The Series B round was led by Insight Partners with participation from Stride.VC, Chalfen Ventures, and the SAP.iO fund.
"Uncoordinated digitisation has made business noisier. Email is broken, chats are a mess, and getting work done is hard. SEDNA’s single digital workspace makes business communication flow. Our intelligent and collaborative email stream breaks down silos so our customers work faster. We’re excited to work with Insight – a true scale partner that understands how our platform will deliver enormous value to customers in this complex world."
The Series A round was co-led by AlbionVC and Oxx to support international expansion and team growth.
"Businesses that can make full use of their data are more successful. So effective API management is becoming a core competence. The challenge for IT teams is to connect the existing data silos, plus emerging streamed data sources, and enable these to be shared in a consistent way, secured in line with best practices and easily governed. Gravitee.io offers the richest open source functionality to make that process effortless for developers and system architects. In AlbionVC and Oxx we have found partners who recognise the value that effortless API control brings to digital enterprises. With their backing, we can accelerate our mission to bring open source control of API ecosystems to the global developer community."
Maven Capital Partners led the Series A follow on round with participation from regional funds and private investors to scale operations and expand the team.
"Oak is a proven, fast growing technology business led by strong, experienced management team. The platform is globally scalable and as employee engagement is becoming increasingly recognised as pivotal in the overall success of a business, Oak continues to secure a number of impressive customer contacts. We look forward to working with Will and the team as the company scales further and continues to expand."
The seed round was led by Playdemic founders Paul Gouge and Alex Rigby alongside ACF Investors.
"Since Cavalry’s release in August 2020 we’ve been blown away with the variety and quality of work being produced by our global community. This capital will help us further accelerate Cavalry’s development and to explore new ways for us to enable animators, designers and marketers to meet the demands of an ever-expanding media landscape."
