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Bluecore Raises $50 Million Series D for Retail Personalization

All funding news today, Dear Reader. Top item is a $50 million Series D for AI-powered retail personalization vendor Bluecore, bringing its total raise to $113 million. Unlike BlueConic, BlueVenn, and Blueshift, Bluecore is not a CDP. They do have a rare pricing model based entirely on shared customer success.

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Gatsby Raises $28 Million Series B for Services-Based Web Development

May 28, 2020

In another bit of business-as-almost-usual, open source web development framework Gatsby has raised a $28 million Series B, bringing its total to $47 million. You may have thought WordPress, Drupal, and others had the open source Web CMS business locked down, but Gatsby lets developers create Web sites by stitching together separate cloud-based services. It’s APIs all the way down.

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CIAM Vendor Ping Identity Bought for $2.8 Billion by Private Investors

August 5, 2022

CIAM (Customer Identity and Access Management) was once largely about managing employee access to company systems, but it’s increasingly applied to consumer log-ins and identities as well.  This creates an overlap with the identity management systems more traditionally used for customer data.  The expanded market helps to explain why private investor Thoma Bravo just paid $2.8 billion for CIAM vendor Ping Identity, a 60% premium of its most recent stock price and just under 10x revenue.

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