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Mambu raises $135M at a $2B+ valuation for a SaaS platform that powers banking services

TechCrunch

The round is being led by TCV, with Tiger Global and Arena Holdings, along with past investors Bessemer Venture Partners, Runa Capital and Acton Capital Partners, also participating. Mambu was one of the first companies to leverage the opportunity to move banking software into the cloud,” he said in a statement.

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Identity management platform Saviynt secures $205M in debt, appoints new CEO

TechCrunch

Showing that there’s real investor enthusiasm for identity management platforms, Saviynt , which enables companies to secure apps, data and infrastructure in a single platform, today announced that it raised $205 million in debt from AB Private Credit Investors’ Tech Capital Solutions group. from last year’s $1.3

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This serial founder is taking on Carta with cap table management software she says is better for founders

TechCrunch

Yin Wu has co-founded several companies since graduating from Stanford in 2011, including a computer vision company called Double Labs that sold to Microsoft, where she stayed on for a couple of years as a software engineer. YW: We think there are opportunities to white label the service for accountants and law firms.

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Nelo joins the BNPL rush, with $20M in new funding and the Mexican market in its sights

TechCrunch

New investors include angels like Gokul Rajaram and Emilie Choi, founders and employees from Wealthsimple, Orum, Alloy, Chime, Square and funds/syndicates in addition to Primer Capital, Gaingels and Moving Capital. Nelo is planning to use its new capital to grow its consumer and merchant base, and to continue to build out its team.

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Call center automation software vendor Replicant raises $78M

TechCrunch

“[With the new capital,] we plan to ramp up investment in our customer success team to onboard new customers,” cofounder and CEO Gadi Shamia told TechCrunch via email. ” To date, Replicant has raised $110 million in venture capital. Sources tell TechCrunch that the post-money valuation stands at $550 million.

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This former Tesla CIO just raised $150 million more to pull car dealers into the 21st century

TechCrunch

It’s the precise opportunity that former Tesla CIO, Jay Vijayan, concluded he was well-positioned to address while still in the employ of the electric vehicle giant. As Vijayan tells it, he knew nothing about cars until joining Tesla in 2011, following a dozen years of working in product development at Oracle, then VMware.

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A Rake Too Far: Optimal Platform Pricing Strategy

abovethecrowd.com

As an example, eBay’s 2011 marketplace revenues were approximately $6.6B As Jeff Bezos is fond of saying, “ your margin is my opportunity.”. Booking.com is the unquestioned leader in online travel in Europe, and represents a substantial portion of TPG’s astounding $35B market capitalization. against GMS of approximately $68.6B

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