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It s raining funds: Smart B2B marketing & computing optimizer land riches
Israeli startup Leadspace scores Series D funds to upgrade B2B sales, and Granulate lands Series B money to cut your computing costs by a lot. Dor Schwartz /
B2B marketing gets smart
Leadspace, an Israeli online lead generation startup, announced a $46 million Series D funding round, led by JVP. Alongside the funding announcement, the company is also appointing Alex Yoder as CEO. The positive announcements come after a rough year, including partner JVP suing the former CEO. “We believe that Alex Yoder can take the business to the next level as Leadspace becomes the single source of truth for B2B data, said Erel Margalit, JVP Founder & Executive Chairman and Leadspace’s Chairman of the Board.
Granulate nabs $30M for software to optimize workloads and latency
Services like video streaming, gaming, media-intensive advertising and marketing technology are putting more strain on bandwidth and backend latency than ever before due to the surge of online traffic in the last year. But for most organizations in today’s usage-based cloud world, that can represent a huge cost in compute power or a major investment in a company’s own latency technology to try to address that.
This has created an opportunity for startups building optimization tools. Today, one called Granulate which has built software for organizations to handle those loads more intelligently and cost-effectively is announcing a round of funding after seeing a huge boost in business in the last 10 months, with customer growth up 360% and revenues growing 570%.
Granulate Raises $30 Million Series B to Boost Compute Performance and Slash Computing Costs for Any Company
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TEL AVIV, Israel, Feb. 3, 2021 /PRNewswire/ Granulate, a company providing an autonomous real-time computing workload optimization and cost reduction solution, today announced a $30 million Series B funding round, bringing the company s total amount raised to $45 million. The round was led by Red Dot Capital Partners with the participation of existing investors Insight Partners, TLV Partners, and Hetz Ventures. Dawn Capital also joined the round as a new investor. The Series B is Granulate s second round of funding over the past ten months, as adoption of the company s solution has more than tripled since the Series A.
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