Alkymi snags $21m from Series A


New York-based Alkymi, which offers a data workflow automation platform, has secured $21m in a Series A.

The round was headed by Intel Capital with participation from Canaan, Work-Bench and SimCorp. Dave Mueller – investment director of Intel Capital – will join Alkymi’s board of directors.

Alkymi claims that it transforms enterprise workflows by placing machine learning and automation technology into the hands of business users, turning operational data headaches into a source of efficiency.

The company’s core products – data inbox and patterns – allow companies to extract, analyse and take action on critical business data in emails and documents.

Alkymi also allows enterprises in financial services, healthcare, technology, energy and transportation to automate processes with no-code intelligent data processing for documents, email, and file data.

The firm plans to use the new funding to expand its hiring efforts in product development and go-to-market to scale its offerings.

RealDefense, a firm that develops and markets privacy, security and optimisation software, recently scored $30m in new financing.

The financing was provided by Sunflower Bank. Following this raise, RealDefense has raised a total of $50m since inception.

RealDefense specialises in the areas of privacy, cybersecurity and performance optimisation software, which it markets to consumers and small firms through its distribution network of 20,000+ retail stores, licensing partners, resellers and affiliates in 33 countries.

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