Insight Partners stories

CoLab raises USD $72 million to advance AI tools that speed design reviews and capture expert knowledge, boosting collaboration in engineering teams globally.

Showpad and Bigtincan have merged under new CEO Apratim Purakayastha to lead growth in AI-powered sales enablement across 50 countries.

Immersive hires Aniket Menon and Thanos Karpouzis to lead product and technology, enhancing its AI-driven cybersecurity platform, Immersive One.

Databricks has raised USD $1 billion, valuing the AI firm at over USD $100 billion amid rapid growth and a USD $4 billion revenue run-rate.

Vector Capital will merge AI firms Showpad and Bigtincan under the Showpad brand to create a global AI-driven revenue enablement platform by 2025.

Bigtincan and Showpad will merge under Vector Capital to target the USD $12bn AI-driven sales enablement market, operating globally under the Showpad brand.

Amperity has named Dr Grigori Melnik as Chief Product Officer to drive product innovation and growth in the customer data platform industry worldwide.

Optimizely and commercetools partner to help retailers deliver faster, personalised digital experiences by integrating content and commerce platforms for marketers.

Intel and NetApp have launched the NetApp AIPod Mini, an AI solution tailored for smaller business teams to simplify custom AI deployment and boost productivity.

Relevance AI has raised $24 million to expand its AI agent platform, enabling no-code creation of specialised AI workforces for enterprises worldwide.

CloudBolt Software appoints Rod Squires as CEO, following its acquisition of StormForge, aiming to enhance its AI/ML capabilities in cloud financial management.

CloudBolt has acquired StormForge to bolster its Kubernetes optimisation capabilities within its FinOps platform, aiming to address rising cloud costs.

Cloudsmith has secured $23 million in a Series B funding round, aiming to expand its global presence and enhance software supply chain security.

Databricks secures USD $10 billion in Series J funding, valuing the data and AI firm at USD $62 billion, as it plans major global expansions.

Alteryx has appointed Andy MacMillan as its new CEO, bringing over 20 years of tech industry experience to enhance its AI-driven analytics platform.

Tricentis has secured a $1.33 billion investment from GTCR, valuing the firm at $4.5 billion as it aims for $425 million in 2024 revenue.

ECI Software Solutions appoints Ray Wizbowski as chief marketing officer, to drive brand growth and enhance customer engagement.

Optimizely reports a major milestone, quadrupling its revenue to USD $400 million ARR in Q1 2024, showcasing its crucial role in evolving digital marketing landscapes.

Commercetools sees 65% growth in ARR, attributing success to B2B expansion including prominent partnerships with Fortune 500 companies like Volkswagen and BMW.

Aqua Security secures $60m extra funding, boosting its market value to over $1 billion, led by Evolution Equity Partners and backed by existing investors.