The funding round was led by research-led firm MMC Ventures to support expansion in the US and Europe.
"Snowplow was founded with the aim of freeing data teams from the constraints imposed by traditional analytics vendors. Every industry now has its ‘Amazon’, ‘AirBnB’ or ‘Uber’: a determined tech or product-led disruptor that is using data to drive insights. In this new world, there’s an increased demand for organisations to become much more data-informed. Snowplow helps data teams build that strategic foundation for their customer data."
"We have raised over £1.1m from almost 1,900 investors, making us the biggest crowdfunded business with the most amount of investors, ever. Having 1,900 members in our swine dining club will enable us to catapult our three year plan to take the business to over £20m turnover building on more new lines in the supermarkets and in the trade. The team and I are completely overwhelmed by the success of the campaign and motivations across the business are extremely high. Very exciting times ahead!"
The e-commerce platform secured backing from GMCA, DSW Angels, and management to accelerate global growth.
"Shopblocks offers much greater flexibility than other platforms which rely on standard templates. Our technology allows users to achieve a 'custom-built' look at a fraction of the cost. As more people discover the benefits, we are continuing to win customers from the bigger platforms. This latest funding round will support us in our mission to become the leading website platform in the UK and build our presence worldwide."
The Belfast based software firm raised the seed capital from Frontline Ventures, MMC Ventures, and Techstart Ventures.
"We believe that the concept of provenance will play a defining role in the future of software security and quality. All companies need end-to-end visibility and control of the assets in their software pipelines. It’s important to have the support of Frontline and MMC as we enter this critical stage in Cloudsmith’s growth,"
Index Ventures led the Series A financing, which will support Cutover in scaling its sales organisation and enhancing product capabilities.
"This new category of work orchestration and observability helps turn complex sets of human and machine activities into well-orchestrated, repeatable flows of activity, enabling teams to go faster while causing less customer-facing incidents,"