Cloud services firm Talkdesk Inc said on Thursday it raised US$230 million in fresh funding, pushing its valuation to more than US$10 billion, at a time of greater demand for software-as-a-service (SaaS) to support remote work.The company also named Sydney Carey as its first chief financial officer, picki
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Totaling $1.5B for the 2019-2020 family of funds, TTCP has also expanded its team
SAN FRANCISCO, May 13, 2021 /PRNewswire/ Top Tier Capital Partners (TTCP) today announced it has closed on nearly €260 million EU (approximately USD 310 million) in new capital commitments for a dedicated European investment fund, exceeding its target of €250 million. This builds on the nearly $1.2 billion raised for Top Tier Venture Capital IX, Top Tier Venture Velocity Fund 3, and related separate accounts, bringing the total capital committed across the family of funds to $1.5 billion. Focused almost entirely on European funds with some investments in Israel, the Luxembourg-based investment fund seeks to invest broadly across the region, including in niche-focused venture funds and high-growth, expansion-stage technology startups. The fund will also invest into strategic secondaries and co-investments.
Hypr, a NYC-based passwordless company raised $35m in Series C financing.
The round, which doubled the company’s total funding to over $70m, was led by Advent International through Advent Tech. Advent joined existing investors including RRE Ventures, .406 Ventures, BoldStart, Top Tier Capital, MESH, Alumni Ventures Group, Allen & Co, Samsung NEXT and Mastercard.
The company will use the capital to accelerate its go-to-market strategy and grow its global support organization doubling the global headcount, with hiring ongoing in every department.
Led by George Avetisov, Co-Founder and CEO, HYPR provides a cloud based Passwordless Multi-factor Authentication platform that makes it easy to eliminate passwords and deliver fast login experiences. With Hypr, businesses are able to stop phishing, reduce fraud, and enable security for employees and customers across the globe.
HYPR Raises $35M Series C Led by Advent International
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NEW YORK, April 20, 2021 /PRNewswire/
HYPR, The Passwordless Company™ today announced it has raised $35 million in a Series C financing, doubling the company s total funding to over $70 million. The investment is led by Advent International through Advent Tech, the firm s dedicated global technology fund. Advent has significant experience in cyber technology, including recent early-stage investments in Wiz and
The Series C investment comes amid significant momentum for HYPR as it grows market share and the global workforce pivots to a flexible workplace model.