News & Insights

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Ecwid raises $42M from Morgan Stanley and PeakSpan

Ecwid, the startup that sells e-commerce tools directly and via third parties like Square and Wix, letting businesses build e-commerce experiences on their own websites and apps, as well as via Facebook, Instagram, Amazon, Google, and more, has raised $42 million from Morgan Stanley and PeakSpan Capital.


Fintech Startup Qwil Raises $24.4 Million in Equity and $200 Million in Debt

Qwil, a startup that provides financing to freelancers and small businesses, has raised $24.4 million in equity and $200 million in debt funding from investors including Jefferies Financial Group Inc, the company said on Wednesday.


Patient Engagement Leader Luma Health Raises $16 Million to Accelerate Delivery of Modern Patient Access Technology

Luma Health, the only total patient engagement platform, today announced $16 million in Series B equity funding, bringing total equity funding to $25.7 million.


Stylitics Secures $15 Million in Series B Funding for AI-Driven Outfitting and Styling Platform for Retailers

Stylitics, the leading AI-powered visual merchandising and outfit recommendation platform, today announced it closed a $15 million Series B round of funding, bringing its total funding to $21 million.


JRNI Closes $6 Million Series C Extension, Bringing Total Series C Funding to $19.4 Million

BOSTON–(BUSINESS WIRE)–JRNI, formerly BookingBug, the leading customer engagement platform for omnichannel conversion, today announced that it has closed a $6 million extension to its Series C financing led by PeakSpan Capital with participation from Downing Ventures and Somerston Group. The round brings JRNI’s total funding to $23.2 million, and builds on JRNI’s $13.4 million Series C…


XOi Technologies Announces $11M Series C Financing

XOi Technologies, the Nashville-based leader in field service communication solutions, announced today the completion of its Series C financing round. The $11 million round was led by PeakSpan Capital with participation by Grotech Ventures, as well as Series B investors, Vocap Investment Partners and Nashville Capital Network.


Fuel50 Raises $14 Million Series B to Transform the Future of Work

Fuel50, creator of the world’s fastest-growing career experience and talent mobility platform, today announced it raised $14 million in Series B funding, led by PeakSpan Capital.


Cognism Raises $10m to Move Sales From an Art to a Science

End-to-end sales acceleration platform Cognism has raised $10m in Series B funding for its next-generation sales acceleration solution, bringing its total funding to just over $16.5m. The round was led by New York-based PeakSpan Capital.


ReviewTrackers Partners with PeakSpan Capital on $10 Million Series-B Fundraise

ReviewTrackers, a Chicago-based provider of review and customer feedback solutions for businesses, announced today a new growth fundraising round of $10M from PeakSpan Capital.


GroupBy Inc. Announces Series B Funding

GroupBy Inc., a leading provider of relevancy-focused eCommerce solutions, today announced the company has closed its Series B financing.


Ecwid raises $42M from Morgan Stanley and PeakSpan

Ecwid, the startup that sells e-commerce tools directly and via third parties like Square and Wix, letting businesses build e-commerce experiences on their own websites and apps, as well as via Facebook, Instagram, Amazon, Google, and more, has raised $42 million from Morgan Stanley and PeakSpan Capital.


Fintech Startup Qwil Raises $24.4 Million in Equity and $200 Million in Debt

Qwil, a startup that provides financing to freelancers and small businesses, has raised $24.4 million in equity and $200 million in debt funding from investors including Jefferies Financial Group Inc, the company said on Wednesday.


Patient Engagement Leader Luma Health Raises $16 Million to Accelerate Delivery of Modern Patient Access Technology

Luma Health, the only total patient engagement platform, today announced $16 million in Series B equity funding, bringing total equity funding to $25.7 million.


Stylitics Secures $15 Million in Series B Funding for AI-Driven Outfitting and Styling Platform for Retailers

Stylitics, the leading AI-powered visual merchandising and outfit recommendation platform, today announced it closed a $15 million Series B round of funding, bringing its total funding to $21 million.


