summit partners

ImagenAI, which uses AI to personalize photo editing styles, lands $30M

ImagenAI, a startup using AI to help professional photographers edit photos and automate post-production work, today announced that it raised $30 million in an all-equity growth investment from Summit

The Dogefather sends his regards

Welcome back to Chain Reaction. Last week, we looked at a crossover episode for meme investing. This week, we’re talking about Musk dumping tokens while holding onto others. You can get this new

TextExpander, which lets users build shortcuts to speed up business communications, raises $41.4M, its first-ever funding

RPA, and companies like UiPath, swooped into on the world of work a few years ago as a catchy way for organizations to help teams automate and speed up repetitive business activities such as processin

Mavrck raises $135M, buys Linkin.bio maker Later in creator and influencer marketing consolidation

Some believe that online marketing and advertising, as we largely think of them today, are dying a slow death and is getting replaced by something else: the rise of the influencer/creator. Today, one

Mavrck raises $120M to scale its influencer marketing platform

The rise and impact of influencers has been one of the biggest forces in how the modern online social landscape has evolved in recent times. Now, a company that’s tapping into that influencer ju

Optimove raises $75M growth investment to manage customer-led journeys at scale

Optimove's customer relationship management marketing platform helps brands keep customers coming back.

Taking consumer subscription software to the great outdoors

Fitness and the outdoor passion space is one of the most exciting CSS categories in a growing landscape that includes everything from family planning to entertainment and education.

Summit invests $215M into Odoo, an open-source business management software developer, at a $2.3B+ valuation

Odoo is the first unicorn out of Wallonia, the region in Belgium where it is based.

From bootstrapped to a $2.1B valuation, ReCharge raises $227M for subscription management platform

ReCharge, a provider of subscription management software for e-commerce, announced today that it has raised $227 million in a Series B growth round at a $2.1 billion valuation.  Summit Partners, ICON

Lingoda, an on-demand online language school with live instructors and Zoom classrooms, raises $68M

A startup out of Berlin that’s built and grown a successful online language learning platform based around live teachers and virtual classrooms is announcing some funding today to continue expan

Jungle Scout raises $110M, acquires Downstream Impact to help 3rd parties sell on marketplaces like Amazon

There has been a rapid proliferation of roll-up companies armed with wallets full of money to consolidate promising smaller merchants that sell on Amazon and other marketplaces, the idea being to crea

Eight Roads Ventures Europe promotes Lucile Cornet to Partner

Lucile Cornet has been appointed partner with Eight Roads Ventures Europe, a firm focusing on startups in Europe and Israel. Cornet is its first female partner. Eight Roads is backed by Fidelity and h

Jobber raises $60M as its platform for home services professionals hits 100K users

One of the technology byproducts of the COVID-19 pandemic is that it has raised the game for businesses to have better digital tools in place to interface with customers, and their own work, to get th

Solactive, a German fintech, takes a $60.4M growth investment from Summit Partners

German fintech Solactive, a technology-enabled provider of indices and index solutions to the global financial services industry, has taken a $60.4 million / €50 million minority investment from gro

Florida-based logistics provider ShipMonk raises $290 million on the back of rising eCommerce demand

Jan Bednar started ShipMonk with $70,000 in winnings from a string of student business plan competitions and launched the business that just closed on $290 million in new funding from a small warehous

Dublin’s LearnUpon raises $56M for its online learning management system for enterprises

One big technology by-product of the Covid-19 pandemic has been a much stronger focus on online education solutions — providing the tools for students to continue learning when the public health

Summit raises $2.2B across two megafunds, and pulls in ex-CEO of SoulCycle as newest investor

While there has been a wealth of bad news the past few months in the venture capital world as firms take account of the changing macroeconomic conditions in the wake of COVID-19, that hasn’t stopped

RiskIQ adds National Grid Partners as securing data becomes a strategic priority for utilities

RiskIQ, a startup providing application security, risk assessment and vulnerability management services, has added National Grid Partners as a strategic investor.  The funding from the investment arm

Appway raises $37M, its first-ever funding, for financial customer management tools

With the renewed push for more of the services we use everyday to be accessible online and in a non-physical way, a company out of Switzerland that builds tools for financial services companies to int

Brooklinen raises $50M to open more stores and expand internationally

Brooklinen, a startup that sells bedding and other home goods online, has raised $50 million in new funding from growth equity firm Summit Partners. Recent headlines are spurring bigger questions abou
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