SaaS
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.
Blackstone, Vista buy Australia's Energy Exemplar, Riverside exits
The Blackstone Group and Vista Equity Partners have agreed to acquire Energy Exemplar, an Australia-based simulation software company, setting up a sizeable exit for The Riverside Company.
Australia's Employment Hero raises Series F at $1.3b valuation
Australian human resources start-up Employment Hero has achieved a valuation of approximately AUD 2bn (USD 1.3bn) on closing a AUD 263m Series F round led by US-based venture capital firm TCV.
Australia SaaS platform Neara upsizes Series B
Australia’s Neara, a software-as-a-service (SaaS) platform that helps power companies simulate natural disaster scenarios, has closed a USD 24m Series B round featuring Prosus Ventures.
Fund focus: Vertex emphasizes realisations
Growth rounds for cashflow positive companies have facilitated most of Vertex Ventures Southeast Asia and India’s exits – and laid the ground for its recent USD 541m fundraise
IFM backs New Zealand energy SaaS platform Tally
IFM Investors has committed approximately NZD 50m (USD 29m) to New Zealand-based energy sector software provider Tally Group alongside existing investors SilverTree Equity and Pioneer Capital.
India-US cross-border GP Pentathlon Ventures targets $55m
Pentathlon Ventures, a US-India cross-border early-stage investor focused on B2B software-as-a-service (SaaS) has launched its second fund with a target of USD 55m.
Global Brain, Globis lead $93m round for Japan's Josys
Global Brain and Globis Capital Partners have led a USD 93m Series B round for Josys, a Japan-based IT services provider specializing in helping companies manage devices.
The innovation game: China GPs play safe
China investors have abandoned their previous high-risk-high-return approach in favour of proven business models and profitability. Hotspots like autonomous driving, biotech, and SaaS are no exception
India SaaS debt collection start-up Credgenics raises $50m
Credgenics, operator of an India-focused software-as-a-service (SaaS) platform specialising in debt collection and resolution, has raised USD 50m in Series B funding at a valuation of USD 340m.
India's Together seeks $150m for second VC fund
India’s Together Fund, an early-stage VC firm focused on artificial intelligence (AI) and software-as-a-service (SaaS), has reached a first close of undisclosed size on its second fund. The target is $150m.
Lightspeed leads $20m round for India SaaS player Zluri
Lightspeed India Partners has led a USD 20m Series B round for Zluri, an India and US-based platform that helps companies manage and optimise their software-as-a-service (SaaS) ecosystems.
Australia cybersecurity training platform getes $50m Series C
Paladin Capital Group, a US-based specialist investor in cyber solutions and infrastructure, has led a USD 50m Series C for Australia-founded Secure Code Warrior, a security training platform aimed at coders.
Deal focus: Gitee aspires to be more than China's Github
FutureX Capital got onto Gitee’s shareholder register by suggesting a separation from Baidu. Now, FutureX is backing the company to leverage its status as China’s dominant open-source software player
China e-commerce SaaS player files for Hong Kong IPO
Jushuitan, which claims to be China’s largest e-commerce software-as-a-service (SaaS) enterprise resource planning (ERP) provider, has filed for a Hong Kong IPO.
Japan's LayerX lifts Series A to $59m
Japan’s LayerX, an enterprise billing and invoicing software provider, has lifted an ongoing Series A round to JPY 8.2bn (USD 59m) with support from several local VC firms.
CDH leads $52m round for China's Boss Digital
The venture-growth unit of China's CDH Investments has led a CNY 370m (USD 52m) round for Boss Digital Procurement Technology Development, a subsidiary of Shenzhen-listed Fujian Boss Software.
China's first US-listed SaaS company forced to delist
The New York Stock Exchange (NYSE) has suspended trading of China’s Cloopen and will apply to delist the software-as-a-service (SaaS) provider due to a failure to file its annual reports.
Singapore's Capillary Technologies gets $45m Series D
India-founded and Singapore-headquartered retail industry software-as-a-service (SaaS) provider Capillary Technologies has raised a USD 45m Series D round featuring India’s Avaatar Ventures.
VC investors primed for exit with China Youzan reorganisation
Hillhouse Capital and Matrix Partners China are set for liquidity events after China Youzan, an e-commerce software-as-a-service (SaaS) business listed in Hong Kong, agreed to take full control of its key subsidiary for HKD 2.6bn (USD 334.5m).
Constantinople raises Australia's largest-ever seed round
Australia’s Square Peg Capital has led a AUD 32m (USD 21.3m) seed round for local banking software provider Constantinople. It is being called the largest-ever seed investment in Australia.
