Five Sigma Announces Extension of Series A Investment From Aquiline Technology Growth
Five Sigma, an industry-disrupting claims management solution, has announced an extension of its Series A round from Aquiline Technology Growth (ATG), bringing the company’s total funding to date to over $20 million.
“The insurance claims landscape is changing, and we are excited to be at the forefront of this transformation. The investment from Aquiline will further position us to execute on our vision to drive the claims industry into the future through agile, fully-digital, and data-driven claims solutions,” says Oded Barak, Five Sigma CEO and Co-founder.
Five Sigma Expands Team with Four New Appointments.
Five Sigma has appointed four new executives to its leadership team, Dana Poleg, who will serve as Chief Marketing Officer; Amalia Landau, as VP of Human Resources; Shani Gal as VP of Product, and Ofer Milavski as Chief Operating Officer. All four bring extensive experience in global technology companies.
Justt Partners with Stripe
Chargeback mitigation solution, Justt, announced their partnership with Online payment processing giant, Strip, to rollout chargeback mitigation to hundreds of new customers.
Through this partnership, Justt will empower Stripe customers to maximize successful chargeback wins in Stripe.
Darrow and 4M Analytics Lead in Percentage of Women Leadership
While Israel tech remains tainted by female underrepresentation, two of our portfolio companies, Darrow and 4M Analytics were found to be amongst the leaders in gender diversity, an unbelievable recognition.
Darrow was established as the leader in women management while both Darrow and 4M were listed first and second as companies that lead in woman representation(up to 100 employees category.)
RapidSec Acquired by Orca
Junction alum, RapidSec, has announced its acquisition by Cybersecurity unicorn Orca Security. RapidSec, which focuses on protecting web applications from client-side attacks, will empower Orca Security to further expand its platform.
Shai Alon, CEO, and co-founder of RapidSec, noted that “as its name implies, RapidSec’s vision since its inception has been to offer self-service protection for web applications at speed and quality that did not exist in the market. We’ve been able to protect thousands of web applications throughout the company’s life.”