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TigerGraph Raises $105 Million to Accelerate Graph Analytics on the Cloud


February 22, 2021
TigerGraph Raises $105 Million to Accelerate Graph Analytics on the Cloud
Record Funding for Graph Database Category, Led by Tiger Global, Signals the Next Wave in Analytics to Fuel Powerful Insights for Artificial Intelligence
GlobeNewswire
SINGAPORE, Feb. 22, 2021 (GLOBE NEWSWIRE)
TigerGraph, provider of the leading graph analytics platform, today announced it has raised $105 million in Series C funding, the largest funding round to date within the graph database and analytics market. The round was led by Tiger Global and brings TigerGraph’s total funding raised to over $170 million. TigerGraph already has a presence in China and is opening offices in Singapore and in Indonesia. ....

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Onfido Delivers Record Revenue Year for Fiscal 2020


Onfido Delivers Record Revenue Year for Fiscal 2020
82% increase in global ARR fueled by strong demand from enterprises
Onfido, the global identity verification and authentication provider, today announced it has recorded unprecedented growth in 2020. Global annual recurring revenue (ARR) increased by 82% year-over-year. The company more than doubled its sales in the US, which is one of its fastest growing regions. In addition, the company added 320 new clients to its roster, fueled by an acceleration of digital transformation initiatives by enterprises worldwide.
According to Gartner, 69% of boards of directors (BoDs) accelerated their digital business initiatives in the wake of COVID-19 disruptions. This, together with a 41% increase in identity fraud, spearheaded the need for greater and more sophisticated remote security measures, in particular identity verification. ....

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Splashtop Announces $50M in New Funding, Achieving Coveted $1 Billion Valuation


Splashtop Announces $50M in New Funding, Achieving Coveted $1 Billion Valuation
Next-generation remote access provider becomes latest tech unicorn while posting notable profitability and customer satisfaction numbers
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SAN JOSE, Calif., Jan. 27, 2021 /PRNewswire/
Splashtop Inc., an emerging leader in next-generation remote access and remote support, has closed a $50 million financing round that pushes its valuation beyond the $1 billion unicorn level. Led by existing investor Sapphire Ventures, the latest round also includes participation by other long-time Splashtop investors Storm Ventures, NEA and DFJ DragonFund.
From right to left: Splashtop Co-Founders Rob, Philip, Mark, and Thomas
Our sustained profitability and growth which accelerated during the COVID-19 pandemic validate that Splashtop s next generation remote access solution is making a real difference in how, where and when people can use the digital reso ....

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