TechTaffy

tech:

taffy

Cohesity raises $250 million

Hyperconverged secondary storage company Cohesity has raised $250 million in a Series D funding round. The investment was led by the SoftBank Vision Fund, with participation from Cisco Investments, Hewlett Packard Enterprise (HPE), and Morgan Stanley Expansion Capital, along with early investor Sequoia Capital.

This round brings total equity raised to $410 million by Cohesity.

[Image courtesy: Cohesity]

Also see:

Fundings

UpdateAI raises $2.3M

Pasadena, Calif.-based UpdateAI, a ChatGPT-powered customer success platform that generates smart summaries of customer meeting notes and automates a follow-up workflow, has raised a $2.3 million funding round.
Fundings

Ariga raises $18M (Israel)

Tel Aviv, Israel-based Ariga, a company that provides software engineering teams with a way to manage database schema changes efficiently, has raised $18 millon in a funding round from Tiger Global and TLV Partners.
Fundings

Platformatic raises $3.5M

San Francisco, Calif.-based Platformatic, providers of a backend platform for developers, has raised $3.5 million. The funding round was led by venture capital firm Decibel, featuring contributions from Panache Ventures and angel investors.
Fundings

Spellbook raises $10.9M (Canada)

Toronto & St. John's, Newfoundland-based Spellbook has raised $10.9 million in funding.
Series A

Axelera AI raises $50M (The Netherlands)

Axelera AI announced the addition of new investors in its Series A round, thereby raising the total amount to $50 million.