IVP

CodePR Brings on Industry Veteran and Former Head of VC Practice at Sparkpr

Retrieved on: 
Friday, May 3, 2024

SAN FRANCISCO, May 3, 2024 /PRNewswire/ -- CodePR, a boutique communications agency amplifying the brands of VC firms and innovative startups, today announced that Tim Turpin, former Sparkpr Executive Vice President and head of its Venture Capital and Emerging Technologies Practice, has joined as a Partner.

Key Points: 
  • He rejoins his former colleagues Mary Magnani and Michael Celiceo, who founded the firm three years ago and have built an impressive roster of VC clients.
  • "We started CodePR to provide senior support to venture capital firms of all sizes looking to raise their profile with specific audiences," said co-founder Mary Magnani.
  • Turpin was recruited into Sparkpr in 2007 and successfully built the firm's venture capital practice.
  • "I'm excited for this next phase in my career of partnering with investors and entrepreneurs while helping CodePR continue to work with only the best firms."

Traceable AI Secures $30M Strategic Investment Round

Retrieved on: 
Wednesday, May 1, 2024

Traceable AI , the industry's leading API security company, today announced a $30 million strategic investment from a group of investors, including Citi Ventures - the venture arm of Citigroup, lead investor IVP, Geodesic Capital, Sorenson Capital, and Unusual Ventures.

Key Points: 
  • Traceable AI , the industry's leading API security company, today announced a $30 million strategic investment from a group of investors, including Citi Ventures - the venture arm of Citigroup, lead investor IVP, Geodesic Capital, Sorenson Capital, and Unusual Ventures.
  • This strategic investment highlights the growing recognition of API security as a critical challenge for enterprises across industries, particularly within the heavily-regulated financial sector.
  • “Traceable has set the benchmark for API security across a wide range of enterprises, including financial institutions, healthcare providers, retail giants, and global telecom providers.
  • "The recent attention Traceable has received from enterprise customers, security practitioners, and investors alike underscores that organizations understand the strategic importance of API security.

Glean Appoints Tamar Yehoshua as President, Product and Technology to Accelerate Delivery of Enterprise AI Platform

Retrieved on: 
Tuesday, March 26, 2024

Glean , the AI-powered work assistant making waves among CIOs under pressure to quickly and securely deploy generative AI in the enterprise, announced Tamar Yehoshua as the company’s first President of Product and Technology, effective March 11.

Key Points: 
  • Glean , the AI-powered work assistant making waves among CIOs under pressure to quickly and securely deploy generative AI in the enterprise, announced Tamar Yehoshua as the company’s first President of Product and Technology, effective March 11.
  • She will oversee all of research and development, including global engineering, product, design, and data science, as Glean enters a period of rapid growth.
  • “Glean has seen tremendous growth over the last year as we help more and more companies bring secure, responsible generative AI into their organizations,” said Arvind Jain, co-founder and CEO of Glean.
  • “I loved working in venture capital, but the opportunity to lead product and technology at Glean was too good to pass up,” said Tamar Yehoshua.

Pigment announces $145 million series D led by ICONIQ Growth

Retrieved on: 
Thursday, April 4, 2024

ICONIQ Growth who spearheaded Pigment's Series C last year also led the Series D round, with participation from Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks and Felix Capital.

Key Points: 
  • ICONIQ Growth who spearheaded Pigment's Series C last year also led the Series D round, with participation from Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks and Felix Capital.
  • With the majority of the company's revenue now coming from North America, the capital will be used to expand Pigment's in-market support and accelerate product development
    SAN FRANCISCO, April 4, 2024 /PRNewswire/ -- Pigment today announced a $145 million Series D funding round, led by ICONIQ Growth, who also spearheaded Pigment's Series C investment close to a year ago.
  • The funding follows a successful year for Pigment as the company tripled its annual recurring revenue, and doubled its customer base globally.
  • "We are exceptionally confident that Pigment is successfully addressing a clear and very large need in the market," said Matt Jacobson, General Partner, ICONIQ Growth.

Pigment announces $145 million series D led by ICONIQ Growth

Retrieved on: 
Thursday, April 4, 2024

ICONIQ Growth who spearheaded Pigment's Series C last year also led the Series D round, with participation from Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks and Felix Capital.

Key Points: 
  • ICONIQ Growth who spearheaded Pigment's Series C last year also led the Series D round, with participation from Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks and Felix Capital.
  • With the majority of the company's revenue now coming from North America, the capital will be used to expand Pigment's in-market support and accelerate product development
    SAN FRANCISCO, April 4, 2024 /PRNewswire/ -- Pigment today announced a $145 million Series D funding round, led by ICONIQ Growth, who also spearheaded Pigment's Series C investment close to a year ago.
  • The funding follows a successful year for Pigment as the company tripled its annual recurring revenue, and doubled its customer base globally.
  • "We are exceptionally confident that Pigment is successfully addressing a clear and very large need in the market," said Matt Jacobson, General Partner, ICONIQ Growth.

