Stay informed about latest developments across the Vertex network. For more information, contact: [email protected]
As part of a founder’s journey, one crucial step is for founders to grow and expand their businesses in order to stay relevant and adapt to the changing demands set by Industry 4.0 and – more recently – COVID-19. The ability of startups to expand into new markets will depend on their respective growth strategies and peer differentiation.
In the fourth instalment of our Technopreneur series, we explore how startups can utilise the right digital marketing solutions to make their brand building and product marketing more effective across multiple geographies.
Cymulate, the industry standard SaaS based Continuous Security Validation platform leveraging the MITRE ATT&CK® framework end-to-end, announced today a Series C funding round of $45M, led by One Peak, together with existing investors Susquehanna Growth Equity (SGE), Vertex Ventures Israel, Vertex Growth and Dell’s investment arm, Dell Technologies Capital. Cymulate has raised $71M to date, including a seed investment from Eyal Gruner.
The funding will be used to further accelerate Cymulate’s impressive growth as the company closed 2020 with double the revenue year-over-year and grew its staff by over 150%. Cymulate serves hundreds of customers including leading enterprises and F500 companies and most recently announced a partnership with global telecom giant NTT.
SMALL and medium enterprises (SME) financing platform Validus and technology company Siemens launched a channel partner financing programme on Tuesday for Siemens Digital Industries' ecosystem of distributors in Singapore.
This aims to provide Siemens' channel partners easy access to financing for their purchases, thereby allowing distributors to address short-term cash flow needs and capitalise on growth opportunities.
The rise of low-code platforms in recent years presents a paradigm shift that redefines how IT and business teams operate - transforming IT from being an internal service provider into an enabling function that empowers business teams to build their own technologies.
Here are the latest updates on the portfolio companies across the Vertex network.
SINGAPORE - Singapore-headquartered super app Grab's plans to go public in the United States, in what is the largest blank cheque company deal ever, is testament to the growth prospects of South-east Asia and Singapore's start-up ecosystem, analysts and industry players said.
Grab, which started out as MyTeksi to address the safety concerns of taxi commuters in Kuala Lumpur, announced on Tuesday (April 13) its agreement with Altimeter Growth, a special purpose acquisition company (Spac) backed by Altimeter Capital, which will see the combined entity valued at around US$39.6 billion (S$53.2 billion).