- AppFirst has completed a Series B round of funding with Safeguard Scientifics, totaling $8.7 million. Funding will be primarily focused on expanding sales and marketing to respond to the strong affirmation AppFirst has received from the cloud technology market. This latest investment brings AppFirst's total venture-backed funding to $15 million. As part of the agreement, Safeguard's Managing Director, Technology Philip Moyer will join AppFirst's board of directors.
- Correlsense closed $3 million in series C financing with investors including Accel Partners, Vertex Venture Capital, ProSeed Venture Capital Fund, eXeed Technology, and Technion Research & Development Foundation. This funding will enable Correlsense to expand sales and technology partner channels as well as enhance its sales and marketing teams. The company will continue to invest in adding innovative functionality to future versions of its SharePath Data Center and Real User Monitoring products.
- Knoa Software raised a $7.5 million growth round from existing investors Ascent Ventures and FA Tech, and new investors Gefinor Ventures, Advantage Capital Partners and Rand Capital. This latest round of investment will help broaden the global reach of Knoa's solutions.
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