Join NEXTGEN Group CTO and strategist James Cunial as he dives into the febrile world of Enterprise Tech investment to find out what the smartest investors on the planet are getting excited about.

Follow James: https://www.linkedin.com/in/jamescunial/
Follow NEXTGEN Group: https://www.linkedin.com/company/group-nextgen/

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CHAPTER 18

💰💰💰 #AI, Sales tools and much more! HUGE week of funding and plenty of cool #enterprisetech. Video in the link below! 📽
 
AI21 Labs gets $155M in a Series C for its foundational AI and development of its LLM.
 
Apollo.io raised $100M in a Series D. Really focused B2B sales tool. Data, Workflows and Integration.
 
Mediafly raised $80M round. Really cool take on B2B sales engagement and RevOps. Putting content management in the hands of sellers.
 
Rockset received $44M in a funding round. Analytics Database that ingests data from multiple sources, indexes it for easy and efficient use by developers for things like searching semi-structured data at scale.
 
Hyperproof raised $40M round for their risk and compliance management software. Helps big enterprises manage those complex processes and controls and everything involved in them.
 
teale picked up $11M in a series A to build out their Enterprise Mental Health Platform. Very important space this!
 
ControlRooms.ai received $10M in a series to leverage AI in analytics within the manufacturing space to identify and trouble shoot issues.
 
ConverSight pulled together $9M in a Series A to be the ChatGPT of business insights.

https://lnkd.in/gxMu827i

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CHAPTER 17

Hugging Face gets $235M in a Series D, sky rocketing them to a $4.5B valuation! Don't know what Hugging Face is? Its best to watch the video below! 👇
 
Modular raises $100M in a massive Series A round. Simplifying AI development. Their new programming Language "Mojo" to be released in September!
 
Grip Security gets $41M in a Series B to help secure companies from #ShadowIT, focusing on #SaaS and #Cloud Accounts.

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CHAPTER 16

Do we have a new Kangarunicorn 🦄 on the horizon?

Not as big💲floating around this week when following the money. However, that means I get to explore some more emerging and seed #enterprisetechnology companies and some of these are REALLY good! Video Below! 📽
 
ProjectDiscovery.io raised $25M in a Series A. Community driven exploit discovery, leveraging an open source model. Is crowdsourcing a smarter way to identify vulnerabilities and exploits?
 
Voiceflow raised $15M in a funding round. Designing and deploying the experiences for AI conversations, both text and voice. Ultra cool, sign me up!
 
Sweet Security scored $12M in a seed round. Early days for the #cloudsecurity platform but the founder is the former #CISO of the IDF.
 
Pendula brings in a A$14.5M round to expand its conversational development platform focusing on #customerretention. Great Aussie success story developing here. Will it be the next Kangarunicorn? 🦄

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CHAPTER 15

I had to be ruthless this week! So many companies in the last week getting #funding that I had to do a cut off at above $50M for the round otherwise I would have been here for hours and hours (possibly days) going through them all. Great spread of #enterprisetechnology! Video below 🎥

Rubrik has acquired Laminar for a reported $200-$250M in what I call the "Goldilocks Zone" of acquisitions - It's all about the tech! Adding Data Security Posture Management #DSPM to their portfolio of capability. 🏰

Resilience gets $100M in a Series D round. This is like #InsuranceTech specifically for #CyberInsurance, so it comes with a #CyberSecurity platform. A little hard to tell exactly what it is 🤔

Simon Data secures $54M in a Series D round for their #CustomerDataPlatform. Lovely looking piece of technology, but is it actually a modern #CRM or #MarTech platform?

Persefoni raised $50M in a Series C for their #Climate Management Platform. A new AI capability released too, great use case for GPTs.

Weights & Biases raised $50M in a funding round for their #AI / #MLops platform to help developers build AI far quicker! Counting OpenAI as a customer bodes well.