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The round was led by OpenView, with participation from existing investors Celtic House Venture Partners and Rho Canada Ventures.
The SaaS market in Brazil is booming. It mirrors the rapid adoption of SaaS as the dominant cloud computing type in a global public cloud services market that’s forecast to reach more than $122 billion in 2017.
Socure, which provides a SaaS solution to fight the risk of identity theft and other fraudulent activities, raised the funds from Commerce Ventures, Flint Capital, Work-Bench Ventures, Santander InnoVentures, and Two Sigma Ventures.
The city partnered with Uber on May 1st, and allocated $100,000 over six to nine months.
The new feature will enable administrators to compel user log-ins and invalidate user sessions in response to certain kinds of security threats.
RateGain sells software for the hospitality and travel industries for revenue management decision support, rate intelligence, seamless electronic distribution and brand engagement helping customers streamline their operations and sales.
In early July, Voices.com raised $18 million from Morgan Stanley Expansion Capital.
The SaaS business model appears to be the fastest growing sector in India and Indian SaaS companies are poised to make the country one of the leading SaaS providers in the world within the next few years.
LinkGreen’s main product, LinkGreen Connect, aims to help wholesale buyers and suppliers in fragment industries like the lawn and garden industry process manage orders more efficiently.