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Data Center News > Blog > Investments > Evinced Raises $55M in Series C Funding
Investments

Evinced Raises $55M in Series C Funding

Last updated: December 12, 2024 5:34 pm
Published December 12, 2024
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Evinced, a Palo Alto, CA-based software program firm powering accessible internet and cellular growth, raised $55M in Collection C funding.

The spherical was led by Perception Companions, with participation from current traders M12 (Microsoft’s enterprise fund), BGV, Capital One Ventures, and Engineering Capital. Evinced additionally added a brand new investor, Vertex Ventures, bringing its whole funding to-date to $112M.

The corporate intends to make use of the funds to speed up its mission by strategic investments in 4 key areas:

  • Increasing the European presence and buyer base
  • Rising its world gross sales and buyer success groups
  • Enhancing R&D capabilities in generative AI options
  • Growing new services to satisfy evolving market wants.

Led by CEO Navin Thadani, Evinced offers software program for integrating accessibility into internet and cellular growth at accessibility-committed corporations. Its suite of instruments allow builders and accessibility professionals to routinely discover, cluster, and observe accessibility points, scale back reliance on guide processes, decrease threat, and pace up their time to market.

FinSMEs

12/12/2024

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See also  Be Fulfilled Raises Growth Funding from Decathlon Capital Partners
TAGGED: 55M, Evinced, Funding, Raises, Series
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