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πŸš€ AI ERP Platform Rillet Secures $70 Million in Series B Funding

According to PANews, AI-native enterprise resource planning (ERP) platform Rillet has successfully raised $70 million in a Series B funding round. The investment was led by Andreessen Horowitz and ICONIQ, with participation from Sequoia and Oak HC/FT. This latest funding brings Rillet's total financing to over $100 million within a year. Founded by a former executive from N26, Rillet has already served more than 200 clients. Over the past 12 weeks, the company's annual recurring revenue (ARR) has doubled. Rillet is collaborating with accounting firms such as Armanino and Wiss to reduce the closing cycle to just a few days through native integration and embedded AI solutions.

#AI #ERP #Rillet #Funding #SeriesB #Investment #AndreessenHorowitz #ICONIQ #Sequoia #OakHCF #Clients #ARR #Accounting #AIIntegration
πŸš€ Farcaster Experiences Outage, Team Working on Resolution

According to Foresight News, the decentralized social protocol Farcaster has announced via a tweet that its application is currently experiencing an outage. The team is actively working to resolve the issue. The Base application and other clients remain unaffected by this disruption.

#Farcaster #outage #decentralized #socialprotocol #ForesightNews #Baseapplication #clients
πŸš€ XRP Gains Attention Among Advisors and Clients

Advisors across the United States are frequently approached by clients with inquiries about XRP, making it one of the most discussed assets in the financial community, second only to Bitcoin. Grayscale posted on X. During Ripple’s XRP Community Day, it was highlighted that the interest in XRP remains strong, driven by a dedicated community and ongoing demand.

#XRP #Advisors #Clients #Bitcoin #Grayscale #Ripple #XRPCommunity #FinancialCommunity #Demand #BTC
πŸš€ BofA Clients Sell $8.3 Billion in Stocks at Near-Historic Levels

Macro Charts posted on X that BofA clients sold US equities last week, with outflows reaching near-historic levels. The outflows were the third highest since records began in 2008.

#BofA #clients #sell #stocks #outflows #USequities #macro #charts #historiclevels #2008