Tech funding: Savi, Netskope, WeWork, Poynt, LeanTaaS

Technology companies such as Savi, Netskope, WeWork, Poynt, LeanTaaS, Knowtions Research, SmartRent, Coder.com, Syndio Solutions, Cognigo, WalkMe, Axoni, Netskope, among others, announced their funding rounds.
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Savi

Savi, a provider of big data/machine learning analytic solutions, supply chain management software and sensor technology, has raised $7.5 million in financing led by Eastward Capital Partners and joined by current internal investors.

Netskope

Cloud-security firm Netskope has raised $169 million in a deal that will help fund global expansion and pushed its valuation over $1 billion. Netskope has raised $400 million since 2013 through six funding rounds. Netskope helps secure Amazon Web Services, Microsoft Azure and Google Cloud environments, in addition to web-based software from companies including Dropbox, Salesforce.com and Slack.

WeWork

U.S. shared office space provider WeWork has secured an additional $3 billion in funding from Japan’s SoftBank Group Corp, Reuters reported. The latest funding was in the form of a warrant, under which SoftBank will pay WeWork $1.5 billion on Jan. 15 and the remaining on April 15. WeWork in July said it raised $500 million from investors, including Temasek Holdings and SoftBank Group.

Poynt

Poynt announced a $100 million Series C raise, including partners Elavon and National Australia Bank (NAB).

LeanTaaS

LeanTaaS, a predictive analytics and machine learning company, has closed a $15 million Series C round of financing led by current investor Insight Venture Partners.

Knowtions Research

Knowtions Research has raised $5 million in Series A funding led by Information Venture Partners with participation from Alibaba Entrepreneurs Fund.

SmartRent

SmartRent, a smart home automation platform company for property managers and renters, has closed a $5 million funding round led by Real Estate Technology Ventures (RET Ventures). The round brings SmartRent’s total funding to more than $10 million to date.

Coder.com

Coder.com founders John A. Entwistle, Ammar Bandukwala  and Kyle Carberry raised $4.5 million for their service which “server-powers” development environments. The google docs-like service allows developers to use tools (like VS Code) through their web portal. Local integrations and enterprise are on the roadmap for the tech

Syndio Solutions

Syndio Solutions announced $5.2 million seed round.

Cognigo

Cognigo, an AI-driven enterprise platform for data protection and compliance, has raised $8.5 million Series A round — led by OurCrowd, with Prosegur, and State of Mind Ventures.

WalkMe

WalkMe, a digital adoption platform, has received investment from Singapore-based EDBI. EDBI joins the $40 million Series F financing round led by Insight Venture Partners and WalkMe’s first institutional investor, Mangrove Capital Partners, bringing the total Series F raised to $50 million. WalkMe has raised $217.5 million to date.

Axoni

Axoni, a provider of blockchain technology, announced that HSBC has joined its Series B financing round, bringing the total amount raised in this round to $36 million and total funding to date to $59 million. Other Axoni investors include Goldman Sachs, NYCA Partners, Andreessen Horowitz, Citi, Coatue Management, Digital Currency Group, F-Prime Capital, Franklin Templeton Investments, J.P. Morgan, NEX Group, Wells Fargo, and Y Combinator.

XM Cyber

XM Cyber, a provider of automated APT simulation and remediation platform, has closed a $22 million Series A funding round with the participation of Macquarie Capital, Nasdaq Ventures, Our Innovation Fund, LP and UST Global, among others. The company has now raised a total of $32 million, following a previous seed round of $10 million from Swarth Group.

Netskope

Netskope, a cloud security company, closed $168.7 million Series F funding round led by existing investor Lightspeed Venture Partners. Existing investors Accel, Geodesic Capital, Iconiq Capital, Sapphire Ventures and Social Capital participated, in addition to new investor, Base Partners. The round brings Netskope’s total amount raised to $400.1 million.

Sojern

Sojern, a travel tech company, announced that growth equity firm TCV has led a $120 million financing round in Sojern.

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