Author

Steve Albrighton

Browsing

When evaluating investments, it is important to consider any potential risks of investing in the company. Lido is a real estate equity platform that provides access to residential and commercial real estate investments in the United States. While it offers numerous potential benefits for investors, such as liquidity and reduced transaction costs, some possible risks are associated with the platform. Understanding these risks can help individuals decide whether investing in Lido is right for them.

The following are some of the major risks investors should be aware of when considering investing with Lido:

– Liquidity Risk: The value of investments held on the Lido platform can fluctuate significantly and quickly resulting in a lack of liquidity options for investors. Additionally, funds may take time to become available after a sale transaction is completed or once requested withdrawals are processed.

– Credit Risk: Investors bear credit risk in terms of being unable to secure repayment for loans or notes issued by borrowers on the platform. This risk varies by investor type and depends upon factors such as the terms of the loan agreement or note investment regulations established by each state or jurisdiction.

– Property Risk: Investors who purchase properties through Lido take on physical property risk from environmental hazards, regulative burdens or other liabilities related to ownership of an underlying asset they purchase through the platform. Additionally, certain regulations may limit renovations which could impact returns on investment into these properties.

– Market Risk: Just like in any other investment, market and macroeconomic conditions can significantly impact returns realised by investors given expectations when they purchased their investments on Lido’s platform.

Overview of Lido

Lido is a new protocol for tokenizing interest payments on loans and can potentially revolutionise the world of lending and cryptocurrency. The protocol is gaining popularity due to its ambition to create a more open and transparent platform for investors. It is also well-positioned to take advantage of the growing DeFi industry.

Look deeper into the risks and opportunities associated with investing in Lido.

What is Lido?

Lido is an international financial marketplace for asset-backed investments. It provides users access to various asset classes, including equities, debt securities, options, and other derivatives. In addition, the platform enables users to invest in accredited companies and participate in innovations such as baskets of securities and syndicated debt offerings.

lido ethereum andreessen 76k 10b lidoramaswamytechcrunch

Nbm(17)

Lido offers services that enable investors to access different types of asset classes through its network of financial intermediaries. This includes purchasing digital assets such as cryptocurrencies or tokens on supported exchanges. This accessibility exposes users to asset classes they may not have been able to access through traditional banking channels.

Like any other type of investment however, there are pros and cons associated with investing through Lido’s platform. The key benefits include:

  • Increased liquidity.
  • Higher yields.
  • Low minimum investment amounts.
  • Accessibility to various types of assets.
  • Quick onboarding process.
  • Simplified trading experience.
  • Enhanced transparency and trustworthiness across all transactions made on the platform.

However, as with all investments, there are risks associated with investing via Lido’s platform as well – given its relatively new status in the market – including potential for low trading volume and lack of liquidity compared against better established assets such as equities or bonds; limited investor protection given the reliance on third party providers rather than direct regulation from governing bodies; changes or cuts to fees or services provided without notice due to adjustments made by partnered exchanges or other service providers; potential cyber security risks from any data collected or stored digitally on Lido’s networked system; risks of illiquid investments leading all or some parts of a fund not being able reach expected returns during downturns in the market combined with risk associated with individual issuances available on its platform.

How Lido raises the stakes for crypto and DeFi investors

The Lido protocol is an innovative way to safely unlock the potential of DeFi without using Ethereum. It is designed to support the secure management and interoperability of DeFi assets while providing liquidity in pools and a safe environment for users to interact and operate in. It is a layer-2 scaling solution created by Starkware and Optimism, a global consortium of technical leaders, VCs, and investors striving to develop safer, secured, more scalable DeFi protocols.

lido ethereum horowitz 10b lidoramaswamytechcrunch

Lido relies on two layers: the base layer powered by Ethereum; and an additional secondary layer which helps provide better scalability and performance through state channels (off-chain channels), allowing users to access different products like lending or derivatives with cheaper fees than on-chain transactions. Additionally, the protocol enforces siloed security between the base and secondary layers, minimising attack risk exposure from malicious activities across multiple DApps. Furthermore, each user has independent control over their assets, ensuring Segregation of Assets & Liabilities – if one user experiences losses within one asset pool or product, then another user’s funds are not impacted by this failure.

The primary goal of Lido is to increase efficiency and reduce costs within DeFi by making it easier for users & developers alike. In addition, it helps create worlds within worlds rather than having everything be part of one single ‘world’ to allow people full sovereignty over their digital assets while increasing safety & security at the same time.

What are the benefits of using Lido?

Lido is a FinTech platform that enables users to access various financial services including investments, banking, and insurance. In addition, it offers a range of features and benefits that make managing your finances simpler and more accessible.

One of the main benefits of using Lido is its diversified range of available investments. It offers access to international stock markets, crypto-currencies, and traditional investments such as savings deposits, mutual funds, stocks and bonds. This range of options allows users to tailor their investment portfolio to their risk preferences.

Another useful feature of Lido is its user-friendly mobile app. It allows investors to monitor their portfolios in real-time, set up alerts for when certain market events occur and configure automated investment strategies according to their risk appetite.

Lido also simplifies the process of investing by providing research data from external sources on each asset class, offering users guidance before they commit to an investment decision. Furthermore, it also uses sophisticated algorithms that analyse prices on different exchanges and calculate the average price before executing trades at the best available rate.

Finally, Lido provides a secure platform with advanced encryption technology that guarantees the safety and privacy of user information. This ensures risk minimization for the user’s financial data which contributes greatly towards making the entire experience safe for its customers.

Risks of Investing in Lido

Investing in cryptocurrency and decentralised finance can be an attractive investment opportunity, especially with the rise of Layer 2 solutions like Lido. However, Lido offers higher reward potential, introduces higher risk, and can be quite volatile.

This article will dive into the potential risks of investing in Lido and how it raises the stakes for crypto and DeFi investors.

Volatility Risk

Investing in digital tokens like Lido (also known as cryptocurrencies) involves substantial risks that cannot be avoided by exercising portfolio management or due diligence. The prices of digital tokens can be volatile and unpredictable, rising or falling in value at any time, subject to numerous external factors. This volatility can have a direct impact on the returns that investors may receive from the purchase of any cryptocurrency token. Additionally, offline vectors may have potential risks such as a lack of liquidity or failure to meet regulatory requirements, which could result in losses or a substantial price drop.

lido ethereum horowitz 76k 10b lidoramaswamytechcrunch

Furthermore, investors must know that cryptocurrency is largely unregulated due to its decentralised nature and international scope. It is up to individual investors to take extra caution when investing in cryptocurrencies because different digital tokens are subject to different laws, regulations and enforcement standards differing by jurisdiction. As digital tokens become more mainstream, the regulatory landscape could change substantially over time, impacting not only the value proposition but tax requirements on profits earned from investing in cryptocurrencies such as Lido.

Liquidity Risk

Liquidity risk is the risk that an investor cannot easily sell their Lido holdings when needed to access available cash for other purposes. Again, this concerns products, such as Lido, that are still relatively new and untested by the market.

Suppose many investors were to try and sell their Lido holdings simultaneously. In that case, it could cause a decrease in liquidity and potentially even shock the market as buyers may not be willing or able to purchase all of these assets. The lack of liquidity would likely result in investors being unable to easily access cash and would likely create price volatility within the market—potentially resulting in investor losses.

Regulatory Risk

Regulatory risk is an important consideration for investors looking at Lido as an asset class. While the blockchain technology used by Lido allows for high levels of security and privacy, increasing considerations are being made at the regulatory level about how such assets and systems should be managed. For example, several governments worldwide have moved to create legislation that tightens controls around how tokens can be bought and sold and which organisations have access to the underlying assets.

In addition, many countries have yet to address digital assets on a regulatory basis. This situation may lead to uncertainty surrounding lido investing over the near term, especially in jurisdictions where regulation is unclear or nonexistent. Official laws and regulations being enacted in different countries may block lido users from participating in certain activities. At the same time, governmental organisations may seize or restrict digital asset tokens if they deem them illegal or associated with illicit activities.

Investing in Lido carries high investment risk due to its volatile nature. Fluctuations in market conditions may result in deposits becoming unusable or valueless altogether; potential investors should consider this when deciding whether to invest. Additionally, suppose technical advancements make it easier for new players to enter the market or cause existing services or products to become obsolete. In that case, this could lead to further downward pressure on prices and shifts in momentum away from particular tokens promptly after listing on an exchange.

Counterparty Risk

Counterparty risk is a type of investment risk associated with Lido and other investments that arises from the possibility of another party in a contract or agreement not fulfilling their obligations. It is common when dealing with bonds, futures contracts, options and other investments that involve two or more parties. Lido is subject to counterparty risk as it relies on various parties to regulate and issue tokens on the blockchain network for its continued operation.

This type of investment risk can manifest itself in many ways. For example, if one of the entities responsible for issuing tokens malfunctions or becomes insolvent, this can cause token holders to lose money. Unforeseen market developments can also lead to changes in token values and increase counterparty risk exposure. Additionally, new legislation that could negatively affect existing investments in Lido may be passed without warning.

To reduce counterparty risk, investors should be aware of regulations governing Lido token trading and current financial trends to make informed decisions regarding their investments in the platform. They should also maintain good records of transactions to properly monitor their investments and assess any potential risks they may face. Additionally, investors should always maintain a diversified portfolio to ensure that their funds are not subject to too much exposure from any single source or entity.

tags = Lido, crypto, DeFi investors, most-used blockchain, Ethereum, proof-of-stake (PoS), lido ethereum andreessen horowitz 10b lidoramaswamytechcrunch, market leader for Ethereum liquid staking

Jon Miller, co-founder of Marketo, recently raised $22 million for his new marketing startup, Engagio. Engagio is a platform for B2B marketing, focused on providing a full-stack approach to customer engagement and relationship building.

With this new platform, Engagio aims to revolutionise how marketers engage their audiences and empower them to take their marketing efforts to the next level.

Let’s explore what makes Engagio stand out from the competition.

Overview of Engagio

When it comes to marketing, no one-size-fits-all strategy works for every organisation. That’s why at Engagio, we take a tailored approach. Our philosophy of engaging the right people with personalised messages is based on the principles of relationship marketing. We firmly believe in treating customers and prospects as individuals, so they feel cared for, understood and appreciated when they interact with your brand.

To make this possible, we put our people first – every member of our team brings unique skills and experiences which shape our processes and campaigns. From expert strategists to creative minds, our team has deep knowledge in several industries to ensure we deliver effective campaigns that drive meaningful results.

Engagio utilises cutting-edge technology alongside data-driven insights to create holistic customer profiles and develop custom strategies for you and your customers. Every campaign is planned around data analytics to ensure that the results are precisely what you need from them – from increasing product adoption or driving lead generation and nurturing them until conversion – all done through automation!

Co-founder of Marketo raises $22 million for Engagio

Jon Miller, co-founder of the popular marketing automation company Marketo, recently announced that his new venture Engagio has raised $22 million in Series A funding. This round was spearheaded by Norwest Venture Partners and included Formation 8, Storm Ventures, FundersClub,NextWorld Capital and several other investors. The investment aims to help Engagio build out its intelligent account-based marketing platform to simplify marketing for B2B companies.

Engagio aims to provide a holistic view of ABM (account-based marketing) investments and opportunities across multiple channels. This requires an integration of multiple technologies into one platform that is easy to use and highly accurate in terms of reporting on performance. Engagio seeks to provide an end-to-end solution that bridges the gap between sales and marketing teams’ communication needs. It will aim to provide dashboards that surface actionable intelligence insights quickly across demand gen activities such as webinars, email campaigns and account development initiatives.

