FusionOps, a cloud applications provider for supply chain analytics, has raised $12 million in Series B financing, led by New Enterprise Associates (NEA). The company will use the funds for global expansion. “The Fortune 1000 are innovating faster than ever, placing a greater emphasis on global supply chains to keep up with the rapidly evolving needs of customers,” said Gary Meyers, president and CEO of FusionOps. “This investment allows us to expand our customer base across multiple verticals, invest in technology development, and to further scale our company to meet demand for our product around the world.” FusionOps has now raised $19 million since it was founded.
HONK, a roadside assistance app, has raised $12 million in Series A funding, four months after its launch. Altpoint Ventures led the round, which brings the company’s total funding to $13.8 million. The app connects broken down motorists to tow trucks and other assistance. “HONK is a safe, transparent and simple to use solution that leverages technology to help stranded motorists get back on the road in a fast, reliable and affordable way,” said Corey Brundage, CEO and founder of HONK in a press release. “HONK users experience the same peace of mind previously only available through auto club memberships, without the membership fees.”
Ecommerce technology provider Amplience has closed a $10.5 million Series B round of funding, led by Octupus Investments. Northstar Ventures and Silicon Valley Bank have also participated in the investment round. “Amplience’s goal is to make it easier for retailers to connect with their customers across all the channels through which today’s consumers interact with a brand,” said James Brooke, Amplience’s CEO said in a press release. “This investment provides us with the capital to continue the development of our Big Content platform, which gives retailers all the tools required to achieve this goal, and to accelerate our expansion in the North American market and beyond.”
Dream Payments, a mobile payment platform, has raised CAD$6 million ($4.7 million) in funding from investors such as Blue Sky Capital, Real Ventures and Rouge River Capital. “Merchants and merchant acquirers of all sizes need affordable, secure, and EMV mobile point of sale terminals and payment processing services,” said Brent Ho-Young, CEO of Dream Payments. “Dream is transforming commerce and the payment process for merchants through mobility. This funding is providing a foundation for us to launch the business and roll out our solutions to merchants across North America.”
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