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Breather founder and previous CEO Julien Smith will remain with the company as chairman of the board.
The round was led by Insight Venture Partners, with participation from the Canada Pension Plan Investment Board (CPPIB).
The cloud backup company says it will use the funding to bolster product development and launches throughout 2019.
The immediate plan post-acquisition will see a huge increase in content for the Osmo platform, while the price of the hardware — which currently ranges from $99-$189 — may also be reduced to help grow the audience beyond its current base.
Howaston replaces former CEO Flavio Gomes, who will move to the role of executive chairman, where he will oversee customer support, sales, and marketing efforts.
The funding was led by Siemens-backed global venture firm Next47, along with existing investors including Salesforce Ventures, Aleph VC, OG Ventures, Cambridge Capital, Coca-Cola, Ituran, and Pereg Ventures.
WhereiPark offers its parking marketplace in Seattle, Los Angeles, San Francisco, Chicago, Boston, Toronto, Washington D.C. and Portland.
Nasdaq’s BVP Emerging Cloud Index measures the performance of a portfolio of 45 SaaS stocks. Like much of the tech world, and the stock market in general, the final quarter of 2018 was not terribly kind. The good news is that there are signs of life.
Zipwhip, which enables companies to communicate with their customers via text messaging, raised the funding from Goldman Sachs Private Capital Investing group and others.
With this acquisition, the CM Group now has 500 employees and 300,000 customers.
Delegate plans to use the money to invest in its SaaS platform and overseas expansion.
With Peerio, WorkJam can provide employees with three secure modes of communication: live chat, channels, and messaging.