Vaudit, previously known as BlokID, has raised $7.3 million to launch an AI-powered auditing platform for digital ad spend. Mucker Capital led the seed round, joined by AVV, AppWorks, Plug and Play, and Kyber Knight. Notable investors include Omar Hamoui, founder of AdMob, and Binh Tran, co-founder of Klout.
With this funding, Vaudit has secured a total of $8.5 million, including a previous $1.25 million pre-seed round. The AI-powered auditing platform for digital ad spend enables real-time campaign monitoring. It flags discrepancies and provides legally backed audit documentation for billing recovery.
The platform meets growing demand for ad budget accountability. Advertisers can now detect waste, challenge overcharges, and request refunds from platforms. VPN Ranks estimated U.S. advertisers lost $28.6 billion to fraud last year proving the need for reliable AI-powered auditing platforms for digital ad spend.
From Fraud Detection to Full Audit Intelligence
Vaudit already serves 1,000+ global users and has audited over 558 million ad events. It currently audits over $150 million in annualized ad spend. Some clients report monthly overcharges as high as 30%, highlighting the critical need for auditing solutions.
Enterprise clients such as HP, Huawei, SAP, Panasonic, RE/MAX, and Accenture now use Vaudit to verify spend accuracy. These audits provide confidence in ongoing digital campaigns.
“Working with veterans like Omar and Binh allows us to promote fairness in adtech,” said CEO Michael Hahn. “Click errors and overspending are rampant we’re fixing that.”
Originally launched as BlokID, the platform saw a lack of transparency in digital media budgets. The rebrand to Vaudit short for “Virtual Audit” represents its broader goal of audit intelligence across all ad spend.
“Vaudit fixes an overlooked flaw in the system,” said Mucker Capital’s Omar Hamoui. “Advertisers don’t have visibility. Vaudit changes that with clear, actionable insights.”
The platform operates as an audit layer across digital investments. It matches reported spend against real invoices from ad platforms like Google and Meta. With audit-grade reports, clients recover misspent funds and improve budget controls.
Vaudit Appoints New Chief Operating Officer
To accelerate growth, Vaudit named Piotr Korzeniowski as its new COO. He previously scaled Clearcode and Piwik PRO to exits, bringing strong martech experience.
“Ad fraud tools are everywhere, but spend verification isn’t,” said Korzeniowski. “Vaudit closes that gap. I’m excited to drive expansion.”
The team plans to build agentic workflows that reduce ad waste and detect anomalies faster. They’ll also expand AI models to improve spend pattern detection and fraud resolution.
“Advertisers deserve full visibility,” said AVV’s Binh Tran. “Vaudit offers more than audit tools it provides financial control and trust.”
Currently focused on Google and Meta, the platform will soon support audits for Amazon, TikTok, X (Twitter), and mobile in-app campaigns. This expansion aligns with the rising complexity of global digital ad spending.
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News Source: Businesswire.com
TSG Consumer has announced its acquisition of fragrance brand PHLUR, marking a significant fragrance brand acquisition in the beauty sector. Known for its emotion-driven scents, PHLUR quickly built a loyal customer base across major retail channels. This acquisition will help scale the brand’s reach, aligning with TSG’s focus on consumer-driven growth.
Chriselle Lim will remain as Creative Director and continue holding equity alongside Ben Bennett’s The Center, which partnered with PHLUR in 2021. As part of this fragrance brand acquisition, Prelude Growth Partners will exit its investment.
PHLUR gained popularity for its emotional storytelling and high-quality fragrances like Missing Person, Heavy Cream, and Vanilla Skin. The brand distributes through its own platform and retail partners including Sephora, Amazon, and Space NK.
Chriselle Lim emphasized the importance of transparency and emotional connection in PHLUR’s success. She noted that TSG Consumer shares those values, making this fragrance brand acquisition a natural step forward.
CEO Elizabeth Ashmun praised TSG’s brand expertise and their strategic role in PHLUR’s future. She thanked The Center and Prelude Growth for their early support, highlighting that this new partnership sets the stage for expansion.
