DailyPay Closes Transactions Totaling $175 Million; Company’s Valuation Increases by 75%
DailyPay, the leading on-demand pay company, today announced it has secured over $175 million to fuel growth. The funding is divided between $100 million of expanded secured credit facility capacity provided by Citi and over $75 million in equity financing, which valued the company at $1.75 billion on a pre-money basis.
Celigo Automates Over $1.4B in Gross Merchandise Value During BFCM 2023
Celigo, the leading integration platform as a service (iPaaS) for business and IT users, today announced it processed orders worth more than $1.4 billion gross market value (GMV) during the Black Friday Cyber Monday (BFCM) shopping period. Over the four-day stretch, Celigo experienced a 2.5x increase in the total volume of orders processed above the daily average while delivering 100% platform uptime to its customers.
USAA Life Insurance Announces New Relationship with Trust & Will
USAA Life Insurance Company, a leading financial services brand for military members and their families, and Trust & Will, a premier digital estate planning and settlement platform, have announced a strategic relationship to provide discounted estate planning and probate services to their members serving their unique needs.
Prove Identity nabs $40M at a $1B+ valuation to expand in mobile-based authentication tech
Prove Identity, the smartphone-based identity verification startup that originally made its name years ago as Payfone before rebranding in 2020, has raised $40 million.
Horizon Technology Finance Provides $35 Million Venture Loan Facility to Mirantis
Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that on September 15, 2023 it provided a $35 million venture loan facility to Mirantis, Inc. (“Mirantis”), of which $20 million has been initially funded.
Prove Identity CEO Rodger Desai Wins EY Entrepreneur Of The Year® New York Award
Prove Identity, Inc. (“Prove”), the global leader in digital identity, today announced that its Founder & Chief Executive Officer, Rodger Desai, has been named by Ernst & Young LLP (EY US) as a 2023 EY Entrepreneur Of The Year® New York Award winner.
Prove Identity Partners with Visa to Make Customer Onboarding 79% Faster While Enhancing Security
Prove Identity, Inc. (“Prove”), a leader in consumer identity, today announced a new partnership with Visa (NYSE: V), a world leader in digital payments, to empower brands to increase secure loyalty account enrollment by eliminating manual account registration and pre-filling application forms with verified information.
Ion Stoica’s First Startup Ready to Spread Streaming Data Wings
Having tackled some of the toughest real-time data processing challenges in Internet video, and seeing a surge of interest in real-time data, Conviva is now looking to apply its streaming data platform to other data use cases in other industries.
Code42 Enhances its Solution to Deliver Effective, Low-Lift Response to the Full Spectrum of Insider Risk
Code42 Software, Inc., the Insider Risk Management (IRM) leader, today announced that it is offering a complete set of response controls to allow security teams to respond to all levels of risk, ranging from unacceptable high risk that must be blocked to the most prevalent user mistakes that require correction.
Code42 and SentinelOne Partner to Uncover Risk to Data and Accelerate Response to Insider Threats
Code42 Software, Inc., the Insider Risk Management (IRM) leader, and SentinelOne, Inc. (NYSE: S), an autonomous cybersecurity platform company, today announced a new partnership that integrates the Code42 Incydr™ solution with the SentinelOne Singularity Platform. This integration grants users additional visibility over their most sensitive data and expands response capabilities in the event of an insider threat incident.