JRNI Closes $6 Million Series C Extension, Bringing Total Series C Funding to $19.4 Million

BOSTON–(BUSINESS WIRE)–JRNI, formerly BookingBug, the leading customer engagement platform for omnichannel conversion, today announced that it has closed a $6 million extension to its Series C financing led by PeakSpan Capital with participation from Downing Ventures and Somerston Group. The round brings JRNI’s total funding to $23.2 million, and builds on JRNI’s $13.4 million Series C…


XOi Technologies Announces $11M Series C Financing

XOi Technologies, the Nashville-based leader in field service communication solutions, announced today the completion of its Series C financing round. The $11 million round was led by PeakSpan Capital with participation by Grotech Ventures, as well as Series B investors, Vocap Investment Partners and Nashville Capital Network.


Fuel50 Raises $14 Million Series B to Transform the Future of Work

Fuel50, creator of the world’s fastest-growing career experience and talent mobility platform, today announced it raised $14 million in Series B funding, led by PeakSpan Capital.


Cognism Raises $10m to Move Sales From an Art to a Science

End-to-end sales acceleration platform Cognism has raised $10m in Series B funding for its next-generation sales acceleration solution, bringing its total funding to just over $16.5m. The round was led by New York-based PeakSpan Capital.


ReviewTrackers Partners with PeakSpan Capital on $10 Million Series-B Fundraise

ReviewTrackers, a Chicago-based provider of review and customer feedback solutions for businesses, announced today a new growth fundraising round of $10M from PeakSpan Capital.


GroupBy Inc. Announces Series B Funding

GroupBy Inc., a leading provider of relevancy-focused eCommerce solutions, today announced the company has closed its Series B financing.


The 2020 Top Workplaces winners

From Tennessean: XOi Technologies has been named by the Tennessean as one of the 2020 Top Workplaces. Rankings will be announced at the Top Workplaces awards ceremony in October. XOi Technologies Local employees: 52 http://www.xoi.io Source: The 2020 Top Workplaces winners

DMG Consulting Report Identifies Inference Solutions as the Global Market Share Leader for Virtual Agents

From InferenceSolutions: SAN FRANCISCO, CA – (June 4, 2020) – Intelligent Virtual Agent (IVA) platform provider Inference Solutions is recognized as the global market share leader, based on number of customers, in the 2020-2021 Intelligent Virtual Agent Product and Market Report by DMG Consulting LLC. “DMG provides one of the most comprehensive annual analyses of…

Introducing the 2020 Top 100 HR Tech Influencers

The HRE and HR Tech Conference team unveil the second edition of the Top 100 HR Tech Influencers. From HumanResourceExecutive: Now more than ever, leaders are needed. Whether it’s CHROs creating innovative benefits packages for struggling workers, product developers pioneering solutions to target the new challenges facing our workforces or industry analysts providing needed guidance and insights…

Five9 Launches Five9 Intelligent Virtual Assistant

From BusinessWire: SAN RAMON, Calif.–(BUSINESS WIRE)–Five9, Inc (NASDAQ: FIVN) a leading provider of the intelligent cloud contact center, announced today the general availability of Five9 Virtual Assistant, a best-in-class Intelligent Virtual Assistant (IVA), powered by Inference, that leverages conversational-AI to automate manual tasks and answer common questions in the contact center. Five9 Virtual Assistant delivers…

Here are Ottawa’s 2020 Forty Under 40 recipients

From OttawaBusinessJournal: Annual awards take on special significance amid COVID-19 One of Ottawa’s leading artificial intelligence entrepreneurs, an IT executive revolutionizing retirement homes and the head of one of the city’s most celebrated cultural institutions are among this year’s recipients of the Forty Under 40 awards. A joint initiative of the Ottawa Board of Trade…

MindBridge awarded as Technology Pioneer by World Economic Forum

From the blog of MindBridge: The World Economic Forum announced its selection of over 100 of the most promising Technology Pioneers of 2020, who are shaping industries from agriculture to healthcare while also working on sustainability issues and much more. Many Technology Pioneers are also using their tech to support COVID-19 responses around the world….

