TechTaffy

tech:

taffy

Yext Closes $27 Million Series E Investment

By TechTaffy Desk

[Techtaffy Newsdesk]

Yext, a company that syncs business listings on 50+ publishers, has closed a $27 million Series E investment led by Marker. Marker is a new fund launched by Rick Scanlon, the founder of Crescent Point Capital Group.  Also participating in the round is CrunchFund and existing Yext investors, Sutter Hill Ventures, Institutional Venture Partners (IVP), and WGI Group.  The capital will be used to expand the Yext platform,

Yext curently powers local information for 50,000 businesses on 50 sites.  Since September, Yext has powered 950,000 distinct location updates, says the company.

Just in

Around the web

Apple deletes WhatsApp, Threads from China app store on orders from Beijing — CNN

Apple has removed WhatsApp and Threads from its app store in China, following an order from the country’s internet watchdog, writes Juliana Liu.
Industry

Singtel, Vonage partner to integrate Paragon platform

Singtel has announced a partnership with Vonage, a cloud communications company and subsidiary of Ericsson, to help enterprises and telcos innovate and scale their services through Singtel's orchestration platform, Paragon. 
Industry

Former VMware COO Mike Hayes joins Mirantis board

Mirantis, a company that provides open source software for infrastructure control, has appointed Mike Hayes to its board.
Industry

Boston Dynamics unveils fully-electric Atlas robot

Boston Dynamics is retiring its hydraulic Atlas robot and introducing a fully electric version of its humanoid robots. 
Industry

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.