Proxima raises $12M

Proxima, a data intelligence software company founded by Alex Song, a former Goldman Sachs employee, has announced the closing of a $12 million Series A funding round.

Proxima’s Series A round was led by Mucker Capital. The round also included participation from Aglae Ventures, Great Oaks Venture Partners, Data Point Capital, Broadway Venture Partners, FirstLook Partners, and Connexa Capital.

Founded in May 2022, Proxima aims to help consumer technology businesses scale customer acquisition, expand customer lifetime value, and optimize lifecycle marketing through its platform.

Just in

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.

Covered California implements Google Cloud’s AI solutions

Covered California, California's health insurance marketplace, has announced that it will use Google Cloud's AI solutions to simplify the process of providing health insurance to California residents.