Payfit Raises $107 Million, Schoolinks raises $8.3 Million, and more
Act-On Software, a growth marketing automation tool headquartered in Portland, Oregon, has secured $20 million in equity and debt funding.
Existing investors in the United States were among those who contributed. Venture Partners (USVP), Technology Crossover Ventures (TCV), Norwest Venture Partners, Voyager Capital, founder Raghu Raghavan, and new investor Beedie Capital are among the new investors.
The funds will be used to increase customer and sales development through product creation and extension of go-to-market operations, as well as investment in the team and partner ecosystem.
Vyopta, a partnership intelligence firm headquartered in Austin, Texas, has secured $8 million in growth capital.
The investment was made by Vistara Capital Partners.
The funds will be used to accelerate consumer acquisition as well as introduce new tracking and analytics capabilities.
Squarespace has secured $300 million in a round of investment, valuing the firm at a whopping $10 billion.
Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc., and Spruce House are among the new investors. Accel and General Atlantic, both existing sponsors, both took part.
Squarespace founder and CEO Anthony Casalena stated that the new funding would help the company advance its growth plans and scale its product suite.
Olo Inc., a food-ordering tech firm founded by Shake Shack Inc. founder Danny Meyer, received $450 million in an initial public offering valued over a marketed range.According to a release, the New York-based firm listed 18 million shares for $25 apiece on Tuesday. Olo had priced the shares at $20 to $22, a price point it had previously increased from $16 to $18.Olo began as a text-message food-ordering service in 2005. According to corporate accounts, it secured a $40 million investment from the Raine Group in 2016 and a $18 million investment from Tiger Global Management in 2019.
PayFit, a French startup, has secured $107 million in series D funding (€90 million). The round was led by Eurazeo Growth and Bpifrance's Large Venture fund. Existing investors included Accel, Frst, and Xavier Niel.
PayFit has been developing a payroll and human resources software-as-a-service application. It allows you to handle your payroll from a web browser and simplify as many processes as possible.
SchooLinks, a college and job planning network, has raised $8.3 million in a Series A round.The Series A round was led by LiveOak Venture Partners, which focuses on investing in Texas-based businesses, with Juvo Ventures and SJF Ventures also participating.SchooLinks intends to use the new funds to triple its staff, create new products and integrations, and extend its alliances.
Docker has reported a Series B funding of $23 million.
The round was led by Tribe Capital, with involvement from current investors Benchmark and Insight Partners. Docker has now raised a total of $58 million, including the $35 million contribution disclosed on the same day as the agreement with Mirantis.