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Stock impact report

Maybern Secures $50 Million in Series B Funding Led by Battery Ventures to Build a New Operating System for Private Capital

Guidewire Software, Inc. (GWRE) 
Last guidewire software, inc. earnings: 3/4 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.guidewire.com
Company Research Source: Business Wire
Funding will accelerate Maybern’s development of AI-driven infrastructure that modernizes fund operations amid a boom in the $16 trillion global alternatives market NEW YORK--(BUSINESS WIRE)--Maybern, the operating system for private funds, today announced it has raised $50 million in Series B funding, bringing its total funding to date to $76 million. This round was led by Battery Ventures, with participation from Primary Venture Partners, Human Capital, MetaProp, Grafton Street Partners, Camber Creek, and Friends & Family Capital.As part of the investment, Battery General Partner Marcus Ryu, the co-founder and former CEO of insurtech pioneer Guidewire Software (NYSE: GWRE), will join the company’s board. His experience leading enterprise transformation in complex industries aligns directly with Maybern’s mission.“Private markets have evolved rapidly, but the systems that power them have not,” said Ross Mechanic, co-founder and CEO of Maybern. “Maybern is defining a new category o Show less Read more
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