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Momento Serverless Cache Saves Customers 50-90% of Their Caching Bill, Improves Availability Without Configurations and Handles Peaks Without Tuning . ....

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Bain Capital Ventures has $1.3 billion more to invest — including in emerging fund managers – TechCrunch

Bain Capital Ventures has $1.3 billion more to invest — including in emerging fund managers – TechCrunch
techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.

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ReCharge Connects With $277M - socaltech.com

socaltech.com
Santa Monica-based
ReCharge, a developer of subscription e-commerce tools, has raised $277M in a funding round from Summit Partners, ICONIQ Growth, and Bain Capital Ventures. According to the company, the new funding round values the company at $2.1 billion. ReCharge said that it has added Andrew Collins of Summit Partners, Aaref Hilaly of Bain Capital Ventures, and Yoonkee Sull of ICONIQ Growth to its board as a result of the funding round. ReCharge s services help businesses add subscriptions to their offerings, supporting subscription billing and other related software.The company s CEO and co-founder is Oison O Connor. ....

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ReCharge Raises $277M in Growth Funding

ReCharge, a Santa Monica, CA-based subscription e-commerce company, raised $277m in growth funding.
Backers included Summit Partners, ICONIQ Growth, and Bain Capital Ventures. In conjunction with the funding, Andrew Collins, Managing Director at Summit Partners, joined ReCharge’s Board of Directors, and Aaref Hilaly, Partner at Bain Capital Ventures, and Yoonkee Sull, Partner at ICONIQ Growth will join the Board of Observers.
The company intends to use the funds to continue to expand operations and its business reach.
Founded in 2014 and led by Oisin O’Connor, CEO, ReCharge is a provider of subscription management software for e-commerce. Since 2014, merchants of all sizes have used its billing and payment management solutions to grow their business by increasing customer lifetime value and reducing customer churn. Today, the company powers subscriptions for nearly 20 million subscribers across 15,000 merchants, including fast-growing brands such as Harry’s, ....

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