Human resources software provider Legion and edge cloud services provider Zenlayer each received $50m while Intel is exiting Sedona Systems in a $100m acquisition.

Funding

US-based human resources software producer Legion Technologies raised $50m in series C funding yesterday from investors including retail chain Dollar General. The round was led by growth equity firm Stripes and also featured existing backers Norwest Venture Partners, First Round Capital, XYZ Ventures and Webb Investment Network. The company has now secured $85.5m in total and the round followed a $22m series B in September 2020 featuring Dollar Chain, enterprise software provider Workday and mobile network operator NTT…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.