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Iron Pillar, a venture growth investor backing global companies building products from India, today announced its investment in Ushur, the no-code intelligent automation company based in Santa Clara w

Santa-Clara and Bengaluru based no-code intelligent automation company Ushur has raised $5million as a part of its $25 million Series B funding from the growth investment firm Iron Pillar. This is the second investment from Iron Pillar Fund II, targeting growth stage cloud software companies.

Iron Pillar, a venture growth investor backing global companies building products from India, has made an investment in Ushur, the no-code intelligent automation company. The Santa Clara-based firm has product development in Bengaluru. Iron Pillar invested as part of the company’s $5 million extension to its $25 million Series B financing that closed in November 2020. This is the second investment from Iron Pillar Fund II, targeting growth stage cloud software companies. Iron Pillar is also an investor in well-known SaaS and cloud software companies like Uniphore, Servify and NowFloats. ...

Activist hedge fund manager Daniel Loeb takes on Intel, plans launch of new VC fund Third Point, the activist hedge fund run by Daniel Loeb, is busy in the waning days of 2020. It’s had great returns despite huge turbulence early in the pandemic — Reuters says that it is up 12.3% for the year as of earlier this month — and the firm clearly sees more and more potential for growth in the tech sector. First, we learned via Asa Fitch at the Wall Street Journal yesterday that the hedge fund sent a vituperative shareholder letter to Intel chair Omar Ishrak, demanding wide-scale changes in its...