Tray.io, a workflow automation platform raises $50M

Tray.io, a San Francisco-based workflow automation platform that lets users automate their workflow by integrating different APIs in one platform has announced funding of $50 million in a Series C round. The round was led by Meritech Capital, with previous investors Spark Capital, GGV Capital, and True Ventures also participating. This round brings the total funding raised by Tray.io to $110 million and brings its post-money valuation to $600 million.

“Since we started the company we’ve been very fortunate with what’s happened in the tech world,” CEO and co-founder Rich Waldron said in a statement.

India-based scooter rental startup Bounce raises $150M

Bounce, a Bangalore-based electric and gas-powered scooter rental startup, just raised $150 million in Series D funding from B Capital and Accel Partners India. The startup has amassed 2.1 million customers and is estimated to be worth over $500 million.

Palo Alto Networks acquires Aporeto for $150 million

Palo Alto Networks is all set to acquire Aporeto, a San Jose-based machine identity-based micro-segmentation company, for $150 million in cash. Aporeto had raised $34.5 million from investors, Wing Venture Capital, Norwest Venture Partners, and DCVC, among other firms.

“Our solid Q1 performance, particularly in the Americas, gives us confidence that we have the right formula for global sales leadership as demonstrated by improved productivity and sales hiring over the last six months,” CEO Dheeraj Pandey said in a statement.