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LONDON, May 13, 2021 /PRNewswire/ SUMA SaaS Holdings ( SUMA ), the leading SMB financial management SaaS provider in Spanish-speaking Latin America, has announced a follow-on growth investment from Riverwood Capital, a US-based growth stage technology investment firm. During the past five years, SUMA has invested more than USD 30 million in organic and inorganic initiatives in order to build the best financial management software and accounting platform for SMBs in the region.
SUMA enables SMB owners to manage their daily operations, improve financial visibility and collaborate with their accountants via its multi-tenant, cloud platform, allowing them to make better business decisions. SUMA s solutions include financial planning, cash-flow visibility, tax calculations and reporting, payroll management, billing, inventory, automatic reconciliations with banks and tax authorities, and point-of-sale and e-commerce integrations.
Sensedia brings in first investor
Sensedia brings in first investor
May 12, 2021 Brazilian IT start-up gets $23 mln from US private equity firm Riverwood Capital to finance its international expansion plans
EquityTechnologyBrazilUnited States Brazilian technology start-up Sensedia has brought in its first outside investor, raising BRL120 million ($23 million) from California-based private equity firm Riverwood Capital to fund its international expansion plans, CEO Kleber Bacili told LatinFinance. We felt there was an interesting opportunity due to market conditions in order to accelerate the development of our products, Bacili said about the investment. We intend to grow fivefold within three years, he added.
Bacili did not revea
/PRNewswire/ Today, Nextdoor released the fifth installment of their neighborhood insights series: The changing consumption patterns of U.S. neighbors. As.
ForgeRock is putting together an initial public offering that could value the digital identity vendor at US$3 billion to US$4 billion, or possibly higher, Bloomberg reported.
The San Francisco-based company is working with Morgan Stanley on the IPO, which could come as early as the third quarter of 2021, according to Bloomberg, which cited people familiar with the matter. ForgeRock’s plans aren’t final, and the timing and details of its potential public listing could change, Bloomberg reported.
ForgeRock declined to comment, while Morgan Stanley didn’t immediately respond to a CRN request for comment. ForgeRock was valued at more than US$767 million in April 2020 when it closed a US$93.5 million Series E round led by Riverwood Capital, Bloomberg reported, citing figures from PitchBook.
(Bloomberg) ForgeRock Inc., a maker of identity-verification software, is working with banks on an initial public offering this year, according to people familiar with the matter.The San Francisco-based company is working with Morgan Stanley on an IPO, which could come as early as the third quarter, the people said, asking not to be identified because the matter is private.ForgeRock could seek a valuation of $3 billion to $4 billion, or possibly higher, one of the people said.ForgeRock’s plans aren’t final and the timing and details of its potential listing could change.Representatives for ForgeRock and Morgan Stanley declined to comment.The IPO market has been hospitable to enterprise software firms, which make most of their money selling their products to other companies. Automation software maker UiPath Inc. has risen 32% from its IPO price last month.ForgeRock competes with Okta Inc., a public company that also makes security software to support workers who need to