Through this investment Engagio can build out its capabilities to reach more accounts with larger data sets and enable users to personalise their campaigns at scale using AI capabilities such as natural language processing (NLP). The goal is for each user’s individual interactions variables with prospects — including emails sent, webinar registrations received, website visits for particular products or solutions — will all work together within this technology stack so marketers can have a full view of their engagement efforts with any given customer base or list size.

Co-founder of Marketo raises $22 million for his new marketing startup, Engagio

Jon Miller, Co-founder of Marketo, recently raised $22 million for his new marketing start up, Engagio. Engagio is looking to become the forefront of marketing technology, by introducing a new and unique approach. Engagio focuses on personalization and customer engagement to build strong relationships and increase loyalty.

In this article, we’ll explore Engagio’s unique approach to marketing and the various strategies they employ to stand out from the competition.

Leveraging AI and machine learning to personalise customer experiences

Engagio leverages advanced Artificial Intelligence (AI) and machine learning technology to personalise customer experiences. By utilising data from email campaigns or website visits, the system can determine each customer’s unique interests, provide better segmentation and targeting of customers, and give insights into what types of content will likely resonate with them for future campaigns.

The Engagio AI model further helps marketers personalise the customer experience by delivering contextualised messaging across multiple channels such as emails, social media platforms, web push notifications, SMS or other digital touch points. Automated message triggers can be set up to inform customers at relevant moments throughout the customer journey such as when they are considering making a purchase decision or leave a page without taking action. This way customers will always receive messages tailored to their specific needs and interests.

Additionally, Engagio’s AI technology can be used for predictive analytics which informs marketers on what user actions might lead to positive outcomes – such as a purchase – in future interactions with each customer. This helps marketers tailor their campaigns promptly to ensure maximum returns on their marketing investments.

AI-powered marketing solutions such as Engagio’s enable companies to build an engaging relationship with their customers through smarter segmentation & personalisation of content delivered at relevant moments throughout the sales cycle; thereby improving customer retention rates and driving long-term success for businesses.

Combining data from multiple sources to create a unified view of the customer

At Engagio, we understand one of the biggest challenges marketers face today is having a unified view of their customer. With multiple channels to communicate with customers, it can be challenging to get a full picture of customer engagement. To combat this challenge, we built our platform combining data from multiple sources into one unified view leveraging our Data Library technology.

salesforce marketo 16m sequoia capitallardinoistechcrunch

Nbm(13)

Our Data Library technology allows us to source relational and customer data from disparate systems across the enterprise and combine those datasets into a single source with only two clicks. By bringing the various sources together in one place, marketers no longer need to manually pull segmented reports across channels. This saves them time on report analysis and helps them act quickly when needed changes arise in their marketing strategy or tactics.

Better yet, our Data Library takes this task off your plate so you can focus on designing and executing engaging experiences while benefiting from an ever-growing pool of knowledge: customer segmentation information delivered by a variety of sources that let you customise which data points are presented in your reports – such as user behaviours, A/B testing results, and analytics results – all in real time!

With our unique approach to collecting data across all sources, Engagio enables marketers to finally have access to unified customer information that they need to effectively engage their customers and increase loyalty.

Utilising a “people-based” approach to marketing

Utilising a “people-based” approach to marketing is one way that Engagio sets itself apart from other marketing companies. Rather than targeting individuals based on certain categories such as demographics or interests, Engagio uses personas to create meaningful one-on-one relationships with customers. This method helps to better align communication with customer preferences and needs while creating value through engagement.

The use of technology allows the company to identify the right contacts based on their digital actions and interactions across all channels, automatically record those interactions, and reshape their engagement into personalised experiences. This capability provides the data needed to develop a deeper understanding of their customers and make relevant predictions, allowing them to track success throughout the customer journey.

Engagio partners with some of the industry’s top sales and marketing technology providers, giving them access to many types of data including web analytics, CRM systems, intent data, mobile analytics and more — all in one place.Engagio also offers various services beyond message-based services so that marketers can see what content works better for their customer base for complete customization. All these tailor-made services align perfectly with customers’ interests and goals so that they feel appreciated rather than overlooked when communicating with Engagio’s team.

Engagio’s Platform

The engagement-based marketing platform created by Engagio is designed to help businesses deliver personalised and engaging customer experiences. With the help of Engagio’s platform, marketers can easily measure the impact of their campaigns and analyse customer behaviour to identify opportunities for improvement.

Engagio and Marketo co-founder Jon Miller have raised over $22 million to build this platform and help marketers succeed.

Let’s take a closer look at what the platform has to offer.

Engagio’s “Marketing Orchestration Engine”

Engagio’s “Marketing Orchestration Engine” is the cornerstone of Engagio’s platform. The marketing engine allows users to create, execute and optimise campaigns across multiple channels. In addition, it includes various features such as a CRM integration, segmentation, testing and analytics capabilities, website personalization and more.

marketo 16m series capitallardinoistechcrunch

Engagio’s platform makes it easy to orchestrate conversations with customers at every stage of their journey on the fly, creating personalised experiences that effectively engage prospects and customers. In addition, it provides a “one-stop shop approach” for managing contacts, campaigns, leads and accounts in one central location.

The engine leverages the power of customer intelligence to track customer touchpoints across different channels and leverages advanced analytics such as attribution and optimization models to measure success. This helps marketers determine which tactics most successfully drive conversions or improve loyalty. In addition, Engagio offers automation capabilities that enable marketers to easily create case studies or nurture campaigns with customised content based on user behaviour or preferences.

With Engagio, marketers have access to intuitive dashboards that give insights into customer behaviour enabling them to expand targeting efforts by integrating data from other sources such as sales metrics and customer preferences. Additionally, utilising powerful segmentation tools in-built into the engine allows for further customization of messages which enhances overall campaign efficacy—ultimately helping organisations increase engagement levels with their target audience leaving them equipped for success!

Engagio’s “Engagement Score”

Engagio’s platform uses an algorithm based on the customer’s interactions with your company to create a unique “Engagement Score”. Your customers’ scores can become part of the larger data set in your MarTech stack, allowing you to understand each customer’s behaviour and purchase history, including their engagement with marketing campaigns or channels.

The Engagement Score is a weighted metric, based on various factors, that identifies leads and contacts that require the most attention and effort from your sales staff. This score considers how often a contact interacts with content or emails, how frequently they engage with their customer success manager (CSM), if they stay current on their product usage and more. Leveraging these different engagement signals helps you direct your team’s focus to those leads who best fit within your target market.

By evaluating customer behaviours across all channels, you’ll be more likely to predict potential customers’ willingness to purchase using less expensive methods like email campaigns and inbound calls instead of costly outbound calls or events. This will make your company more efficient in marketing its products or services and result in higher ROI for every dollar spent.

Engagio’s “Engagement Hub”

Engagio’s extensive Engagement Hub is designed to support advanced customer engagement. It provides a comprehensive set of targeted, personalised marketing and communication capabilities across the marketing mix – from acquisition, cross sale and loyalty to product lifecycle management. In addition, it enables marketers to orchestrate customer journeys across marketing channels and devices.

salesforce marketo 16m series sequoia capitallardinoistechcrunch

The platform can be used out of the box, with zero setup required. It ensures customer retention is kept high, saving businesses time and money on finding new customers and reducing friction in customer experience. The Engagement Hub’s intuitive dashboard-based design makes it easy to create campaigns, set up rules, and monitor real-time performance analytics.

Engagio’s “Engagement Hub” includes a range of features such as:

  • Automated segmentation based on previous interactions.
  • A/B testing.
  • Single view of customer data.
  • Advanced campaign analysis & optimization.
  • Multi-channel campaign execution.
  • Communication management tools.
  • Powerful integrations with multiple systems such as CRM or web analytics products.
  • Agile publishing capabilities for social media & webcasts.
  • Embedded analytics and interactive dashboards.

All these features combine to give users an unparalleled experience when managing their campaigns and obtaining insights about customer behaviours & preferences.

Benefits of Engagio

Engagio is a marketing startup co-founded by Jon Miller, the former co-founder of Marketo. The startup has recently raised $22 million in funding to help its mission of providing the best in class marketing services.

In particular, Engagio’s approach to marketing is unique, as it is focused on driving customer engagement and improving customer relationships.

In this article, we’ll discuss the benefits of Engagio and its unique marketing approach.

Increased customer engagement

Engaging customers isn’t just about making them feel appreciated and welcome — it’s also about building relationships with them. When customers view your business positively and recognize that you are invested in their success, they are likely to remain loyal and purchase from you again. Engagio’s platform helps promote customer engagement by creating personalised experiences for each customer, giving them a sense of ownership over their relationship with you.

With Engagio, businesses can access customer data that allows them to better understand whom they relate to most and how frequently. This data also helps inform marketers about best strategies when engaging different customer groups. In addition, with optimised messaging based on a better understanding of users, businesses can introduce targeted content that more easily resonates with customers, enabling effective and profitable conversations instead of generic one-size-fits-all approaches with predictable results.

Engagio also provides contact management tools that enable the easy tracking of leads as they move through the sales funnel, enabling timely follow up and follow through on campaigns to create genuine engagement. In addition, real-time segmentation allows marketers to target specific groups with tailored messages and analytical insights gained from automated machine learning algorithms. These help identify high-value channels or audiences where campaigns will have the greatest impact and results.

Improved customer experience

Engagio provides a powerful solution to improve customer engagement throughout the customer lifecycle. The Engagio platform enables marketers to target customers based on their behaviour and user interests with personalised messages, offers and promotions tailored to their needs. This unique approach to marketing helps businesses create lasting relationships with their customers by providing relevant information, helpful advice and valuable incentives to drive sales, increase loyalty and overall satisfaction.

Engagio leverages powerful data analytics to better understand customer preferences and make automated decisions about how best to engage with them to maximise conversion and retention rates. This capability enables marketers to deliver timely communications that are highly relevant, increasing customer engagement levels and driving more business transactions.

At the same time, Engagio’s platform ensures that customers feel heard by keeping all conversations private and secure, allowing customers to give feedback without feeling vulnerable or at risk of being exposed publicly. In addition, Engagio’s ability to send exclusive offers tailored specifically for each customer motivates them to stay engaged while also building brand loyalty.

The Engagio platform is designed with your bottom line in mind — helping your business maintain a consistent quality service while reducing costs associated with manual operations such as print campaigns or third-party advertising agencies. In addition, by leveraging the power of automation and data analytics provided by Engagio, businesses can save time on research while freeing up resources needed for important strategic tasks such as brand building or product development.

Increased ROI

Engagio enables marketers to deliver data-driven, measurable ROI with its unique approach to reaching their prospects and customers. The platform allows marketers to target relevant audiences and measure their marketing efforts based on response, engagement, and conversion rates.

Additionally, the platform provides detailed insights into user behaviour on emails, websites, and landing pages that can help marketers refine their campaigns in real-time. Engagio also offers advanced analytics capabilities such as funnelling data across channels so that businesses can make better-informed decisions as they craft their strategies.

With Engagio’s powerful suite of analytics tools and features, companies can be sure they are maximising their return on investment with each launched campaign.

tags = Co-founder of Marketo, Marketo, raises $22 million, new marketing startup, Engagio, Jon Miller, FirstMark Capital, census salesforce marketo 16m capitallardinoistechcrunch

The Census Bureau has announced the closing of its Series B funding round. The round was led by global investment firm Goldman Sachs and participated in by existing investor Accel. The round raised $60 million on a pre-money valuation of $630 million, valuing the company at a post-money valuation of a little over $690 million. This investment is expected to provide additional resources to help the organisation accelerate its mission and enable more people to access critical parts of their communities, such as transportation networks, education options and quality healthcare.

