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[Funding News] You.com Raises $50 Million in Series B Funding Round

You.com has raised a $50M Series B led by Georgian, with participation from Salesforce Ventures, NVIDIA, SBVA (formerly Softbank Ventures Asia), DuckDuckGo, Day One Ventures, and others, bringing our total funding to $99 million. Series B Funding will enable us to continue building the most trusted AI productivity engine and expand into the enterprise.

Quest Diagnostics Acquires LifeLabs, Enhancing Access to Diagnostic Innovation

Quest Diagnostics, a leading provider of diagnostic information services, announced the completion of its acquisition of LifeLabs from OMERS. The transaction, valued at approximately CAN $1.35 billion (approximately USD $1 billion), including net debt, has received all necessary approvals and is now closed.

[Funding News] Anjuna Raises $25 Million to Continue Shaping the Future of Confidential AI and Secure Collaboration

CA-based Anjuna has raised $25 million financing round, led by M Ventures, SineWave Ventures, and AI Capital Partners, with participation from existing investors, including Playground Global and Insight Partners.

Netwrix Acquires PingCastle to Better Protect Active Directory and Entra ID Users

Netwrix, a cybersecurity provider that simplifies data security, announced the acquisition of PingCastle, a software company that identifies known and unknown Active Directory (AD)...

Renesas Electronics Corporation Completes the Acquisition of Altium

Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, and Altium Limited (“Altium”), a global leader in electronics design systems, today announced the successful...

[Funding News] DecoverAI Raises $2 Million in Seed Funding

DecoverAI, a pioneering legal technology company, has raised $2 million in seed funding led by Leo Capital, with participation from other prominent investors. This funding marks a significant milestone in DecoverAI's mission to transform the legal industry through cutting-edge AI solutions.

[Funding News] Rohirrim Secures Investment From Bessemer Venture Partners And IBM Ventures

Bessemer Venture Partners and IBM Ventures have made strategic investments in Rohirrim! This investment will allow Rohirrim to help more companies harness the power of secure generative AI to save time and money on complex, document-intensive processes, like RFP responses.

Tampabay-based KnowBe4 Acquired Egress

KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform acquired Egress, a leader in adaptive and integrated cloud email...

Funding Wrap of the Week | American Startups Funding Roundup | June 24 – June 28

There are a lot of American startups funding deals that are creating buzz around the startup ecosystem. These are the growth-stage and early-stage deals...

[Funding News] CA-based Pyte Secures $5Million in Funding

Pyte, the secure computation platform for data-first global enterprises, secures $5million in funding, bolstering its total funding to more than $12 million. Myriad Venture Partners...
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