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Sentry Raises $60M in Series D Funding; at $1 Billion Valuation

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Sentry Raises $60M in Series D Funding; at $1 Billion Valuation

Sentry, a firm that monitors applications and is situated in San Francisco, CA, has raised $60m in Series D funding.

The round, which increased funding to $127 million and valued the company at $1 billion after funding, was headed by Accel and included current investor New Enterprise Associates (NEA) and new investor BOND.

The company plans to utilise the cash to expand Performance Monitoring capabilities across all platforms, enabling product innovation in its core Application Monitoring platform, and speed up hiring throughout the company’s San Francisco, Toronto, and Vienna offices.

Sentry, led by CEO Milin Desai, offers performance monitoring tools that complement systems monitoring tools by enabling developers to identify, classify, and priorities code mistakes and performance bottlenecks in real time. This enables them to create the greatest end-user experiences possible.

It is utilized by more than 68,000 businesses globally, including many of the greatest software companies in sectors with a strong digital focus, including computing, gaming and streaming media, financial services, business, and healthcare. Numerous well-known international companies, like Disney, Peloton, Cloudflare, Eventbrite, Slack, Supercell, and Rockstar Games, are among Sentry’s clients.

The business will expand on the value offered by its comprehensive suite of application monitoring solutions for all developers as it scales its performance monitoring solutions across native, mobile, and web-based platforms to embrace more languages and frameworks.

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Fundraising

Built Technologies Raises $125M in Series D Funding; Valued At $1.5 Billion

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Built Technologies Raises $125M in Series D Funding; Valued At $1.5 Billion

Built Technologies, a construction finance platform based in Nashville, Tennessee, raised $125M in a Series D funding round, valuing the company at $1.5 billion.

TCV led the investment, and Brookfield Technology Partners, 9Yards Capital, XYZ Venture Capital, and HighSage Ventures also invested. In addition to other individual investors, they joined existing investors such as Lee Fixel’s Addition, Index Ventures, Canapi Ventures, GreenPoint Partners, Nine Four Ventures, Fifth Wall, Goldman Sachs, and Nyca Partners.

The money will be used by the business to expand internationally, enhance its team, and expedite the supply of new goods to contractors, home builders, and real estate developers.

Built, led by CEO Chase Gilbert, connects commercial and consumer construction lenders, real estate developers, commercial general contractors, residential homebuilders, specialty contractors, title companies, and other key industry vendors through cloud-based construction finance technology, enhancing the flow of capital through the construction ecosystem.

Built allows lenders to invest money in residential and commercial construction projects while integrating with their existing core systems. Built is actively creating new solutions for business and residential owners, developers, and construction industry experts, including compliance tracking, AP/AR automation tools, payment administration, and insurance services.

Over 200,000 business, homebuilder, land development, and consumer residential projects totaling over $135 billion in construction value have been funded via the platform since its introduction in 2015.

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Fundraising

Dovetail Raises $63M in Series A Funding

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Dovetail Raises $63M in Series A Funding

Dovetail, a customer research platform provider with offices in San Francisco, California, and Sydney, Australia, raised $63 million in Series A funding at a post-money valuation of over $700 million USD.

Accel was the lead investor in the round, which saw participation from Blackbird, Felicis Ventures, Grok Ventures, Didier Elzinga, the CEO of Culture Amp, Stewart Butterfield, the CEO of Slack, Vlad Magdalin, the CEO of Webflow, and Daniel Yanisse. The total funding now stands at $71 million USD (CEO of Checkr).

The monies will be used by the business to continue expanding operations and development initiatives.

Dovetail, a customer research platform, is used by 2,600+ clients, including Affirm, Arm, Atlassian, Canva, Deloitte, PwC, Porsche, Shopify, Starbucks, and Workday. These clients use the system’s data analysis, insight reporting, and search capabilities to support everything from product development to digital transformation. The business, which invented the research repository market, brings teams together to glean customer insights from information including user interview recordings and satisfaction survey results. With quick access to pertinent customer data, the platform enables teams to work together on customer research and make choices more quickly.

Dovetail employs more than 65 people in its offices in San Francisco and Sydney.

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Fundraising

Perception Point Raises $28M in Series B Funding

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Perception Point Raises $28M in Series B Funding

A Tel Aviv, Israel-based business called Perception Point that provides quick interception of content-based attacks as a service won $28 million in Series B funding, bringing the company’s total capital to $48 million.

Pitango Venture Capital, State of Mind Ventures, NGP Capital, and other previous investors participated in the round, which was led by Red Dot Capital Partners (SOMV). The company’s board of directors will welcome Bo Ilsoe from NGP Capital, Yoram Oron and Atad Peled from Red Dot Capital Partners, and Atad Peled.

The cash will be used by the business to expand into new areas, quicken product innovation, and expand the staff to meet client demand.

Perception Point, a Prevention-as-a-Service business led by CEO Yoram Salinger, provides quick interception of any content-based assault across all communication channels, including email, cloud storage, CRM applications, and chat platforms. Before it reaches enterprise users, the company stops phishing, BEC, spam, malware, Zero-days, and N-days.

Users from a variety of industries, including telecom, technology, retail, food and beverage, healthcare, financial services, and more, make up the company’s customer base.

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