Sizable startup funding announcements continued to roll in this week, with the largest rounds coming in the form of growth equity investments to Quavo Fraud & Dispute Solutions and Vanta, two companies in the dispute and risk management spaces. We also saw good-sized financings tied to AI and biotech. 1. Quavo, $300M, dispute management: Dispute management software provider Quavo announced that it secured $300 million in a growth equity investment from Spectrum Equity. The 10-year-old Wilmington, Delaware-based company offers tools for banks, credit unions and fintechs to manage consumer transaction disputes. 2. Vanta, $150M, compliance and risk management: Vanta, developer of AI-enabled tools for enterprise compliance and risk management, raised $150 million in Series D funding. Wellington Management led the financing, which sets a $4.15 billion valuation for the San Francisco-based company. 3. Armada, $131M, edge computing: San Francisco-based Armada, developer of an edge...
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