TechTaffy

tech:

taffy

Vena Solutions raises $115 million

By TechTaffy Desk

Cloud-based financial planning and analysis (FP&A) software, company Vena Solutions, has raised $115 million in equity financing. JMI Equity led the round, and was joined by existing investor Centana Growth Partners, who led Vena’s $30 million financing in 2016.

SurePath Capital Partners served as exclusive financial advisor to Vena for this round of funding.

[Image courtesy: Vena Solutions]

Just in

IT

Cloudflare acquires Baselime

Cloudflare has acquired Baselime, a cloud-native observability platform provider. Financial terms of the deal were not disclosed.
Fundings

Blaize raises $106M

El Dorado Hills, CA-based AI computing company Blaize has raised $106 million.
Fundings

Rivos raises $250M

Santa Clara, Calif.-based Rivos, a RISC-V accelerated platform company focusing on data analytics and Generative AI, has raised $250 million in its Series A-3 funding round
Industry

IBM, Canada, and Quebec invest $137M to strengthen semiconductor industry

IBM, the Government of Canada, and the Government of Quebec announced agreements to develop the assembly, testing and packaging capabilities for semiconductor modules at IBM Canada's plant in Bromont, Quebec.
Around the web

Net neutrality is back: U.S. promises fast, safe and reliable internet for all — NPR

Consumers can look forward to faster, safer and more reliable internet connections under the promises of newly reinstated government regulations, writes Emma Bowman of NPR.