News
Published company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗| Date | Headline | Category | Amount | Source |
|---|---|---|---|---|
| Aug 2, 2024 | Protect AI raises USD 60 million in Series B financingOn 2024-8-2, according to Xiniu Data, Protect AI completed Series B financing, raising USD 60 million. | — | $60M | — |
| Aug 2, 2024 | RB2B ARR hit $2MOn 2024/8/2, LinkedIn reported that RB2B, a US B2B visitor identification platform, achieved USD 2 million in annual recurring revenue in just 6 weeks after raising USD 10 million in total. The platform identifies companies visiting websites and provides the information to sales teams. Its monthly revenue had been only approximately USD 5178 six weeks earlier, indicating extremely rapid growth. | — | $10M | linkedin.com ↗ |
| Aug 2, 2024 | Sybill raises USD 11 million in Series A financingOn 2024-8-2, according to Xiniu Data, Sybill completed Series A financing, raising USD 11 million. | — | $11M | — |
| Aug 2, 2024 | Wisedocs raises USD 3.24 million in Series A financingOn 2024-8-2, according to Xiniu Data, Wisedocs completed Series A financing, raising USD 3.24 million. | — | $3.24M | — |
| Aug 2, 2024 | Wuwenxinqiong raises RMB 500 million in Series A financingOn 2024-8-2, according to Xiniu Data, Wuwenxinqiong completed Series A financing, raising RMB 500 million. | — | RMB 500M | — |
| Aug 2, 2024 | Xinhaoqi completes strategic financingOn 2024-8-2, according to Xiniu Data, Xinhaoqi completed strategic financing, raising an undisclosed amount. | — | Undisclosed | — |
| Aug 1, 2024 | Global Predictions raises USD 2 million in angel financingOn 2024-8-1, according to Xiniu Data, Global Predictions completed angel financing, raising USD 2 million. | — | $2M | — |
| Aug 1, 2024 | lempire ARR at $26MOn 2024/8/1, SaaS Club reported that French SaaS company Lempire disclosed annual recurring revenue of USD 26 million. Founded by Guillaume Moubeche, its flagship product Lemlist provides email outreach and LinkedIn marketing, with approximately 30% month-over-month growth and a self-sustaining operating model. | — | — | saasclub.io ↗ |
| Aug 1, 2024 | Magic raises $320M Series C at ~$1.5B valuationOn 2024-8-1, according to Reuters / AI Wiki reporting, Magic completed a USD 320 million Series C financing at about a USD 1.5 billion valuation | — | $320M | aiwiki.ai ↗ |
| Aug 1, 2024 | SOCi exceeds USD 100 million ARR, serves nearly 1000 customersOn 2024/8/1, SOCi officially announced annual recurring revenue exceeding USD 100 million, becoming a SaaS centaur. It then served nearly 1000 brand customers and managed more than 3 million locations. | — | — | soci.ai ↗ |
| Aug 1, 2024 | When raises USD 4.6 million seed roundOn 2024/8/1, When announced USD 4.6 million in seed funding led by B Capital. It supports health insurance and benefits during employee departures, with total funding reaching USD 7 million after the round. | — | $4.6M | prnewswire.com ↗ |
| Jul 31, 2024 | Cephalon raises tens of millions of RMB in angel financingOn 2024-7-31, according to Xiniu Data, Cephalon completed angel financing, raising tens of millions of RMB. | — | Tens of millions | — |
| Jul 31, 2024 | GitHub Copilot ARR surpassed $300MOn 2024/7/31, X reported that GitHub Copilot exceeded USD 300 million in annual recurring revenue and accounted for 40% of GitHub's growth that year. It was used by 77,000 organizations, a 180% year-over-year increase. GitHub's total annual revenue reached USD 2 billion, doubling from USD 1 billion in 2022/9. | — | — | x.com ↗ |
| Jul 31, 2024 | Gradient Al raises USD 56 million in Series C financingOn 2024-7-31, according to Xiniu Data, Gradient Al completed Series C financing, raising USD 56 million. | — | $56M | — |
| Jul 31, 2024 | OxValue.AI completes angel financingOn 2024-7-31, according to Xiniu Data, OxValue.AI completed angel financing, raising an undisclosed amount. | — | Undisclosed | — |
| Jul 31, 2024 | VitalHub Signs Agreement to Acquire MedCurrent, Highest Consideration approximately CAD 34 millionOn 2024-7-31, according to Xiniu Data, VitalHub Signs Agreement to Acquire MedCurrent, Highest Consideration approximately CAD 34 million. | — | — | globenewswire.com ↗ |
| Jul 31, 2024 | Wave AI ARR surpassed $2M in less than 6 monthsOn 2024/7/31, Adapty reported that Wave AI, a US AI note-taking application, achieved USD 2 million in annual recurring revenue less than 6 months after launch. It automatically captures information from meetings and audio to generate notes, monetizing rapidly through strategic advertising and Adapty subscription management. | — | — | adapty.io ↗ |
| Jul 30, 2024 | Cato Networks reaches USD 200 million ARROn 2024/7/30, Cato Networks reported that the US SASE cybersecurity company had disclosed USD 200 million in annual recurring revenue, doubling in under two years. More than 2,500 enterprise customers had adopted its cloud-native SASE platform as demand for secure access service edge continued to expand. | — | — | catonetworks.com ↗ |
| Jul 30, 2024 | Hyperbolic raises USD 7 million in seed financingOn 2024-7-30, according to Xiniu Data, Hyperbolic completes USD 7 million seed round financing. | — | $7M | — |
| Jul 30, 2024 | Leonardo.ai was acquired for an undisclosed amountOn 2024-7-30, according to Xiniu Data, Leonardo.ai was acquired for an undisclosed amount. | — | Undisclosed | — |
| Jul 30, 2024 | Trio Mobil obtained USD 26.5 millionOn 2024-7-30, according to Xiniu Data, Trio Mobil obtained USD 26.5 million. | — | $26.5M | newspringcapital.com ↗ |
| Jul 30, 2024 | TrueHealth completes strategic financingOn 2024-7-30, according to Xiniu Data, TrueHealth completed strategic financing, raising an undisclosed amount. | — | Undisclosed | — |
| Jul 30, 2024 | Zhonghaoxinying completes strategic financingOn 2024-7-30, according to Xiniu Data, Zhonghaoxinying completed strategic financing, raising an undisclosed amount. | — | Undisclosed | — |
| Jul 29, 2024 | Altana closes $200M Series C at $1B valuationOn 2024-7-29, according to Business Wire, Altana completed a USD 200 million Series C financing at a USD 1 billion valuation | — | $200M | businesswire.com ↗ |
Briefs are translated from published source records. An amount is shown only when the source record includes one. Methodology