Adaptive Shield, an Israeli SaaS application security provider, grabbed $30 million in Series A financing. Lead investor Insight Partners was joined by Okta Ventures and Vertex Ventures Israel in the round.
Pandion Inc., a Seattle-based startup using machine learning to more efficiently transport e-commerce packages, raised an oversubscribed $22.5 million Series A round, immediately followed by a $7.5 million additional investment led by Telstra Ventures. Bow Capital led the Series A funding, which included support from Playground Global, Schematic Ventures, AME Cloud Ventures and Innovation Endeavors.
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(END) Dow Jones Newswires
10-06-21 0938ET