The Series B round was led by ICONIQ Growth with participation from Accel, Balderton Capital, Seedcamp, Speedinvest, and RTP Global.
"Over the past two decades, the pace of new payment solutions entering the market has been accelerating dramatically to support global consumer demand for trends like mobile payments, digital wallets, 1-click checkout, buy now pay later, and so on. However, no one payment solution is close to accommodating all the changes and innovations that merchants need to keep up. So, for merchants’ payment and engineering teams, this dynamic forces immense technical complexity in tying together multiple payment methods, gateways, fraud detection, and more."
March Capital led the Series C round, which values the enterprise security firm at $500m and brings total funding to over $120m.
"The security of our operations and data is paramount to the success of Arm, and we’re committed to empowering our people to make sound security decisions while doing their jobs effectively. The concept of human layer security is becoming a critical part of doing business today. Tessian enables us to reduce risk across the organization by providing valuable tools and knowledge to not only stop threats like advanced phishing attacks and accidental data loss, but also continually improve the security behaviors of our teams as the threat landscape evolves."
The financing round was led by Eight Roads Ventures to support product development and international growth.
"We want to bridge the divide between big brand products that focus on affordability and efficacy, and smaller eco-friendly brands that are more expensive and less effective"
The Series B round was led by EQT Ventures with backing from several existing investors and angels.
"We’re building Cleo to become the financial advisor that a billion people need. One that talks to you like a real person, able to build trust and relationships like a bank never could,"
