This week in MarTech: Monday.com files for an IPO, SightCall Raises $42M, CallRail Announces Acquisition of PhoneWagon, Digital Marketing Agency ADA secures $60 million, Microsoft Debuts New Webinar Capabilities in Teams, Bambuser Acquires Relatable
Productivity software maker Monday.com has filed to go public on the Nasdaq. The Israeli start-up doubled its annual revenue in 2020, with a net loss of $152 million. It was valued at $2.7 billion in a secondary transaction in its shares last year.
SightCall, who has built an augmented reality platform to help field service teams carry out tech and mechanical maintenance, has announced $42 million in funding. It plans to use this to invest in its tech stack with more AI tools.
CallRail, a marketing platform that helps business accelerate growth with marketing analytics, has announced it has acquired a call tracking software company, PhoneWagon. CallRail also recently received a $56M investment from investors Sageview Capital and Leaders Fund.
The Axiata-owned digital marketing solutions company, ADA, has secured $60M in funding from the SoftBank Group. The Japanese Telecom group will own 23.07% shareholding of ADA, at an enterprise valuation of $260M.
Microsoft have extended their web-based offerings by rolling out webinars and PowerPoint Live to Microsoft Teams users. Microsoft Teams users can now hold interactive meetings and webinars for up to 1,000 attendees.
Stockholm-based martech star-up Relatable has been acquired by Bambuser for approximately €19.7M. The purchase will bring together tech for influencer and live video shopping campaigns.
MarTech News Weekly Round-up – over and out.
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