TSG’s Hadley Mullin pointed out that modern consumers seek emotional resonance in fragrance, and PHLUR delivers exactly that. TSG plans to expand PHLUR’s product categories and geographic footprint while preserving its unique brand story.
Colin Welch from TSG added that today’s fragrance buyers seek identity and meaning, not just scent. He believes this fragrance brand acquisition enables PHLUR to build even deeper consumer loyalty.
Ben Bennett, Founder of The Center, said the brand’s journey has been exceptional, and he looks forward to continued success with TSG’s involvement.
Neda Daneshzadeh of Prelude Growth Partners expressed pride in PHLUR’s achievements and confidence in the brand’s future under new ownership.
Raymond James served as PHLUR’s exclusive financial advisor. Legal counsel included Mintz, Levin, Cohn, Ferris, Glovsky & Popeo P.C., and Polsinelli P.C. for PHLUR, while TSG was advised by Ropes & Gray LLP.
The financial terms remain undisclosed. The fragrance brand acquisition is expected to close following regulatory approval and standard conditions.
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News Source: Businesswire.com
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) has announced its plan to acquire Calastone, a global leader in fund technology and wealth management solutions. The agreement, valued at approximately £766 million (US $1.03 billion), is subject to regulatory approval.
Based in London, Calastone runs the world’s largest funds network, connecting over 4,500 financial institutions across 57 global markets. This acquisition will support SS&C’s ongoing expansion in investment operations and is expected to close by Q4 2025.
SS&C intends to finance the acquisition using a mix of debt and available cash. Once the deal finalizes, over 250 Calastone employees from cities including London, New York, Hong Kong, Singapore, and Sydney will integrate into SS&C Global Investor & Distribution Solutions under Nick Wright’s leadership.
“We look forward to welcoming Julien, the Calastone team, and their clients to SS&C,” said SS&C Chairman and CEO Bill Stone. “This partnership will enhance our fund technology offerings and create a smarter, more connected global fund ecosystem.”
The acquisition reinforces SS&C’s goal of transforming investment operations. Calastone’s automated platform aligns well with SS&C’s leadership in fund administration, AI-driven solutions, and digital transformation.
Together, both firms aim to simplify wealth management solutions, reduce risk, and drive scalable investor servicing. Their unified technology will support real-time fund distribution and investment operations across geographies.
Julien Hammerson, CEO of Calastone, expressed confidence in the move: “SS&C’s scale and expertise will accelerate our innovation in fund technology. We’re excited to collaborate and deliver transformative services to global asset managers.”
Fernando Chueca of Carlyle’s Europe Technology Partners added, “We’re proud to have guided Calastone’s growth. Its platform stands out in automated wealth management solutions, and SS&C is the ideal partner for its next stage.”
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News Source: Businesswire.com
Sdui Group has received a strategic investment to enhance its digital education platform for K-12 schools across Europe. Led by Bain Capital’s Tech Opportunities fund, the investment also includes continued backing from HV Capital and High-Tech Gründerfonds (HTGF).
This funding will help Sdui boost its digital education platform by expanding features, supporting more schools, and deepening its EdTech footprint across Europe. Founded in 2018, Sdui offers a secure, cloud-based suite that covers communication, attendance, scheduling, and grading for schools.
Already serving thousands of institutions in Germany, Austria, Switzerland, and Spain, Sdui’s digital education platform simplifies operations for teachers, students, administrators, and parents. Its modular architecture and compliance with education standards make it ideal for scalable school management.
“As schools shift toward smarter digital systems, Sdui stands out,” said James Stevens, Partner at Bain Capital. “Their platform directly solves everyday school administration challenges.”
Sdui has scaled through both acquisitions and product growth. The company has merged with regional EdTech players and invested heavily in user experience, innovation, and system reliability.
CEO Daniel Zacharias shared, “With Bain’s support and continued trust from HV and HTGF, we’re accelerating efforts to build Europe’s leading digital education platform.”
Felix Klühr, Partner at HV Capital, added, “We’ve supported Sdui from the start and are excited about this next phase with Bain on board.”
