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AccessNow will use the investment to open up the technology’s functionality, pursue community partnerships, in addition to new features that the startup plans to announce later on.
Khan joins from Bessemer Venture Partners where she’s served as a vice president since 2016.
The most notable SaaS companies occupied seven of the top 10 verticals by venture capital deal activity recently, and three of the top 10 by investments.
Invixium’s solution consolidates data capture devices and software that provide precise audit trails of access and meaningful analytics to businesses, in order to increase productivity and security.
The firm’s fresh $150 million Series D values it at $1.9 billion, a multiple of its preceding $550 million post-money valuation set during its mid-2018 Series C.
The decacorn’s decision to drop $410 million in cash and stock on an asset that Square had spent around $90 million on was nearly confusing.
The investment was led by Emergence Capital. Existing investor Sequoia India also participated in the round.
Ottawa-based SaaS startup Rockport Networks has received a $2.9 million loan from the federal government’s FedDev Ontario program, to help commercialize its autonomous networking solution.
The company had previously raised $3 million from NYC enterprise-focused Work-Bench and $2.4 million from True Ventures. Both firms participated in this new round.