strongDM, Sendcloud, Matillion, Constructor, Rewind and Pyxis One raises funds | Quolum launches a card called Quolum SaaS card

The SaaS News Roundup

strongDM, an infrastructure access platform, revealed a US$54 million increase in Series B fundraising round led by Tiger Global. Authentication, permission, networking, and observability are included in the strongDM platform itself.

The Netherlands-based startup Sendcloud stated that the Series C fundraising round of the Softbank Vision Fund 2 had raised $177M. With its long e-commerce technology suppliers, Sendcloud comprises Shopify, Magento, WooCommerce, and Amazement, with over 50 integrated distributors.

Quolum launches a card called Quolum SaaS card to purchase and manage Saas subscriptions. According to the company, software visibility, invoice aggregation, and control are some of the card's characteristics.

Matillion attained the unicorn status with a $150M Series E funding from General Atlantic at a valuation of $1.5B. The funding came on the heels of accelerated growth and Matillion’s Series D funding in 2021.

Constructor raised $55M in a Series A funding round. The funding came amid a record 23 percent revenue growth (YoY), with the annual recurring revenue having more than tripled.

Rewind raised $65M in a Series B funding round led by Insight Partners to build its new backup solutions for SaaS and hire the talent required to get the products to market.

Pyxis One raises $17M in a Series B funding round to expand into new markets and double down on its product development. The company witnessed over 550 percent growth since its inception and has a customer base spread across retail, automotive, healthcare, finance and food tech.