Procyon Raises $6.5 Million in Funding
Procyon, a Santa Clara, CA-based company, launched a next-generation cloud-based privilege access management (PAM) solution for multi-cloud identity and access management and also announced that it raised $6.5 million in equity financing. The round was led by Lobby Capital, with participation from GTM Capital and First Rays Venture Partners. This …
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Sandbox AQ Raises $500 Million in Funding
Sandbox AQ, a Silicon Valley, CA-based quantum computing software startup that spun off from Alphabet Inc. last year, closed a $500 million round of funding. Breyer Capital, T. Rowe Price funds, Salesforce Inc. founder Marc Benioff's TIME Ventures, and Chairman Eric Schmidt, the former CEO of Google LLC, all participated …
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Peggy Raises $10.8 Million in Funding
Peggy, a Toronto, Canada-based secure marketplace to buy and sell contemporary art, launched, expanding the art market by providing everyone the opportunity to collect and resell the art, and also announced that it raised CAD 10.8 million ($8M) in funding. Investors include Real Ventures, ZVC, Garage Capital, Portage, Nomad Capital, …
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Mazepay Raises €4 Million in Funding
Mazepay, an Aarhus, Denmark-based company that provides procurement and B2B payments platforms, announced that it raised €4 million in growth funding to expand further across Europe. The round was led by Scale Capital, with participation from international investment firm Hambro Perks and London-based early-stage venture capital firm Outward VC. Søren …
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Skybox Security Closes $50 Million in Funding
Skybox Security, a San Jose, CA-based security policy and vulnerability management, announced that it closed a $50 million financing round, and hired a new chief executive. The investment was from J.P. Morgan and CVC Growth Funds and Pantheon, bringing its total raised to $335 million. The company also announced that …
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Deep Breathe Closes Funding Round
Deep Breathe, an Ontario, Canada-based medical technology company focused on revolutionizing lung ultrasound interpretation through artificial intelligence (AI), announced that it closed on a significant external financing round. The round was led by MAP Equity Investco, an investment firm based in London, Ontario. This investment enables Deep Breathe to expand …
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Hudson MX Receives New Funding
Hudson MX, a New York-based provider of the first and only fully cloud-based platform for end-to-end media buying, billing, and paying, today announced a deal that provides substantial new funding to enable its expansion to meet growing market demand. The round is being led by a new investor, with Ascential …
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