The Census Bureau provides high-quality regional data on population growth and economic activity to local, state and federal governments to support decision-making in business recruitment, community development, public policy and education planning – serving as one of the nation’s leading sources for geographic data.

This latest funding will be used for further investments in modernising its data collection platforms, upgrading its analytics capabilities and working toward greater accessibility for all users – from novice census takers to data scientists – with an easy-to-use interface that requires no specialised training. This new infusion of capital will also go towards growing hiring across all departments including engineering, product management and customer success teams globally.

Census confirms it has raised a $60M Series B on $630M valuation

The Census Bureau recently confirmed that it has completed a $60 million Series B funding round on a $630 million valuation. This marks a major milestone for the company as it looks to expand its services and market share.

This article will provide an overview of the funding round and its implications for the company. We will also discuss the details behind the funding so you can better understand the overall dynamics of the deal.

Investor Details

The Census Bureau has released the investor details of the funding round. The Series B investors in this round include several well-known firms from the venture capital and growth equity space. Accel, the well-known venture capital firm, was joined by various other investors, such as Index Ventures, New Enterprise Associates (NEA), and Foundry Group. Accel led this funding round with additional support from Dialog Semiconductor and an undisclosed strategic investor.

census salesforce marketo series sequoia capitallardinoistechcrunch

Nbm(9)

The $60 million from these investors will be used to grow the various initiatives built on the platform – such as new products, acquisitions and other strategic partnerships. In addition, this investment is helping to fuel expanded customer adoption and increased capabilities discovered through research backed up by user feedback.

These investments will help position Census Bureau to continue driving innovation within its industry and become a national and international leader in its category.

Investment Amount

The Series B round was led by venture capital firm Accel and included investors such as Emergence Capital and Thrive Capital, as well as previous investors Andreessen Horowitz and Founders Fund. The total amount of money raised was $60 million, the company’s valuation being cited at $630 million.

In addition to this investment from venture firms, current investors such as Google Capital participated in the round. This brings the total amount of funds raised by the Census Bureau to date from notable investors including Index Ventures, Bessemer Venture Partners, and Harrison Metal to near $120 million.

The funds will be used for continued product development, hiring new employees in technology and operations departments, building out infrastructure towards capacity scaling needs, and increased investment efforts in data intelligence capabilities across consumer products and its enterprise business model. In an internal press release celebrating the news of the newly raised funding round , Census Bureau CEO Lee O’Neil said that “We’re extremely excited to have received this vote of confidence from our existing partners —we’ve grown rapidly since our launch in 2018 and look forward to using this round of funding towards further expanding our offerings”.

Valuation

The Census Bureau’s $60 million Series B funding round has substantially increased the company’s valuation. According to details provided by the company, this financing round was raised at a valuation of $630 million.

This raised valuation reflects the Bureau’s impressive growth over the past year, marked by an increase in both its customer base and revenue. The raised funds will be used to expand their product offering and team further. In addition, other investments have been made to enhance customer service, analytics and merchant integrations while leveraging their proprietary share-protecting technology.

Throughout this round, all series A investors participated. Several other new investors including Accel Partners, Intel Capital, Sutter Hill Ventures and True Ventures have also provided financing during this raise. In essence, Census Bureau has proved able to offer a previously unavailable product in the market and is quickly becoming an industry mainstay. Moving forward, these funds will certainly serve to fuel continued growth for years to come for them.

Impact of the Funding Round

The Census Bureau’s recent funding round is significant news and has significant implications for the data industry. The funding round is expected to elevate the Bureau’s technology and data capabilities, which could help to create more accessible, reliable, and valuable data products.

Furthermore, the $630 million valuation speaks to the potential of the data industry and the Bureau’s position in it.

Let’s dive into the other impacts of the funding round.

Expansion of Services

The Census Bureau’s additional funding is expected to immensely impact the agency’s ability to expand its services and offerings. With this fresh capital, the Census Bureau can now invest in technology solutions that can help it improve its data collection operations’ accuracy, speed, and scale.

census marketo 16m series sequoia capitallardinoistechcrunch

This new funding can also be utilised to develop insights into population changes and emerging trends and new tools for businesses to access valuable market intelligence through the agency’s data. The financing round should also provide greater means for expanding the agency’s outreach within local communities and exploring untapped markets.

Therefore, this new capital is expected to enable the Census Bureau to shape a brighter future by deepening their commitment to providing high-quality population data in a cost effective way.

Improved Data Quality

The new funding round announcement by the Census Bureau signals its commitment to investing in data quality enhancements and expanding its scope of coverage. This improved accuracy and range of information can lead to more informed decisions by local communities, businesses, governments, and nonprofit organisations.

The additional funding will result in continued refinement of the census methodology and resources invested in field data gathering. It will also allow the organisation to develop new questions that cover previously non-existent areas such as migration patterns, socio-economics, further breaking down responses into granular levels allowing for more accurate representation of minority populations. Overall data reliability is expected to improve significantly as a result.

This improved data can be used to measure the impact public policies have had on populations that have been historically underrepresented depending on their economic status or demographics. Furthermore it could aid in setting up interventions such as education programs aimed at key demographics ensuring greater equity when it comes to access to resources or healthcare throughout various regions across the US.

Increased Accessibility

The significant round of capital raised by the US Census Bureau will allow for increased accessibility in terms of data collection, resulting in a more comprehensive research platform. This can be broken down into two main benefits:

census marketo series sequoia capitallardinoistechcrunch

1. The new funds will enable the Census Bureau to acquire additional resources and technologies to better measure, capture and store data. This would include enhanced digital infrastructure, such as improved cloud storage capabilities, more sophisticated analytics software and improved survey technology that can quickly generate more precise data sets from respondents.

2. Increased accessibility to market research surveys will allow the public to provide feedback in an even more precise manner, which provides the census bureau with valuable insight into consumer behaviour and attitudes towards issues like healthcare, education and poverty. Additionally, a wider roll-out of mobile datasets would make it easier for people to access survey results on their phones or tablets to obtain greater accuracy in the response rates given by citizens.

Overall, this funding round will benefit both citizen stakeholders and the US Census Bureau by providing valuable insight gained through increased accessibility of data collection methods.

tags = Census, $60M, startup building a data layer, CEO Boris Jabes, Salesforce, Marketo and Zendesk, census salesforce marketo 16m series capitallardinoistechcrunch, census salesforce marketo capitallardinoistechcrunch, Amazon Redshift, Snowflake, Databricks

Untitled design (12)

Inventory management is an essential aspect of running an HVAC business. Efficient inventory management can help companies optimize their operations, reduce costs, improve customer satisfaction, and provide several tools and features to help them manage their inventory effectively. The article will explore ways HVAC software can enhance efficient inventory management.

Realtime Inventory Tracking

Real-time inventory tracking is a crucial feature of HVAC Software that provides businesses with up-to-date information on inventory levels. This feature enables companies to monitor their inventory levels in real time, reducing the risk of stockouts or overstocking. With real-time inventory tracking, businesses can quickly identify when inventory levels are running low and need replenishment.

That helps ensure that inventory is always available when needed, reducing downtime and improving customer satisfaction. By providing accurate and timely information on inventory levels, HVAC management software with real-time inventory tracking can help businesses make informed decisions and optimize their inventory management processes.

It Helps Streamline the Order Fulfilment Process

HVAC management software can streamline order fulfillment by automating orders, inventory management, and shipping tasks. That automation reduces the time and effort required to fulfill orders, enabling businesses to process orders more quickly and efficiently.

Untitled design (13)

Additionally, HVAC management software can provide real-time inventory tracking and accurate inventory forecasting, ensuring that companies always have the right stock to fulfill orders. By streamlining the order fulfillment process, HVAC businesses can improve customer satisfaction, reduce errors, and optimize operations.

Centralized Inventory Management

Centralized inventory management is a feature of HVAC software that enables businesses to manage their inventory levels across multiple locations from a single system. The feature gives businesses a centralized view of their inventory, reducing the risk of overstocking or understocking and ensuring consistency in inventory levels.

By providing real-time information on inventory levels across all locations, HVAC management software with centralized inventory management can help businesses make informed decisions about inventory ordering and replenishment. The feature can also help enterprises improve transparency and reduce inventory carrying costs by optimizing inventory levels across all locations.

Automated Barcode Inventory System

An automated barcode inventory system is a feature of HVAC management software that enables businesses to track inventory levels and movement using barcode scanning technology. This feature automates the inventory tracking process, reducing the risk of human error and improving inventory accuracy.

By scanning barcodes on incoming and outgoing inventory, businesses can update inventory levels in real time, enabling them to quickly identify when inventory levels are running low and need replenishing.

Untitled design (14)

An automated barcode inventory system can also reduce the time and effort required to manage inventory manually, enabling businesses to focus on other critical aspects of their operations.

Reduced Inventory Expenses

HVAC software can help reduce inventory expenses by providing businesses with real-time inventory tracking and accurate inventory forecasting. By monitoring inventory levels in real time, companies can avoid overstocking and minimize inventory carrying costs. Additionally, HVAC management software can help businesses optimize their inventory ordering and replenishment processes, ensuring they always have the right stock and quantities.

By reducing inventory expenses, companies can increase profitability and allocate resources to other areas of their operations. HVAC management software with inventory management features can help businesses achieve these benefits by streamlining their inventory management processes and providing real-time visibility into inventory levels.

Conclusion

HVAC software can give businesses several tools and features to enhance efficient inventory management. By leveraging these crucial inventory-related features, HVAC businesses can improve inventory accuracy, reduce stockouts, avoid overstocking, and streamline inventory management processes. HVAC management software can also help companies to reduce inventory expenses and increase profitability. Thus, investing in HVAC management software with inventory management features can be productive for businesses looking to optimize their operations and improve their bottom line.

11 Smartphone Aspects to Consider Before You Buy a New One

Smartphone technology has made incredible advances in the past decade, with new features and capabilities being released almost every day.  Shopping for a new smartphone can be daunting, so it’s essential to have a plan of attack before you make your purchase.

1. Operating System

The first and most crucial factor to consider is the operating system (OS) of your device. Each OS is different, so research what will best suit your needs. Examples of popular OS include Android, iOS, Windows Phone, and Blackberry.

2. Processor

The processor powers everything that happens on a smartphone — from running apps to loading webpages — so you want to make sure you choose one with a fast processor that won’t slow you down. Look at how many cores the processor has and its speed (measured in gigahertz).

3. Battery Life

Smartphone battery life varies greatly depending on usage patterns, but it’s important to look for a device with good battery life if you don’t want to constantly be on the charger. Consider the power rating of the battery (measured in milliampere-hours or mAh) as well as any energy-saving modes offered by the device’s OS or manufacturer settings. And remember the overheating problem and how it affects your decision.

4. Memory/Storage

How much memory does your phone need? This answer will depend on how you plan on using your device — if you’re planning on taking lots of photos, then make sure there’s enough space for them all. A reasonable minimum should be 16 gigs of internal storage; some phones offer expandable SD card slots for even more capacity.

Pexels-lisa-fotios-1092671

Additionally, think about RAM — this is what helps keep device operations running quickly; look for at least 2GB RAM or higher if possible.

5. Display Size & Quality

It’s recommended to consider how large of a display you want, but also how high quality it is — pixel density matters. While most current devices settle at 1080p resolution (1920×1080), there are some models that feature Quad HD screens (2560×1440). Moreover, check out brightness ratings and decide on an AMOLED display (which offers better contrast ratios than traditional LCD displays).

6. Camera Quality

Many smartphones come equipped with impressive camera hardware these days — think megapixels. Most phones have 8MP and up cameras or higher right now; however, pay attention to other aspects such as aperture size (how much light gets let in) as well as image stabilization options.

