Since last post we’ve seen 6 acquisitions, 16 funding rounds, 24 people moves & promotions, 11 roles, 2 new companies, 7 articles, 2 partnerships, 1 video, 2 newly added upcoming events, and 6 memes.
Looking for a new job? Check out the It’s Pronounced Data Job Board for a table of the jobs from each week’s newsletter and the status of each posting. There are 104 open roles with an average salary of $209K.
Links to the M&A and Funding trackers are at the bottom for paid subscribers.
M&A
Hanwha Life acquired a majority stake in Velocity Clearing (trading technology & services).
Periscope Equity acquired RepTrak (reputation intelligence).
Robinhood acquired TradePMR (portfolio management and RIA services) for $300M.
*Deals are announced but may not be closed.
Fundraising
Apideck (real-time unified APIs) raised $7.5M in a Series A led by Airbridge Equity Partners.
Capitolis (financial markets platform) raised $20M in a strategic round led by Citi.
Cardo AI (asset-based finance and private credit technology platform) raised $15M in a Series A led by Blackstone, FINTOP Capital, and JAM FINTOP.
Cyera (data security) raised $300M at a $3B valuation in a Series D led by Accel and Sapphire Ventures.
Dodge Construction Network raised $100M new capital and extended debt maturities.
Empyrean Solutions (risk and performance management software) received an investment from Hg Capital.
Kong (API management) raised $175M in a Series E led by Tiger Global and Balderton.
Lighthouse (formerly OTA Insight) (travel & hospitality industry intelligence) raised $370M in a Series C led by KKR.
OneChronos (alternative trading system) raised $32M in a round led by Addition.
OpenYield (bond trading platform) raised $7M in a Seed round led by Canapi Ventures.
Osyte (multi-asset portfolio management) raised $4M in a Seed round led by Moneta Ventures.
Portcast (transportation analytics) raised $6.5M in a Series A led by Susquehanna Asia VC.
PostSig (post-signature contract management) raised $1.2M in a Pre-Seed round led by Frontier Venture Capital.
Rosie AI (AI agent for Excel modeling) raised $1.5M in a Pre-Seed round led by NOMO Ventures and Hyphen Capital.
SuperAnnotate (multimodal AI dataset management and creation) raised $36M in a Series B led by Socium Ventures.
Zeotap (customer data platform) raised $25M in a round.
In the age of generative AI, it's important to be able to tell the difference between a real photo and one generated by AI. In the photo below, there are some key elements you should pay attention to. Now you know how to tell the difference.
^not sure who to credit for this one. Seen it online a bunch in the past week.
People Moves, Promotions, and Appointments
Powered in partnership with Live Data Technologies. Who else is changing jobs? Get the latest data for the companies that matter most to you for free: http://www.livedatatechnologies.com/trial
Alison Beaver joined Tiny Fish as Senior Director, Strategic Accounts.
Kyle Bryant joined Shaper Capital as Chief of Staff.
Jessica Chau joined Bloomberg Media as Director, Media Research and Insights.
Joseph Chiappone joined Signum Global Advisors as Partner.
Emad ElShawa joined Capstack Technologies as Chief of Staff & Head of Revenue.
Brian Engelbert joined Mindgram as an Advisor.
Ihsan Erman Saracgil joined OpenBB as Head of Quant Research.
Gene Gallagher joined Exabel as Director of Research.
Brendan Gay joined Citadel Securities as VP, Data Sourcing and Strategy.
Jonathan Goor joined With Intelligence as Head of Infrastructure Strategy.
Dave Lowery joined Bloomberg as Private Markets Specialist - Product Manager.
Sonesh Patel joined Bloomberg as AMERS Sustainable Finance & AI Strategy Lead.
Hannah Perregaard joined Nordic Alpha Partners as Head of ESG.
Joe Proctor joined Credit Benchmark as Head of Banking, EMEA & APAC.
Jonathan Rogers was promoted to Chief Information Officer at FactSet.
Andrew Searson joined Shearwater Data as Chief Data Officer.
Vishal Singh joined Sandeza as an Advisor.
