The Week’s Biggest Funding Rounds: Chainguard And Supabase Top Big Week
Summary
The Los Angeles-based startup is a self-clearing brokerage for investment advisers, offering a platform for account opening, trading, reporting and billing. The Palo Alto, California-based company provides conversational AI and automation tools for businesses across social and messaging platforms. The company, which has been profitable, will use the new cash to accelerate its global expansion, invest in R&D, enhance marketing and customer support, and advance AI agent features across new and existing channels. This week its back with another $100 million convertible financing from funds managed by affiliates of Fortress Investment Group. The New York-based company has a real-time platform for detecting events, risks and critical information from public data signals, and is approaching $200 million in annual recurring revenue.