Raise Report: Zaius, Punchh, Drift Score New Funding
Every two or three weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech.
April 10: Instapage Locks Down $15 Million to Help Marketers Nail the Basics
Morgan Stanley Expansion Capital led the Series A round, TechCrunch reported. The company helps marketers shore up their landing pages to ensure that the fundamentals of the digital marketing experience are at their strongest.
April 12: Zaius Raises $30 Million to Connect Brands with Customers
Insight Venture Partners led the Series B round, Built in Boston reported. Zaius’ CRM platform helps brands track their customers and grab their attention at the right moment to secure the path to purchase. Zaius will use the funding to build out its platform and expand its network of partners and developers.
April 12: Punchh Rakes In $20 Million for Restaurant Loyalty Solution
Sapphire Ventures led the Series B round, Skift Table reported. Punchh offers restaurants a digital solution that can be deployed to retain and strengthen ties with customers. The funds will be put toward machine learning-based product development.
April 13: Sensu Scores $10 Million for Business Monitoring Solution
Battery Ventures led the round, according to Oregon Live. Sensu’s tech helps businesses keep track of all their computing across different platforms, apps, and servers. The company is hiring and will use the fresh capital to keep the hiring streak going.
April 13: PullRequest Secures $8 Million to Ensure Code Quality for Developers
Google Gradient Ventures led the Series A round, TechCrunch reported. PullRequest reviews code being pumped out in high-speed development to make sure it’s clean and efficient.
April 17: Drift Snaps Up $60 Million for Conversational Marketing Platform
Sequoia Capital led the round, VentureBeat reported. The funds will allow Drift to improve its platform, explore acquisition opportunities, and expand internationally.
April 18: Stord Snags $2.4 Million to Disrupt Product Warehousing Practices
Revolution’s Rise of the Rest Seed Fund was among the seed investors, Forbes reported. The company connects consumer product businesses with warehouse space on an on-demand basis.
Joe Zappa is Street Fight’s managing editor.
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