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

TechCrunch

Mambu has been seeing 100% growth year-on-year, but notably, Mambu covered 50 markets when it last raised money, €30 million in 2019 , so you can argue it has some investing and expanding to do on that front. Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools. That could lead to consolidation, too.

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Call center automation software vendor Replicant raises $78M

TechCrunch

Replicant , one of the more prominent vendors in the call center automation space, today announced that it raised $78 million in Series B funding led by Stripes with participation from Salesforce Ventures, Omega, IronGrey, Norwest and Atomic. We will increase our sales and marketing investment to capture the significant demand we see.

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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. TC: What’s Pulley’s relationship to venture firms? Carta was just valued at $1.7

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The Decline of New SaaS Company Formation

Tomasz Tunguz

In 2011-2013, about 1450 software companies were founded each year on average. This is counterintuitive considering the broader venture capital backdrop of near record venture investment in software. Third, the recent concentration of seed investments in fewer companies might contribute to a decreased rate of founding.

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Ed Zimmerman: The Growing Scarcity of Series B Venture Rounds

WSJ - The Accelerators

ED ZIMMERMAN : The funnel for venture funding isn’t cylindrical — it’s shape follows a more Darwinian conical path, as many seed stage companies march into the cone’s wide entrance and far fewer make it to the cone’s narrow end. Since then, the global allocation to seed funding has significantly increased.

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E-commerce marketing startup Yotpo raises $230M at a $1.4B valuation

TechCrunch

So Yotpo — founded in 2011 and headquartered in New York City — aims to provide all of a brand’s e-commerce marketing needs in a single, integrated platform. Where success in traditional retail has been determined by “location, location, location,” Tagrin said e-commerce is “all about consumer attention.” Yotpo CEO Tomer Tagrin.

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

TechCrunch

He noted that the investment brings Saviynt’s total raised to date to $270 million following a $130 million debt raise in 2021, making Saviynt one of the better-funded startups in the identity management space. .” billion in venture dollars went into the identity management sector in 2021, up 2.5x