Samsung-backed automation software developer Rezilion secured $30m while IGC Hospitality took part in restaurant management technology provider MarginEdge's $18m series B round.

Funding

Rezilion, an Israel-based secure automation technology developer backed by consumer electronics manufacturer Samsung, raised $30m yesterday in a series A round led by Guggenheim Investments that included JVP, Kindred Capital and undisclosed angel investors. Samsung subsidiary Samsung Next had joined JVP, Kindred Capital, LocalGlobe and individuals including Ron Zuckerman and Guy Schory in an $8m seed round disclosed when Rezilion emerged from stealth in January 2020.

MarginEdge, the US-based creator of a software platform which helps restaurants track…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.