Entrepreneur News Network

PointFive Raises $60 Million Series B to Help Enterprises Control Rising AI and Cloud Costs

PointFive founders

PointFive, a fast-growing technology startup focused on AI and cloud cost management, has secured US$60 million in Series B funding in a round led by Accel. The investment comes as enterprises worldwide face rapidly increasing costs associated with artificial intelligence infrastructure, cloud computing, and large-scale digital operations. The funding round also attracted participation from Salesforce … Read more

Rapido Raises $240 Million Led by Prosus, Valuation Climbs to $3 Billion

Rapido

Indian mobility platform Rapido has raised $240 million in a fresh funding round led by Prosus, with participation from existing investors including WestBridge Capital and Accel. The investment is part of a broader $730 million transaction that includes both primary capital infusion and secondary share sales by existing shareholders. Following the latest round, Rapido’s valuation … Read more