Skyflow, which delivers data privacy via an API, raises $45M

Skyflow, a company that make it easier for developers to embed data privacy into their applications, has raised $45 million in a series B round of funding. Founded in 2019, Skyflow operates at the intersection of two notable technology trends — the API economy and data privacy. As companies transition from monolithic software to a microservices architecture built around smaller, function-based components, APIs (application programming interfaces) are the glue that connects everything together. But as cloud computing continues on its upwards trajectory, businesses face…

Beacon Closes $56 Million Series C Funding Round Led by Warburg Pincus

Financing will enable Beacon to execute on its product roadmap, scale solutions across asset classes and end markets, and advance the company’s leading position in cloud-based enterprise financial software NEW YORK – October 13, 2021 – Beacon Platform Incorporated, (“Beacon”), a leading cloud-based platform for quant development that enables users to build custom trading and risk management applications, announced today that it closed a $56 million Series C, led by Warburg Pincus, a leading global growth investor. Blackstone Innovations Investments also invested in…

Insight Partners Acquires Armis at a $1.1 Billion Valuation

Acquisition Focused on Accelerating Armis’ Growth and Underscores the Company’s Leadership Position in Addressing a Massive Global Enterprise IoT Security Market Need – Largest-Ever Enterprise IoT Security Software Acquisition – Largest Acquisition of a Private Israeli Cyber Security Company Ever – Positions Armis to Lead with Best-in-Class Device Behavior Tracking and Incident Response Platform – Armis was founded in late 2015 to enable enterprises to adopt new connected devices without fear of compromise by cyber attack – CapitalG also participated…

Beacon Platform, Inc. Closes Series A Funding Round

NEW YORK–(BUSINESS WIRE)–Beacon Platform, Incorporated (“Beacon”), a global financial technology company, has closed its Series A funding round, led by PIMCO, as previously announced. Barclays, a leading global investment bank, and Global Atlantic Financial Group, an innovative provider of retirement, life, and reinsurance products, completed the round. “The team at Beacon have been great partners. We look forward to continuing our relationship with them to enhance our insurance and investment analytical capabilities” Beacon licenses its developer platform, infrastructure services, and…

On-demand IT provider Sitehands secures $25 million from FTV Capital

1Sitehands, an on-demand technology platform that offers all types of hands-on IT field work, has received a $25 million growth equity investment from New York-based FTV Capital. The deal was in the making for six months, according to Sitehands founder and CEO J.P. Rosato. “(The transaction) only took a short time to execute once members of the FTV Capital advisory teams evaluated what we were doing,” Rosato told me. Sitehands, also based in New York, provides vetted technicians through a two-sided marketplace…

T-REX RAISES $40M LED BY RIVERSTONE HOLDINGS TO ACCELERATE INVESTMENT IN SUSTAINABLE INFRASTRUCTURE AND PRIVATE CREDIT MARKETS

T-REX Group, Inc. (“T-REX”), a SaaS provider supporting the asset-backed financing industry, has announced a $40 million Series C funding round today, led by Riverstone Holdings LLC and Riverstone affiliates (“Riverstone”), with participation from existing shareholders Citi (NYSE: C), ClearSky, Westly Group, Viola FinTech, and the Partnership Fund for New York City. T-REX, with its advanced support for private credit and ESG-driven investments, will become part of Riverstone’s Decarbonization Growth Equity platform. T-REX brings together asset class expertise, critical data…