Merge Raises $15 Million Series A

<div class&equals;"row">&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p><strong><span class&equals;"xn-location">SAN FRANCISCO<&sol;span><&sol;strong> &&num;8212&semi; Merge API Inc&period;&comma; the <span class&equals;"xn-location">San Francisco<&sol;span> and <span class&equals;"xn-location">New York City<&sol;span>-based company providing one API for all B2B integrations&comma; announced the close of a <span class&equals;"xn-money">&dollar;15 million<&sol;span> Series A funding round led by Addition&comma; with participation from existing investor NEA&period;<&sol;p>&NewLine;<p>The company also announced its status as a partner of BambooHR&comma; an HR provider&comma; and Lever&comma; an applicant tracking system&period;<&sol;p>&NewLine;<p>&&num;8220&semi;This round empowers us to not only continue investing in our product but also in our partnerships&comma;&&num;8221&semi; said Merge co-founder Shensi Ding&period; &&num;8220&semi;We plan to expand our features&comma; the team building them&comma; and the partnerships that are so important in providing best-in-class integrations for our customers&period;&&num;8221&semi;<&sol;p>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<div class&equals;"row">&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p>Five months since Merge&&num;8217&semi;s <u>NEA-led series seed<&sol;u> announcement&comma; now over 600 organizations have registered for the company&&num;8217&semi;s platform&period; Merge launched product features such as detailed logging&comma; enhanced webhooks&comma; CSV upload&comma; SAML SSO&comma; and a single-tenant offering&period; Companies such as Ramp&comma; Figure&comma; and Drata trust Merge&&num;8217&semi;s Unified API to act as the integration layer for their B2B products&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Merge is revolutionizing customer-facing integrations in the B2B space by helping developers integrate fast and integrate once&comma;&&num;8221&semi; said <span class&equals;"xn-person">Lee Fixel<&sol;span>&comma; Founder of Addition&period; &&num;8220&semi;Their track record demonstrates Merge is solving a common problem with the right product&comma; and we&&num;8217&semi;re excited to support the company on its continued growth trajectory&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Merge additionally plans to use its Series A to expand into more categories of integrations and add to the 50&plus; integrations across the company&&num;8217&semi;s existing <u>HR APIs<&sol;u>&comma; <u>payroll APIs<&sol;u>&comma; <u>recruiting APIs<&sol;u>&comma; and <u>accounting APIs<&sol;u>&period; Upcoming product features include audit trails and on-premise support&period; The company also plans to expand its engineering and sales teams as well as increase its marketing efforts&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;

Editor

Outmarket AI Lands $34.5 Million

SAN FRANCISCO -- Outmarket AI, an AI platform for insurance, has raised $34.5 million in Series…

3 days

Presto Raises $10 Million for Voice AI

SAN MATEO -- Presto Phoenix, Inc. (“Presto”), a specialist in enterprise-grade Voice AI for quick-service…

3 days

NVIDIA to Buy Back $150 Billion in Stock

NVIDIA has authorized the largest stock buy back by any company in history. The leading…

3 days

DoorDash Adds More Retailers, Offers Returns Too

DoorDash wants its app to be a mall in your pocket. DoorDash is expanding its…

3 days

New Hubble Satellite Network Opens to Bluetooth Devices

SEATTLE — Hubble Network, which operates the world’s first satellite-powered Bluetooth network, has opened its satellite…

5 days

Rune Debuts Relic With $40 Million in New Funding

SAN FRANCISCO -- Rune has unveiled RELIC (Renewable Energy Linked Intelligent Compute), a modular compute…

5 days