According to Tracxn, several companies received funding for enterprise applications, IT outsourcing, and cybersecurity from August 22 to August 28.
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Enterprise Applications
- Sierra, a conversational AI platform for customer service solutions, raised a Series D – $350M round from Greenoaks.
- Intella, a platform offering AI-based Arabic speech intelligence, raised a Series A – $12.5M round from Prosus, 500 Global, Idrisi Ventures, HearstLab, and others.
- Throxy, an AI-based platform for personalized and engaging email outreach, raised a Seed – $6.17M round from Base10 Partners, Y Combinator.
- Addvocate, an AI-powered user feedback tool for sales team, raised a Seed – round from 216 Capital.
IT Outsourcing
- STONE.B, provides website & mobile app development services, raised a Seed – round from Z Venture Capital, GENDA Capital, JIRAN, JSecurity.
Cybersecurity
- ID.me, a cloud-based secure identity management and authentication solutions provider, raised a Series E – $340M round from Ribbit Capital, Ares Capital Corporation, Moonshots Capital, Positive Sum.
- Shift5, a platform for intrusion detection and prevention, raised a Series C – $75M round from Hedosophia, Savano Capital Partners, Disruptive, Insight Partners, and others.
- Cato Networks, a cloud network security management software, raised a Series G – $50M round.
- FireCompass, a provider of AI-powered penetration testing, red teaming, and attack surface management, raised a Series B – $20M round from EC Council.
- Tidal, a provider of cybersecurity management services, raised a Series A – $10M round from Bright Pixel Capital, Capital One Ventures, USAA, TFX Capital, and others.
- Moxso, a platform for cybersecurity training, raised a Seed – $5.48M round from Seed Capital, Ugly Duckling Ventures, D2 Fund.
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ID.me is on the ground in Florida, working with the Florida Department of Economic Opportunity to provide identity verification for those affected by Hurricane Ian. Photo credit: ID.me/Facebook.
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