• Mercato raises $26M Series A to help smaller grocers compete online

    14 days ago - By TechCrunch

    The pandemic upended the way people shop for their everyday needs, including groceries. Online grocery sales in the U.S. are expected to reach 21.5% of the total grocery sales by 2025, after leaping from 3.4% pre-pandemic to 10.2% as of 2020. One business riding this wave is Mercato , an online grocery platform that helps smaller grocers and speciality food stores get online quickly. After helping grow its merchant sales by 1,300% in 2020, Mercato has now closed on $26 million in Series A funding, the company tells TechCrunch.
    The round was led by Velvet Sea Ventures with participation...
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  • Tines raises $26M Series B for its no-code security automation platform

    Tines raises $26M Series B for its no-code security automation platform

    14 days ago - By TechCrunch

    Tines , a no-code automation platform co-founded by two senior cybersecurity operators, today announced that it has raised a $26 million Series B funding round led by Addition. Existing investors Accel and Blossom Capital participated in this round, which also includes strategic investments from CrowdStrike and Silicon Valley CISO Investments. After this round, which brings the total funding in the company to $41.1 million, Tines is now valued at $300 million.
    Given that Tines co-founders Eoin Hinchy and Thomas Kinsella were both in senior security roles at DocuSign before they left to...
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