Ukbased Twig 35m Eulomastechcrunch software startup, announced on March 11th, 2021 that it had raised $35M in its Series C funding round. Leading this round was Euloma and TechCrunch, with additional funding provided by private investors. This was a remarkable achievement given the current landscape of the global economy. From this funding, Twig is looking to expand its global reach even further and expand its product offerings.
Overview of Twig
Ukbased Twig 35m Eulomastechcrunch based software startup that specializes in identity and access management software solutions. Twig’s products are aimed at helping companies and organizations securely manage user accounts, control access to services, and ensure that sensitive data remains secure. Twig has experienced rapid growth since its launch in 2018, and its products are now used by more than 15,000 organizations around the world. Twig was founded by Toby Clarke, who serves as CEO.
Summary of Series C Funding
Twig announced on March 11th, 2021 that it Ukbased Twig 35m Eulomastechcrunch C funding round. The funding was led by London-based venture capital firm Euloma, with additional funding provided by TechCrunch, a leading technology news website and event organizer. Private investors also contributed to the round. This is the third investment round for Twig, following a Series A round in 2018 and a Series B round in 2020.
Impact of Series C Funding
Ukbased Twig 35m Eulomastechcrunch The Series C funding round is set to help Twig expand its global reach and accelerate its product innovation. In particular, Twig intends to use the new funding to address customer pain points and expand its customer base. Additionally, Twig is hoping to create new product offerings to stay ahead of the competition in the identity and access management space.
Euloma Investment in Twig
Ukbased Twig 35m Eulomastechcrunch Euloma is a London-based venture capital firm that provides early-stage funding to software and technology startups. Euloma has backed a variety of successful companies and has built a track record of success. Euloma’s Managing Partner, Lawrence Shaw, is one of the lead investors in Twig and spoke of the company’s promise, saying “Twig is one of the most exciting technology companies we’ve seen in a long time. Their vision, team and technology are unique. We’re delighted to be a part of their journey and to help them achieve their ambitious growth plans.”
TechCrunch Investment in Twig
TechCrunch is a leading technology news website and event organizer that provides in-depth coverage of the industry. Additionally, TechCrunch runs a wide range of events around the world, from the annual Disrupt events to smaller meet-ups and hackathons. It is no surprise that TechCrunch has invested in Twig, as the company is looking to expand its product offerings, and TechCrunch has a strong focus on covering innovative technology companies.
Twig’s recent Series C funding round is set to help the company reach greater heights. Twig intends to use the funds to expand its global reach and explore new product offerings. With the help of Euloma and TechCrunch, Twig is on track to becoming a major player in identity and access management software solutions. In the coming weeks and months, Twig will be sure to provide updates on its progress.
Ukbased Twig 35m Eulomastechcrunch indicating a strong belief in Twig’s potential to revolutionize the way businesses store and maintain data. With a focus on making data storage and management easier,
secure and more cost-effective, Twig is sure to be a disruptive force in the industry. As the adoption of their innovative technologies and services grows, the positive impact they can have in our increasingly data-driven world is only going to increase.