Tech news roundup: ServiceChannel raises $54M, Gett acquires Juno and more

Written by Taylor Majewski
Published on May. 04, 2017
Tech news roundup: ServiceChannel raises $54M, Gett acquires Juno and more

Martech company Zeta Global raises $140 million

This week, Zeta Global raised $140 million in a large late-stage equity and debt funding round, priming the company for an initial public offering or acquisition. The Series F funding includes $115 million in equity and $25 million in debt financing from asset capital firm GPI Capital, as well as funds sponsored by Franklin Square Capital Partners and sub-advised by GSO Capital Partners LP, the credit division of Blackstone. [Forbes]

 

Gett acquires Juno for $200M to take on ride-sharing giants

This week, Gett, the on-demand car service that provides riders with flat rates that never surge, acquired Juno, a rival service in New York. The price of the deal was $200 million. [Built In NYC]

 

Convene raises $68M Series C

This week, the company announced that it has raised a $68 million Series C. The round was led by Convene’s existing investors — ArrowMark Partners, Brookfield Property Partners and Conversion Venture Capital — and brings the company’s total funding to $119 million. [Built In NYC]

 

ServiceChannel raises $54M

ServiceChannel, a leading SaaS platform and vertical marketplace for facilities management, announced it raised a $54 million round on Tuesday. The financing was led by Accel and will be used to help the company accelerate the transformation of an $85 billion facilities and contractor management market to a more modern, data-driven and automated approach. [PE Hub]

 

With $3M in funding, Morty is launching a marketplace of mortgage lenders

This week, Morty, a startup that provides a mortgage marketplace, raised a $3 million round. Through its platform, the company allows users to create a profile with their financial information, see what options might be available to them and close on a mortgage. The round was led by Thrive Capital, with participation from SV Angel, Techstars, FJ Labs, Corigin Ventures, MetaProp and a number of angel investors. [TechCrunch]

 

VentureApp Maps New York City’s Tech Ecosystem

This week, VentureApp, a professional chat platform, announced VentureMap New York City, an interactive network visualization of the city’s tech ecosystem. The map displays 3,043 investments into tech startups by angel investors, venture capitalists, incubators and accelerators. [Press Release]

 

RapidSOS closes $14M Series A

RapidSOS, an emergency tech startup, closed a $14 million Series A funding this week. The round was led by Highland Capital Partners with participation from A3 Ventures, The Westly Group, Two Sigma Ventures, Motorola Solutions Venture Capital and Responder Ventures. [Finsmes]

 

Sisense launches accelerator program for startups

This week, business analytics leader Sisense announced that it will be launching ‘Sisense Startup.’ The program will offer qualifying early-stage startups complimentary licensing of Sisense’s market-leading analytics technology to embed in their application or solution. [Press Release]

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