7. Network & Connectivity Options

Depending on which carrier model you buy, certain network bands may not be supported by your provider’s network — LTE is often required if you want faster data speeds over cellular networks like 4G LTE or 5G NR. Check which frequencies are compatible with both locations where you’ll use the phone most often. Also, look into Wi-Fi standards like 802.11ac and Bluetooth versioning, too; newer versions offer solid connections between devices without having cables attached all the time.

8. Durability & Waterproofing

Smartphones can take quite a beating these days due to their frequent use; ensure that your phone is able to handle drops without shattering its screen or, worse still – not turning back on again post-drop.Some manufacturers now offer IP67 waterproof ratings so that spills won’t ruin your electronics either – great news for clumsy people who tend to drop their phones into cups of coffee frequently.

9. User Interface & Navigation

The way users navigate through menus and applications is just as important as hardware specs when choosing a smartphone – do they prefer an iPhone-type experience over Android? Different manufacturers customize their own flavors of Android, which can drastically change the feel and function of a phone compared to another brand’s offerings running stock Android software.

Pexels-the-lazy-artist-gallery-1253646

This could sway decision-makers depending upon whether they prefer something more customizable than stock Android allows while still retaining access to Google Play store app selection possibilities.

10. Price & Value

Smartphones are becoming increasingly affordable each year as technology advances allow for more budget-friendly options to be available. However, consumers should still pay close attention to pricing models; some companies offer installment plans which could add up over time, while others may require full payment upfront but with discounted prices due to bundling perks such as additional accessories thrown into package deals, etc. Consider overall value rather than just price points – try to find something suitable within budget, though not sacrificing quality components because of cutting corners to reach a cost-effective solution in the desired price range.

11. Reliability/Customer Service

As previously stated, smartphones have become increasingly reliable over the years; yet problems can arise from time to time. Thus, part of the process involves researching customer service associated with a particular brand or model chosen – does the company provide warranties? Has previous customers’ feedback been mostly positive? Before committing to purchase, these types of questions should be asked to ensure that any issues faced can be quickly and easily resolved.

Hevo is a SaaS startup founded in 2018 and is aimed at empowering enterprises with real-time data integration, automation and analytics technology. Located in Delhi, India, the company serves companies across more than fourteen different countries. Hevo’s platform enables organizations to create tailored solutions for their needs in a matter of clicks and provides real-time insights with data from a variety of sources.

Recently, Hevo has successfully secured $30M in its Series B round of funding, led by Sequoia Capital India. The round also saw participation from existing investors Jyoti Bansal (Harness) and Mayfield India. With this round of funding, Hevo plans to accelerate growth within their key product areas such as data engineering, self-service analytics and intelligent automation products.

The team behind Hevo consists of engineers who have formerly worked with companies such as Amazon Web Services, Microsoft Azure, Twilio and Imgur among others that have contributed significantly to the new product innovations that the company is launching. With these advancements, the team is keen to make access to quality data completely secure for all enterprises across the globe and simplify the entire process from collection to delivery of insights within minutes.

Overview of Sequoia Capital India

Sequoia Capital India is an investment firm that focuses on providing seed, early stage, and growth funding for businesses in India. Founded in 2006, Sequoia has invested in some of the most prolific companies from India such as Oyo Rooms, Byju’s, PolicyBazaar and CureFit. Sequoia Capital has its presence across different cities within India such as Mumbai, Bengaluru & Delhi.

Recently SaaS Tech startup Hevo Data secured $30 million during its series B round of fundraising led by Sequoia Capital. Hevo is an analytics-focused start up that works with enterprises to simplify data integration and provide ingesting streaming data into other cloud-based services. It has successfully raised more than $42 million prior to this particular round of funding.

Untitled design(494)

This additional fund will be used to strengthen the resources within the company and expand its operations into newer markets with international presence in countries like Europe & US which will eventually help them to double their customer base from 4 billion users currently based out of 25 different countries spread across Asia Pacific region.

hevo data 30m sequoia indiasinghtechcrunch

Hevo’s Series B Round

SaaS startup Hevo announced that it has raised a fresh funding round of $30 million led by Sequoia Capital India. This Series B funding round marks a significant milestone in the company’s growth and development trajectory, as Hevo’s AI-driven data integration platform accelerates the development of software and data-driven products.

This round will also enable Hevo to expand its international presence and add to its leadership and engineering teams.

Overview of the Series B round

SaaS startup Hevo recently announced that it has received $30 Million in a ‘Series B’ financing round led by Sequoia Capital India. This latest development enabled the company to grow rapidly and meet the demand for its data integration services in India and abroad. The round included participation from existing investors Accel and Lightspeed Venture Partners, and new investors B Capital, Think Investments, and Kalaari Capitals.

Hevo is a cloud-native Data Platform as a Service (DPaaS). It allows businesses to quickly transform data from any source into actionable analytics. It does this through an automated integration with databases, ETL logics, streaming data pipelines, event-driven production logic, business intelligence (BI) tools like Tableau or Looker etc., machine learning models or custom integration logic written using its proprietary programming language – Hevoscript. Used by more than 150 global customers across industries such as retail, ecommerce, logistics & transportation etc., Hevo is redefining how users leverage their critical data sets in the most efficient way possible.

hevo data sequoia capital indiasinghtechcrunch

Hevo’s growth can be attributed to its focus on product innovation and its release of several new features since its inception in 2018 including the powerful Hevoscript programing language that enables customers to quickly build custom integrations for their specific use cases. By leveraging insights from massive datasets faster than ever before Hevo is becoming increasingly sought after among enterprises providing them visibility into their markets when they need it most. Additionally earlier this year the company launched an industry first low-cost lifetime subscription plan helping startups get up and running with minimal investments in time or resources.

The Series B funding will be used primarily to drive product marketing activities and drive sales teams to penetrate deeper within the Indian market as well expand their reach internationally in various countries such as Singapore & UAE . Crucially investors have also sponsored special research projects involving machine learning, artificial intelligence (AI), natural language processing/understanding (NLP/NLU) technology & Knowledge Graphs which will help further enhance the depth of capabilities of the Hevo Platform over time making it truly one of a kind globally catering to SaaS companies , retailers , eCommerce firms , Logistics corporations & other industries enabling them to stay ahead of competition thanks to the advanced analytics insights provided by Hevo’s DPaaS solution !

Details of the investment

Hevo, an AI-powered data integration SaaS startup, has raised $30 million in a Series B funding round led by Sequoia Capital India. The new funds will be used to further develop Hevo’s artificial intelligence and machine learning capabilities and put them to use for the accelerated growth of their customer-base.

Hevo’s Series B round was backed by its existing investor Nexus Venture Partners, and new investors Accel and Lightspeed India Partners. Existing investors from Hevo’s Series A round also participated in the round. Previous investors include KAI.

Impact of the investment

The funding received by SaaS startup Hevo provides the company with the capital needed for growth initiatives, such as international expansion, product development, and customer acquisition efforts. The investment will also help add to the company’s existing funding total of $39 million since its founding in 2015.

The Series B round was led by Sequoia Capital India and included participation from existing investors such as Accel and Dharma Ventures as well as new backer, Lightspeed India Partners. This announcement comes on the heels of a strong 2019 for Hevo, in which it secured $12 million in seed financing, doubled its user base within 6 months, and launched an integration with Salesforce.

Overall, this investment reinforces Sequoia’s confidence in Hevo’s cutting-edge data engineering platform and highlights their progress toward disrupting data engineering industry. In addition to providing the company with much-needed capital resources to drive product development and globalization efforts, this funding helps to validate Hevo’s mission of democratizing data integration across various platforms.

Hevo’s Plans for the Future

SaaS startup Hevo has raised $30M in a Series B round led by Sequoia Capital India, allowing them to take the next step in their growth. This investment will be utilized to accelerate Hevo’s product roadmap, focus on customer success, and expand Hevo’s global footprint.

With the new funds, Hevo plans to establish itself as a leader in the SaaS and cloud data integration space.

Let’s look at what Hevo is planning for the future with this new round of funding.

Expansion of product offerings

Hevo is planning to expand its existing product offerings through the capital deployed by Sequoia Capital India in its recent Series B round. The SaaS (Software as a Service) startup Hevo aims to use its new found resources to extend the reach and scope of what it can offer businesses.

Hevo wants to tap into various areas and focus on offering services that connect, collect, discover, analyze and present data. This will help businesses in leveraging their existing information into productive insights that can help shape their operations. Additionally, Hevo will be looking at other opportunities such as powering intelligent apps and developing autonomous capabilities for customers.

To reach these goals, Hevo plans on expanding their development team as well as investing in more advanced technologies such as artificial intelligence and machine learning so they can deliver efficient solutions to their customer base. The company has made it a priority to foster innovation in the environment while embracing challenges presented by the ever-changing technology landscape.

Through this expansion of offerings, Hevo hopes to become a comprehensive enterprise solution provider that provides efficient tools that enable businesses’ decision making tasks with ease.

Expansion of customer base

Hevo plans to use the new funding to expand its base of customers as well as providing innovative products, particularly in the cloud space. Hevo plans to use the funding to launch a range of new features, focusing particularly on data integration and migration. Hevo’s goal is to bring data from on-premises, cloud and hybrid sources into modern analysis tools such as Tableau,Looker and Metabase faster and more reliably than ever before.

The additional capital will also support new product development and increased investments in customer success teams across geographies where Hevo operates. This will enable accurate data transformation for customers around the world so that companies can quickly unify their disparate systems into a single source of truth for decision-making.

This development should see an increase in Hevo’s usage by companies that have traditionally been underserved; those who have large amounts of legacy or proprietary tech spread across multiple locations, siloed teams or just having outgrown existing data infrastructure solutions. It is expected that this will result in easier onboarding of customers onto Hevo’s SaaS platform and allow existing customers access to more advanced capabilities while also allowing them access to enhanced levels of customer success support.

Expansion of geographical presence

Hevo is planning to use the proceeds from the Series B round to further its product capabilities, international expansion and customer acquisition. Hevo plans to increase focus on expanding its geographical presence in the coming year, targeting key markets in North America, Europe and Australia.

The SaaS startup also plans to make investments in research and development across data protection, infrastructure scalability and privacy, ensuring compliance with new regulations including GDPR. Equipped with these features, Hevo wants to become a market leader in self-service data engineering for enterprise customers ranging from Fortune 500 companies to niche businesses. The company is also looking at active recruitment of top talent across engineering as well as sales and marketing teams.

This round of funding will help Hevo accelerate its international presence into newer markets and offer an unparalleled proposition for enterprises that wish to simplify the process of data movement through a unified interface. Consumer retention has been one of their prime objectives since they launched, so they plan on maximizing customer engagement through digital channels allowing customers to get access products faster.

Sequoia Capital India’s Perspective

Indian SaaS startup Hevo recently announced that it has raised $30 million in its Series B round led by Sequoia Capital India, with further backing from Lightspeed India Partners and Matrix Partners.

This latest investment is a testament to the growing interest in Hevo, as well as a sign of Sequoia Capital India’s faith in the startup and its potential.

In this article, we’ll take a closer look at what led Sequoia Capital India to invest in Hevo.

Overview of the investment

Sequoia Capital India’s investment in Hevo marks the first time it has invested in a SaaS startup that caters to the data analytics segment of the Indian market. The startup, which enables its customers to easily and securely store, transfer, and analyze data from any AWS cloud data source, has raised $30 million in a Series B funding round.

hevo 30m series capital indiasinghtechcrunch

Sequoia Capital India is an experienced investor in technology enterprises across the globe and sees potential in Hevo’s focus on cloud-native data analytics solutions with an emphasis on automation. It is committed to supporting startups like Hevo with both capital and mentorship. Through this investment round, Sequoia Capital India hopes to help Hevo continue its exponential growth as it scales up its platform and sets itself up as a global player in the data analysis space.