Launch: Best Converting Design for Hotel Upselling So Far

From the Oaky blog: How have you been keeping busy during the COVID-19 lockdown? Here at Oaky, it’s been all hands on deck to further improve our product and increase our current average ROI of 13.8. Why? Because our goal is to make you the upselling rockstar you were meant to be, so you can…

Kenna Security Unveils New, Free Tool for Custom Benchmarking of Vulnerability Management Programs

From GlobeNewswire: SAN FRANCISCO, May 26, 2020 — Kenna Security, the enterprise leader in risk-based vulnerability management, today released the Prioritization to Prediction Benchmark Survey, a free new tool that enables companies to compare their vulnerability management programs to an industry average. “Organizations are facing an uphill battle when it comes to managing the thousands of vulnerabilities…

Video Chat Powered by Twilio – Free to Customers for 3 Months

From the PetDesk Blog: As each state adjusts to lifting stay at home orders, PetDesk allows veterinarians flexibility with the first-ever video-integrated client communication platform SAN DIEGO, May 18, 2020 – PetDesk is making its telemedicine technology, live Video Chat powered by Twilio, available to all customers free for three months thanks to Twilio’s Video Boost Program.  Launched in…

Introducing JRNI Analytics

From the JRNI blog: As you’ve probably heard from us in the past, we believe strongly in the importance of analytics. Why? Because getting insight about the one-to-one and one-to-many experiences you provide your customers can help you: Increase conversions Reveal hidden trends Improve customer experience Optimize your workforce Track progress against KPIs And now, thanks…

The 2020 Top Workplaces winners

From Tennessean: XOi Technologies has been named by the Tennessean as one of the 2020 Top Workplaces. Rankings will be announced at the Top Workplaces awards ceremony in October. XOi Technologies Local employees: 52 http://www.xoi.io Source: The 2020 Top Workplaces winners

DMG Consulting Report Identifies Inference Solutions as the Global Market Share Leader for Virtual Agents

From InferenceSolutions: SAN FRANCISCO, CA – (June 4, 2020) – Intelligent Virtual Agent (IVA) platform provider Inference Solutions is recognized as the global market share leader, based on number of customers, in the 2020-2021 Intelligent Virtual Agent Product and Market Report by DMG Consulting LLC. “DMG provides one of the most comprehensive annual analyses of…

Introducing the 2020 Top 100 HR Tech Influencers

The HRE and HR Tech Conference team unveil the second edition of the Top 100 HR Tech Influencers. From HumanResourceExecutive: Now more than ever, leaders are needed. Whether it’s CHROs creating innovative benefits packages for struggling workers, product developers pioneering solutions to target the new challenges facing our workforces or industry analysts providing needed guidance and insights…

Five9 Launches Five9 Intelligent Virtual Assistant

From BusinessWire: SAN RAMON, Calif.–(BUSINESS WIRE)–Five9, Inc (NASDAQ: FIVN) a leading provider of the intelligent cloud contact center, announced today the general availability of Five9 Virtual Assistant, a best-in-class Intelligent Virtual Assistant (IVA), powered by Inference, that leverages conversational-AI to automate manual tasks and answer common questions in the contact center. Five9 Virtual Assistant delivers…

Here are Ottawa’s 2020 Forty Under 40 recipients

From OttawaBusinessJournal: Annual awards take on special significance amid COVID-19 One of Ottawa’s leading artificial intelligence entrepreneurs, an IT executive revolutionizing retirement homes and the head of one of the city’s most celebrated cultural institutions are among this year’s recipients of the Forty Under 40 awards. A joint initiative of the Ottawa Board of Trade…

MindBridge awarded as Technology Pioneer by World Economic Forum

From the blog of MindBridge: The World Economic Forum announced its selection of over 100 of the most promising Technology Pioneers of 2020, who are shaping industries from agriculture to healthcare while also working on sustainability issues and much more. Many Technology Pioneers are also using their tech to support COVID-19 responses around the world….

