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Search resuls for: "Microsoft's Venture Fund"


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June 29 (Reuters) - Typeface, a generative AI platform for enterprise content creation, said on Thursday that it was valued at $1 billion after an oversubscribed Series B funding round led by Salesforce's (CRM.N) global investment arm, bringing the total capital raised to $165 million. The $100 million round also saw participation from Lightspeed Venture Partners, Madrona, GV (Google Ventures), Menlo Ventures, and M12, Microsoft's Venture Fund, the company said. In February, Lightspeed Venture Partners, GV, Menlo Ventures, and M12 invested $65 million when Typeface emerged from stealth and launched publicly. AI startups have emerged as a bright spot for investments this year amid a wider slowdown in funding caused by rising interest rates and high inflation. Editing by Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.
Persons: Salesforce's, Gokul, Krystal Hu, Gerry Doyle Organizations: Lightspeed Venture Partners, GV, Google Ventures, Menlo Ventures, Microsoft's Venture Fund, Google, Thomson Locations: Bengaluru, Toronto
Ecosystem management tool Workspan has raised a $30 million Series C round. Workspan's tools help companies like Microsoft and Amazon Web Services co-sell with partners. It was there that he came up with the idea for what would become his next company, WorkSpan. Workspan was able to gain momentum quickly because of how necessary its tool is to large technology companies, Bawa said. Workspan has raised a total of $66 million in funding from investors like Insight Partners, Mayfield Fund, M12, and Redline Capital Management.
Davis Wright Tremaine is training women founders and creating networking opportunities. The law firm's programs "sought to provide us with a holistic overview of the social impacts of careers in tech, and the practical considerations that were important for success," she said. The law firm's programs linked founders to investors, helping to forge valuable connections for when her company strategizes for growth, Hosey said. The initiative was launched by Lynn Loacker, a partner at the firm and a longtime mergers-and-acquisitions attorney who now works full time on the firm's programs for women entrepreneurs. Helen Adeosun, the CEO of the home-care-training platform CareAcademy, participated in the firm's Women in Entrepreneurship Bootcamp and closed a $9.5 million series A round in 2020.
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