Tech startups such as Novatus, Blitzy, Strider Technologies, InMobi, Illuma Labs, Protege, among others, have announced their VC funding rounds from investors.
Novatus Global raises $40 mn
Novatus Global, a provider of regulatory technology solutions to financial institutions, has raised $40 million investment from Silversmith Capital Partners, a growth equity firm.
The growth funding will enable Novatus to invest in the SaaS platform while expanding its geographic footprint.
Blitzy raises $4.4 mn
Blitzy, a GenAI company, has raised $4.4 million in capital from Link Ventures, Bessemer, Flybridge, NFX, Picus, and Asymmetric.
Blitzy will use this round of funding to hire additional engineers and grow the company’s presence in Boston and Pune.
Strider Technologies raises $55 mn
Strider Technologies, a provider of intelligence, has raised $55 million in a Series C funding.
The round is led by Pelion Venture Partners. The round includes participation from AXA Venture Partners (AVP), and existing investors Valor Equity Partners, DataTribe and Cyfr Capital.
Strider Technologies will use the funding for advancing its AI-driven capabilities into its integrated global intelligence platform, expand operations to new geographies in Europe and Asia, and more address the public sector market.
InMobi raises $100 mn
InMobi, a consumer technology company, has raised $100 million in a debt financing agreement from MARS Growth Capital, a joint venture between MUFG and Liquidity Group.
InMobi will use the funds for the development of InMobi’s artificial intelligence (AI) development and deployment efforts.
Illuma Labs raises $9 mn
Illuma Labs, a leader in voice authentication technology for banking contact centers, has raised $9 million in a Series A funding round.
The VC funding round was led by LiveOak Ventures, with participation from Forefront Venture Partners, Curql Fund, UsNet, Capital Factory, Connexus, and TDECU.
Illuma Labs will use the investment for the development of voice verification solutions, addressing threats like fraud, voice cloning, and deep fakes. Illuma Labs aims at expanding its reach to more credit unions and banks in the United States.
Protege raises $10 mn
Protege, a provider of AI training data platform, has raised $10 million in a seed funding round led by CRV.
There was participation from SV Angel, Liquid 2 Ventures, Bloomberg Beta, Flex Capital, Adam D’Angelo, Travis May, and more.
