Big funding for Immuta, Nylas, Rasa, and Zerto; new partnerships for IBM, Salesforce, TCS and Siemens
PARTNERSHIP, MERGER & ACQUISITION NEWS
TCS and IBM Join Hands for Enterprise Transformation
Leading IT services, consulting, and business solutions providers TCS and IBM have collaboratedOpens a new window to accelerate their digital and cognitive enterprise transformations to IBM public cloud using IBM Cloud Paks. The companies will be co-developing solutions for easy workload migration
Siemens and Salesforce Collaborate to deliver Better Workplace Experience
Salesforce and SiemensOpens a new window have collaborated for the development of a new workplace technology suite that will support businesses globally to safely reopen and deliver a futuristic experience for physical workplaces. The collaborative solution will combine Salesforce’s Work.com and Siemens’ Smart Infrastructure solutions, including Comfy and Enlighted.
Tech News: Key Tech Hiring, Awards, and Events Around The World: Week of June 22, 2020Opens a new window
FUNDING
Barclays Invests $17M in Cutover Series A Funding
CutoverOpens a new window , a cloud-enabled work orchestration and observability platform announced that Barclays has joined the company’s investors for its $17 million Series A funding round. The platform addresses enterprise challenges such as migrating to a hybrid cloud model, wider digital transformation, automating and evolving operational resilience practices and managing ongoing tech change without failures.
Immuta Bags $40M for Automated Data Governance and Privacy Solutions
Automated data governance company ImmutaOpens a new window , raised $40 million in the growing market for automated data governance and privacy solutions. Intel Capital led the funding round with participation from new investor Ten Eleven Ventures and existing investors DFJ Growth, Dell Technologies Capital, Greycroft, Drive Capital, and Citi Ventures.
HSBC Joins Privitar’s Series C Investors Deck with $7M
Data privacy firm PrivitarOpens a new window announced that the banking and financial services organizations HSBC has joined its Series C funding round and has invested $7 million in the company. This raises the total amount of series C funding to $87 million.
Nylas Raises $25M for Communications APIs
NylasOpens a new window , a provider of communications APIs for developers, today announced $25 million in Series B funding from 8VC and Round13 Capital, along with participation from existing investors Spark Capital, ScaleUP, Slack Ventures and new investors Citi Ventures.
Tech News: Can IBM Watson Works’ AI Power Help Solve Back-to-Work Challenges?Opens a new window
Rasa Receives $26M in Series B
Open Source Conversational AI startup RasaOpens a new window announced that it has received $26 million in Series B funding led by Andreessen Horowitz. The investment will fuel the company’s open-source tools for building chatbots and other AI projects.
Urjanet Raises $14.65M in Series D led by Equifax
Utility account aggregator Urjanet Opens a new window received $14.65 million in Series D funding from Equifax, Oak HC/FT, Grotech Ventures, and Correlation Ventures. The platform is focused on helping organizations shift from face-to-face, paper-based, manual processes to fully digital, automated workstreams.
Zerto Receives $53M Funding after Capital Markets Investment
ZertoOpens a new window , the IT resilience solutions provider, announced that it has raised $33 million in equity financing from a group of investors including Battery Ventures, Pitango Venture Capital, RTP Ventures, and U.S. Venture Partners.
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