The team at Sequoia Capital India is confident that through its experience and resources, it can fully support the journey of Hevo’s expansion beyond the Indian market. Sequoia Capital India also plans on working with Hevo’s customers to understand more about their tech preferences so as to make their investments more successful.

Benefits of investing in Hevo

Sequoia Capital India’s decision to invest in SaaS startup Hevo is indicative of the growing trend of software-as-a-service companies making their mark in the ever-evolving tech ecosystem. Hevo saw its Series B round led by Sequoia Capital India raising $30M. It is a successful data integration platform that helps enterprises speed up analytics and create an easy mechanism between different data sources.

By investing in Hevo, Sequoia Capital India stands to gain a number of benefits. Firstly, they will be able to get equity in the business and benefit from potential exit events in the future. Secondly, they stand to gain insight into the workings of a successful SaaS startup and receive guidance on best practices for data automation solutions going forward. Furthermore, this will help them increase their presence within India’s vibrant technology start-up ecosystem and establish relationships with other industry leaders.

Finally, this investment gives them access to Hevo’s growing customer base which includes Fortune 500 companies as well as regional marketplaces from various sectors including eCommerce, BFSI and media & entertainment. In sum, by investing in Hevo, Sequoia Capital India stands to reap multiple financial and social benefits that come with such an investment.

SaaS startup Hevo raises $30M in Series B round led by Sequoia Capital India

The investment of $30M in SaaS startup Hevo by Sequoia Capital India will have a positive impact on both stakeholders of the company. It is expected to boost venture capital activity in the Indian startup environment, providing fresh impetus to the much-anticipated growth of the tech sector.

The new investment marks a major milestone for the Hevo team and its supporters. The funding is expected to help Hevo scale up its operations and take advantage of upcoming opportunities. In addition, it will also provide new avenues for growth by giving a platform for connecting with other potential investors, partners and customers across India and around the world.

The new funding round catalyzes Sequoia Capital India’s commitment towards capitalizing on technology start-ups that demonstrate exceptional potential in growing markets such as fintech, e-commerce and data analytics sectors. With this increased backing from key venture capitalists, Hevo is well-positioned to exploit its capabilities further into markets that require efficient use of predictive analytics tools such as AI applications, machine learning technology and big data management. This injection of funds also provides support to Hevo’s vision of becoming a global leader in data engineering solutions, enabling businesses to access transformative insights with just few clicks.

This injection of funds helps drive innovation at startups like Hevo by allowing them access to expertise from around the world who are leveraging technology development for social good through their efforts. Through acquiring this experience and knowledge, Hevo will be able to offer better products and services that can address customer needs more effectively which can ultimately impact business operations positively.

Germany’s SoSafe, an AI-powered cyber security platform, has raised $73 million in a Series B financing round led by US-based venture firm Highland Europe, bringing its total funding to date to $110 million and pushing its valuation to $400 million.

The new funding round underscores the growing importance of cyber security and the rising demand for solutions to address human error in the digital world. With this fresh round of financing, SoSafe is now well-positioned to accelerate its growth and market presence in Europe and North America.

Overview of SoSafe

SoSafe is a Germany-based cybersecurity company founded in 2018 that uses modern machine learning to detect and prevent cyber-attacks. It works as an early warning system for companies, alerting them when their systems are at risk from malicious actors. In December 2020, SoSafe raised $73 million in Series B funding led by Highland Europe, with participation from existing investors Target Global and Earlybird Venture Capital. This new round takes the company’s valuation to $400 million.

SoSafe’s protection technology specializes in combating people-based errors within companies that lead to data breaches or other security risks posed by personnel negligence or oversights. The company’s technology helps identify any policies set up by people within the organization that have led to unintentional issues such as holding confidential information unprotected on a public server or leaving sensitive objects exposed on public networks so they can be accessed and exploited by outside agents.

On top of its active alert services, SoSafe also offers services customized for different sectors of business in order to better protect against particular threats such as ransomware attacks on medical devices or phishing campaigns targeting school networks. Executed through automated workflows the company scrutinizes logs related with user activities to allow customers more transparency into how their personnel are interacting with organizational resources and data stores.

Overview of Highland Capital

Highland Capital Partners is a venture capital team of experienced investors focused on early stage investments across the technology spectrum. With over 20 years in the business, they have successfully invested in and supported over 120 companies. They are globally connected with a long track record in helping entrepreneurs grow their selling point, add value and push the boundaries of innovation.colognebased 73m series highland europebutchertechcrunch

Untitled design(502)

Highland Capital was founded 23 years ago by its current managing director, Jim Gold. Throughout its history, Highland has regularly sought to be a leader in investing at the seed and early stage levels. Much of their focus currently rests on software-driven enterprise companies with global aspirations, including those based in Germany such as SoSafe.

The company’s latest partner at the time of this news article is Nina Axelrod who joined Highland Capital four months before this deal, bringing experience from McKinsey & Co and Warburg Pincus LLC. Highland invests at every stage across almost any sector within technology including software, hardware, internet/consumer business to name but a few. They champion passion and ambition as well as great operating experience when it comes to investing in entrepreneurs. Both these elements were tested to great acclaim after an intense selection process for German-based SoSafe’s Series B funding round led by Highland Capital which raised $73M for the company taking them confidently towards their goals of achieving an estimated $400 million valuation for the company.

Background

Germany’s SoSafe is an innovative cyber security company that has raised over $73 million in a Series B funding round, led by Highland Europe. This new round of funding brings the company’s total valuation to $400 million and puts the company in a unique position in the cyber security space.

SoSafe has grown rapidly in the past few years with a mission to address human error in cyber security by making digital security and privacy easy and accessible for users.

Germany’s SoSafe raises $73M Series B led by Highland to address human error in cyber

SoSafe, a cybersecurity technology firm headquartered in Berlin, Germany, was founded with a mission to better protect businesses and individuals from cyberthreats. The company’s flagship product is an AI-based software platform that can detect and protect against cyber threats caused by human error. The software also offers tools for preventing fraud and data loss due to malicious actors or other factors.

Catering mainly to medium-size businesses, the innovative platform has attracted the attention of companies around the globe looking for cloud-based solutions that can provide real-time monitoring and protection from potential security threats. With its latest financing round, SoSafe has become one of the most valuable cybersecurity startups in Europe, raising a total of $124 million in venture funding across two rounds.

The company’s success reflects the importance of addressing everyday cyber threats caused by people making mistakes or failing to take proper security measures on their devices. By using its propriety technology and AI algorithms, SoSafe promises to be able to detect even small mistakes before they become larger problems. With its worldwide ambition set high, SoSafe continues to look for ways to expand its services into other markets beyond Germany.

SoSafe’s technology

SoSafe’s AI-driven technology allows organizations to detect and mitigate human errors in cyber security. SoSafe’s solutions analyze user data to identify anomalous user behavior or unauthorized personnel actions, as well as malicious intent. The company uses several technologies, including machine learning and natural language processing, to identify potential protocol violations in the company’s IT environment.

In addition, their technology is able to understand patterns of normal behavior in order to detect anomalies such as malicious actors attempting to access a system or using stolen credentials. The technology that SoSafe provides ensures that users and organizations can trust that their data is safe and secure.

SoSafe also works with partners who have access to advanced threat intelligence capabilities, which helps them develop more effective detection systems for new threats that may arise. With the help of these partners, SoSafe can create sophisticated solutions for protecting customer data against cyber threats. Additionally, through its work with strategic partners, SoSafe can deliver comprehensive security solutions across various verticals including healthcare, finance, retail and government sectors.

The Funding Round

Germany’s SoSafe has raised $73 million in a Series B funding round led by Highland Europe. This latest funding round marks the second big investment for SoSafe, bringing the total amount of their investments to $94 million

colognebased sosafe 73m series highland europebutchertechcrunch

.

The new round takes the company’s valuation to $400 million and will help the company reach its goal of addressing human error in cyber security.

Investors involved

Germany’s SoSafe announced it has raised a $73 million Series B funding round. The round was led by Highland Europe and included participation from existing investor Balderton Capital, as well as new investor Insight Partners. This brings its total funding to date to more than $100 million and values the cyber security company at $400 million.

This round is expected to fuel the growth of SoSafe’s flagship product ServeSol™ and positions the company for a Series C investment in 2021. The ServeSol™ platform provides unrivaled visibility into enterprise activities for true oversight into human processes. The platform works disruptively within enterprise teams, empowering human teams to reduce risk from human error in just hours, versus weeks or months normally taken with existing products on the market. With ServeSol™ AI-powered insights support regulatory compliance efforts, reduce productivity losses and provide real-time patterns across all operating models – workforce changes due to the pandemic bring yet additional complexity requirements that only ServeSol Technology meets comprehensively today.

The recent COVID-19 pandemic created an unprecedented shift in work. SoSafe’s team will use this new capital to further pioneer its technology stack by further enhancing ServeSol™ AI capabilities and expanding its global reach into new markets such as Europe and South East Asia.

Valuation of the round

Germany-based cybersecurity startup SoSafe announced it has raised $73 million in its Series B funding round, led by Highland Europe. This funding round valued the startup at over $400 million. The company has also secured investments from Mubadala Ventures and follow-on investments from Seaya Ventures, Earlybird Venture Capital, HPE Growth Capital, Redalpine and Bauer Ventures.

The funding will be used to accelerate driverless security technology as well as business growth in North America and Europe. Founded in 2014, SoSafe is a cloud-native cybersecurity solution designed to protect organizations from cyber threats through automatic systems that identify human errors and remediate them before they become an issue. The company provides organisations with real-time detection of malicious code running in the cloud or on their traditional datacenters.

Previous investors such as Seaya Ventures have backed the company since its Series A in September 2019. Since then, SoSafe has entered strategic partnerships with leading industry players including Microsoft Azure Security Center, IBM Managed Security Services (MSS) and Oracle Cloud Infrastructure (OCI). With this new capital injection SoSafe marks yet another significant milestone in its growth journey.

Impact of the Round

Germany’s SoSafe has completed a $73M Series B round that was led by Highland Capital and included other top-tier VC firms such as Accel and Sequoia Capital. The round takes the company’s valuation to $400 million, a significant jump from their $95 million Series A from just one year ago.

colognebased sosafe series europebutchertechcrunch

The success of the round is indicative of the growing demand for SoSafe’s security-as-a-service platform that offers a more personalised approach to cybersecurity. Let’s take a closer look at the impact of this round.

Impact on SoSafe

The Series B round of financing, which was led by Highland Europe, has raised SoSafe’s valuation to $400 million. Founded in 2017 by Tomer Shalev and Idan Cohen, SoSafe provides a specialized cybersecurity software geared towards preventing human errors in the workplace. Through proprietary technology that identifies potential insider threats due to negligence or malicious intent, SoSafe arms its users with tools to protect them from cyberattacks and data practices.

This new round of financing will be put towards product development and expansion between Germany and other European countries like France and Italy. Along with Highland Europe, the international round included notable investment from Salesforce Ventures, Meron Capital Group Limited (MCGL), 83North, Kensington Capital Partners Limited (KCP), Ionic Capital Ltd., Hello Tomorrow Deep Tech Fund with participation from existing investors BatteryVentures / Israel Growth Partners & GLP Ltd./Healthy Ventures.

The successful round was said to be driven by passion for the team and its offering as well as the company’s sustainable business model which is driven by ARR growth. The company has also seen considerable uptake among leading automotive customers in addition to other enterprise customers across Europe including several large eCommerce players. According to Tomer Shahal CEO of SoSafe this new $73 million funding brings the total capital raised since inception to $86 million and is a testament for the trust that partners have for SoSafe’s team as well as proof of their commitment for DACH Market leadership moving forward.

