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Reveal raises $50M to espouse the benefits of partner ecosystems

TechCrunch

In a 2018 Accenture survey , 76% of business leaders said that current business models will be unrecognizable in the next five years, with ecosystems being the main change agent. ” Before launching Reveal in 2020, Bouchez was the CEO of Multiposting, an HR tech startup, until 2018, when it was acquired by SAP.

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Searchlight puts new capital to work with expanded talent intelligence tools

TechCrunch

They started Searchlight in 2018 to develop technology that uses behavioral reference data and prescriptive analytics to give employers a more 360-degree view of a potential candidate’s strengths and weaknesses that might not appear on a resume or come out during an interview. Searchlight collection of behavioral data.

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How Amazon’s continued expansion into healthcare could buoy the sector

TechCrunch

The tech behemoth originally entered the health sector after it acquired PillPack , an online pharmacy, in 2018 and later rebranded as Amazon Pharmacy. Although those endeavors seem to be bearing fruit, Amazon also had a failed venture, Haven, with Berkshire and JPM that disbanded after multiple internal issues.

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Latent AI, which says it can compress common AI models by 10x, lands some key backing

TechCrunch

It just closed on $19 million in Series A funding in a round co-led by Future Ventures and Blackhorn Ventures, with participation from Booz Allen, Lockheed Martin, 40 North Ventures, and Autotech Ventures. It didn’t win that contest, but that hasn’t kept it from winning the interest of investors elsewhere.

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Formstack raises $425M for a no-code platform that helps businesses automate their customer and internal workflows

TechCrunch

Silversmith Capital Partners and returning investor PSG are leading the round: PSG, along with Greater Sum Ventures, led a leveraged buyout of the company in 2018. “Now we are not only focused on data collection, but document generation.”

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Apptopia raises $20M to expand its competitive intelligence business beyond mobile

TechCrunch

Existing investors, including Blossom Street Ventures, also participated in the round. ABS Capital’s Mike Avon, a co-founder of Millennial Media, and Paul Mariani, are joining Apptopia’s board with this round. Rivals had more accurate data from about 2016 through 2018 because of their use of mobile panels, Kay says.

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Packworks makes operations easier for sari-sari stores in the Philippines

TechCrunch

Inspired by a motorcycle journey, Packworks is on a mission to change that, with a mobile enterprise resource planning platform (ERP) that just raised $2 million led by logistics group Fast Group and CVC Capital Partners, with participation from ADB Ventures, Arise, Techstars and Ideaspace Foundation.