Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.
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Madrid’s Jobandtalent Picks up $575M
Madrid-based Jobandtalent, an online staffing platform focused on gig-type jobs, announced it raised $500 million in Series E equity funding along with $75 million in debt financing.
Kinnevik and SoftBank Vision Fund 2 led the equity financing, while BlackRock provided the debt. The round sets a valuation of $2.35 billion for the 12-year-old company. Jobandtalent said it plans to use the funds to expand in several markets, including the United States.
— Joanna Glasner
CyCognito closes $100M Series C
Palo Alto, California-based cybersecurity company CyCognito raised a $100 million Series C funding round led by The Westly Group. New investors Thomvest Ventures and The Heritage Group participated in the round, as well as previous investors Accel, Lightspeed Venture Partners, Sorenson Ventures and UpWest.
The company’s platform helps companies manage their external attack surface—something that has become more needed as remote work has expanded the area where attacks can occur.
Founded in 2017, the company has raised $153 million to date.
— Chris Metinko
Harrison.ai lands $92M
Sydney-based harrison.ai, a developer of artificial intelligence tools that support clinical diagnosis in a range of medical areas, announced that it raised AU$129 million ($92 million) in Series B funding led by Horizons Ventures.
— Joanna Glasner
M&A
NetBase buys Rival IQ: Santa Clara, California-based consumer and market intelligence firm NetBase Quid has acquired Seattle-based Rival IQ, a social media analytics provider. The deal will allow NetBase Quid to expand its suite of social media analytics and competitive benchmarking offerings. Terms of the deal were not announced.
— Chris Metinko
Funding rounds
Harrison.ai lands $92: Sydney-based harrison.ai, a developer of artificial intelligence tools that support clinical diagnosis in a range of medical areas, announced that it raised AU$129 million ($92 million) in Series B funding led by Horizons Ventures.
— Joanna Glasner
Klue raises $62M: Vancouver-based Klue, provider of a competitive intelligence platform for enterprises, announced a raise of $62 million in Series B financing, led by Tiger Global. The company said it has tripled its customer base since its Series A round in 2020.
— Joanna Glasner
Illustration: Dom Guzman
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