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A Round-Up of Last Week's Exciting Funding Rounds

As always in Tech there is a lot to celebrate! Here is Resst’s overview of some exciting funding rounds that took place last week!

Hypersonix – $35M in Series B

In their own words: Hypersonix is designed to help enterprises drive profitable revenue growth by providing a system of actionable intelligence. Hypersonix acts as the enterprise nervous system that connects to various core systems of business and brings together first party and 3rd party data into a unified business and data layer, delivering advanced observability, and predictability, with suggested actions.

HQ Location: San Jose

Founded in: 2018

Founded by: Prem Kiran (CEO), Rama Rao (Head of Product & Data), and Gina Becchetti (Head of Operations & Finance)

Noname Security - $60M in Series B

In their own words: Noname Security protects APIs in real-time and detects vulnerabilities and misconfigurations before they are exploited. The Noname API Security Platform is an out-of-band solution that doesn’t require agents or network modifications, and offers deeper visibility and security than API gateways, load balancers, and WAFs.

HQ Location: Palo Alto

Founded in: 2020

Founded by: Oz Golan (CEO) and Shay Levi (CTO)

Trainual - $27M in series B

In their own words: Trainual is the training manual for modern businesses. It's a simple and intuitive training and process management tool that makes it easy for growing teams to get everyone up to speed and on the same page, fast. The app was built to help business owners, team leaders, hiring and training managers centralize knowledge, organize processes and SOPs, automate training, and create learning systems for building more scalable or sellable businesses.

HQ Location: Scottsdale, Arizona

Founded in: 2014

Founded by: Chris Ronzio (CEO) and Jonathan Ronzio (CMO)

AID:Tech - $3.5M in series A

In their own words: Utilising innovative technologies, including decentralised digital identity and blockchain, AID:Tech has developed and deployed proven solutions for governments, corporates and NGOs. Blockchain becomes the key to securely and transparently capturing data. And, AID:Tech’s proprietary technology enables advances in the management and dissemination of data. In time, artificial intelligence and machine learning will play key roles in making data available in ways that benefit and empower organisations and users.

HQ Location: Dublin

Founded in: 2014

Founded by: Joseph Thompson (CEO) and Niall Dennehy (COO)

Loconav - $37M in series B

In their own words: We are bringing together the power of our proprietary technology and wide reach to change the world's vehicle landscape, starting with India. Vehicle owners, businesses, and transporters across the world are forced to run vehicles with extreme inefficiency and poor security. We're determined to change that. Leveraging intelligent analytics and IoT, LocoNav is ensuring that every vehicle stakeholder benefits with lower running costs, greater security, and faster turnarounds.

HQ Location: San Francisco

Founded in: 2015

Founded by: Vidit Jain and Sridhar Gupta

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