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Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City.
🤯 We have $973.2M in total funding today, read on to start prospecting these companies asap!
💥Did you hold off on outreach to last month’s funded companies?💥 We resurface all of last month’s funding announcements (April ’24) in our Thursday Monthly Refresh Dataset. Click here to get after them.
Hit the Gong 🎉
Source: @theangrysalesperson
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Daily Deals 💸
🌎 Americas
Restaurant365 is an enterprise management software for restaurants that provides accounting, inventory, scheduling, and payroll solutions, helping simplify the day-to-day management of operators and allowing users to control food costs and optimize labor. View on: LinkedIn.com | Sales Navigator.
New Funding Raised: $175M, Private Equity
Round Investors: ICONIQ Growth (lead), Kohlberg Kravis Roberts, L Catterton
🚀Growth Focus: Continue expanding its suite of products and customer base following the acquisition of ExpandShare, a training platform for restaurants; plan for future acquisitions.
Press: TechCrunch, PR Newswire
HQ: Irvine, CA
Industry: Software Development
Employee Count: 2298 (⚡37% increase in last 6 months)
🔥Open Sales Gigs: Currently Hiring (tons of roles!)
WEKA has developed software-defined storage technology that delivers a cloud-native, software-based data platform for AI & next-generation workloads, enabling enterprises to build differentiated storage systems and convert data for revenue. View on: LinkedIn.com | Sales Navigator.
New Funding Raised: $140M, Series E
Round Investors: Valor Equity Partners (lead), Generation Investment Management, 10D, Ibex Investors
🚀Growth Focus: Increase its cash reserves; scale its business rapidly to meet global demand for AI-native data infrastructure to develop its data platform software; provide liquidity to employees.
Press: TechCrunch, PR Newswire
HQ: Campbell, CA
Industry: Software Development
Employee Count: 401 (⚡10% increase in last 6 months)
🔥Open Sales Gigs: Currently Hiring (global remote roles!)