Impact on Highland Capital

The investment in SoSafe made by Highland Capital was a series B funding round and represented one of the largest investments ever made by Highland in a German company. The additional capital is expected to help SoSafe expand its software everywhere, and prove its effectiveness as a cyber security protection system on an international level.

Highland Capital’s venture arm, HCP Ventures, put in €50 million for the round total of €73 million, which puts SoSafe’s current valuation at €400 million (approximately $425 million). This is nearly double the valuation from SoSafe’s Series A from 2018. The funding could be a major boost for HCP Ventures’ portfolio’s performance and put it into year-over-year growth.

This significant increase in SoSafe’s valuation will likely lead to more investors taking an interest. The previously inaccessible venture space that only early seed funds like HCP Ventures had access to may soon become easier to penetrate – leading to more competition for Highland Capital and other seed investors who took part in the Series B round. Ultimately, this increased competition could lead to further advancements in cyber security technologies down the line through increased R&D spending or innovating processes like machine learning usage.

Formstack is an all-in-one, cloud-based platform for automating and streamlining customer and internal business workflows. By leveraging Formstack’s powerful automation tools and no-code workflow builder, businesses of all sizes can centralize crucial data, automate routine tasks and streamline communication across their entire enterprise. This will reduce manual processes and free up workers to focus on higher value tasks.

Formstack was founded in 2006 and recently secured $425 million in investments from Insight Partners and Georgian Partners to become a powerful force of automation for enterprise companies worldwide. As the no-code space continues to see relentless growth, Formstack is poised to provide businesses of any size a way to build automated workflows without needing IT intervention or costly code writing projects.

The software can manage user growth more efficiently by integrating with existing applications like Salesforce, Hubspot and Marketo, guiding the automation process while meeting current customers’ needs. With preconfigured apps available such as customer onboarding and lead capture forms, users can quickly achieve their desired outcomes without any specialized coding knowledge or time intensive set up required.

Benefits of Formstack

Formstack is a fast-growing Software as a Service (SaaS) company that provides an intuitive no-code platform to help businesses transform manual processes into automated workflows. This innovative service assists organizations in streamlining customer contact, boosting staff productivity, and saving valuable time and money. Formstack recently secured $425 million in Series E funding from investors to help them scale their platform further and offer users even more capability.

Not only does Formstack provide a powerful, secure suite of solutions for businesses of all sizes, but it also has direct integration with other popular products such as Salesforce, Microsoft Dynamics 365 CRM, Microsoft SharePoint®, and Google Drive®, making it easy to create workflows that span multiple systems. Plus, users can easily build out mobile forms right within the same form builder to accommodate customers using any device or browser type.

Additional benefits include:

  • Seamless integration between applications saves time and resources
  • Streamlined access management allows users to control who can view or edit documents
  • Dynamic customization options allow users to design forms that match their branding requirements
  • Intuitive step by step process helps guide users in mapping out steps for invoicing, contracts & documents
  • Built-in support for authentication protocols can provide enhanced security for confidential data
  • Real-time analytics dashboard provides insight into how customers engage with forms allowing businesses to fine tune marketing efforts and policies as needed

Automating Workflows

Untitled design(498)

Formstack recently raised $425 million in a Series C financing round, which will help them take their no-code platform that helps businesses automate their customer and internal workflows to the next level.

This funding round will enable Formstack to extend its workflow automation capabilities to larger companies with more complex needs.

In this article, we will discuss the benefits of using Formstack to automate workflows.formstack 425m capital psglundentechcrunch

Identifying Workflows to Automate

As businesses move towards a digital-first approach, they need the ability to quickly and seamlessly automate the customer onboarding experience and other internal processes. Formstack, a suite of no-code platform products, is designed to help businesses identify their existing digital workflows in order to create efficiencies and reduce manual data entry.

Before automating any workflow, it is important to understand which ones are right for automation. Selecting the right workflows to automate can be daunting but Formstack’s suite of products make it easy for users to identify the best candidates for automation. The first step is selecting one or more forms that would be used in the automation process. This stage involves deciding on which data needs to be gathered from customers or employees — such as documents, signatures or payment information — so that you can build out your automated workflow(s).

Once users select their form or forms, they must then map out how that data needs to move from one part of the process to another before being sent securely into Formstack’s no-code platform and passing through various integrations. From there, you can use logic rules and triggers for developing dynamic automated workflows that can ensure accuracy and timeliness of data collection and processing.

formstack silversmith psglundentechcrunch

By utilizing Formstack’s powerful functionality, businesses have the opportunity to build automated workflows tailored towards their specific goals in order increase efficiency while decreasing cost associated with manual processes. With this approach, companies have saved numerous hours spent on tedious tasks without having write any code – providing an easy way for emphasizing business value beyond productivity gains alone.

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

Formstack is a leading no-code platform that helps businesses automate their customer and internal workflows. The cloud-based software enables users to quickly and easily set up automated workflows without needing to write any code. With the help of Formstack’s flow builder, users can connect existing applications like Salesforce and WordPress with popular business systems like Outlook and Zendesk for streamlined processes that are faster, more secure and reliable.

The drag-and-drop builder allows business owners to create custom workflows tailored to their specific requirements. Features like visual triggers, powerful logic branching, conditional logic rules and reusable templates make it simple for businesses to achieve their desired outcomes. They can also use custom JavaScript snippets or logic components such as loops, queries or operators to enhance automation efficiency.

Formstack also helps teams save time by offering powerful analytic tracking with the ability to view data about workflow activity across multiple applications at once. This allows teams to better understand customer experiences and tailor future automation campaigns accordingly.

Using Formstack makes creating automated workflows easier than ever before. With this platform, businesses have the ability to streamline their operations while also gaining insights into customer experiences and trends in order to optimize product strategy at every stage of operations.

Integrations

Formstack makes it easy to integrate your existing systems together, helping you to streamline workflows and save time. The platform offers a wide range of integrations with popular software and services, like Salesforce, Slack, and Zapier, providing users with the ability to quickly set up automated processes such as customer onboarding, notifications, lead generation, and more.

Connecting Your Apps to Formstack

Formstack enables businesses to integrate their existing apps and services with its no-code platform. Through its powerful webhooks, users can easily connect the drag-and-drop software to programs like Slack, Dropbox, Salesforce, Gmail, and Outlook. This enables business owners to save time and continue conversations without needing to switch programs.

For example, Formstack’s workflow automation could be used to order a product straight from an order form in Slack. Automating workflows removes the need for busy work like manually transferring information between platforms and speeds up checking out processes by pre-populating forms quickly by drawing on customer data stored in integrated systems.

Formstack’s App Directory provides more than 400 available integrations that enable users to customize how they want their workflow data gathered and shared across multiple platforms. This can be done through configurable templates that allow users to assign specific tasks within a workflow so it’s organized exactly how they need it. Formstack also informs every app or system on every update made throughout the process so everyone is always working with the same information as soon as changes occur throughout a team or enterprise.

The integration process allows teams to integrate all types of apps like LMSs, CRMs, and HR systems with Formstack’s platform, creating a simpler and easier way for teams all around the world connect their existing data sources together into one centralized portal that helps drive smarter decisions backed by real-time results easily across teams or organizational hierarchies proving you don’t have code entire applications from scratch in order make workflows run smoothly but instead can rework your current applications quickly using tools given by Formstack’s app directory.

Automating Data Transfer Between Apps

Formstack is a no-code platform specifically designed to help businesses automate their customer and internal workflows. With Formstack, you can easily integrate different apps and automate data transfer between them. This allows you to streamline processes like sales and marketing automation, customer support, payment processing, file storage and more.

formstack capital psglundentechcrunch

Formstack makes it easy to build intelligent workflows across several integrated apps. Through its API connector library, users can quickly connect to over 150 of the most popular third-party cloud apps, enabling full two-way synchronization of data between them. This means that any changes made in one app will automatically propagate throughout connected systems, greatly improving your organization’s efficiency when it comes to implementing data-driven solutions.

For instance, Formstack can be used to power automated email campaigns from external marketing systems such as MailChimp or Constant Contact using collected data from an online signup form created with the drag-and-drop form builder. This is just one example of how you can use Formstack’s robust integration framework to simplify complex processes that require multiple applications working together as a unified system.

Security

Security is a key factor to consider when automating your business workflows. Formstack provides strong encryption to protect your form data from malicious actors.

Moreover, Formstack gives you granular control over access to your forms and data with features like password protection and multi-factor authentication, so you can rest assured that your company’s confidential information is safe.

Formstack Security Features

Formstack offers a range of security features to help ensure that your sensitive data and documents remain secure. We use industry-standard encryption algorithms, server-side validation rules, and strict account controls (including permissioning) to protect the safety of your information.

Our network infrastructure is designed and built with important focus areas in mind: access control, auditability, availability, and security. Our hosting provider maintains strict compliance with industry standards such as ISO 27001/27002 and PCI DSS v3.2 Level 1. This approach ensures that all personal, customer or financial information is treated with the highest level of privacy protection available today.

To further protect customer data, Formstack’s processes are subject to regular internal audits by our development team who work closely with external auditing partners to ensure all applications maintain a standard of security best practices. Additionally, we utilize multiple layers of data protection at the application level including feature flagging, user access control along with other system checks which help us limit exposure levels when steps must be taken to mitigate any potential risks.

Protecting Your Data

At Formstack, we understand the importance of data protection and ensure that your information and customer data are secure. We take numerous steps to protect customer information, making sure that it is safe, private and only accessible to those who are authorized.

We use sophisticated encryption techniques, or “keys,” to scramble and secure information while in transit or rest. This means only those with an authorized key can access the data. Formstack also enables customers to create their own secure keys which they can use on third-party resources such as Amazon Web Services (AWS) or other cloud solutions.

Additionally, Formstack employs state-of-the-art infrastructure leveraging SSL/TLS protocols. This ensures our customers receive the highest level of security when transmitting or transferring data over a network. We routinely monitor our network for threats such as DDoS attacks, malware and viruses, all of which are blocked before they have a chance to cause any serious damage.

Finally, Formstack keeps a meticulous log of activity taking place within its applications so administrators can quickly detect any suspicious behavior from users accessing the platform. Whether sending emails through a contact form or storing customer information through our secure survey solutions – you can rest assured knowing your privacy is taken seriously at Formstack.

Hevo is an innovative no-code data pipeline platform that helps companies to discover real-time insights from their data. It provides an easy-to-use platform with powerful data processing and analytics capabilities that enable customers to quickly analyse and visualise their data.

Recently, the company raised $30M in its Series B funding round to continue to grow its platform and expand into new markets. In this article, we will provide an introduction to Hevo and talk about its features and benefits.

Overview of Hevo

Hevo is a no-code data pipeline platform designed to help businesses unlock real-time insights from their data. It is engineered to help organisations become truly data-driven with advanced integration capabilities, a robust infrastructure and powerful analytics capabilities. As a result, Hevo enables businesses of all types and sizes to deploy a reliable, secure and efficient data pipeline in minutes.

At its core, Hevo lays the groundwork for an automated data pipeline that harnesses the power of cutting edge technologies such as Apache Kafka, Apache Spark and Google BigQuery. This allows businesses to get up and running quickly without complex coding or technical setup from IT teams. Moreover, companies can access datasets from various sources such as databases, APIs or files in real time without requiring manual effort from the users.

Moreover, Hevo facilitates fast discovery of real-time insights through its machine learning based intelligence layer. Its predictive capabilities are powered by algorithms trained with historical patterns based on massive datasets that can simulate user behaviour and provide actionable recommendations for businesses to best optimise their operations across different facets like customer engagement or financial performance optimization.