Launch: Best Converting Design for Hotel Upselling So Far

From the Oaky blog: How have you been keeping busy during the COVID-19 lockdown? Here at Oaky, it’s been all hands on deck to further improve our product and increase our current average ROI of 13.8. Why? Because our goal is to make you the upselling rockstar you were meant to be, so you can…

Kenna Security Unveils New, Free Tool for Custom Benchmarking of Vulnerability Management Programs

From GlobeNewswire: SAN FRANCISCO, May 26, 2020 — Kenna Security, the enterprise leader in risk-based vulnerability management, today released the Prioritization to Prediction Benchmark Survey, a free new tool that enables companies to compare their vulnerability management programs to an industry average. “Organizations are facing an uphill battle when it comes to managing the thousands of vulnerabilities…

Video Chat Powered by Twilio – Free to Customers for 3 Months

From the PetDesk Blog: As each state adjusts to lifting stay at home orders, PetDesk allows veterinarians flexibility with the first-ever video-integrated client communication platform SAN DIEGO, May 18, 2020 – PetDesk is making its telemedicine technology, live Video Chat powered by Twilio, available to all customers free for three months thanks to Twilio’s Video Boost Program.  Launched in…

Introducing JRNI Analytics

From the JRNI blog: As you’ve probably heard from us in the past, we believe strongly in the importance of analytics. Why? Because getting insight about the one-to-one and one-to-many experiences you provide your customers can help you: Increase conversions Reveal hidden trends Improve customer experience Optimize your workforce Track progress against KPIs And now, thanks…

Old World Meets New: Pursuing a Software Enabled and Entrepreneur Centered Approach to Growth Equity

When rich, highly accurate and curated pipeline is provided automatically to a growth equity firm through the application of technology, exciting opportunities become available. A technology-enabled model elevates prospect identification and cultivation from a largely manual process by a firm’s most junior team members into the hands of experienced, senior Partners.


HotelTechReport: PeakSpan Capital Co-Founder Reveals Why Now is the Time to Invest in Hotel Tech

How many hotels are there in the world? Back in 2012 STR estimated 187,000 hotels with more than 17.5 million rooms globally but we’ve seen estimates from Booking and Expedia north of 300,000 and that figure is growing at a rapid clip. Hotels have a stigma for being slow to adopt technology but that’s changing quickly as digital natives moves into leadership roles at hotel groups around the world.


forbes magazine logo

Forbes: 12 Key Issues For SaaS Startups Seeking Financing

Forbes Magazine has published a helpful and comprehensive article on key issues for SaaS startups that are looking for financing. The authors cover the essential importance of a great pitch deck, the feasibility of finding angel investors, and key things to know about VC funding.


San Diego Union-Tribune: Rivaling dot-com boom, 2018 breaks record for San Diego startups raising cash

San Diego’s startup scene made big gains in 2018, hauling in nearly twice as much money as the prior year. That’s record-breaking attention from investors, and it’s an impressive performance compared to state and national averages.


PeakSpan Capital co-founder on Big Data, big dips and software investing

PeakSpan Capital co-founder Phil Dur spoke to Cromwell Schubarth at Silicon Valley Business Journal about PeakSpan’s highly focused, data-driven approach to to finding the startups they back.


forbes magazine logo

How To Impress A Venture Capitalist: 12 Prominent VCs Share What Gets Their Attention

Forbes Magazine spoke to a dozen VC firm founders and partners to get their wisdom on what it takes for companies to make a great impression on the VC circuit. PeakSpan co-founder Phil Dur contributed this advice on showing how it all stitches together: “I am always impressed by entrepreneurs who can articulate a compelling…


Old World Meets New: Pursuing a Software Enabled and Entrepreneur Centered Approach to Growth Equity

When rich, highly accurate and curated pipeline is provided automatically to a growth equity firm through the application of technology, exciting opportunities become available. A technology-enabled model elevates prospect identification and cultivation from a largely manual process by a firm’s most junior team members into the hands of experienced, senior Partners.


