SirionLabs, an artificial intelligence (AI)-powered contract lifecycle management (CLM) company and one of Spend Matter’s 50 Providers to Know, has announced a new addition of $85 million in Series D funding by Partners Group, a private markets firm, acting on behalf of its clients, with participation from existing investors Sequoia Capital and Tiger Global. This new funding more than doubles SirionLabs capitalization, bringing the total the company has raised to $157 million. The funding from Partners Group will support scaling SirionLabs’ operations.
To learn more about SirionLabs funding announcement, read the press release here.
Pactum launches new negotiation solution to adapt instantly to supply chain volatility
Pactum, creator of AI-driven autonomous negotiation technology and one of Spend Matter’s Future 5, has launched a new short-term-rate negotiation solution which, according to the press release,…