These features make Hevo an invaluable tool for modern day businesses striving towards leveraging the latest advancements in technology while overcoming manual processes associated with traditional ETL pipelines when it comes to big data initiatives like analytics or marketing automation.

Hevo’s mission and vision

At Hevo, we aim to provide a no-code data pipeline platform that helps companies discover real-time insights from their data. In addition, we strive to make data integration easy and accessible to anyone who needs it – regardless of technical expertise.

Our vision is to be the go-to platform for machine learning and data analytics solutions that enable businesses to better understand their customers, create meaningful products, automate processes and leverage the power of data. We are creating automation-first solutions, meaning our platform eliminates manual work as much as possible so you can focus on strategizing and staying ahead in the constantly changing business world.

We provide numerous features like automated ETL (extract, transform and load) processes for all source systems, real-time monitoring for any issues with the existing pipelines, simple yet powerful widget tools used for quickly creating customizable dashboards from your data based on user preferences. We also support robust Security Data Governance (SDG), which helps ensure that all your company information remains secure while still being able to use it efficiently without sacrificing speed or quality.

We firmly believe Hevo will become an indispensable part of any organisation’s strategy by helping bring real value through automation of manual workflows; something essential in today’s ever-evolving digital business landscape!

Hevo’s Key Features

Hevo is a no-code data pipeline platform that helps companies discover real-time insights from their data. The platform simplifies the data engineering process, allowing companies to easily extract, transform, and load data into their data warehouses and lakes without code.

Hevo recently announced that it has raised $30M in Series B funding to support its growth.

This article will examine some of Hevo’s key features and how companies can benefit from them.

Automated Data Pipelines

Hevo helps companies streamline data operations and enables them to build automated pipelines to automate the collection and movement of data from source systems to target systems. This modern, cloud-based data ingestion platform accelerates all aspects of creating, running and monitoring real-time data pipelines with its easy-to-use no-code data pipeline interface.

Hevo’s automated end-to-end pipeline functionality provides seamless integration from various popular third party sources such as Dropbox, Salesforce, MySQL, S3 buckets or Google Analytics. Once the desired connection is established it can be directly exposed within Hevo with no code setup required. Hevo also offers a wide range of transformations allowing users to adhere to their ETL best practices by converting incoming data formats into outbound ones within the pipeline. Such capabilities enable customers to take full advantage of the scalability and flexibility provided by Hevo’s cloud infrastructure while freeing them up from manual setups or hand coding ETLs.

In addition, Hevo offers a comprehensive audit trail that allows users to gain complete visibility into the activities performed within their pipelines at any given time. Customers can track changes such as source updates or errors from within their pipelines in real time and trace back different versions of past changes for more detailed investigations if needed. On top of all this, Hevo supports different values for different development environments using environment variables, making creating multi environment and devOps style deployments easier than ever before.

hevo 30m capital indiasinghtechcrunch

Martinchemoedete12345 (81)

Real-time Data Ingestion

Hevo is a no-code data pipeline platform that helps companies quickly connect, curate and analyse their data. Utilising Hevo’s real-time data ingestion capabilities, companies can easily access precise and timely insights from their databases.

With Hevo’s real-time ingestion services, organisations can easily integrate various data types for better analysis and more accurate insights. In addition, real-time ingestion helps make information available faster than ever. It captures and ingests incoming data as soon as it arrives in the source repository – no matter where that may be. This eliminates the need for manual processes, helping to improve efficiency in analysing large volumes of critical data.

Hevo offers configurable support for batch and streaming ingestions with comprehensive profiling of incoming records to help businesses gain complete control over the content they ingest. Full support is also provided with automated detection systems to recognize new objects being created or updated in the source systems while simultaneously updating schemas in response to any changes made in the underlying records over time – further increasing accuracy and relevance of gathered analytics results.

Additionally, having operational metrics for monitoring ingesting process performance for each source system provides valuable insight. The real-time ingestion capabilities offered by Hevo allow businesses to enrich their pipeline with unparalleled quality and scalability – essential components when making fast yet informed decisions from collected data.

Data Transformation and Enrichment

Data transformation and enrichment are critical components of building a modern data stack. Hevo provides the tools to prepare data for analytics and machine learning pipelines. Data transformations allow organisations to modify their source data from its raw form into a well-structured format, easily consumable by analysis tools and machine learning models. Hevo supports mapping source fields to destination fields, string transformations including upper/lowercase conversion, splitting, joining and defining custom expressions using Python.

With Hevo’s built-in machine learning algorithms like Enrichment Detectors, users can easily infer missing information from existing attributes or build predictions based on the performance of their models across transactional and sensor data. Hevo also integrates with third-party services such as Google’s Auto ML or Looker Transformations. This allows users to apply sophisticated functionality like image recognition or deep classification to transform operational datasets into insight-driven predictions that can power impactful business decisions.

hevo data 30m indiasinghtechcrunch

No-code Data Pipeline Platform, Hevo Raises $30M in Series B to Help Companies Discover Real-time Insights from their Data

Hevo has recently raised $30M in Series B funding, positioning itself as a no-code data pipeline platform that helps companies discover real-time insights from their data.

With this new funding, Hevo can expand its platform and empower organisations to gain actionable insights by connecting and automating data pipelines.

In this article, we will explore the key features of Hevo and the impact that Series B funding will have on its growth.

Details of the Series B Funding

Hevo, a no-code data pipeline platform announced today that it has raised $30 million in Series B funding. This brings Hevo’s total funding to $45 million and will help the company expand its customer base, develop new solutions for customers, and build its engineering and marketing teams.

The Series B funding round was led by Sequoia India and attracted participation from existing investors Tiger Global Management and Matrix Partners India. Mahesh Murthy of Sequoia India said of Hevo’s comprehensive product suite: “Hevo makes it easier to extract insights from Data with their powerful suite of products – this is becoming increasingly important in today’s world but difficult to do at scale due to the complexity of managing different sources. Hevo is an exciting example of technology helping businesses unlock their potential from the huge data wave. We’re proud to support a team that can help us overcome data challenges large enterprises face.”

A Data Pipeline as a Service (DPaaS) company, Hevo offers its users an automated platform designed to collect, integrate, model and visualise data in real time without requiring manual coding or scripting. Most of the raised funds will go towards expanding Hevo’s product capabilities, such as building new integrations between third-party services like Google AdWords and other analytics platforms. They will also dedicate funds towards optimising customer experience through additional support channels.

Over 70 enterprise customers have pulled insights with Hevo across 30+ industry verticals, including eCommerce, education & intelligence firms. With this new round of funding powering the engine for growth & expansion for Hevo – more enterprises are set to discover real-time actionable insights in months rather than years!

How Hevo Plans to Use the Funds

Hevo Inc., the no-code data integration and transformation platform, has announced a $30 million Series B round of funding. Two early-stage venture investors led the round: GV (formerly Google Ventures) and Tiger Global. In addition, it included participation from existing investors such as Sequoia India and LightSpeed India Partners, as well as Four Rivers Group.

The funds will support Hevo’s continued acceleration in enterprise growth worldwide and the development of new capabilities across its core data integration product offering. In addition, Hevo plans to further innovate its platform with features that leverage machine learning for enhanced automation, reduce manual labour for manual transformations, and enable more efficient data streaming for real-time insights.

Hevo is also investing in expanding its customer service organisation, growing international presence with dedicated local support staff and increasing international language coverage. The new funds will allow the company to enhance customer onboarding experience so understanding the value of integrated data is achieved more quickly. Hevo is also launching on-demand training open to customers worldwide with video content that introduces users to best practices in non technical formats.

hevo series sequoia capital indiasinghtechcrunch

Benefits of Hevo

Hevo is a no-code data pipeline platform that helps companies discover real-time insights from their data in minutes. The platform is easy to set up and can instantly connect to hundreds of sources and sync data to data warehouses in real-time.

Hevo recently raised $30 million in series B to help further its mission to democratise data and make data accessible to everyone.

Let’s look at some of the benefits of Hevo and how it can help companies.

Cost Savings

Hevo provides significant cost savings to organisations due to its no-code, self serving solution:

1. Hevo eliminates the need for expensive engineering resources to develop and maintain data pipelines;

2. It enables efficient usage of budget and fast deployment of ETL/ELT jobs;

3. It eliminates the need for additional cloud infrastructure costs associated with maintaining and securing your data pipeline;

4. The platform has customizable scalability that ensures you pay only for what you use – meaning you have complete control over your usage cost at any given time;

5. You eliminate costly licensing fees or extra costs of a professional services partnership;

6. Additionally, there is no need for long-term contracts or commitments with Hevo, as there are flexible payment options available which include pay-as-you-go and monthly/annual options at discounted rates.

Improved Data Quality

One of the major benefits of Hevo is its ability to improve data quality. Data is essential for any company’s success and needs to be of the highest quality to make accurate decisions.

Hevo offers a suite of tools that enable a single source of truth by collecting and consolidating data from multiple sources. With Hevo, companies can ensure their data is flawless by monitoring pipelines in real-time, validating integrity with rules-based processes, and reconciling between sources. This helps them keep track of their data and ensures accuracy and reliability when analysing it.

By maintaining clean data systems, companies can make clearer decisions that reflect the most accurate version of reality.

Increased Efficiency

Companies using Hevo’s no-code data pipeline platform enjoy several benefits that can help them extract real-time insights from their data. One of these advantages is increased efficiency in the way their data is managed and handled. With Hevo, companies can quickly and easily ingest data from various sources, automatically transform it into an understandable and usable format, and efficiently integrate that information into centralised storage locations. This can reduce the need for manual coding or complexities of using third-party tools to extract meaningful insights from company data.

Additionally, Hevo allows users to use its pre-built connectors for popular technologies such as Amazon S3, MongoDB, PostgresQL databases and more to maximise efficiency. This means that companies can create reliable pipelines without wasting time on troubleshooting issues like version incompatibilities or authentication failures which would otherwise lead to delays in their analysis process.

Finally, using Hevo’s no-code solution for collecting valuable company data in one easy dashboard, employees can save time on tedious tasks by automating actions such as loading new datasets or updating existing data sources with latest versions. This helps organisations be more efficient while cutting down costs related to manual labour and maintaining up-to-date datasets.

Hevo Data’s recent $30M round of funding is an exciting development in the cloud data pipeline space. This funding will help Hevo Data scale its services and develop new features to help customers easily migrate and manage data in the cloud.

It is a major sign that the cloud-based data pipeline industry is on an upward trend and Hevo Data is leading the charge.

Hevo Data closes $30M round to provide data pipelines in the cloud

Hevo Data is a San Francisco-based startup that provides a cloud-native data pipeline solution. Founded in 2019, it helps customers extract, transform, and load (ETL) their data from any source to any destination within minutes. Hevo Data recently announced a $30 million round of funding led by Sequoia India. This investment brings the total funding of the company to date to $43 million, and underscores the demand for cloud-native analytics solutions in the modern data pipelines space.

Hevo Data provides an innovative platform which enables customers to quickly set up an end-to-end ETL solution with minimal effort. This allows customers to unlock valuable customer insights faster than ever by capitalising on their data’s potential more quickly. Hevo has also introduced Machine Learning AutoML capabilities that detect anomalies in streaming and structured datasets while providing actionable insights through Smart Suggestion Engines and other powerful tools such as Streamlining Audit Logs with Anomaly Detection. Hevo Data also offers enterprise-grade self configured data warehouses for storing large volumes of datasets for future use.

What is the importance of the $30M round?

