Infrastructure & Enterprise Software

Infrastructure & Enterprise Software

Retirement software builder Ascensus acquires Beneco for undisclosed amount

Ascensus, which provides retirement savings technology, has acquired Beneco for an undisclosed amount.

YES BANK partners with Microsoft to strengthen its AI-powered chatbot

Mumbai-based YES BANK has tapped Microsoft to develop its new AI-enabled chatbot name YES ROBOT.

AvidXchange nabs $18m for invoice management service

Accounts payable and invoice management service AvidXchange has raised $18m in a new round of funding. The strategic investment was led by Fifth Third Capital.

Austin’s Iconixx lands $4.2m for compensation software

Incentive compensation software-maker Iconixx has landed $4.2m in a new round of funding. Existing backers Ballast Point Ventures, Harbert Growth Partners, S3 Ventures and the firm’s own management team led the round.

MGT Capital closes $4.2m investment from UAHC Ventures

North Carolina-based MGT Capital Investments has closed a $2.4m funding round from UAHC Ventures.

SecurityScorecard nets $27.5m in Series C led by Nokia Growth Partners

Risk and compliance solution SecurityScorecard has netted $27.5m in its Series C funding round led by Nokia Growth Partners.

Warburg Pincus increases stake in Avaloq

Buyout firm Warburg Pincus has increased its stake in Swiss FinTech company Avaloq.

MobileXpense receives €20m funding from Fortino

Travel and expense management application MobileXpense has received a €20m funding round from Fortino, which marks the first investment of its newest fund.

Allure raises $5.3m for data loss detection, response solution

Allure Security, a US startup focusing on data loss detection and response, has raked in $5.3m in seed funding.

Blackfin to sell stake in Finanzen to Eli Global

Blackfin Capital Partners have agreed to sell online marketplace for customer leads Finanzen to Eli Global.

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