ISVWorld News - The Briefing: Porch Acquires More Companies, Grab Financial Group Lands $300M, And More

Berlin-based digital freight forwarding platform Senndr raised $160 million in a new funding round that sets a valuation of more than $1 billion for the 6-year-old company. Backers in the Series D funding round include Accel, Lakestar, HV Capital, Project A and Scania. Venture investors have poured $21.1 billion into e-commerce companies globally since 2016, according to Crunchbase data, and 2021 is poised to be another strong year for online shopping and startups that supply technology to e-commerce retailers. • RecVue raises $13M for order management: Monetization platform RecVue, provider of order lifecycle management tools designed to modernize the complex order-to-cash processes for enterprises, raised $13 million in a Series A round led by Cota Capital. ShotTracker captures performance data via sensors to provide statistics and analytics and will use the funds to accelerate its deployment across NCAA Division I Power 6 Basketball conferences.