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Katana, an ERP for SMB manufacturers, raises $34M

TechCrunch

” This has been aided by modern technologies such as 3D printing and computer-aided laser cutters, allowing companies to produce goods on a smaller scale away from centralized, mass-production factories. ” Katana, an ERP for SMB manufacturers, raises $34M by Paul Sawers originally published on TechCrunch.

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Nexi, the Italian payments giant, buys Germany’s Orderbird for $140-150M to expand its SMB strategy

TechCrunch

Orderbird will continue to operate as its own brand, becoming a central part of Nexi’s push into the SMB segment. One of the reasons our customers are successful is because they are always digitally up to date with us and can use the same technologies as their larger competitors,” said Schoen in a statement.

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Level the playing field with GenAI: Top SMB use cases

CIO

Over and over again, emerging technology has an uncanny way of changing the face of business. But what makes this tool notable is its capacity to level the playing field for small and medium businesses (SMBs) . Many are concentrating their use of GenAI on content creation to score early wins.

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Novo, the SMB neobank, nabs $90M at a $700M valuation

TechCrunch

Novo now has 150,000 SMB customers in the U.S., “That has unshackled us from someone else’s release schedule, and it means tighter margins,” he continued, but it does have its challenges, for example, in sometimes keeping product focus, and the investment needed to continue maintaining all that technology.

SMB 247
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WizeHire lands fresh cash to expand its SMB-focused hiring platform

TechCrunch

WizeHire , a hiring service for small- and medium-sized (SMB) businesses, has raised $30 million in a Series B funding round led by Tiger Global with participation from Amplo and Mercury. With the shortfall not expected to end anytime soon , some organizations have turned to technology in search of a solution.

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FreshBooks reaches $1B+ valuation with $130.75M for its SMB-focused accounting platform

TechCrunch

Morgan, Gaingels, BMO Technology & Innovation Banking Group and Manulife also participated in the equity investment, along with platform partner and new backer Barclays. With the new capital injection, FreshBooks has now raised a total of more than $200 million in funding over its lifetime.

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Does your SMB have the foundation in place for GenAI?

CIO

The extraordinary potential of generative AI (GenAI) has seen businesses scrambling to adopt the technology and realize untapped opportunities. A robust foundation, one founded on a digital workforce and an AI-optimized infrastructure, is necessary to reap the technology’s outsized rewards.

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