Several tech startups — Northcloud, Campfire, Levelpath, CRED, Cato Networks, among others, have announced their venture capital funding to bolster innovation and business growth.
Northcloud Raises $5 mn
Northcloud, a cloud operations platform founded by Pasi Häkkinen (CEO), secured $5 million in funding to launch its new Cloud OS designed for advanced cloud optimization and unified management. The strategy focuses on enabling software companies and cloud service providers to manage AWS and GCP environments at scale with automation, advanced analytics, and smart cost controls. The funding will support platform refinement, AI model integration, and market expansion. The technology provides centralized infrastructure control, multi-account governance, real-time cost and performance tuning, and automated compliance workflows. Customers benefit from improved efficiency through real-time infrastructure adjustments, cost savings, unified observability, and faster response times.
Campfire Secures $35 mn
Campfire, a San Francisco-based AI-native ERP startup founded by John Glasgow (CEO), raised $35 million in a Series A round led by Accel, with participation from Foundation Capital, Y Combinator, Capital49, and finance executives from companies like Vercel and OpenAI. The strategy centers on redefining finance operations using Ember AI, a conversational interface powered by Anthropic’s Claude models, to simplify tasks like month-end close and bill reconciliation. Investment will accelerate GenAI product development, global expansion, and support companies migrating from legacy systems. Customers, including Replit and Flex, reduced closing times, cost savings, and higher operational efficiency. The platform delivers fast, secure, and intelligent ERP.
Levelpath Raises $55 mn
Levelpath, co-founded by Alex Yakubovich and Stan Garber, raised $55 million in a Series B round led by Battery Ventures, with participation from Redpoint Ventures, Benchmark, 01A, New View Capital, and World Innovation Lab. The strategy is to modernize enterprise procurement with its AI-native platform powered by the Hyperbridge reasoning engine. The VC funding will support product development, scaling AI agents for sourcing, onboarding, and risk workflows, and expanding go-to-market efforts. The platform embeds autonomous AI agents within procurement processes. Customers include Ace Hardware, Amgen, Coupang, and SiriusXM. Benefits include faster sourcing, enhanced transparency, cost management, and efficiency gains.
CRED Raises $15 mn
CRED, an AI-powered predictive intelligence platform for go-to-market teams, raised $15 million in a seed round led by defy.vc, with participation from HOF Capital, Alumni Ventures, LDV Partners, Streamlined Ventures, SilverCircle Ventures, Octopus Ventures, BAM Ventures, Gaingels, and a private equity lead. Co-founded by Jon Carr‑Harris (CEO), CRED transforms fragmented business data and signals into actionable insights for revenue optimization. The strategy centers on scaling product development, AI model integration, and enterprise adoption. The technology connects CRM, marketing automation, and external signals to generate real-time scoring, alerts, and outreach automation. Target customers include enterprise GTM teams seeking smarter prioritization, faster execution, and improved performance. Benefits include streamlined workflows, higher productivity, and revenue acceleration.
Cato Networks Raises $359 mn
Cato Networks, a cyber security firm founded in 2015 by Shlomo Kramer (CEO) and Gur Shatz, raised $359 million in a Series G round led by Vitruvian Partners and ION Crossover Partners, with participation from Lightspeed Venture Partners, Acrew Capital, and Adams Street Partners. This financing brings Cato’s total capital raised to over $1 billion and values the company at approximately $4.8 billion. The strategy targets accelerating AI-driven development of its SASE (Secure Access Service Edge) platform and driving global expansion. Funding will support R&D, talent acquisition, and select M&A. The platform merges networking and security in a unified cloud service with embedded AI for autonomous threat detection and response. Benefits include simplified infrastructure, improved operational efficiency, and stronger security posture for enterprises.
InfotechLead.com News Desk
