Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

San Jose, Calif.-based Nile, a provider of next-generation enterprise networks, has raised a $175 million Series C round.

San Francisco, Calif.-based Pano AI, a company that offers a managed solution for active wildfire detection with a connected, intelligent platform for fire professionals using artificial intelligence, has raised $17 million.

Quantifind, a provider of AI-powered financial crimes risk management solutions, has raised $23 million in funding.

Gurgaon and Bangalore, India-based data insights startup Synaptic has raised $20 million in Series B funding.