HotelTechReport: PeakSpan Capital Co-Founder Reveals Why Now is the Time to Invest in Hotel Tech

How many hotels are there in the world? Back in 2012 STR estimated 187,000 hotels with more than 17.5 million rooms globally but we’ve seen estimates from Booking and Expedia north of 300,000 and that figure is growing at a rapid clip. Hotels have a stigma for being slow to adopt technology but that’s changing quickly as digital natives moves into leadership roles at hotel groups around the world.


forbes magazine logo

Forbes: 12 Key Issues For SaaS Startups Seeking Financing

Forbes Magazine has published a helpful and comprehensive article on key issues for SaaS startups that are looking for financing. The authors cover the essential importance of a great pitch deck, the feasibility of finding angel investors, and key things to know about VC funding.


San Diego Union-Tribune: Rivaling dot-com boom, 2018 breaks record for San Diego startups raising cash

San Diego’s startup scene made big gains in 2018, hauling in nearly twice as much money as the prior year. That’s record-breaking attention from investors, and it’s an impressive performance compared to state and national averages.


PeakSpan Capital co-founder on Big Data, big dips and software investing

PeakSpan Capital co-founder Phil Dur spoke to Cromwell Schubarth at Silicon Valley Business Journal about PeakSpan’s highly focused, data-driven approach to to finding the startups they back.


forbes magazine logo

How To Impress A Venture Capitalist: 12 Prominent VCs Share What Gets Their Attention

Forbes Magazine spoke to a dozen VC firm founders and partners to get their wisdom on what it takes for companies to make a great impression on the VC circuit. PeakSpan co-founder Phil Dur contributed this advice on showing how it all stitches together: “I am always impressed by entrepreneurs who can articulate a compelling…


The 2020 Top Workplaces winners

From Tennessean: XOi Technologies has been named by the Tennessean as one of the 2020 Top Workplaces. Rankings will be announced at the Top Workplaces awards ceremony in October. XOi Technologies Local employees: 52 http://www.xoi.io Source: The 2020 Top Workplaces winners


DMG Consulting Report Identifies Inference Solutions as the Global Market Share Leader for Virtual Agents

From InferenceSolutions: SAN FRANCISCO, CA – (June 4, 2020) – Intelligent Virtual Agent (IVA) platform provider Inference Solutions is recognized as the global market share leader, based on number of customers, in the 2020-2021 Intelligent Virtual Agent Product and Market Report by DMG Consulting LLC. “DMG provides one of the most comprehensive annual analyses of…


Introducing the 2020 Top 100 HR Tech Influencers

The HRE and HR Tech Conference team unveil the second edition of the Top 100 HR Tech Influencers. From HumanResourceExecutive: Now more than ever, leaders are needed. Whether it’s CHROs creating innovative benefits packages for struggling workers, product developers pioneering solutions to target the new challenges facing our workforces or industry analysts providing needed guidance and insights…


Five9 Launches Five9 Intelligent Virtual Assistant

From BusinessWire: SAN RAMON, Calif.–(BUSINESS WIRE)–Five9, Inc (NASDAQ: FIVN) a leading provider of the intelligent cloud contact center, announced today the general availability of Five9 Virtual Assistant, a best-in-class Intelligent Virtual Assistant (IVA), powered by Inference, that leverages conversational-AI to automate manual tasks and answer common questions in the contact center. Five9 Virtual Assistant delivers…


Here are Ottawa’s 2020 Forty Under 40 recipients

From OttawaBusinessJournal: Annual awards take on special significance amid COVID-19 One of Ottawa’s leading artificial intelligence entrepreneurs, an IT executive revolutionizing retirement homes and the head of one of the city’s most celebrated cultural institutions are among this year’s recipients of the Forty Under 40 awards. A joint initiative of the Ottawa Board of Trade…


MindBridge awarded as Technology Pioneer by World Economic Forum

From the blog of MindBridge: The World Economic Forum announced its selection of over 100 of the most promising Technology Pioneers of 2020, who are shaping industries from agriculture to healthcare while also working on sustainability issues and much more. Many Technology Pioneers are also using their tech to support COVID-19 responses around the world….


