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Headless CMS platform Kontent secures new capital to grow its customer base

TechCrunch

Kontent, a platform designed to help companies manage business-related content in the cloud, today announced that it raised $40 million from Expedition Growth Capital as part of a growth capital infusion. The incumbent solutions were designed for on-premise, monolithic architecture. region- or product-specific) content.

capital 79
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Mexico’s Mendel secures $35M to tackle LatAm’s corporate spend management problem

TechCrunch

Unlike CMOs who have all sorts of media optimization platforms, content creation tools and social listening software, and CTOs who have countless frameworks, repositories, CI and code-enhancement collaboration tools, CFOs still rely mostly on spreadsheets and ERPs – and in some companies even fax machines.” Image Credits: Mendel.

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Bringing AI to the Masses

Andreessen Horowitz

I think it was just this incredibly powerful technology, and given that AI wasn’t quite there yet, [social media] was the main thing that there was to do, to apply all the technology to. There’s just way too many people that are able to get the capital and the resources to train those models.

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Extra Crunch roundup: Edtech VC survey, 5 founder mistakes, fintech liquidity, more

TechCrunch

John Danner , managing partner, Dunce Capital (an edtech and future of work fund with portfolio companies Lambda School and Outschool). Benoit Wirz , partner, Brighteye Ventures (an active edtech-focused venture capital fund in Europe that backs YouSchool, Lightneer and Aula). Full Extra Crunch articles are only available to members.

VC 107
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CommerceIQ gets its horn as capital continues to flow into e-commerce infrastructure startups

TechCrunch

When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began to garner attention from venture capital firms. The latest capital infusion comes less than a year from a $60 million Series C round that happened in June 2021. Where Are They Now?

capital 89
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Citi backs Crowdz, a Pipe competitor that just raised $10M for its blockchain-powered invoice financing marketplace

TechCrunch

That player, Crowdz , recently secured $10 million in financing co-led by Citi and Dutch growth equity firm Global Cleantech Capital, with participation from Bold Capital Partners, TFX Ventures and Augment Ventures. In 2019, Barclays Bank and Bold Capital Partners co-led a $5.5 million Series A funding round for Crowdz.

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Vareto raises $24M from GV, Menlo and all-star angels to reinvent financial planning for enterprises

TechCrunch

While at the social media giant, Orekhova says she built Facebook’s “first-ever” data science team within FP&A. The B2B SaaS startup thus aims to become a command center for the finance and executive teams to see how a business is doing in real time and to be able to make necessary operational changes faster.