Infrastructure access platform StrongDM today announced that it raised $54 million in a series B round led by Tiger Global, with participation from GV, Sequoia Capital, True Ventures, HearstLab, Bloomberg Beta, and Godfrey Sullivan. According to cofounder and CEO Elizabeth Zalman, the proceeds will be put toward supporting “all parts” of StrongDM’s go-to-market strategy over the coming months.
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It’s 6pm on a Friday. You start to close your laptop when that all-too-familiar email rolls in: “This timeline is super tight, can you come in tomorrow?” Faced with unpredictable layoffs, increasingly unrealistic demands, and the looming thought of companies forcing a return to the office, many have started to wonder, “Is this really worth it?”
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Ocrolus, the only automation platform that analyzes financial documents with over 99 percent accuracy, today announced $80 million in Series C funding led by Fin VC at a valuation north of $500 million. The company powers document workflows for many of the most innovative financial services firms including Brex, Enova, LendingClub, PayPal, Plaid, and SoFi. Ocrolus plans to use its new funding to more aggressively build products for the mortgage lending and banking industries and expand its US operations.
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Today, I’m thrilled to announce that Marpipe has closed an $8 million Series A funding round.
The raise was led by Stage 2 Capital with participation from ValueStream Ventures, Commerce Ventures, Ripple Ventures, and Samsung. Further, we’ve seen Laconia Capital Group, Math Capital, and TIA Ventures deepen their existing investments into the future of data-driven creative. To date, we’ve already received some phenomenal coverage about the round from our friends at Business Insider and AdExchanger.
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Paloma’s Shopify app, released today, helps brands launch personal shopping conversations on Facebook Messenger and Instagram DMs, where conversion rates are 2-10x higher than websites.
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