Category Archives: Pelion Venture Partners

Led by LA-based March Capital, Astound raises $15.5 million for employee help desk automation services

Astound, a company selling automated employee help desk services, has raised a new round of $15.5 million from investors led by the Los Angeles investment firm March Capital Partners. Previous investors Vertex Ventures, Pelion Venture Partners, Moment Ventures, and the Slack Fund also participated in the funding, which brings Astound’s total capital raised to $27 million. The company’s software integrates with ServiceNow, BMC, Jira, Cherwell, and Workday, among others. For co-founder and chief product officer Dan Turchin, the company is the culmination of decades of work spent […]

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5 unicorns that will probably go public in 2019 (besides Uber and Lyft)

There’s been plenty of fanfare surrounding Uber and Lyft’s initial public offerings — slated for early 2019 — since the two companies filed confidential IPO paperwork with the U.S. Securities and Exchange Commission in early December. On top of that, public and private investors have had plenty to say about Slack and Pinterest’s rumored 2019 IPOs but those aren’t the only “unicorn” exits we should expect to witness in the year ahead. Using its proprietary company rating algorithm, data provider CB Insights ranked five billion dollar companies most likely to […]

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