B2B News for Tuesday, October 26, 2021: B2B Venture Capital Heats Up, SaaS Supply Chains & Blackboard Merges into Anthology

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If the supply chain issues of the last two years have taught us anything, it’s that B2B needs more attention. Today’s news brings together investment and distribution issues.

Asymmetric Capital Partners is a new venture capital firm headed by Rob Biederman, Co-Founder, Chairman, and former co-CEO of Catalant Technologies. The fund will invest in Seed to Series C stage B2B technology companies that focus on the digitization of legacy industries, next-generation software and business tooling, marketplaces, and the future of work, retail, and health care.

“I founded Asymmetric to build a new kind of venture firm, focused on partnering with world-class founders and providing operational support on their journeys,” said Biederman, Asymmetric’s Founder and Managing Partner. “Venture capital is itself in the midst of profound structural change, as commoditized capital and reactionary sourcing give way to a service-oriented mentality and rigorous, genuine thought partnership between founders and investment firms. We see ourselves at the vanguard of that movement.”

Press release: https://www.prnewswire.com/news-releases/asymmetric-capital-partners-launches-105m-debut-fund-to-invest-in-b2b-startups-301407445.html

Amazon Web Services increasing controls more of the software supply chain. Commvault, a provider of data services across on-premises, cloud, and software as a service (SaaS) environments, has made Commvault Backup & Recovery and Commvault Professional Services available in the AWS Marketplace.

 “Using Commvault backup and recovery solutions with AWS has been a winning combination for us,” said Benjamin Roper, Enterprise Back-up and Recovery Specialist at Parsons Corporation. “We feel secure knowing that our data is protected by two industry-leading companies, coupled with the cost-savings and scalability that we require to grow our business.” 

Press release: https://www.commvault.com/news/commvault-extends-value-of-intelligent-data-services

Vendavo has announced the launch of its new Vendavo Sales Optimizer. The AI-enabled SaaS solution leverages a company’s existing transaction history to recommend products that customer is most likely to buy. It is a standalone sales intelligence solution that delivers its intelligent recommendations directly to any CRM, CPQ, or ecommerce solution, creating a more personalized customer experience while helping sales to grow top-line revenue through low-risk conversations with their customers.

“Our customers’ sales teams sell an increasingly large number of product categories across a large customer portfolio. Even the best salesperson can’t possibly know which products that every other similar customer buys across the country, region, or globe,” said Bruno Slosse, CEO, Vendavo.  “With our new Vendavo Sales Optimizer, we are making it simple for B2B companies to provide their sales teams with high-probability recommendations to accelerate sales growth.”

Press release: https://www.prnewswire.com/news-releases/vendavo-launches-sales-optimizer-for-b2b-sellers-301405137.html

Anthology and Blackboard completed their merger yesterday as the consolidation of the EdTech sector continues. Anthology will become the parent company with the Blackboard name continuing as an integral part of its brand portfolio. 

“The closing of the transaction represents the next chapter for Anthology and Blackboard as our collective offerings can deliver unmatched personalized experiences and insights across the full learner lifecycle,” said Jim Milton, Chairman and CEO of the company. “Our combined broad set of capabilities – including teaching and learning, student information systems, enterprise resource planning, community engagement, student success and student engagement – will provide our clients with a full suite of enterprise-level products and services that enable institutions to not only focus on data-driven decisions but completely transform both student and institutional success.”

Press release: https://www.prnewswire.com/news-releases/anthology-completes-merger-with-blackboard-launches-next-chapter-in-edtech-301407474.html

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Kate Baggott

Kate Baggott is a former Managing Editor of B2BNN. Her technology and business journalism has appeared in the Technology Review, the Globe and Mail, Canada Computes, the Vancouver Sun and the Bay Street Bull. She is the author of the short story collections Love from Planet Wine Cooler and Dry Stories. Find links to recent articles by following her on LinkedIn https://www.linkedin.com/in/kate-baggott-9a0306/