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News Source: Businesswire.com
Forsee Power, a leading name in battery systems for electric commercial and industrial vehicles, reported €80.8 million in H1 2025 revenue. The company continued to expand across high-value markets, staying focused on diversification despite global headwinds.
CEO Christophe Gurtner acknowledged market challenges like limited visibility and tough competition from Asia. Still, he praised the team’s dedication and shareholder backing. The successful capital raise in June 2025 also boosted confidence as the company entered a demanding second half.
Revenue dipped 4% from H1 2024, mostly due to slower demand from industrial clients. However, Q2 showed a 38% year-over-year increase, reaching €43.7 million. This growth came from expanded activities, especially in railway and stationary storage, now part of the heavy vehicle division.
Though small in volume, these new verticals signal success in Forsee Power’s diversification strategy. The light vehicle segment also delivered an 11% growth compared to H1 2024.
Key Milestones in H1 2025:
- Introduced PULSE PLUS, a high-performance battery for heavy-duty electric vehicles.
- Launched GO 6, a modular battery built for light vehicles and industrial machinery.
- In Turkey, supplied FORSEE ZEN LFP batteries to Otokar’s e-TERRITO buses and partnered with Bozankaya for trolleybus systems.
- In the UK, collaborated with Connected Energy to develop a storage solution using second-life bus batteries.
- In North America, partnered with Westward Industries and signed a deal with a major U.S. city to power 55 tramways.
- In Australia, Custom Denning scaled up bus electrification using Forsee Power’s rugged battery systems.
Strategy and Outlook:
Looking forward, Forsee Power remains committed to high-value sectors, including buses, off-highway machinery, mining vehicles, and rail. The company continues converting its growing order book into revenue while adapting to the ongoing economic uncertainty.
Through innovation and strategic partnerships, Forsee Power solidifies its leadership in the global electric mobility and battery systems market.
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News Source: Businesswire.com
In Q2 2025, U.S. middle market earnings posted a 5% increase and 2% revenue growth, signaling strong economic resilience. These figures come from the Golub Capital Altman Index, covering the first two months of the quarter.
Golub Capital’s CEO, Lawrence E. Golub, emphasized the adaptability of mid-market firms amid ongoing tariff and tax uncertainty. He noted steady revenue and earnings growth among companies that mainly serve U.S. consumers.
“The economy’s foundation stayed strong through April and May,” Golub stated. He added that the recent BBB tax bill may boost consumer confidence and disposable income going forward.
However, tariff-related instability continues to delay capital investment decisions across sectors, according to Golub. He anticipates faster growth once tariff conditions stabilize.
Dr. Edward I. Altman highlighted encouraging data from Q2 2025. He believes investors will find the Index’s company-level performance a useful economic barometer.
“Our data shows strong growth in the Technology sector,” Altman said. He pointed out that demand for B2B software solutions remains high despite market uncertainty.
The Golub Capital Altman Index is a longstanding benchmark tracking actual revenue and EBITDA of private U.S. middle market firms. It includes data from about 110 to 150 companies in Golub Capital’s loan portfolio.
This Index closely reflects performance trends across public indexes like the S&P 500 and S&P SmallCap 600. Back-tested data since 2012 proves its accuracy in forecasting national economic metrics such as GDP.
Golub Capital ensures confidentiality by reporting only aggregated and industry-specific growth rates. The data offers transparency while protecting individual company performance.
These middle market companies are vital to U.S. private-sector job creation. Their earnings and revenue results can be compared against larger public company indexes.
The Q2 report dropped individual Industrials sector data due to a smaller sample size. However, Industrials remain part of the total Index growth averages and may return as a separate segment later.
The Index still excludes Financials, Utilities, Energy, and Materials sectors. Thus, adjusted S&P 500 and S&P 600 versions serve as more relevant comparison benchmarks.
Overall, middle market earnings, revenue trends, and technology sector growth reinforce the segment’s economic impact. The Index continues to offer timely insights for investors and economic analysts alike.
