+1 events) (+467 characters)

August 19, 2021

Copenhagen's Uizard, a provider of AI-powered design tools for non-designers, has raised $15 million in a Series A funding round led by Insight Partners to advance its mission to democratize design processes, a press release from the company said.

With the close of Series A, the total funding raised by the company has crossed $18 million, as per Crunchbase.

With this new round of funding, Uizard will be able to make key hires to help us scale our platform globally.

Split (software company) was edited by

Joseph Abraham

August 19, 2021 11:57 am

Timeline (+1 events) (+354 characters)

August 18, 2021

Split, a platform for developing and testing features, has received $50M in a Series D round led by Owl Rock.

Split, a feature delivery and experimentation platform, has announced $50 million in a Series D funding round led by Owl Rock, a division of Blue Owl Capital.

Split has raised $110 million in total capital, including $83 million raised last year.

Postman was edited by

Joseph Abraham

August 19, 2021 11:55 am

Timeline (+1 events) (+841 characters)

August 19, 2021

Postman has raised $225M in Series D funding led by Insight Partners and becomes India's most valued SaaS unicorn, overtaking BrowserStack.

Postman becomes the most valued Indian SaaS unicorn with a valuation jump to $5.6 billion, raising $225 million in a Series D funding round led by its existing investor Insight Partners, the company announced on an official blog.

The previous round of funding for Postman came in June this year, where it bagged $150 million and entered the Indian SaaS unicorn club with a valuation of $2 billion.

Three new and other existing investors- Coatue, Battery Ventures, BOND and CRV, and Nexus Venture Partners - participated in the Series D round.

Additionally, Gokul Rajaram, product leader at DoorDash and Girish Mathrubootham, CEO of Freshworks, joined as individual investors in the Series D funding round.