Eurazeo is a French investment firm that backed Kota in its Series A round.
Eurazeo led the Series A round to fund international expansion and infrastructure upgrades.
"We're delighted to conclude this Series A led by Eurazeo which will strengthen our technical infrastructure in response to the scale of exponential growth that we are experiencing."
Eurazeo led the Series B round to support international growth and product development.
"Rapid, strategic innovation has enabled us to grow quickly and effectively. As a platform purpose-built for the cloud, we are providing the solutions needed so that security teams can drastically speed up incident response in the cloud,"
The funding round was co-led by AlbionVC and Eurazeo alongside Triple Point Ventures and angel backers.
"Our platform dramatically increases the accuracy of revenue forecasting in a fraction of time it would take in spreadsheets"
Temasek led the Series D round, which values the cloud banking technology firm at $2.7bn.
"We are investing c.£40m into Thought Machine, a fintech innovator and partner we consider strategic to the industrial upgrade of Intesa Sanpaolo. Their cloud-based technology is fundamental to our transformation from incumbent to digital challenger, improving our core banking technology and providing the foundation for our new digital bank, Isybank."
The seed round was co-led by Eurazeo and Stride with backing from institutional and angel investors.
"Previously, businesses had to hire credit control specialists or give extra tasks to existing members of their team to manually monitor the payment dynamics of customers. An employee had to identify late payers, then prioritize, contact and follow up with individual clients to ensure late payments were received. This was not only time-consuming but also stressful for business owners and often prone to errors,"