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News Source: Businesswire.com
RightRev, a leader in cloud-based finance automation, has secured $12 million in new funding to enhance revenue recognition automation. The round was co-led by Norwest Venture Partners and Salesforce Ventures, with participation from Correlation Ventures and IDEA Fund Partners, bringing total capital raised to $17.6 million.
Since partnering with RightRev in 2021, Norwest Venture Partners has witnessed a 250% surge in its annual recurring revenue. Scott Beechuk, Partner at Norwest, stated, “RightRev has solidified its position in revenue automation. We’re excited to back their continued growth.”
RightRev is transforming how companies approach revenue recognition automation. It eliminates the need for outdated spreadsheets and disconnected systems. Its cloud-based platform supports dynamic pricing models, including subscriptions and usage-based billing, essential for modern enterprise needs.
With this new capital, RightRev aims to accelerate product innovation and expand its integrations with billing platforms and ERP systems. The company plans to address the rising demand for flexible, scalable, and compliant revenue accounting tools in SaaS and enterprise markets.
Since its founding in 2020, RightRev has built a strong reputation in finance automation by handling complex use cases. Its customers range from mid-sized businesses to global enterprises, all seeking smarter ways to automate revenue processes.
CEO and Founder Jagan Reddy emphasized the company’s vision, stating, “This funding helps us push the limits of automation. We’re focused on redefining revenue accounting for tomorrow’s enterprises.”
RightRev’s platform supports high transaction volumes and advanced automation. Its cloud-based accounting engine allows businesses to implement flexible pricing and streamline finance workflows without heavy manual intervention.
Additionally, RightRev offers a native Salesforce Revenue Cloud integration for complete lead-to-revenue visibility. It enhances Salesforce CPQ and Billing while also working as a standalone platform that can ingest data from any quoting or order source.
Zak Kokosa of Salesforce Ventures added, “RightRev extends Salesforce’s revenue automation capabilities. We’re proud to deepen our partnership and support their continued success.”
With a focus on revenue recognition automation, cloud-based accounting, and finance automation, RightRev continues to innovate and lead in enterprise revenue transformation.
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News Source: Businesswire.com
Golub Capital, a top middle market lender, reported that U.S. middle market companies continued to show earnings strength in Q2 2025. According to the Golub Capital Altman Index (GCAI), earnings climbed 5% and revenue increased 2% during April and May 2025.
This latest middle market data points to ongoing business resilience, despite ongoing tariff and tax uncertainty. CEO Lawrence E. Golub emphasized that the firms studied, primarily serving U.S. customers, demonstrated consistent earnings and revenue growth. He also noted that July’s implementation of the BBB tax bill could further boost consumer spending and economic confidence.
Though uncertainty around tariffs has stalled capital investment decisions, Golub stated, “The U.S. economy remains fundamentally sound. Once trade conditions stabilize, we expect middle market growth to gain momentum.”
Dr. Edward I. Altman, co-creator of the GCAI, added, “Our data shows encouraging signs from U.S. middle market firms this quarter. In particular, strong EBITDA and revenue gains in the technology sector reaffirm that B2B software remains vital for productivity in today’s unpredictable climate.”
The Golub Capital Altman Index, developed in partnership with Dr. Altman, is the longest-running index to track actual revenue and EBITDA for middle market companies. It captures financial trends from 110 to 150 U.S. private firms within Golub Capital’s loan portfolio. The GCAI serves as a forward-looking indicator of public company earnings in indexes like the S&P 500 and S&P SmallCap 600, and it aligns closely with quarterly U.S. GDP data based on over a decade of statistical testing.
Importantly, the GCAI maintains strict confidentiality while aggregating financial data across industries. The index highlights key trends in sectors that are central to private sector employment and allows for comparisons with large-cap benchmarks.
In Q2 2025, Golub Capital paused separate reporting for the Industrials sector due to a limited sample size. However, Industrials remain factored into overall revenue and earnings calculations. As the index has minimal exposure to Financials, Utilities, Energy, and Materials, comparisons are adjusted accordingly.
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News Source: Businesswire.com
inMorphis, a top global ServiceNow partner, has acquired the ServiceNow practice of Solugenix Corporation, a US-based tech services company. This strategic move enhances inMorphis’ revenue technology footprint in the United States and brings 50+ experienced ServiceNow professionals into its fold.