Andrew Somosi joined Dodge Construction Network as CEO.
Megan Strub joined Worldpay as VP, Data Solutions.
Taki Thaler joined Maiden Century as Senior Client Success Manager.
Jonathan Tice joined QuantifyAI as a Strategic Advisor.
Sven Törnkvist joined Normain as Chair of the Board.
Lou Vankov joined ExLink as Director of Partnerships Strategy.
John Zhaoyang Yang joined Peer Data as Product Manager.
Who’s Hiring
Check out the It’s Pronounced Data Job Board for a table of the jobs from each week’s newsletter and the status of each posting.
Apple is hiring a Marketing Insights & Analytics Lead – North America, Apple Advertising Platforms ($143K - $269K).
Capital Markets Gateway (CMG) is hiring a Director – API Sales Engineer ($150K - $200K).
Mastercard is hiring a Director, AI Governance.
Octus is hiring a Head of Fundamentals ($235K - $250K).
Parameta Solutions is hiring a Head of New Business Sales ($200K - $225K) and a Head of Sales Strategy & Enablement.
Perplexity is hiring for Corporate Development.
Radar is hiring a Director of Maps Data and Partnerships ($250K - $300K).
Stifel is hiring a Market Data Procurement Associate.
The Trade Desk is hiring a Senior Data Partnerships Manager ($123K - $227K).
Turnleaf Analytics is hiring a Junior Data Engineer.
*salaries only listed where provided by the company. See links for specific salary details.
New Company Alerts
Britt Law is a new firm with focus on AI and data privacy. The firm is based in Charleston, SC and is founded by Steve Britt (prior Parker Poe). Britt Law advises clients on all forms of software licensing while focusing on EU and U.S. data privacy and AI laws and regulations. The firm will also offer data management consulting services, and fractional general counsel and data protection officer engagements.
Dossity performs deep investigative diligence to uncover management risk. The company analyzes claims, behavior, communications, associations, influence, and more utilizing various databases and primary research. The company is founded by Auren Hoffman (prior CEO of LiveRamp, SafeGraph, current Flex Capital) and Michael Collins (prior CEO of Zintro).
If interested in engaging with either new company, please let me know and I can do my best to facilitate an introduction.
What I’m Reading
If M&A picks up, who's on the auction block? by Anthony Malakian in WatersTechnology. Thanks for the shoutout!
Does data quality matter? Garbage in; whatever, it’s fine by Benn Stancil.
The government is working to improve data access. An AI chatbot could be part of that by Madison Alder in FedScoop.
Reliability, Resilience and Human Factors Engineering for Trustworthy AI Systems by Saurabh Mishra, Anand Rao, Ramayya Krishnan, Bilal Ayyub, Amin Aria, and Enrico Zio.
What Is the Future of Data Serving? by Nik Acheson in CDO Magazine.
Pokémon Go Was A Plot To Use Your Data To Fast Track An AI-Slop Google Maps Competitor by Bradley Brownwell in Jalopnik.
Investors mining new data to predict retailers' results by Nicholas Brown and Carolina Mandl in Reuters.
Partnership Corner
InTapp and Pitchly announced a strategic partnership to streamline the creation of pitchbooks and other client-facing materials. Through this partnership Pitchly's on-demand content generation platform will be natively available within Intapp DealCloud. Pitchly will leverage Intapp Data Cortex to create, translate, and generate pitchbook content. Full details in the press release.
Rakuten Securities and Bridgewise announced a strategic partnership to launch Bridgewise’s AI-powered financial investment analysis solutions for Rakuten’s customers. Full details in the press release.
What I’m Watching
The Sports of Kings: Sovereign Wealth Funds, Formula One on Bloomberg TV.
Upcoming Events
*new events added since last newsletter
*Alternative Data Happy Hour, December 4, NYC
FISD Holiday Party, December 5, NYC
Neudata Winter Data Summit, December 5, NYC
Battle of the Quants, December 5, NYC
*Placer Discover, December 10, NYC
FISD New York, February 6, NYC
IIEX North America, April 30 - May 1, Washington D.C.
Data Disrupt, June 4-5 2025, NYC