Hootsuite acquires Sparkcentral and more updates from Crunchbase

Hootsuite acquires Sparkcentral

Social media management software provider Hootsuite, the provider of software for managing social media accounts, announced it has acquired Sparkcentral, a customer engagement tool for social media, for an undisclosed sum. Founded in 2011, Sparkcentral previously raised over $37 million in known funding.

Glia closes on $78M for customer service

Glia, a provider of tools for managing a company’s digital customer service, has closed on $78 million in a Series C round led by Insight Partners. The New York- and Estonia-based company said it pursued growth financing after experiencing more than 150 percent growth in 2020.

Poshmark sets IPO price range

Poshmark, the online platform for buying and selling clothes and accessories, is seeking to raise up to $257 million in an initial public offering, according to a new securities filing. The Redwood City, California-based company, which is profitable, plans to list on Nasdaq under the ticker symbol POSH.

Uplift secures $68M credit line to finance travel

Uplift, a provider of flexible payment plans for travel purchases, has secured a new $68 million credit line from Atalaya Capital Management. The financing comes as the Silicon Valley company looks for travel to pick up in the new year.

Kanarys raises $3M for workplace diversity platform

Dallas-based Kanarys, a startup developing a technology platform for companies to measure and change their diversity, equity and inclusion efforts, has raised $3 million in a seed round led by Zeal Capital Partners.

Israel’s VC industry needs more women

It’s estimated that women account for only about 8 percent of investors in Israel’s venture ecosystem, and female-founded funds remain rare. One issue, a local VC contends, is that while many women hold operational roles in venture, the majority of these positions are not partner level.

Udaan bags $280M for B2B commerce

India’s Udaan, operator of an online business-to-business marketplace, has raised $280 million in an extension of its Series D round from backers including Octahedron CapitalMoonstone Capital and Lightspeed Venture Partners.

Quantum Metric lands $200M, joins unicorn club

Quantum Metric, developer of a continuous design platform for digital products, snagged $200 million in a Series B round. Insight Partners led the financing, which sets a valuation of more than $1 billion for the Colorado Springs-based company.

Keep up with the Crunchbase News Briefing

To keep up on breaking news throughout the day, check out the Crunchbase News Briefing. This continuously updated daily feature on our main news site has summaries of notable funding announcements, IPOs, M&A, and other happenings in the startup world.

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