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TechCrunch+ roundup: Save your equity, LatAm crypto survey, where the runway ends

TechCrunch

She surveyed five investors who have staked companies in the region’s crypto and DeFi sector to learn more about how their ethos has changed since winter began and why consumer adoption in LatAm is stronger than in other markets: Matias Nisenson, co-founder, DeFi Wonderland. Image Credits: Bryce Durbin/TechCrunch.

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Unito, a platform for managing SaaS apps, raises $20M

TechCrunch

In a 2021 survey , enterprise architecture startup LeanIX found that businesses rarely have common standards when it comes to responsibility for SaaS management. On a mission to uncover a solution — or invent a new one — Boscher and Eryk Warren joined Montreal’s Founder Institute program in 2015.

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SAP cloud sales jump, fueling a rise in revenue

CIO

That’s good news for SAP, since the company has been pushing customers to migrate from its legacy Business Suite 7, which is usually run on-premises, ever since S/4HANA was launched in 2015. Licenses for on-premises software declined 38% to €406 million, reflecting customer migration to cloud-based software.

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Black Crow AI raises $25M to predict which products e-commerce customers will buy

TechCrunch

Those advantages — as well as their ability to forecast inventory and measure the effectiveness of marketing campaigns — have driven predictive analytics software revenues to record heights. According to Zion Market Research, the predictive analytics industry made $8.12 billion — by 2028. Image Credits: Black Crow AI.

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Industrial cybersecurity startup Claroty raises $140M in pre-IPO funding round

TechCrunch

Founded in 2015, the late-stage startup focuses on the industrial side of cybersecurity. The end goal here is to be the market leader for industrial cybersecurity. According to a recent survey carried out by Claroty, the majority (53%) of US industrial enterprises have seen an increase in cybersecurity threats since the start of 2020.

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Indonesian fintech Xendit is now a unicorn, with $150M in fresh funding led by Tiger Global

TechCrunch

The round was led by Tiger Global Management, with participation from returning investors Accel, Amasia and Goat Capital, the venture firm co-founded by former Y Combinator partner Justin Kan (in 2015, Xendit became the first Indonesian startup to participate in the accelerator program). Accel led Xendit’s $64.6

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LexCheck raises $17M to automate common contracting processes

TechCrunch

Contract management vendors have benefited in particular as contracting workloads increase; contracting teams at large organizations now manage an average of 19,000 contracts a year while the busiest organizations manage more than 50,000, according to a 2021 EY survey.