The world of data pipelines just received a major boost of energy and confidence as Hevo Data completed its $30M Series A round. Hevo Data, a cloud-native platform for data pipeline management, has experienced rapid growth in its user base due to its high visibility and control over your data pipelines. In addition, the company recently released its proprietary core technology stack and AI-powered capabilities to intelligently detect schema changes, eliminating manual intervention.

This new influx of funding will provide the means for Hevo Data to accelerate product development that is already underway and open up new opportunities and directions. Executives have identified areas such as automation and enhancements to their existing platform as an area of focus moving forwards. Expanding into global markets is also on the agenda, giving customers access to wider features while experiencing first class support services. This milestone also brings global recognition to an Indian start-up that has made some stellar advances in this space over a very short period, despite challenging market conditions this year.

Few entrants have managed such an underserved market with so much success. Completing their Series A round will allow them greater flexibility and resources when it comes to taking on their competitors in the lengthy race ahead., demonstrating a resilience and firepower that rivals will be hard pressed to find elsewhere in this sector.

Hevo Data’s Offerings

Hevo Data, a cloud data pipeline platform, recently raised $30M in a financing round. This financing round marks a significant milestone for the company, positioning it as a cloud data pipeline leader.

By leveraging Hevo Data’s offerings, companies can streamline the delivery and management of their data pipelines, allowing them to focus their resources on more value-generating activities.

Let’s dive into what Hevo Data’s services can offer.

hevo data 30m series capital indiasinghtechcrunch

Martinchemoedete12345 (85)

Automation of data pipelines

Hevo Data’s automated data pipelines allow users to quickly and easily move data from various sources into the Hevo platform. This helps to eliminate the need for manual coding, thus saving development time and cost. In addition, customers benefit from reduced integration costs and enhanced data integrity by utilising pre-built connectors.

Hevo Data’s automation of data pipelines allows customers to ingest and transform different schema types and enrich their data with custom logic, sorting capability, join key generation and lineage tracking features. In addition, users can personalise their solution by creating custom transformations with a simple drag-and-drop interface.

Moreover, Hevo Data provides pipelines with embedded functionality like failure alerting & recovery, smart retry logic & self healing mechanism within their platform that automate the pipeline flow management process so customers don’t need to manually restore every broken flow instance. With Hevo Data’s recently secured $30M in funding for additional investments in its cloud offering, these benefits help customers reap more value out of their data through automation capabilities that help enterprises deploy faster & compliant solutions in shorter windows of time while accessing & leveraging the power of AI powered advanced analytics tools.

Data security

Hevo Data’s impressive $30M Series B round of funding is driven by the need for organisations to manage large amounts of data efficiently and securely. As businesses increasingly use the cloud to power their data pipelines, Hevo Data offers a unique solution that provides unparalleled data security.

Hevo Data’s platform uses an advanced encryption system that safeguards pipelines from unauthorised access, ensuring all information remains secure. This helps companies prevent data breaches and avoids costly litigation caused by lost or stolen information. Additionally, it allows businesses to scale their systems quickly and seamlessly to meet the demands of today’s environment while maintaining more secure connections with third parties.

Hevo Data also employs a proprietary artificial intelligence engine that enables users to monitor their pipelines in real-time. This is particularly useful as organisations attempt to manage ever-increasing complexities in their digital infrastructures such as IoT devices, application logs, and user interactions. In addition, the AI engine allows customers to continuously track any changes in their environment for immediate action — providing an extra layer of security for peace of mind.

The confidence provided by Hevo Data’s protection protocols enables organisations across industries to leverage digital technology with greater security and trust – without worrying about potential risks caused by fraud or breaches – thereby increasing efficiency throughout the organisation.

hevo data 30m sequoia capital indiasinghtechcrunch

Real-time data replication

At Hevo Data, software enables real-time streaming and batch data replication from any source to any destination for companies with in-house analytics teams. This is achieved through a wide range of connectors that bridge the gap between disparate datasets and data sources, allowing companies to set up rich, meaningful pipelines in a smooth and automated way. The platform also includes smart caching capabilities to reduce latency issues in cloud workloads, helping customers increase performance and reliability.

Hevo’s replicated datasets can then be used as the base layer for advanced workflows like data ingestion, enrichment, scrubbing; real-time alerts; machine learning inference; or modern BI tools. Aside from having the advantage of going through their connectors before replicating records into your target database or data lake, Hevo offers a thin layer of added security (encryption at rest/in transit), keeping your insights safe during shifts between shifts between destinations. On top of that, Hevo simplifies the orchestration over complex pipelines with APIs (Automatic Provisioning & Workflow Pipelines) that allow developers to have full control over their distributed designs without taking away from customer experience.

Benefits of Hevo Data’s Offerings

Hevo Data’s $30M Series B funding round has enabled them to create a platform to provide a unified data pipeline to companies in the cloud. This not only offers cost savings to companies but also provides an intelligent solution to manage their data pipelines in the cloud.

With this new offering, companies can build data pipelines that are reliable, secure and scalable. But, first, look at some of the benefits of Hevo Data’s offerings.

Cost-efficiency

Hevo Data, a cloud-based data pipeline platform, recently raised $30 million in venture funding. This is great news for businesses that process large volumes of data because Hevo Data provides a cost-efficient solution for managing and automating their data pipelines.

The company’s flagship product is a multi-tenant SaaS product which enables users to quickly create pipelines to ingest and transform data from various sources like databases, SaaS applications, APIs & flat files. The offering also features a cloud-agnostic architecture that allows customers to configure & deploy pipelines on multiple public clouds & select the best cloud infrastructure per their need. In addition, being cost-efficient is part of the Hevo offering due to its automated scalability allowing businesses to process varying volumes of data cost-effectively.

Further, Hevo Data offers value added services like real-time customer support, proactive monitoring through its back end services and enterprise plans which enable customers to control their spending by scaling usage up or down depending on usage needs. With this new round of funding, one can expect additional competitive features such as revised SLAs and improved service integrations that would benefit enterprise companies looking for efficient ways to manage large amounts of data without compromising speed or reliability.

hevo data series sequoia indiasinghtechcrunch

Time-efficiency

Hevo Data’s offerings offer immense time-efficacy in data pipeline management. With Hevo Data, businesses and enterprises can benefit from an accelerated data flow process. Hevo’s intuitive drag-and-drop visual interface enables users to easily construct, configure and manage real-time pipelines. With minimal coding effort and real time observability on all the pipelines without any headaches of complex manual coding processes, users can now rapidly clear any backlogs or latency in the pipeline process.

Hevo’s enterprise-grade levels of security and scalability provide orders of magnitude improvements over traditional data transportation methods like ETL (Extract Transform Load) for cloud migration tasks, thereby reducing engineering cycles by 50%. The user is further assured of end to end delivery, quality SaaS services for managing highly scalable workloads for enterprise use cases such as complex event processing (CEP), AI ML models etc . All these advantages make the Hevo Data a one-stop solution for building efficient data pipelines.

Improved data accuracy

Hevo Data’s offers a suite of data infrastructure and data migration solutions that enable businesses to migrate and synchronise their datasets across multiple cloud platforms, databases, and applications with improved accuracy.

The company’s technology helps organisations quickly access accurate, reliable insights from their data that can be used for more efficient decision-making.

With Hevo Data’s proprietary technology, organisations can easily integrate disparate systems such as Salesforce, Google Ads, Adobe Creative Cloud, Dynamics 365, HubSpot, Snowflake, Redshift and many more – all in real-time. This allows for rapid updates to prevent decision lags due to stale data and better optimise analytics experiments and models based on real-time results.

The $30M round of funding is a huge step forward for Hevo Data that provides businesses with improved accuracy and the ability to quickly act on new insights without the roadblock of traditional pipelines. Furthermore, it allows businesses to reduce the time spent moving data between multiple systems which translates into greater cost savings than traditional ETL or ELT solutions. This helps organisations improve their bottom line by reducing operational costs while gaining access to valuable insights faster.

Impact of the $30M Round

Hevo Data’s recent $30M round, led by Sequoia Capital and Lightspeed Ventures, will help expand its ability to provide a trust and secure data pipeline-as-a-service platform for businesses looking to move big data to the cloud.

We will discuss how this round of funding will impact data pipelines in the cloud.

Increased adoption of cloud data pipelines

Hevo Data recently closed a $30M Series A funding round, a major milestone for cloud data pipelines in the cloud. This significant funding round has many implications for the data pipeline industry, the most important being increased adoption of cloud data pipelines by businesses.

Cloud-based data pipelines enable organisations to quickly and securely extract, transform and load massive volumes of data into various data sources or analytics tools. As such, it greatly accelerates the process of decision-making through real-time insights on business operations. This funding round clarifies that data pipelines are an essential part of modern business operations and paves the way for more companies to leverage these technologies to optimise their operations and better serve their customers.

Furthermore, this investment will allow Hevo Data to continue innovating and expand its capabilities further which will benefit customers in two key ways: firstly, they will be able to access more robust solutions with cutting-edge technology that simplifies the management, storage and delivery of digital assets; secondly, customers benefit from cost savings as Hevo Data can reduce its operating costs via economies of scale from this increased influx.

Overall, investors are rightly placing faith in Hevo Data’s future potential in providing cloud businesses with secure digital asset management solutions through its automated pipeline platform — a development sure to benefit many organisations worldwide looking for innovative solutions that ensure smoother operations and simplified scalability for their businesses in today’s digital world.

Increased focus on data security

Hevo Data’s $30 million round of venture capital funding is an important milestone in the data industry and indicates increased focus on security and compliance for data pipelines in the cloud. With powerful analytics tools, simple integrations, and enterprise-level security, Hevo makes data streaming easier and more secure while facilitating business growth with reliable data pipelines in the cloud.

The injection of cash from this round will allow Hevo to expand its customer base, scale its operations, and keep up with advancements in the cloud technology space. With almost endless regulations and policies for protecting customer data (e.g., GDPR), organisations must stay ahead of changing technical landscape and trends. Moreover, accessing the latest technologies offers users better security solutions that protect their sensitive customer information.

By investing heavily into a team which carefully implements requisite security checkpoints on every step of their process, Hevo enables customers to quickly build sophisticated data pipelines while discovering anomalies, securing their data from malicious access or tampering, validating whether incoming records match user expectations all along the way; thereby fulfilling compliance requirements as laid down by various industry regulators such as PCI DSS, HIPAA etc., all without any additional effort from customers’ side. All these features provide excellent control over governance parameters giving companies an advantage over competitors who are struggling but failing to meet government standards for safety and privacy for handling customer information in the 21st century cloud era.

Increased access to real-time data

Hevo Data’s recent $30M Series A round is a major milestone for cloud data pipelines and increased access to real-time data. This funding allows Hevo to keep going and remain at the forefront of this sector. This capital will accelerate product development, expand strategic partnerships, and grow the team.

Hevo Data enables customers to gain easy access to real-time data streaming solutions that enable quick insights into their digital ecosystems — all while remaining secure and compliant with industry standards. Using industry-banking security protocols such as end-to-end encryption and Client authentication, Hevo provides a secure connection between applications and databases. Furthermore, customers can pull in more than 90+ different sources like transactional systems (Salesforce, SugarCRM), database solutions (Oracle, MongoDB), log files (AWS S3/ CloudFront), webhooks (Zapier), marketing systems (Google Ads, Facebook Ads) and many more popular services with only a few clicks of a button.

The additional funding from this round is key for expanding Hevo’s enterprise solutions. With the additional resources attributed from this fundraising effort, this will usher in more value for consumers by providing reliable access to their data sources that are reliable, secure, fast and accurate at scale through Hevo’s suite of products — allowing customers to make quicker decisions around analytics operations without compromising on quality or accuracy.