While Solugenix will continue operating independently across its core verticals such as IT support, app services, and business consulting the acquired ServiceNow team will now focus exclusively on growing inMorphis’ revenue tech solutions across the US. This acquisition particularly boosts inMorphis’ industry-specific strength in the retail and manufacturing sectors.
Previously strong in BFSI and TMT, inMorphis will now deliver end-to-end revenue technology platforms using ServiceNow across retail, manufacturing, and financial domains. Moreover, the integration introduces industry-aligned frameworks that ensure faster deployment and measurable impact.
With demand rising for GenAI-led customer engagement and seamless digital transformation, inMorphis plans to ramp up investments in ServiceNow CRM and CSM. These areas are set to become key pillars of its US revenue technology strategy.
“This is another milestone after last year’s ServiceNow investment,” said Himanshu Singhal, CEO of inMorphis. “We’re excited to welcome the Solugenix ServiceNow team. This move reinforces our position as a global ServiceNow leader, ready to partner more deeply with customers in the US.”
Additionally, the acquisition strengthens inMorphis’ Global Capability Center (GCC) strategy. As more US firms expand their GCC operations in India, inMorphis is well-positioned to offer scale, innovation, and cost efficiency through its proven delivery model.
By combining Solugenix’s domain expertise with inMorphis’ expanding platform capabilities, the firm is now set to lead in delivering next-gen revenue technology services that drive business outcomes.
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News Source: Prnewswire.com
Clari, a leader in enterprise revenue intelligence, has rolled out new integrations to strengthen its AI-driven revenue ecosystem. These updates power Clari’s Revenue Context™, offering the foundational data needed to train AI assistants that boost execution, forecast outcomes, and drive growth across revenue teams.
By expanding its open ecosystem, Clari reaffirms its commitment to customer-owned data and flexible integration. Enterprises can now unify all revenue and go-to-market (GTM) data within Clari, enabling AI to act with full context across the entire sales process.
As AI adoption accelerates across RevOps, many revenue teams struggle with limited context. Clari solves this by mapping the full revenue journey tracking who did what, when, and what it led to so AI agents can take informed action with accuracy.
Now, revenue leaders can finally access comprehensive, connected data across territories, teams, and business models without friction.
Patty Hanna, VP of Field Strategy & Operations at Okta, emphasized Clari’s impact:
“Clari’s AI and predictive tools have changed how our leadership operates. Even our CEO monitors the AI scores to track quarterly progress. Its transparency and usability deliver consistent value to our field teams.”
New Revenue Integrations Fuel Predictable Growth
Clari introduced powerful integrations across data, intelligence, and engagement layers, enhancing signal ingestion and decision-making for AI-powered revenue operations.
Data Integration – Centralizing Revenue Intelligence
- Fivetran: Imports key non-CRM revenue data into Clari for unified analysis.
- Snowflake & Databricks: Enable access to high-quality data streams across the revenue lifecycle.
Data Enrichment – Sharpening Account Insights
- Clearbit & ZoomInfo: Deliver enriched account data for sharper segmentation and targeting.
- 6sense & Demandbase: Supply actionable intent signals to track buyer interest.
- Exchange, Gmail, O365, Zoom: Auto-syncs contact and activity data to Clari and CRM platforms.
Outbound Execution – Activating Sellers with AI
- Gainsight: Integrates post-sale motions by syncing AI-generated insights and tasks directly to the Gainsight timeline.
- Nooks: Connects AI dialing with Groove Flows to speed up outbound efforts and pipeline generation.
- Orum: Captures and analyzes outbound call data for better team execution and conversions.
Andy Byrne, CEO of Clari, stated:
“We’re stepping into a new era of productivity led by AI. Within the next year, AI won’t just support revenue teams, it will reshape the entire process. Companies that unify their revenue data and power their operations with AI-informed context will lead the next phase of enterprise growth.”
Clari’s approach positions it at the forefront of RevTech innovation, helping organizations transform how they manage revenue intelligence and scale operations predictably.
