The Briefing: Genesys Closes Monster $580M Round, Everphone Raises $200M, And More

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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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Genesys closes monster $580M round

San Francisco-based call center software developer Genesys closed a $580 million round of funding led by Salesforce Ventures1 with participation from ServiceNow Ventures, Zoom Video Communications, funds and accounts managed by BlackRock, D1 Capital Partners and an unnamed U.S.-based West Coast mutual fund manager.

The round values Genesys at $21 billion.

— Chris Metinko

Everphone raises $200M

Berlin-based everphone, a B2B smartphone and tablet rental provider, raised $200 million in a funding round led by Cadence Growth Capital.

The 5-year-old company will use the money toward international expansion, increased hiring and growing its stable of devices, which currently numbers over 100,000.

Everphone pitches its service as a flexible way for corporate customers to provide mobile devices for their workforce while lowering environmental impact and requiring fewer in-house IT resources.

— Joanna Glasner

Funding rounds

Africa’s TradeDepot lands $110M: TradeDepot, a Nigeria- and U.S.-based startup that connects consumer brands to retailers and helps enable distribution, raised $110 million in a debt and equity funding round. IFC led the $42 million Series B equity funding while Arcadia Funds led the $68 million debt financing.

— Joanna Glasner

Pocket FM picks up $22.4M: Bangalore-based Pocket FM, a provider of podcasts and audiobooks, raised $22.4 million in a Series B funding round led by Lightspeed India Partners.

— Joanna Glasner

Illustration: Dom Guzman

  1. Salesforce Ventures is an investor in Crunchbase. It has no say in our editorial process. For more, head here.

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