The SaaS Weekend Report delivers the present-day industry news through its coverage of SaaS investment rounds together with other essential SaaS news. The SaaS Weekly Roundup highlights how software-as-a-service entities gain fresh investments to develop innovative cloud tools that will define the future of this sector.
Latest SaaS Weekly Roundup Funding News
Here we provide some SaaS Weekly Roundup Funding News List.
| Product Name | Category | Funding Type | Funding Amount |
|---|---|---|---|
| Gestalt Diagnostics | AI-powered digital pathology | Series A | $7.5 Million |
| LayerX Security | Browser security for enterprises | Series A Extension | $11 Million |
| Jericho Security | AI-powered employee cybersecurity training | Series A | $15 Million |
| Reducto | Data ingestion platform for AI | Series A | $24.5 Million |
| RightTouch | Enterprise SaaS (Customer support solutions) | Series A | ¥800 Million |
| Miggo Security | Application detection and response | Series A | $17 Million |
| Respondology | AI-powered comment activation platform | Series A-1 | $5 Million |
| Push Security | Browser-based identity security | Series B | $30 Million |
| Lightrun | Developer observability platform | Series B | $70 Million |
| Salsa | Embedded payroll infrastructure | Series A | $20 Million |
| Cynomi | vCISO platform for service providers | Series B | $37 Million |
| Endor Labs | Application security platform | Series B | $93 Million |
| Noxtua | Legal technology (AI-driven) | Series B | $92.2 Million |
| Tessell | Multi-cloud database-as-a-service | Series B | $60 Million |
| Chainguard | Cybersecurity (Software supply chain and cloud-native security) | Series D | $356 Million |
| Emmi AI | AI-powered simulation platform for industrial engineering | Seed Round | €15 Million |
| Bagel AI | Product intelligence platform | Seed Round | $5.5 Million |
Gestalt Diagnostics Secures $7.5M in Series A
Gestalt Diagnostics obtained $7.5 million through Series A funding to operate its AI-powered digital pathology solutions from its base in Spokane WA. This firm dedicates its operations to the implementation of artificial intelligence which optimizes medical pathology processes. Through its platform Gestalt Diagnostics enables pathologists to handle medical images and data better which enhances their diagnostic performance. The received funds will let the company enhance their technology development while reaching more healthcare institutions throughout its market sector. Gestalt strives to reshape pathology clinics through its artificial intelligence implementation which facilitates speedy and exact diagnostic abilities.
LayerX Security Raises $11M in Series A Extension
LayerX Security secured extra funding of $11 million in a New York-based Series A extension that brought their total Series A funding to $37 million. LayerX Security maintains $37 million in Series A funding through this additional investment of $11 million which will enable them to improve their technology platform. LayerX has prioritized browser security to stop web threats and data leaks through a system that allows users to operate quickly while being safe from cyber threats. LayerX aims to expand its team along with product development to drive growth of their customer base using the recent funding.
Jericho Security Secures $15M in Series A
New York-based Jericho Security obtained $15 million through Series A funding to expand its operations which specialize in AI-powered employee cybersecurity training. The business dedicates itself to fortifying corporate security by teaching workers how to detect and handle cyberattacks. The platform utilizes artificial intelligence system which creates real-world attack simulations to enable better training outcomes. The recent funding allows Jericho Security to improve their technology platforms and grow its customer network. The purpose of this effort is to evolve cybersecurity training toward a higher standard of relevance and speed while maintaining grasp of different business sizes.
Reducto Secures $24.5 Million in Series A
Reducto an ingestion platform located in San Francisco obtained $24.5 million through Series A funding which will accelerate its development. The company enables businesses to access unstructured data which then becomes more efficient when directed through AI pipelines. The platform utilizes data technology to process and position real data for AI systems to achieve better learning performance and operational output. The newly acquired funds will allow Reducto to enhance its platform capabilities and strengthen its team to gain access to additional AI-driven businesses. The company seeks to accelerate, enhance and strengthen the processing of unstructured data through its platform.
RightTouch Secures ¥800M in Series A Funding
The business operations of RightTouch serve as a support solutions provider to deliver organization-wide efficiency services for customer organizations. RightTouch operates its platform to enhance support abilities while achieving client satisfaction maximums. RightTouch aims to raise its technological potential through enhanced staffing and Japanese market development following successful acquisition of an 800 million yen Series A funding. RightTouch implements innovative solutions to transform modern digital-based telecommunications support services for customers.
Miggo Security Secures $17 Million in Series A
Miggo Security, a Tel Aviv-based company, has raised $17 million in Series A funding to boost its growth. The company offers an application detection and response platform that helps businesses quickly identify and address security threats. Miggo’s technology focuses on protecting applications in real time without disrupting performance. With the new funding, the company plans to expand its product capabilities, grow its team, and reach more global customers. Miggo is aiming to strengthen application security for modern digital businesses.
Respondology Raises $5M in Series A-1 Funding
Respondology, based in Boulder, Colorado, has secured $5 million in Series A-1 funding to support its next phase of growth. The company offers an AI-powered comment activation platform that helps brands manage and filter online comments in real time. Its solution is designed to reduce toxicity and improve engagement across social media and digital platforms. With the new funding, Respondology plans to enhance its technology and expand its customer base. The company aims to create safer, more positive online environments for brands and communities.
Push Security Secures $30 Million in Series B
Push Security, a Boston-based company, has raised $30 million in Series B funding to fuel its growth. The platform focuses on browser-based identity security, helping organizations protect user identities as they interact online. Push Security’s solution works without disrupting the user experience, making security stronger and more seamless. With the new funding, the company plans to expand its product capabilities and grow its team. Their goal is to help more businesses secure their digital environments in an easy and efficient way.
Lightrun Secures $70 Million in Series B
Lightrun, a developer observability platform based in New York, has raised $70 million in Series B funding. The funding will help the company expand its product offerings and grow its global presence. Lightrun provides developers with real-time insights into their applications as they run, allowing teams to debug and monitor production systems without causing service disruptions. With this new investment, Lightrun aims to further strengthen its technology and support even more development teams around the world.
Salsa Secures $20 Million in Series B
Salsa, a New York-based embedded payroll infrastructure provider, has raised $20 million in Series A funding, bringing its total funding to $30 million. The company focuses on offering seamless payroll solutions that integrate directly into businesses’ existing systems. Salsa’s platform simplifies payroll management by automating processes, improving efficiency, and reducing errors. With the new funding, the company plans to enhance its technology, expand its team, and grow its market presence. Salsa aims to revolutionize the payroll industry with its innovative and scalable solutions.
Cynomi Secures $37 Million in Series B
Cynomi, a Tel Aviv-based provider of vCISO (virtual Chief Information Security Officer) platforms, has raised $37 million in Series B funding. The company offers a platform designed to help service providers manage cybersecurity strategies and provide expert guidance without the need for an in-house CISO. Cynomi’s solution streamlines security management, helping businesses stay ahead of potential threats. With the new funding, Cynomi plans to expand its platform capabilities and grow its customer base. The company is focused on enhancing its services to make cybersecurity more accessible for organizations of all sizes.
Endor Labs Secures $93 Million in Series B
Endor Labs, a Palo Alto-based application security platform provider, has raised $93 million in Series B funding. The company focuses on delivering advanced security solutions to protect applications from vulnerabilities and cyber threats. Endor Labs helps businesses secure their software development processes by providing real-time threat detection and automated security features. With this new funding, the company plans to expand its product offerings, enhance its technology, and grow its team. Endor Labs aims to strengthen its position as a leader in application security for modern digital businesses.
Noxtua Secures $92.2 Million in Series B
Noxtua (formerly Xayn), a Berlin-based legal technology startup, has raised $92.2 million in Series B funding. The company focuses on providing AI-driven solutions designed to streamline legal research and enhance efficiency in the legal sector. Noxtua’s platform leverages advanced algorithms to help legal professionals access relevant information faster and more accurately. With the new funding, the company plans to further develop its technology, expand its offerings, and reach more customers in the legal industry. Noxtua aims to transform how legal research is conducted with innovative, AI-powered tools.
Tessell Secures $60 Million in Series B
Tessell, a San Ramon, CA-based startup, has raised $60 million in Series B funding to develop its multi-cloud database-as-a-service platform. The company focuses on providing businesses with a flexible and scalable solution for managing databases across multiple cloud environments. Tessell’s platform aims to simplify database management, offering greater efficiency and cost savings. With the new funding, Tessell plans to enhance its platform’s capabilities and expand its customer base. The company is positioning itself as a key player in the growing multi-cloud database management space.
Chainguard Raises $356 Million in Series D
Chainguard, a cybersecurity company based in Kirkland, WA, has raised $356 million in Series D funding, bringing its valuation to $3.5 billion. The company specializes in securing software supply chains and cloud-native environments. Chainguard’s platform focuses on providing advanced security solutions to protect modern applications and infrastructure. With this new funding, the company plans to expand its offerings, strengthen its technology, and grow its market presence. Chainguard is positioning itself as a leader in the rapidly evolving cybersecurity industry, addressing critical security needs for businesses worldwide.
Emmi AI Secures €15 Million in Seed Round
Emmi AI, a Linz, Austria-based startup, has raised €15 million in seed funding to advance its AI-powered simulation platform for industrial engineering. The platform leverages artificial intelligence to optimize processes and improve efficiency in manufacturing and other industrial sectors. Emmi AI’s technology aims to enhance decision-making and reduce operational costs by providing real-time insights and simulations. With the new funding, the company plans to expand its platform’s capabilities and grow its customer base. Emmi AI is positioning itself as a key player in the industrial AI and simulation space, helping companies optimize their operations.
Bagel AI Raises $5.5 Million in Seed Round
Bagel AI, a product intelligence platform provider based in Herzliya, Israel, has secured $5.5 million in seed funding. The company focuses on leveraging artificial intelligence to offer insights that help businesses enhance product development and decision-making. Bagel AI’s platform provides valuable data on user behavior and market trends to drive product innovation and growth. With the new funding, the company plans to scale its platform and expand its customer base. Bagel AI aims to position itself as a key solution for businesses seeking to optimize their product strategies through data-driven insights.
Read More: SaaS Weekly Roundup #12 – SaaS Funding Highlights for Capsule, viAct and More.