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News Source: Businesswire.com
Varicent, a global leader in sales performance management, has partnered with ServiceNow to enhance its revenue execution platform. This collaboration integrates Varicent’s advanced incentive compensation and sales planning tools directly into the ServiceNow Customer Workflows ecosystem.
As a result, CRM data spanning leads, customers, opportunities, and sales activity flows seamlessly into Varicent. This real-time data empowers revenue leaders to optimize quotas, adjust territory planning, and fine-tune incentive structures at scale.
“Together, ServiceNow CRM and Varicent SPM provide real-time intelligence and automation,” said Anandan Jayaraman, VP of Product Management at ServiceNow. “Our revenue execution platform enables CROs and RevOps leaders to drive faster, smarter growth.”
ServiceNow has already adopted Varicent to manage its global incentive compensation internally. This reinforces the platform’s ability to handle complex requirements with flexibility.
“I’ve used several platforms, but Varicent stands out for its adaptability, support, and seamless integration,” said Rick Butler, VP of Compensation at ServiceNow. “It’s built for modern compensation teams.”
This strategic alliance builds on Varicent’s recent recognition as a Leader in The Forrester Wave™: Sales Performance Management Solutions for Incentive Compensation, Q1 2025. It confirms Varicent as the only AI-powered SPM platform that unifies Sales Planning, Incentive Compensation, and Performance Optimization.
“The age of disconnected sales tools is over,” said Jason Loh, Chief Growth Officer at Varicent. “This partnership creates a unified revenue execution platform that gives enterprises the control and actionability they need.”
Available via the ServiceNow Store by Q4 2025, the joint solution will allow users to:
- Automate sales territory and quota planning with CRM integration
- Align compensation with GTM strategy using scenario-based modeling
- Reduce manual errors and accelerate payout cycles
- Boost sales performance and increase quota achievement
Backed by over two decades of leadership and trusted by Cisco, Siemens, T-Mobile, and United Rentals, Varicent’s expertise now amplifies ServiceNow’s CRM value. This alliance redefines how businesses scale, automate, and optimize their revenue operations.
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News Source: Businesswire.com
Unblock, the energy infrastructure startup, has raised $13.5 million to scale its efforts in converting stranded energy into computing power. Backed by Goldcrest Capital and Collaborative Fund, the round also includes Pampa Energia, Grupo Sielecki, FJ Labs, NYDIG, Luxor Technology, and Sunna Ventures. Prominent Latin American entrepreneurs also joined the investment, signaling strong regional confidence in the company’s mission.
The company installs modular data centers at oil fields and renewable energy sites where stranded energy is often wasted. These units capture flared gas and curtailed renewables, turning them into productive computing resources. This innovation not only generates value for energy producers but also reduces 142,000 tons of CO2 emissions annually.
“Unblock is building at the intersection of rising AI energy demand and Latin America’s underutilized energy capacity,” said Tomas Ocampo, CEO and founder. “Latin America’s infrastructure challenges create ideal conditions for elastic computing. Our vision supports midstream infrastructure and balances energy volatility.”
Craig Wilson, Partner at Collaborative Fund, emphasized the company’s dual mission. “We invest in ventures that deliver impact and strong returns,” he said. “Unblock combines purpose with performance, and Tomas’ execution made our decision easy.”
The rising issue of gas flaring in Argentina has accelerated Unblock’s operations. Currently, the company runs the world’s second-largest computing fleet in oil field locations. Two upcoming projects will double Unblock’s capacity by September, enabling faster utilization of stranded energy resources.
“We’re excited to back Unblock’s scalable solution,” said Dan Friedland, Managing Partner at Goldcrest Capital. “Their use of proven technology and local execution positions them to unlock Latin America’s stranded energy potential. Their rapid growth from 0 to 15MW shows clear execution strength.”
The fresh funding will drive Unblock’s hiring push across engineering and field teams. It will also support their vertical integration of data center production within Latin America. These strategic steps ensure Unblock can meet demand and expand its reach while solving real-world energy challenges.
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News Source: Businesswire.com