Glean Announces Over $200M Series D to Accelerate Secure Deployment of Generative AI in the Enterprise

Retrieved on: 
Tuesday, February 27, 2024

The funding will accelerate Glean’s momentum as it meets sharp customer demand from enterprises and as companies race to implement generative AI in their businesses.

Key Points: 
  • The funding will accelerate Glean’s momentum as it meets sharp customer demand from enterprises and as companies race to implement generative AI in their businesses.
  • Founded by former Google search engineers in 2019, Glean started as a turnkey enterprise search and knowledge management solution connecting to over 100 SaaS apps.
  • Most recently, Glean introduced its low-code and no-code centralized AI platform, allowing companies to build custom generative AI experiences grounded in their company knowledge.
  • A recent survey of CIOs by Glean found that 78 percent of respondents believe generative AI will be critical to their organization’s productivity.

Abridge Emerges as a Healthcare AI Leader, Raising $150M to Accelerate R&D

Retrieved on: 
Friday, February 23, 2024

This raise comes just 4 months after their $30M Series B , and is one of the largest funding rounds made to date in generative AI for healthcare.

Key Points: 
  • This raise comes just 4 months after their $30M Series B , and is one of the largest funding rounds made to date in generative AI for healthcare.
  • Today, Abridge also announced a new enterprise agreement with the Yale New Haven Health System, the largest and most comprehensive healthcare system in Connecticut, that will give thousands of clinicians access to Abridge for clinical documentation.
  • Yale New Haven Health has selected Abridge as their generative AI partner in this area of ambient listening.
  • CTO Zack Lipton , a widely cited Associate Professor at Carnegie Mellon and pioneer in responsible AI research, has assembled the strongest research team in healthcare AI.

DeepL to open first U.S. office as adoption in the market soars

Retrieved on: 
Thursday, February 22, 2024

Global AI communications and translation company DeepL has announced the opening of its first U.S. office in Austin, TX on February 22, 2024.

Key Points: 
  • Global AI communications and translation company DeepL has announced the opening of its first U.S. office in Austin, TX on February 22, 2024.
  • One of the most innovative tech companies in recent years, DeepL became a pioneer in machine translation with its core product DeepL Translator—consistently rated the world’s most accurate AI translation system.
  • “We're thrilled to have seen such a meteoric rise in market adoption over the past few years.
  • “The company is already making waves across North America, and its Austin office will help to accelerate growth in the US market.”

Accompany Health Launches to Care for Low-Income Patients with Complex Needs

Retrieved on: 
Tuesday, January 30, 2024

“We know that low-income patients with complex needs have the most serious gaps in care and drive a huge percentage of health care costs, but innovators haven’t focused enough on them,” said Dr. Bob Kocher, a founder and board member of Accompany Health as well as a partner at Venrock. “Accompany Health has assembled a world-class team with a deep dedication to serving those most in need -- and with the experience with technology and care delivery to get it done.”

Key Points: 
  • “Despite significant innovation in primary care over the past decade, vulnerable patients still face significant barriers to getting the care they need,” said Dr. Rahul Rajkumar, CEO and founder of Accompany Health.
  • “To deliver the dignified, high-quality care these patients deserve but rarely receive, Accompany Health will walk alongside them for their entire care journey.”
    Accompany Health is built specifically to provide care to traditionally underserved populations on a large scale.
  • Accompany Health brings together primary care, behavioral health, and social care services to provide patients access to comprehensive, team-based care to help them achieve their health goals.
  • Offering at-home visits, virtual care, and 24/7 support, Accompany Health can serve as a patient’s primary care provider or collaborate with their existing doctor.

Snowflake Launches Powered By Snowflake Funding Program Investing Up to $100 Million in Innovative Apps in the Data Cloud

Retrieved on: 
Wednesday, November 1, 2023

Snowflake (NYSE: SNOW), the Data Cloud company, today announced at its Snowday 2023 event, the launch of the Powered by Snowflake Funding Program, which intends to invest up to $100 million dollars toward the next generation of early stage startups building Snowflake Native Apps.

Key Points: 
  • Snowflake (NYSE: SNOW), the Data Cloud company, today announced at its Snowday 2023 event, the launch of the Powered by Snowflake Funding Program, which intends to invest up to $100 million dollars toward the next generation of early stage startups building Snowflake Native Apps.
  • The Powered by Snowflake Funding Program features leading venture capital firms Altimeter Capital, Amplify Partners, Anthos Capital, Coatue, ICONIQ Growth, IVP, Madrona, Menlo Ventures, Redpoint Ventures, and Snowflake Ventures.
  • As part of the Powered by Snowflake Funding Program, Amazon Web Services (AWS) will further fuel growth and innovation by providing up to $1M in free Snowflake credits on AWS over four years to startups building Snowflake Native Apps.
  • View the full release here: https://www.businesswire.com/news/home/20231101844221/en/
    Snowflake Launches Powered By Snowflake Funding Program Investing Up to $100 Million in Innovative Apps in the Data Cloud (Graphic: Business Wire)
    “A new way to deploy enterprise applications is emerging as companies look to bring their apps and application code closer to their data.