Launch: Best Converting Design for Hotel Upselling So Far

From the Oaky blog: How have you been keeping busy during the COVID-19 lockdown? Here at Oaky, it’s been all hands on deck to further improve our product and increase our current average ROI of 13.8. Why? Because our goal is to make you the upselling rockstar you were meant to be, so you can…


Kenna Security Unveils New, Free Tool for Custom Benchmarking of Vulnerability Management Programs

From GlobeNewswire: SAN FRANCISCO, May 26, 2020 — Kenna Security, the enterprise leader in risk-based vulnerability management, today released the Prioritization to Prediction Benchmark Survey, a free new tool that enables companies to compare their vulnerability management programs to an industry average. “Organizations are facing an uphill battle when it comes to managing the thousands of vulnerabilities…


Video Chat Powered by Twilio – Free to Customers for 3 Months

From the PetDesk Blog: As each state adjusts to lifting stay at home orders, PetDesk allows veterinarians flexibility with the first-ever video-integrated client communication platform SAN DIEGO, May 18, 2020 – PetDesk is making its telemedicine technology, live Video Chat powered by Twilio, available to all customers free for three months thanks to Twilio’s Video Boost Program.  Launched in…


Introducing JRNI Analytics

From the JRNI blog: As you’ve probably heard from us in the past, we believe strongly in the importance of analytics. Why? Because getting insight about the one-to-one and one-to-many experiences you provide your customers can help you: Increase conversions Reveal hidden trends Improve customer experience Optimize your workforce Track progress against KPIs And now, thanks…


Zingle Secures $11M to Bring AI to the Hotel Guest Experience One Text at a Time

Leading business-to-customer messaging solution, Zingle, announced today that it has raised an additional $11M in funding.


Cyara Closes Largest Bookings Quarter in the Company’s History

Cyara closed the first half of its 2019 fiscal year with 30 percent growth in SaaS bookings, 95 percent customer retention, and a second quarter representing the largest bookings quarter in the company’s history.


PetDesk Raises $12 Million to Bridge Technology Gap Between Veterinary and Grooming Software

PetDesk, a San Diego-based pet care communication company, announced they have raised $12 million from Silicon Valley-based firm PeakSpan Capital.


Cognism Secures Innovative AI Patent to Enable B2B Organisations to Rapidly Identify New Revenue Opportunities

Cognism, the smart all-in-one B2B marketing and sales acceleration solution, has successfully secured a patent for an Artificial Intelligence (AI) engine to address the data challenges faced by sales and marketing teams in B2B organisations.


Frost & Sullivan Selects Cyara as 2018 Global Customer Experience Testing Platform Vendor of The Year

For the third consecutive year, Frost & Sullivan has recognized Cyara for enabling leading brands around the world to deliver flawless customer experiences.


San Diego Union-Tribune: Rivaling dot-com boom, 2018 breaks record for San Diego startups raising cash

San Diego’s startup scene made big gains in 2018, hauling in nearly twice as much money as the prior year. That’s record-breaking attention from investors, and it’s an impressive performance compared to state and national averages.


Venture Beat: Cordial raises $15 million for next-gen email marketing platform

PeakSpan Capital led the round, and existing investors Upfront Ventures and High Alpha also joined the round. Cordial said it has doubled both customer and revenue growth within the last year, and it will use the new funds to expand its multi-channel capabilities, including mobile, browser notifications, and web forms, in order to meet the needs of marketers.


Cloudbeds Raises 9 Million in Series B Funding, Led by PeakSpan Capital

Cloudbeds, a leading provider of hospitality management software for independent properties (hotels, hostels, inns, beds and breakfasts, campgrounds, vacation rentals, and more), today announced it has completed an oversubscribed $9+ million Series B financing round.


PeakSpan Capital Raises $150 Million Fund to Invest in Growth-Stage Business Software Entrepreneurs

PeakSpan Capital announced today it has closed PeakSpan Capital Growth Partners I, L.P., an oversubscribed $150 million fund to invest in growth stage business software companies.


PeakSpan Capital co-founder on Big Data, big dips and software investing

PeakSpan Capital co-founder Phil Dur spoke to Cromwell Schubarth at Silicon Valley Business Journal about PeakSpan’s highly focused, data-driven approach to to finding the startups they back.