- Several tech startups, including Alkira, Harness, WekaIO, Restaurant365, Voxel51, and PolyAI, have secured significant VC funding rounds.
- Alkira raised $100 million in Series C funding, led by Tiger Global Management, bringing their total funding to $176 million.
- Harness received $150 million in financing to expand its platform, integrate generative AI, and enhance its go-to-market strategy.
- WekaIO raised $140 million in a Series E funding round led by Valor Equity Partners, with contributions from various other investors.
- Restaurant365 secured $175 million in funding led by ICONIQ Growth to enhance enterprise features and expand its workforce and payroll product suite.
Alkira Secures $100 Million in Series C Funding
In the realm of VC funding news, Alkira, a prominent player in on-demand network infrastructure as-a-service, has successfully raised $100 million in a Series C funding round. This latest injection of capital brings Alkira’s total funding to an impressive $176 million. The funding round was spearheaded by Tiger Global Management and saw additional contributions from Dallas Venture Capital, Geodesic Capital, LIAN Group, and NextEquity Partners. Existing investors such as Kleiner Perkins, Koch Disruptive Technologies, and Sequoia Capital also participated in this round, showcasing their continued confidence in Alkira’s innovative approach to network infrastructure.
Harness Secures $150 Million to Expand Software Delivery Platform
Harness, a leading Modern Software Delivery Platform provider, has secured $150 million in financing to bolster its platform’s expansion. Silicon Valley Bank (SVB), a division of First Citizens Bank, and Hercules Capital were instrumental in providing this funding. Harness plans to utilize this investment to enhance its platform by adding new modules, integrating generative AI, and making further investments in its go-to-market strategies. This funding not only underscores Harness’s growth potential but also highlights the increasing importance of software delivery platforms in today’s tech landscape.
WekaIO Raises $140 Million in Series E Funding
WekaIO, a renowned AI-native data platform company, has successfully raised $140 million in a Series E funding round. Valor Equity Partners led this funding round, with significant contributions from Generation Investment Management, NVIDIA, and other notable investors. This substantial injection of capital will enable WekaIO to further develop its AI-native data platform and meet the evolving demands of the market. The participation of esteemed investors underscores the confidence in WekaIO’s innovative approach to data management and AI integration.
Related Video
Restaurant365 Secures $175 Million in VC Funding
Restaurant365, a leading restaurant enterprise management platform, has secured $175 million in a recent VC funding round led by ICONIQ Growth. This funding round also saw participation from existing investors such as KKR and L Catterton, highlighting their continued support for Restaurant365’s vision and growth trajectory. The funding will be instrumental in expanding the enterprise features of Restaurant365 and enhancing its workforce and payroll product suite. Additionally, the recent acquisition of ExpandShare underscores Restaurant365’s commitment to enhancing its offerings and providing impactful solutions to the restaurant industry.
The recent VC funding news surrounding Alkira, Harness, WekaIO, Restaurant365, and other tech startups highlights the continued interest and confidence of investors in innovative tech solutions. These funding rounds not only provide the necessary capital for growth and expansion but also signify the industry’s recognition of the potential and value these companies bring to the market. As these companies continue to evolve and innovate, the tech landscape is set to witness further advancements and disruptions driven by the infusion of VC funding and support.
Links to additional Resources: