Wednesday, February 1, 2023

SirionLabs boosts Series D to $110m with funding from Brookfield Growth

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SirionLabs, the global AI-powered contract lifecycle management (CLM), announced that its Series D funding has reached $110 million as a result of an investment by Brookfield Growth. The previously announced round was led by Partners Group with participation from existing investors Sequoia India and Tiger Global. The fresh capital will enable the firm to expand its leadership position in the rapidly growing enterprise contract lifecycle management market.

CFAW appoints Oliver Drews Vice Chairman Large Cap International

Corporate Finance Associates Worldwide (CFAW), a global investment bank, announced that Oliver Drews has been named Vice Chairman Large Cap International and as a member of the Executive Committee of CFAW. Oliver will focus on buy-side M&A strategies for large corporations expanding into North America.

Backlight announces company launch and five media tech acquisitions

Backlight, a media tech company, announced its launch and the acquisitions of five innovative and fast-growing media software businesses: ftrack, iconik, Celtx, Wildmoka, and Zype. Backed by a $200m+ investment led by PSG, a leading growth equity firm partnering with middle-market software and technology-enabled services companies to help accelerate their growth, Backlight’s mission is to serve media, entertainment, and video-forward clients with cloud-based solutions that dramatically improve every step of the media content lifecycle.

Data security firm built on power of authorization reveals $110m funding

Veza, a data security platform built on the power of authorization, announced it is emerging from stealth. Veza, founded in 2020, announced funding of over $110m from top VCs. The venture firms included; Accel, Bain Capital, Ballistic Ventures, GV, Norwest Venture Partners, and True Ventures, as well as angel investments including Kevin Mandia, Founder and CEO, Mandiant; Enrique Salem, former CEO, Symantec and Partner, Bain Capital; Lane Bess, former CEO, Palo Alto Networks; Manoj Apte, former CSO, ZScaler; Joe Montana, Liquid2 Ventures; and, security leaders Niels Provos, Karthik Rangarajan, and many more.

Forescout’s CyberMDX wins 2022 Fortress Cyber Security Award

The Business Intelligence Group announced that CyberMDX, a Forescout firm, has won the 2022 Fortress Cyber Security Awards in the Leadership category. The industry awards program sought to identify and reward the world’s leading companies and products that are working to keep our data and electronic assets safe among a growing threat from hackers.

Itron, Inc. lines up industry leaders for second annual Itron Inspire APAC

Itron, Inc., which is innovating how utilities and cities manage energy and water, announced that its annual event, Itron Inspire APAC 2022, will take place virtually July 26-27, 2022. The customer-focused event will feature a lineup of sessions facilitated by industry leaders highlighting trends, use cases, customer and consumer experiences, benefits realized etc.

Industry expert Cristina Bondolowski joins MSCI as Chief Marketing Officer

MSCI Inc., a provider of decision support tools and services for the investment community, announced that Cristina Bondolowski has joined the firm as Chief Marketing Officer and as a member of MSCI’s Executive Committee. Bondolowski will be responsible for the strategic development and execution of MSCI’s global marketing and communications programs in support of the firm’s global growth initiatives and client focus areas, like ESG and climate.

Xpansiv to acquire energy markets brokerage firm Evolution Markets

Xpansiv, the market-infrastructure platform for environmental commodities, announced an agreement to acquire Evolution Markets, a top brokerage firm in carbon, renewable, and energy markets. The combined entity will benefit from Evolution Markets’ base of over 2,000 clients, including the largest energy firms, corporations, utilities, and financial institutions.

Call for entries issued for 17th Stevie Awards for Sales & Customer Service

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The Stevie® Awards, organizer of the world’s premier business awards programs, has issued a call for entries for the 2023 (17th annual) Stevie Awards for Sales & Customer Service. Entry kits and complete details about the competition are available at the following website. Eligible nominees for the Stevie® Awards include departments, teams, and professionals from around the globe working in customer service, contact centers, business development, and sales. New products and services and solution providers used by those professionals are also eligible. The 2023 awards edition will recognize achievements since July 1, 2020.

Michelle Bonfilio named Chief People Officer by Animal health firm Covetrus

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Covetrus®, a global organisation in animal-health technology and services, announced the appointment of Michelle Bonfilio as Chief People Officer, reporting to Ben Wolin, President and Chief Executive Officer at Covetrus. In this role, Michelle Bonfilio will oversee the human resources and communications organizations and help shape the culture of the company.