Silicon Valley Journals 
Outfindo, the leading platform that changes how people shop online, has raised €1.2M late-seed round to fuel its growth and new go-to-market channels, building on the momentum of 3x revenue growth since Q1 2024. The round was led by Eleven Ventures, a prominent early-stage CEE fund with a strong track record of investing in over … Read more
Equifax, the Atlanta-based credit bureau that owns Kount, a Boise-based fraud prevention company, recently conducted layoffs affecting an unspecified number of employees. Equifax acquired Kount in 2021 for $640 million as part of its strategy to enhance fraud prevention services. Despite multiple inquiries, the company has not disclosed details regarding the layoffs, including the total … Read more
Highnote, a leading modern card issuance and program management platform, has raised $90 million in Series B funding, propelling its expansion into U.S. merchant acquiring. The funding round was led by Adams Street Partners, with participation from existing investors Oak HC/FT, Costanoa, WestCap, and Pinegrove Venture Partners. Highnote’s latest offering integrates pay-in and pay-out functionalities … Read more
Glox Therapeutics, a company pioneering the development of precision antibiotic therapies based on naturally occurring bacteriocins, today announced it has been awarded a share of the £3 million Collaborative Discovery Programme (CDP) launched by the Cystic Fibrosis Antimicrobial Resistance (CF AMR) Syndicate with funding from the medical research charity, LifeArc. Glox Therapeutics will receive up to £500,000 … Read more
Boise, Idaho-based supermarket chain Albertsons Companies has confirmed layoffs among its corporate and division staff after the collapse of its planned merger with Kroger, headquartered in Cincinnati, Ohio. The company cited the need to recalibrate in response to market challenges despite reporting positive sales performance in its recent fiscal quarter. In a statement, Albertsons highlighted … Read more
Stripe, the payments platform co-founded by brothers John and Patrick Collison, has laid off 300 employees, representing approximately 3.5% of its workforce. The news, revealed in a memo from Chief People Officer Rob McIntosh and obtained by Business Insider, indicates that the cuts primarily affect teams in product, engineering, and operations. Despite the layoffs, Stripe … Read more
Mitiga, a leader in cloud and SaaS threat detection, investigation, and response (TDIR), has announced a $30 million Series B funding round as it scales operations and expands globally. Led by SYN Ventures, with participation from existing investors including ClearSky, Atlantic Bridge, Flint Capital, DNX Ventures, and Glilot Capital Partners, the funding will fuel Mitiga’s … Read more
Render, a leading cloud application platform with over 2 million developers, announced an $80 million Series C funding round to drive its mission of transforming the $400 billion cloud market. Georgian led the round, joined by 01A (Dick Costolo), avra, and existing investors Addition, Bessemer Venture Partners, General Catalyst, and the South Park Commons Fund. … Read more
Leap, a leading platform for physical retail, announced it has raised $20 million in funding to accelerate growth and enhance its operations. The financing round, led by Tribeca Venture Partners and DNX Ventures, with participation from existing investors, will support Leap’s network expansion, technology development, and data analytics capabilities. Currently operating over 100 stores in … Read more
Gravity, a leader in carbon accounting and energy management, announced a $13 million Series A funding round led by Ansa Capital. With additional support from Eclipse, Hanover, Caffeinated Capital, Communitas Capital, Buoyant Ventures, and WEX Venture Capital, the company has now raised over $20 million in total funding. Marco DeMeireles, Co-Founder and Managing Partner of … Read more