This Week In The SaaS Universe- Updates & Highlights With spotSaaS Weekly Roundup
Table of Contents
Latest Funding News
DataGuard has secured $61 million
| Company Name | DataGuard |
| About the company | DataGuard provides a range of tools across privacy, information security |
| Founder Name | Thomas Regier |
| Fund raised | $61 million |
| Investors | Morgan Stanley Expansion Capital |
| How will the company use the money | To grow and expand |
Cello, in Munich, raised €2.3 million
| Company Name | Cello |
| About the company | Offers user-led growth |
| Founder Name | byFounders |
| Fund raised | €2.3 million |
| Investors | Stefan Bader |
| How will the company use the money | To develop its platform for user-led growth |
Rentle has received €3.8 million
| Company Name | Rentle |
| About the company | Commerce Platform |
| Founder Name | Tuomo Laine |
| Fund raised | €3.8 million |
| Investors | Tera Ventures, Anthemis, Maki.vc, Mission One Capital |
| How will the company use the money | The SaaS startup now intends to grow to accommodate the escalating demand. |
French semiconductor startup Prophesee nabs €50 million
| Company Name | Prophesee |
| About the company | Advanced neuromorphic vision system |
| Founder Name | Luca Verre |
| Fund raised | €50 million |
| Investors | Sinovation Ventures and Xiaomi |
| How will the company use the money | To drive commercialization of neuromorphic vision |
Mergers & Acquisitions
KE Andrews announces the acquisition of Third Corner, a Leading Software Company
A significant SaaS provider to the energy sector, Third Corner Software and their application Origo has been acquired by KE Andrews, a nationwide distributor of state and local taxes, credits, and incentives, and valuation services. The new company created as a result of this transaction will be known as unifyi.
Caseware Expands Global Footprint with the Acquisition of Audicon
Caseware, the market leader in SaaS for accounting, analytics, and audit, recently announced the acquisition of Audicon GmbH, a renowned supplier of software solutions and services for audit, risk, and compliance.
Audicon has offices in Düsseldorf and Stuttgart, Germany, as well as Cluj, Romania, and has been in business for more than 25 years.
Civica makes a new acquisition
Technology Forge has been acquired by Civica, which will expand and complement the services provided to clients in the public sector by the international software supplier with UK headquarters. Technology Forge’s highly flexible property and asset management software enables strategic asset management, including estates management, facilities management, and health & safety compliance.
SaaS News of the Week
DTCP Raises $300M to Invest in Digital Transformation Firms
Sourcewiz has developed a SaaS application to help manufacturers automate sales and marketing tasks.
EBANX aims to provide payments to cloud firms.
Listen to Podcast
HPE GreenLake Deep Dive
Together with Omer Asad, Brian dives deep into HPE GreenLake. Omer oversees engineering, product management, and operations for all data and SaaS services across storage and data infrastructure platforms as SVP & GM of HPE Storage’s $1.4 billion Data Storage, Data Services SaaS, and HyperConverged division.
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