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Enterprise Security Returns To Top Of B2B Investment Mountain

PYMNTS

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

Security 189
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HighRadius Hires 20-Year Finance Vet Scott Buxton As CFO

PYMNTS

Buxton previously worked for cloud application monitoring platform Datadog as VP of finance, where he led the company to a $9 billion valuation and a current market capitalization of upwards of $25 billion, with the number of employees growing from 100 to 2,000 during his tenure, the release says.

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Investors Tap Into The Promise Of High-Tech Data Analytics In The Enterprise

PYMNTS

It was a busy time for B2B venture capital this week, and while funding ranged across verticals from expense management to SaaS, there was a clear theme in investment rounds: high-tech data analytics. The company said it will use the backing to focus on its go-to-market strategy and expand existing leadership. Talent Management.

Analytics 189
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B2B Startups Welcome Another Unicorn With TripActions Funding

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The company plans to open its first international office following the investment, which was led by Dawn Capital, said reports in CBR Online. Its tool, Agile Insights, can be used for a range of use cases, the firm explained, including demand-planning for eCommerce companies or marketing strategies for consumer product firms.

Software 158
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VCs Back Autobooks For SMB Banking

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The new funding also saw participation from CU Solutions Group, Baird Capital, Detroit Venture Partners and Invest Michigan, the company said, adding that the round follows its self-funded $2 million in seed financing. “We The company did not indicate when these pilot programs would advance into more large-scale launches.

Detroit 122
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Why The Goldman-Amazon Bet On SMB Lending Is No Sure Thing

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Smaller firms, which have to juggle lumpy cash flow, may use credit as a way to keep operations, well, operating, as they may see payment terms stretched by customers (especially if they operate across lengthy supply chains). It’s not a one-off process, either.

Lending 146
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COVID-19 Has Devastated SMBs, But It Might Make Their Insurance Policies Better

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For Next Insurance , the impact was “devastating” for many, according to the firm’s Chief Operating Officer Sofya Pogreb. With more investment comes more innovation, which will be imperative for the sector to adjust its market strategies to fit the new normal of today.

Policies 229