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LOS ANGELES--(BUSINESS WIRE)--RAD Intel, a leader in AI-driven marketing intelligence, today announced the formalization of a new holding company structure to support rapid expansion, future acquisitions, and the launch of two standalone operating businesses, RAD Amplify and Lickly. The move comes as global ad spend surpasses $1T annually, and industry estimates suggest roughly 40% of that spend is lost to inefficiency, primarily driven by decisions made too late in the planning cycle. Under th...

SAN FRANCISCO--(BUSINESS WIRE)--Today, Kiddom announced Kiddom Atlas, a new AI-powered technology that analyzes student work and prepares differentiated instruction materials aligned to each day’s lesson. Atlas brings student learning into a single classroom environment so teachers can deliver grade-level instruction and targeted support at the same time. Early in-school results indicate that students using Atlas demonstrated gains of up to 18% compared to peers. “When teachers can see exactly...

KANSAS CITY, Mo.--(BUSINESS WIRE)--Sherpas today announced the close of its $3.2 million seed funding round, led by 1248, the family office of Mariner Wealth Advisors Founder & CEO Marty Bicknell, with major participation from AUA Private Equity Capital, GoHub Ventures, as well as strategic investors and advisory firms from across the wealth management industry. The round comes as advisory firms increasingly adopt AI to modernize how financial advice is analyzed, produced, and delivered. We...

MONTRÉAL--(BUSINESS WIRE)--Services financiers Innovation CIBC a annoncé aujourd’hui l’octroi d’une facilité de capital de croissance de 50 millions de dollars à AlayaCare Inc., un fournisseur de premier plan de solutions logicielles innovantes pour les soins à domicile et communautaires. Le financement soutiendra la croissance continue d’AlayaCare ainsi que les fusions et acquisitions stratégiques, poursuivant sa mission de transformation de la prestation de soins au Canada, aux États-Unis et...

MONTREAL--(BUSINESS WIRE)--CIBC Innovation Banking announced today the provision of a $50 million growth capital facility to AlayaCare Inc., a leading provider of innovative home and community care software solutions. The financing will support AlayaCare’s continued growth as well as strategic mergers and acquisitions, furthering its mission to transform the delivery of care across Canada, the U.S., and globally. AlayaCare provides data-driven, cloud-based software that delivers innovative solu...

NEW YORK--(BUSINESS WIRE)--Fluz, a fintech company founded in 2018 that provides consumer and business finance solutions, today announced the launch of Fluz Platform, marking the company’s expansion into the embedded finance market. The new platform brings Fluz’s payment infrastructure directly into software products, elevating payments to seamless, modern in-product experiences. Since its founding, Fluz has processed more than $5 billion in consumer and business payments, supporting use cases...

SAN FRANCISCO--(BUSINESS WIRE)--Sphinx, empresa que desarrolla agentes de cumplimiento normativo nativos del navegador para instituciones financieras, anunció hoy el cierre de una ronda de inversión semilla por USD 7,1 millones, liderada por Cherry Ventures y con la participación de Y Combinator, Rebel Fund, Deel Ventures y Singularity Capital. La empresa destinará los fondos a ampliar su capacidad operativa basada en agentes inteligentes, en un contexto en el que bancos y fintechs recurren cad...

SÃO FRANCISCO--(BUSINESS WIRE)--A Sphinx, empresa que desenvolve agentes de conformidade nativos para navegadores para instituições financeiras, anunciou hoje que levantou US$ 7,1 milhões em uma rodada de investimentos liderada pela Cherry Ventures, com a participação da Y Combinator, Rebel Fund, Deel Ventures e Singularity Capital. O financiamento será usado para ampliar a força de trabalho de conformidade da Sphinx, à medida que bancos e fintechs dependem cada vez mais dela para operações ess...

SAN FRANCISCO--(BUSINESS WIRE)--Render, the leading cloud for application developers, has raised $100 million in an extension of its Series C, valuing the company at $1.5 billion and bringing its total funding to $258 million. The funding was led by Georgian, who also led the Series C, with significant participation from all major existing investors, including Addition, Bessemer Venture Partners, General Catalyst, and 01 Advisors. With 4.5 million+ developers now on the platform and more than 2...

SAN FRANCISCO--(BUSINESS WIRE)--Sverica Capital Management LP (“Sverica”) announced today that its Fund V portfolio company Defy Security, LLC (“Defy” or the “Company”), has entered into a definitive agreement to be sold to Booz Allen Hamilton(“Booz Allen”). This marks the culmination of a five-year successful partnership with Defy, during which the Company tripled in size while maintaining its strong profitability profile and solidified its position as a leading provider of end-to-end cybersec...