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Texas-Squared Startup Newsletter #301

Texas Startup News, Opinion & Events in the Lone StartUP State View this email in your browserSUBSCRIBE to Texas-Squared Email to a FriendSign up for reminders about Austin Startup meetups…

Elsewhere Partners Promotes Michael Massad to Vice President

Elsewhere Partners Promotes Michael Massad to Vice President News provided by Share this article AUSTIN, Texas, May 5, 2021 /PRNewswire/   Elsewhere Partners today announced the promotion of Michael Massad to the role of Vice President where he will co-lead diligence and execution for new investments, and oversee the firm s marketing and business development efforts. Massad is part of Elsewhere s growing team of venture capital experts focused on investing in capital-efficient B2B software companies outside of traditional venture capital hubs. He joined the firm in 2017, working as a part-time Venture Fellow during graduate school and rising through the ranks as a full-time Associate and Senior Associate.

Atlanta Inno - Atlanta startups raised more than $725 million in April

Atlanta Inno - Atlanta startups raised more than $725 million in April
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

Itential Raises $20 Million Series B to Advance Network Automation in the Enterprise

Itential Raises $20 Million Series B to Advance Network Automation in the Enterprise Share Article Itential Raises $20M Series B from Elsewhere Partners to Advance Network Automation in the Enterprise Itential is seeing a tremendous response from customers and partners to adopt network automation. We are honored to have our Series B led by Elsewhere Partners and share our vision in transforming how enterprise networks are managed. ATLANTA (PRWEB) April 13, 2021 Itential©, the leader in network and cloud automation, has raised $20 million in Series B financing from Elsewhere Partners, an investment firm backing scaleup software companies with thoughtful capital, subject matter expertise, and a network of seasoned operators. As it helps its customers navigate the complexity of hybrid and multi-cloud networks, Itential will use the funds to accelerate its core business and continue to build its Software-as-a-Servic

With Fortune 500 clients, revenue growth, Tasktop raises $126 million CAD in growth equity

With Fortune 500 clients, revenue growth, Tasktop raises $126 million CAD in growth equity Tasktop has raised $126 million CAD ($100 million USD) in growth equity financing, following several years of significant growth for the Vancouver-based SaaS startup. The round was led by Sumeru Equity Partners, a growth equity firm headquartered in California. Tasktop’s previous investors, Yaletown Partners and Elsewhere Partners, also participated as part of the round. To date, the firm has raised $130 million USD. “It has been just an absolutely amazing feeling to see the market really wake up to this problem.” The raise comes after years of scaling, which has led Tasktop to amass an impressive roster of Fortune 500 clients, revenue growth, and a team nearing 200 people. The startup is looking to use the funding to continue this growth trajectory.

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