Tech funding: Machinify, Nubank, Rocket Software

Technology companies such as Machinify, Nubank, Rocket Software, among others, announced their funding.
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New artificial intelligence company Machinify raised $10 million in Series A funding — led by Battery Ventures, with participation from GV and Matrix Partners.

Rocket Software

Rocket Software, a technology provider of modernization and optimization solutions, inked an agreement for Bain Capital Private Equity to acquire a majority stake in the company. The enterprise value of the transaction is approximately $2 billion.

Nubank

China-based gaming and social media firm Tencent Holdings invested $180 million for a  minority stake in Brazil based financial technology company Nu Pagamentos.

Nubank has raised $330 million since its foundation in 2013 in six financing rounds. In its last financing round, led by venture capital firm DST Global Investment Partners, the Brazilian fintech raised $150 million.

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