ForgeRock raises $88 million in Series D round for further growth

Digital identity management firm ForgeRock has raised $88 million in a Series D round led by Accel with participation from KKR. First founded in Norway and now based in San Francisco, ForgeRock will invest the new funds in further development of the ForgeRock Identity Platform and plans to grow from 400 employees to 500 by […]

Callsign raises $35 million to make online authentication better

Callsign, a London-based authentication company, has announced a $35 million Series A round led by Accel and PTB Ventures with participation from Allegis Capital and former McAfee CEO David DeWalt. The company, founded in 2012, has built an AI-based authentication platform, Intelligence Driven Authentication (IDA), to protect against the use of stolen credentials in hacks […]

French payroll tech startup PayFit raises €14 million in Series B round

HR and fintech startup PayFit has raised €14 million. The Series B round was led by Accel with participation from previous investors Xavier Niel and Otium Venture. The French startup develops HR, payroll, and expense management tools for SMBs on a SaaS model. The new funds will be invested in further developing its services with […]

KRY raises €20 million for its online doctor consultation platform

Digital health startup KRY has raised €20 million in its Series A round led by Accel. Previous investors Index Ventures, Creandum, and Project A also participated. The Swedish company provides video-based doctor consultations for patients via an app. It will invest the money into reaching new markets; it’s currently available in Sweden, Norway, and Spain. […]

Expense management app Soldo raises $11 million in Series A

Fintech startup Soldo has raised $11 million in a round led by Accel. Connect Ventures, InReach Ventures, U-Start, and R204 Partners also participated. Soldo has launched cloud-based spend management services for both families and businesses. For the latter, the service is based on Mastercard’s network with Soldo’s own software providing expense and spend tracking and […]

French SaaS company Algolia raises $53 million led by Accel

French-founded web search infrastructure firm Algolia has raised $53 million in a Series B round led by Accel. New investors that participated in the round include SaaStr, Intercom CSO Des Traynor, InVision CEO Clark Valberg, and AppDynamics chairman Jyoti Bansal alongside existing investors Alven Capital, Point Nine Capital, and Storm Ventures. Algolia provides tools on […]

UiPath raises $30 million for its robotic automation process software

UiPath, a Romanian-founded automation software firm, has announced a $30 million Series A round led by Accel. Earlybird Venture Capital, Credo Ventures, and Seedcamp also participated in the round. UiPath, which is now based in the US, is a robotic process automation (RPA) software company and develops intelligent software robots; Lufthansa and Telenor are among […]