ArmorCode, a Palo Alto, CA-based Application Security Posture Management (ASPM) and Risk-Based Vulnerability Management (RBVM), has closed a pre-emptive $40 million Series B funding. SaaS Investors The round was led by HighlandX, with participation from NGP Capital, Ballistic Ventures, Sierra Ventures, Cervin Ventures, and others. HighlandX is a venture capital …

Syrup, a New York-based company that provides AI-powered planning, buying, and inventory optimization for omnichannel commerce, has raised $17.5 million in Series A funding. SaaS Investors The round was led by Accel, with participation from existing investors Gradient Ventures and 1984 Ventures also participated in the round. Founded in 1983, …

Rohirrim, a Reston, VA-based technology company specializing in domain-aware generative AI for enterprises, has raised $15 million in a Series A funding round. SaaS Investors The investment was led by Insight Partners, with participation from existing investor General Purpose Venture Capital. Insight Partners is a global software investor partnering with …

Seismic Therapeutic, a Cambridge, Mass.-based machine learning immunology company, has closed a $121 million Series B financing. SaaS Investors The round was led by Bessemer Venture Partners, with participation from new investors including Amgen Ventures, Codon Capital, Alexandria Venture Investments, Gaingels, and GC&H, along with participation from existing investors. Bessemer …

Chai, a Palo Alto, CA-based platform for Chat AI, has received an investment placing Chai at a $450 million valuation. The amount of the deal was not disclosed. SaaS Investors The investment was from CoreWeave in the form of GPU compute credits. Coreeveloper of a cloud infrastructure platform intended to …

Sastrify, a Cologne, Germany-based SaaS procurement platform, announced a second closing of its Series B funding round. The company previously raised $32 million in May 2023. Alongside the funding news, Sastrify announced the acquisition of Amsterdam-based competitor Pengu. SaaS Investors The additional investment comes from Reimann Investors. Reimann Investors is …

Kahuna Workforce Solutions, a Houston, Texas-based company provider of operational skills and competency management software, has secured $21 million in Series B funding. SaaS Investors The round was led by Resolve Growth Partners. Resolve Growth Partners is a growth equity firm focused on investing in B2B software companies and enabling …